QMC Quantum Minerals Corp.
QMC Quantum Minerals Corp. is a Vancouver-based, TSX Venture-listed junior mineral exploration company developing three Manitoba projects: the flagship Irgon Lithium Mine (historical 1.2 Mt at 1.51% Li2O) and two VMS copper-gold properties in the Flin Flon district, with no current revenue.
- Company typePublic
- Founded2003
- HeadquartersVancouver, Canada
- Headcount1–10
- GTM typeB2B
- OfferingHardware or Manufacturing
What QMC Quantum Minerals Corp. does
QMC Quantum Minerals Corp. is a British Columbia-incorporated, TSX Venture Exchange-listed junior mineral exploration and development company (TSX.V: QMC; OTC PINK: QMCQF; FSE: 3LQ) headquartered in Vancouver with 1-10 employees. The company holds three projects in Manitoba: the flagship Irgon Lithium Mine Project, an advanced-stage spodumene-bearing pegmatite property in southeastern Manitoba with a historical (non NI 43-101 compliant) resource of 1.2 million tonnes grading 1.51% Li2O and exploration potential for 5M+ tonnes; the Rocky Lake Gold-Copper Project, a VMS property spanning 3,446 hectares in the Flin Flon/Snow Lake district; and the Namew Lake Gold Copper Project, a 19,000+ hectare VMS exploration property with 41 geophysical targets identified through VTEM surveys.
QMC employs traditional mineral exploration technologies including helicopter-borne VTEM plus Time Domain EM (2,142 line-kilometers, 160m line spacing over 316 sq km), Maxwell 2.5D plate modeling that resolved 21 deep targets with 15 first-priority, MMI geochemical orientation surveys, NQ diamond drilling, and channel sampling. The business model is pre-revenue: QMC is advancing Irgon toward production through a NI 43-101 resource estimate being prepared by SGS Canada, with processing options via TANCO/Sinomine (20 km away) or China-based Guangxi Non-Ferrous Limu Mining Co. Ltd. under NDA. Potential by-product credits include tantalum ($150/kg) and cesium from the same pegmatite ore.
The company has funded exploration through a series of small private placements totaling approximately $9.2M CAD from 2017 through 2024. Management is led by CEO/President/Director Balraj Mann (Chartered Accountant, ex-Price Waterhouse senior manager), CFO Edward Low, and Director Bruce E. Goad (M.Sc., 40+ years of exploration experience including a thesis on Winnipeg River pegmatites). Customer-facing activity is limited; the company positions itself to supply critical minerals (lithium, copper, nickel) to North American EV and battery manufacturers in Ontario, Michigan, and Ohio, but has no contracted offtake agreements. The single binding commercial counterparty is the Guangxi Non-Ferrous Limu Mining processing partnership.
QMC Quantum Minerals Corp. firmographics
Firmographics- Name
- QMC Quantum Minerals Corp.
- Legal name
- QMC Quantum Minerals Corp.
- Website
- https://qmcminerals.com
- Company type
- Public
- Founded year
- 2003
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- QMC Quantum Minerals Corp. is a Vancouver-based, TSX Venture-listed junior mineral exploration company developing three Manitoba projects: the flagship Irgon Lithium Mine (historical 1.2 Mt at 1.51% Li2O) and two VMS copper-gold properties in the Flin Flon district, with no current revenue.
- Ownership category
- akta.pro rank
QMC Quantum Minerals Corp. industry classification
Industry- Product category
- Mineral Exploration and Development
- NAICS
- Copper, Nickel, Lead, and Zinc Mining (212230), Copper, Nickel, Lead, and Zinc Mining (21223)
- SIC
- Metal Mining (1000), Miscellaneous Metal Ores (1090)
- akta.pro primary industry
- Exploration & Resource Development (Critical Minerals) (IMAKAFAL)
- akta.pro secondary industries
- Precious Metals Exploration & Project Development (IMAKAEAI), Mine Development & Processing EPC (Critical Minerals) (IMAKAFAM)
Keywords
Where QMC Quantum Minerals Corp. is headquartered
LocationHeadquarters
- HQ city
- Vancouver
- HQ country
- Canada
- HQ region
- North America
Offices2 records
Markets served
QMC Quantum Minerals Corp. business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Operations, Personnel, Marketing or Sales, Technology or R&D, Supply Chain
Revenue model
- Lithium Concentrate Sales: Primary revenue stream from selling lithium concentrate produced from the Irgon Lithium Mine. The company has historic metallurgical tests showing 87% recovery with 5.9% Li2O concentrate. Processing partnership with TANCO/Sinomine or Guangxi Non-Ferrous Limu Mining Co. Ltd. in China.
