Geological features a perfect fit

In the Canadian province of Québec, Q Precious & Battery Metals (CSE: QMET, WKN: A40QEV) has acquired a natural hydrogen exploration property in the Appalachian region. At the same time, the company announced that it has entered into a collaboration agreement with Québec Innovative Materials Corp., North America’s leading natural hydrogen exploration company!

With this double blow, Q Precious & Battery Metals is significantly expanding its involvement in the critical minerals and energy transition space by exploring and developing natural hydrogen deposits, unlike many competitors who are also exploring and developing deposits of critical minerals. This will slowly but surely make Q Precious & Battery Metals an important developer of strategic resources in the province of Québec and beyond if the company’s plans come to fruition.

QMET’s newly acquired Matane hydrogen project encompasses a highly prospective exploration area located in a transition zone between Cambro-Ordovician and Siluro-Devonian rock formations. More than 80 claims have been acquired, stretching 26 kilometres along the Schickshock South fault zone. It represents a well-defined structure with strong geological indicators for the formation of natural hydrogen.

The unique geology of the Matane region is characterised by basaltic and peridotitic host rocks, tectonised zones and deep fault systems. It thus provides an exceptional environment for hydrogen generation through oxidative hydrolysis and radiolytic reactions. The presence of porous and permeable sedimentary formations further enhances the potential for hydrogen accumulation and makes the acquisition a strategic addition to Q Precious & Battery Metals’ portfolio.

Collaboration with North America’s leading developer of hydrogen projects

In addition to the acquisition of the hydrogen project, Q Precious & Battery Metals has entered into a strategic cooperation agreement with Québec Innovative Materials Corp. This agreement ensures that QMET has access to its partner’s state-of-the-art expertise in hydrogen exploration and development. Québec Innovative Materials is not just any company developing hydrogen projects in North America, but the undisputed market leader. As such, it has achieved breakthrough results at its properties in Québec with hydrogen concentrations exceeding 7,000ppm and the near-absence of carbon dioxide (CO2) and methane (CH4).

Québec Innovative Materials will therefore also be able to provide technical insight and operational support for QMET to optimise exploration and resource validation at Matane. In addition to the extraction of natural hydrogen at Matane, the agreement also aims to accelerate the exploration of natural hydrogen in the region by combining Q Precious & Battery Metals’ in-depth geological expertise with QIMC’s practical experience and innovative methods.

A short-term capital increase is to facilitate the acquisition

The project was acquired from Zadkiel Holdings Inc. for a price of US$25,000 plus the transfer of 6,000,000 common shares of Q Precious & Battery Metals. Québec Innovative Materials will be compensated for its services with 4,000,000 QMET common shares, with the issued shares to be held for a minimum of four months and one day.

In addition, Q Precious & Battery Metals has granted the sellers and QIMC a royalty of 2.0 per cent on revenues from the sale of hydrogen or other minerals extracted from the property. To finance the related expenses, Q Precious & Battery Metals will carry out a capital measure in the coming weeks that is expected to generate a minimum of US$500,000.

Q Precious & Battery Metals sets course for a promising future

For Q Precious & Battery Metals, the acquisition of the Matane hydrogen project is therefore a significant milestone, as the company is not only expanding its presence in the rapidly growing natural hydrogen sector. The geological characteristics of the project also fit perfectly with its mission of sustainably developing Québec’s energy potential.

In the coming months, the two companies will begin fieldwork and data collection, with initial geological surveys, geochemical sampling and targeted drill programs. They will also work closely with local communities and stakeholders to ensure responsible resource development that meets environmental and regulatory standards.

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