QMC Reports Lithium Assay Results to 2.79% Li2O from Mapetre, Central and Irgon West Dikes

Original announcement by tmx on

Company
Quantum Minerals Corp.
Ticker
QMC
Exchange
TSX
Region
Manitoba
Primary commodity
Lithium
Secondary commodities
Tantalum, Rubidium, Cesium
Document categories
Drill results, Other
Extracted
2026-08-24 08:32:33 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

QMC has reported significant lithium assay results from surface chip and grab sampling of the Mapetre, Central, and Irgon West dikes at the Irgon Lithium Mine Project. The samples yielded lithium oxide grades as high as 2.79%, demonstrating the potential for additional tonnage within the property.

Reasoning: Strong lithium grades (up to 2.79% Li2O) from surface sampling of new pegmatite dikes, providing potential for tonnage expansion.

Positive factors

  • High lithium grades in surface samples
  • Discovery of additional spodumene-bearing dikes
  • QA/QC disclosed with SGS laboratory

Negative factors

  • Surface sampling only (chip/grab)
  • Historical resource estimate mentioned but not part of new results

Facts used in scoring: 12

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 analysis at SGS Laboratory, Lakefield Ontario using sodium peroxide fusion and ICP-AES/ICP-MS.

Evidence · text

“All samples were analyzed at SGS Laboratory, Lakefield Ontario.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The results are from surface chip and grab sampling, not drilling.

Evidence · text

“recent surface sampling of three of these large, secondary, spodumene-bearing pegmatite dikes”

Extracted facts

Stored fact records: 12. Some facts used in scoring do not have a stored record.

Drill Results (12)

Fact 1lithiumGrade: 2.47Grade Unit: % Li2OIntercept: 1.5 mView all details
Link to this fact

Identity

Commodity
lithium
Ticker
QMC

Geometry

Grade
2.47
Grade Unit
% Li2O
Intercept
1.5 m
From
0 m
To
1.5 m

Classification

Sample Type
surface

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2019-04-24T00:00:00.000Z

Reasoning: 2.47% Li2O is a strong grade for lithium pegmatite surface sampling.

Positive factors

  • Exceptional lithium grade

Negative factors

  • Surface sample only

Evidence · table

“2.47”

Context: 1.5

Fact 2lithiumGrade: 0.093Grade Unit: % Li2OIntercept: 1.22 mView all details
Link to this fact

Identity

Commodity
lithium
Ticker
QMC

Geometry

Grade
0.093
Grade Unit
% Li2O
Intercept
1.22 m
From
1.5 m
To
2.72 m

Classification

Sample Type
surface

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2019-04-24T00:00:00.000Z

Reasoning: 0.093% Li2O is below economic thresholds for spodumene pegmatites.

Negative factors

  • Low grade

Evidence · table

“0.093”

Context: 1.22

Fact 3lithiumGrade: 1.42Grade Unit: % Li2OIntercept: 1.4 mView all details
Link to this fact

Identity

Commodity
lithium
Ticker
QMC

Geometry

Grade
1.42
Grade Unit
% Li2O
Intercept
1.4 m
From
0 m
To
1.4 m

Classification

Sample Type
surface

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2019-04-24T00:00:00.000Z

Reasoning: 1.42% Li2O is a respectable grade for surface sampling.

Positive factors

  • Solid lithium grade

Evidence · table

“1.42”

Context: 1.4

Fact 4lithiumGrade: 0.042Grade Unit: % Li2OIntercept: 1.8 mView all details
Link to this fact

Identity

Commodity
lithium
Ticker
QMC

Geometry

Grade
0.042
Grade Unit
% Li2O
Intercept
1.8 m
From
1.4 m
To
3.2 m

Classification

Sample Type
surface

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2019-04-24T00:00:00.000Z

Reasoning: 0.042% Li2O is very low grade.

