Author: joverv

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Montreal, March 25, 2020 – Quebec Precious Metals Corporation (“QPM” or the “Company”) (TSX.V: CJC, OTCQB:  CJCFF, FSE: YXEP) reports today that it has completed the winter drilling activities of the previously announced 25,000 m drilling program to be carried out in 2020 with two drills on its 100% owned flagship Sakami project in Quebec’s Eeyou Istchee James Bay territory. A total of 32 holes (7,250 m) have been drilled by QPM since the beginning of the year. Results will be released during the next few weeks. 

The drilling program was designed to focus on: 1) expanding the La Pointe deposit and the Simon new high grade discovery 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; and 2) testing additional new targets across the 13-km mineralized trend striking SSW-NNE that includes the Apple, Péninsule, JR and Île showings (with gold mineralization detected in drill holes, grab and trench samples) (see press release of January  14, 2020). 

QPM is fully-funded for the 2020 drilling program and its exploration activities. The Company has $5 million in cash and no debt .

Normand Champigny CEO of QPM, stated: “Following the Quebec government’s decision to minimize non-priority services and activities for the next three weeks, the Company has suspended its exploration activities and closed its corporate office. Our top priority is protect the health and safety of our employees and contractors, their families and neighboring communities while also taking steps to preserve long-term benefit to all stakeholders.”

Qualified Persons

Normand Champigny, Eng., Chief Executive Officer of the Company, and Jean-Sébastien Lavallée (OGQ #773), geologist, Vice-President Exploration, director and shareholder of the Company, both Qualified Persons under NI 43- 101 on standards of disclosure for mineral projects, have prepared and approved the technical content of this release.

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.

For more information please contact: 

Jean-François Meilleur
President
Tel.: 514 951-2730
jfmeilleur@qpmcorp.ca

Normand Champigny
Chief Executive Officer
Tel.: 514 979-4746
nchampigny@qpmcorp.ca

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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Montreal, March 13, 2020 – Quebec Precious Metals Corporation (TSX.V: CJC, OTCQB: CJCFF, FSE: YXEP) (“QPM” or the “Company”) is pleased to announce the appointment of Tony Brisson as full-time senior exploration manager, effective immediately.

Mr. Brisson has 25 years of experience in gold and base metals exploration, including senior positions with gold exploration companies in Quebec. From 2012 to 2015, he was the exploration manager at the Éléonore gold mine. His responsibilities included the management of extensive drilling campaigns. He is also a director of Opus One Resources Inc. and Radisson Mining Inc.  In 2009, he received the Prospector of the Year award from the Quebec Mining Exploration Association. He is a member of the Ordre des Géologues du Québec and Professional Geoscientists Ontario. He holds a Bachelor’s degree in Geology (B. Sc.) from the Université du Québec, Chicoutimi.

“We are very pleased to strengthen our technical team with the nomination of Tony Brisson. His deep expertise in gold exploration, including the James Bay Eeyou Istchee territory in Quebec. He will contribute significantly to our exploration success.” stated Normand Champigny, Chief Executive Officer of QPM.

The Company has granted to Mr. Brisson stock options (the “Options”) exercisable into an aggregate of 200,000 shares of QPM. The Options have an exercise price of $0.19 per share exercisable within a five-year period.

About Quebec Precious Metals Corporation

QPM is a new 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.

For more information please contact: 

Jean-François Meilleur
President
Tel.: 514 951-2730
jfmeilleur@qpmcorp.ca

Normand Champigny
Chief Executive Officer
Tel.: 514 979-4746
nchampigny@qpmcorp.ca

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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Montreal, March 12, 2020 – Quebec Precious Metals Corporation (TSX.V: CJC, OTCQB: CJCFF, FSE: YXEP) (“QPM” or the “Company”) is pleased to announce that its common shares are now trading on the OTCQB Venture Market (the “OTCQB Venture”), a US trading platform that is operated by the OTC Markets Group in New York. The Company will trade on the OTCQB Venture under symbol “CJCFF”. The Company’s common shares will continue to trade on the TSX Venture Exchange under the symbol “CJC”.

“Trading on the OTCQB Venture aims to introduce the Company to a broad audience in the United States. Trading on the OTCQB Venture is expected to increase liquidity by providing American investors with an easily accessible trading platform”, stated Normand Champigny, Chief Executive Officer of QPM.

