WHO WE ARE
Q Precious & Battery Metals is a diversified Canadian mineral exploration company with operations primarily based in the world-class Abitibi greenstone belt region of Val d'Or, Quebec. Q Precious & Battery Metals currently holds 100% ownership in 7 separate Precious and Critical Elements Projects in Canada.
The Government of Canada recognizes 31 elements as being critical to new technologies of energy production and transmission. Six elements are listed as currently prioritized in importance including lithium, nickel, cobalt, copper, graphite, and rare earth elements. Q Metals has acquired properties in Quebec that are currently being explored for potential to host lithium, copper, nickel, cobalt, zinc, molybdenum, and PGE - all listed as critical minerals.
GOLD PROJECTS
McKENZIE EAST GOLD PROPERTY- Gold, Copper
The McKenzie East is located 30 kilometres north of the city of Val-d'Or, Quebec and situated in the prolific Abitibi greenstone-belt. The surrounding region is extremely active for gold exploration companies, with exceptional existing infrastructure and several mills and operating gold mines in the immediate area.
The Property is comprised of 43 cells, totaling 1656 hectares in size and is easily accessible year-round via several logging roads. The bedrock is covered by glacial tills mainly consisting of sand, gravel and clay ranging from 1-20 meter's in depth.
The McKenzie East project comprises two claim groups separated by one kilometre. The larger northern group totals 1,964 hectares over 42 claims, with the south totalling 178 hectares over four claims.
The McKenzie Break project that is currently under exploration by Monarch Gold Corp. is within two kilometres west of the company's McKenzie East Project. In June 2018, Monarch reported a pit-constrained indicated resource of 939,860 tonnes grading 1.59 grams gold, and an underground indicated resource of 281,739 tonnes averaging 5.90 grams gold.
GOLDEN VALLEY PROPERTY- Gold
Golden Valley is located within 30 km northeast of Val d’Or Quebec, a major mining center. 1601 Ha in size. Approximately 170km Northwest of Val D’or. Favorable geological setting, situated on the fold nose in a sequence of volcanics (tuff and basaltic beds). The property is along strike from 14 other showings in the same sequence.
The Golden Valley Property is situated 26 kilometres south of the Casa Berardi Mine. It is hosted within rocks of the of the Abitibi Greenstone belt, an established gold mining district that has produced over 100 mines and 170 million ounces of gold since 1901. The Leberge Deformation Zone passes through the property.
The Golden Valley property is located within prospective geologic terrain in close proximity to the Hecla Mining - Casa Berardi Mine which is 95 km north of La Sarre. The proximity of gold mineralization in mapped structures on the Golden Valley property provide excellent targets for further work.
CRITICAL ELEMENTS PROJECTS
LA CORNE PROJECT -Lithium, Copper, Zinc, Lead, Molybdenum
The La Corne Lithium claims were staked by Q Metals to cover the Boily-Bérubé mineral showing. This showing is documented as a vein system hosting pyrite, chalcopyrite, and molybdenite. The copper and molybdenum potential of this showing was of interest to Q Metals for further work, as well as the potential for VMS deposition.
Q Metals has completed airborne magnetic survey and ground-based deep penetrating electromagnetic survey, as well as bedrock sampling, on the LaCorne claims. Several target areas have been identified by these surveys. A permit to drill on LaCorne was obtained in 2023 with drilling proposed for 2024.
The Quebec database indicates 14 lithium projects associated with the margins of the La Corne Batholith. Sections of the batholith are pegmatitic which host the lithium. One of the most prominent lithium deposits in this group is located 10 kilometres northwest of LaCorne -The North American Lithium Mine which is a historic lithium mine that now lists proven and probable mineral reserves estimated at 29.2 million tonnes (Mt), grading 0.96% Li2O, with contained Li2O of 280,300t. The norther part of the LaCorne claims cover the margin of the La Corne Batholith which is the zone of interest for lithium.
PONTAX PROJECT - Lithium
The Pontax claims cover 5,376 hectares in 101 contiguous claims located within the “Lithium Triangle”. The property is surrounded by other significant lithium plays including: Patriot Battery Metals Pontaxproject, Brunswick Exploration, Stria Lithium properties, and the Li-FT Power Ltd. large land package including the Moyenne Project. The newly acquired Q Precious & Battery Metals property is strategically positioned in an exceptionally active and promising area for lithium exploration. The reader is cautioned that potential lithium resources that exist on properties outside of the Pontax Lithium Project claims are not direct indicators of lithium mineralization on the Pontax Lithium Project.
