Northwire Canada EditionWednesday, July 22, 2026
Northwire
CTV 0.110 −4.3% III 7.58 +5.3% NAM 0.240 −2.0% MOG 0.540 +8.0% LUG 79.10 +2.9% TWR 0.165 +3.1% LALI 0.050 +0.0% NFG 2.02 +3.1% APMI 0.145 +0.0% CDE 21.58 +8.3% NVLH 0.075 −11.8% PHNM 0.345 +4.5% AEC 6.71 +11.5% IAU 1.90 +7.3% LOD 0.295 +0.0% FVL 0.990 +8.8% CTV 0.110 −4.3% III 7.58 +5.3% NAM 0.240 −2.0% MOG 0.540 +8.0% LUG 79.10 +2.9% TWR 0.165 +3.1% LALI 0.050 +0.0% NFG 2.02 +3.1% APMI 0.145 +0.0% CDE 21.58 +8.3% NVLH 0.075 −11.8% PHNM 0.345 +4.5% AEC 6.71 +11.5% IAU 1.90 +7.3% LOD 0.295 +0.0% FVL 0.990 +8.8%
Drill Results

QIMC's First-Mover Advantage in Nova Scotia Accelerates Regional Claim Rush as Company Prepares for Winter Drilling in Advocate

QIMC · Price

Executive Summary

  • Over 6,700 new mineral claims were staked in Nova Scotia adjacent to QIMC’s land packages following the company’s presentation at the Halifax Mineral Forum.
  • The staking rush validates QIMC’s exploration model and confirms Nova Scotia as Canada’s most prospective natural hydrogen jurisdiction.
  • QIMC is finalizing collar positions for its inaugural winter drilling program, targeting multiple high‑potential structures identified through recent radon‑thoron and soil‑gas surveys.

Key Details

  • Staking Activity: More than 6,700 new claims were filed by third parties surrounding QIMC’s dominant land holdings in the Cumberland Basin Corridor (Advocate, Apple River, Shulie‑Southampton, Little Forks zones).
  • Land Position: QIMC controls the most strategic hydrogen land packages across multiple high‑priority structural corridors within the Cumberland Basin fairway.
  • Geophysical Validation: Recent high‑resolution radon‑thoron profiling, soil‑gas measurements, and detailed structural mapping reveal strong anomalies indicating active deep advective gas transport and well‑defined fault splays intersecting regional master faults.
  • Drill‑Ready Targets: Integrated geophysical interpretation has identified several subsurface targets deemed suitable for the upcoming winter drilling program; collar locations are being finalized.
  • Corporate Update: Director Lisa Thompson resigned; the Board thanked her for her service.
  • CEO Quote: “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.” – John Karagiannidis, CEO

Notable Quotes

“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…” – John Karagiannidis, CEO.

Read the original news release →

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