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Feature article October 15, 2024:

 

QI Materials Advancing Abundant and Renewable Natural Hydrogen Assets

  • Significant natural hydrogen discovery at Ville Marie Hydrogen Project in Quebec; QI Materials has outlined a highly charged 80km2 natural hydrogen area. -- extraordinary in potential.

Québec Innovative Materials Corp.

(CSE: QIMC)  (Frankfurt: 7FJ) (US Listing: QIMCF)

 

 

Share data, Capitalization, & Corporate info

 

 Shares Outstanding: ~105 million

 Recently Traded: ~CDN$0.43/share (CSE:QIMC)

 52 Week High/Low: ~$0.44/ 0.01

 Current Market Cap.: ~$45 million Canadian

 Corporate Website: qimaterials.com

 

"The 300km2 Ville Marie project is seeping white hydrogen at surface with intensity; e.g. soil samples returned hydrogen concentrations over 1000ppm on its 9.7km North-South Line -- CSE:QIMC presents exceptional opportunity as a world-class natural hydrogen district camp in the making."

-- Market Equities Research Group

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Click to listen to CEO's October 10, 2024 Corporate update on recent H2 exploration efforts

 

   

Valuation Commentary: Québec Innovative Materials Corp. (CSE: QIMC) (Frankfurt: 7FJ) (US Listing: QIMCF) (a.k.a. QI Materials) is a Canadian-based mineral exploration and development company focused on specializing in the exploration of white (natural) hydrogen and high-grade silica deposits. QIMC aims to unlock the full potential of these materials to drive forward clean energy solutions to power the AI and carbon-neutral economy and contribute to a more sustainable future. QI Materials is included in the NHV Nat H2 Index, the first Natural Hydrogen Index.

 

QI Materials is now the most advanced natural hydrogen project in Canada and arguably among top of all North America now in terms of natural renewable hydrogen. QI Materials is now at the stage where it is actively detecting the reservoirs and main vectors of transmission of the natural hydrogen. The geological team has begun advanced gravimetry and audiomagnetotellurism (AMT) geophysical surveys at its Ville Marie Natural Hydrogen Project. The gravimetry surveys will focus on assessing variations in the thickness of local sedimentary rock deposits, known as gravity troughs, over the Archean basement. This critical data will help identify areas most likely to contain valuable reservoir rocks. The AMT surveys will be instrumental in locating graben-related faults.

  

Big names such as Bill Gates and Jeff Bezos have recently begun funding white hydrogen exploration start-ups to the tune of hundreds of millions of dollars to find what QI Materials has essentially already discovered, it is important to appreciate just how much of a leg-up QI Materials has in terms of prospective ground; QI Materials secured the most prospective natural (white) hydrogen claims in the Province of Québec as recommended by the Institut National de la Recherche Scientifique ("INRS") following 6 years of comprehensive research (geophysical and geochemical work including the collected thousands of C1-C4 Soil-Gas analyses) headed by Professor Marc Richer-LaFlèche, P.Geo. INRS is a Québec graduate research funded university organization with one of the biggest geo-labs in Québec. Professor Richer-LaFlèche is one of only two recognized geologists in Canada that is both a geophysicist and a geochemist. In-short, QI Materials hydrogen undertaking is backed by deep science and geology. Professor Richer-LaFlèche indicated to QI Materials which areas his model pointed, based on research papers that had come from Australia (e.g. the successful Ramsey Hydrogen Project which is currently valued at several times the current market cap of QIMC), where he noticed a lot of similarities in terms of rock type and fault systems. The INRS had developed a soil sampling methodology for the presence of natural hydrogen and areas of Southern Québec were scoring high. QI Materials now controls ~90% of the hydrogen showings within the province of Québec and has partnered with the INRS to systematically reveal the enormity of what it possesses. A major international player that has recently staked large areas of BC using similar hydrogen bearing rock model criteria have let it be known that Quebec was actually their first choice of areas to stake, but QI Materials had already beat them to the punch.

 

The geological team embarked this Summer-2024 upon its inaugural hydrogen exploration program at the Ville Marie Hydrogen Project resulting in a significant discovery of naturally occurring (white) hydrogen -- QI Materials has encountered some of the best readings ever seen for the presence of hydrogen; see September 4, 2024 news release "QIMC Announces Landmark Discovery of Hydrogen Soil Samples over 1000ppm on Recently Completed 9.7km North-South Line, Outlining Highly Charged 70km2 Hydrogen Area".

 

 

Fig. 1a (above) - Map of the distribution of hydrogen anomalies, data projected onto satellite image background. NOTE: 8 readings exceeding 600 ppm, with 2 of those surpassing 1000 ppm.

 

QI Materials has since expanded the Ville Marie Hydrogen Project discovery 11 kms to the northwest (see related October 3, 2024 news), recording soil gas measurements from Line 13 of 594, 543, and 463 ppm.

 

 

Figure 1b (Above LEFT) & 1c (above RIGHT) - LEFT image: Location plan of the new lines of the September 2024 Soil-Gas survey (in red) and simplified geological map (modified from SIGÉOM, MRNF) highlighting the absence of a green belt (volcanic) in the St-Bruno-de-Guigues airport road sector. RIGHT image: Simplified regional map showing exploration sectors A, B and C (newly acquired) of the Ville-Marie project.

 

These first pass discoveries have yielded phenomenal concentrations and purity, however are only on a small section of the 300 sq km Ville Marie Hydrogen Project, in the St Bruno de Guiges and Ville Marie areas, other areas of the project are equally prospective. Understanding IRNS’ model and the consistent homogeneous nature of gases that emanate from bedrock meeting the model’s criteria, the likelihood of additional hydrogen discovery success is very high.

 

A world-class natural hydrogen district camp is in the making. Now it is just a matter of understanding exactly what they have; currently at Ville Marie it appears to be multiple secondary reservoirs that are linked to a principal reservoir, which is the fault itself. QI Materials is aiming to demonstrate that there is a very good chance of a commercial hydrogen extraction -- the prospective claims are large and remember, with natural hydrogen it generally continues to replenish reserves, continually flowing 24/7. QI Materials will be aiming to quantify the flow rate and the concentration of hydrogen itself, from this they will know what volume can be extracted at what rate. This project has earmarks of enormous potential for H2 extraction that would help decarbonize industries in the region with a lower environmental footprint than industrially produced hydrogen. In the end this will come down to an infrastructure play by majors that will ultimately be looking to take the project over; already QI Materials has received significant interest from major conglomerates wanting to be kept in the loop on developments.

 

CSE:QIMC presents exceptional value and could easily move to be trading, in the near-term, several multiples higher than its current share price: QIMC currently has a nominal market cap of only ~C$45M (~105 million shares trading near ~C$0.43). Although QIMC's high-purity silica assets are valuable on their own, it is on the hydrogen front that QI Materials could see extraordinary near-term gains. The shares outstanding quoted above include the recent announcement of 9.915 million warrants having been exercised, which also leaves the Company sufficient funds to accomplish natural hydrogen exploration goals well into Q2-2025. The Québec government has an ambitious goal of reducing GHG emissions by 37.5% from 1990 levels by 2030, the role of green hydrogen initiatives feature prominently in its strategic plan. Although the Québec government has a ban on hydrocarbon, fossil fuel, and fracking, the legislation clearly allows the ministry to issue permits for hydrogen wells and anything related to green renewable energy that will lower carbon emission.

