Quantum Critical Metals Confirms Promising Magnetic Anomaly at Quebec NMX East Project

Quantum Critical Metals Corp. has successfully completed a second airborne survey at its NMX East Property in Northern Quebec, confirming a magnetic anomaly with striking similarities to the nearby Nisk nickel and platinum group elements deposit. The company conducted two consecutive airborne surveys in September 2025, beginning with an electromagnetic, very low frequency electromagnetic and magnetic geophysical survey to validate historical government data, followed by a MAG-TDEM airborne survey to obtain higher-resolution data for improved drill target design.

The initial survey results prompted immediate follow-up investigation when they revealed a magnetic anomaly similar in amplitude, strike, shape and size to the anomaly found at the Nisk deposit, according to public results from another MAG-TDEM survey performed over Nisk (Dube, 2023). The second TDEM system survey detected good quality bedrock conductors at greater depths than was previously possible with VLF-EM technology, providing enhanced geological targeting capabilities for nickel-PGE mineralization similar to that of neighboring Power Metallic Mines.

The significance of these findings lies in the growing demand for critical metals that power next-generation technologies and the strategic importance of developing secure North American supply chains. Nickel and platinum group elements are essential components in electric vehicle batteries, renewable energy storage systems, and various industrial applications. The confirmation of geological similarities to an established deposit like Nisk substantially de-risks the exploration process and increases the probability of successful mineral discovery.

According to technical literature, nickel and PGE are commonly searched for with airborne and magnetic surveys to help locate the rock types of interest (Vallee et al. 2024). The NMX East Property's location in Quebec's James Bay region, known for lithium, nickel and platinum group elements, adds regional geological credibility to the project's potential. The technical report detailing the survey methodology and findings is available at https://gq.mines.gouv.qc.ca/documents/EXAMINE/GM73786/GM73786RAP001.pdf.

CEO Marcy Kiesman emphasized the importance of these results for shareholders, noting that the magnetic anomaly's similarity to the Nisk deposit, combined with significant activity in the surrounding James Bay area this season, provides encouraging prospects for the company's exploration program. Quantum is now planning detailed drill targets and intends to apply for drill permits in the upcoming weeks, moving the project closer to the critical drilling phase that could confirm mineralized zones.

The broader implications extend beyond Quantum's specific project to the global critical metals supply chain. As nations seek to reduce dependence on single-source suppliers, particularly for battery metals, successful exploration in stable jurisdictions like Canada becomes increasingly valuable. The mineral exploration techniques demonstrated in this case study, documented in research such as https://doi.org/10.3390/min14121286, show how modern geophysical methods can efficiently identify promising mineral targets while reducing environmental impact compared to traditional exploration methods.