The Federal Budget features multiple measures aimed at combatting climate change, transforming the nation's economy and fostering the development of future net-zero industries. The latest federal measures include investment tax credits, low-cost strategic financing, and targeted investments and programs to address the distinct requirements of industries or projects with national economic importance. Of particular importance to the Company is the newly introduced Investment Tax Credit for Clean Technology Manufacturing, estimated to cost CAD
The Federal Budget builds on last week's meeting between Canadian Prime Minister
The Federal Budget also highlights the importance of establishing major battery manufacturing in
We at QMC are thrilled with the 2023 Canadian Federal Budget's emphasis on green economy investments. The variety of measures introduced demonstrates the government's commitment to addressing climate change and progressing towards net-zero emissions. Our
PROJECT HIGHLIGHTS
Historic Resource: Between 1953 and 1954, the
Existing Underground Development: During 1956/1957 a complete mining plant was installed, and since removed, on site designed to process 500 tons of ore per day and a three-compartment shaft was sunk to a depth of 74 metres. On the 61-metre level, lateral development was extended off the shaft for a total of 366 metres of drifting from which six crosscuts transected the dike.
Excellent Historic Recoveries: Historic metallurgical tests reported an 87% recovery from which a concentrate averaging 5.9% Li2O was obtained.
Contact:
Tel: (604) 601-2018
Email: info@qmcminerals.com
The mineral reserve cited above is presented as a historical estimate and uses historical terminology which does not conform to current NI43-101 standards. A qualified person has not done sufficient work to classify the historical estimate as current mineral resources or mineral reserves. Although the historical estimates are believed to be based on reasonable assumptions, they were calculated prior to the implementation of National Instrument 43-101. These historical estimates do not meet current standards as defined under sections 1.2 and 1.3 of NI 43-101; consequently, the issuer is not treating the historical estimate as current mineral resources or mineral reserves.
About the Company
QMC is a
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