Author: joverv

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MONTREAL, Feb. 14, 2019 – Quebec Precious Metals Corporation (TSX.V: CJC, FSE: YXEN, OTC-BB: CJCFF) (“QPM” or the “Company”) report on the progress of the drilling campaign at its 100% owned Sakami project, Eeyou Istchee James Bay region, Quebec.  The winter drilling program is progressing well at the 43-Simon-9.6 area, located about 6 km NNE of the La Pointe area, where specific surface targets identified from previous exploration are being tested.

In the 43-Simon-9.6 area, ten diamond drill holes (“DDH”) have been completed as follows:

• 4 DDH (totalling 635 m) in the 43 showing area where the best result obtained from historical channel sampling was 2.1 g/t Au over 2.5 m, including 5.5 g/t Au over 0.5 m, (Quebec Ministry of Energy and Natural Resources, GM 59019). There is also one historical DDH that returned 2.0 g/t Au over 6.0 m;
• 4 DDH (totalling 612 m) in the Simon showing area with a fifth currently being drilled.  The Simon showing was discovered as a result of prospecting work carried out in the summer of 2015 on the Peninsula area, which returned 45.9 g/t Au in a chip sample. Channel sampling results of up to 20.8 g/t Au over 1 m and 17.5 g/t Au over 1 m have been also reported (see press release of November 8, 2016); and
• 2 DDH (totalling 273 m) in the 9.6 showing area where the best results obtained from historical channel sampling were 17.9 g/t Au over 1.5 m, 7.7 g/t Au over 1.5 m, and 13.7 g/t Au over 1.0 m (Quebec Ministry of Energy and Natural Resources, GM 62497).

Two core photographs from DDH SI-19-03 drilled in the Simon showing area are attached. The photographs are of selected DDH intersections and are not necessarily representative of the mineralization hosted on the project. An interpreted mineralized zone was intersected between 127 to 135 m and contains disseminated to semi-massive pyrite, pyrrhotite and arsenopyrite in an Iron formation.  Similar mineralized zones have been intersected in each of the 10 DDH. Most of the observed mineralisation is hosted in basalts of the Yasinski Group in contact with sedimentary rocks of the Laguiche Group (Opinaca Subprovince) to the east.

It is anticipated that a total of 11 DDH will be drilled in this area for a total of approximately 1,650 metres. The analytical results are expected to be available within the next month. The drilling program will then continue with up to 9 DDH (about 3,500 meters) in the La Pointe area.

Quality Assurance/Quality Control

Quality assurance and quality control procedures have been implemented to ensure best practices in sampling and analysis of the core samples. The drill core was logged and then split, with one-half sent for assay and the other retained in the core box as a witness sample. Duplicates, standards and blanks were inserted regularly into the sample stream. The samples were delivered, in secure tagged bags, directly to the ALS Minerals laboratory facility in Val-d’Or, Quebec. The samples are weighed and identified prior to sample preparation. All samples are analyzed by fire assay with AA finish on a 30 g sample (0.005-10 ppm Au), with a gravimetric finish for assays over 10 ppm Au.

Qualified Persons

The field work was under the supervision of Jean-Sébastien Lavallée (OGQ #773), Vice-President Exploration, director and shareholder of the Company. Normand Champigny, Ing., Chief Executive Officer, and Jean-Sébastien Lavallée, 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 new gold explorer with a large land position in the highly-prospective Eeyou Istchee James Bay region, Quebec, near Goldcorp’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

Paradox Public Relations
Tel: 514 341-0408

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 21, 2019 – Quebec Precious Metals Corporation (TSX.V: CJC, FSE: YXEN, OTC-BB: CJCFF) (“QPM” or the “Company”) is pleased to report results for the five drill holes completed in late 2018 on the 100%-owned flagship Sakami Project, located in Eeyou Istchee James Bay, Quebec. Significant drill results are provided in Table 1, Figure 1 and 2. A total of 2,028 m of drilling was completed at the La Pointe area (see September 10, 2018 press release) between October and December 2018. The drill results confirm that the known gold mineralization has been extended to the west by 50 metres.

