release031921st Sector Newswire - ST.C

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Sector:  Mining, Base Metals, Technology   :

 

News Release -  November 17, 2023 5:33 PM ET    - Editorial Release

 

 

Qi Materials Announces Newly Discovered Zone at the Charlevoix Silica Project, and Starts Preliminary Modelling of High-grade Silica Projects

 

NEW YORK, NY, November 17, 2023 /Sector Newswire/ -- Québec Innovative Materials Corp. (CSE: QIMC) (Frankfurt: 7FJ) (a.k.a. QI Materials) this week announced that new zones of visually pure quartzite have been discovered on the Company's wholly owned Charlevoix Silica Project. This news falls on the heels of QI Materials providing an update on its ongoing silica projects. Further below are copies of the company's last two news releases.

 

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 titled "QI Materials Corp. High-Purity Silica Presents Exceptional Opportunity":

 

Québec Innovative Materials Corp. is a Canadian-based mineral exploration and development company rapidly advancing toward a near-term industrial mining production scenario on its portfolio of high-grade SiO2 properties in Ontario and Quebec.
 

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 (see related October 24, 2023 news release "Qi Materials Starts Preliminary Modelling of High-grade Silica Projects").

 

The new discovery zones 3, 4, 5, & 6 at Charlevoix are high-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; so far zones 4 and 5 have been mapped in detail, cleaned off, channel sampled, and over 120m of strike length is now exposed at surface. The true thickness and width of the quartzite formation is currently unknown as the contacts are buried beneath overburden, however we can observe 5-10 metres high quartzite walls in certain areas. 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 November 15, 2023 Company News Release:

 

QI Materials Announces Newly Discovered Zone at the Charlevoix Silica Project

 

Lachute, Québec--(Newsfile Corp. - November 15, 2023) - Québec Innovative Materials Corp. (CSE: QIMC) (FSE: 7FJ) ("Qi Materials", "QIMC", or the "Company") is pleased to announce that new zones of visually pure quartzite have been discovered on the Company's wholly owned Charlevoix Silica Project.
 

In October, the QI Materials field team followed up on the newly discovered high-grade zones 4 and 5 announced in August (see August 29, 2023 news release). As shown on Figure 1, an additional 6th zone has been confirmed approximately 250 metres southeast of zone 5. Additional potential outcrops have been located to the east of zone 5. Follow up work will be required on these areas.

 

"Another wonderful job by our exploration team. It is encouraging that every time our team goes out there we add strike length to the quartzite formation and discover new zones," stated Raymond Wladichuk, P.Geo., CEO of QI Materials Corp.

 

Figure 1: Map of Charlevoix Silica Project Quartzite Zones
 

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/7968/187461_ebd9471904c06879_002full.jpg

 
As shown on Figure 2, zones 4 and 5 have been mapped in detail, cleaned off, channel sampled, and over 120m of strike length is now exposed at surface. The true thickness and width of the quartzite formation is currently unknown as the contacts are buried beneath overburden, however we can observe 5-10 metres high quartzite walls in certain areas. As shown below on Figure 3, the quartzite from zone 6 appears to be visually highly pure. The samples collected this program have been sent to the lab for purity analysis and the Company eagerly awaits the results.

 

John Karagiannidis, Chairman of QI Materials, commented, "Our high-grade Charlevoix project keeps on getting bigger and we look forward to further expanding the discovery and current zones. A great job by our team with this new high-grade zone and discovery."

 

Figure 2: Photos of Quartzite from Zone 4 & 5
 

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/7968/187461_ebd9471904c06879_003full.jpg

 

Figure 3: Photo of a portion of Zone 6 Quartzite Outcrop
 

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/7968/187461_ebd9471904c06879_004full.jpg


Qualified Person

 

Raymond Wladichuk, P.Geo., (OGQ permit number: 02287), 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.
 
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; 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, 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 24, 2023 Company News Release:

 

Qi Materials Starts Preliminary Modelling of High-grade Silica Projects

 

Lachute, Québec--(Newsfile Corp. - October 24, 2023) - Québec Innovative Materials Corp. (CSE: QIMC) (FSE: 7FJ) ("Qi Materials", "QIMC", or the "Company") is pleased to provide an update on the Company’s ongoing silica projects.
 
River Valley Silica Project

 
The QI Materials field team has completed the first pass of field exploration and development work on the Company’s wholly owned River Valley Silica project, located in the Sudbury mining division of Ontario, Canada. The Company is now processing the data and commencing preliminary modelling and quarry designs.

 

Figures 1 and 2 below depict examples of the visually highly pure quartz samples recovered from the quartz vein.

 

The QI Materials team performed a variety of work scopes in the advancement of this project which included:

Establishment of access
Detailed topographic survey of the silica formation
Quartz outcrop stripping and cleaning
Detailed geological mapping, sampling, and channel sampling
Sample collection for metallurgical and other analysis
Sample collection for testing with the QI Materials’ pilot plant

The Company also performed a site visit with the engineering team from OptiSim Mining Solutions, of Sudbury, Ontario (See news release Oct-11-2023) for the purpose of preliminary quarry design, engineering, and permitting.

 


 

Charlevoix Silica Project
 

The QI Materials team is currently at the Charlevoix Silica Project completing the final field work of the season. The team is following up on the newly discovered high grade zones announced in August 2023 (See news release). The scope of this program includes:

  • Establishing access to the new high-grade zones

  • Detailed geological mapping and sampling

  • Quartzite outcrop stripping and cleaning

  • Channel sampling

  • Exploration and prospecting to trace out the surface expression of the quartzite formation

  • Sample collection for metallurgical and other analysis

  • Sample collection for testing with the QI Materals’ pilot plan

Samples from both the River Valley and Charlevoix Silica Projects are being processed and prepared for shipment to various clients for evaluation, as well as to potential future customers.
 

“We are very happy to be moving forward on two work fronts (Charlevoix and River Valley). We believe both projects represent volumes of high-grade quartz material”. Stated Raymond Wladichuk, CEO of QI Materials Corp.
 
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; 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, 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.

 

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 the scientific and technical information contained in this 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.

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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