Quebec Innovative talks "staking rush" in Nova Scotia

Executive Summary

• Quebec Innovative Materials Corp. (QIMC) reports a significant "staking rush" in Nova Scotia, with over 6,700 new claims staked by third parties following the company's presentation at the Halifax Mineral Forum, validating the region as a prospective natural hydrogen jurisdiction.
• The company is preparing for its inaugural winter drilling program, with collar positions being finalized based on recent high-resolution geophysical surveys (radon-thoron profiling, soil gas measurements) that identified active gas migration and multiple subsurface targets.
• QIMC maintains a dominant land position across key structural corridors in the Cumberland basin, including the Advocate, Apple River, Shulie-Southampton, and Little Forks zones.

Key Details

• Staking Activity: Over 6,700 new mineral claims were staked by other parties immediately following QIMC's presentation at the Nova Scotia Mineral Forum. The majority of these claims are adjacent to QIMC's land position in the Advocate and Cumberland basin regions.
• Geological Validation: The staking rush is cited as industry-wide validation of QIMC's exploration model and the geological potential of the Cumberland basin corridor for natural hydrogen.
• Geophysical Results: Recent surveys across the Advocate and West Advocate survey lines have confirmed:
  • Strong radon-thoron anomalies indicating active, deep advective gas transport.
  • Well-defined fault splays and structural intersections connecting to regional master faults.
  • Multiple subsurface targets suitable for winter drilling.
• Drilling Plans: Collar positions for the inaugural winter drilling program are currently being finalized based on the integrated geophysical interpretation.
• Land Position: QIMC controls strategic land packages in the Cumberland basin hydrogen fairway, specifically in the Advocate, Apple River, Shulie-Southampton, and Little Forks zones, which host extensive fault networks, evaporitic sequences, and deep permeability structures.
• Corporate Governance: Lisa Thompson has resigned as a director of the company.

Notable Quotes

• "We were the first to prove with hard data that Nova Scotia has the right geology for natural hydrogen. The subsequent staking rush has made our first-mover advantage undeniable," said John Karagiannidis, CEO.
• "As we prepare for our winter drilling program, our latest geophysical work has pinpointed high-potential targets. QIMC is not just exploring for hydrogen; we are building a vertically integrated clean energy business..."