# Quebec Precious Metals Reports Consistent +20 m Thick Spodumene-Bearing Pegmatite Up to 150 m Deep from Its Maiden Drilling Program on its 100%-owned Lithium Ninaaskumuwin Discovery, James Bay, Quebec

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/quebec-precious-metals-reports-consistent-20-m-thick-spodumene-bearing-pegmatite--a92defa4-2a8e-4006-8165-122e3e6a956a

Original source: https://money.tmx.com/en/quote/QPM/news/5110432853049652/quebec-precious-metals-reports-consistent-20-m-thick-spodumene-bearing-pegmatite

Publisher: tmx

Original announcement: 2024-11-26T12:00:00.000Z

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, Other

- Extracted: 2026-08-24 08:13:24 UTC

Narrative sentiment: 0.60 · Bullish

## Minestarters Atlas summary

Quebec Precious Metals has completed its maiden drilling program at the Ninaaskumuwin lithium discovery in Quebec, intersecting consistent pegmatite widths exceeding 20 metres. The program visually identified spodumene concentrations between 3% and 50%, confirming vertical continuity to 150m depth.

Reasoning: Maiden drilling program successfully intersected consistent +20m thick spodumene-bearing pegmatite, demonstrating significant discovery potential, though formal assay values are still pending.

- Positive factor: maiden drilling program

- Positive factor: consistent +20 m thick intercepts

- Positive factor: visual spodumene 3-50%

- Positive factor: vertical continuity up to 150 m

- Negative factor: assay results pending

Facts used in scoring: 8

## 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: Release mentions regular insertion of CRM standards, duplicates, and blanks.

Evidence · text

> The QAQC program includes regular insertion of CRM standards, duplicates, and blanks

**Maiden Resource**

Polarity: neutral

Story-specific tag

Definition: First formal MRE for the project — establishes baseline but typically exploration-stage with high Inferred component.

Why it applies: This is the first drill program for the Ninaaskumuwin discovery.

Evidence · text

> recently completed the maiden drilling campaign

## Extracted facts

Stored fact records: 8. Some facts used in scoring do not have a stored record.

## Drill Results (8)

### EE24-001

[Link to this fact](https://atlas-staging.minestarters.com/news/quebec-precious-metals-reports-consistent-20-m-thick-spodumene-bearing-pegmatite--a92defa4-2a8e-4006-8165-122e3e6a956a#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
- Hole Depth: 165.11 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: EE24-001:127.95-150.85
- Mining Method: unknown

#### Location

- Easting: 342766.2
- Northing: 5827997
- Azimuth: 140 °
- Dip: -60 °
- Loc. Confidence: high

#### 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: 2024-11-26T00:00:00.000Z

Reasoning: Intercepts consistent with discovery highlights, but grade is visually estimated and assays are pending.

- Positive factor: consistent width

- Negative factor: assay pending

Evidence · table

> 22.90

Context: 127.95

### EE24-002

[Link to this fact](https://atlas-staging.minestarters.com/news/quebec-precious-metals-reports-consistent-20-m-thick-spodumene-bearing-pegmatite--a92defa4-2a8e-4006-8165-122e3e6a956a#fact-drill-facts-1)

Ninaaskumuwin · lithium

#### Identity

- Hole ID: EE24-002
- Project: Ninaaskumuwin
- Commodity: lithium
- Region: canada\_qc
- Reported Region: Quebec
- Ticker: QPM

#### Geometry

- Intercept: 22.48 m
- From: 72.8 m
- To: 95.28 m
- Hole Depth: 125.85 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: EE24-002:72.8-95.28
- Mining Method: unknown

#### Location

- Easting: 342839.3
- Northing: 5827977
- Azimuth: 140 °
- Dip: -55 °
- Loc. Confidence: high

#### 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: 2024-11-26T00:00:00.000Z

Reasoning: Intercepts consistent with discovery highlights, but grade is visually estimated and assays are pending.

- Positive factor: consistent width

- Negative factor: assay pending

Evidence · table

> 22.48

Context: 72.80

### EE24-003

[Link to this fact](https://atlas-staging.minestarters.com/news/quebec-precious-metals-reports-consistent-20-m-thick-spodumene-bearing-pegmatite--a92defa4-2a8e-4006-8165-122e3e6a956a#fact-drill-facts-2)

Ninaaskumuwin · lithium

#### Identity

- Hole ID: EE24-003
- Project: Ninaaskumuwin
- Commodity: lithium
- Region: canada\_qc
- Reported Region: Quebec
- Ticker: QPM

#### Geometry

- Intercept: 32.35 m
- From: 88.6 m
- To: 120.95 m
- Hole Depth: 140.92 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: EE24-003:88.6-120.95
- Mining Method: unknown

#### Location

- Easting: 342839.8
- Northing: 5827978
- Azimuth: 140 °
- Dip: -75 °
- Loc. Confidence: high

#### 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: 2024-11-26T00:00:00.000Z

Reasoning: Strong width intercept in maiden program.

