# QMC Visualizes Spodumene as Diamond Drilling Continues at the Irgon Lithium Mine Project Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/qmc-visualizes-spodumene-as-diamond-drilling-continues-at-the-irgon-lithium-mine--d824f56e-c115-48c8-bb62-1cae2d295066 Original source: https://money.tmx.com/en/quote/QMC/news/4958041019497183/qmc-visualizes-spodumene-as-diamond-drilling-continues-at-the-irgon-lithium-mine Publisher: tmx Original announcement: 2019-02-27T13:51:33.000Z 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: None reported - Document categories: Drill results, Resource update - Extracted: 2026-09-16 20:01:35 UTC Narrative sentiment: 0.30 · Bullish ## Minestarters Atlas summary Quantum Minerals Corp. has completed the first phase of a 12-hole diamond drilling program at the Irgon Lithium Mine Project in Manitoba. The program aims to confirm historic 1950s-era lithium resources and test a westward extension of the Irgon Dike, with an updated NI 43-101 compliant resource estimate expected following assay results. Reasoning: The company is executing a two-phase drill program to confirm and expand a historic lithium resource. While no new assay grades are reported, the visual confirmation of spodumene and the intent to produce a compliant NI 43-101 resource are positive exploration signals. - Positive factor: Visual spodumene observed on-site - Positive factor: Drill program designed to expand historic resource - Positive factor: QP sign-off on technical content - Negative factor: Current results are pending assays - Negative factor: Historic resource is non-compliant with NI 43-101 Facts used in scoring: 2 ## Classification and evidence **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: Technical content reviewed and approved by a Qualified Person \(Bruce E. Goad, P. Geo.\) 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 as defined by National Instrument 43-101. **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 release discusses a 1953/54 resource that does not comply with current NI 43-101 standards. Evidence · text > These historical estimates do not meet current standards as defined by sections 1.2 and 1.3 of NI 43-101 **Step-Out Extension** Polarity: positive Definition: Mineralization extended beyond the previously known limit. Why it applies: Drilling is targeting the Western Extension of the Irgon Dike to test new pegmatites. Evidence · text > The remaining four proposed holes will chase the Irgon Dike westward... to test the spodumene-bearing pegmatites identified as the Western Extension ## Extracted facts Stored fact records: 2. Some facts used in scoring do not have a stored record. ## Drill Results (1) ### Fact 1 [Link to this fact](https://atlas-extractions.minestarters.com/news/qmc-visualizes-spodumene-as-diamond-drilling-continues-at-the-irgon-lithium-mine--d824f56e-c115-48c8-bb62-1cae2d295066#fact-drill-facts-0) Irgon Lithium Mine · lithium Needs review: drill\_no\_hole\_id #### Identity - Project: Irgon Lithium Mine - Commodity: lithium - Region: canada\_mb - Reported Region: canada\_mb - Ticker: QMC #### Classification - Program: exploration - Sample Type: drill #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2019-02-27T00:00:00.000Z Reasoning: Phase One drilling \(1500m in 12 holes\) is underway to confirm historic grades and test extensions; visual spodumene is a positive indicator. - Positive factor: Visual spodumene reported on-site Evidence · text > Phase One of the QMC program consists of 1500m of NQ drilling in 12 holes. #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **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 ## Resource Estimates (1) ### Fact 1 [Link to this fact](https://atlas-extractions.minestarters.com/news/qmc-visualizes-spodumene-as-diamond-drilling-continues-at-the-irgon-lithium-mine--d824f56e-c115-48c8-bb62-1cae2d295066#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:8f9429cea14c703ab6cc #### Resource Data - 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: 2019-02-27T00:00:00.000Z Reasoning: The 1.2 Mt @ 1.51% Li2O resource is a historical estimate from the 1950s and does not meet current reporting standards. - Negative factor: Non-compliant with NI 43-101 Evidence · text > reported a historical resource estimate of 1.2 million tons grading 1.51% Li20 over a strike length of 365 meters #### Tags used in scoring **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 63.6 years before this release ## 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.