on Quartz Mountain Resources Ltd. (isin : CA74773L3011)
Quartz Mountain Resources Unveils New Porphyry Discovery in British Columbia
Quartz Mountain Resources Ltd. has announced a significant new discovery of a copper-gold-silver porphyry system at its Jake Project in British Columbia. Located 160 kilometers north of Smithers, the maiden drilling program spanned 3,418 meters across seven holes. Drill hole JK24-05 revealed a substantial 355-meter combined copper intercept, signifying the potential scale of the system.
The company has also secured additional mineral claims, potentially expanding the Jake Project into a new copper-gold district. This acquisition underscores Quartz's strategic focus on high-value projects. The discovery aligns with their successful Maestro Project, where high-grade gold-silver deposits were previously unveiled. Quartz plans to initiate drill delineation programs in 2025, first at Maestro, followed by Jake, marking a significant step in potential future transactions.
R. H.
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