PRESS RELEASE : Quebec Precious Metals Provides Update on Sakami drilling and Outlines Plans for 2021

DGAP-News: Quebec Precious Metals Corporation / Key word(s): Drilling Result 
Quebec Precious Metals Provides Update on Sakami drilling and Outlines Plans for 2021 (news with additional features) 
2021-01-27 / 09:00 
The issuer is solely responsible for the content of this announcement. 
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Quebec Precious Metals Provides Update on Sakami drilling and Outlines Plans for 2021 
MONTREAL, QC / ACCESSWIRE / January 27, 2021 / Quebec Precious Metals Corporation ("QPM" or the "Company") (TSXV:QPM) 
(OTCQB:CJCFF)(FSE:YXEP) is pleased to provide an update on the drilling program on its Sakami Project (the "Project") 
in Quebec's Eeyou Istchee James Bay territory and an outline of its exploration plans for 2021. 
Normand Champigny, CEO of QPM, stated: "2020 was a very significant year for QPM with the discovery of the La Pointe 
Extension which redefines the Sakami Project. With drills turning again at Sakami, we expect to discover new areas of 
mineralization both along strike and at depth along the La Pointe deposit trend. This work will assist us in our goal 
of the preparation of a maiden resource estimate. In addition, our new Lloyd surface discovery on the Elmer East 
project,  illustratres the high exploration potential of the James Bay gold camp. We plan to advance our entire project 
portfolio this year. Of critical importance in these challenging times is to continue to apply a rigorous COVID 
protocol to protect the health of our employees, contractors and communities. We hope for a gradual return to normalcy 
during the course of this year." 
Sakami Project (Table 1, Figures 1 to 5) 
  . Discovery at La Pointe Extension significantly increased the mineralized strike length from 
    950 m to 3,450 m and suggests the possibility to further expand to 4,450 m 
  . Mineralization from surface up to a depth of 500 m and open in all directions 
  . 12,361 m of drilling completed in 2020 and 25,778 m since the creation of QPM in 2018 
Since the creation of the Company in 2020, drilling continues to focus on areas in and around the La Pointe deposit. 
Our technical team reviewed and interpreted data from soil geochemical, airborne magnetometer and surface geophysical 
surveys as well as surface rock sampling programs. This resulted in the discovery of the La Pointe Extension where 
drilling started in early 2020. Drilling at La Pointe and La Pointe Extension progressed until the fall of 2020, 
producing some of the best drill results as follows: 
La Pointe Extension 
PT-20-173 - 0.30 m at 60.80 g/t Au 
PT-20-162 - 42.0 m at 1.31 g/t Au 
PT-20-159 - 80.0 m at 1.10 g/t Au 
PT-20-155 - 53.8 m at 1.03 g/t Au 
PT-20-154 - 70.3 m at 1.14 g/t Au 
PT-20-153 - 35.4 m at 1.45 g/t Au 
PT-20-151 - 80.1 m at 1.15 g/t Au 
PT-20-148 - 7.6 m at 2.91 g/t Au 
La Pointe 
PT-20-147 - 7.0 m at 2.69 g/t Au 
PT-20-145 - 4.0 m at 1.31 g/t Au 
PT-20-141 - 11.0 m at 1.04 g/t Au 
PT-20-139 - 3.5 m at 4.15 g/t Au 
Table 1 presents the results of the 2020 drilling and Figures 1 to 5 show: 
  . Drill results and contoured metal factors (estimated true thickness in metres x grade in g/t Au) from all holes 
    reported to date in plan, 3D view and longitudinal section; and 
  . Areas to be drilled in 2021. 
The updated corporate presentation on the Company's web site includes the recent drill results. Complete drill results 
and calculated drill hole composites are also available (https://www.qpmcorp.ca/en/projects/ 
sakami-technical-information/ ). 
The drilling results indicate to date that gold-bearing mineralization at the La Pointe Extension discovery and at La 
Pointe has a similar geological character: hosted within a volcano-sedimentary sequence of the Yasinski Group (La 
Grande Subprovince), which is metamorphosed to amphibolite facies and is strongly deformed by a regional WSW to ENE 
event. This sequence is in contact with sedimentary rocks of the Laguiche Group (Opinaca Subprovince) to the east. The 
lithologies are composed mainly of 1) biotite-rich and silicified paragneiss with intrusions of granodiorite, tonalite 
and pegmatite, and 2) amphibolite (metamorphosed sedimentary iron formation and mafic volcanic rock). The gold 
mineralization is accompanied by disseminated arsenopyrite, pyrite and pyrrhotite and cross-cutting quartz-carbonate 
veinlets. 
The Project provides the Company with a controlling position over a 23-kilometre-long segment of a favourable 
geological contact and comprises 259 claims (131.1 km^2). It is located 570 km north of Val d'Or, Quebec, 120 km east 
of the municipality of Wemindji, 90 km from the Éléonore gold mine and 47 km northeast of the paved James Bay Road. 
Good infrastructure is present including major access roads, a hydro-powered electric grid and airports. Drilling can 
be carried out throughout the year. 
Elmer East project (see press release of January 20, 2021) 
  . Lloyd Discovery made at surface during the 2020 summer 
  . Channel sampling confirmed gold mineralized area approximately 60 m long by 10 m open in all directions. 
  . The most significant composite grades are as follows: 
Channel R4 - 4.06 g/t Au, 38.9 g/t Ag, 1.72 % Zn, 1.88 % Pb over 2.0 m 
Channel R9 - 1.77 g/t Au, 12.3 g/t Ag, 0.30 % Zn, 0.78 % Pb over 1.0 m 
Channel R8 - 1.73 g/t Au, 10.3 g/t Ag, 1.00 % Zn, 0.49 % Pb over 1.0 m 
Channel R7 - 1.18 g/t Au, 10.2 g/t Ag, 0.52 % Zn, 0.71 % Pb over 1.0 m 
Channel R3 - 0.96 g/t Au, 19.5 g/t Ag, 1.66 % Zn, 0.51 % Pb over 2.0 m 
The Lloyd discovery consists of a 1 to 2 m wide SW-NE shallow dipping oxidized quartz vein with various amounts of 
sulphides (galena, sphalerite and chalcopyrite). Mineralization is hosted in an extensional vein in a weakly 
chloritized wacke and paragneiss near the contact with a polygenic conglomerate of the Wabamisk formation. The Elmer 
East project consists of 929 claims 
(488 km^2). 
2021 Exploration Plans 
Winter and summer 
  . Sakami (La Pointe, La Pointe Extension): drilling program (14,000 m, 40+ holes, 2 rigs) based on the drill 2020 
    results combined with the recently interpreted target areas from geological and structural information and induced 
    polarization survey data; metallurgical testing; and surface detailed geological mapping. 
Summer 
  . Elmer East: geological mapping, sampling and trenching along the Lloyd discovery. 
  . Cheechoo- Éléonore Trend: Prospecting work on anomalous gold in till samples. 
  . Blanche and Charles: geological mapping, sampling and prospecting 
Quality Assurance/Quality Control 
For the Sakami project, the drilling contract was awarded to Forage Val-d'Or Inc. based in Val-d'Or, Quebec. The hole 
diameter is NQW. Quality assurance and quality control procedures have been implemented to ensure best practices in 
sampling and analysis of the core samples. The drill core was logged and then split, with one-half sent for assay and 
the other retained in the core box as a witness sample. Duplicates, standards and blanks were inserted regularly into 
the sample stream. The samples were delivered, in secure tagged bags, directly to the ALS Minerals laboratory facility 
in Val-d'Or, Quebec. The samples are weighed and identified prior to sample preparation.  All samples are analyzed by 
fire assay with AA finish on a 30 g sample (0.005-10 ppm Au), with a gravimetric finish for assays over 10 ppm Au. 
Qualified Person 
Normand Champigny, Eng., Chief Executive Officer of the Company, Qualified Person under 
NI 43- 101 on standards of disclosure for mineral projects, has prepared and approved the technical content of this 
release. 
About Quebec Precious Metals Corporation 
QPM is a gold explorer with a large land position in the highly-prospective Eeyou Istchee James Bay territory, Quebec, 
near Newmont Corporation's Éléonore gold mine. QPM's flagship project is the Sakami project with significant grades and 
well-defined drill-ready targets. QPM's goal is to rapidly explore the project to advance it to the mineral resource 
estimate stage. 
For more information, please contact: 
 
