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MONTREAL, QC / ACCESSWIRE / January 13, 2021 / Quebec Precious Metals Corporation ( QPM or the Company ) (TSXV:QPM)(OTCQB:CJCFF)(FSE:YXEP) is pleased to inform that it has received recently payments totalling $ 300,000 in connection wih the monetization of two non-core assets as follows:
Tansim lithium project - final payment of $250,000 in reference to the exercise of the second option by Sayona Mining Limited and Sayona Québec Inc. (collectively, Sayona Qc ) to acquire an additional undivided 50% interest in the project s mining rights forming part of the project. Sayona Qc now owns 100% interest in the project. In addition, Sayona has granted to QPM a 2% Net Smelter Return royalty on all payable metals from the mining rights; and
Fjordland Exploration Inc.: Fjordland Appoints Mark Gibson to the Board of Directors
Vancouver, British Columbia (Newsfile Corp. - January 12, 2021) -
FJORDLAND EXPLORATION INC. (TSXV: FEX) ( Fjordland or the Company ) is pleased to announce that Mr. Mark Gibson has agreed to join its board of directors as HPX s appointee. HPX currently owns 29% of Fjordland, and has the right to two board seats.
Mr. Gibson serves as the Chief Operating Officer of High Power Exploration (HPX), a privately owned US corporation led by CEO, Robert Friedland. In 2011, Mark was the founding CEO of HPX tasked with the job of commercializing the Typhoon geophysical transmitter developed by parent company, I-Pulse. He concurrently serves as the COO of Kaizen Discovery Inc. (TSXV: KZD - appointed in 2016) and Cordoba Minerals Corp. (TSXV: CDB - appointed 2017). Mark previously worked with Anglo American and was the founder of a geophysical service company focused on managing seismic surveys for the mini
Fjordland To Acquire Historic Renzy Nickel Copper Project, Quebec; Quebec Precious Metals Monetizes Non-Core Asset albuquerqueexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from albuquerqueexpress.com Daily Mail and Mail on Sunday newspapers.
Quebec Precious Metals Corporation: Fjordland To Acquire Historic Renzy Nickel Copper Project, Quebec; Quebec Precious Metals Monetizes Non-Core Asset
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Note: refer to Matamec s Press Release dated September 26, 2007 titled Matamec Doubles Mineral Resources at Vulcain
In 2008, Matamec drilled 40 short holes averaging 75 m targeting Induced Polarization ( IP ) anomalies and tested 6 of the 18 areas identified as geophysical target zones based on IP surveys. Results were not press released. The remaining 12 areas have had no exploration conducted over them.
Exploration Potential
The original mineral emplacement model suggested that all mineralization would be near surface. As a result, only shallow targets were explored. Drilling campaigns occurred in 1956, 2005 and 2008. The mid-20th century holes were conducted with AX and EX diameter (approx. 1 ) drill holes down to approximately 32 m as an exploration tool. The later programs targeted the original pit area and certain oth