- Base and Precious Metals Sales: Revenue from copper, zinc, gold, nickel, palladium, and platinum extracted from VMS deposits at Rocky Lake and Namew Lake properties in the Flin Flon mining district.
- Tantalum and Cesium By-products: Additional revenue from tantalum ($150/kg) and cesium available in the same pegmatite ore at the Irgon Lithium Mine.
Go-to-market motion2 records
Distribution channels3 records
Marketing channels6 records
QMC Quantum Minerals Corp. product offering
Product offeringCore offering
QMC Quantum Minerals Corp. is a junior mineral exploration and development company advancing three projects in Manitoba, Canada: the Irgon Lithium Mine (spodumene-bearing pegmatite with a historical resource of 1.2 million tonnes at 1.51% Li2O), and the Rocky Lake and Namew Lake VMS projects targeting copper, zinc, gold, silver, nickel, palladium, and platinum. The company is pre-revenue and is developing the Irgon project toward near-term lithium concentrate production to supply the North American EV and battery manufacturing supply chain.
Product overview
QMC Quantum Minerals Corp. is a mineral development company with three core mining projects in Manitoba, Canada: the flagship Irgon Lithium Mine Project (lithium pegmatite mining with historic resource of 1.2MT at 1.51% Li2O), and two VMS (volcanogenic massive sulphide) precious and base metals projects—the Rocky Lake Gold-Copper Project and the Namew Lake Gold Copper Project—located in the world-class Flin Flon/Snow Lake mining district.
Differentiator
Problem solved
Functional benefit
Brands
- QMC Precious Metals: Precious and base metals projects (gold, silver, copper, zinc) located in Manitoba's Flin Flon/Snow Lake mining district.
- QMC Energy Metals
Products and services
- Irgon Lithium Mine Project Advanced-stage lithium mining project in southeastern Manitoba featuring a historical resource of 1.2 million tonnes grading 1.51% Li2O, with potential expansion to 5M+ tonnes. The project includes multiple spodumene-bearing pegmatite dikes (Irgon, Irgon West, Mapetre, North, and Central Dikes) and is located 20km from the TANCO Mine. Targeted for near-term lithium concentrate production to supply the EV battery supply chain.
- Rocky Lake Gold-Copper Project VMS (volcanogenic massive sulphide) deposit in the Flin Flon/Snow Lake mining district spanning 3,446 hectares, hosting copper-zinc-gold mineralization. The project has identified a deep-seated conductor at least 1,000 metres long seated at a minimum depth of 200 metres. Located 11km from the Namew Lake Mine that produced 2.57 million tonnes of copper, nickel, gold, silver, palladium and platinum.
- Namew Lake Gold Copper Project 19,000+ hectare VMS exploration project adjacent to the Rocky Lake property in the Flin Flon Greenstone belt. The project has identified 41 geophysical targets through VTEM survey, with confirmed massive sulphides containing copper (100-500ppm) and zinc (up to 0.44%) mineralization. Adjacent to Hudbay Minerals' Namew Lake Mine.
Quantifiable outcome
- Historical resource of 1.2 million tons grading 1.51% Li2O over 365m strike length and 213m depth
- +3 more outcomes
Companies that use QMC Quantum Minerals Corp.
Customer profileNamed customers5 records
Segments4 records
Ideal customer profiles2 records
QMC Quantum Minerals Corp. technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
QMC Quantum Minerals Corp. partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered minor and core.
