NetworkNewsWire Announces Publication on Burgeoning Need for Energy Grid Storage Driving Lithium Demand
NEW YORK, Oct. 03, 2018 (GLOBE NEWSWIRE) -- via NetworkWire — NetworkNewsWire (“NNW”), a multifaceted financial news and publishing company, today announces the publication of an editorial featuring QMC Quantum Minerals Corp. (OTC: QMCQF) (TSX.V: QMC) (FSE: 3LQ), a client of NNW engaged in the acquisition, exploration and development of natural resource properties containing high-quality lithium, silver, gold, nickel, copper and zinc mineralization.
To view the full publication, titled “The Lithium Boom Has Only Just Begun,” visit: http://nnw.fm/zgLP1
Once these assets are confirmed to current standards, it’s likely they will have a dramatic impact on QMC’s balance sheet. The results so far have been exceptionally promising since they currently reflect historic assays. Channel sampling on the Irgon Dike has returned 1.73 percent Li2O over 14 meters. In addition, regional results obtained from sampling of other dikes in the area returned three chip samples with concentrations over 1.90 percent lithium-oxide, including one that assayed 2.62 percent. These positive results, in conjunction with the well-developed mining infrastructure already in place, may position QMC to quickly leverage the assets and capitalize on the global demand for lithium.
QMC Quantum Minerals has already invested two years in the exploration of its Irgon Lithium Project. Normally it takes three to five years to develop, but due to the extensive previous exploration and development work done on the site decades ago, QMC expects to start operations much sooner than anyone thought possible and is rapidly moving toward bringing the property online for production. QMC has expanded its Irgon Lithium Mine Project holdings by 650 percent, raising the project’s contiguous footprint to 11,325 acres as it aggressively moves the Irgon Mine Project forward to production.
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.
NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets, (3) enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge. For more information, please visit https://www.NetworkNewsWire.com.
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company’s SEC filings. These risks and uncertainties could cause the company’s actual results to differ materially from those indicated in the forward-looking statements.
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