 

A good comparable for investors in QI Materials to look at is Gold Hydrogen Ltd. which currently trades near AUS$0.74 share on the ASX with a market capitalization ~$118 million (C$109 M as of October 2, 2024). Gold Hydrogen Ltd. is in its early stages yet already has a substantial marketcap -- with newsflow, QI Materials has potential to ramp up significantly in valuation near-term.  Other peer comparables are Pure Hydrogen Corp. (ASX:PH2 marketcap ~C$49M), and Hyterra Ltd. (ASX: HYT marketcap ~C$45M) Note: Recently Fortescue acquired a strategic interest (~40%) in Hyterra (natural hydrogen exploration in Kansas) and shareholders experienced a sizeable shareprice jump -- as QI Materials project moves forward, the derisking will accelerate and QIMC will be an increasingly attractive target. What is going on now with natural hydrogen is revolutionizing the energy space, similar to what occurred with helium exploration and development in Saskatchewan and Alberta (it went from nothing to a multi-billion $ industry in a few years). This is even bigger, more akin to the early 20th century oil staking boom in Texas; astute investors are increasingly starting to recognize QI Materials prime natural hydrogen claims as extreme value propositions destined for much higher valuations.

 

The first pass discoveries have yielded phenomenal concentrations and purity, however this is only on a small sliver of the 300 sq km Ville Marie Hydrogen Project.

 

Besides ongoing news flow from developments on the Ville Marie Hydrogen Project, QI Materials' INRS hydrogen exploration program on its highly prospective Lac St. Jean Hydrogen Project is set to begin in November-2024; since IRNS also recommended the acquisition of St. Jean based on research findings over the last six years, another home-run could be on tap near-term.  Plus there is the Gaspe Bay Hydrogen Project to be tested. Below we provide an overview of each project.

 

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Recent News of Significance from QI Materials:

 

October 9, 2024 -- QIMC Announces FINRA Approval for Priced Quotation of QIMCF

    

October 3, 2024 -- QIMC Announces Significant Natural Hydrogen Discovery Expansion 11kms to the Northwest and New Land Acquisition Bringing Total Hydrogen Area to over 300 Square Kilometres

   

September 12, 2024 -- QIMC Announces Grant of Stock Options, Extends Gratitude to Shareholders, and Provides Update on Quebec's Bill 69

  

September 11, 2024 -- QIMC Announces Successful Exercise of Warrants and Strategic Advances in Fully Funded Hydrogen Exploration Program

  

September 4, 2024 -- QIMC Announces Landmark Discovery of Hydrogen Soil Samples over 1000ppm on Recently Completed 9.7km North-South Line, Outlining Highly Charged 70km2 Hydrogen Area

 

August 15, 2024 -- QIMC Announces Major Milestones: Completion of Line 1 Extension to the West and Hydrogen ModelQIMC and INRS Announce Expansion to 9kms of Significant Anomalous Natural Hydrogen Soil Gas Discovery at Ville Marie Project

 

August 6, 2024 -- QIMC and INRS Announce Expansion to 9kms of Significant Anomalous Natural Hydrogen Soil Gas Discovery at Ville Marie Project

 

July 25, 2024 -- Quebec Innovative Materials Corp Makes First Significant Discovery of Natural Hydrogen Soil-Gas Anomalies in Quebec

 

 

July 16, 2024 -- Quebec Innovative Materials Outlines Deep Geological Structure Favorable for Hydrogen Following Systematic Review by INRS

 

July 10, 2024 -- Quebec Innovative Materials Corp Applauds HPQ Silicon and Pyrogenesis Canada Inc's HPQ Silica Polvere Inc's LOI with Evonik Industries AG

 

July 3, 2024 -- Quebec Innovative Materials Corp Commences Hydrogen Exploration Program on Ville Marie Property in Collaboration with INRS

 

June 27, 2024 -- Quebec Innovative Materials Corp. Delivers High-Grade Silica Samples to Pyrogenesis and HPQ PureVap's Facility for Advanced Testing

 

June 20, 2024 -- Quebec Innovative Materials Corp Announces Successful Annual Shareholder Meeting and Introduces New Directors

  

June 18, 2024 -- Quebec Innovative Materials Corp. Applauds Canadian Government's Decision to Include Silicon on Critical Metals List and its Partner HPQ Silicon's Recent Milestones

 

June 11, 2024 -- Quebec Innovative Materials Commends Quebec Bill 69, Paving the Way for Clean Energy and Sustainable Resources

 

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Ville Marie Hydrogen Project, Québec - 100%-owned

 

Industrial Minerals Temiscaming property with unique geology also prospective for naturally occurring hydrogen and helium.

 


 

Fig. 2 (above) -- Location Map of Ville Marie Property. Accessible 15km north of town of Ville Marie, located between two major mining cities.

 

 

Figure 3 (above): Simplified geological map of the Temiscaming rift area. QIMC's exploration permits are shown in red on the map.
 

To view an enhanced version of Figure 1, please visit:
https://images.newsfilecorp.com/files/7968/206608_881b032a84708807_002full.jpg

 

NOTE: The above claims map has since been increased from 250 sq km to 300 sq km.

 

The areas that QI Materials is focused on are where the greenstone plunges right under the sedimentary rocks, from a geological standpoint that is key to what produces the natural hydrogen at such a high degree (throughout the system, creating essentially a valley of hydrogen), you don't find this type of natural hydrogen anywhere else in Canada or North America.

 

 

Fig. 4 (above) -- The Temiscamingue graben area is severely affected by seismicity and normal faulting related to extensional processes still active today (Fig. below). Such structures may be important in allowing the transfer of gases from deep sources to shallow environments. For H2 and He exploration, these faults must be well located in space (Lidar, AMT, gravity, magnetometric surveys) and geophysical surveys must be carried out in order to verify the vertical extension (in depth) of the faults. The deeper these structures are, the greater the potential for gas transfer.

 

 

Fig. 5a (above) -- The Temiscamingue graben -- QIMC and INRS have selected the Lake Temiskaming Graben area for its unique geological context, which marks the transition between an Archean greenstone belt rich in ultramafic (komatiites and peridotites) and iron formations (Baby's Gp) and the Cobalt Group sedimentary rock basin (Proterozoic). This transition zone is also affected by graben faults and the emplacement of a Cretaceous kimberlite field. These observations indicate that the area has been active for over 2,700 million years, as evidenced by the record of supracrustal and igneous rocks in the region. Geological Survey of Canada aquatic seismic data from Lake Témiscamingue show that a strong earthquake affected the Lake Témiscamingue basin during the Quaternary, and the very large number of epicentres recorded in the area of Lake Kipawa (southern extension of the graben) indicates that the graben is still a tectonically active zone. This geological context could be favorable for the transfer of gas from deep sources to the surface.


