Northwire Canada EditionThursday, August 13, 2026
Northwire
CD 0.245 +8.9% DRY 0.310 +1.6% PAAS 73.10 +1.3% S 0.250 −2.0% VOXR 7.22 −0.4% NFG 2.32 +0.0% MFG 3.70 +0.0% ITH 3.90 +1.8% DML 4.59 +0.0% SEVA 0.285 −5.0% CLM 0.055 −8.3% ORE 2.65 −0.4% OOR 0.050 +0.0% MJS 0.095 −5.0% DBG 2.01 −1.0% MOG 0.630 +8.6% CD 0.245 +8.9% DRY 0.310 +1.6% PAAS 73.10 +1.3% S 0.250 −2.0% VOXR 7.22 −0.4% NFG 2.32 +0.0% MFG 3.70 +0.0% ITH 3.90 +1.8% DML 4.59 +0.0% SEVA 0.285 −5.0% CLM 0.055 −8.3% ORE 2.65 −0.4% OOR 0.050 +0.0% MJS 0.095 −5.0% DBG 2.01 −1.0% MOG 0.630 +8.6%
Drill Results

Quantum Completes Second Airborne Survey at NMX East Project in Quebec

LEAP · Price

Executive Summary

  • Quantum Critical Metals completed a high‑resolution MAG‑TDEM airborne survey on its NMX East property, confirming a magnetic anomaly that closely matches the size and shape of the known Nisk deposit.
  • The survey identified deep, high‑quality bedrock conductors not previously detectable with VLF‑EM methods, improving confidence in Ni‑PGE target definition.
  • The company plans to finalize drill targets and apply for drilling permits in the coming weeks.

Key Details

  • Survey Scope: Two airborne surveys were executed on NMX East in September 2025: (1) EM/VLF magnetic survey; (2) MAG‑TDEM survey for deeper conductivity imaging.
  • Anomaly Confirmation: The MAG‑TDEM data revealed a magnetic anomaly matching the amplitude, strike, shape, and size of the Nisk deposit anomaly (reference: Dubé 2023).
  • Depth Advantage: TDEM system detected superior-quality bedrock conductors at greater depths than VLF‑EM could resolve.
  • Target Metals: Survey aimed at locating nickel and platinum‑group element (Ni‑PGE) mineralization, consistent with regional James Bay lithology known for lithium, Ni, and PGE.
  • Next Steps: Detailed drill target planning is underway; drill permit applications are expected in the upcoming weeks.
  • Qualified Person: Joël Dubé, P.Eng., independent professional of Dynamic Discovery Geoscience consulting, reviewed and approved all technical disclosures.

Notable Quotes

“It is encouraging for shareholders that a magnetic anomaly on the NMX East Property is similar in amplitude, strike, shape and size to the anomaly found at the neighbouring Nisk deposit… we look forward to continuing to provide our shareholders with further updates in the weeks and months to come.” – Marcy Kiesman, CEO.

Read the original news release →

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