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QMET Acknowledges Regulatory Approval Granted to Québec Innovative Materials Corp. in Nova Scotia and Highlights Positive Momentum for Cumberland Basin Activities
TMX Newsfile· 2026-02-05 14:00
Core Viewpoint - Q Precious & Battery Metals Corp. (QMET) acknowledges the regulatory approval received by Québec Innovative Materials Corp. (QIMC) for drilling activities in Nova Scotia, marking a significant advancement in natural hydrogen exploration in the region [1][2]. Group 1: Regulatory Approval and Collaboration - QMET congratulates QIMC on achieving the regulatory milestone, which is seen as a constructive development for QMET's own exploration initiatives in Nova Scotia [2][3]. - QMET maintains a working relationship with QIMC, which is leading QMET's exploration program in Nova Scotia, indicating that QIMC's regulatory progress is beneficial for QMET's exploration efforts [3][4]. Group 2: Exploration Strategy and Market Context - QMET is advancing its Cumberland Basin Project through a disciplined approach focused on geological interpretation, data integration, and stakeholder engagement, which is expected to enhance understanding of regional geological potential [4][5]. - The company emphasizes the importance of energy security and the need for low-carbon energy solutions, aligning its exploration activities with the growing demand for off-grid energy sources, particularly for power-intensive infrastructure [5]. Group 3: Company Overview - Q Precious & Battery Metals Corp. is a Canadian natural resource exploration company with 100% ownership of mineral projects in Quebec and Nova Scotia, focusing on critical and precious metals, as well as natural white hydrogen [6].
QMET Expands Nova Scotia Drill Program to 2,500 Meters as QIMC Geophysical and Field Work Refines Hydrogen-Anomalous Zones
Newsfile· 2025-12-04 12:00
Core Insights - Q Precious & Battery Metals Corp. has expanded its Nova Scotia drill program to 2,500 metres based on recent geophysical surveys and fieldwork conducted by Quebec Innovative Materials Corp [1][2] Group 1: Drill Program Expansion - The expansion of the drill program is supported by integrated geophysical interpretation and geological mapping, which have refined several hydrogen-anomalous zones in the target area [2] - The updated modelling enhances QMET's understanding of the scale, structure, and continuity of these zones, justifying the increase in drill capacity [2] Group 2: Strategic Focus and Commitment - The CEO of QMET, Richard Penn, emphasized that the refined data set allows for focused drilling on high-potential targets with greater accuracy, aiming to validate the geological model and advance the project towards key value-creation milestones [3] - The company is committed to a disciplined, data-driven exploration strategy designed to deliver long-term value for shareholders [3] Group 3: Company Overview - Q Precious & Battery Metals Corp. is a Canadian natural resource exploration company with 100% ownership of mineral projects in Quebec and Nova Scotia, focusing on critical and precious metals, as well as natural white hydrogen [4] - Key projects include the LaCorne South Critical Minerals Project, the Matane project in Quebec, and the Colchester Natural Hydrogen Projects in Nova Scotia, in collaboration with Quebec Innovative Materials Corp [4]