British Columbia-based company Quantum Minerals (OTC: QMCQF) (TSX.V: QMC) (FSE: 3LQ) is approaching three years of labor at the Irgon Dike, located in a region recognized for its spodumene and rare-element-bearing pegmatites. Typical hard rock mining effort takes three to five years to complete. An article discussing the company reads, “QMC is bullish on the value of hard rock-mined spodumene as opposed to the extraction of a lithium concentrate through dry lake evaporation techniques, as used in the Lithium Triangle. . . . ‘When lithium prices headed upward, investors learned that Chile was pouring out tons of the metal at low costs. The Atacama salt flats became famous, and people assumed that reaping lithium from brines was easier than pulling it out of rock,’ the company states on its website (http://ibn.fm/lYX6t). ‘The truth is that, although lithium brines occur in many places around the world, only highly concentrated brines actually produce lithium economically. In contrast, hard rock lithium mines have numerous advantages. They do require more exploratory work; however, once the surveys and sampling are completed, hard rock pegmatite deposits are faster to mine and production is more reliable.’”
To view the full article, visit http://ibn.fm/799Aw
About QMC Quantum Minerals Corp.
QMC is a British Columbia-based company engaged in the business of acquisition, exploration and development of resource properties. Its objective is to locate and develop economic precious, base, rare-metal and resource properties of merit. The company’s properties include the Irgon Lithium Mine project and two VMS properties, the Rocky Lake and Rocky-Namew, known collectively as the Namew Lake District Project. Currently, all of the company’s properties are located in Manitoba. For more information, visit the company’s website at www.QMCMinerals.com.
NOTE TO INVESTORS: The latest news and updates relating to QMCQF are available in the company’s newsroom at http://ibn.fm/QMCQF
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