# QMC'S Namew Lake District Similar To Lalor Mine Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/qmc-s-namew-lake-district-similar-to-lalor-mine--c2cd3415-ddb7-4905-b512-06b7d090a05e Original source: https://money.tmx.com/en/quote/QMC/news/5695179860147542/qmc-s-namew-lake-district-similar-to-lalor-mine Publisher: tmx Original announcement: 2020-11-03T13:30:00.000Z 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: Copper - Secondary commodities: Gold, Iron ore - Document categories: Drill results, Other - Extracted: 2026-08-24 08:26:11 UTC Narrative sentiment: 0.40 · Bullish ## Minestarters Atlas summary Quantum Minerals Corp. is developing an exploration program for its Namew Lake District VMS property in Manitoba. The company highlighted historical drill results from holes RL 12-5 and RL 11-2, which intersected copper mineralization, and noted 41 geophysical targets on the property. Reasoning: The release highlights historical drill results and geophysical targets to support an upcoming exploration program. While the grades are low, the presence of massive sulphides and significant geophysical targets provides a positive exploration signal for a VMS system. - Positive factor: visible chalcopyrite mineralization - Positive factor: massive sulphide intersection - Positive factor: geophysical targets identified - Negative factor: limited drilling to date - Negative factor: low grade intercepts Facts used in scoring: 3 ## Classification and evidence **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 a NI 43-101 report and a Qualified Person \(P. Geo\) review. Evidence · text > This NI43-101 report is available on SEDAR. **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: The project's value is heavily linked to its proximity and geological similarity to the Lalor and 777 mines. Evidence · text > District scale project with similar geology to the nearby HudBay's Lalor ## Extracted facts Stored fact records: 3. Some facts used in scoring do not have a stored record. ## Drill Results (3) ### RL 12-5 [Link to this fact](https://atlas-staging.minestarters.com/news/qmc-s-namew-lake-district-similar-to-lalor-mine--c2cd3415-ddb7-4905-b512-06b7d090a05e#fact-drill-facts-0) Namew Lake District Project · copper Historical result Needs review: historical\_restatement #### Identity - Hole ID: RL 12-5 - Project: Namew Lake District Project - Commodity: copper - Region: canada\_mb - Reported Region: Manitoba - Ticker: QMC #### Geometry - Grade: 0.48 - Grade Unit: % - Intercept: 10 m #### Classification - Sample Type: drill - Group ID: RL 12-5:0-10 - Mining Method: unknown #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2012-01-01T00:00:00.000Z #### Dates - Event date: 2020-11-03T00:00:00.000Z Reasoning: Intercept of 0.48% Cu over 10m in semi-massive sulphides. - Positive factor: semi-massive sulphide intersection Evidence · text > RL 12-5 cut a 10m thick, semi-massive sulphide intersection grading 0.48% Cu ### RL 12-5 [Link to this fact](https://atlas-staging.minestarters.com/news/qmc-s-namew-lake-district-similar-to-lalor-mine--c2cd3415-ddb7-4905-b512-06b7d090a05e#fact-drill-facts-1) Namew Lake District Project · copper Historical result Needs review: historical\_restatement #### Identity - Hole ID: RL 12-5 - Project: Namew Lake District Project - Commodity: copper - Region: canada\_mb - Reported Region: Manitoba - Ticker: QMC #### Geometry - Grade: 0.8 - Grade Unit: % - Intercept: 1 m #### Classification - Sample Type: drill - Group ID: RL 12-5:0-10 - Mining Method: unknown #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2012-01-01T00:00:00.000Z #### Dates - Event date: 2020-11-03T00:00:00.000Z Reasoning: High-grade sub-interval within the 10m intersection. - Positive factor: higher grade sub-interval Evidence · text > including 0.80% Cu over 1m ### RL 11-2 [Link to this fact](https://atlas-staging.minestarters.com/news/qmc-s-namew-lake-district-similar-to-lalor-mine--c2cd3415-ddb7-4905-b512-06b7d090a05e#fact-drill-facts-2) Namew Lake District Project · copper Historical result Needs review: historical\_restatement #### Identity - Hole ID: RL 11-2 - Project: Namew Lake District Project - Commodity: copper - Region: canada\_mb - Reported Region: Manitoba - Ticker: QMC #### Geometry - Grade: 0.26 - Grade Unit: % - Intercept: 0.3 m #### Classification - Sample Type: drill - Group ID: RL 11-2:0-0.3 - Mining Method: unknown #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2011-01-01T00:00:00.000Z #### Dates - Event date: 2020-11-03T00:00:00.000Z Reasoning: Narrow 0.3m intersection with low copper grade. - Positive factor: massive sulphide intersection - Negative factor: very narrow intercept - Negative factor: low grade Evidence · text > Assays returned grades of 0.26% copper over a 0.3m wide, semi-massive sulphide intersection ## 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.