FAQ: Quantum Critical Metals' NMX East Project Airborne Survey Results and Next Steps

What is the main announcement from Quantum Critical Metals Corp.?

The company has successfully completed two airborne surveys (MAG-TDEM and EM-VLF-magnetic) at its wholly owned NMX East Property in Northern Quebec, confirming a magnetic anomaly similar to the Nisk deposit.

Why is the magnetic anomaly discovery significant?

The magnetic anomaly on NMX East Property is similar in amplitude, strike, shape, and size to the anomaly found at the neighboring Nisk deposit, which is significant because it indicates potential for similar nickel and platinum group element (PGE) mineralization.

What types of surveys were conducted and what did they achieve?

Quantum conducted two surveys: an EM-VLF-magnetic survey to validate historical data and enhance targeting, followed by a MAG-TDEM survey that detected good quality bedrock conductors at greater depths than previously possible with VLF-EM technology.

Where is the NMX East Property located and why is this location important?

The NMX East Property is located in the James Bay region of Quebec, which is known to contain lithium, nickel, and platinum group elements (PGE), making it a strategic location for mineral exploration.

What are the next steps for Quantum following these survey results?

Quantum is planning detailed drill targets for the NMX East Property and intends to apply for drill permits in the upcoming weeks to further investigate the identified anomalies.

Who is the Qualified Person responsible for the technical disclosure?

Joel Dube, P.Eng., an independent professional of Dynamic Discovery Geoscience consulting for the Company, is the Qualified Person who reviewed and approved the scientific and technical disclosure in this news release.

How does this discovery compare to neighboring projects?

The magnetic anomaly is similar to that found at the Nisk deposit, and the company references Power Metallic Mines as having similar Ni-PGE mineralization targets in the same region.

What minerals is Quantum specifically targeting with these surveys?

The company is targeting nickel and platinum group elements (PGE) mineralization, which are commonly searched for using airborne and magnetic surveys to locate the rock types of interest.