The technical committee comprised of members from Goldcorp Inc. (“Goldcorp”) and QPM will be meeting this month to conduct a detailed review of the 2018 exploration results. Goldcorp and QPM will plan and approve the 2019 exploration and drilling program at Sakami. This program will benefit from Goldcorp’s technical expertise and knowledge.

The previously announced fall 2018 exploration program (see October 29, 2018 press release), comprised of a minimum of 3,000 m of diamond drilling, will continue during the winter of 2019 starting in January. Using the previous 2018 drill results, the current proposed program will be designed to test two areas:

• at the La Pointe area, where down-plunge extensions at depth of the high-grade zones, defined as >40 gram-metre drill intercepts (Au g/t x intersection length), and the existence of sub-parallel zones at shallower depths (see Figure 1 and 2 attached), will be tested; and
• at the JR-Simon-9.6 area, located about 6 km NNE of the La Pointe area, where specific surface targets identified from previous exploration work will be tested.

Table 1 – Mineralized intersections from drill program and drill hole coordinates

Hole #	From (m)	To (m)	Length (m)	Au (g/t)
PT-18-128	295.00	312.00	17.00	1.77
Including	300.00	306.00	6.00	3.13
Including	295.00	306.00	11.00	2.36
	333.00	335.00	2.00	1.38
PT-18-129	410.00	426.50	16.50	1.39
Including	410.00	441.00	31.00	0.93
Including	422.00	426.50	4.50	3.45
PT-18-130	No significant values
PT-18-131	460.00	466.00	6.00	4.78
Including	460.00	465.00	5.00	5.50
PT-18-132	81.00	82.50	1.50	1.03
	122.00	123.00	1.00	2.41
	144.00	146.00	2.00	1.66
	155.00	156.00	1.00	3.26

Notes:

• Intervals are presented in core length; holes are generally planned to intersect mineralization as close to perpendicular to strike as possible; true widths are estimated to range from 75% to 90% of the down-hole length when hole inclination and dip of the mineralized horizons are considered.
• All gold values presented are un-capped.
• Intercepts occur within geological confines of mineralized zones but have not been correlated to individual structures/horizons within these zones yet.

Mineralization at the La Pointe area occur in two substantial gold zones (zones 25 and 26) hosted by the volcano-sedimentary Yasinski Group (La Grande Subprovince) which is metamorphosed to amphibolite facies and strongly deformed by a regional WSW to ENE event. This assemblage is composed mainly of basaltic amphibolite with local sedimentary iron formations, and is intruded by tonalite intrusions that are also highly deformed. These units are structurally superposed with a sequence mostly formed of biotite-rich paragneiss. Mineralization at the JR-Simon-9.6 area is hosted in basalts of the Yasinski Group in contact with sedimentary rocks of the Laguiche Group (Opinaca Subprovince) to the east.

Quality Assurance/Quality Control

Quality assurance and quality control procedures were implemented to ensure best practices in sampling and analysis of the core samples. The drill core was logged and then split, with one-half sent for assay and the other retained in the core box as a witness sample. Duplicates, standards and blanks were inserted regularly into the sample stream. The samples were delivered, in secure tagged bags, directly to the ALS Minerals laboratory facility in Val-d’Or, Quebec. The samples are weighed and identified prior to sample preparation. All samples are analyzed by fire assay with AA finish on a 30 g sample (0.005-10 ppm Au), with a gravimetric finish for assays over 10 ppm Au.

Qualified Persons

The field work was under the supervision of Jean-Sébastien Lavallée (OGQ #773), Vice-President Exploration, director and shareholder of the Company. Normand Champigny, Ing., Chief Executive  Officer, and Jean-Sébastien Lavallée, 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 new gold explorer with a large land position in the highly-prospective Eeyou Istchee James Bay region, Quebec, near Goldcorp’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

Paradox Public Relations
Tel: 514 341-0408

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.

Figure 1

Figure 2

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Montreal, December 13, 2018 – Quebec Precious Metals Corporation (TSX.V: CJC, FSE: YXEN, OTC-BB: CJCFF) (“ QPM ” or the “ Company ”) announces that it has granted an aggregate of 2,445,000 stock options (the “Options”) of the Company. Of this number, 1,320,000 have been granted to its directors and officers, 500,000 to Paradox Public Relations (“Paradox”) and 625,000 to three consultants. Paradox is an investor relations firm retained by the Company, of which Mr. Jean-François Meilleur, President of the Company, is an officer and shareholder.

