release031921st Sector Newswire - ST.C

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Sector:  Mining, Base Metals, Technology   :

 

News Release -  October 13, 2023 5:23 PM ET    - Editorial Release

 

 

QI Materials Procures OptiSim Mining Solutions for Engineering and Production Services on River Valley Silica Project, and Receives Permit to Expand Work at Charlevoix

 

NEW YORK, NY, October 13, 2023 /Sector Newswire/ -- Québec Innovative Materials Corp. (CSE: QIMC) (Frankfurt: 7FJ) (a.k.a. QI Materials) this week announced that it has procured OptiSim Mining Solutions to assist in advancing the recently acquired River Valley Silica Project inOntario. This news falls on the heels of an announcement that QI Materials has received a permit to further expand work on its high grade on surface Charlevoix Silica Project in Québec.

 

QIMC is also the subject of a Mining MarketWatch Journal review, full copy of which may be viewed at https://miningmarketwatch.net/qimc.htm online.

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Excerpt Copy of the Journal review:

 

Over the coming months QIMC will continue to provide silica feed from its Charlevoix project in Québec to various industry participants, while it juxtaposes development efforts to ready the River Valley project in Ontario and the new Charlevoix discovery zones. The new discovery zones 3, 4, & 5 at Charlevoix are preferable (over the established Zone 1 & 2) as they are higher purity and are confirmed without permitting issues, 100% outside any hunting & fishing zec. Property zones will be stripped clean and various surveys conducted as needed with the intention of going operational. This October-2023 QI Materials announced that it has received a permit to further expand work on its high grade on surface Charlevoix Silica Project. It was an 8 month process and further expands the capacity to deliver even more high-grade material. This permitting is in line with the Québec government’s green supply chain strategy, and expands the QIMC’s operations and ability to deliver even more high-grade silica to clients who have been eagerly waiting for this.

 

Demand for reliable high-purity quartz/silica feed is increasingly critical for companies such as nearby Montreal-based HPQ Silicon Inc. which is developing several new advanced silicon innovation processes that will drive the future (see related news release "QI Materials Delivers Additional Samples to HPQ Silicon Inc." and "QIMC Contributes to HPQ Silicon Battery Initiative", among others), such as GM and Ford which are building new EV battery plants nearby (next gen lithium silicon anode batteries offer improved performance and capacity), such as solar panel glass manufactures and a myriad of other applications (ceramics, building materials, foundry and metals, coatings and polymers, chemicals, filtration and absorbents, etc.). CSE:QIMC is set for upside share price revaluation to better reflect its strategic positioning, able to provide crucial feed. Of particular note is the October 11, 2023 joint press release from HPQ Silicon and Pyrogenesis entitled "Successful Silicon Pour and Validation of All Critical Milestones in HPQ PUREVAP™ GEN3 QRR Testing" confirming continuous pour at scale of 2N+ silicon and achieving one-step 3N+ battery-grade silicon -- this technology is the future of silicon production.

 

QI Materials has also prioritized its recently acquired 100%-owned River Valley Silica Property, 65 Km northeast of Sudbury Ontario, to be advanced toward fast-track production (see related October 11, 2023 news release "QI Materials Procures OptiSim Mining Solutions for Engineering and Production Services"). River Valley has no permitting issues, it hosts a substantial quarryable body of 98% - 99.9+% pure SiO2 proximal roads and rail infrastructure. An overview of two key silica projects belonging to QIMC (1-River Valley, 2-Charlevoix in Québec) may be viewed further below in this article. ...

...Full copy may be viewed at https://miningmarketwatch.net/qimc.htm online.

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Copy of October 11, 2023 Company News Release:

 

QI Materials Procures OptiSim Mining Solutions for Engineering and Production Services

 

Lachute, Québec--(Newsfile Corp. - October 11, 2023) - Québec Innovative Materials Corp. (CSE: QIMC) (FSE: 7FJ) ("Qi Materials", "QIMC", or the "Company") is pleased to announce that it has procured OptiSim Mining Solutions ("OptiSim") of Sudbury, Ontario. OptiSim's mandate is to assist in advancing the recently acquired River Valley Silica Project as the Company progresses towards high-grade silica production.
 

