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Quebec Silica Resources Corp. ( (TSE:QIMC) ) has provided an announcement.
Québec Innovative Materials Corp. has reported results from a November 2025 soil-gas geochemical survey over its New Salem zone in the Cumberland Basin, Nova Scotia. The work is part of its broader push to define new hydrocarbon and helium targets within its exploration licenses in the region.
The survey identified a continuous 450-metre methane-rich anomaly within a 1.5-kilometre traverse, accompanied by elevated ethane, propane and butane levels that point to a possible thermogenic source. Helium concentrations above atmospheric background at all 28 sample stations, independently verified by GeoFrontiers using gas chromatography, bolster the case for a deeper geological source and support advancing the New Salem zone toward further geochemical, geophysical and drill-target work.
More about Quebec Silica Resources Corp.
Québec Innovative Materials Corp. is a Canadian exploration company focused on innovative resource opportunities, including hydrocarbons and related subsurface gases. The company is advancing projects in the Cumberland Basin in Nova Scotia, where it is targeting emerging exploration zones with potential thermogenic hydrocarbon and helium accumulations.
Average Trading Volume: 1,201,327
Technical Sentiment Signal: Buy
Current Market Cap: C$135.1M
Learn more about QIMC stock on TipRanks’ Stock Analysis page.