22:33:51 EST Thu 26 Dec 2024
Enter Symbol
or Name
USA
CA



Login ID:
Password:
Save
Quebec Innovative Materials Corp
Symbol QIMC
Shares Issued 93,409,001
Close 2024-08-06 C$ 0.17
Market Cap C$ 15,879,530
Recent Sedar Documents

Quebec Innovative expands hydrogen discovery

2024-08-06 18:12 ET - News Release

Mr. John Karagiannidis reports

QIMC AND INRS ANNOUNCE EXPANSION TO 9KMS OF SIGNIFICANT ANOMALOUS NATURAL HYDROGEN SOIL GAS DISCOVERY AT VILLE MARIE PROJECT

Recent exploration by Quebec Innovative Materials Corp. with its partner, the Institut National de la Recherche Scientifique (INRS), has extended the discovery of significant anomalous natural hydrogen soil gas to lines 4 and 5, marking an important milestone that supports Quebec's clean energy agenda and low-carbon emission targets.

"This significant extension of our discovery to nine kilometres to the south of Line 1, combined with the large zones of strong anomalous soil samples exceeding 300 parts per million in Line 5, highlights the districtwide natural hydrogen potential of the Ville Marie project. This development plays a crucial role in Quebec's transition towards a more sustainable and renewable energy future," commented John Karagiannidis, chief executive officer of Quebec Innovative Materials.

Following the surveys on lines 1 to 3, Quebec Innovative Materials and INRS continued soil gas surveys south of the town of St-Bruno-de-Guigues to verify the extent of hydrogen anomalous zones or domains. The new lines 4 and 5 are located 6.9 kilometres and 9.2 kilometres south of Line 1, respectively. Data from lines 4 and 5 show numerous large continuous anomalies above 300 parts per million hydrogen.

Key highlights:

  • Extended discovery: The anomalous natural hydrogen soil gas discovery now includes lines 4 and 5, expanding the scope and significance of the company's findings across the Ville Marie project area to over nine kilometres.
  • Support for clean energy: The extension of this discovery aligns with Quebec's clean energy goals by identifying a promising source of natural hydrogen, which is essential for developing clean fuel technologies and reducing carbon emissions.
  • Environmental impact: This development reinforces Quebec Innovative Materials' commitment to supporting low-carbon initiatives and advancing environmental sustainability and low footprint.

"We are excited to share this important update with our stakeholders and the community," said Mr. Karagiannidis. "The expansion of our natural hydrogen discovery is not only a testament to our team's expertise and dedication but also a significant contribution to Quebec's clean energy objectives. We are committed to advancing this significant discovery and supporting the province's transition to a low-carbon economy."

Marc Richer-Lafleche commented: "Comparing the median distribution of values for each line, [there is] a progressive decrease in median values from lines 3W and 3E to line 4. The significantly higher median observed on Line 5 is striking and indicates the possible presence of a new hydrogen anomaly zone situated south of the survey boundary. The spatial distribution of hydrogen anomalies over more than nine kilometres (north-south axis) is particularly notable. By analogy with hydrocarbon-rich geological systems, it appears that a geological unit in the Temiskaming graben controls local hydrogen production. In such a context, the normal faults of the graben would favour the transfer of hydrogen to the subsurface."

"We are ramping up personnel and equipment at our camp as we prepare for the next phases of our project. In particular, we are excited about the nine-kilometre north-south soil sampling line, which will intersect with the five existing east-west lines," said Mr. Karagiannidis. "The INRS team will be sampling soil every 50 metres along this critical line and has already started setting up markers. This essential step will provide us with a 2-D perspective on the hydrogen distribution within the seven-by-nine-kilometre area of our 250-square-kilometre Ville Marie project," he added.

About the INRS and Marc Richer-LaFleche, PGeo

The Institut National de la Recherche Scientifique (INRS) is a high-level research and training institute. Mr. Richer-LaFleche's team has geological, geochemical and geophysical experience specifically in the regions of Quebec Innovative Materials' newly acquired claims. They have carried out over six years of geophysical and geochemical work and collected thousands of C1 to C4 soil-gas analyses.

Mr. Richer-LaFleche also holds an FRQNT grant, in partnership with Quebec MRN (Ministere des Ressources naturelles et des Forets) and the mining industry, to develop and optimize a soil-gas method for the direct detection of mineralized bodies and faults under Quaternary cover. In addition to sulphide gases, hydrogen was systematically analyzed in the numerous surveys carried out in 2023 in Abitibi, Temiscamingue and also in the Quebec Appachian. Mr. Richer-LaFleche is the qualified person responsible for the technical information contained in this news release and has read the information contained herein.

In addition, the INRS team has several portable gas spectrometers and the sampling equipment and logistics necessary for taking gas samples and geophysical measurements on the ground or in the aquatic environment. He is a professional geologist registered with the Ordre des geologues du Quebec and is the qualified person responsible for the technical information contained in this news release and has read the information contained herein.

About Quebec Innovative Materials Corp.

Quebec Innovative Materials is a mineral exploration and development company dedicated to exploring and harnessing the potential of Canada's abundant resources. With properties in Ontario and Quebec, Quebec Innovative Materials is focused on specializing in the exploration of white (natural) hydrogen and high-grade silica deposits. Quebec Innovative Materials is committed to sustainable practices and innovation. With a focus on environmental stewardship and cutting-edge extraction technology, Quebec Innovative Materials aims to unlock the full potential of these materials to drive forward clean energy solutions to power the AI (artificial intelligence) and carbon-neutral economy and contribute to a more sustainable future.

We seek Safe Harbor.

© 2024 Canjex Publishing Ltd. All rights reserved.