QMC Quantum Selects Distinct Drilltargets Delineated From Geotech Air-Borne VTEM Survey, Rocky Lake Massive Sulphide Project,...
22 September 2011 - 6:15AM
Marketwired
QMC Quantum Minerals Corp. (TSX VENTURE: QMC) ("QMC" or the
"Company") is pleased to provide an update and announce results
from the Geotech air-borne VTEM plus Time Domain EM system ("VTEM")
performed on the Rocky Lake massive sulphide (Rocky Lake and
Rocky-Namew projects, Flin Flon district, Manitoba. As a result a
total of 22 drill hole locations were recommended on 13 distinct
target areas.
The projects are well situated in the mineral prolific region of
the province some 50 km North West of The Pas. And, the city of
Flin Flon with its smelter is 65 km to the north with the Namew
Lake Ni-Cu mine 1 km North West. The Pas - Flin Flon highway passes
14 km east of the property and the Hudson's Bay rail line is 15 km
to the East. The project is accessible the majority of the year by
4 wheel drive and year-round by al terrain vehicles (ATV).
Important infrastructure including human, goods, services and
supplies are all readily available.
The VTEM survey covered all the project licenses and claims for
a total of 2142 line kilometers with 160 metre line spacing over an
area of 316 square kilometers. Geotech's VTEM plus Time Domain EM
system has been shown to locate discrete conductive anomalies as
well as mapping lateral and vertical variations in resistivity.
These conductors could represent hidden volcanogenic massive
sulphide mineralized bodies at depth.
Results
Based on the analysis of EM anomaly picking, EM time-constant
(TAU) and resistivity depth imaging, twenty one (21) deep targets
were selected for Maxwell 2.5D plate modeling, as shown in the
attached figure. Maxwell 2.5D plate modeling provides quantitative
interpretations of conductors, using conductive plate(s) in a
non-conductive medium. It gives target location geometry and
conductivity parameters. Out of twenty one (21) targets selected
for modeling, fifteen (15) are classified as first priority
targets
QMC selected five of these priority targets recommended in the
Geotech report for test drilling the conductors. The Company has
made application for drill permits to the Manitoba Ministry of
Innovation, Energy and Mines. No previous work program has been
carried out in the target areas, except for the Rocky Lake Crone
Geophysics Pulse EM (PEM) survey Targets and historical drilling by
Hudson Bay Company on the main Rocky Lake Mineral Exploration
License 219A
Rocky Lake Project Description
QMC's Rocky Lake permitted property is 5,000 hectares and Jaln 1
Claim is 256 hectares. The adjacent surrounding areas are held as
the Rocky-Namew Project and cover 24,691 hectares. The Rocky Lake
Copper prospect was discovered in June of 1987, when airborne
geophysical surveys detected a 5 km. long conductor and further
ground EM surveys outlined a 1500 meter long conductor associated
with a magnetic high. Hudson Bay diamond drilled 10 NQ and BQ holes
totaling 2,292 meters in three programs; five in 1987, three in
1990 and two in 1991. This QMC cut a new grid over the Hudson Bay
anomaly and completed the Crone Pulse Domain Electromagnetic (PEM)
survey. The PEM survey delineated a very prominent conductor
anomaly shown in the attached figure.
The PEM survey anomaly suggests that some of the strongest
portions of the original Hudson Bay electromagnetic anomaly were
not adequately tested. The drilling appears to have been carried
out on the footwall side of the potential mineralized body, thereby
missing the main target. Copper mineralization intersected in the
Hudson Bay drilling is present as stringers and could represent
footwall stringer mineralization adding credence that the main
massive sulphide mineralized body may well have been missed. QMC
has received the necessary permits to drill the PEM conductor
anomalies. Total drilling is anticipated to be 2,500 meters and is
expected to begin in late September by a contracted drilling
company.
This news release was reviewed and approved by Mohan R.
Vulimiri, M.Sc., P.Geo, who is qualified person under the NI 43-101
guidelines and a director of the Company.
The Company is a British Columbia based company engaged in the
business of acquisition, exploration and development of mineral
properties in Canada. Its objective is to locate and develop
economic precious and base metals properties of merit and to
conduct its exploration program on its principal property, the
Rocky Lake Property and Rocky-Namew property.
To view the map associated with this press release, please click
on the following link:
http://media3.marketwire.com/docs/q921m.pdf
On behalf of the Board of Directors of QMC QUANTUM MINERALS
CORP.
Balraj Mann, President and Chief Executive Officer
This press release contains certain forward looking statements
which involve known and unknown risks, delays and uncertainties not
under the Company's control which may cause actual results,
performances or achievements of the Company to be materially
different from the results, performances or expectations implied by
these forward looking statements. This news release does not
constitute an offer to sell or a solicitation of an offer to buy
any of the securities in the United States.
The TSX Venture Exchange has not reviewed and does not accept
the responsibility for the adequacy or accuracy of this news
release.
Contacts: QMC Quantum Minerals Corp. Balraj Mann President and
Chief Executive Officer 604-601-2018 info@qmcminerals.com
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