# QMC Identifies 1,000 PPM Li In Significant Soil Anomaly Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/qmc-identifies-1-000-ppm-li-in-significant-soil-anomaly--e3063a6d-6e83-45f4-9e6b-cf65659ca766 Original source: https://money.tmx.com/en/quote/QMC/news/7601146058403176/qmc-identifies-1-000-ppm-li-in-significant-soil-anomaly Publisher: tmx Original announcement: 2021-05-04T12:10:00.000Z 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 - Document categories: Drill results, Other - Extracted: 2026-08-24 08:30:02 UTC Narrative sentiment: 0.60 · Bullish ## Minestarters Atlas summary QMC has identified a significant lithium soil anomaly in Manitoba, with concentrations exceeding 1,000 ppm Li. Surface chip samples also returned high grades of up to 4.16% Li2O at the Central pegmatite. Reasoning: The announcement reports a significant lithium soil anomaly and high-grade surface chip samples, though much of the geochemical context is based on historical TANCO data. - Positive factor: significant soil anomaly - Positive factor: high grade chip samples - Positive factor: lithium market deficit context - Negative factor: results rely on historical TANCO data - Negative factor: soil anomalies are not drill intercepts Facts used in scoring: 6 ## Classification and evidence **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: The announcement relies heavily on historical TANCO survey data and soil anomalies to define potential targets. Evidence · text > The historic assessment report \(Manitoba Mines Branch: \#92681\) documents a litho-geochemical soil survey that was conducted by TANCO ## Extracted facts Stored fact records: 6. Some facts used in scoring do not have a stored record. ## Drill Results (6) ### Fact 1 [Link to this fact](https://atlas-staging.minestarters.com/news/qmc-identifies-1-000-ppm-li-in-significant-soil-anomaly--e3063a6d-6e83-45f4-9e6b-cf65659ca766#fact-drill-facts-0) lithium #### Identity - Commodity: lithium - Ticker: QMC #### Geometry - Grade: 2.47 - Grade Unit: % Li 2 O - Intercept: 1.5 m #### Classification - Sample Type: surface #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2021-05-04T00:00:00.000Z Reasoning: High grade surface chip sample at Mapetre. - Positive factor: high grade chip sample Evidence · text > 1.5-metre-long chip sample assayed 2.47% Li 2 O ### Fact 2 [Link to this fact](https://atlas-staging.minestarters.com/news/qmc-identifies-1-000-ppm-li-in-significant-soil-anomaly--e3063a6d-6e83-45f4-9e6b-cf65659ca766#fact-drill-facts-1) lithium #### Identity - Commodity: lithium - Ticker: QMC #### Geometry - Grade: 4.16 - Grade Unit: % Li 2 O #### Classification - Sample Type: surface #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2021-05-04T00:00:00.000Z Reasoning: Very high grade surface chip sample at Central. - Positive factor: exceptional grade chip sample Evidence · text > Chip samples from the Central assay returns were from 1.42% to 4.16% Li 2 O ### Fact 3 [Link to this fact](https://atlas-staging.minestarters.com/news/qmc-identifies-1-000-ppm-li-in-significant-soil-anomaly--e3063a6d-6e83-45f4-9e6b-cf65659ca766#fact-drill-facts-2) lithium Historical result Needs review: drill\_no\_hole\_id #### Identity - Commodity: lithium - Ticker: QMC #### Geometry - Grade: 0.32 - Grade Unit: % Li 2 O - Intercept: 16.61 m #### Classification - Sample Type: drill #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: Yes - Historical Source Date: 1979-01-01T00:00:00.000Z #### Dates - Event date: 2021-05-04T00:00:00.000Z Reasoning: Historical drill intersection from TANCO data. - Positive factor: significant width - Negative factor: historical data Evidence · text > The best Mapetre Dike intersection was 0.32% Li 2 O over 16.61 metres ### Fact 4 [Link to this fact](https://atlas-staging.minestarters.com/news/qmc-identifies-1-000-ppm-li-in-significant-soil-anomaly--e3063a6d-6e83-45f4-9e6b-cf65659ca766#fact-drill-facts-3) lithium Historical result Needs review: drill\_no\_hole\_id #### Identity - Commodity: lithium - Ticker: QMC #### Geometry - Grade: 0.52 - Grade Unit: % Li 2 O - Intercept: 8.69 m #### Classification - Sample Type: drill #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: Yes - Historical Source Date: 1979-01-01T00:00:00.000Z #### Dates - Event date: 2021-05-04T00:00:00.000Z Reasoning: Historical high-grade sub-interval within Mapetre Dike. - Positive factor: high grade sub-interval - Negative factor: historical data Evidence · text > including 0.52% Li 2 O over 8.69 metres ### Fact 5 [Link to this fact](https://atlas-staging.minestarters.com/news/qmc-identifies-1-000-ppm-li-in-significant-soil-anomaly--e3063a6d-6e83-45f4-9e6b-cf65659ca766#fact-drill-facts-4) lithium Historical result Needs review: drill\_no\_hole\_id #### Identity - Commodity: lithium - Ticker: QMC #### Geometry - Grade: 1.28 - Grade Unit: % - Intercept: 3.81 m #### Classification - Sample Type: drill #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: Yes - Historical Source Date: 1979-01-01T00:00:00.000Z #### Dates - Event date: 2021-05-04T00:00:00.000Z Reasoning: Historical drill intersection from TANCO data. - Positive factor: strong grade - Negative factor: historical data Evidence · text > The best intersection from the Central Dike was 1.28% over 3.81 metres ### Fact 6 [Link to this fact](https://atlas-staging.minestarters.com/news/qmc-identifies-1-000-ppm-li-in-significant-soil-anomaly--e3063a6d-6e83-45f4-9e6b-cf65659ca766#fact-drill-facts-5) lithium Historical result Needs review: drill\_no\_hole\_id #### Identity - Commodity: lithium - Ticker: QMC #### Geometry - Grade: 2.97 - Grade Unit: % Li 2 O - Intercept: 1.22 m #### Classification - Sample Type: drill #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: Yes - Historical Source Date: 1979-01-01T00:00:00.000Z #### Dates - Event date: 2021-05-04T00:00:00.000Z Reasoning: Historical high-grade sub-interval within Central Dike. - Positive factor: bonanza grade sub-interval - Negative factor: historical data Evidence · text > including 2.97% Li 2 O over 1.22 metres ## 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.