OptiSim will be assisting Qi Materials on a range of engineering tasks with the aim of accelerating production at the River Valley Silica Project. The scope of OptiSim's services is anticipated to include but is not limited to, assistance with permitting for the various stages of exploration, development, and production, geotechnical drilling program design, and quarry/production design. The recently acquired River Valley Silica Project holds a substantial, highly pure quartz vein with historical reports indicating notable dimensions and purity levels ranging from 98-99.9%. Qi Materials has mobilized a crew and is progressing through the exploration and development stages (see September 14, 2023 News Release).

 

OptiSim has a team of qualified engineering professionals led by Principal Engineer Dr. Eugene Ben-Awuah, a registered professional mining engineer with extensive experience in Canada, Australia, and Ghana. He is an Associate Professor at the School of Engineering and Computer Science at Laurentian University in Sudbury, Ontario. He is the IAMGOLD research fellow in open pit mining, and a member of the Canadian Institute of Mining, Metallurgy, and Petroleum ("CIM"), the Mining Optimization Laboratory ("MOL"), and the West African Institute of Mining, Metallurgy and Petroleum ("WAIMM"). He holds a M.Sc. from the University of Mines and Technology and a PhD from the University of Alberta School of Mining and Petroleum Engineering.

 

"We are very excited to be bringing on OptiSim as part of the team as we believe their expertise is exactly what we need to move this project forward," stated Raymond Wladichuk, P.Geo., CEO of Qi Materials Corp.

Qualified Person

 

Raymond Wladichuk, P.Geo., (OGQ permit number: 02287, PGO license number: 3526), is the CEO of Québec Innovative Materials Corp., and a Qualified Person for National Instrument 43-101 – Standards for Disclosure of Mineral Projects, has reviewed and approved the scientific and technical information contained in the news release.

 

Please be advised that a qualified person has not completed sufficient work to classify any mineral resources as defined by National Instrument (NI) 43-101; it is therefore uncertain if future exploration will result in the delineation of mineral resources.

About High Purity Quartz

 

Highly pure quartz (SiO2) plays a pivotal role in two critical technologies shaping the future: solar panels and lithium silicon anode batteries. In the realm of renewable energy, quartz is the raw feed source of silicon metal (Si), a fundamental component in producing high-efficiency solar panels. Beyond solar panels, silicon metal is also a promising ingredient in lithium silicon anode batteries, offering the potential for increased energy storage capacity and improved battery performance, underscoring the indispensable role of quartz in advancing sustainable energy and cutting-edge technology. Furthermore, quartz-derived silicon has gained significant strategic importance, recently earning a place on the USA's strategic mineral list.
 
About Québec Innovative Materials Corp.

 

Québec Innovative Materials Corp. (CSE: QIMC) (previously Québec Silica Resources Corp.) is a mineral exploration, and development company with a portfolio of natural resource assets including high grade silica, hydrogen, and helium properties. QIMC is working toward becoming a sustainable supplier of resources which are essential in advanced batteries and the electrification of the green economy. The Company has a 100% interest in the Charlevoix Silica Project, near Clermont, Québec, Canada, and the River Valley Silica Project, near Sudbury, Ontario, as well as other mineral properties in Québec. The Company also performs pilot processing on industrial minerals, refining processes to create custom products.

Additional information on Québec Innovative Materials Corp.is available at www.qimaterials.com.

On Behalf of the Board of Directors,

QUÉBEC INNOVATIVE MATERIALS CORP.

"Raymond Wladichuk, P.Geo."
Chief Executive Officer

For further information, please contact:
Investor Relations
Tel: +1 (514) 358-8840
Email: info@qimaterials.com

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the CSE policies) accepts responsibility for the adequacy or accuracy of this news release and has neither approved nor disapproved the contents of this news release.
 
Forward-Looking Statements

 

This news release contains statements that constitute "forward-looking statements". Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause Québec Innovative Materials' actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "potential" and similar expressions, or that events or conditions "will," "would," "may," "could" or "should" occur.

 

Although Québec Innovative Materials believes the forward-looking information contained in this news release is reasonable based on information available on the date hereof, by their nature, forward-looking statements involve assumptions, known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements.