- Positive factor: thick intercept

- Negative factor: assay pending

Evidence · table

> 32.35

Context: 88.60

### EE24-004

[Link to this fact](https://atlas-staging.minestarters.com/news/quebec-precious-metals-reports-consistent-20-m-thick-spodumene-bearing-pegmatite--a92defa4-2a8e-4006-8165-122e3e6a956a#fact-drill-facts-3)

Ninaaskumuwin · lithium

#### Identity

- Hole ID: EE24-004
- Project: Ninaaskumuwin
- Commodity: lithium
- Region: canada\_qc
- Reported Region: Quebec
- Ticker: QPM

#### Geometry

- Intercept: 3.93 m
- From: 100.72 m
- To: 104.65 m
- Hole Depth: 191.82 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: EE24-004:100.72-104.65
- Mining Method: unknown

#### Location

- Easting: 342974.9
- Northing: 5828041
- Azimuth: 140 °
- Dip: -60 °
- Loc. Confidence: high

#### 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: 2024-11-26T00:00:00.000Z

Reasoning: Narrow intercept compared to main discovery hits.

- Negative factor: narrow width

Evidence · table

> 3.93

Context: 100.72

### EE24-004

[Link to this fact](https://atlas-staging.minestarters.com/news/quebec-precious-metals-reports-consistent-20-m-thick-spodumene-bearing-pegmatite--a92defa4-2a8e-4006-8165-122e3e6a956a#fact-drill-facts-4)

Ninaaskumuwin · lithium

#### Identity

- Hole ID: EE24-004
- Project: Ninaaskumuwin
- Commodity: lithium
- Region: canada\_qc
- Reported Region: Quebec
- Ticker: QPM

#### Geometry

- Intercept: 3.7 m
- From: 122 m
- To: 125.7 m
- Hole Depth: 191.82 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: EE24-004:122.0-125.7
- Mining Method: unknown

#### Location

- Easting: 342974.9
- Northing: 5828041
- Azimuth: 140 °
- Dip: -60 °
- Loc. Confidence: high

#### 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: 2024-11-26T00:00:00.000Z

Reasoning: Narrow intercept.

- Negative factor: narrow width

Evidence · table

> 3.70

Context: 122.00

### EE24-004

[Link to this fact](https://atlas-staging.minestarters.com/news/quebec-precious-metals-reports-consistent-20-m-thick-spodumene-bearing-pegmatite--a92defa4-2a8e-4006-8165-122e3e6a956a#fact-drill-facts-5)

Ninaaskumuwin · lithium

#### Identity

- Hole ID: EE24-004
- Project: Ninaaskumuwin
- Commodity: lithium
- Region: canada\_qc
- Reported Region: Quebec
- Ticker: QPM

#### Geometry

- Intercept: 3.7 m
- From: 144.05 m
- To: 147.75 m
- Hole Depth: 191.82 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: EE24-004:144.05-147.75
- Mining Method: unknown

#### Location

- Easting: 342974.9
- Northing: 5828041
- Azimuth: 140 °
- Dip: -60 °
- Loc. Confidence: high

#### 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: 2024-11-26T00:00:00.000Z

Reasoning: Narrow intercept.

- Negative factor: narrow width

Evidence · table

> 3.70

Context: 144.05

### EE24-005

[Link to this fact](https://atlas-staging.minestarters.com/news/quebec-precious-metals-reports-consistent-20-m-thick-spodumene-bearing-pegmatite--a92defa4-2a8e-4006-8165-122e3e6a956a#fact-drill-facts-6)

Ninaaskumuwin · lithium

#### Identity

- Hole ID: EE24-005
- Project: Ninaaskumuwin
- Commodity: lithium
- Region: canada\_qc
- Reported Region: Quebec
- Ticker: QPM

#### Geometry

- Intercept: 0.1 m
- From: 100.82 m
- To: 100.92 m
- Hole Depth: 201 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: EE24-005:100.82-100.92
- Mining Method: unknown

#### Location

- Easting: 342931.6
- Northing: 5828022
- Azimuth: 140 °
- Dip: -60 °
- Loc. Confidence: high

#### 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: 2024-11-26T00:00:00.000Z

Reasoning: Extremely narrow intercept.

- Negative factor: negligible width

Evidence · table

> 0.10

Context: 100.82

### EE24-005

[Link to this fact](https://atlas-staging.minestarters.com/news/quebec-precious-metals-reports-consistent-20-m-thick-spodumene-bearing-pegmatite--a92defa4-2a8e-4006-8165-122e3e6a956a#fact-drill-facts-7)

Ninaaskumuwin · lithium

#### Identity

- Hole ID: EE24-005
- Project: Ninaaskumuwin
- Commodity: lithium
- Region: canada\_qc
- Reported Region: Quebec
- Ticker: QPM

#### Geometry

- Intercept: 0.44 m
- From: 103.37 m
- To: 103.81 m
- Hole Depth: 201 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: EE24-005:103.37-103.81
- Mining Method: unknown

#### Location

- Easting: 342931.6
- Northing: 5828022
- Azimuth: 140 °
- Dip: -60 °
- Loc. Confidence: high

#### 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: 2024-11-26T00:00:00.000Z

Reasoning: Narrow intercept.

- Negative factor: narrow width

Evidence · table

> 0.44

Context: 103.37

## 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.
