Q Precious & Battery Metals: Riding Two Megatrends at Once

Many investors in the commodities sector are currently facing a difficult decision: Escalating debt and ongoing geopolitical threats are driving up the price of gold. At the same time, the decarbonization of the world is being driven forward. Both trends promise sustainable growth. But which one is best for investors to invest in? The answer from Q Precious & Battery Metals (CSE: QMET, WKN: A40QEV) is as simple as it is promising: in both, of course.

Having several irons in the fire is also a great advantage for exploration companies, especially when the iron is very hot. Q Precious & Battery Metals has consistently worked its way into this highly interesting position in recent years, as the company has systematically acquired promising projects for the exploration of gold and critical minerals.

Today, Q Precious & Battery Metals therefore has seven separate projects that enable a promising search for gold and critical minerals. The Canadian government has classified a total of 31 elements as critical. They are indispensable if they are to be used in modern energy generation and transmission technologies. They include lithium, nickel, cobalt, copper, graphite and rare earths.

QMET’s activities are focused on the southwest of the Canadian province of Québec, a geologically extremely attractive and at the same time legally very secure area. Q Precious & Battery Metals has five projects here that are 100% owned by the company. They are not only exploring for gold, but also for lithium, nickel, cobalt, zinc, molybdenum and elements of the platinum group.

McKenzie East is an excellent gold property

The McKenzie-East Gold property stands out. It is located north of the town of Val-d’Or in the well-known Abitibi greenstone belt. Not only are many explorers active in this region, but several gold mines and processing plants are also operated in the immediate vicinity. Q Precious & Battery Metals is therefore not only active in the right place, but also has access to a well-developed infrastructure.

For example, the 1,656-hectare site is easily accessible all year round via several logging roads. Q Precious & Battery Metals therefore does not have the problem of not being able to reach its own project, or only by helicopter. In Québec, the exploration projects do not go into hibernation even during the cold season. On the contrary: when the ground is frozen and the heavy technical equipment can be carried without any problems, work continues at a particularly high level of intensity.

The 1,656-hectare McKenzie East Gold property has bedrock covered by a layer one to 20 meters deep consisting mainly of sand, gravel and clay. Only about two kilometers away is the McKenzie Break project explored by Monarch Gold. Monarch Gold has delineated an open pit resource of 939,860 tons at 1.59 g/t gold and an underground resource of 281,739 tons averaging 5.90 g/t gold.

The Golden Valley property is also very promising. It is located around 170 kilometers north of the town of Val d’Or and 26 kilometers south of the Casa Beradi mine, which is operated by Hecla Mining, also in an established gold mining district in which 170 million ounces of gold have been produced in over 100 mines since 1901.

Lithium and critical minerals are the focus of the other projects

Lithium is the main focus for Q Precious & Battery Metals at the La Corne project. However, the property is also considered promising for copper, zinc, lead and molybdenum. An airborne magnetic survey that has already been carried out confirms these assumptions, as do the studies carried out on the ground. Several drill targets have been identified as a result of this work.

Lithium is also the focus of the Pontax project. Here, 101 contiguous claims with a total area of 5,376 hectares are controlled. What makes this under-explored property interesting at present is the success of its immediate and more distant neighbors. These include Patriot Battery Metals with its Pontax project, Brunswick Exploration with its Stria lithium project and the large properties controlled by Li-FT Power Ltd.

As the exploration of the Pontax project is only at the very beginning, Q Precious & Battery Metals is currently busy collecting and evaluating all available historical data in order to start planning the first phase of its own exploration on this basis.

Exciting hydrogen project as a bonus

The project portfolio is rounded off by the Lorrain project, which is currently being investigated for its hydrogen potential. This is because the project is located directly in the area of the major hydrogen discovery made by Quebec Innovative Materials (CNX QIMC) this summer!

This discovery not only triggered a significant rise in QIMC’s share price, but also a veritable hydrogen and staking frenzy, with numerous new players seeking to secure promising land positions. According to CEO Richard Penn, interest in QMET’s project has also increased significantly as a result. The company has held the Lorrain project, which is only 14 kilometers from the QIMC site, for several years. However, the company is only now beginning to examine it for hydrogen. QMET’s geologists are due to visit the project this winter to take first samples.

In addition, there is the Versant project where Q Precious & Battery Metals will search for uranium and rare earth elements. This property is located near the community of Lac Jerome in the Cote-Nord region of the province of Quebéc. A trend runs through the project that contains elevated uranium values as well as rare earth elements. This combination is very intriguing for Q Precious & Battery Metals. The company is therefore endeavoring to collect all available data and prepare for future work on the project.

Conclusion: The fact that the various projects, as different as they are, are all located in Québec and can therefore be reached quickly and easily speaks in favor of Q Precious & Battery Metals. This saves the geological teams long journeys to projects that are far away from each other. This saves a lot of time and money, which can instead be invested in further exploration of the projects. Although the company is still in the early stages of its work on most projects, the associated greater risk is of course offset by a greater opportunity. Will Q Precious & Battery Metals be able to exploit this? The possibility is undeniably there. Goldinvest.de will therefore keep an eye on developments for its readers.