Quantum Critical completes second survey over NMX East

Executive Summary

• Quantum Critical Metals completed a second high‑resolution MAG‑TDEM airborne survey on its NMX East property in Northern Quebec.
• The new TDEM data identified deeper, high‑quality bedrock conductors and confirmed magnetic anomalies comparable to the neighboring Nisk deposit, supporting nickel‑PGE targeting.
• The company is now preparing detailed drill targets and intends to apply for drill permits in the coming weeks.

Key Details

• Survey Sequence:
• First survey – very low frequency electromagnetic (VLF‑EM) and magnetic geophysical work to validate historic government data.
• Second survey – MAG‑TDEM airborne survey providing higher‑resolution EM data and deeper penetration.
• Technical Findings:
• TDEM system detected good‑quality bedrock conductors at greater depth than VLF‑EM could achieve.
• Magnetic anomaly from the first survey matches in amplitude, strike, shape, and size to the anomaly at the neighboring Nisk deposit (a known nickel‑PGE target).
• Target Minerals: Nickel and platinum‑group elements (PGE) are the primary focus of the exploration program on NMX East.
• Geological Context: NMX East lies within the James Bay region, an area with documented lithium, nickel, and PGE occurrences.
• Next Steps: Detailed drill target planning is underway; drill permit applications will be submitted in the coming weeks.
• Qualified Person: Joel Dube, P.Eng., independent professional of Dynamic Discovery Geoscience consulting, reviewed and approved the scientific and technical disclosure.

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, Quantum Critical Metals Corp.