Mr. Marc Momeni reports
QUANTUM BATTERY METALS HAS SIGNED LOI TO ACQUIRE COPPER COFFER
PROPERTY
Quantum Battery Metals Corp. has signed a non-binding letter of intent to acquire the Copper Coffer property. The
LOI details the acquisition of the property with 100-per-cent option interest in and to 24 mineral
claims, together with the surface rights, mineral rights, personal property and permits associated
there located on the Copper Coffer property.
About the Copper Coffer property
The Copper Coffer property is a copper prospect with an approximate area of 600 hectares in
jurisdiction of Newfoundland, Canada. The property is located on the Bonavista Peninsula and is
accessible by road via Port Rexton or Trinity, or by plane via the St. John's International Airport,
located 180 kilometres southeast of the property.
- The Copper Coffer property is located on the Bonavista Peninsula within the
tectonostratigraphic Avalon zone.
- The region is characterized by ca. 760 to 540 Ma (million years ago) Late Proterozoic submarine and terrestrial
volcanic rocks, and turbiditic, deltaic and fluviatile sedimentary rocks. The Avalon zone
is subdivided into two sedimentary basins separated by the Spillars Cove-English Harbour
fault. The St. John's basin includes the Conception, St. John's and Signal Hill groups, and
the Bonavista basin includes the Musgravetown Group and Random and Bonavista
formations. The Copper Coffer property falls within the Bonavista basin, within the
Connecting Point, Musgravetown, groups and the Random formation.
- The Copper Coffer property is prospective for sedimentary-hosted stratiform copper
mineralization. These deposits commonly occur as thin (less than 30 metres), peneconcordant sulphide-bearing zones in reduced horizons that overly oxidized continental redbeds, or in reduced
units within continental redbed sequences.
We seek Safe Harbor.
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