Mr. Richard Penn reports
Q METALS PERMITS FOR DIAMOND DRILLING MCKENZIE EAST GOLD PROJECT, VAL-D'OR, QUEBEC
Q Battery Metals Corp. expects drill permits to be provided within one to two weeks to allow for a phase II of diamond drilling on the McKenzie East gold property located north of Val d'Or, Que. The permit will allow for the construction of 15 drill pads with supporting access.
From 2020 to 2021, Q Battery completed an induced polarization (IP) electrical survey, an MMI (mobile metal ion) soil sampling survey, and a drone-supported airborne magnetic survey, outlining drilling targets on the McKenzie East. In early 2021, Q Battery completed an eight-hole diamond drilling program as an initial testing of targets on the property. A total of 548 core samples were shipped to ALS in Val d'Or, Que., for analysis. Results included 1.185 grams per tonne gold over one metre from hole MKE-21-01. as well, several intercepts containing greater than 0.5 gram per tonne were returned from holes MKE-21-03, MKE-21-06 and MKE-21-08 (see news release dated July 13, 2021).
The results of the early 2021 eight-hole diamond drilling program indicate that gold is present within veins and altered rock cored on the McKenzie East claims. A phase II program, currently in the permitting process, will continue to test the zone cored by holes MKE-21-03, MKE-21-04 and MKE-21-08 as well as testing other targets delineated from ground and airborne surveys conducted on the property from 2020 to 2023.
The Q Metals team is also preparing to return to the southern claim block of the McKenzie East property in order to follow up potential for narrow, high-grade, gold-bearing quartz veins sampled at the adjacent Maruska mineral showing (see Q Battery Metals' news release dated Nov. 28, 2023). However, the reader is warned that results obtained from adjoining properties are not direct indications for potential on the Q Battery Metals claims.
The McKenzie East gold property is located adjacent to the McKenzie Break project. Monarch Mining Corp, completed a gold resource estimate for the McKenzie Break project in February, 2021, with open-pit and underground indicated resource of 145,982 ounces and inferred resource of 250,593 ounces gold (National Instrument 43-101 technical evaluation report on the McKenzie Break property, dated Feb. 11, 2021). Readers are warned that resources estimated on an adjoining property do not imply that similar resources or mineralization exist on the Black Tusk/McKenzie East property.
Q Battery Metals' exploration programs undertaken in Quebec are supervised by Dr. Mathieu Piche, PhD, OGQ, with an office located north of Val d'Or. He is also a Q Battery Metals company director. The company has 100-per-cent interest in mineral claims within Quebec, targeting critical metals and precious metals. Projects include the McKenzie East gold property and the La Corne South precious metal and strategic metal property, both located near Val d'Or, Que.
Perry Grunenberg, PGeo, a qualified person as that term is defined under NI 43-101, has reviewed and approved the technical information in this news release.
We seek Safe Harbor.
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