Negative factors

  • Low grade

Evidence · table

“0.042”

Context: 1.8

Fact 5lithiumGrade: 0.533Grade Unit: % Li2OIntercept: 2 mView all details
Link to this fact

Identity

Commodity
lithium
Ticker
QMC

Geometry

Grade
0.533
Grade Unit
% Li2O
Intercept
2 m
From
3.2 m
To
5.2 m

Classification

Sample Type
surface

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2019-04-24T00:00:00.000Z

Reasoning: Moderate lithium grade.

Evidence · table

“0.533”

Context: 2.0

Fact 6lithiumGrade: 1.13Grade Unit: % Li2OIntercept: 2.9 mView all details
Link to this fact

Identity

Commodity
lithium
Ticker
QMC

Geometry

Grade
1.13
Grade Unit
% Li2O
Intercept
2.9 m
From
0 m
To
2.9 m

Classification

Sample Type
surface

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2019-04-24T00:00:00.000Z

Reasoning: Good lithium grade.

Evidence · table

“1.13”

Context: 2.9

Fact 7lithiumGrade: 2.34Grade Unit: % Li2OIntercept: 4.1 mView all details
Link to this fact

Identity

Commodity
lithium
Ticker
QMC

Geometry

Grade
2.34
Grade Unit
% Li2O
Intercept
4.1 m
From
2.9 m
To
7 m

Classification

Sample Type
surface

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2019-04-24T00:00:00.000Z

Reasoning: 2.34% Li2O is a high grade for surface sampling.

Positive factors

  • Strong lithium grade

Evidence · table

“2.34”

Context: 4.1

Fact 8lithiumGrade: 2.79Grade Unit: % Li2OIntercept: 7 mView all details
Link to this fact

Identity

Commodity
lithium
Ticker
QMC

Geometry

Grade
2.79
Grade Unit
% Li2O
Intercept
7 m
From
0 m
To
7 m

Classification

Sample Type
surface

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2019-04-24T00:00:00.000Z

Reasoning: 2.79% Li2O is an exceptional grade for surface sampling.

Positive factors

  • Exceptional lithium grade

Evidence · table

“2.79”

Context: 7.0

Fact 9lithiumGrade: 2.47Grade Unit: % Li2OIntercept: 5 mView all details
Link to this fact

Identity

Commodity
lithium
Ticker
QMC

Geometry

Grade
2.47
Grade Unit
% Li2O
Intercept
5 m
From
7 m
To
12 m

Classification

Sample Type
surface

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2019-04-24T00:00:00.000Z

Reasoning: 2.47% Li2O is a strong grade.

Positive factors

  • Strong lithium grade

Evidence · table

“2.47”

Context: 5.0

Fact 10lithiumGrade: 2.51Grade Unit: % Li2OIntercept: 5 mView all details
Link to this fact

Identity

Commodity
lithium
Ticker
QMC

Geometry

Grade
2.51
Grade Unit
% Li2O
Intercept
5 m
From
12 m
To
17 m

Classification

Sample Type
surface

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2019-04-24T00:00:00.000Z

Reasoning: 2.51% Li2O is a strong grade.

Positive factors

  • Strong lithium grade

Evidence · table

“2.51”

Context: 5.0

Fact 11lithiumGrade: 1.8Grade Unit: % Li2OView all details
Link to this fact

Identity

Commodity
lithium
Ticker
QMC

Geometry

Grade
1.8
Grade Unit
% Li2O

Classification

Sample Type
surface

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2019-04-24T00:00:00.000Z

Reasoning: 1.8% Li2O is a good grade for a grab sample.

Evidence · table

“1.80”

Context: N/A

Fact 12lithiumGrade: 2.52Grade Unit: % Li2OView all details
Link to this fact

Identity

Commodity
lithium
Ticker
QMC

Geometry

Grade
2.52
Grade Unit
% Li2O

Classification

Sample Type
surface

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2019-04-24T00:00:00.000Z

Reasoning: 2.52% Li2O is a strong grade for a grab sample.

Positive factors

  • Strong lithium grade

Evidence · table

“2.52”

Context: N/A

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.