 

Starting in June, INRS teams were out in the field, taking gas samples from the soil (soil gas survey) and conducting underwater surveys in Lake Témiscamingue.
 

These surveys were used, among other things, to locate degassing zones associated with faults in the Témiscamingue rift.
 

Subsequently, geophysical surveys will be carried out to detect deep structures in the rock. Drone surveys will also be realized to provide useful remote sensing data for hydrogen and helium exploration.
 

Fieldwork this Summer-2024 was carried out mainly in the Municipality of St-Bruno-de-Guigues sector.

 

QI Materials Témiscamingue property offers similar geology to the recent large natural hydrogen Ramsey Project discovery by GoldHydrogen Ltd in South Australia.
 

"The conceptual exploration model that led to the development of the exploration program is the hydrogen production model in the context of Precambrian basement and more specifically the sub-model linked to the presence of iron-rich rocks associated Archean greenstone belt In the Témiscamingue area and more precisely in the St-Brunode-Guigues sector, the units of the Baby volcanic belt containing peridotites, komatiites, basalts and iron formation.Furthermore, These sedimentary rocks, covering the Precambrian basement, are affected by the still active Temiscamingue rift zone (neotectonic deformations)," said Marc Richer-LaFlèche, of the INRS who is heading the program.

 

Fig. 5b (left) Comparable
 

Back in May-2024 Mining MarketWatch Journal provided a detailed overview of QI Material's Q2-2024 exploration research summary program written by PR. Marc Richer-Laflèche, PHD., GEO on QI Material's quest for natural sources of hydrogen and helium in the Tèmiscamingue area (QC), archived copy of the exploration program may be viewed here.

 

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The following video from QI Materials shows soil samples being taken on its Ville Marie Hydrogen Project:

 

Takeaway from watching the above twitter/X video post: Here we can see the sampling methodology. They drill down ~80 cm, connect sampling equipment and hydrogen comes out under positive pressure filling the sample bag. Results can be quickly read -- no lengthy lab waits.

 

NO FALSE POSITIVES FOR QI MATERIALS: Soil samples are key to any hydrogen project and false positives need to be ruled out (something QI Materials does not have a problem with). Some hydrogen exploration companies are looking for H2 in old oil or gas wells and have issues with anthropogenic values where the corrosion of wells create hydrogen. Other hydrogen exploration companies have false positives coming from bio generation caused by the soil type whereby bacteria could break up and produce hydrogen. In QI Materials case hydrogen comes up from the fault via the water coming up from the fault, which geochemically reacts to the specific type of basement rock that is rich in iron, potassium, radon, etc... that geochemical reaction takes out the "O" from the H20 and that is where the hydrogen seeps from.

 

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IMPRESSIVE RESULTS TO DATE at QIMC's Ville Marie Hydrogen Project: See related September 4, 2024 Company news release entitled "QIMC Announces Landmark Discovery of Hydrogen Soil Samples over 1000ppm on Recently Completed 9.7km North-South Line, Outlining Highly Charged 70km2 Hydrogen Area";

 

Excerpt Copy:

 

QIMC Announces Landmark Discovery of Hydrogen Soil Samples over 1000ppm on Recently Completed 9.7km North-South Line, Outlining Highly Charged 70km2 Hydrogen Area

 

Quebec Innovative Materials Corp. (CSE: QIMC) (FSE: 7FJ) ("QI Materials", "QIMC" or the "Company"), is proud to announce a landmark discovery made in collaboration with our Quebec partner, the Institut National de la Recherche Scientifique (INRS). The findings from the recently completed 9.7km north-south line 7 have uncovered hydrogen soil samples with concentrations exceeding 1000 parts per million (ppm). Significantly, we observed 8 readings exceeding 600 ppm, with 2 of those surpassing 1000 ppm. Additionally, the average measured 531.9 ppm over a 450 ms interval between the readings above 1000 ppm (Fig. 1). Professor Marc Richer-Laflèche, Scientific Head of Applied Geoscience Laboratory comments, "These highly anomalous values can be considered first-class given the absolute values that, locally, exceed the instrumental detection limit of 1000 ppm. The results from Line 7 validate the geological hydrogen model interpretations we outlined in previous announcements."
 

The data distribution is illustrated in Figure 2, which maps the anomalies against a backdrop of satellite imagery.

 

 

Figure 1. Section showing the variability of H2 concentrations measured in the soils of line 7 at St-Bruno-de-Guigues. Data are given as a function of distance in meters

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/7968/222081_817f3f7364ef2850_001full.jpg

 

 

 

Figure 2: Map of the distribution of hydrogen anomalies in the soils of the St-Bruno-de-Guigues area. Data projected onto satellite image background.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/7968/222081_817f3f7364ef2850_002full.jpg

 

Exceptional natural hydrogen levels
 

"We are thrilled to announce this transformative discovery outlining a highly charged 70km2 hydrogen area within our 250km2 Ville Marie property," said John Karagiannidis, CEO of QIMC. "The hydrogen concentrations identified by INRS mark a significant advancement in our pursuit of clean, renewable energy solutions. This breakthrough highlights our leadership in the hydrogen sector and strengthens our commitment to advancing sustainable technologies that support Quebec's clean emission goals. We eagerly anticipate the next steps in developing and commercializing this remarkable hydrogen resource."

Strategic Impact
 

To delineate the area of high hydrogen values observed along line 1 of the July 2024 soil gas survey, the INRS field crew extended line 1 westward during the first week of August 2024. This extension begins at the boundary between forest and agricultural land and ends near the chemin des secondes et troisième rangs of St-Bruno-de-Guigues (line 7). "As initially predicted in our hydrogen model, the intensity of the soil hydrogen anomalies gradually decreased towards the west (Figure 3)", notes Professor Marc Richer-Lafleche. "This decrease in concentration emphasizes a westward closure of the hydrogen anomaly domain. This spatial variability may reflect, among other things, the presence of contrasting geological units (arkosic sandstones, Cobalt Group conglomerates, Ordovician dolomitic limestones) and also the probable presence of the Rivière-Blanche fault, which may be present in the St-Bruno-de-Guigues area beneath the thick glacial-lacustrine sediments", states Professor Marc Richer-Lafleche.

 

 

Fig. 3: Location map of the soil gas survey for Line 7 (North-South) and East-West Lines 1, 2, 3, 4 and 5.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/7968/222081_817f3f7364ef2850_003full.jpg

 

"We believe that this fault is partly responsible for the emplacement of hydrogen in the St-Bruno-de-Guigues area," said John Karagiannidis, CEO of QIMC. The location of this fault is a priority for QIMC and INRS and will be the subject of a high spatial resolution audiomagnetotelluric survey to be carried out in the fall of 2024.
 

