Northwire Canada EditionSunday, July 12, 2026
Northwire
GLDN 0.055 +0.0% BRON 0.040 +0.0% BTO 5.43 −0.7% ESK 0.365 −2.7% AUMN 0.275 +0.0% GGX 0.040 +0.0% S 0.155 +29.2% NNX 0.035 +0.0% ABX 51.90 −0.6% TTS 2.40 −4.0% FCI 0.400 −9.1% GR 0.075 +0.0% AII 23.38 +12.4% TUNG 1.72 +1.8% LGO 1.01 −2.9% EMM 0.080 +0.0% GLDN 0.055 +0.0% BRON 0.040 +0.0% BTO 5.43 −0.7% ESK 0.365 −2.7% AUMN 0.275 +0.0% GGX 0.040 +0.0% S 0.155 +29.2% NNX 0.035 +0.0% ABX 51.90 −0.6% TTS 2.40 −4.0% FCI 0.400 −9.1% GR 0.075 +0.0% AII 23.38 +12.4% TUNG 1.72 +1.8% LGO 1.01 −2.9% EMM 0.080 +0.0%
Drill Results

Quantum Provides Exceptional High-Grade Silver at Babine South

Quantum Confirms High-Grade Silver at Babine South While Market Ignores Breakthrough Gallium Recovery

Executive Summary

The news release dated January 14, 2026, reports re-assay results from surface grab sampling at the Babine South project in British Columbia. The results confirmed exceptionally high-grade silver, with peak values reaching 308 oz/t (9,580 gpt) Ag, alongside 1.35% Zinc and 0.37% Lead. CEO Marcy Kiesman emphasized the project's strategic value given current high silver prices and demand from AI and quantum computing sectors. Concurrently, the company granted 4,000,000 incentive stock options to directors and consultants with an exercise price of $0.10 for a five-year term.

Material Impact
  • The impact is Material - Positive but carries typical exploration caveats. While the silver grades are spectacular (9,580 gpt), it is critical to note these are selective grab samples from surface outcrops. Grab samples are non-representative by nature and do not indicate the scale or continuity of a deposit.
  • This news serves to validate historical data but does not yet advance the project to a resource stage.
  • The timing of the news provides a "tech-pivot" narrative, linking silver to AI and quantum computing, which may assist in retail sentiment but lacks immediate fundamental valuation change without drilling.
  • The grant of options at $0.10 (above the current $0.09 market price) suggests management believes the current price is a floor, though the large volume (4M shares) represents potential future dilution.
LEAP · Price
Company Overview

Quantum Critical Metals (formerly Durango Resources) focuses on "critical" minerals required for Western supply chain security. - Flagship Project: NMX East (Quebec). Originally a lithium prospect, it has evolved into a dual-threat project: Gallium/Rubidium/Cesium hosted in mica (with 93% recovery demonstrated) and a potential Nickel-PGE system similar to the adjacent Nisk deposit. - Other Projects: Discovery (Ga/Rb/Cs), Victory (Antimony), Prophecy (Ge/Ga/Zn), and the Babine Copper/Silver group.

Read the original news release →

More from Quantum Critical Metals Corp.