Quebec Precious Metals: Message from the CEO
2019年10月29日 - 8:00PM
Quebec Precious Metals Corporation (TSX.V: CJC, FSE: YXEP,
OTC-BB: CJCFF) (“QPM” or the “Company”) is pleased to
provide a message from its Chief Executive Officer, Normand
Champigny:
“We continue to make significant progress at our
100% owned Sakami gold project. The results from the summer surface
program demonstrate the strength of the drill targets located along
the 13-km mineralized trend. At the La Pointe deposit, the soil
geochemical survey has delineated many new targets over a distance
of 2 km to the west. These results represent a considerable
potential upside for the La Pointe deposit. We are very excited to
start drilling soon and systematically test the numerous target
areas. Our goal remains the same: Identify a multi-million ounces
resource through the project.”
“To fund the upcoming major drilling campaign,
we have recently received financing from Laurentian Bank Securities
as the lead and Canaccord Genuity Corp. as a comanager in the form
of a bought deal totaling $ 6.5 million. We expect the closing of
this financing within the next few weeks.”
“We are also looking forward to receiving and
interpreting the surface results from the other James Bay gold
projects: Cheechoo-Éléonore trend, Blanche, Charles, and Opinaca
West. These results will provide a better understanding of these
projects’ exploration potential.”
“Our shareholders can expect more news as we
embark on the next phase of exploration. With a strong team and the
required funding, we are excited about what the future holds.”
About Quebec Precious Metals
Corporation
QPM is a gold explorer with a significant land
position in the highly-prospective Eeyou Istchee James Bay
territory, Quebec, near Newmont Goldcorp Corporation’s Éléonore
gold mine. QPM’s flagship project is the Sakami project with
significant grades and well-defined drill-ready targets. QPM’s goal
is to rapidly explore this project to advance it to the mineral
resource estimate stage.
For more information please contact:
Jean-François Meilleur |
Normand Champigny |
President |
Chief Executive Officer |
Tel.: 514 951-2730 |
Tel.: 514 979-4746 |
jfmeilleur@qpmcorp.ca |
nchampigny@qpmcorp.ca |
Neither TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in the policies of the
TSX Venture Exchange) accepts responsibility for the adequacy
or accuracy of this release.
Quebec Precious Metals (TSXV:CJC)
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