Mr. John Karagiannidis reports
QIMC ADVANCES WITH PHASE 1 DRILLING PROGRAM TARGETING HIGH-POTENTIAL HYDROGEN ZONES IN ST-BRUNO-DE-GUIGUES, QUEBEC; MORE UPCOMING MONITORING AND MEASURING HYDROGEN RESULTS
Quebec Innovative Materials Corp. has launched its phase 1 drilling program consisting of a 5,000-metre campaign across two strategic high-potential sectors in St-Bruno-de-Guigues, Que. The company has formally filed for the required drilling permits with Quebec regulatory authorities.
John Karagiannidis, chief executive officer of Quebec Innovative Materials, stated: "The launch of our phase 1 drilling campaign represents an important milestone for QIMC, aligning directly with our strategic objective of defining Quebec as a leading region for natural hydrogen. Our rigorous scientific approach and commitment to operational excellence position us well to unlock substantial value for our shareholders. Additionally, we view Quebec's pro-active regulatory stance as highly positive for our industry, providing clarity and support as we pursue responsible and sustainable growth." With the onset of warmer and milder weather conditions, the company also eagerly anticipates further data from its eight monitoring and measuring wells, particularly following recently announced significant results that reinforce Quebec Innovative Materials' clean natural hydrogen model.
The phase 1 program will consist of strategically planned shallow 30 degrees to 35 degrees stratigraphic drilling reaching vertical depths between 500 metres and 600 metres. This carefully structured approach aims to maximize geological insights by extensively sampling and documenting local sedimentary rock formations. Key objectives of the drilling include thoroughly characterizing geological features, investigating the local faulting and fracturation systems that lack surface visibility, due to very thick Quaternary overburden, and critically assessing permeability and porosity within fractured geological formations. These fractures are considered essential conduits for the advective migration and accumulation of natural clean hydrogen, significantly enhancing Quebec Innovative Materials' natural clean hydrogen model of these targeted areas.
"The proven success of our hydrogen model and our unique methodology will be strategically applied with our partners, Record Resources, Q Precious & Battery Metals Corp. and Blue Tree Energy Group, this spring and summer to advance our expanding natural hydrogen portfolio, including our assets in Ontario, Nova Scotia and our planned initiatives in the United States," concluded Mr. Karagiannidis.
Quebec Innovative Materials also wishes to announce the appointment of Mr. Karagiannidis, the company's chief executive officer, as chairman of the board, effective immediately. Mr. Karagiannidis succeeds Jakson Inwentash. The board of directors wishes to extend its appreciation to Mr. Inwentash for his dedication and significant contributions as chairman. Mr. Karagiannidis commented: "I am grateful for the opportunity to assume the role of chairman and look forward to continuing to guide QIMC toward achieving its strategic objectives. On behalf of the board and the entire company, I thank Jakson Inwentash for his valuable service."
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, and it 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.
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