The Conversation (0)
(TheNewswire)
 | |||||||||
Vancouver, BC TheNewswire - August 14, 2025 Quantum Critical Metals Corp. (TSX.V: LEAP | OTCQB: ATOXF | FSE: 86A1) ("Quantum" or the "Company") is pleased to announce it has received an optical mineralogy report on two hand samples collected from metric angular blocks on its NMX East Project in Northern Québec . The report, prepared by PMC Laboratory, documents the mineralogical characteristics of two samples identified as metamorphosed mafic-ultramafic intrusive rocks. This new information is consistent with the Company's understanding that its NMX property is related to the Bande du Lac des Montagnes ("BLM") formation. The BLM formation east from the property contain the Ni-PGE mineralization that are intercepted by Power Metallic Mines Ltd. (TSXV-PNPN).
A recent field visit confirmed a 1 km long, east-west trending amphibolite boulder field with angular, metric-scale blocks. This trend is associated with a magnetic anomaly. Further exploration will be conducted to confirm this.
The NMX East Project is in the continuity of the Power Metallic Mines Ltd. (TSXV-PNPN) property near the Nisk deposit which contains lithium and Ni-PGE. The Nisk deposit is held by Power Metallic and is hosted within the Bande du Lac des Montagnes ("BLM"), ( a volcano-sedimentary belt that includes paragneiss, orthogneiss, amphibolite, and mafic volcanic rocks ). The Nisk deposit mineralization is found within an elongated ultramafic body. This ultramafic intrusion is a layered mafic-ultramafic complex comprising pyroxenite, peridotite, and serpentinized dunite. The mineralized zone at the base of the serpentinized dunite is characterized by semi-massive to massive sulphide accumulations, which are typical of magmatic Ni-Cu-Co-PGE systems.
Next Steps
It is recommended that Quantum conduct a very high-resolution magnetic and EM-VLF survey on the NMX East Project with advanced laser magnetometer sensors, which are more accurate and smaller than existing magnetic sensors and allow for lower-height flights and the measurement of shorter anomaly wavelengths that are typically not visible in traditional surveys.
Qualified Person
George M. Yordanov, P.Geo., a consultant to the Company, is the Qualified Person who has reviewed and approved the scientific and technical disclosure in this news release .
CEO Marcy Kiesman stated:
"Verification of the presence of mafic-ultramafic rocks at surface on the NMX East Property is great news for Quantum shareholders. It appears that the rock formation could be associated with the BLM Group which is step one for ultramafic rock potential in the southern half of the property. We are in the process of expediting an EM-VLF survey on the property to further investigate Ni-PGE potential at NMX East."
About Quantum Critical Metals Corp.
Quantum Critical Metals Corp. (TSX.V: LEAP) (OTCQB: ATOXF) (FSE: 86A1) is a Canadian mineral exploration company focused on advancing critical metals projects that power next-generation technologies. With a growing portfolio of promising assets—including the NMX East Gallium-Rubidium-Cesium Project in Québec, the Discovery Gallium-Rubidium-Cesium and polymetallic project in Qu é bec, the Victory Antimony Project in British Columbia, and the newly acquired Prophecy Germanium-Gallium- Zinc Project in British Columbia, among others, the Company is strategically positioned to support the West's transition to a secure and sustainable critical metals supply.
To stay updated on Quantum's latest developments, sign up for our mailing list and visit www.quantumcriticalmetals.com and www.sedarplus.com .
Marcy Kiesman, CEO
Telephone: 604.428.2900 or 604.339.2243
Email: marcykiesman@qcriticalmetal.com
Website: www.quantumcriticalmetals.com
Forward-Looking Statements
This news release contains "forward‐looking information or statements" within the meaning of applicable securities laws, which may include, without limitation, statements that address the upcoming work programs, and other statements relating to the business, financial and technical prospects of the Company. All statements in this news release, other than statements of historical facts that address events or developments that the Company expects to occur, are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements.
Such forward-looking information reflects the Company's views with respect to future events and is subject to risks, uncertainties and assumptions, including those filed under the Company's profile on SEDAR at www.sedarplus.com . Factors that could cause actual results to differ materially from those in forward-looking statements include, but are not limited to, continued availability of capital and financing and general economic, market or business conditions. The Company does not undertake to update forward‐looking statements or forward‐looking information, except as required by law.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Copyright (c) 2025 TheNewswire - All rights reserved.
