QcX Gold Acquires Strategic Project Adjacent to Sterling Metals' High-Grade Copper Discovery at Batchawana Bay, Ontario

Core Insights - QcX Gold Corp. has entered into an acquisition agreement to obtain several strategically located mining claims in the Batchawana Bay area of Ontario, adjacent to Sterling Metals Corp.'s Soo Copper Project, which has recently reported significant copper discoveries [1][2] Strategic and Geological Highlights - The newly acquired property consists of 323 individual mining claims, covering a large contiguous land package that shares over 6.6 kilometers of common boundary with Sterling's discovery zone, positioning QcX in a promising copper district [2] - The property is situated within the Precambrian-aged Batchawana Greenstone Belt, known for large porphyry-style copper systems, and lies along strike of the historically productive Tribag Mine [5] - Geological continuity is strong, with identical stratigraphy and structural orientation to Sterling's discovery area, supported by historic soil geochemical anomalies and untested geophysical conductors [5] - QcX plans to initiate a property-wide airborne magnetic survey to identify high-priority copper-molybdenum-silver-gold porphyry targets [5] - The project has district-scale potential with 323 contiguous claims and open ground nearby, allowing for expansion and joint-venture opportunities as exploration progresses [5] Transaction Details - As part of the acquisition, QcX will issue 6,000,000 common shares at a deemed price of $0.28 per share and make a cash payment of $15,000 to the vendor [7] - A 3% net smelter returns royalty has been granted to the vendor, with the option for QcX to purchase up to 1.5% of the NSR for $1,000,000 [8] - The completion of the transaction is subject to regulatory approvals, including that of the TSX Venture Exchange [8]