# Quebec Precious Metals Intersects 22.9 m of Spodumene-Bearing Pegmatite in the First Drillhole of its Maiden Drilling Program on its 100 % Owned High-Grade Lithium Ninaaskumuwin Discovery, James Bay, Quebec

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/quebec-precious-metals-intersects-22-9-m-of-spodumene-bearing-pegmatite-in-the-f--9e992eb7-e03e-4aa6-9899-971045b63778

Original source: https://money.tmx.com/en/quote/QPM/news/6757080258690295/quebec-precious-metals-intersects-22-9-m-of-spodumene-bearing-pegmatite-in-the-f

Publisher: tmx

Original announcement: 2024-10-30T11:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Quebec Precious Metals Corporation

- Ticker: QPM

- Exchange: TSX

- Region: Quebec

- Primary commodity: Lithium

- Secondary commodities: None reported

- Document categories: Drill results

- Extracted: 2026-08-24 08:10:09 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

Quebec Precious Metals has reported encouraging visual results from its first drillhole \(EE24-001\) at the Ninaaskumuwin lithium project in Quebec. The hole intersected 22.9 metres of spodumene-bearing pegmatite with visually estimated spodumene content ranging from 3% to 50%.

Reasoning: The first drillhole of a maiden lithium program intersected a wide \(22.9m\) spodumene-bearing pegmatite, which is a significant discovery signal, though grades are currently visual rather than assayed.

- Positive factor: First drillhole of maiden program shows significant spodumene-bearing pegmatite

- Positive factor: Wide intercept of 22.9 m

- Positive factor: Visual spodumene content up to 50%

- Positive factor: QA/QC protocols disclosed

- Negative factor: Results are preliminary visual estimates, not certified assays

Facts used in scoring: 2

## 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 regular insertion of CRM standards, duplicates, and blanks.

Evidence · text

> The QAQC program includes regular insertion of CRM standards, duplicates, and blanks into the sample stream

**Step-Out Extension**

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Why it applies: The program aims to test extension at depth and along strike of a discovery outcrop.

Evidence · text

> The drilling campaign's main objective is to test the extension at depth and along the strike of the discovery outcrop

## Extracted facts

Stored fact records: 2. Some facts used in scoring do not have a stored record.

## Drill Results (2)

### EE24-001

[Link to this fact](https://atlas-staging.minestarters.com/news/quebec-precious-metals-intersects-22-9-m-of-spodumene-bearing-pegmatite-in-the-f--9e992eb7-e03e-4aa6-9899-971045b63778#fact-drill-facts-0)

Ninaaskumuwin · lithium

#### Identity

- Hole ID: EE24-001
- Project: Ninaaskumuwin
- Commodity: lithium
- Region: canada\_qc
- Reported Region: Quebec
- Ticker: QPM

#### Geometry

- Intercept: 22.9 m
- From: 127.95 m
- To: 150.85 m

#### Classification

- Program: exploration
- Sample Type: drill

#### Location

- Dip: -60 °

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, duplicates, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2024-10-30T00:00:00.000Z

Reasoning: Wide 22.9m intercept of spodumene-bearing pegmatite in the first hole of a maiden program.

- Positive factor: Wide intercept

- Positive factor: Maiden drilling success

- Negative factor: Visual estimate only

Evidence · text

> In the first hole of the campaign \(EE24-001\), an interval of 22.9 m \(from 127.95 to 150.85 m from surface, drilled at an angle of -60 degrees\) spodumene-bearing pegmatite was intersected

### EE24-001

[Link to this fact](https://atlas-staging.minestarters.com/news/quebec-precious-metals-intersects-22-9-m-of-spodumene-bearing-pegmatite-in-the-f--9e992eb7-e03e-4aa6-9899-971045b63778#fact-drill-facts-1)

Ninaaskumuwin · lithium

#### Identity

- Hole ID: EE24-001
- Project: Ninaaskumuwin
- Commodity: lithium
- Region: canada\_qc
- Reported Region: Quebec
- Ticker: QPM

#### Geometry

- Grade: 14
- Grade Unit: %
- Intercept: 11.64 m
- From: 134.98 m
- To: 146.62 m

#### Classification

- Sample Type: drill

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2024-10-30T00:00:00.000Z

Reasoning: Visual estimate of 14% spodumene over a specific sub-interval.

- Positive factor: High visual spodumene content

- Negative factor: Visual estimate

Evidence · text

> Drillhole EE24-001, core samples from 134.98 m to 146.62 m, visually estimated spodumene of 14%.

## 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.