Each Option entitles its holder to purchase one common share of the Company at a price of $0.61 per share for a five-year period except for the Options granted to the consultants (including Paradox), which are exercisable for a two-year period. All Options will vest immediately except for Paradox’s options, which will vest over a 12-month period at a rate of 25% per quarter. 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 2,474,213 to 4,498,055. Such number represents 10% of the total number of shares issued and outstanding as at the date hereof. The amendment has been approved 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 region, Quebec, near Goldcorp’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

Paradox Public Relations
Tel: 514 341-0408

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 5, 2018 – Quebec Precious Metals Corporation (TSX.V: CJC, FSE: YXEN, OTC-BB: CJCFF) (“QPM” or the “Company”) is pleased to announce very encouraging results obtained from the soil sampling program that was carried out during the fall. This survey covered an area west of the La Pointe gold deposit area located on the Sakami project (the “Project”). These results confirm the extension of the Sakami prospective trend over a distance of approximately 2 km (see Figures 1, 2 and 3 attached).

Strong and large coincidental gold and arsenic anomalies comprising of values significantly above the geochemical background level have been identified in soils (B horizon) on the Project. The  anomalies remain open to the southwest and especially to the west-southwest. In most cases, mineralization previously recognized by prospecting, trenching and drilling show a spatial correlation with the soil anomalies. This is documented as well for the Éléonore gold deposit (operated by Goldcorp Inc.).

The soil anomalies suggest the presence of three (3) source areas that could represent an important mineralized system in the bedrock. These source areas, which have not yet been tested by drilling, stands out as part of the broad Sakami prospective trend with potential for near-surface discoveries. The Project remains largely under-explored. A total of 954 soil samples were collected for gold and indicator elements to test the possible presence of an extension of the La Pointe deposit to the west.

A drilling program consisting of a minimum of 3,000 m was announced by the Company on October  29 on the La Pointe deposit. This program is currently underway and is progressing well.

Quality Assurance/Quality Control

Quality assurance and quality control procedures were implemented to ensure best practices in sampling and analysis of the soil samples. The samples were delivered, in secure tagged bags, directly to the ALS Minerals laboratory facility in Val-d’Or, Quebec. All samples are analyzed by aqua regia extraction with an inductively coupled plasma finish coupled with atomic emission spectroscopy (ICP-AES).

Qualified Persons

The field work was under the supervision of Jean-Sébastien Lavallée (OGQ #773), Vice-President Exploration and director of the Company. Normand Champigny, Ing., President and Chief Executive Officer, and Jean-Sébastien Lavallée, 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 new gold explorer with a large land position in the highly-prospective Eeyou Istchee James Bay region, Quebec, near Goldcorp’s Éléonore gold mine. QPM’s flagship project is the Sakami project with significant gold grades and well-defined drill-ready targets. QPM’s goal is to swiftly explore this project in order 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

Paradox Public Relations
Tel: 514 341-0408

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, Nov. 08, 2018 – Quebec Precious Metals Corporation (TSX.V: CJC, FSE: YXEN, OTC-BB: CJCFF) (“QPM” or the “Company”), the parent company of Matamec Explorations Inc. (“Matamec”) announces that they have signed an Agreement. Pursuant to this signature, QPM will issue an aggregate of 145,000 common shares in satisfaction of an aggregate of $88,450 of indebtedness at a deemed price of $0.61 per common share, indebtedness is owed to a service provider of Matamec.

The Company determined to satisfy the indebtedness, of its subsidiary, with common shares in order to preserve its cash for its existing operations.

The shares will be issued upon acceptance by the TSX Venture Exchange and approval by the directors of the Company. The common shares issued in satisfaction of the indebtedness will be subject to a four month hold period from the date of issuance.

