February 16, 2018

Exploring for molybdenum in Quebec

The rise in molybdenum prices since the start of this decade has been nothing less than spectacular, and market prices appear to have stabilized at much higher levels than those seen in the 1990s. The situation is clearly very favourable for molybdenum exploration, which has been relatively neglected in Quebec.

Most of the world’s molybdenum is produced as a by-product from porphyry copper deposits with the balance coming from porphyry molybdenum deposits. In Québec, there are many known deposits of the former type, notably in the Appalachian Mountains (including the Gaspé Copper mine, a former Mo producer), and in the Superior Province. A number of porphyry-type molybdenum occurrences are also known, and although no such deposit has ever been mined in Quebec, the discovery potential is promising for several regions.

This document provides a brief summary of the molybdenum market, the metallogeny of molybdenum, exploration methods, and target regions in Quebec.

The mission of SIDEX is to invest in companies engaged in mineral exploration in Quebec in order to diversify the province’s mineral base and open new territories to exploration.

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© 2001-2022 Sidex L.P.

Telephone: (514) 383-2612

Fax: (514) 850-5449

Toll Free: 1 866 337-4339

ADDRESS

360, Saint-Jacques St.

Suite 1700

Montréal (Québec) H2Y 1P5

Contact Us

© 2001-2022 Sidex L.P.