Quantum Critical Metals Corp. (TSX.V: LEAP) (OTCQB: ATOXF) (FSE: 86A1) announced today the successful completion of a MAG-TDEM (magnetic-time domain electromagnetic) airborne survey on its wholly owned NMX East Property in Northern Quebec. This follows an initial VLF-EM and magnetic survey completed earlier in September 2025.
The first airborne survey identified a magnetic anomaly that prompted an immediate follow-up investigation. The subsequent MAG-TDEM survey detected good quality bedrock conductors at greater depth than was previously possible with VLF-EM technology. According to the company, the magnetic anomaly on the NMX East Property is similar in amplitude, strike, shape, and size to the anomaly found at the Nisk deposit, based on public results from a MAG-TDEM survey performed over Nisk (Dube, 2023). The Nisk deposit is a known nickel and platinum group element (PGE) deposit located nearby.
Nickel and PGE are commonly targeted with airborne magnetic and electromagnetic surveys to locate favorable rock types (Vallee et al. 2024). The NMX East Property is situated in the James Bay region of Quebec, which hosts known lithium, nickel, and PGE occurrences.
CEO Marcy Kiesman stated: "It is encouraging for shareholders that a magnetic anomaly on the NMX East Property is similar in amplitude, strike, shape and size to the anomaly found at the neighbouring Nisk deposit. With the significant amount of activity undertaken in the surrounding James Bay area this season, we look forward to continuing to provide our shareholders with further updates in the weeks and months to come."
Quantum is now planning detailed drill targets for the NMX East and intends to apply for drill permits in the upcoming weeks. The company's qualified person, Joel Dube, P.Eng., an independent professional of Dynamic Discovery Geoscience, has reviewed and approved the technical disclosure in this release.
References: Dube, J. (2023). Technical Report, Heliborne Magnetic and TDEM Survey, Nisk Project. Quebec MERN Sigeom reference GM73789. Available at https://gq.mines.gouv.qc.ca/documents/EXAMINE/GM73786/GM73786RAP001.pdf; Vallee, M. A., Moussaoui, M., & Khan, K. (2024). Case Studies of Magnetic and Electromagnetic Techniques Covering the Last Fifteen Years. Minerals, 14(12), 1286. Available at https://doi.org/10.3390/min14121286.
