NetworkNewsBreaks – QMC Quantum Minerals Corp. (
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Posted On: 01/30/2019 3:59:24 PM
NetworkNewsBreaks – QMC Quantum Minerals Corp. (OTC: QMCQF) (TSX.V: QMC) (FSE: 3LQ) Advances Irgon Lithium Mine Project Toward Mining Production
QMC Quantum Minerals (OTC: QMCQF) (TSX.V: QMC) (FSE: 3LQ) is currently anticipating the completion of an updated NI 43–101 resource report on its Irgon Lithium Mine Project, in which the company holds a 100 percent undivided interest. An article discussing the company reads, “QMC’s efforts to supply a domestic source of lithium have focused on previously explored but underdeveloped hard rock mineral sites in southern Canada. Historically, North America’s hard rock miners dominated the lithium industry until the 1980s by extracting the white metal from the mineral spodumene, which, as a lithium aluminum inosilicate, is a source of lithium and is often found in large quantities. South American nations hosting the famed ‘Lithium Triangle’ gained market dominance with their more economical lithium brine evaporation ponds as the price of the white metal fell, but companies such as QMC assert that the hard rock mining process is ultimately more reliable and faster to bring into production once the initial exploratory work has been completed. . . . QMC has invested over two years into its vision for its Manitoba property, known as the Irgon Lithium Mine Project, stating that, typically, hard rock projects take three to five years to commence production. The company is anticipating the completion of an updated NI 43–101 resource report on the Irgon Project, in which it holds a 100 percent undivided interest.”
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QMC Quantum Minerals (OTC: QMCQF) (TSX.V: QMC) (FSE: 3LQ) is currently anticipating the completion of an updated NI 43–101 resource report on its Irgon Lithium Mine Project, in which the company holds a 100 percent undivided interest. An article discussing the company reads, “QMC’s efforts to supply a domestic source of lithium have focused on previously explored but underdeveloped hard rock mineral sites in southern Canada. Historically, North America’s hard rock miners dominated the lithium industry until the 1980s by extracting the white metal from the mineral spodumene, which, as a lithium aluminum inosilicate, is a source of lithium and is often found in large quantities. South American nations hosting the famed ‘Lithium Triangle’ gained market dominance with their more economical lithium brine evaporation ponds as the price of the white metal fell, but companies such as QMC assert that the hard rock mining process is ultimately more reliable and faster to bring into production once the initial exploratory work has been completed. . . . QMC has invested over two years into its vision for its Manitoba property, known as the Irgon Lithium Mine Project, stating that, typically, hard rock projects take three to five years to commence production. The company is anticipating the completion of an updated NI 43–101 resource report on the Irgon Project, in which it holds a 100 percent undivided interest.”
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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