About Quebec Precious Metals Corporation

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

Paradox Public Relations
Tel: 514 341-0408

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, October 29, 2018 – Quebec Precious Metals Corporation (TSX.V: CJC, FSE: YXEN, OTC-BB: CJCFF) (“QPM” or the “Company”) is pleased to announce the start of the fall 2018 exploration program at the Sakami gold project located in James Bay, Quebec (see Figure 1 attached). Recently the Company announced an important extension of the mineralized system (see September 10, 2018 press release) at the La Pointe area and intercepts of 3.22 g/t Au over 31.5 m (PT- 18-118) and 3.59 g/t Au over 27 m (PT-18-120).

The technical committee comprised of members from Goldcorp Inc. and QPM has designed and approved a $1.8 million budget for surface exploration and diamond drilling for the balance of 2018 and early 2019. QPM will advance the project through further surface work and drilling to better delineate this gold system. The program focusing on the La Pointe area, is underway and consists of the following activities: 

A minimum of 3,000 m of diamond drilling is planned to test down-plunge extensions at depth of the high grade zones defined as >40 g/t Au x drill intercepts (gram metres) identified following the winter 2018 drilling program and the existence of sub-parallel zones at shallower depths (see Figure 2 attached). 

Multi-element analytical work using the ICP method will be completed on 1.5 metre samples selected from drillholes in the central portion of the zone to: (1) improve the understanding of the spatial distribution of gold and associated metals including arsenic and antimony; and (2) map alteration assemblages and establish unaltered lithogeochemical suites in order to help with core logging and regional target recognition in the future.

Approximately 1,000 soil samples have been collected and are being analyzed for gold and pathfinder elements to test the potential presence of an extension to the La Pointe zone to the west.

Exploration potential

Diamond drilling to date on the La Pointe zone (127 holes, 22,700 m) has:

• outlined a large mineralized area of 800 m long by 450 m wide along dip and to a depth of 400 m below surface;
• confirmed a significant potential for further extending mineralization at depth and to the west; and
• defined two substantial gold zones (zones 25 and 26)  within the volcano-sedimentary Yasinski Group (La Grande Subprovince) which is metamorphosed to amphibolite facies and strongly deformed by a regional WSW to ENE event. This assemblage composed mainly of basaltic amphibolite with local sedimentary iron formations, is intruded by tonalitic intrusions that are very deformed as well. These units are is structurally superposed with a sequence mostly formed of biotite rich paragneiss.

In addition, exploration to date on the JR-Simon-9.6 area, located about 6 km NNE of the La Pointe area (see Figure 3, attached) has:

• outlined a 3.8 km by 1.5 km northeasterly trending gold soil geochemical anomaly; and
• identified many high-grade surface showings up to 28.75 g/t Au in grab samples presently untested by drilling. The mineralization is contained in basalts of the Yasinski Group in contact with sedimentary rocks of the Laguiche Group (Opinaca Subprovince) to the east.

The details of the exploration program on the JR-Simon-9.6 area will be finalized later this fall.

Qualified Persons

Normand Champigny, Ing., Chief Executive Officer and Jean-Sébastien Lavallée (OGQ #773), Vice-President Exploration of the Company and 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 new gold explorer with a large land position in the highly-prospective Eeyou Istchee James Bay region, Quebec, near Goldcorp’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

Paradox Public Relations
Tel: 514 341-0408

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, October 24, 2018 – Quebec Precious Metals Corporation (TSX.V: CJC, FSE: YXEN, OTC-BB: CJCFF) (“QPM” or the “Company”)is pleased to provide a message from its Chief Executive Officer, Normand Champigny:

“Since my joining and the creation of QPM, the focus has been on the planning of exploration activities on the 100% owned Sakami gold project, a large and unique asset. We began by reviewing all existing geological information. This was followed by the creation of a technical committee with Goldcorp Inc., our most significant shareholder. Following a field visit last September, an exploration plan for the fall and next winter was developed, approved and will be announced shortly. Our objective is to identify a multi-million ounce resource at Sakami and to advance the project towards realizing its full potential. We will also continue exploring and evaluating other projects in the Eeyou Istchee James Bay territory in Quebec.

