Quebec Precious Metals Normand Champigny talks about new drill results extending gold strike and thickness at La Pointe Extension

In a new InvestorIntel interview, Peter Clausi speaks with Normand Champigny, CEO and Director of Quebec Precious Metals Corporation (TSXV: QPM | OTCQB: CJCFF) (QPM), about recent results from five additional drill holes from the 19-hole summer and fall diamond drilling program at La Pointe Extension on the Sakami Project in Quebec’s Eeyou Istchee James Bay territory.

Mr. Champigny told Peter that he was “pleased to report a significant drill intercept of 42 meters at 1.31 g/t Au at the La Point Extension discovery.”

Mr. Champigny explained to Peter how the recent results have now extended the strike length of the mineralized zone over 600 meters on the Extension discovery. “In conjunction with the La Pointe Deposit we now have a 2 kilometer long structure, which is along a very prolific structure that is 13 kilometers long as well.”

In this InvestorIntel interview, which can also be viewed on YouTube, Champigny explains that the recently published results are particularly significant because “it continues to define mineralization about twice as thick as we had at La Pointe itself,” and with results now received from 10 0f the 19 holes from the recent program, “we are very excited to see the continuity we have observed.”

“This is another step,” he continued, “towards delineating our target of 2 million ounces for a resource estimate.”

To watch the full interview, click here.

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Disclaimer: Quebec Precious Metals Corporation is an advertorial member of InvestorIntel Corp.




Quebec Precious Metals Normand Champigny on the significant gold grades of the Sakami project

In a recent InvestorIntel interview, Peter Clausi speaks with Normand Champigny, CEO and Director of Quebec Precious Metals Corporation (TSXV: QPM | OTCQB: CJCFF) (QPM), about QPM’s drill results from the first five holes at the La Pointe Extension discovery on the Sakami Project.

In this InvestorIntel interview, which may also be viewed on YouTube (click here to subscribe to the InvestorIntel Channel), Normand went on to say that drill results are consistent and confirm the strong exploration potential of the Sakami Project. Normand also commented that the company will continue to drill until they reach their goal of 2 million ounces of gold resource.

To watch the complete interview, click here

About Quebec Precious Metals Corporation

QPM is a gold explorer with a large land position in the highly-prospective Eeyou Istchee James Bay territory, Quebec, near Newmont Corporation’s Éléonore gold mine. QPM’s flagship project is the Sakami project with significant grades and well-defined drill-ready targets. QPM’s goal is to rapidly explore this project to advance it to the mineral resource estimate stage.

To learn more about Quebec Precious Metals Corporation, click here

Disclaimer: Quebec Precious Metals Corporation is an advertorial member of InvestorIntel Corp.




Normand Champigny talks about Quebec Precious Metals gold system discovery

InvestorIntel’s Tracy Weslosky speaks with Normand Champigny, CEO and Director of Quebec Precious Metals Corporation (TSXV: QPM | OTCQB: CJCFF) (QPM), about the discovery from surface sampling of a new gold and base metals system at Elmer East with grabs up to 17.75 g/t Au. “We believe this result is the second-best result in the area.” Normand said. “It is a result of hard work to identify new targets…all very exciting news in another part of James Bay which again shows the promise of James Bay for gold exploration.”

Speaking about the competitive advantages of QPM in response to this question, Normand said, “We have created a company which has very good shareholder base with Newmont, one of the largest gold companies in the world, as our key shareholder.” He continued. “We have a team that has been working in the area for many years. We have good infrastructure with powerlines and roads. We can drill 12 months of the year and we have significant ground in the area.”

Normand also provided an update on the drill results from the La Pointe Extension discovery and a near surface discovery at Simon area on the 100% owned Sakami Project. “La Pointe is a deposit with multi-million ounce potential.” Normand said. “Our goal is to demonstrate a potential of 2 million ounces of gold.”

To watch the complete interview, click here

Disclaimer: Quebec Precious Metals Corporation is an advertorial member of InvestorIntel Corp.




CEO of QPM on extending its high-grade Sakami gold project

Normand Champigny, CEO and Director of Quebec Precious Metals Corporation (TSXV: QPM | OTCQB: CJCFF) (QPM), spoke with InvestorIntel’s Tracy Weslosky about QPM’s recent geophysical survey results from the La Pointe area of QPM’s 100% owned Sakami Gold Project which shows “that this keeps extending further to southwest.”

