# QMC to Initiate Process of Mineralogical Testing at Irgon Lithium Mine Project Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/qmc-to-initiate-process-of-mineralogical-testing-at-irgon-lithium-mine-project--b4ff1208-0d7f-4940-bcc0-ba4e1cbc84b2 Original source: https://money.tmx.com/en/quote/QMC/news/6895269605101835/qmc-to-initiate-process-of-mineralogical-testing-at-irgon-lithium-mine-project Publisher: tmx Original announcement: 2019-01-22T15:26:31.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Quantum Minerals Corp. - Ticker: QMC - Exchange: TSX - Region: Manitoba - Primary commodity: Lithium - Secondary commodities: Cesium, Rubidium - Document categories: Metallurgy, Resource update - Extracted: 2026-09-16 19:25:50 UTC Narrative sentiment: 0.20 · Bullish ## Minestarters Atlas summary QMC is initiating preliminary metallurgical testing with SGS Canada at the Irgon Lithium Mine Project, targeting a saleable concentrate via DMS and flotation. The company also reported successful MMI geochemical survey results identifying new anomalies and provided details on a historical, non-compliant lithium resource from the 1950s. Reasoning: The company is advancing towards metallurgical testing and has identified new geochemical anomalies, though the primary resource data is historical and non-compliant. - Positive factor: Planned metallurgical testing with SGS Canada - Positive factor: Successful MMI geochemical survey identifying new anomalies - Positive factor: Historical resource provides a baseline for exploration - Negative factor: Historical resource is non-compliant with NI 43-101 - Negative factor: New anomalies are unproven and lack surface expression Facts used in scoring: 2 ## Classification and evidence **Historical Estimate Only** Polarity: negative Definition: Estimate pre-dates or does not comply with current JORC/NI 43-101 standards — requires verification drilling. Why it applies: The resource estimate provided is from 1953-1954 and does not comply with current NI 43-101 standards. Evidence · text > This historical estimate is believed to be based on reasonable assumptions, but it was calculated prior to the implementation of National Instrument 43-101. **Mill Route** Polarity: neutral Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\). Why it applies: The company envisions a three-stage process including DMS and flotation. Evidence · text > The final phase will be to upgrade the lithium concentrate through flotation technology **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: Bruce E. Goad, P. Geo. is named as the Qualified Person. Evidence · text > The technical content of this news release has been reviewed and approved by Bruce E. Goad, P. Geo., who is a qualified person **Gravity Route** Polarity: neutral Definition: Gravity separation forms a material part of the flowsheet. Why it applies: the document describes a gravity route \("dense media separation"\) **Single Domain Only** Polarity: negative Definition: Testing limited to one composite or domain — representativeness not established. Why it applies: only one composite was tested ## Extracted facts Stored fact records: 2. Some facts used in scoring do not have a stored record. ## Resource Estimates (1) ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/qmc-to-initiate-process-of-mineralogical-testing-at-irgon-lithium-mine-project--b4ff1208-0d7f-4940-bcc0-ba4e1cbc84b2#fact-resource-facts-1) Irgon Lithium Mine Project · lithium Historical result Needs review: historical\_restatement #### Identity - Project: Irgon Lithium Mine Project - Commodity: lithium - Region: canada\_mb - Reported Region: Manitoba - Ticker: QMC #### Resource scope - Estimate type: resource - Resource group id: resource:ac41cd82b40b6091f2c2 #### Resource Data - Category: inferred - Tonnes: 1200000 - Grade: 1.51 - Grade Unit: % Li2O #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 1955-08-04T00:00:00.000Z #### Dates - Event date: 2019-01-22T00:00:00.000Z Reasoning: The resource is historical and lacks modern technical validation. - Negative factor: Non-compliant with NI 43-101 - Negative factor: Historical data Evidence · text > reported a historical resource estimate of 1.2 million tons grading 1.51% Li20 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 63.5 years before this release ## Metallurgical Results (1) ### unspecified [Link to this fact](https://atlas-extractions.minestarters.com/news/qmc-to-initiate-process-of-mineralogical-testing-at-irgon-lithium-mine-project--b4ff1208-0d7f-4940-bcc0-ba4e1cbc84b2#fact-metallurgical-facts-0) Irgon Lithium Mine Project · lithium Historical result Needs review: historical\_restatement #### Identity - Project: Irgon Lithium Mine Project - Commodity: lithium - Region: canada\_mb - Reported Region: Manitoba - Ticker: QMC #### Test Work - Program Status: scoping - Test Type: unspecified - Processing Route: dense media separation \(DMS\) and flotation - Sample: large lithium pegmatite sample #### Recovery - Recovery: 87 % - Recovery Basis: actual\_test - Conc. Grade: 5.9 - Conc. Grade Unit: % Li2O #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes #### Dates - Event date: 2019-01-22T00:00:00.000Z Reasoning: Historical recovery data is provided for context but is not current. - Negative factor: Historical data from 1950s Evidence · text > Historic metallurgical tests reported an 87% recovery from which a concentrate averaging 5.9% Li2O was obtained. #### Tags used in scoring **Mill Route** Polarity: neutral Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\). Why it applies: processing\_route matches the flotation signal **Gravity Route** Polarity: neutral Definition: Gravity separation forms a material part of the flowsheet. Why it applies: processing\_route matches the gravity signal **High Recovery** Polarity: positive Definition: Recovery at or above the exceptional band for the commodity and processing route. Why it applies: 87% is at or above the exceptional band \(80%\) ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.