Last C$0.11 CAD
Change Today -0.01 / -8.33%
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qmc quantum minerals corp (QMC) Snapshot

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Previous Close
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52 Week High
05/30/12 - C$0.25
52 Week Low
05/1/13 - C$0.08
Market Cap
2.8M
Average Volume 10 Days
6.0K
EPS TTM
--
Shares Outstanding
25.8M
EX-Date
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P/E TM
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qmc quantum minerals corp (QMC) Details

QMC Quantum Minerals Corp. engages in the acquisition, exploration, and development of mineral properties in Canada. The company primarily explores for copper, zinc, gold, and precious and base metals, as well as rare earth elements. It holds interests in mineral exploration properties located in Manitoba, Canada, including the Rocky Lake Property, the Rocky-Namew Property, the Namew Lake Property, the Carrot River Property, and the Cinder Lake Property; and the Mugaha Property in MacKenzie, British Columbia. The company was incorporated in 2003 and is headquartered in Vancouver, Canada.

Founded in 2003

qmc quantum minerals corp (QMC) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: --
Chief Financial Officer
Total Annual Compensation: --
Compensation as of Fiscal Year 2011.

qmc quantum minerals corp (QMC) Key Developments

QMC Quantum Minerals Corp Provides Update on Rocky Lake VMS Project

QMC Quantum Minerals Corp. provided update on Rocky Lake VMS Project. The updated review of the recent work conducted in 2010-2012 and the recommendation to further investigate the potential of the 55,352 hectare Rocky Lake VMS Project as an economic mineral resource. Drill holes RL 12-5 and RL 11-2 have been successful in the discovery of some of the most significant mineralization on the Rocky Lake property. One intersection of approximately 10 meters of semi-massive sulphide within RL 12-5, which is 150 meters along strike from drill hole RL 11-3 and 300 meters from RL 11-2, ends within a significant intersection of massive sulphides. To further investigate the Rocky Lake VMS Project as an economic mineral resource, a two phase work program has been recommended by Garth Kirkham for 2013-2014 including 2,500 meters of diamond drilling in phase one and 3,500 meters in phase two; a program with specific focus on the high grade massive sulphide bed on the Rocky Lake property in addition to drilling on select targets from the 41 geophysics targets identified.

QMC Quantum Minerals Corp. Announces the Resignation of Ian Laurent as Director

On January 3, 2013 QMC Quantum Minerals Corp. announced that Ian Laurent has resigned as a director of the company effective December 31, 2012.

QMC Quantum Minerals Corp. Provides Updates on Mugaha Gold Property

QMC Quantum Minerals Corp. announced that work has commenced on the Mugaha Gold property for helicopter supported systematic trenching and sampling. The trenching will be carried out with a portable small mini-backhoe (CANDIG model 21) and will cover the 25 gold-in-soil anomalies to define the bed-rock source. The uniqueness of this back-hoe is the minimal impact for land disturbance and timely reclamation. The Mugaha property consists of 12 MTO claims aggregating 5,502 hectares and is located 15 km. north of the town of Mackenzie and roughly 160 km. by road north of the city of Prince George, B.C. Access and infrastructure are good with the western part of the property being road accessible. The town of Mackenzie has most services including an airport and contract helicopter availability. The property is heavily forested except for a few logged areas. Topography is moderate and exploration work can be carried out between May and October. Gold mineralization was discovered on the property in 2006 by Wealth Minerals after several years of extensive exploration of geological mapping, prospecting and geochemical surveys. Hand trenching outlined a number of mineralized quartz veins and veinlets in sheared and faulted slate and siltstone. Several veins and veinlets were outlined and could be traced intermittently for about 120 meters along strike and remain open in both directions. Gold values are highly erratic and metallic screening analyses indicate that a significant amount of the values occur as free gold. Mineralized veins are generally sheared and highly fractured and contain sporadic pyrite and base metal sulfides. Eight of 13 trenches cut mineralized quartz veins and values ranged from less that 1 g/t gold over 1.0 meter to a maximum of 139.1 g/t gold over 1.0 meter. Other significant values obtained in the trenching are 2.97 g/t, 4.19 g/t, 3.11 g/t, 6.94 g/t and 14.81 g/t over 1.0 meter widths respectively and grab samples assaying up to 111.71 g/t and 22.81 g/t from six trenches. The property is underlain by weakly metamorphosed and complexly deformed rocks of the Upper Proterozoic Misinchinka Group. The Misinchinka Group consists of a thick monotonous sequence of siliciclastic and lesser carbonate rocks of turbidite affinity deposited on the western margin of ancestral North America.

 

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