The OTCQB Venture is the premier marketplace for entrepreneurial and development stage U.S. and international companies that are committed to providing a high-quality trading and information experience for their US investors. To be eligible, companies must be current in their financial reporting, pass a minimum bid price test, and undergo an annual company verification and management certification process. The OTCQB Venture quality standards provide a strong baseline of transparency, as well as the technology and regulation to improve the information and trading experience for investors.

About Quebec Precious Metals Corporation

QPM is a new 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.

For more information please contact: 

Jean-François Meilleur
President
Tel.: 514 951-2730
jfmeilleur@qpmcorp.ca

Normand Champigny
Chief Executive Officer
Tel.: 514 979-4746
nchampigny@qpmcorp.ca

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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2 dedicated drills following encouraging results from the 2019 program

MONTREAL, QC – February 27, 2020 / Quebec Precious Metals Corporation (TSXV:CJC)(FSE:YXEP)(OTC:CJCFF) (“QPM” or the “Company”) today reported the start of operation of the second drill rig on its 100% owned flagship Sakami project in Quebec’s Eeyou Istchee James Bay territory. The 25,000 m drill program is fully funded. Using the first drill rig, a total of 14 holes (3,103 m) have been completed by QPM since the beginning of the year. Results are pending.

The Company also announces the completion of the magnetic heliborne survey covering the Elmer East project (see press releases of January 28 and 30, 2020) located along trend from the recent Patwon prospect gold discovery made by Azimut Exploration Inc. on its Elmer project. The results will help define the next exploration phase on the Project to be carried out by the Company in 2020.

Normand Champigny, CEO of QPM said, “The execution of the most significant drill program at Sakami is going well. Large sections of the project remain under explored. There will be significant news flow throughout the year on our drilling and surface exploration programs.”

Qualified Persons

Normand Champigny, Eng., Chief Executive Officer of the Company, and Jean-Sébastien Lavallée (OGQ #773), geologist, Vice-President Exploration, director and shareholder of the Company, both Qualified Persons under NI 43- 101 on standards of disclosure for mineral projects, have prepared and approved the technical content of this release.

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.

For more information please contact:

Jean-François Meilleur
President
Tel.: 514 951-2730
jfmeilleur@qpmcorp.ca

Normand Champigny
Chief Executive Officer
Tel.: 514 979-4746
nchampigny@qpmcorp.ca

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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MONTREAL, QC – February 18, 2020 – Quebec Precious Metals Corporation (TSXV:CJC)(FSE:YXEP)(OTCBB:CJCFF) (“QPM” or the “Company”) announces that it has granted an aggregate of 785,000 stock options (the “Options”) of the Company. Of this number, 685,000 have been granted to its directors and officers, and 100,000 to three consultants. Each Option entitles its holder to purchase one common share of the Company at a price of $0.28 per share for a five-year period, vesting and will vest immediately. Options granted to the consultants are exercisable for a two-year period and will vest immediately. Options are granted in accordance with Policy 4.4 of the TSX Venture Exchange (the “Exchange”) and the terms and conditions of the Company’s stock option plan (the “Stock Option Plan”).

QPM also announces that it has amended its Stock Option Plan. The amendment increases the maximum number of shares issuable upon exercise of the options granted under the Stock Option Plan from 4,498,055 to 6,743,433. Such number represents 10% of the total number of shares issued and outstanding as at the date hereof. The amendment is subject to approval by the Exchange.

About Quebec Precious Metals Corporation

QPM is a new gold explorer with a large land position in the highly-prospective Eeyou Istchee James Bay territory, Quebec, near Newmont Goldcorp 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.

For more information please contact:

Jean-François Meilleur
President
Tel.: 514 951-2730
jfmeilleur@qpmcorp.ca

Normand Champigny
Chief Executive Officer
Tel.: 514 979-4746
nchampigny@qpmcorp.ca

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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Montreal, January 30, 2020 – Quebec Precious Metals Corporation (TSX.V: CJC, FSE: YXEP, OTC-BB: CJCFF) (“QPM” or the “Company”) is pleased to announce that a magnetic heliborne survey is in progress to cover the Elmer East project (the “Project”). The Project consists of 929 claims (488 km²) (see press release of January 28, 2020). It is located along trend from the recent Patwon prospect gold discovery made by Azimut Exploration Inc. on its Elmer project located in the Eeyou Istchee James Bay territory, Quebec. The results will help define the next exploration phase on the Project to be carried out by the Company in 2020.

