Quartz Mountain Resources Begins Drilling at Jake Porphyry Copper-Gold Project

Vancouver, BC / ACCESSWIRE / June 18, 2024 / Quartz Mountain Resources Ltd. (TSXV:QZM)(OTC Pink:QZMRF) has commenced core drilling at its Jake Porphyry Copper-Gold-Silver Project, located 160 km north of Smithers, BC. This follows the recent discovery at their Maestro Project. Porphyry deposits are vital sources of copper, gold, and silver, promising significant gains amid rising metal prices.

The $3.25 million financing closure supports the new drilling program. Quartz Chairman Bob Dickinson highlights the potential for a significant-scale porphyry Cu-Au discovery. Initial plans include drilling five holes, each 500 meters deep. Historical data from Teck Corp. reveals promising Cu-Au-Ag mineralization.

Quartz has invested in modern exploration methods to define high-potential targets, including magnetic surveys, geological mapping, and IP surveying. This comprehensive data has outlined a significant porphyry Cu-Au-Ag deposit target.