# QMC Drills 2,300 Metres at Irgon Lithium Mine Project Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/qmc-drills-2-300-metres-at-irgon-lithium-mine-project--6b6eb5d3-651b-407b-8766-a83bd12f127c Original source: https://money.tmx.com/en/quote/QMC/news/8432836603151432/qmc-drills-2-300-metres-at-irgon-lithium-mine-project Publisher: tmx Original announcement: 2019-04-16T12:47:07.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Quantum Minerals Corp. - Ticker: QMC - Exchange: TSX - Region: Manitoba - Primary commodity: Lithium - Secondary commodities: Tantalum, Niobium, Rubidium, Cesium - Document categories: Drill results, Other - Extracted: 2026-08-24 08:23:48 UTC Narrative sentiment: 0.20 · Bullish ## Minestarters Atlas summary QMC has completed a 2,300-metre diamond drilling program at the Irgon Lithium Mine Project in Manitoba, reporting significant visual spodumene mineralization. While the program confirms mineralization continues at depth, definitive assay results are currently pending. The company also noted a historical 1950s-era lithium estimate for the project. Reasoning: The company completed a 2,300m drilling program showing visual spodumene, but definitive assay results are still pending, making the actual grade and width impact uncertain. - Positive factor: significant visual spodumene mineralization - Positive factor: confirms mineralization continues to depth - Positive factor: QA/QC program implemented - Negative factor: assay results are pending - Negative factor: intersections reported as not true width - Negative factor: historical estimate is non-compliant Facts used in scoring: 4 ## Classification and evidence **Apparent Width Only** Polarity: negative Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness. Why it applies: Multiple holes \(IR-19-18, IR-19-03, IR-19-10\) explicitly state the reported widths are 'not true width'. Evidence · text > \(not true width\) **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: The release mentions the implementation of a QA/QC program including certified control standards, duplicates, and blanks. Evidence · text > QMC and SGS Canada have implemented a quality assurance and quality control \(QA/QC\) program ## Extracted facts Stored fact records: 4. Some facts used in scoring do not have a stored record. ## Drill Results (4) ### IR-19-18 [Link to this fact](https://atlas-staging.minestarters.com/news/qmc-drills-2-300-metres-at-irgon-lithium-mine-project--6b6eb5d3-651b-407b-8766-a83bd12f127c#fact-drill-facts-0) Irgon Lithium Mine Project · lithium #### Identity - Hole ID: IR-19-18 - Project: Irgon Lithium Mine Project - Commodity: lithium - Region: canada\_mb - Reported Region: Manitoba - Ticker: QMC #### Geometry - Intercept: 14 m #### Classification - Program: exploration - Sample Type: drill - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2019-04-16T00:00:00.000Z Reasoning: Deepest hole in campaign confirms mineralization below historic workings, though width is apparent and assays are pending. - Positive factor: confirms mineralization continues to depth - Negative factor: not true width - Negative factor: assays pending Evidence · text > IR-19-18 \(-65 o \) cut 14 metres \(not true width\) of spodumene-bearing pegmatite ### IR-19-03 [Link to this fact](https://atlas-staging.minestarters.com/news/qmc-drills-2-300-metres-at-irgon-lithium-mine-project--6b6eb5d3-651b-407b-8766-a83bd12f127c#fact-drill-facts-1) Irgon Lithium Mine Project · lithium #### Identity - Hole ID: IR-19-03 - Project: Irgon Lithium Mine Project - Commodity: lithium - Region: canada\_mb - Reported Region: Manitoba - Ticker: QMC #### Geometry - Intercept: 21 m #### Classification - Program: exploration - Sample Type: drill - Mining Method: underground #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2019-04-16T00:00:00.000Z Reasoning: One of the widest intersections reported with significant visual mineralization, but width is apparent and assays are pending. - Positive factor: widest drill intersection - Positive factor: significant visual spodumene - Negative factor: not true width - Negative factor: assays pending Evidence · text > widest drill intersections... in holes IR-19-03 and 10 which cut 21... metres, respectively \(not true width\) ### IR-19-10 [Link to this fact](https://atlas-staging.minestarters.com/news/qmc-drills-2-300-metres-at-irgon-lithium-mine-project--6b6eb5d3-651b-407b-8766-a83bd12f127c#fact-drill-facts-2) Irgon Lithium Mine Project · lithium Needs review: ungrounded #### Identity - Hole ID: IR-19-10 - Project: Irgon Lithium Mine Project - Commodity: lithium - Region: canada\_mb - Reported Region: Manitoba - Ticker: QMC #### Geometry - Intercept: 23.5 m #### Classification - Program: exploration - Sample Type: drill - Mining Method: underground #### Review - Needs Review: Yes - Review Reason: ungrounded - Interp. Status: scored - Historical: No #### Dates - Event date: 2019-04-16T00:00:00.000Z Reasoning: The widest intersection reported in the program, though width is apparent and assays are pending. - Positive factor: widest drill intersection - Positive factor: significant visual spodumene - Negative factor: not true width - Negative factor: assays pending Evidence · text > widest drill intersections... in holes IR-19-03 and 10 which cut... 23.5 metres, respectively \(not true width\) ### Fact 4 [Link to this fact](https://atlas-staging.minestarters.com/news/qmc-drills-2-300-metres-at-irgon-lithium-mine-project--6b6eb5d3-651b-407b-8766-a83bd12f127c#fact-drill-facts-3) lithium Historical result Needs review: historical\_restatement #### Identity - Commodity: lithium - Ticker: QMC #### Geometry - Grade: 1.51 - Grade Unit: % Li2O #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: low\_confidence - Historical: Yes - Historical Source Date: 1955-08-04T00:00:00.000Z #### Dates - Event date: 2019-04-16T00:00:00.000Z Reasoning: Historical estimate from 1950s that does not meet current NI 43-101 standards. - Negative factor: non-compliant standards - Negative factor: no QP sign-off for current standards Evidence · text > historical mineral estimate of 1.2 million tons grading 1.51% Li 2 O ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.