The Q Precious & Battery Metals Pontax property is an exploration stage project that has potential for hosting LCT pegmatites and associatedlithium mineralization. The property’s vicinity to fertile peraluminous granite bodies, as well as being close to other known lithium deposits in the region provides strong incentive for lithium exploration. The granitic bodies and host lithologies are underexplored and need to be prospected for pegmatite bodies.
Q Precious & Battery Metals geologic team is in the process of compiling all available data for the Pontax River project in preparation for a Phase I exploration program. An initial geologic mapping and prospecting site reconnaissance is scheduled to be completed in Summer 2024.
LORRAIN HYDROGEN PROJECT
The Lorrain Hydrogen Project is located two kilometres north of Béarn and five kilometres east of Ville-Marie, and are within fourteen kilometres southeast of the QIMC gas-in-soil discovery grid area.
The area is now observed to contain the components of the volcanic belt-graben model used to guide exploration for hydrogen. Several geologic features of the area are highly favorable for hydrogen where the sedimentary rocks of the Cobalt Group are injected by numerous Nipissing mafic dykes and sills that can act as impermeable barriers that limit the ascent of hydrogen to the surface, acting as a hydrocarbon trap.
The Lorrain Hydrogen Project covers 11 claims totalling 633 hectares in the Ville-Marie - Bearn hydrogen exploration region. The claims are underlain by Paleoproterozoic Cobalt Group sedimentary rocks in contact with Neoarchean mafic to intermediate volcanic rocks, and intrusion of Archean peridotite bodies. Regional scale fault structures are mapped within one kilometre of the claims.
STRATEGIC METALS/ URANIUM/ /RARE EARTHS PROJECTS
VERSANT - Uranium, Rare Earths
The Versant property is located in the Lac Jerome municipality in the Cote-Nord region of Quebec. The property was staked by Q Precious & Battery Metals to cover a trend of elevated uranium and Rare Earth Elements ( REE ) returned from rock sampling by other companies. The previous work is summarized on Quebec's Système d'information géominière (SIGEOM) website, where rock sampling results include 3,160 ppm U and total combined REE of over 10% (see table below). The combination of significant uranium values with very high reported REE values is very intriguing to Q Battery Metals, and the company is eager to continue data compilation and targeting for future work on the property. The company warns the reader that Q Metals has not verified historic results, and there is no guarantee that the historic values will be obtained in future work programs.
HECTOR - Uranium, Rare Earths
The Hector Strategic Metals property is located in the Manicouagan Region of Quebec. Historic work that included trenching, bedrock sampling, and diamond drilling so far has discovered four uranium zones over a north-south extent of 4.7 km (Quebec's Systeme d'information geominiere (SIGEOM) website summary).
These zones are made up of several veins of uranium pegmatite hosted in gray and white granitic gneiss. The pegmatitic veins were mapped up to 20 m in width. In 2008, Resources Appalaches completed 22 diamond drill holes focussed within the southern portion of the property, with 20 of the holes intersecting pegmatite and 11 of those returning elevated uranium (up to 630 ppm).
The Hector Property is accessed by paved highway for 470 Km east of Quebec City with 20 Km of gravel industrial road north from Highway Route Jacques-Cartier (Hwy 138) to the area of historic drilling.
GAMART- Uranium, Rare Earths
The Gamart Property is located approximately 130 Km west of Labrador City (New Newfoundland-Lab Labrador) which is 600 Km north of Baie-Comeau, Quebec, on Highway 389. The property is located in a region of growing interest for mineral exploration with substantial areas of staked claims. The results from historic exploration by other companies provides a basis for Q Precious & Battery Metals to plan future work programs on the Gamart property. The Q Precious & Battery Metals geologic team is in the process of compiling all of the information available for the project and will provide a more detailed summary in the near future.
Québec’s Systeme d'information geominiere (SIGEOM) summarizes the Lac Gamart mineralization as uranium within megaporphyry alkaline granite rocks. The Sigeom summary includes sample GV-14 that returned 2,160 ppm U and sample GV-15 that returned 930 ppm U. Sample GV -07, located approximately 2.25 km to the NE, returned 2,260 ppm U (report GM63283, 2007). The reader is warned that Q Metals has not verified historic results, and there is no guarantee that the historic values will be obtained in future work programs. The Gamart Project is an early-stage exploration target with very interesting potential for uranium mineralization.
Q Precious & Battery Metals trades on the Canadian Securities Exchange under the stock symbol (QMET), in the US under the symbol (BTKRF) and on The Frankfurt Stock Exchange in Germany (ONBA).
