QMC Quantum Minerals Corp.

12:06 PM EST - QMC Quantum Minerals Corp. : Announced during the recent Irgon drill program, Cabot Corp., the owners of the TANCO Mine, provided QMC the opportunity to evaluate and re-sample the stored drill core derived from the 1978 TANCO drill program. This historical drilling was undertaken on the Central and Mapetre pegmatite dikes which are located within the Irgon Property. During this 1978 drill program, the BQ core was split (using a core splitter) and subsequently analyzed by TANCO to determine the tantalum and tin concentrations. The lithium content had been ignored, as TANCO at that time had no interest in this metal. During this historical program, two short holes were drilled through the Mapetre Dike and 20 short holes were collared on the Central Dike. In the interim, the core has been stored in the TANCO core facilities at the mine site. QMC Quantum Minerals Corp. shares V.QMC are trading off 6.67 percent at $0.21.