QPM is a gold explorer with a large land position in the highly prospective James Bay territory, Quebec, near Newmont Corporation’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 the Sakami project and advance to the mineral resource estimate stage.
Junior explorer Quebec Precious Metals Corp. is focusing on gold in its project in the James Bay territory of Quebec and selling off its non-core properties. It hopes to complete a mineral resource estimate by the end of the third quarter.
The James Bay territory in northern Quebec is rich in metals, especially gold. One large mine and a few smaller ones are in production and now the race is on to drill off enough ounces to determine where the next mines will be.
One of the hottest regions for gold exploration in Canada is the James Bay Lowlands, where several significant gold discoveries have already been made and one has become one of the country’s largest primary gold mines. One junior seeks to take its discovery to the next level, and recent drilling suggests it is on the right path.
Quebec Precious Metals Corporation (QPM) has set the resource bar at 2 million ounces. QPM management believes that's the minimum threshold necessary to attract the interest of major gold producers. The initial resource estimate at Sakami, set to hit the market late in 2021, will tell the tale.read more >
Chris Temple, editor and publisher of The National Investor, explains why he believes Quebec Precious Metals has outsized potential.read more >
Chris Temple, The National Investor
"We have a Buy recommendation on Quebec Precious Metals Corp."
4/4/2023 – Quebec Precious Metals looks to unlock lithium potential at James Bay projects
5/26/2022 – Quebec Precious Metals drills La Pointe Extension: 0.84 g/t Au Over 63 m Downhole, Higher-Grade Core Extended +200 m at Depth, Open in All Directions
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