The heliborne survey is being carried out by Geo Data Solutions GDS inc (based in Laval). Processing and interpretation of the geophysical data will be performed by Inter Géophysique Inc. (based in Rosemere).

Qualified Persons

Normand Champigny, Eng., Chief Executive Officer of the Company, and Jean-Sébastien Lavallée (OGQ #773), geologist, Vice-President Exploration, director and shareholder of the Company, both Qualified Persons under NI 43- 101 on standards of disclosure for mineral projects, have prepared and approved the technical content of this release.

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.

For more information please contact:

Jean-François Meilleur
President
Tel.: 514 951-2730
jfmeilleur@qpmcorp.ca

Normand Champigny
Chief Executive Officer
Tel.: 514 979-4746
nchampigny@qpmcorp.ca

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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Montreal, January 28, 2020 – Quebec Precious Metals Corporation (TSX.V: CJC, FSE: YXEP, OTC-BB: CJCFF) (“QPM” or the “Company”) is pleased to announce the acquisition, by map designation, of 100% interest in a new project, designated “Elmer East”, with strong gold potential totaling 368 claims (193  km², see Figure 1). This project is located along trend from the recent Patwon prospect gold discovery made by Azimut Exploration Inc. (“Azimut”) on its Elmer project located in the Eeyou Istchee James Bay territory, Quebec. The Elmer East project includes the adjacent 100% owned Annabelle and Opinaca Gold West projects (561 claims, 295 km²). The western part of the Elmer East project is contiguous to Azimut’s project.

Azimut recently announced several significant gold-bearing drill intercepts at the Patwon prospect, namely 3.15 g/t Au over 102.0 m, including 10.1 g/t Au over 20.5 m (press release by Azimut dated January 14, 2020). The western part of Elmer East, located closest to the Patwon discovery, shows a geological setting favorable to gold mineralization. It is to be noted that gold mineralization occurring at the Patwon prospect is not necessarily representative of mineralization that may be found on the Elmer East project. The 368 claims are currently being processed by the Quebec Ministry of Energy and Natural resources. They will be recorded soon as 100% held by QPM.

The project will be the focus of a geological compilation and a surface exploration program which will be carried out in 2020.

Qualified Persons

Normand Champigny, Eng., Chief Executive Officer of the Company, and Jean-Sébastien Lavallée (OGQ #773), geologist, Vice-President Exploration, director and shareholder of the Company, both Qualified Persons under NI 43- 101 on standards of disclosure for mineral projects, have prepared and approved the technical content of this release.

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.

For more information please contact: 

Normand Champigny
Chief Executive Officer
Tel.: 514 979-4746
nchampigny@qpmcorp.ca

Jean-François Meilleur
President
Tel.: 514 951-2730
jfmeilleur@qpmcorp.ca

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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MONTREAL, QC – January 14, 2020 / Quebec Precious Metals Corporation (TSX.V: CJC, FSE: YXEP, OTC-BB: CJCFF) (“QPM” or the “Company”) is pleased to announce the commencement of the 2020 drill program at its flagship Sakami project in Quebec’s Eeyou Istchee James Bay territory. The Company plans to drill approximately 25,000 metres. The drill program is fully-funded. Details are as follows:

• QPM currently has $6.5 million in cash;
• Drilling costs are low, at approximately $200/metre;
• Two drills are on-site and drilling can be done year-round; and
• Drilling will focus on: 1) expanding the La Pointe deposit and the Simon new high grade discovery (see press release of March 26, 2019) 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; and 2) testing additional new targets across the 13-km mineralized trend striking SSW-NNE that includes the Apple, Péninsule, JR and Île showings (with gold mineralization detected in drill holes, grab and trench samples) (see press release of October 22, 2019).

Normand Champigny, CEO of QPM, stated: “Following our successful financing late 2019, we are about to undertake the most significant drilling program to date at Sakami. We anticipate completing over 25,000 metres of drilling by the end of this year. With the increased geological understanding of the project following our recent program, we are looking to speed up the discovery and resource identification process.”

