Vancouver, British Columbia–(Newsfile Corp. – August 1, 2024) – Quantum Battery Metals Corp. (CSE: QBAT) (OTC Pink: BRVVF) (FSE: 23B0) (“Quantum” or the “Company”), is excited to unveil its comprehensive and strategic 2024 exploration program for the Kahuna Property, marking a pivotal advancement in its ongoing efforts to enhance and expand its cobalt assets.
This well-orchestrated initiative underscores Quantum’s commitment to responsible resource development amidst the growing demand for critical battery metals.
2024 Kahuna Exploration Program Highlights
Comprehensive Soil Sampling
Quantum’s exploration team will undertake an extensive soil sampling campaign across the entire Kahuna property. This program aims to systematically assess and delineate new zones of mineralization, building on promising results from previous exploration efforts.
By collecting a wide array of samples from various locations, the company aims to identify geochemical anomalies that could indicate significant cobalt and silver deposits, thereby pinpointing the most prospective areas for further detailed exploration.
Geophysical Surveys
To deepen its understanding of the Kahuna property’s subsurface characteristics, Quantum will employ advanced induced polarization (IP) geophysical techniques. These surveys are crucial for mapping subsurface structures and identifying potential drilling targets.
IP geophysics will detect resistivity and chargeability variations in the subsurface, indicative of mineralized zones. The data gathered will refine the exploration strategy, focusing drilling efforts on the most promising targets and optimizing resource allocation and exploration efficiency.
Infill Trenching
As part of its targeted approach to resource delineation, Quantum will conduct strategic infill trenching across key areas of the property. This method involves excavating trenches across mineralized zones to expose underlying rock and provide fresh samples for detailed geological, geochemical, and structural analysis. Infill trenching will enhance understanding of the continuity and extent of mineralization, informing subsequent drilling programs and building a comprehensive model of the property’s mineral potential.
Environmental Commitment
Quantum Battery Metals Corp. remains dedicated to environmental stewardship throughout its exploration program. The company will implement best practices in environmental management to minimize its footprint and preserve the local ecosystem.
Environmental protocols include rigorous monitoring and mitigation measures to prevent adverse impacts on soil, water, and wildlife. Transparent communication with local communities and stakeholders will ensure that activities align with both environmental and social expectations, prioritizing sustainability to benefit all stakeholders while safeguarding the environment for future generations.
Comments from Leadership
David Greenway, Director of Quantum Battery Metals Corp., emphasized the significance of the 2024 exploration program, stating, “The Kahuna property represents a significant opportunity for our company. Our 2024 exploration program is designed to build on previous successes and advance our understanding of this valuable asset. With the growing global demand for battery metals, particularly cobalt, we are focused on unlocking the full potential of Kahuna, and our exploration activities this year will be pivotal in achieving that goal.”
About the Kahuna Property
The Kahuna cobalt property is strategically located 14 kilometers northeast of Temagami and 37 kilometers south of Cobalt, Ontario, an area with a rich history of mining activity. The region is renowned for its prolific cobalt and silver deposits, making it a prime target for Quantum’s exploration endeavors. The property is characterized by significant cobalt and silver mineralization within calcite veins hosted in the Nipissing diabase, a geological formation historically yielding high-grade mineralization.
Mineralization and History
The Kahuna property boasts a storied history of mineral production, with notable historical outputs including approximately five tonnes of material with a reported grade of 22% cobalt and 20 ounces per ton of silver. This impressive historical data underscores the property’s potential to contribute meaningfully to the supply of critical battery metals. The presence of high-grade cobalt positions the property as a valuable asset in the context of the rapidly growing electric vehicle and energy storage markets, which are driving unprecedented demand for battery materials.
Quantum Battery Metals Corp. is poised to advance the Kahuna property through a methodical and data-driven exploration approach. Leveraging its technical expertise, innovative methodologies, and deep understanding of the geological framework, Quantum is committed to unlocking the full potential of the Kahuna property.
As the 2024 exploration program progresses, the company remains focused on delivering value to shareholders while contributing to the sustainable development of critical battery metals essential for a low-carbon future.
Contact Information:
Quantum Battery Metals Corp.
Marc Momeni, CEO and Director
400 – 837 West Hastings Street
Vancouver, British Columbia
V6C 3N6
Phone: 604.629.2936
Email: Info@quantumbatterymetals.com
Forward-Looking Information:
This news release includes certain statements that may be deemed “forward-looking statements”.
All statements in this release, other than statements of historical facts, that address events or developments that Quantum Battery Metals Corp. (the “Company”) expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur.
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. Factors that could cause the actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, and continued availability of capital and financing, and general economic, market or business conditions.
Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made.
Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.
August 01, 2024 3:05 PM EDT | Source: Quantum Battery Metals Corp.