 

Examples of such assumptions, risks and uncertainties include, without limitation, assumptions, risks and uncertainties associated with general economic conditions; the Covid-19 pandemic; adverse industry events; future legislative and regulatory developments in the mining sector; the Company's ability to access sufficient capital from internal and external sources, and/or inability to access sufficient capital on favorable terms; mining industry and markets in Canada and generally; the ability of Québec Innovative Materials Corp. to implement its business strategies; competition; and other assumptions, risks and uncertainties.

 

The forward-looking information contained in this news release represents the expectations of the Company as of the date of this news release and, accordingly, is subject to change after such date. Readers should not place undue importance on forward-looking information and should not rely upon this information as of any other date. While the Company may elect to, it does not undertake to update this information at any particular time except as required in accordance with applicable laws.

 

 ...click here for full copy of news release from source

 

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Copy of October 4, 2023 Company News Release:

 

QI Materials Receives Permit to Expand Work at Charlevoix

 

Lachute, Québec--(Newsfile Corp. - October 4, 2023) - Québec Innovative Materials Corp. (CSE: QIMC) (FSE: 7FJ) ("Qi Materials", "QIMC", or the "Company") is pleased announce that it has received a permit to further expand work on its high grade on surface Charlevoix Silica Project.
 

Qi Materials has received a permit from the Québec Ministère des Forêts, de la Faune et des Parcs (Ministry of Forests, Wildlife, and Parks). This permit allows Qi Materials to move forward with mechanical works such as drilling and excavating.

 

"This is in line with the province of Québec's vision and strategy of becoming a leader in the supply and manufacturing of green energy metals and EV batteries. The supply of high-grade silica is at the base of all that supply chain. This also allows Qi Materials to continue with deliveries of high purity quartz materials to our strategic partners like HPQ Silicon Inc," stated John Karagiannidis, Chairman of Qi Materials.

 

"This is a significant step forward for us as it allows us to ramp up our exploration efforts. We believe that our vision of maintaining a small footprint and by doing things with the environment in mind was key to Qi Materials obtaining this permit," stated Raymond Wladichuk, P.Geo., CEO of Qi Materials Corp.
 
About High Purity Quartz

 

High purity quartz (SiO2) plays a pivotal role in two critical technologies shaping the future: solar panels and lithium silicon anode batteries. In the realm of renewable energy, quartz is the raw feed source of silicon metal (Si), a fundamental component in producing high-efficiency solar panels. Beyond solar panels, silicon metal is also a promising ingredient in lithium silicon anode batteries, offering the potential for increased energy storage capacity and improved battery performance, underscoring the indispensable role of quartz in advancing sustainable energy and cutting-edge technology. Furthermore, quartz-derived silicon has gained significant strategic importance, recently earning a place on the USA's strategic mineral list.

About Québec Innovative Materials Corp.

 

Québec Innovative Materials Corp. (CSE: QIMC) (previously Québec Silica Resources Corp.) is a mineral exploration, and development company with a portfolio of natural resource assets including high grade silica, hydrogen, and helium properties. QIMC is working toward becoming a sustainable supplier of resources which are essential in advanced batteries and the electrification of the green economy. The Company has a 100% interest in the Charlevoix Silica Project, near Clermont, Québec, Canada, the River Valley Silica Project, near Sudbury, Ontario, as well as other mineral properties in Quebec. The Company also performs pilot processing on industrial minerals, refining processes to create custom products.

Qualified Person

 

Raymond Wladichuk, P.Geo., (OGQ permit number: 02287, PGO license number: 3526), is the CEO of Québec Innovative Materials Corp., and a Qualified Person for National Instrument 43-101 - Standards for Disclosure of Mineral Projects, approves the scientific and technical information contained in the news release.

Additional information on Québec Innovative Materials Corp.is available at www.qimaterials.com

On Behalf of the Board of Directors,

QUÉBEC INNOVATIVE MATERIALS CORP.

"Raymond Wladichuk, P.Geo."
Chief Executive Officer

For further information, please contact:
Investor Relations
Tel: +1 (514) 358-8840
Email: info@qimaterials.com

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the CSE policies) accepts responsibility for the adequacy or accuracy of this news release and has neither approved nor disapproved the contents of this news release.
 
Forward-Looking Statements

 

This news release contains statements that constitute "forward-looking statements". Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause Québec Innovative Materials' actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "potential" and similar expressions, or that events or conditions "will," "would," "may," "could" or "should" occur.
 