Qualified Persons

Normand Champigny, Eng., Chief Executive Officer of the Company, and Jean-Sébastien Lavallée (OGQ #773), geologist, Vice-President Exploration, director and shareholder of the Company, both Qualified Persons under NI 43- 101 on standards of disclosure for mineral projects, have prepared and approved the technical content of this release.

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.

For more information please contact:

Jean-François Meilleur
President
Tel.: 514 951-2730
jfmeilleur@qpmcorp.ca

Normand Champigny
Chief Executive Officer
Tel.: 514 979-4746
nchampigny@qpmcorp.ca

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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Montreal, December 12, 2019 – Quebec Precious Metals Corporation (TSX.V: CJC, FSE: YXEP, OTC-BB: CJCFF) (“QPM” or the “Company”) is pleased to announce that it has completed a private placement (the “Offering”) by issuing to CDPQ Sodémex Inc. (“CDPQ Sodémex”) a total of 2,272,728 common shares of the company at a price of $0.22 per common share for gross proceeds of $500,000.

The net proceeds from the Offering will be used for general corporate and working capital purposes.  The private placement was carried out pursuant to prospectus exemptions of applicable securities laws and is subject to final acceptance by the TSX Venture Exchange. The securities issued pursuant to this Offering will be subject to a restricted period under applicable Canadian securities legislation expiring March 10, 2020.

The gross proceeds of the Offering, in combination with the proceeds of the Company’s previously announced bought deal private placement lead by Laurentian Bank Securities Inc. (together with the Offering, the “Financings”), brings the total aggregate gross proceeds raised by the Company to approximately $7,040,703.

The Company is pleased to have received significant support from strategic and institutional shareholders who participated in the Financings, including from Quebec-based institutional funds CDPQ Sodémex and SIDEX L.L.P. (“SIDEX”), as well as strategic shareholder Newmont Goldcorp Corporation.

About CDPQ Sodémex

Through its CDPQ Sodémex mining portfolio, la Caisse de dépôt et placement du Québec acquires interests in junior exploration companies and active mining producers in Quebec in order to contribute to the development of Québec’s mining industry.

About SIDEX

SIDEX is an initiative of the Québec government and the Fonds de solidarité des travailleurs du Québec (F.T.Q.) whose mission is to invest in companies engaged in mineral exploration in Québec in order to diversify the province’s mineral base, promote innovation and new entrepreneurs.

About Quebec Precious Metals Corporation

QPM is a gold explorer with a large land position in the highly-prospective Eeyou Istchee James Bay territory, Québec, near Newmont Goldcorp 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.

For more information please contact: 

Jean-François Meilleur
President
Tel.: 514 951-2730
jfmeilleur@qpmcorp.ca

Normand Champigny
Chief Executive Officer
Tel.: 514 979-4746
nchampigny@qpmcorp.ca

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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Montreal, December 3, 2019 – Quebec Precious Metals Corporation (TSX.V: CJC, FSE: YXEP, OTC-BB: CJCFF) (“QPM” or the “Company”) is pleased to announce that it has engaged Red  Cloud Financial Services Inc. (“Red Cloud”) to provide certain capital markets advisory services for an initial term of six (6) months beginning October 1, 2019. The Company will pay Red  Cloud a monthly retainer of $10,000 per month for these services and in addition has granted Red Cloud 270,000 stock options (the “Options”) of the Company. Options granted are exercisable for a two-year period from the effective date at a price of $0.235 per common share and will vest immediately. Options are granted in accordance with Policy 4.4 of the TSX Venture Exchange and the terms and conditions of the Company’s stock option plan. Red Cloud’s head office is located in Toronto, Ontario.

About Quebec Precious Metals Corporation

QPM is a gold explorer with a large land position in the highly-prospective Eeyou Istchee James Bay territory, Québec, near Newmont Goldcorp 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.

For more information please contact: 

Jean-François Meilleur
President
Tel.: 514 951-2730
jfmeilleur@qpmcorp.ca

Normand Champigny
Chief Executive Officer
Tel.: 514 979-4746
nchampigny@qpmcorp.ca

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.