- MMP Munich MiningPartners GmbHminorGermany-based marketing services company engaged for management of online marketing campaigns, coordination of marketing initiatives, and optimizing Ad-word campaigns. The Company will pay MMP Munich an aggregate fee of CDN$13,500 for an initial three-month term.
- North Equities Corp.minorToronto-based marketing firm engaged for social media marketing and consulting services. North Equities specializes in various social media platforms to facilitate greater awareness and widespread dissemination of company news. Company pays $3,500 per month on a month-to-month basis. North Equities owns 200,000 shares and 200,000 warrants exercisable at $0.16 per share.
- Guangxi Non-Ferrous Limu Mining Co. Ltd.coreChina-based Guangxi Non-Ferrous Limu Mining Co. Ltd. (51% owned by Guangxi Provincial Government) engaged under NDA to test and produce 6% battery-grade lithium oxide concentrate from QMC's mineralized samples. Guangxi has assets of approximately $1B USD, 500 employees, and two processing facilities in Gongcheng and Lingui, Guilin City, Guangxi, China.
- SGS Canada Inc.coreSGS Canada provides technical support and consulting services for QMC's Irgon Lithium Mine project. SGS is known worldwide for excellence in exploration and mining. SGS is preparing a NI 43-101 resource estimate on the Irgon and adjacent dikes. They conducted MMI geochemical orientation surveys and supervised the 2019 drill program of 2,300 metres across 18 NQ diamond drill holes.
- Tantalum Mining Corporation of Canada (TANCO) / Cabot Corporation / SinominecoreTANCO Mine is North America's most successful lithium mine to date, located just 20km south of the Irgon Lithium Mine property. TANCO (now owned by Sinomine Resource Group) provided QMC access to stored 1978 drill core from Mapetre and Central Dikes for re-assaying. TANCO facility can potentially process QMC's ore. TANCO originally developed the Irgon area in the 1950s.
Scale indicators7 records
Recent moves6 records
Expansion highlights5 records
QMC Quantum Minerals Corp. competitors and assessment
Company assessmentMarket position
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
QMC Quantum Minerals Corp. social profiles
Digital presenceQMC Quantum Minerals Corp. financial estimates
Financial estimateRevenue estimate
Valuation estimate
QMC Quantum Minerals Corp. leadership team
Management profileNumber of profiles
Profiles7 records
QMC Quantum Minerals Corp. funding detail
Funding detailFunding overview
Funding rounds1 record
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
QMC Quantum Minerals Corp. M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about QMC Quantum Minerals Corp.
What does QMC Quantum Minerals Corp. do?
QMC Quantum Minerals Corp. is a junior mineral exploration and development company advancing three projects in Manitoba, Canada: the Irgon Lithium Mine (spodumene-bearing pegmatite with a historical resource of 1.2 million tonnes at 1.51% Li2O), and the Rocky Lake and Namew Lake VMS projects targeting copper, zinc, gold, silver, nickel, palladium, and platinum. The company is pre-revenue and is developing the Irgon project toward near-term lithium concentrate production to supply the North American EV and battery manufacturing supply chain.
Is QMC Quantum Minerals Corp. a public or private company?
QMC Quantum Minerals Corp. is a public company. It is classified as public and is currently operating.
When was QMC Quantum Minerals Corp. founded?
QMC Quantum Minerals Corp. was founded in 2003. It employs 1 to 10 people.
Where is QMC Quantum Minerals Corp. based?
QMC Quantum Minerals Corp. is headquartered in Vancouver, Canada, in the North America region.
How does QMC Quantum Minerals Corp. make money?
Three revenue lines are on record. Lithium Concentrate Sales are the primary driver. The others are base and Precious Metals Sales and tantalum and Cesium By-products.
Does QMC Quantum Minerals Corp. have an API?
No public API is recorded for QMC Quantum Minerals Corp..
What industry is QMC Quantum Minerals Corp. in?
QMC Quantum Minerals Corp.'s product category is Mineral Exploration and Development. Its primary akta.pro industry code is IMAKAFAL, Exploration & Resource Development (Critical Minerals), with a secondary code of IMAKAEAI, Precious Metals Exploration & Project Development. Its NAICS code is 212230 and its SIC code is 1000.