Although Québec Innovative Materials believes the forward-looking information contained in this news release is reasonable based on information available on the date hereof, by their nature, forward-looking statements involve assumptions, known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements.

 

Examples of such assumptions, risks and uncertainties include, without limitation, assumptions, risks and uncertainties associated with general economic conditions; the Covid-19 pandemic; adverse industry events; future legislative and regulatory developments in the mining sector; the Company's ability to access sufficient capital from internal and external sources, and/or inability to access sufficient capital on favorable terms; mining industry and markets in Canada and generally; the ability of Québec Innovative Materials Corp. to implement its business strategies; competition; and other assumptions, risks and uncertainties.

 

The forward-looking information contained in this news release represents the expectations of the Company as of the date of this news release and, accordingly, is subject to change after such date. Readers should not place undue importance on forward-looking information and should not rely upon this information as of any other date. While the Company may elect to, it does not undertake to update this information at any particular time except as required in accordance with applicable laws.

 

 ...click here for full copy of news release from source

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Copy of September 20, 2023 Company News Release:

 

QI Materials Delivers Additional Samples to HPQ Silicon Inc.

 

Lachute, Québec--(Newsfile Corp. - September 20, 2023) - Québec Innovative Materials Corp. (CSE: QIMC) (FSE: 7FJ) ("Qi Materials", "QIMC", or the "Company") is pleased to announce that high purity quartz samples have been delivered to HPQ Silicon Inc. ("HPQ").
 

As per the memorandum of understanding between HPQ and QI Materials (see September 15, 2022 news release), HPQ Silicon Inc. has successfully received approximately 100kg of high purity quartz samples from Zone 1 at the Charlevoix Silica Project. HPQ has also received samples from the newly discovered zones described in the August 29th news release (Figure 1). HPQ plans on testing the material performance for both its PUREVAP™ Quartz Reduction Reactor and Fumed Silica Reactor processes.

 

 

FIGURE 1: Example of High Purity Quartz from Newly Discovered Zones
 

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/7968/181246_34a2d0d164b499c7_002full.jpg

 
"With our ongoing PUREVAP™ QRR, Silicon anode material and Fumed Silica Reactor projects moving forward, our need for a stable and local source of high-quality quartz will continue to increase as we continue to advance our undertakings to commercial scale over the coming periods," stated Bernard Tourillon, President & CEO of HPQ Silicon Inc. "With QIMC working on delineating its quartz resources, HPQ can focus its time and energy on developing its value added portfolio of Silica and Silica base products."

 

Additionally, in order to improve the logistics of performing pilot processing on the materials from the Charlevoix Silica Project, the River Valley Silica Project, and the Ville Marie Industrial Minerals property, Qi Materials is in the process of relocating the pilot processing plant from the Charlevoix to the Company's centrally located facility in Lachute, Québec (Figure 2).

 

"Over the last year we have successfully advanced from exploration to pilot processing, to proof of concept, to delivery of high purity quartz materials to our strategic partner HPQ. We also currently have multiple tonnes of processed saleable product sitting on site, a rare achievement for an exploration company to accomplish in such a short amount of time," stated Raymond Wladichuk, CEO of Qi Materials Corp.

 

 

FIGURE 2: Project and Facility Location Map
 

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/7968/181246_34a2d0d164b499c7_003full.jpg

 
Qualified Person
Raymond Wladichuk, P.Geo., (OGQ permit number: 02287, PGO license number: 3526), is the CEO of Québec Innovative Materials Corp., and a Qualified Person for National Instrument 43-101 - Standards for Disclosure of Mineral Projects, approves the scientific and technical information contained in the news release.
 
About High Purity Quartz
Highly pure quartz (SiO2) plays a pivotal role in two critical technologies shaping the future: solar panels and lithium silicon anode batteries. In the realm of renewable energy, quartz is the raw feed source of silicon metal (Si), a fundamental component in producing high-efficiency solar panels. Beyond solar panels, silicon metal is also a promising ingredient in lithium silicon anode batteries, offering the potential for increased energy storage capacity and improved battery performance, underscoring the indispensable role of quartz in advancing sustainable energy and cutting-edge technology. Furthermore, quartz-derived silicon has gained significant strategic importance, recently earning a place on the USA's strategic mineral list.
 
