1. LAC MISTUMIS LITHIUM PROPERTY
• Figure 1
•Lac Mistumis Lithium Property consists of 52 concurrent mining claims approximately covering 1,587.43 hectares area in the Territory of Eeyou Istchee in the James Bay area, Quebec, Canada. Its located approximately 364 km north of Chibougamau via Route du North and Eastmain 1 Road and lies roughly 6 km west of Eastmain 1 Road.
• Located in a premier mining jurisdiction in Quebec, Air service is available 55 km south of the Property at the Nemiscau Airport, Port facilities are found in Eastmain, located 245 km northeast of the Property, and the closest railroad is in Chibougamau. Conveniently located between two major Hydro Quebec transmission lines.
•The Property is located in a lithium-rich geologic subprovince, which overlies the Eastmain Greenstone Belt and is mainly underlain by the Archean granodiorites, pegmatites, and monzogranites of the Mistumis Batholith and by the northwest-southeast trending Lac Esprit diabase dyke.
•Proximal to Li-bearing pegmatites of relatively homogenous granitic intrusives (e.g., Mistumis Pluton)
•The property claims are adjacent to the west of Rose Lithium project of Critical Elements Lithium Corporation (Figure 2). The Rose project has Probable Reserves of 26.8 million tonnes at 0.96% lithoim oxide equivalent (Li2O Eq.), or indicated resource of 30 million tonnes at 1.04% Li2O Eq. (Source: https://www.cecorp.ca/en/projects/rose-lithiumtantalum/)
•The known LCT pegmatites are in a poorly mapped and under explored area with occurrences of lepidolite (lithium mica), which allows Quantum to potentially uncover untapped resources.
Cautionary Note: Investors are cautioned that the above information regarding the adjacent property has been taken from the Quebec Government’s database at following websites: Géologie Québec - Results of the query (gouv.qc.ca), Critical Elements Lithium Corporation’s website. The author has not verified the information and the information is not necessarily indicative of the mineralization on the Property.
2. ALBA QUEBEC LITHIUM
3. KELSO QUEBEC LITHIUM