Normand went on to say that the fundamentals are there for gold prices to go up since “production worldwide is declining, and it is getting tougher to mine gold. The economic situation is not good right now, people are looking at gold as an investment opportunity, and jewelry demand for gold does not stop.” For those reasons, “we will see steady increase over time of the gold price.”

Quebec Precious Metals recently changed its TSXV symbol to QPM.

To watch the complete interview, click here

Disclaimer: Quebec Precious Metals Corporation is an advertorial member of InvestorIntel Corp.




Quebec Precious Metals announces a ‘very promising gold discovery’ in James Bay

Given the current very strong gold price —- any gold juniors that can find gold are sure to do well! One of the most exciting gold juniors in Quebec announced a very promising gold discovery at their 100% owned Sakami Project.

That company is Quebec Precious Metals Corporation (TSXV: CJC | OTCBB: CJCFF | FSE: YXEP) (QPM). QPM is an early stage Canadian junior miner exploring for gold in the James Bay region of Quebec, Canada. QPM holds a prospective and large land package of 1,100 km2 located in the new gold mining camp region of James Bay. Their flagship project is the Sakami Project which allows for all year round drilling and is showing excellent exploration potential for gold.

Quebec Precious Metals projects in James Bay Quebec Canada

Source

The Sakami Project

The Sakami Project covers 140 square km and lies about 90 km northwest of Newmont Corporation’s Éléonore Mine. QPM’s strategy for 2020 involves a ‘fully funded’ 25,000 meter drill campaign at Sakami and perhaps nearby deposits, culminating in a late 2020/early 2021 maiden resource estimate for the Sakami Project.

The main focus so far at the Sakami Project has been the La Pointe deposit, Simon deposit, and more recently the La Pointe Extension. Results are shown below and some highlights include a very promising recent drill result at La Pointe Extension (see discussion below).

A summary of drill results so far at the Sakami Project (La Pointe and La Pointe Extension)

Source 

The April 21, 2020 announcement by QPM stated:

“La Pointe Extension discovery: 1.15 g/t Au over 80.1 m at Sakami Project, extends deposit 2 km in step-out drilling…….

  • Mineralization is identified to a depth of 215 m, and remains open. True widths are estimated to range from 75% to 90% of the down-hole length;
  • The La Pointe and La Pointe Extension, located in the central portion of the Project, has potential kilometre-scale strike that remain underexplored extensions; and
  • The Simon area with results that include 14.20 g/t Au over 2 m, 5.05 g/t Au over 5.06 m, and 4.66 g/t Au over 3.50 m demonstrates the potential of the Project. It is located 3 km NE and part of a larger 13-kilometre-long mineralized trend.”

A continuous 80.1 meter strike averaging 1.15g/t is very significant due to its length. Furthermore the 2 kilometer extension to the already very promising past discoveries is also highly significant. Furthermore the La Pointe deposit, Simon deposit, and new La Pointe Extension discovery are part of a larger 13-kilometre-long mineralized trend on the Sakami Project. Further drilling will be needed, but if this level of success continues then QPM should be able to announce a very significant maiden gold resource.

CEO of QPM, Normand Champigny, stated:

The discovery of the La Pointe Extension is the most significant development on the Project since the creation of the Company. We look forward to start drilling again and demonstrate the very significant exploration potential of the Project.

QPM will be announcing further assay results in the coming weeks. By June additional drilling will begin and then by late 2020/early 2021 QPM plan to announce a maiden resource estimate for their Sakami Project.

For investors it is reassuring to know that Newmont Corporation is a major share holder in QPM, holding 15.6% of the Company’s shares. Clearly Newmont has a sense that the region is very prospective for gold as they have learned from their nearby Éléonore Mine. Quebec Institutional investors hold 12.9%, and insiders hold 5%.

The QPM stock price has responded to the recent good news with the stock rising 50% from C$0.20 to C$0.30, but still has a market cap of only C$20 million. Analyst’s price target is C$0.55 so clearly they significant potential upside from here.