While focusing on Sakami and exploring the region, the Company will monetize non-core assets. This has started with the sale of its 100% interests in the: (1) Tansim lithium project to Sayona Mining Limited, who is planning to drill later this year (see Sayona’s press release dated August 20, 2018); and (2) Somanike nickel project to VaniCom Limited.

We know there is considerable potential to find gold resources in the James Bay region. This is our goal. As we look to the future, we are concentrated on continually improving our understanding of the gold potential of this region while operating in a safe, environmentally responsible manner and working closely with the local Cree communities. This is how we will create significant value for shareholders and other stakeholders.”

About Quebec Precious Metals Corporation

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

Paradox Public Relations
Tel: 514 341-0408

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, September 18, 2018 – Quebec Precious Metals Corporation (TSX.V: CJC, FSE: YXEN, OTC-BB: CJCFF) (“QPM” or the “Company”) is pleased to announce the launch of its new corporate website at www.qpmcorp.ca, and the availability of its updated corporate presentation. The new website features up-to-date information on QPM’s projects as well as quick and easy access to detailed information regarding its management and board of directors, news releases as well as other relevant information.

About Quebec Precious Metals Corporation

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

Paradox Public Relations
Tel: 514 341-0408

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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Highlights of the 7,226 m 2018 drill campaign

• PT-18-116: 3.89 g/t Au over 14.9 m including 4.26 g/t Au over 11.9 m
  
• PT-18-118: 3.22 g/t Au over 31.5 m including 5.11 g/t Au over 15.0 m
  
• PT-18-120: 3.59 g/t Au over 27.0 m including 5.06 g/t Au over 15.0 m
  
• PT-18-127: ended at 502 m with 2.04 g/t Au over 2.5 m
  
• Drilling to date has outlined a mineralized area of 800 m long by 450 m wide along dip and to a depth of 400 m below surface.
  
• There is a significant potential for further extending mineralization at depth and to the west.
  

Montreal, September 10, 2018 – Quebec Precious Metals Corporation (TSX.V: CJC, FSE: YXEN, OTC-BB: CJCFF) (“QPM” or the “Company”) is pleased to provide an update on the 2018 exploration program on its 100% owned flagship Sakami project, and located in Eeyou Istchee James Bay, Quebec. Significant drill results for the entire program are provided in the table below; including drill coordinates, two figures and quality assurance and quality control information. A total of 7,226 m of drilling was completed in 21 drill holes. The last hole of the campaign (PT-18-127) ended in mineralization with 2.04 g/t Au over 2.5 m. This is one of the deepest holes drilled suggesting potential for further extending mineralization at depth. The possibility to re-enter the hole to test the full extent of the mineralization will be evaluated.

Table 1 – Mineralized intersections from drill program and drill hole coordinates
(last results received and reviewed in August 2018)

