Aaron Stone, Vice President Exploration of QcX, stated, “Now that we are armed with these fantastic IP results, the Company now has an established dataset to plan for our inaugural drill program on Golden Giant.
The program aids in detecting the presence of sulphide mineralization below the earths surface as well as areas of increased or decreased resistivity which may indicate hydrothermal activity.
The Golden Giant Project is located in the James Bay region of Québec, only 2.9 km away from Azimut Exploration Inc.’s Patwon discovery on their Elmer gold project.
Factors that could cause actual results or events to differ materially from current expectations include, among other things, failure to meet expected, estimated or planned exploration expenditures, failure to establish estimated mineral resources, the possibility that future exploration results will not be consistent with the Company’s expectations, general business and economic conditions, changes in world gold markets, sufficient labour and equipment being available, changes in laws and permitting requirements, unanticipated weather changes, title disputes and claims, environmental risks as well as those risks identified in the Company’s annual Management’s Discussion and Analysis.