About HPQ Silicon
HPQ Silicon Inc. (TSXV: HPQ) is a Québec-based TSX Venture Exchange Tier 1 Industrial Issuer. HPQ is developing, with the support of world-class technology providers PyroGenesis Canada Inc and NOVACIUM SAS, new green processes crucial to make the critical materials needed to reach net zero emissions.

HPQ activities are centred around the following five (5) pillars:

1) Becoming a zero CO2 low-cost (Capex and Opex) producer of High Purity Silicon (2N+ to 4N) using our proprietary PUREVAP™ "Quartz Reduction Reactors" (QRR) being developed for HPQ by PyroGenesis.

 

2) Becoming a producer of silicon-based anode materials for battery applications with the assistance of NOVACIUM SAS.

 

3) Becoming a green low-cost (Capex and Opex) producer of Fumed Silica using our proprietary FUMED SILICA REACTOR being developed by PyroGenesis.

 
4) HPQ SILICON affiliate NOVACIUM SAS is developing a low carbon, chemical base on demand and high-pressure autonomous hydrogen production system.

 

5) Working to become the first producer of nano silicon materials from High Purity Silicon chunks using our proprietary PUREVAP™ Nano Silicon Reactor (NSiR) being developed by PyroGenesis.

For more information, please visit HPQ Silicon web site.

About Québec Innovative Materials Corp.
Québec Innovative Materials Corp. (CSE: QIMC) (FSE: 7FJ) (previously Québec Silica Resources Corp.) is a mineral exploration, and development company with a portfolio of natural resource assets including high grade silica, hydrogen, and helium properties. QIMC is working toward becoming a sustainable supplier of resources which are essential in advanced batteries and the electrification of the green economy. The Company has a 100% interest in the Charlevoix Silica Project, near Clermont, Québec, Canada, the River Valley Silica Project, near Sudbury, Ontario, as well as other mineral properties in Quebec. The Company also performs pilot processing on industrial minerals, refining processes to create custom products.

Additional information on Québec Innovative Materials Corp.is available at www.qimaterials.com.

On Behalf of the Board of Directors,

QUÉBEC INNOVATIVE MATERIALS CORP.

"Raymond Wladichuk, P.Geo."
Chief Executive Officer

For further information, please contact:
Investor Relations
Tel: +1 (514) 358-8840
Email: info@qimaterials.com

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the CSE policies) accepts responsibility for the adequacy or accuracy of this news release and has neither approved nor disapproved the contents of this news release.
 
Forward-Looking Statements

 

This news release contains statements that constitute "forward-looking statements". Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause Québec Innovative Materials' actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "potential" and similar expressions, or that events or conditions "will," "would," "may," "could" or "should" occur.
 

Although Québec Innovative Materials believes the forward-looking information contained in this news release is reasonable based on information available on the date hereof, by their nature, forward-looking statements involve assumptions, known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements.

 

Examples of such assumptions, risks and uncertainties include, without limitation, assumptions, risks and uncertainties associated with general economic conditions; the Covid-19 pandemic; adverse industry events; future legislative and regulatory developments in the mining sector; the Company's ability to access sufficient capital from internal and external sources, and/or inability to access sufficient capital on favorable terms; mining industry and markets in Canada and generally; the ability of Québec Innovative Materials Corp. to implement its business strategies; competition; and other assumptions, risks and uncertainties.

 

The forward-looking information contained in this news release represents the expectations of the Company as of the date of this news release and, accordingly, is subject to change after such date. Readers should not place undue importance on forward-looking information and should not rely upon this information as of any other date. While the Company may elect to, it does not undertake to update this information at any particular time except as required in accordance with applicable laws.

 

 ...click here for full copy of news release from source

 

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The following URLs have been identified for additional insight on Qi Materials Corp:
 

Company website:
www.qimaterials.com

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Recent Mining Journal Review:
https://miningmarketwatch.net/qimc.htm

 

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This release may contain forward-looking statements regarding future events that involve risk and uncertainties. Readers are cautioned that these forward-looking statements are only predictions and may differ materially from actual events or results. Articles, excerpts, commentary and reviews herein are for information purposes and are not solicitations to buy or sell any of the securities mentioned. Readers are referred to the terms of use, disclaimer and disclosure located at the above referenced URL(s).

 

 

SOURCE: Sector Newswire editorial

editorial@SectorNewswire.com

 

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