"In the area of the sampling stations containing the hydrogen anomalies, there is no evidence in the field (or in the MRNF databases) of the presence of wells (former mining or oil wells), which could explain, among other things, the presence of H2 anomalies from anthropogenic sources. What's more, unlike the false H2 anomalies regularly reported in the scientific literature, the H2 anomalous zones at St-Bruno-de-Guigues extend for more than one kilometer (along north-south or east-west axes), which cannot be explained by anthropogenic sources.
 

It is also unlikely that the gas anomalies are the result of subsurface biogenic processes, as the glaciolacustrine sediments hosting the H2 anomalies and also the H2-depleted zones (background) are very similar from one sampling site to another. These Quaternary sediments are essentially dominated by a mineral matrix with little potential to generate significant amounts of hydrogen through fermentation reactions with organic matter. In contrast to the study by Etiope et al. (2024), which was carried out on soils from the Pusteria Valley region (northern Italy), the H2 concentrations observed in soils from the Lake Témiscamingue graben are not associated with very high CH4 and CO2 concentrations. Therefore, it is likely that the source of hydrogen in St-Bruno-de-Guigues soils is geological rather than biogenic,
"
details Professor Marc Richer-Lafleche.

Next Steps:
 

Soil sampling is scheduled in the fall of 2024 to further analyze the granulometric and elemental characteristics of glaciolacustrine sediments in the St-Bruno-de-Guigues area.
 

Gravimetry and audiomagnetotellurism (AMT) geophysics are also planned for the fall of 2024 to assess variations in the thickness of local sedimentary rock deposits (gravity troughs) over the Archean basement. These data will allow us to locate the areas most likely to contain reservoir rocks. AMT data will allow us to locate graben-related faults in the St-Bruno-de-Guigue area that are covered by Quaternary sediments.
 

"The high levels of hydrogen discovered by INRS underscore our commitment to leading the transition to sustainable, clean energy solutions," said John Karagiannidis. "We are excited about the upcoming phases of commercial development and the opportunity to advance our renewable energy initiatives."
 

REF: Etiope, G., Ciotoli, G., , Bena, E., Mazzoli, C., Rockmann, T., Sivan, M., Squartini, A., Laemmel, A., Szidat, S., Haghipour, N. and Sassi, R., 2024. Surprising concentrations of hydrogen and non-geological methane and carbon dioxide in the soil . Science of the Total Environment, 948.
 
About the INRS and Pr. Marc Richer-LaFlèche, P.Geo.
 

The Institut National de la Recherche Scientifique ("INRS") is a high-level research and training institute. Pr. Richer-LaFlèche's team has exceptional geological, geochemical and geophysical experience specifically in the regions of QIMC's newly acquired claims. They have carried out over six years of geophysical and geochemical work and collected thousands of C1-C4 Soil-Gas analyses.
 

M. Richer-LaFlèche also holds an FRQNT grant, in partnership with Quebec MRN and the mining industry, to develop and optimize a Soil-Gas method for the direct detection of mineralized bodies and faults under Quaternary cover. In addition to sulphide gases, hydrogen was systematically analyzed in the numerous surveys carried out in 2023 in Abitibi, Témiscamingue and also in the Quebec Appachian. M. Richer-LaFlèche is the Qualified Person responsible for the technical information contained in this news release and has read the information contained herein.
 

In addition, the INRS team has several portable gas spectrometers and the sampling equipment and logistics necessary for taking gas samples and geophysical measurements on the ground or in the aquatic environment. He is a professional geologist registered with the Ordre des géologues du Québec and is the Qualified Person responsible for the technical information contained in this news release and has read the information contained herein and approves the press release.
 

For more information about Quebec Innovative Materials Corp. and its products, please visit www.qimaterials.com.

 ....Click Here for full copy from source

 

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The following is noteworthy insight from the August 15, 2024 news release "QIMC Announces Major Milestones: Completion of Line 1 Extension to the West and Hydrogen Model";

 

 

Figure 6 (above) -- Simplified geological map of the St-Bruno-de-Guigues and St-Eugène de Guigues regions. Testing was applied in the ~250-square-kilometre area north of the town of Ville Marie. Five parallel lines spanning five to seven kilometres that are tapped into every 50 metres for sampling run from east to west, separated by around two to 2.7 kilometres. A 9.7-kilometre line runs north to south, intersecting with the five horizontal lines.
 

In Line 1, soil samples returned hydrogen concentrations between 150 to 300 parts per million (PPM), which is a relatively high figure. This compares to exploratory efforts for a site in France’s Pyrenees Mountains that uncovered under 100 PPM for 70 per cent of its samples, while 70 per cent of QI Materials’ results range from 150 to 200 PPM.

 

From the August 15, 2024 news release:

 

Hydrogen Model
 

Professor Marc Richer Laflèche observes: "In addition to bedrock lithological contrasts, local Quaternary features may explain some of the trends observed in the distribution of soil hydrogen concentrations. For example, MRNF drill data from the Line 1 sector (intersection of Route 101 and Chemin du 4e Rang) indicate the presence of a 6 m thick gravel unit above the bedrock. This is overlain by 55 m of sandy-silty sediments of glaciolacustrine origin (MacIntosh, 1973: GM 29616; SIGEOM). Thickness variations from east to west of the gravelly unit (a more permeable, porous and lenticular unit) may partially control the distribution of hydrogen along Line 1." John Karagiannidis, president of QIMC notes: "This will be further verified by a geoelectric tomography (ERT) survey in the fall of 2024 and by a series of geotechnical boreholes in the spring of 2025."
 

Sources of natural clean renewable hydrogen at St-Bruno-de-Guigues
 

The geological map in Figure 2 shows the local geology in the vicinity of Line 1 at St-Bruno-de-Guigues. The volcanic belt of the Baby Group, including 4 units of iron formations (with extensions of the order of 10 km), basaltic tholeiites (iron-rich amphibolites) and peridotites and komatiites (ultramagnesian rocks), is perpendicular to the graben and basins of Huronian (Cobalt Gp) and Ordovician (New-Liskeard Gp) sedimentary rocks (Richer-LaFlèche et al., 2020). "This overlap implies the presence of Fe- and Mg-rich Archean rocks beneath the Proterozoic sedimentary rocks of the graben." states Professor Marc Richer-Laflèche. "Furthermore, this interpretation is supported by MRNF aeromagnetic data (SIGEOM interactive map), which show a westward continuity of magnetic anomalies originating from the magnetic rocks of the Baby Gp. The presence of mafic and ultramafic rocks that may contain olivine relics and a high proportion of amphiboles could explain the hydrogen production." explains Professor Marc Richer- Laflèche. "Note that during the hydration process, H2O is reduced to H2 by Fe2+-rich mafic and ultramafic minerals. On the other hand, Cobalt Group arkosic sandstones, which are particularly rich in potassium and actinides, are ideal for the production of radiolytic hydrogen. The interaction of deep groundwater with these rocks could produce radiolytic hydrogen. This hydrogen could mix with hydrogen produced by mineral hydrolysis."

