QMET Applauds QIMC Hydrogen Discovery at West Advocate; Strengthens Geological Case for QMET's Upcoming Nova Scotia Drill Campaign

Executive Summary

• Q Precious & Battery Metals Corp. (QMET) highlights a significant hydrogen discovery by partner Quebec Innovative Materials Corp. (QIMC) at the West Advocate Project in Nova Scotia.
• The first diamond drill hole intersected a ~40‑m wide fault corridor with surface H₂ readings >1,000 ppm, visible gas bubbling and pressurized formation water inflow, confirming a structurally controlled hydrogen system.
• QMET’s adjacent land package lies on the eastern continuation of this structural corridor, materially de‑risking its upcoming drill campaign and strengthening the district‑scale hydrogen model for Nova Scotia.

Key Details

• Discovery Overview: DDH‑26‑01 (first of a planned five‑hole systematic program) intersected an approximately 40 m wide previously unmapped fault corridor between 142 m and 191 m depth.
• Hydrogen Indicators: Surface hydrogen readings exceeded the instrument’s upper detection limit (>1,000 ppm); gas bubbling observed; pressurized formation water inflow recorded. No methane detected; low oxygen levels noted.
• Structural Context: Fault corridor associated with cataclasites and graphite‑rich shear zones, indicating a structurally controlled hydrogen migration system rather than isolated occurrences.
• Regional Implication: The identified corridor aligns with QMET’s land position east of the discovery, supporting the company’s geological rationale for its planned drill campaign in the Advocate district.
• Impact on QMET:
• Validates regional structural hydrogen model.
• Reduces geological uncertainty across the district.
• Enhances confidence in upcoming target selection and drilling plans.
• QMET Planned Activities: Upcoming drill program will test analogous structural targets, magnetic & gravity anomalies, and zones of coincident hydrogen, radon, and thoron anomalies identified from prior surface work.
• CEO Comment (Richard Penn): Emphasized that the discovery “materially de‑risks” QMET’s broader district, transitions the area from conceptual to drill‑confirmed validation, and supports the company’s thesis of a district‑scale hydrogen system.

Notable Quotes

“The confirmation of a hydrogen‑bearing structural corridor at West Advocate materially de‑risks the broader Advocate hydrogen district, including QMET's ground to the east.” – Richard Penn, CEO, Q Precious & Battery Metals Corp.

Materiality Assessment: Material – Positive (the discovery substantially improves the prospectivity of QMET’s Nova Scotia land package and supports upcoming drilling plans).