QMC Drills 2.95% Li2O at Irgon Dike

Original announcement by tmx on

Company
Quantum Minerals Corp.
Ticker
QMC
Exchange
TSX
Region
Manitoba
Primary commodity
Lithium
Secondary commodities
Tantalum, Cesium, Niobium
Document categories
Drill results
Extracted
2026-08-24 08:24:54 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Quantum Minerals Corp. reported initial assay results from its 2019 drill program at the Irgon Lithium Mine Project in Manitoba. The results include a high-grade 0.75m intercept of 2.95% Li2O and confirm the presence of spodumene mineralization in all holes drilled.

Reasoning: Strong lithium grades (up to 2.95% Li2O) reported from initial drill program, confirming mineralization at depth.

Positive factors

  • high-grade lithium intercepts
  • spodumene mineralization confirmed in all holes
  • QA/QC disclosed

Facts used in scoring: 6

Classification and evidence

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: Release mentions review and approval by a Qualified Person (Bruce E. Goad, P. Geo.)

Evidence · text

“reviewed and approved by Bruce E. Goad, P. Geo., who is a qualified person”

Extracted facts

Stored fact records: 6. Some facts used in scoring do not have a stored record.

Drill Results (6)

IR-19-06Irgon Lithium Mine Project · lithiumGrade: 2.95Grade Unit: % Li2OIntercept: 0.75 mView all details
Link to this fact

Identity

Hole ID
IR-19-06
Project
Irgon Lithium Mine Project
Commodity
lithium
Region
canada_mb
Reported Region
Manitoba
Ticker
QMC

Geometry

Grade
2.95
Grade Unit
% Li2O
Intercept
0.75 m
From
77 m
To
77.75 m

Classification

Program
exploration
Sample Type
drill

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2019-09-11T00:00:00.000Z

Reasoning: 2.95% Li2O exceeds the exceptional threshold for lithium.

Positive factors

  • exceptional grade

Evidence · table

“2.95”

Context: 0.75

IR-19-09Irgon Lithium Mine Project · lithiumGrade: 1.85Grade Unit: % Li2OIntercept: 3.65 mView all details
Link to this fact

Identity

Hole ID
IR-19-09
Project
Irgon Lithium Mine Project
Commodity
lithium
Region
canada_mb
Reported Region
Manitoba
Ticker
QMC

Geometry

Grade
1.85
Grade Unit
% Li2O
Intercept
3.65 m
From
46.1 m
To
49.75 m

Classification

Program
exploration
Sample Type
drill

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2019-09-11T00:00:00.000Z

Reasoning: 1.85% Li2O is a strong grade for lithium.

Positive factors

  • strong grade

Evidence · table

“1.85”

Context: 3.65

IR-19-09Irgon Lithium Mine Project · lithiumGrade: 2.46Grade Unit: % Li2OIntercept: 2.51 mView all details
Link to this fact

Identity

Hole ID
IR-19-09
Project
Irgon Lithium Mine Project
Commodity
lithium
Region
canada_mb
Reported Region
Manitoba
Ticker
QMC

Geometry

Grade
2.46
Grade Unit
% Li2O
Intercept
2.51 m
From
47.24 m
To
49.75 m

Classification

Program
exploration
Sample Type
drill
Group ID
IR-19-09:47.24-49.75

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2019-09-11T00:00:00.000Z

Reasoning: High-grade sub-interval within IR-19-09.

Positive factors

  • high-grade sub-interval

Evidence · table

“2.46”

Context: 2.51

IR-19-03Irgon Lithium Mine Project · lithiumGrade: 1Grade Unit: % Li2OIntercept: 20.35 mView all details
Link to this fact

Identity

Hole ID
IR-19-03
Project
Irgon Lithium Mine Project
Commodity
lithium
Region
canada_mb
Reported Region
Manitoba
Ticker
QMC

Geometry

Grade
1
Grade Unit
% Li2O
Intercept
20.35 m
From
39.95 m
To
60.3 m

Classification

Program
exploration
Sample Type
drill

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2019-09-11T00:00:00.000Z

Reasoning: Wide 20.35m intercept at 1.0% Li2O.

Positive factors

  • significant width

Evidence · table

“1.00”

Context: 20.35

IR-19-01Irgon Lithium Mine Project · lithiumGrade: 1.29Grade Unit: % Li2OIntercept: 9.75 mView all details
Link to this fact

Identity

Hole ID
IR-19-01
Project
Irgon Lithium Mine Project
Commodity
lithium
Region
canada_mb
Reported Region
Manitoba
Ticker
QMC

Geometry

Grade
1.29
Grade Unit
% Li2O
Intercept
9.75 m
From
121.8 m
To
132.55 m

Classification

Program
exploration
Sample Type
drill

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2019-09-11T00:00:00.000Z

Reasoning: 1.29% Li2O is a strong grade.

Positive factors

  • strong grade

Evidence · table

“1.29”

Context: 9.75

IR-19-01Irgon Lithium Mine Project · lithiumGrade: 1.3Grade Unit: % Li2OIntercept: 7.85 mView all details
Link to this fact

Identity

Hole ID
IR-19-01
Project
Irgon Lithium Mine Project
Commodity
lithium
Region
canada_mb
Reported Region
Manitoba
Ticker
QMC

Geometry

Grade
1.3
Grade Unit
% Li2O
Intercept
7.85 m
From
123.7 m
To
130.9 m

Classification

Program
exploration
Sample Type
drill
Group ID
IR-19-01:123.7-130.9

QA/QC

QA/QC Disclosed
Yes
QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2019-09-11T00:00:00.000Z

Reasoning: High-grade sub-interval within IR-19-01.

Positive factors

  • strong grade

Evidence · table

“1.30”

Context: 7.85

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.