 

Also see August 6, 2024 Company news release "QIMC and INRS Announce Expansion to 9kms of Significant Anomalous Natural Hydrogen Soil Gas Discovery at Ville Marie Project";

 


 

Figure 7. (above) -- Soil-Gas survey Ville-Marie project (From August 6, 2024 news release)

 
The studies are preliminary, and firm estimates of how much hydrogen is in the site or how much could be extracted remains unknown.

 

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Other Hydrogen Assets

 

QI Materials also has other hydrogen assets; one in the Lac Saint-Jean region of central Quebec, and another in the Gaspe Bay area;

 

 

 

Figure 8. (above) -- A) Elevation map of the Saquenay region and adjacent Precambrian terrains. B) Simplified geological map of the Saguenay rift area. QIMC's exploration permits are shown in red on the map.
 

To view an enhanced version of Figure 2, please visit:
https://images.newsfilecorp.com/files/7968/206608_881b032a84708807_003full.jpg

 

Excerpt from September 11, 2024 news release:

 

Lac St. Jean
 

"In addition to taking into account the geological characteristics that are critical for the identification of exploration zones, QIMC prioritizes sectors that are economically favorable for the establishment of hydrogen plants," said John Karagiannidis, president of QIMC. "For example, the strategic interest of the Saguenay-Lac-St-Jean region is based on the presence of a deep-water port infrastructure at La Baie (Alma) (Figure 1). This would make it possible to export hydrogen (solid or gaseous) to European, Asian or American markets bordering the Atlantic Ocean."

 

 

Figure 1: Simplified geographic map centered on the Saguenay Graben. Source: https://toponymie.gouv.qc.ca/ct/ToposWeb/fiche.aspx?no_seq=454187

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/7968/222967_1bf4918904eae957_001full.jpg

"The Lac St-Jean hydrogen exploration project is a logical continuation of QIMC's activities in Quebec," said Prof Richer-Laflèche, head of INRS' Applied Geoscience Laboratory. "Based on the compilation of geoscientific data and the comparison of the geological context with the Témiscamingue area," states Prof. Richer-LaFlèche, "the Saguenay-Lac-St-Jean area could be a second graben environment on Precambrian basement, highly favorable for the presence of white (natural) hydrogen."
 

"Geologically, the project fits into the model of continental grabens and rifts developed on Precambrian basement with the essential characteristic of being covered by Paleozoic sedimentary rocks," continues Prof Richer-Lafleche. "The NW-SE trending Saguenay Graben cuts the Precambrian rocks of the Grenville tectonic province over an area of more than 300 km by 50 km between the NW part of Saguenay-Lac-St-Jean (Albanel sector) and Tadoussac. The graben is associated with a large regional topographic low, clearly visible on lidar or satellite imagery, and locally associated with the Saguenay Fjord (Fig. 2)."

 

 

Figure 2: Topographic satellite images of the Saquenay-Lac-St-Jean region and the Saquenay Fjord showing the Saquenay Graben. Source: https://publications.gc.ca/collections/collection_2022/rncan-nrcan/m183-2/M183-2-8826-eng.pdf

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/7968/222967_1bf4918904eae957_002full.jpg

 

"The tectonic zone of the graben appears to have been active since more than 546 Ma, as evidenced by the emplacement of alkaline magmatism represented regionally by numerous carbonatites (e.g. St-Honoré carbonatite, Niobec Mine), but also by lamprophyres and kimberlites (Gittins et al., 1975)" notes Prof Richer-Lafleche. "The graben's normal faults were subsequently reactivated between 200 and 250 Ma during the Triassic and Early Jurassic (Tremblay et al., 2013). The graben still exhibits neotectonic activity, as evidenced by the magnitude of the earthquake that struck the Saguenay-Lac St-Jean region in 1988." "In addition," states Professor Richer-Lafleche, "in the western and southwestern parts of Lac St-Jean, normal graben faults cut large volumes of potassic granitic and syenitic rocks, as well as mafic intrusive rocks associated with the Lac St-Jean anorthositic complex. Potassic rocks, which are also rich in actinides, are potential sources for the production of hydrogen by radiolytic processes."
 

"The extensive geological environment of the region is ideal for hydrogen and helium exploration," said John Karagiannidis, president of QIMC. "Our upcoming natural hydrogen exploration program in Lac St. Jean aligns perfectly with our mission at QIMC to support Quebec's ambitious clean energy and emissions reduction goals. By advancing this program, we are not only furthering our commitment to innovative and sustainable energy solutions but also contributing to the province's efforts to achieve a greener and more sustainable future. We look forward, as we did in Ville Marie, to the positive impact our clean hydrogen initiatives will have on the local Lac St. Jean economy."
 

The schematic section in Figure 3 provides an overview of the geology and topography of the Saguenay Graben.

 

 

Figure 3: Simplified geological section of the Saguenay Graben between the Parc des Laurentides and the Monts Valins. Source: https://eco-baleine.ca/wp-content/uploads/2019/06/FORMATION-DU-FJORD-DU-SAGUENAY.pdf

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/7968/222967_1bf4918904eae957_003full.jpg

 

References:
 

Gittins,J., Hewins, R.H., and∗,Laurin, A.F., 1975. Kimberlitic-carbonatitic dikes of the Saguenay River valley, Quebec, Canada.Physics and Chemistry of the Earth.Volume 9, pages 137-148.
 

Tremblay, A., Roden-Tice, M., Brandt, J.A., Megan, T.W., 2013. Mesozoic fault reactivation along the St. Lawrence Rift system, eastern Canada: Thermochronologic evidence from apatite fission-track dating. Bulletin of the Geological Society of America 125(5-6):794-810.

 

click here for full copy from source

 

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Natural Occurring (WHITE) Hydrogen is Superior and a Relatively New Frontier in Exploration:

 

 

Figure 9. (above) The hydrogen rainbow -- The current main production methods of hydrogen involve fossil fuel, are environmentally unfriendly, and subject to carbon capture. Green hydrogen (produced using renewable electricity) is expensive. Natural occurring hydrogen (a.k.a. white/gold hydrogen) is formed within the earth via natural reactions of minerals at elevated temperature, also via ionizing radiation within the earths crust, continually flowing, with potential to provide environmentally sustainable and affordable extraction in sizeable volume where favourable geological conditions exist.

 

View video that explores the exciting potential of naturally occurring hydrogen gas trapped underground:

 

  Running time: 9 min. 10 sec.

Source: Renewable Energy Youtube Channel https://youtu.be/mGeLEihqX2A?si=3ZogQh6d38LkiPgS

 

Noteworthy articles we came across:

 

● Green H2 World, June 23, 2024 -- Goodbye Electric Tesla, Hello Hydrogen Power (Tesla to Produce First Hydrogen Powered Car, Model H, in 2026); As Tesla gears up for this new venture, the implications for the automotive industry and clean energy sectors are profound. Hydrogen power could revolutionize how we think about sustainable transportation, offering a viable alternative to battery-electric vehicles.

