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Quebec Silica Resources Corp. ( (TSE:QIMC) ) has issued an announcement.
Québec Innovative Materials Corp. has secured a second regulatory approval from the Nova Scotia Department of Natural Resources and Renewables for Phase 1 drilling at its Bennett Hill Project in the East Advocate area, complementing an earlier approval for the Eatonville Project in West Advocate. The twin authorizations within the same hydrogen-focused district will allow QIMC to run back-to-back three-hole drill programs, maintain operational continuity, optimize contractor use and accelerate subsurface data gathering, while it also advances permitting and technical work at the Little Forks area as the next potential site for Phase 1 drilling, underscoring the company’s strategy to build a scalable natural hydrogen exploration portfolio in Nova Scotia.
More about Quebec Silica Resources Corp.
Québec Innovative Materials Corp. is a mining exploration and development company focused on white (natural) hydrogen and high-grade silica deposits, with properties in Ontario, Quebec, Nova Scotia and Minnesota. The company positions itself as a contributor to clean energy solutions for an AI-driven, carbon-neutral economy through sustainable development, environmental stewardship and innovation.
Average Trading Volume: 748,083
Technical Sentiment Signal: Buy
Current Market Cap: C$100.6M
For a thorough assessment of QIMC stock, go to TipRanks’ Stock Analysis page.