Hole	UTM E	UTM N	Length (m)	Azimuth	Dip	From (m)	To (m)	Interval (m)	Au g/t
PT-18-107	375310	5895040	312.0	3.4	-66	250.5	256.5	6.0	1.31
Including						253.5	256.5	3.0	1.74
PT-18-107						264.0	265.5	1.5	1.28
PT-18-107						289.5	291.0	1.5	1.49
PT-18-108	375213	5894986	363.0	2.0	-66	285.0	313.5	28.5	0.62
Including						304.5	313.5	9.0	1.13
Including						309.0	313.5	4.5	1.46
PT-18-108						319.5	325.5	6.0	1.23
PT-18-109A	375110	5895020	399.0	2.9	-69	295.5	358.5	63.0	1.10
Including						300.0	315.0	15.0	3.08
Including						304.5	309.0	4.5	5.31
Including						304.5	310.5	6.0	4.81
PT-18-110	375053	5894981	432.0	359.5	-64	343.5	354.0	10.5	1.78
Including						348.0	354.0	6.0	2.15
PT-18-111	375008	5894947	501.0	3.5	-68	385.5	390.0	4.5	3.25
PT-18-111						399.0	400.5	1.5	1.27
PT-18-111						415.5	418.5	3.0	2.42
PT-18-111						445.5	450.0	4.5	1.14
PT-18-112	375099	5894918	480.0	357.2	-70	403.5	415.5	12.0	0.81
PT-18-113	375162	5894871	472.5	357.9	-68	406.5	445.5	39.0	0.69
Including						406.5	411.0	4.5	2.98
PT-18-113						444.0	445.5	1.5	3.40
PT-18-114	375357	5894964	362.0	2.0	-64	286.5	309.0	22.5	1.00
Including						294.0	309.0	15.0	1.23
PT-18-115	375403	5894953	414.0	358.7	-66	270.0	277.5	7.5	1.59
PT-18-115						306.0	307.5	1.5	2.53
PT-18-115						412.5	414.0	1.5	3.16
PT-18-116	374962	5894910	485.0	352.7	-66	423.1	438.0	14.9	3.89
Including						423.1	435.0	11.9	4.26
PT-18-117	375402	5895126	213.0	3.0	-61	154.5	157.5	3.0	4.72
PT-18-118	375244	5895185	174.0	2.0	-55	103.5	135.0	31.5	3.22
Including						106.5	135.0	28.5	3.47
Including						112.5	127.5	15.0	5.11
Including						114.0	120.0	6.0	6.66
PT-18-119	375216	5895202	193.5	357.4	-52	115.5	117.0	1.5	1.09
PT-18-119						124.5	136.5	12.0	1.49
PT-18-119						142.5	151.5	9.0	1.34
PT-18-119						163.5	165.0	1.5	1.15
PT-18-120	375216	5895202	204.0	357.4	-65	117.0	144.0	27.0	3.59
Including						118.5	133.5	15.0	5.06
Including						118.5	129.0	10.5	6.12
PT-18-120						201.0	204.0	3.0	1.43
PT-18-121	375167	5895181	240.0	346.8	-61	150.0	178.5	28.5	0.98
Including						150.0	156.0	6.0	2.05
PT-18-122	375088	5895144	279.0	2.0	-64	217.5	235.5	18.0	2.05
Including						220.5	231.0	10.5	2.41
PT-18-123	375366	5895154	171.0	8.4	-60	112.5	117.0	4.5	1.10
PT-18-123						133.5	135.0	1.5	2.67
PT-18-124	375461	5895088	327.0	358.0	-74	148.5	178.5	30.0	0.99
Including						148.5	156.0	7.5	1.45
Including						169.5	178.5	9.0	1.57
PT-18-124						232.5	238.5	6.0	2.38
PT-18-125	375258	5894999	339.0	356.1	-63	277.5	280.5	3.0	1.49
PT-18-125						295.5	304.5	9.0	1.78
Including						301.5	304.5	3.0	3.70
PT-18-125						316.5	319.5	3.0	1.40
PT-18-126	375307	5894971	354.0	358.4	-64	289.5	309.0	19.5	2.17
Including						289.5	300.0	10.5	3.12
PT-18-126						333.0	336.0	3.0	2.15
PT-18-127	374910	5894910	512.1	353.3	-69	467.2	512.1	44.9	0.59
Including						471.0	480.0	9.0	1.04
Including						499.5	502.0	2.5	2.04

Footnotes:
1. True widths are estimated based on drill angle and interpreted geometry of mineralization and range from 70% to 95% of the drilled length.
2. All gold values are uncut.

Figure 1 – Plan view of the La Pointe area

Figure 2 – North-south cross section, looking east, of the La Pointe area

The technical committee comprised of members from Goldcorp Inc. (“Goldcorp”) and QPM has held recently its first meeting to review the 2018 results and will carry of a field visit shortly to plan and approve the next exploration and expansion drilling program at Sakami as well as benefit from Goldcorp’s technical expertise and knowledge.

The 2018 drilling program was designed based on the recommendations presented in the NI 43-101 technical report prepared by SGS Canada Inc. for Canada Strategic Metals Inc. (now and Matamec Explorations Inc. (now the Company) with a date of issue of November 24, 2017. The program was managed by Consul-Teck Exploration Minière Inc. of Val-d’Or, Quebec who supervised the program and logged and sampled the core.

