NetworkNewsBreaks – QMC Quantum Minerals Corp. (
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Posted On: 11/28/2018 4:29:28 PM
NetworkNewsBreaks – QMC Quantum Minerals Corp. (OTC: QMCQF) (TSX.V: QMC) (FSE: 3LQ) Using Historic Exploration to its Advantage
QMC Quantum Minerals’ (OTC: QMCQF) (TSX.V: QMC) (FSE: 3LQ) Irgon Lithium Mine was previously explored during the 1950s. The recent immense global demand for lithium implored QMC to rediscover the mine and initiate the continuation of exploration and development work there. A recent article discussing the company reads, “Quantum Minerals is benefiting from exploration and development previously undertaken at the Canadian Irgon Lithium Mine Site. The Irgon Dike was established as a lithium resource nearly 65 years ago. Drilling and underground development within the dike during that period resulted in an historic in situ resource that exceeded 1.2 million tons of lithium oxide and graded at 1.51 percent over a strike length of 365 meters (1,200 feet). … A 1950s development program at Irgon Lithium Mine saw the dike’s 74-meter deep (241 feet), three-compartment shaft excavated. At the 61-meter (200-feet) level, 341 meters (1,120 feet) of lateral drifting parallel to the dike was extended from the shaft, and seven crosscuts totaling 110 meters (361 feet) were cut. At surface, a 500 ton per day mill was also constructed on site. Work ceased due to the unfavorable economic climate at the time, and, in 1961, the mill was removed.”
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QMC Quantum Minerals’ (OTC: QMCQF) (TSX.V: QMC) (FSE: 3LQ) Irgon Lithium Mine was previously explored during the 1950s. The recent immense global demand for lithium implored QMC to rediscover the mine and initiate the continuation of exploration and development work there. A recent article discussing the company reads, “Quantum Minerals is benefiting from exploration and development previously undertaken at the Canadian Irgon Lithium Mine Site. The Irgon Dike was established as a lithium resource nearly 65 years ago. Drilling and underground development within the dike during that period resulted in an historic in situ resource that exceeded 1.2 million tons of lithium oxide and graded at 1.51 percent over a strike length of 365 meters (1,200 feet). … A 1950s development program at Irgon Lithium Mine saw the dike’s 74-meter deep (241 feet), three-compartment shaft excavated. At the 61-meter (200-feet) level, 341 meters (1,120 feet) of lateral drifting parallel to the dike was extended from the shaft, and seven crosscuts totaling 110 meters (361 feet) were cut. At surface, a 500 ton per day mill was also constructed on site. Work ceased due to the unfavorable economic climate at the time, and, in 1961, the mill was removed.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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