Quebec Precious Metals and Harfang Exploration Jointly Identify High-Priority Gold and Lithium Drill Targets on their Sakami and Serpent-Radisson Projects, James Bay Region, Quebec

Original announcement by tmx on

Company
Quebec Precious Metals Corporation
Ticker
QPM
Exchange
TSX
Region
Quebec
Primary commodity
Gold
Secondary commodities
Lithium
Document categories
Drill results, Other
Extracted
2026-09-16 19:23:30 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Quebec Precious Metals and Harfang Exploration have completed a joint targeting study on the Sakami and Serpent-Radisson projects in Quebec. The study identified 12 new gold and lithium drill targets, highlighting high-grade gold intercepts and spodumene showings.

Reasoning: The announcement details a joint targeting study that identifies new drill targets and highlights high-grade historical/recent intercepts, though it is a study summary rather than a new assay campaign.

Positive factors

  • Identification of 12 new drill targets
  • High-grade gold grab and channel samples reported
  • Lithium spodumene showings identified
  • Strategic collaboration between two exploration companies

Facts used in scoring: 7

Classification and evidence

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: Projects are located near Newmont Corporation's Éléonore gold mine.

Evidence · text

“near Newmont Corporation's Éléonore gold mine”

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: The study identified 12 priority targets including 3 high-priority targets for follow-up drilling.

Evidence · text

“The identification of 12 priority gold and lithium targets including 3 high-priority targets”

Extracted facts

Stored fact records: 7. Some facts used in scoring do not have a stored record.

Drill Results (7)

Fact 1Sakami · goldGrade: 120.4Grade Unit: g/tIntercept: 0.45 mNeeds review: drill_no_hole_idView all details
Link to this fact

Identity

Project
Sakami
Commodity
gold
Region
canada_qc
Reported Region
canada_qc
Ticker
QPM

Geometry

Grade
120.4
Grade Unit
g/t
Intercept
0.45 m

Classification

Sample Type
drill

QA/QC

QP Signed
Yes

Review

Needs Review
Yes
Review Reason
drill_no_hole_id
Interp. Status
scored
Historical
No

Dates

Event date
2024-04-03T00:00:00.000Z

Reasoning: High grade drillhole intercept reported.

Positive factors

  • Very high grade intercept

Evidence · text

“up to 120.4 g/t Au over 0.45 m (drillhole)”

Tags used in scoring

No QA/QC Disclosurenegative

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 Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Fact 2Sakami · goldGrade: 2.21Grade Unit: g/tIntercept: 24.85 mNeeds review: drill_no_hole_idView all details
Link to this fact

Identity

Project
Sakami
Commodity
gold
Region
canada_qc
Reported Region
canada_qc
Ticker
QPM

Geometry

Grade
2.21
Grade Unit
g/t
Intercept
24.85 m

Classification

Sample Type
drill

QA/QC

QP Signed
Yes

Review

Needs Review
Yes
Review Reason
drill_no_hole_id
Interp. Status
scored
Historical
No

Dates

Event date
2024-04-03T00:00:00.000Z

Reasoning: Strong intercept reported within the La Pointe deposits.

Positive factors

  • Significant width at decent grade

Evidence · text

“including 2.21 g/t Au over 24.85 m”

Tags used in scoring

No QA/QC Disclosurenegative

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 Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Fact 3Sakami · goldGrade: 1.15Grade Unit: g/tIntercept: 80.1 mNeeds review: drill_no_hole_idView all details
Link to this fact

Identity

Project
Sakami
Commodity
gold
Region
canada_qc
Reported Region
canada_qc
Ticker
QPM

Geometry

Grade
1.15
Grade Unit
g/t
Intercept
80.1 m

Classification

Sample Type
drill

QA/QC

QP Signed
Yes

Review

Needs Review
Yes
Review Reason
drill_no_hole_id
Interp. Status
scored
Historical
No

Dates

Event date
2024-04-03T00:00:00.000Z

Reasoning: Wide low-grade intercept reported.

Positive factors

  • Very wide intercept

Evidence · text

“intercepts up to 1.15 g/t Au over 80.1 m”

Tags used in scoring

No QA/QC Disclosurenegative

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 Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Fact 4Serpent-Radisson · goldGrade: 7.78Grade Unit: g/tIntercept: 6.15 mView all details
Link to this fact

Identity

Project
Serpent-Radisson
Commodity
gold
Region
canada_qc
Reported Region
canada_qc
Ticker
QPM

Geometry

Grade
7.78
Grade Unit
g/t
Intercept
6.15 m

Classification

Sample Type
channel

QA/QC

QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-04-03T00:00:00.000Z

Reasoning: High grade channel sample reported.

Positive factors

  • Strong channel sample grade

Evidence · text

“up to 7.78 g/t Au over 6.15 m (channel sample)”

Tags used in scoring

No QA/QC Disclosurenegative

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 Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Fact 5Serpent-Radisson · goldGrade: 2.52Grade Unit: g/tIntercept: 19.65 mNeeds review: drill_no_hole_idView all details
Link to this fact

Identity

Project
Serpent-Radisson
Commodity
gold
Region
canada_qc
Reported Region
canada_qc
Ticker
QPM

Geometry

Grade
2.52
Grade Unit
g/t
Intercept
19.65 m

Classification

Sample Type
drill

QA/QC

QP Signed
Yes

Review

Needs Review
Yes
Review Reason
drill_no_hole_id
Interp. Status
scored
Historical
No

Dates

Event date
2024-04-03T00:00:00.000Z

Reasoning: Drillhole intercept reported.

Positive factors

  • Good grade and width

Evidence · text

“up to 2.52 g/t Au over 19.65 m”

Tags used in scoring

No QA/QC Disclosurenegative

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 Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Fact 6Serpent-Radisson · goldGrade: 1.64Grade Unit: g/tIntercept: 22.4 mNeeds review: drill_no_hole_idView all details
Link to this fact

Identity

Project
Serpent-Radisson
Commodity
gold
Region
canada_qc
Reported Region
canada_qc
Ticker
QPM

Geometry

Grade
1.64
Grade Unit
g/t
Intercept
22.4 m

Classification

Sample Type
drill

QA/QC

QP Signed
Yes

Review

Needs Review
Yes
Review Reason
drill_no_hole_id
Interp. Status
scored
Historical
No

Dates

Event date
2024-04-03T00:00:00.000Z

Reasoning: Drillhole intercept reported.

Positive factors

  • Good width

Evidence · text

“1.64 g/t Au over 22.40 m (drillhole)”

Tags used in scoring

No QA/QC Disclosurenegative

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 Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Fact 7Serpent-Radisson · lithiumGrade: 4.56Grade Unit: %View all details
Link to this fact

Identity

Project
Serpent-Radisson
Commodity
lithium
Region
canada_qc
Reported Region
canada_qc
Ticker
QPM

Geometry

Grade
4.56
Grade Unit
%

Classification

Sample Type
surface

QA/QC

QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-04-03T00:00:00.000Z

Reasoning: High grade lithium grab sample reported.

Positive factors

  • High grade lithium grab sample

Evidence · text

“up to 4.56% Li 2 O (grab sample)”

Tags used in scoring

No QA/QC Disclosurenegative

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 Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

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.