Platinum Group Elements (PGE)

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Quantum Completes Initial Airborne Survey at NMX East Project in Quebec
Thenewswire· 2025-09-22 12:50
Follow Up MAG-TDEM Survey Planned to Advance Nickel-PGE Drill TargetingVancouver, BC – TheNewswire - September 22, 2025 – Quantum Critical Metals Corp. (TSX.V: LEAP | OTCQB: ATOXF | FSE: 86A1) ("Quantum" or the "Company") is pleased to announce that further to the news of August 14th, 2025 the Company has successfully completed an electro magnetic (“EM”) very low frequency electromagnetic (“VLF”) and magnetic geophysical survey at its wholly owned NMX East Project in Northern Québec.The survey was designed ...
Azimut and KGHM Resume Drilling on the Perseus High-Grade Nickel-PGE Discovery at Kukamas, James Bay Region, Quebec
Globenewswire· 2025-08-21 10:30
Core Viewpoint - Azimut Exploration Inc. has initiated a 4,000-metre diamond drilling program to further define the high-grade nickel-PGE discovery at the Perseus Zone on the Kukamas Property in Quebec's James Bay region [1][18]. Drilling Program Objectives - The drilling program aims to expand the Perseus Zone at depth and along strike with 2,200 metres of drilling, as well as to test new targets along a 1.6-kilometre geological trend with 1,200 metres of drilling [4]. Historical Discoveries and Results - Previous drilling results from the Perseus Zone include high-grade nickel and PGE values, such as: - Hole KUK24-002: 8.42% Ni, 0.55% Cu, 7.25 g/t PGE over 1.9 m - Hole KUK24-007: 6.06% Ni, 0.38% Cu, 3.34 g/t PGE over 2.6 m, including 19.6% Ni over 0.75 m [3][4]. Geological Context - The Kukamas Property features a cumulative strike length of 41 kilometres and covers an area of 337.8 square kilometres, benefiting from significant infrastructure [5]. - The geological framework includes komatiitic sequences, which are similar to the Kambalda type nickel deposits, indicating a fertile system for mineralization [4][11]. Partnership and Financial Aspects - Azimut has an option agreement with KGHM International Ltd, allowing KGHM to acquire an initial 50% interest in the Kukamas Property by funding $5 million in work expenditures over four years [12]. - KGHM can earn an additional 20% interest by delivering a preliminary economic analysis and incurring at least $4.2 million in work expenditures over three years [12]. Project Management and Technical Oversight - The drilling program is managed by Orbit Garant Drilling Inc., with samples analyzed by ALS Laboratories, following industry-standard QA/QC procedures [6][7]. - Rock Lefrançois, Vice-President Exploration, oversees project management, while Dr. Jean-Marc Lulin, President and CEO, is the qualified person responsible for the technical information disclosed [8][9].
Azimut and KGHM Resume Drilling on the Perseus High-Grade Nickel-PGE Discovery at Kukamas, James Bay Region, Quebec
GlobeNewswire News Room· 2025-08-21 10:30
LONGUEUIL, Quebec, Aug. 21, 2025 (GLOBE NEWSWIRE) -- Azimut Exploration Inc. (“Azimut” or the “Company”) (TSXV: AZM) (OTCQX: AZMTF) is pleased to announce that a minimum 4,000-metre diamond drilling program has started in order to further define the Perseus high-grade nickel-PGE discovery and test additional targets on the Kukamas Property (the “Property”) in the Eeyou Istchee James Bay (“James Bay”) region of Quebec, Canada. The initial field discovery as well as the results of the maiden 1,998-metre drill ...
ValOre Reports Results from Successful 87 Hole Trado® Auger Drilling Campaign at Pedra Branca, Including 10.0 m at 12.95 g/t 2PGE+Au from Surface
Globenewswire· 2025-07-02 11:00
Core Viewpoint - ValOre Metals Corp. is advancing its Pedra Branca Platinum Group Elements (PGE) Project in Brazil, focusing on high-quality gold exploration and development opportunities while achieving significant exploration results from recent drilling activities [1][2][4]. Exploration Highlights - The recent Trado auger drilling program at the Esbarro deposit involved 87 holes, with over 560 meters of PGE-bearing rock intercepted, confirming high-grade mineralization [5][6]. - Notable assay results include a standout from hole AD25ES99, which reported 10.0 meters grading 12.95 g/t 2PGE+Au, including 4.0 meters at 29.57 g/t 2PGE+Au [2][11]. - A total of 74 out of 87 holes returned PGE mineralization, with 28 holes exceeding 10 gram-metres in grade-thickness values [5][6]. Regulatory Advancements - Brazil's National Mining Agency (ANM) has approved the Final Exploration Reports for key mineral claims within the Pedra Branca Project, allowing the claims to enter the Mining Concession application phase [12][13]. - This regulatory milestone enhances the project's development readiness and enables intensified technical de-risking and project development work [13]. Metallurgical and Engineering Developments - Ongoing metallurgical testwork is being conducted in collaboration with the University of Cape Town, focusing on optimizing PGE recoveries from various rock domains, with preliminary results expected by the end of July [6][12]. - Preliminary water supply studies are set to begin in the second half of 2025 as part of preparations for a future Preliminary Economic Assessment (PEA) [6]. Resource Potential - The Pedra Branca project hosts a total inferred resource of approximately 2.2 million ounces (Moz) of 2PGE+Au, with significant exploration and resource expansion potential identified [21][12].