 

● CNBC, September 12, 2024 -- Bill Gates-backed startup says a global gold rush for buried hydrogen is picking up momentum

 

Recommended reading for daily hydrogen news: https://www.h2-view.com/news/production/ The number of industry related announcements daily are staggering.

 

 

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High-Grade Silica Projects -- Valuable assets in abeyance, awaiting production demand (once next-gen high-purity silica technology applications come online).

 

QI Materials has an impressive portfolio of high-grade SiO2 properties in Ontario and Quebec that it is able to advance toward a near-term industrial mining production scenario when market demand for high-purity silica comes of age. QI Materials currently has a pilot silica processing plant, able to produce custom products to meet prospective partners specification.

 
Current noteworthy partnerships:

 
HPQ Silicon Inc. ("HPQ"): MOU signed regarding the procurement of Quartz from QI Material's Charlevoix Silica Project. Additionally, QI Materials has entered into a Right of First Refusal ("ROFR") agreement with HPQ which allows HPQ the ROFR to purchase the first 10,000 tons of high-grade silica material extracted from a QI Materials silica project.

  
Ekopav: MOU signed March 2023 regarding the procurement of silica sands for production of asphalt products.

 

Next steps at key projects to be taken, once clients indicate demand readiness:

  

River Valley Silica Project, 65 Km northeast of Sudbury Ontario:

● Perform mechanical stripping of the quartz vein formation.

● Perform a hybrid detailed exploration/geotechnical drill program in order to delineate a resource and design the quarry.

● Execute quarry design and production plan.

● Conduct advanced metallurgical testing on silica material.

● Commence production permitting process.

● Negotiate strategic offtake agreements.

 

Note: River Valley has no permitting issues, it hosts a substantial quarryable body of 98% - 99.9+% pure SiO2 proximal roads and rail infrastructure.
 

Charlevoix Silica Project, Quebec:

● Secure bulk sample permit for Zones 1 and 2.

● Perform mechanical stripping on newly discovered zones 4, 5 and 6.

● Conduct exploration drilling on newly discovered zones 4, 5, and 6 to evaluate the size, geometry, depth, and width of the quartzite formation and determine if they are continuously connected to one another.

● Negotiate strategic offtake agreements.

 

The new discovery zones at Charlevoix are high-purity and are confirmed without permitting issues, 100% outside any hunting & fishing zec. Property zones will be stripped clean and various surveys conducted as needed with the intention of going operational; so far zones 4 and 5 have been mapped in detail, cleaned off, channel sampled, and over 120m of strike length is now exposed at surface. The true thickness and width of the quartzite formation is currently unknown as the contacts are buried beneath overburden, however we can observe 5-10 metres high quartzite walls in certain areas. On October-2023 QI Materials announced that it has received a permit to further expand work on its high grade on surface Charlevoix Silica Project. It was an 8 month process and further expands the capacity to deliver even more high-grade material. This permitting is in line with the Québec government’s green supply chain strategy, and expands the QIMC’s operations and ability to deliver even more high-grade silica to clients.

 

Demand for reliable high-purity quartz/silica feed is increasingly critical for companies such as:

  • Nearby Montreal-based HPQ Silicon Inc. which is developing several new advanced silicon innovation processes that will drive the future (see related news release "QI Materials Delivers Additional Samples to HPQ Silicon Inc." and "QIMC Contributes to HPQ Silicon Battery Initiative", among others);

  • Major car manufacturers which contemplating building new EV battery plants nearby (next gen lithium silicon anode batteries offer improved performance and capacity);

  • Solar panel glass manufactures and a myriad of other applications (ceramics, building materials, foundry and metals, coatings and polymers, chemicals, filtration and absorbents, etc.).

WHY SILICA?

 
● Widely considered the next significant advance in battery technology.
● Cost effective.
● Sustainable mining with inert materials.
● Little waste – Applications for all grades.
● Most abundant element in earth’s crust after oxygen.
● Growing Global silica sand market ($11.2B in 2022 to ~$19B in 2029).
● New plants needed to meet demand growth.

 

Unlike traditional mining mineral resources (such as gold), which require copious amounts of drilling, silicon dioxide is industrial quartzite and a massive voluminous resource is able to be blocked out quickly with a few 100m drill holes (~1,000 m total should suffice), also these type of bodies are typically operated for multiple decades and the grades/quality get better with depth (where there is less weathering and impurities). The hard part (which QIMC has already accomplished) is to find the right combination of purity, consistency, access, permitting, and infrastructure -- the actual extraction of material is typically inexpensive (as its quarry-style mining), it is the transportation costs that can quickly add up. At River Valley its a short trip down the highway and onto established rail network, and at Charlevoix it is only ~3.5 hours by road to Montreal (where HPQ, and other manufacturers are along the Saint Lawrence). In-short, economics are expected to be robust (once demand kicks in).

 

 

 

Figure 10. (above) -- QIMC has various grades and types of feed stock, mined from its Charlevoix project, prepped and ready for delivery to clients requiring silica according to spec. Visible in the image above in the bags up front and in the insets are large crystalline-like chunks that are milled to specification; in HPQ Silicon Inc.'s case they are very specific: X size, at X grade, X-sort of dimension, roundness angularity, etc. -- reports are HPQ is very pleased with the product being delivered and explains why HPQ entered a ROFR agreement with QI Materials. In the image above, any weathered look is attributed to surface exposure -- simply crack below the surface and the silica is much more translucent white. The rows of bags further to the back are finer material, a by-product of processing the main batch -- this material would go to a different client such as an asphalt company; no waste.

 

 

Figure 11. (above) -- QIMC's pilot mobile silica refining processing plant for custom batches, with inset of current world market pricing* (*annotated by Mining MarketWatch Journal). HPQ is able to take the feed from QIMC and upgrade it using proprietary technology to US$500 - $5000/tonne range product, HPQ can produce the value-added product significantly cheaper and more environmentally friendly than any current process being employed now in the world.

 

Below is an summary of QIMC's key silica assets:

 

1) River Valley Silica Project - 100%-owned
 

Located in the Sudbury mining division, near River Valley, Ontario, Canada

 

This project was recently acquired September-2023 (click here for related news release). This is a remarkably good project, news flow should be steady from QIMC as it is quickly advances toward large-scale operational quartz/silica quarry status.

 

Progress / Development Update on River Valley:

See related October 24, 2023 news release "Qi Materials Starts Preliminary Modelling of High-grade Silica Projects"; The QI Materials field team has completed the first pass of field exploration and development work on the Company’s wholly owned River Valley Silica project, located in the Sudbury mining division of Ontario, Canada. The Company is now processing the data and commencing preliminary modelling and quarry designs.

The following figures depict examples of the visually highly pure quartz samples recovered from the quartz vein:

 

 

Figure 12. (above) - Visual high purity quartz samples from River Valley Project quartz vein (source: October 24, 2023 corporate update news release).

 

 

Figure 13. (above) - Quartz outcrops with technicians performing detailed topographic survey (source: October 24, 2023 corporate update news release).