About Quebec Precious Metals Corporation

QPM is a new gold explorer with a large land position in the highly-prospective Eeyou IstcheeJames Bay region, Quebec, near Goldcorp’s Éléonore gold mine. QPM’s flagship project is the Sakami project with significant grades and well-defined drill-ready targets, to advance rapidly to the mineral resource estimate stage.

Quality Assurance/Quality Control

Quality assurance and quality control procedures were implemented to ensure best practices in sampling and analysis of the core samples. The drill core was logged and then split, with one-half sent for assay and the other retained in the core box as a witness sample. Duplicates, standards and blanks were inserted regularly into the sample stream. The samples were delivered, in secure tagged bags, directly the ALS Minerals laboratory facility in Val-d’Or, Quebec. The samples are weighed and identified prior to sample preparation. All samples are analyzed by fire assay with AA finish on a 30 g sample (0.005-10 ppm Au), with a gravimetric finish for assays over 10 ppm Au.

Qualified Person

Jean-Sébastien Lavallée (OGQ #773), géo., Vice-President Exploration of the Company and a “qualified person” as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects, has reviewed and approved the technical content of this release.

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

Paradox Public Relations
Tel: 514 341-0408

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, July 12, 2018 – Quebec Precious Metals Corporation (the “Company”) (TSX.V: CJC; FSE: YXEN; OTC-BB: CJCFF) confirms that its number of issued and outstanding common shares following the arrangement that was completed on June 27, 2018 (see press release dated June 28, 2018) (the “Arrangement”) is 44,835,558 common shares rather than 72,687,333 common shares. The latter number is incorrect, in that it did not take into account the prior consolidation of the share capital of Matamec Explorations Inc. (“Matamec”), one of the parties to the Arrangement.

As a consequence, an incorrect number of common shares of the Company was deposited in the brokerage accounts of former beneficial shareholders of Matamec, with the result that such former beneficial shareholders received a greater number of common shares of the Company than they were entitled to in accordance with the Arrangement. The number of common shares has now been adjusted to reflect the prior consolidation of the share capital of Matamec. The Company has been informed that trades in the Company’s common shares by former beneficial shareholders of Matamec, completed on the secondary market between July 5 and July 9, 2018, will stand, following a review of the matter by the Investment Industry Regulatory Organization of Canada (IIROC).

The Company invites former beneficial shareholders of Matamec to consult their registered securities dealers in order to confirm their respective positions in shares of the Company before engaging in further trades.

Filing of Early Warning Report by the Company

The Company also announces that on June 27, 2018, the Company acquired all of the issued and outstanding common shares of Matamec (the “Acquired Shares“). In connection with the Arrangement, Matamec shareholders received 0.267697315 of a common share of the Company (on a post-consolidation basis) in exchange for each common share of Matamec (on a post-consolidated basis as per the terms of the Arrangement). As part the Arrangement, the common shares of Canada Strategic Metals Inc. (now, the Company) and the common shares of Matamec were each consolidated on the basis of one post-consolidation share for every 4.16 pre-consolidation shares then issued and outstanding.

Shareholders of Matamec approved the Arrangement at an annual and special meeting of shareholders held on June 14, 2018. The Superior Court of Québec approved the Plan of Arrangement on June 18, 2018. The Arrangement was effective as of June 27, 2018, following the filing of Articles of Arrangement and the receipt from the Registraire des entreprises du Québec of a Certificate of Arrangement.

Prior to the acquisition of the Acquired Shares, the Company did not own any common shares of Matamec. As a result of the acquisition of the Acquired Shares, the Company owns 10,847,805 common shares of Matamec, representing 100% of the outstanding common shares of Matamec.

A copy of the early warning report filed by the Company in connection with a business combination by way of Plan of Arrangement is available on Matamec’s SEDAR profile at www.sedar.com. This announcement is made under the early warning provisions of Canadian securities legislation.

About Quebec Precious Metals Corporation

Quebec Precious Metals is a well-capitalized company with a large land position and significant holdings in the highly-prospective Eeyou Istchee James Bay region, Québec, near Goldcorp’s Éléonore gold mine. The land package contains high-quality early stage exploration gold targets.

For more information on Quebec Precious Metals Corporation, contact:

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

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

Paradox Public Relations
Tel: 514 341-0408

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.