Quantum's NMX East Heats Up: PGE Potential Emerges Next to Rapidly Expanding Polymetallic District
Thenewswire· 2025-06-10 13:00
Core Insights - Quantum Critical Metals Corp. is exploring a poly-metallic play at its NMX East project in Quebec, which includes gallium, rubidium, and cesium [1][2] - The company has discovered significant mineralization, including 107.69 meters of 38.85 gpt gallium, 701 gpt rubidium, 24.98 gpt cesium, and 3.61 gpt thallium from surface drilling [2] - Quantum is investigating the Bande du Lac des Montagnes rock formation, known for hosting platinum group elements, which could enhance the project's mineral potential [2][4] Project Developments - The NMX East project is strategically located near the NISK shear zone and is less than 100 meters from the Bande du Lac des Montagnes outcrop [4] - Power Metallic Mines Ltd. has expanded its project area by over 300% by acquiring 167 km² from Li-FT Power, which includes claims adjacent to Quantum's NMX East property [5] - CEO Marcy Kiesman highlighted that this adjacency to a rapidly expanding polymetallic district enhances the strategic value of the NMX East project [5] Future Plans - The company plans to conduct field reconnaissance to assess the presence of Bande du Lac des Montagnes outcrops on the NMX East property [7] - Quantum intends to collaborate with geophysics companies to explore the potential for PGE mineralization beneath the surface [7] Company Overview - Quantum Critical Metals Corp. focuses on advancing critical metals projects, including the NMX East Gallium-Rubidium-Cesium Project and several other projects in British Columbia [9] - The company is positioned to support the transition to a secure and sustainable critical minerals supply in the West [9]
High Grade Ni/PGE Adjoining Globex’s Tyrone Property
Globenewswire· 2025-06-02 13:01
Core Viewpoint - Azimut Exploration Inc. has reported additional positive assay results from the Perseus Nickel Zone, which is adjacent to Globex Mining Enterprises Inc.'s Tyrone Property in Quebec, indicating significant economic potential for the area [1][7]. Group 1: Assay Results - The assay results from the Perseus Nickel Zone include 30 high-grade nickel samples with grades ranging from 3.46% to 19.60% Ni, all exceeding 3.0% Ni [3][4]. - The samples also show high palladium grades between 1.16 g/t Pd and 12.15 g/t Pd, and platinum grades up to 3.65 g/t Pt [3][4]. - Additional grades for rare PGEs include up to 1.16 g/t Rh, 0.43 g/t Ir, 2.75 g/t Ru, and 0.45 g/t Os, enhancing the potential value of the Perseus Zone [4]. Group 2: Economic Potential - The new assay data suggests greater economic potential than previously estimated, with high-grade mineralization similar to Archean Kambalda-type komatiitic nickel deposits found in Western Australia [7]. - The mineralization is associated with a magnetic anomaly that extends into Globex's Tyrone property, which has not been extensively explored, indicating high prospectivity [7]. - Other parts of the Tyrone property have shown high-grade occurrences of copper, gold, and silver, with notable samples including up to 47.2 g/t Au, 71 g/t Ag, and 7.4% Cu [7].
Azimut and KGHM Launch Exploration Campaign at Kukamas
Globenewswire· 2025-05-29 10:30
Core Viewpoint - Azimut Exploration Inc. has announced the commencement of a $3.6 million exploration program on the Kukamas Property, confirming high-grade Platinum Group Elements (PGE) at the Perseus Zone, which was discovered in 2024 [1][2][3]. Exploration Program - The exploration program will consist of two phases: detailed mapping and prospecting in Phase 1, followed by 4,000 meters of diamond drilling in Phase 2, planned for late summer [3][6]. - The primary goal is to build on the significant progress made in 2024, where five drill holes in the Perseus Zone yielded excellent results, indicating a high-grade nickel and PGE mineralized system [3][4]. Assay Results - Recent assay results from 30 selected high-grade nickel samples from the Perseus Zone show nickel grades ranging from 3.46% to 19.60% [5][10]. - The samples also revealed high palladium grades between 1.16 g/t and 12.15 g/t, and platinum grades up to 3.65 g/t, along with significant values for rare PGEs [8][10]. Property Overview - The Kukamas Property spans 337.8 square kilometers and includes 665 claims, with a cumulative strike length of 41 kilometers [9]. - The project is well-supported by infrastructure, including high-voltage power lines and proximity to the Trans-Taiga Road, enhancing its accessibility for exploration activities [9]. Partnership and Financials - Under an option agreement, KGHM International Ltd can acquire an initial 50% interest in the Kukamas Property by funding $5 million in work expenditures over four years [14]. - KGHM has a second option to earn an additional 20% interest by delivering a preliminary economic analysis and incurring at least $4.2 million in work expenditures over three years [14]. Company Background - Azimut is recognized as a leading mineral exploration company with a strong reputation for target generation and partnership development, holding the largest mineral exploration portfolio in Quebec [15][16]. - The company is advancing multiple projects, including the Elmer Gold Project, which is at the resource stage, and the Galinée lithium discovery [16].