The QI Materials team performed a variety of work scopes in the advancement of this project which included:

  • Establishment of access

  • Detailed topographic survey of the silica formation

  • Quartz outcrop stripping and cleaning

  • Detailed geological mapping, sampling, and channel sampling

  • Sample collection for metallurgical and other analysis

  • Sample collection for testing with the QI Materials’ pilot plant

The Company also performed a site visit with the engineering team from OptiSim Mining Solutions, of Sudbury, Ontario (See news release Oct-11-2023) for the purpose of preliminary quarry design, engineering, and permitting.

  

 

Figure 14. Key mapped quartzite surface expression from historical report (*historical reports: PDF-2019 & PDF-2004)

 

The River Valley Silica Project is host to a high purity quartz vein. Publically available historical* purity results and mapping indicate that the quartz vein is up 99.9% pure SiO2. Historical* mapping indicates that the quartz vein is over 300m long and over 40m wide.

 

 

Figure 15. (above) Historical Results; enlarged image of SiO2 section from lab assay table results from the 2019 report. Site visit by professional geologist Raymond Wladichuk, CEO of Qi Materials, confirms that these historical reports appear to be accurate;

 

Excerpt from December 12, 2023 news release "QI Materials Confirms High Grade Silica Purity over 99.5% at the River Valley Silica Project"; In October 2023, the QI Materials field team collected roughly 75 channel samples from surface exposure. As shown on the attached Table 1, 19 of the samples collected are over 99% pure SiO2, with the highest being 99.52% and, the average across the sample set being 98.72% SiO2. It is expected that a degree of contamination from surface contamination (surface water infiltrating cracks and fractures, oxidation, and surface debris) is likely affecting these results.
 

 

Figure 16. (above) Location Map of River Valley Silica Property with inset claims map (different scale) -- 65 kilometres north east (as the crow flies) from the world-class mining camp of Sudbury, Ontario. It is easily accessed by existing road infrastructure, and a short trip to the River Valley network of rail transfer stations. The Property covers an area of approximately 47 hectares.

 

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2) Charlevoix Silica Project - 100%-owned
 

Located near Clermont, Québec, Canada

 

 

 

  Figure 17. (above) Location Map.

 

 

 

Figure 18. (above) Map of Charlevoix Silica Project showing zones -- The new Zones 3, 4, 5, & 6 are 100% located outside the hunting and fishing zec, thus large-scale permitting is no different than neighbour Sitec Mine, just across the highway, which is the largest employer in this mining-friendly region. Sitec quarries high-end quartz countertop material and has operated for over 50 years.

 

 

Figure 19 a & b. (above) Aerial photograph of the Charlevoix Silica Project Main Zone 1.

 

In the summer and fall of 2022, the Company stripped the overburden off the Main Zone silica outcrop (Figure 1). A series of 16 channels were cut across the stratigraphy and sampled at one (1) metre long intervals as seen in Figure 2. Approximately 50% of the channel samples were sent to ALS Global for purity analysis, the remaining samples were delivered to the Institute National Research Scientifique (INRS) in Québec City for further analysis. The results of the purity analysis suggest that the majority of the Main Zone outcrop is comprised of high-grade silica, returning an average grade of 98%, with purity ranging as high a 99.88% SiO2; see related April 26, 2023 news release entitled "QI Materials Reports High-Grade Results from Channel Sampling".

 

New Zones (3, 4, 5, & 6) on Charlevoix Silica Project

 

See related August 29, 2023 news release "QI Materials Announces Assays over 99% SiO2 from Newly Discovered Zones at the Charlevoix Silica Project"; The QI Materials field team's mapping and prospecting efforts have led to the discovery of newly found quartzite outcroppings with remarkably high purity grade. The new zones currently named zones 3, 4, and 5 occur approximately one kilometre northeast of zones 1 and 2. According to SIGEOM, the ministry of Quebec's public natural resources database, the new zones are located outside of the Zec des MartresSeven (7) samples were delivered to ALS Global's lab in Val d'Or, Québec where they underwent purity analysis. These samples were selected from various locations on the outcrops and averaged over 98% SiO2 ranging from 97% to over 99%:

 

SAMPLE %
SiO2
%
Al2O3
%
Fe2O3
%
CaO
%
MgO
%
Na2O
%
LOI
%
Total
X370201 97.95 0.76 0.66 0.02 0.05 0.02 0.21 99.81
X370202 97.04 1.19 0.52 0.02 0.04 0.16 -0.02 99.74
X370203 98.12 0.50 0.70 <0.01 <0.01 <0.01 -0.09 99.43
X370204 98.52 0.54 0.87 <0.01 <0.01 0.01 0.04 100.05
X370205 97.56 0.97 0.83 0.03 0.08 0.20 -0.05 100.10
X370206 98.76 0.25 0.65 <0.01 0.01 <0.01 -0.08 99.74
X370207 99.07 0.16 0.66 <0.01 <0.01 <0.01 -0.06 99.89

 

Table 1. (above) Assay results from new zones.

 

 

Figure 20a&b. (above) Photos of Quartzite Samples from New Zone -- The majority of the samples collected from the new zones are of beautiful, clear, near-crystalline quartzite.

 

 

 

Figure 21 a & b. (above) Photos of quartzite from zone 4 & 5

 

 

Figure 22. a (above) Vertical wall of quartzite, new zone Charlevoix

 

Figure 22. b  Quartzite, new zone Charlevoix

 

 

Figure 23. Translucent quartzite, new zone Charlevoix

 

Figure 24. Photos of a portion of zone 6 quartzite outcrop

 

 

Progress / Update on Charlevoix:

 

See related October 24, 2023 news release "Qi Materials Starts Preliminary Modelling of High-grade Silica Projects"; The QI Materials team is currently at the Charlevoix Silica Project completing the final field work of the season. The team is following up on the newly discovered high grade zones announced in August 2023 (See news release). The scope of this program includes:

  • Establishing access to the new high-grade zones

  • Detailed geological mapping and sampling

  • Quartzite outcrop stripping and cleaning

  • Channel sampling

  • Exploration and prospecting to trace out the surface expression of the quartzite formation

  • Sample collection for metallurgical and other analysis

  • Sample collection for testing with the QI Materals’ pilot plant

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3) Roncevaux Silica Property, Québec - See January 10, 2024 news announcement "QI Materials Update on Roncevaux Silica Property Exploration".

 

Excerpt from January 10, 2024 news release:

 

QI Materials Update on Roncevaux Silica Property Exploration

 

Lachute, Québec--(Newsfile Corp. - January 10, 2024) - Québec Innovative Materials Corp. (CSE: QIMC) (FSE: 7FJ) ("QI Materials", "QIMC", or the "Company") provides an update on the Roncevaux Silica Property.
 

As disclosed in the Company's August 31, 2022 news release, Qi Materials acquired mineral claims from HPQ Silicon Inc. (HPQ"), including the Roncevaux Silica Property. The Qi Materials team performed a recent site visit to the property in late October 2023.
 