Jean-François Meilleur 
President 
Tel.: [phone] 
[e-mail] 
Normand Champigny 
Chief Executive Officer 
Tel.: [phone] 
[e-mail] 
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the 
TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. 
 
Table 1: Sakami Project - Summary of 2020 significant drill results 
Notes: 
 1. All widths are drill indicated core length. 
 2. Drilholes are generally planned to intersect mineralization as close to perpendicular to strike as possible. 
 3. True widths are estimated to range from 75% to 90% of the down-hole length when drillhole inclination and dip of 
    the mineralized horizons are considered. 
 4. All gold values presented are not capped. 
Hole #        UTM E  UTM N   Length (m) Azimuth  Dip  Number of samples From        To      Interval (m) Au 
                                        (°)      (°)                    (m)         (m)                  (g/t) 
La Pointe Deposit 
PT-20-138     375462 5895042 141        135      -50  94                No significant values 
PT-20-139     375532 5895041 60         135      -50  59                36.50       40.00   3.50         4.15 
PT-20-140     375496 5895077 174        135      -63  149               118.00      119.00  1.00         1.17 
                                                                        173.00      174.00  1.00         1.68 
PT-20-141     375536 5895107 132        135      -54  109               54.00       65.00   11.00        1.04 
Including                                                               54.00       55.50   1.50         3.41 
Including                                                               62.30       65.00   2.70         1.66 
                                                                        79.40       80.50   1.10         1.13 

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January 27, 2021 03:01 ET (08:01 GMT)