SOQUEM announces new drill results on its Cardinal Property, extending the Richelieu magmatic nickel-copper-PGE zone

CHIBOUGAMAU, QCNov. 18, 2024 /CNW/ – SOQUEM, a subsidiary of Investissement Québec, is pleased to announce the latest results from the exploration program completed in the summer of 2024 on its Cardinal Property. The property, wholly owned by SOQUEM, is located 80 km southeast of Chibougamau.

This second exploration program aimed to evaluate the continuity of the Richelieu Zone discovered in 2023 (press release of December 11, 2023) and to assess nearby geophysical targets. Thirty (30) holes were drilled for a total of 7,604 metres, including 21 holes for 5,786 metres on the Richelieu Zone.

Highlights :

  • On the Richelieu Zone, hole 1438-24-031 returned grades of 1.05% copper, 0.75% nickel, 0.11% cobalt, 0.575 g/t platinum, 0.486 g/t palladium and 0.088 g/t gold over 11.65 m starting at 45.8 m.
  • The length of the massive to semi-massive sulphide zone has doubled to 450 metres.
  • A newly recognized 800-metre-long electromagnetic conductor 5 km south of the Richelieu Zone is now a priority target.

See the press release

27 February 2026

Val-d’Or, February 27, 2026 – SOQUEM, a subsidiary of Investissement Québec, is pleased to present an update and preliminary results for the ongoing exploration drilling campaign on its Wagosic Project. The wholly owned project lies roughly 90 km west of Matagami, near the former Selbaie mine (56.9 Mt at 0.87% Cu, 1.85% Zn, 0.55 g/t […]

25 February 2026

VANCOUVER, British Columbia, Feb. 24, 2026 (GLOBE NEWSWIRE) — Li-FT Power Ltd. (“LIFT” or the “Company”) (TSXV: LIFT) (OTCQX: LIFFF) (Frankfurt: WS0) is pleased to announce further to its December 15, 2025 press release regarding, among other things, LIFT entering into a non-binding letter of intent with SOQUEM Inc. (“SOQUEM”) and Azimut Exploration Inc., that […]

15 December 2025

LONGUEUIL, Quebec, Dec. 15, 2025 (GLOBE NEWSWIRE) — Azimut Exploration Inc. (“Azimut” or the “Company”) (TSXV: AZM) (OTCQX: AZMTF) is pleased to announce the signing, together with SOQUEM Inc. (“SOQUEM”), of a non-binding letter of intent (“LOI”) to restructure their 50/50 joint venture on the Galinée Property (the “Property”) in the Eeyou Istchee James Bay region of Quebec by selling an […]

18 November 2025

TORONTO, Nov. 18, 2025 (GLOBE NEWSWIRE) — Consolidated Lithium Metals Inc. (TSXV: CLM | FRA: Z36) (“CLM” or the “Company”) is pleased to announce that it has entered into on November 17, 2025 a binding definitive agreement (“DA”) with SOQUEM Inc. (“SOQUEM”), a wholly owned subsidiary of Investissement Québec, pursuant to which the Company has acquired an […]