HPQ Silicon Resources Inc is pleased to advise shareholders that its exploration team is on the property mobilizing the equipment for a 2,000 metres diamond-drilling program on our Roncevaux Quartz property located in Matapedia in the Gaspe region of Quebec (September 28, 2017 PR).
In addition to the announced objective of delineating a quartz (SiO2) resource to a depth of 50 meters, the drilling program will test for potential NE and SW extensions of the quartz vein. The drill rig will then be mobilized to a white quartz vein on the southern part of the property outcropping along a small feeder stream to the nearby Roland Creek where 4 short holes where drilled and returned gold assays of 8,26 g/t Au, 0,58 g/t Au, 0,49 g/t Au and 0,34 g/t Au from unspecified core length (GM 57622 Beaulieu 1992).
Patrick Levasseur, President and COO of HPQ Silicon stated, "While delineating a quartz resource is a crucial requirement for our goal of completing a Preliminary Economic Assessment (PEA) during 2018, doing two 50-ton bulk samples for raw feed for metallurgical testing using the PUREVAPtm Quartz Reduction Reactors is also significant implementation of our plan to make HPQ a vertically integrated solar grade silicon metal company." Mr. Levasseur also stated, "being able to increase the scope of the program to include drilling of the Roland Creek Gold outcrop identified in 1992, could prove to be a great bonus for HPQ shareholders."
ABOUT THE RONCEVAUX QUARTZ PROPERTY
During 2014, sampling and analysis done by the company revealed the Roncevaux quartz is of exceptional purity suitable for both high purity quartz applications and as raw feed for the production of silicon metal. The corrected silicon dioxide average for the 20 samples assayed is 99.65 %, ranging from 99.37 % to 99.86 % (December 16, 2014 PR).
In March 2015, HPQ received third party validation of the potential of the material when a major Silicon Metal Producer expressed an interest in the High Purity Lump Quartz material from the Roncevaux property, after our material successfully passed their rigorous testing protocols (March 2, 2015 PR).