# Quebec Precious Metals Congratulates Harfang Exploration on Its High-Grade Gold Discoveries near the Sakami Project and Provides Update on Gold and Lithium Exploration Initiatives in James Bay Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/quebec-precious-metals-congratulates-harfang-exploration-on-its-high-grade-gold--a861cde4-8a7b-4025-81d6-2375926646cf Original source: https://money.tmx.com/en/quote/QPM/news/8883447493099243/quebec-precious-metals-congratulates-harfang-exploration-on-its-high-grade-gold- Publisher: tmx Original announcement: 2024-09-19T11:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - 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 19:18:14 UTC Narrative sentiment: 0.40 · Bullish ## Minestarters Atlas summary Quebec Precious Metals provided an update on its gold and lithium exploration initiatives in James Bay, Quebec. The company highlighted the positive impact of high-grade gold discoveries by adjacent Harfang Exploration and announced an upcoming diamond drilling program at the Elmer East lithium project. Reasoning: The release is primarily a corporate update providing exploration progress and congratulating a neighbor, which serves to reinforce the value of the company's own Sakami project through proximity \(nearology\). - Positive factor: High-grade gold discoveries by adjacent Harfang Exploration reinforce Sakami prospectivity - Positive factor: Upcoming diamond drilling program at Elmer East for lithium - Positive factor: Financial assistance received from MRNF Facts used in scoring: 6 ## Classification and evidence **Nearology Play** Polarity: neutral Story-specific tag Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: The release highlights high-grade discoveries by Harfang Exploration located adjacent to QPM's Sakami project, reinforcing prospectivity. Evidence · text > Harfang's discoveries are located adjacent to QPM's Sakami project. ## Extracted facts Stored fact records: 6. Some facts used in scoring do not have a stored record. ## Drill Results (6) ### Fact 1 [Link to this fact](https://atlas-extractions.minestarters.com/news/quebec-precious-metals-congratulates-harfang-exploration-on-its-high-grade-gold--a861cde4-8a7b-4025-81d6-2375926646cf#fact-drill-facts-0) Sakami · gold Needs review: drill\_no\_hole\_id #### 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 #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2024-09-19T00:00:00.000Z Reasoning: High-grade drill intercept reported at Sakami. - Positive factor: Exceptional high-grade intercept Evidence · text > up to 120.4 g/t Au over 0.45 m \(drillhole\) #### 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 ### Fact 2 [Link to this fact](https://atlas-extractions.minestarters.com/news/quebec-precious-metals-congratulates-harfang-exploration-on-its-high-grade-gold--a861cde4-8a7b-4025-81d6-2375926646cf#fact-drill-facts-1) Sakami · gold #### Identity - Project: Sakami - Commodity: gold - Region: canada\_qc - Reported Region: canada\_qc - Ticker: QPM #### Geometry - Grade: 48.93 - Grade Unit: g/t - Intercept: 1 m #### Classification - Sample Type: channel #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2024-09-19T00:00:00.000Z Reasoning: High-grade channel sample reported at Sakami. - Positive factor: Strong channel sample grade Evidence · text > up to 48.93 g/t Au over 1.0 m \(channel sample\) #### 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 ### Fact 3 [Link to this fact](https://atlas-extractions.minestarters.com/news/quebec-precious-metals-congratulates-harfang-exploration-on-its-high-grade-gold--a861cde4-8a7b-4025-81d6-2375926646cf#fact-drill-facts-2) Sakami · gold #### Identity - Project: Sakami - Commodity: gold - Region: canada\_qc - Reported Region: canada\_qc - Ticker: QPM #### Geometry - Grade: 62.92 - Grade Unit: g/t #### Classification - Sample Type: surface #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2024-09-19T00:00:00.000Z Reasoning: High-grade grab sample reported at Sakami. - Positive factor: High-grade grab sample Evidence · text > up to 62.92 g/t Au \(grab sample\) #### 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 ### Fact 4 [Link to this fact](https://atlas-extractions.minestarters.com/news/quebec-precious-metals-congratulates-harfang-exploration-on-its-high-grade-gold--a861cde4-8a7b-4025-81d6-2375926646cf#fact-drill-facts-3) Sakami · gold Needs review: drill\_no\_hole\_id #### 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 #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2024-09-19T00:00:00.000Z Reasoning: Wide low-grade intercept reported at Sakami. - Positive factor: Significant width Evidence · text > intercepts up to 1.15 g/t Au over 80.1 m #### 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 ### Fact 5 [Link to this fact](https://atlas-extractions.minestarters.com/news/quebec-precious-metals-congratulates-harfang-exploration-on-its-high-grade-gold--a861cde4-8a7b-4025-81d6-2375926646cf#fact-drill-facts-4) Sakami · gold Needs review: drill\_no\_hole\_id #### 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 #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2024-09-19T00:00:00.000Z Reasoning: Moderate grade intercept reported at Sakami. - Positive factor: Good width Evidence · text > including 2.21 g/t Au over 24.85 m #### 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 ### Fact 6 [Link to this fact](https://atlas-extractions.minestarters.com/news/quebec-precious-metals-congratulates-harfang-exploration-on-its-high-grade-gold--a861cde4-8a7b-4025-81d6-2375926646cf#fact-drill-facts-5) Ninaaskuwumin · lithium #### Identity - Project: Ninaaskuwumin - Commodity: lithium - Region: canada\_qc - Reported Region: canada\_qc - Ticker: QPM #### Geometry - Grade: 3.92 - Grade Unit: % #### Classification - Sample Type: surface #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2024-09-19T00:00:00.000Z Reasoning: High grade lithium grab sample reported at Ninaaskuwumin. - Positive factor: High grade lithium grab sample Evidence · text > grab sample showed a range from 1.10% to 3.92% Li 2 O #### 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 ## 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.