Impact: Positive
Quebec Precious Metals (QPM) released new drill results from the La Pointe Extension area at its 100%-owned Sakami project in Quebec. The company reported assays from five holes from its 19-hole (~4,900m) summer diamond drilling program. As QPM continues to churn out positive drill results from the La Pointe Extension, this validates our original thesis that QPM was primed to expand on its initial discovery in James Bay. We believe there is more to come from the Sakami project, and that QPM could continue to add value for shareholders through the drill bit.