Mr. Balraj Mann reports

QMC ANNOUNCES COMPLETION OF 2017 CHANNEL SAMPLING PROGRAM

QMC Quantum Minerals Corp. has completed its fall sampling program and has submitted a total of 144 sawn channel samples for analysis (excluding standards and blanks) to SGS Labs in Lakefield, Ont. To date, a total length of 139.1 metres (456.4 feet) of channel sampling has been completed from 11 sawn channel locations and cut across the width of the Irgon dike. This includes the 104 samples (including standards and blanks) mentioned in the company's Dec. 4, 2017, news release.

Requested analysis of all channel samples currently delivered to, and received by SGS Labs in Lakefield, Ont., consists of sodium peroxide fusion, ICP-AES and ICP MS scans for 56 elements including lithium (Li), tantalum (Ta), niobium (Nb), cesium (Cs), rubidium (Rb) and beryllium (Be); all elements which may potentially be found within the Winnipeg River area rare element-bearing pegmatites.

The company expects the results from first set of samples to be ready in January, 2018.

Between 1953 to 1954, the Lithium Corp. of Canada Ltd. drilled 25 holes into the Irgon dike and subsequently reported a historical resource estimate of 1.2 million tons grading 1.51 per cent Li2O over a strike length of 365 metres and to a depth of 213 metres (Northern Miner, Vol. 41, No. 19, Aug. 4, 1955, p. 3). This historical resource is documented in a 1956 assessment report by B. B. Bannatyne for the Lithium Corp. (Manitoba assessment report No. 94932). This historical estimate is believed to be based on reasonable assumptions and neither the company nor the QP have any reason to contest the document's relevance and reliability. The continuing detailed channel sampling and a subsequent 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 time 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 metal and resource properties of merit. The company's properties include the Irgon lithium mine project, two VMS properties, the Rocky Lake and Rocky-Namew known collectively as the Namew Lake district project. Currently, all of the company's properties are located in Manitoba.