Quantum Expands Victory Antimony Property in Haida Gwaii, BC

Core Viewpoint - Quantum Critical Metals Corp. has submitted an application to expand the Victory Antimony Property to 1,444 hectares, emphasizing its commitment to responsible exploration and securing domestic supply chains for critical minerals [1][5]. Company Overview - Quantum Critical Metals Corp. is a Canadian mineral exploration company focused on advancing critical metals projects, including the Victory Antimony Project in British Columbia and others in Québec [16]. Victory Antimony Project Details - The Victory Antimony project was initially discovered in 1988, with historical samples showing significant mineralization, including 11.8% arsenic and 1.24% antimony [3][5]. - The project is characterized as a hydrothermal hot spring deposit type, located within the Middle Jurassic Yakoun group [3]. Expansion Plans - Subject to approval, the company plans to develop access to the expanded property and conduct field programs for verification of historical showings and geological mapping [4]. Importance of Antimony - Antimony is recognized as a critical mineral, primarily used in flame retardants and various technologies, with a global market expected to grow at a CAGR of 5.5% from 2023 to 2030 [8]. - The U.S. Department of Defense has classified antimony as a critical mineral due to its significance in national security [10]. Supply Chain Concerns - China dominates global antimony production, accounting for over 70% of supply, which poses significant risks to industries reliant on this mineral [9]. - Recent geopolitical developments, including China's export bans on antimony, have heightened concerns over supply chain security for critical metals [13][14]. Recent Financial Activity - The company recently closed a private placement, raising $2,009,100.30 in gross proceeds, with associated finders' fees and broker warrants issued [11].