"We would like to thank our partner HPQ for this opportunity to further develop this asset and meet their growing high grade silica demand," stated John Karagiannidis, Executive Chairman.
 

Roncevaux Silica Property
The Ronceveux Silica Property consists of a high purity quartz vein located in southern Quebec, approximately 50km from Amqui, Quebec, as shown on Figure 1. The property consists of 27 mineral claims totalling 1570 hectares. Samples were collected by means of existing trenches found on the property. The quartz vein is estimated to potentially be over 300m long with the width being unknown but likely 10's of metres wide (as suggested by historical work and reports).
 

"We believe this is another significant addition to our growing high grade silica Quebec portfolio," stated Raymond Wladichuk, CEO.
 

Historical work conducted by HPQ Silicon Inc. indicates that the purity of the quartz vein is as high as 99.8% SiO2. HPQ conducted testing on the quartz material from this property and concluded that it was able to be converted to silicon metal by means of their patented processes.
 

The recent samples collected by the Qi Materials field team indicate that visually, this appears to be accurate (Photos in Figure 2 below). Tens of kilograms of samples have been collected for testing and analysis by the Company.

 

 

Figure 1 — Roncevaux property location, southern Quebec.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/7968/193756_f16e397ed4999acf_002full.jpg

 

Figure 2 — Roncevaux high grade silica samples.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/7968/193756_f16e397ed4999acf_003full.jpg
 

The author of one of the historical reports acquired by means of SIGEOM (the Quebec government's publicly available geoscience database) provides an estimated tonnage of over 400,000 tonnes of quartz material (if extrapolated to a depth of 50m) (this is a non-43-101 compliant estimate and extracted from publically available data such as historical assessment reports, prospecting reports, etc.).
 

Please be advised that a qualified person has not completed sufficient work to classify any mineral resources as defined by National Instrument (NI) 43-101; it is therefore uncertain if future exploration will result in the delineation of mineral resources.  ...

... click here for full copy from source

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 Content found herein is not investment advice see Terms of Use, Disclosure & Disclaimer

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Québec Innovative Materials' Management, and Governance  Skip to top

The current management team and board of directors has a well rounded combination of people that each contribute expertise in disciplines necessary for a successful mining entity:

  

John Karagiannidis, MBA, LL.B – President, CEO, and Director

Mr. Karagiannidis was born and raised in Montréal, Québec, and has been involved in over 300 transactions involving emerging private and public companies with a total value in excess of $2 billion. Mr. Karagiannidis is currently a dealing representative at EMD Financial. Prior to EMD Mr. Karagiannidis worked at Marquest Capital Markets, Industrial Alliance Securities, and Desjardins Securities. Mr. Karagiannidis is an MBA graduate of the Ivey Business School (University of Western Ontario), LL.B from the University of Montréal and is a member of the Québec Bar Association.

 

Richer-LaFlèche, P.Geo - Advisor

M. Richer-LaFlèche. is a professional geologist registered with the Ordre des géologues du Québec a also holds an FRQNT grant, in partnership with Quebec MRN and the mining industry. Mr Richer-LaFlèche is an associate professor and Scientific Head of the Applied Geosiences Laboratory at Instutute National de la Recherche Scientifique (INRS) 

 

Marianne Richer-LaFlèche, - Director

Ms. Richer-Laflèche is a lawyer at BCF Montréal office, where she specializes in mergers and acquisitions, investment funds, corporate governance and commercial contract drafting. Prior to joining BCF, Ms. RicherLaflèche worked at another major Canadian law firm, where she was seconded on two occasions to clients in the financial services and consulting engineering sectors. Ms. Richer-Laflèche is a graduate of Université Laval. She has acted as director and corporate secretary for several organizations, including the Fondation du Collège JésusMarie de Sillery, Prima Danse Events, Théâtre Lirychorégra 20 and is currently a member of the board of directors of the École des entrepreneurs du Québec.

  

Jakson Inwentash, B.Comm, CFA– Chairman, Director

Director & VP at ThreeD Capital, Inc., Independent Director at SLAM Exploration Ltd., Director and VP of Investments at Threed Capital, Inc., Director at KOP Therapeutics Corp., Independent Director at First Tidal Acquisition Corp., Director at Nirvana Life Sciences, Inc., and Advisor at Better Bears Foods, Inc. and DeFi Yield Technologies, Inc. He previously served as the Director at Bluesky Digital Assets Corp. from 2021 to 2022 and as the Director at Gratomic, Inc. from 2019 to 2020. Mr. Inwentash obtained his undergraduate degree from the University of Miami in 2016.

 

Lisa Thompson – Director

Lisa Thompson brings over 20 years of experience as a corporate/securities paralegal, working with both large and small public companies listed for trading on US and Canadian stock exchanges. For the past 5 years, Ms. Thompson has provided corporate secretarial consulting services for US and Canadian companies. Lisa has also served on various non-profit boards and committees and is a member of the BC Paralegal Association. She is a co-founder of Meraki Corporate Services in Vancouver, BC.

 

Hani Zabaneh – Director

Mr. Zabaneh is a seasoned consultant specializing in growth funding, mergers, and acquisitions, and transitioning companies to public markets. For over 20 years, Mr. Zabaneh has held both officer and board positions in numerous public companies including Summa Silver Corp., Blue Gold Mining, Auryn Resources, and Sigma Lithium Resources Corporation. Mr. Zabaneh currently serves on several boards of public companies. Previously, Mr. Zabaneh was a principal at Orange Capital Corp, a boutique investment bank located in Vancouver, BC. He was also Vice President of Corporate Development at Eventbase Technology Inc., where he was instrumental in helping the company secure Series A financing from a US-based VC.

 

Ming Jang, CPA, CGA – Director, CFO

Ming Jang is a professional accountant with over 25 years of experience in senior financial management roles across various sectors, including mining, nonprofit organizations, and the medical wellness industry. He has successfully executed several companies public listings, including Numinus Wellness Inc. and most recently, Adaptogenics Health Corp. Mr. Jang currently serves as a financial consultant to various private and publicly listed companies, providing robust financial management and oversight in the structuring and implementation of financial and regulatory processes.

   

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Note: This article is not intended to be a complete overview of Québec Innovative Materials Corp. or a complete listing of Québec Innovative Materials' projects. Mining MarketWatch urges the reader to contact the subject company and has identified the following sources for information:

 

For more information contact Québec Innovative Materials head office at: PH +1-514-358-8840

 

Company's web site: www.qimaterials.com   SEDAR Filings: URL

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*Content found herein is not investment advice see Terms of Use, Disclosure & Disclaimer. This is a journalistic article and the author is not a registered securities advisor, and opinions expressed should not be considered as investment advice to buy or sell securities, but rather journalistic opinion only. Technical mining terms used by the writer may be used/expressed in simplified layman terms and should not be relied upon as appropriate for making investment decisions unless the reader contacts the company directly for independent verification. *Estimates of potential made by the mining analyst and journal(s) are non 43-101 and not from the Company.

 

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