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New Listing: Quebec Nickel Corp. (CSE:QNI)

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Quebec Nickel Corp. has a 100% interest in the Ducros Group Property, located in the eastern part of the mineral-rich Abitibi Greenstone Belt, an established gold mining district which produced over 100 mines, and 170 million ounces of gold since 1901.

Additional Information:

Company: Quebec Nickel Corp.
Website: http://www.QuebecNickel.com
Stock Symbol: CSE: QNI
Date Published: Jul 2, 2021
Transcript: Available

Video Transcript:

I’m Cassandra Bolinski for Investmentpitch Media

Quebec Nickel Corp. a mineral exploration company focused on acquiring, exploring and developing nickel projects in Quebec, is one of the latest new listings on the Canadian Securities Exchange, trading under the symbol “QNI”.

The company has a 100% interest in the Ducros Group Property, located in the eastern part of the mineral-rich Abitibi Greenstone Belt, an established gold mining district which produced over 100 mines, and 170 million ounces of gold since 1901.

The property, which is accessible by a provincial highway that crosses the eastern part of the property, lies 80 kilometres northeast of Val-d’Or, Quebec in the southern area of the Lebel-Sur-Quévillon Mining Camp.

The claims consist of 239 mining claims covering 12,819 hectares.

Presently two known Nickel-Copper-PGE magmatic sulphide showings exist on the current property, which has only seen limited surface sampling and drilling.

However, based on the extensive mapped ultramafic intrusions, considerable potential exists for delineating new sulphide occurrences or extensions of the known historical exploration at depth and along strike.

A 7 hole, 639 metre diamond-drilling program, designed to follow up on previous surface sampling results and to test IP anomalies, was completed in 2008.

Drill hole GCF-08-07, yielded significant results of 0.35% nickel, 0.41% copper, 0.23 grams per tonne platinum, 0.25 grams per tonne palladium, and 0.17 grams per tonne gold over 23.20 metres, starting at just 2.0 metres below surface.

A recent NI43-101 report recommends a phase 1 program, at a cost of $375,000, to include a property-wide heliborne magnetic-electromagnetic survey, property compilation and 3D geological model, property-scale mapping, prospecting and sampling, mechanical outcrop stripping, mapping and sampling programs, and to prepare for first drill program.

David Patterson, CEO, stated: "July 2, 2021, will mark a significant milestone for the Company as we commence trading on the CSE. The Quebec Nickel team has done an excellent job creating this brand-new resource exploration company. We look forward to building shareholder value by exploring our Ducros Group Property in Quebec, Canada. Lastly, I would like to thank our shareholders for their continuing support as we strive to become a leader in exploration and development."

The shares are trading at $0.255 and have yet to trade.

For more information, please visit the company’s website www.QuebecNickel.com, contact Elyssia Patterson, CFO at 778-683-4324 or by email at info@QuebecNickel.com.

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I’m Cassandra Bolinski for Investmentpitch Media