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An update from Quebec Silica Resources Corp. ( (TSE:QIMC) ) is now available.
Québec Innovative Materials Corp. has reported strong hydrogen results from its second borehole, DDH-26-02, at the West Advocate project in Nova Scotia, where peak concentrations reached 8,249 ppmV at 434 metres. The readings are roughly 2.75 times higher than those from the first hole and show hydrogen occurring in multiple structurally controlled zones, with values increasing toward depth.
The company says elevated hydrogen persisted to the end of drilling at 500 metres, suggesting the system remains open and not yet fully defined. These results, which align with its pre-drill R2G2 targeting model and are overseen by independent scientific review, indicate a broader hydrogen-bearing system that could improve QIMC’s exploration prospects as further drilling tests deeper and along key fault trends.
More about Quebec Silica Resources Corp.
Québec Innovative Materials Corp. is a Canadian exploration company focused on natural hydrogen resources, advancing early-stage subsurface hydrogen targets. The company is currently concentrating its efforts on the West Advocate project in Nova Scotia’s Cobequid-Chedabucto Fault Zone, using its proprietary R2G2 model to guide drilling and structural targeting.
Average Trading Volume: 1,014,881
Technical Sentiment Signal: Buy
Current Market Cap: C$181.4M
See more insights into QIMC stock on TipRanks’ Stock Analysis page.