Mr. Balraj Mann reports

QMC RECEIVES WORK PERMIT FOR IRGON LITHIUM MINE PROPERTY

QMC Quantum Minerals Corp. has received the required work permit from the government of Manitoba for the company's Irgon lithium mine property. The company has now mobilized the work crew and equipment to the work site. The initial work program is designed to strip the overburden off the dike thereby exposing it completely along strike. Subsequently, the company will initiate a program of channel sampling across the dike, at intervals along the entire strike length of the dike to extend the known mineralized zone and confirm previous grab sampling, trenching and drilling results.

Between 1953 and 1954, the Lithium Corp. of Canada Ltd. drilled 25 holes into the Irgon dike and reported a historical resource estimate of 1.2 million tons grading 1.51 per cent lithium dioxide over a strike length of 365 metres and to a depth of 213 metres (Northern Miner, vol. 41, No. 19, Aug. 4, 1955, page 3). This historical resource is documented in a 1956 assessment report by Bruce Ballantyne for the Lithium Corp. of Canada Ltd. (Manitoba assessment report No. 94932). This historical estimate is believed to be based on reasonable assumptions and the company/QP (qualified person) has no reason to contest the document's relevance and reliability. A detailed drill program will be required to update this historical resource to current National Instrument 43-101 standards. Historic metallurgical tests reported an 87-per-cent recovery from which a concentrate averaging 5.9 per cent Li2O was obtained. During this historical 1950 era work program, a complete mining plant was installed on site designed to process 500 tons of ore per day and in addition, a three-compartment shaft was sunk to a depth of 74 metres. On the 61-metre level, lateral development was extended off the shaft for a total of 366 metres of drifting from which six crosscuts transected the dike. The work was suspended in 1957, awaiting a more favourable market for lithium oxides and at this point the mine buildings were removed.

The mineral reserve cited above is presented as a historical estimate and uses historical terminology which does not conform to current NI 43-101 standards. A qualified person has not done sufficient work to classify the historical estimate as current mineral resources or mineral reserves. Although the historical estimates are believed to be based on reasonable assumptions, they were calculated prior to the implementation of National Instrument 43-101. These historical estimates do not meet current standards as defined under sections 1.2 and 1.3 of NI 43-101; consequently, the issuer is not treating the historical estimate as current mineral resources or mineral reserves.

Qualified person and NI 43-101 disclosure

The technical content of this news release has been reviewed and approved by Bruce E. Goad, PGeo, who is a qualified person as defined by National Instrument 43-101.

About the company

QMC is a British Columbia-based company engaged in the business of acquisition, exploration and development of resource properties. Its objective is to locate and develop economic precious, base, rare metal and resource properties of merit. The company's properties include the Irgon lithium mine project, two VMS (volcanogenic massive sulphide) properties, the Rocky Lake and Rocky-Namew, known collectively as the Namew Lake district project, and the Carrot River gold property. Currently, all of the company's properties are located in Manitoba.