Latest News

Quartz Retains Acuity Advisory Corp for Communications and Advisory Services

1/15/2025

Acuity is based in Vancouver and provides corporate communications to Canadian and U.S. listed companies, with a specific focus on the junior mining and mineral exploration sectors. Acuity's founders and principals, Jeffrey Wilson and Roger Blair, have a combined fifty years of public markets experience, and bring to Quartz extensive contacts within the global mining and finance industries. Acuity's network encompasses North American and international institutional and retail investors, investment advisors, investment bankers, mining analysts, high net worth individuals and strategic investors.

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Quartz Mountain Completes 3,418 Metres Of Core Drilling At Jake Property In British Columbia

Quartz Mountain Completes 3,418 Metres Of Core Drilling At Jake Property In British Columbia

8/21/2024

Quartz Mountain Resources Ltd. announces that it has completed 3,418 metres of core drilling in seven holes at its 100% owned Jake project, located 160 kilometres north of Smithers, BC. Core samples have been delivered to ALS Global for analysis. The goal of Quartz’s initial drill program and exploration strategy at Jake is to discover a significant porphyry copper-gold-silver deposit. Porphyry deposits are the world’s most important sources of copper and gold, and their discovery presents the potential for outsized gains.

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Quartz Intersects 102m of 2.22 g/t Au and 104 g/t Ag - Announces New Discovery at Prodigy on its Maestro Project, British Columbia

Quartz Intersects 102m of 2.22 g/t Au and 104 g/t Ag - Announces New Discovery at Prodigy on its Maestro Project, British Columbia

4/9/2024

Quartz announces a new discovery at the company''s Maestro property located near Houston, British Columbia. Quartz has received assay results from its first two diamond drill holes (total 1,445m) completed in December 2023, at the Prodigy target at Maestro and the results support Quartz’s strategy of developing high value, high demand projects

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Quartz Mountain Resources Clarifies Technical Report Status and Information Availability

10/24/2022

Quartz Mountain Resources Ltd. wishes to clarify that two recently commissioned technical reports as announced in our news releases of June 14, 2022 and September 8, 2022 on the Maestro and Jake projects were not prepared as a consequence of any triggering event contemplated by National Instrument 43-101 (Disclosure Standards for Mineral Projects). While the two reports were intended to comply with the substantive content requirements of the instrument, there was no triggering event and accordingly they are not NI 43-101 reports. They should not have been referred to as such and will not be filed on SEDAR.com but rather be kept available only on the Company''s website.

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Matthew Dickinson and Robert A. Dickinson Announce Increase in Control Position

8/23/2022

Matthew Dickinson, a director of Quartz Mountain Resources Ltd. Inc. ("Quartz Mountain") TSXV: QZM, announces that he has acquired control and direction over 1,000,000 Common Shares of Quartz Mountain (the "Acquired Shares") on August 16, 2022 through partial exercise of a previously granted incentive stock option, at $0.20 per share. Matthew Dickinson, and his father Robert A. Dickinson, with whom he acts in concert, is required to file an early warning report under applicable securities laws as their combined ownership of Quartz Mountain voting securities has increased.

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Quartz Mountain Announces Appointment of Robert Dickinson as Chairman and CEO

Quartz Mountain Announces Appointment of Robert Dickinson as Chairman and CEO

5/31/2022

Quartz Mountain has appointed Robert Dickinson as Chairman and CEO. Robert Dickinson is an economic geologist, Canadian Mining Hall of Fame Inductee, and co-founder and Chairman of the Hunter Dickinson group. He has played a central role in the discovery, advancement and funding of many important porphyry deposits. He is currently active with Quartz Mountain, Amarc Resources (IKE, JOY, DUKE), Northern Dynasty Minerals (Pebble), Taseko Mines (Gibraltar, Florence), and Northcliff Resources (Sisson).

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Quartz Mountain Completes Purchase Of BC Mineral Project

7/7/2021

July 7, 2021 Vancouver, BC - Quartz Mountain Resources Ltd. has completed the acquisition transaction announced on June 10, 2021. Under a mineral claims purchase agreement dated June 8, 2021 between the Company and Impala Capital Corp, the Company will acquire a 100% interest in nine mineral claims located near Houston, British Columbia. Under the terms of the Agreement, the Company acquired a 100% interest in the Property by making $105,000 in cash payments and issuing 1,000,000 shares to the Vendor, which are subject to a 4 month resale restricted period. The Property is subject to a pre-existing 2.5% net smelter returns royalty held by an unrelated arm’s length third party, of which 1.5% can be purchased for $1.5 million.

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Quartz Mountain Purchases BC Mineral Claims

6/10/2021

June 10, 2021 Vancouver, BC - Quartz Mountain Resources Ltd. announces that it has entered into a mineral claims purchase agreement to purchase nine mineral claims located near Houston, British Columbia for CAD$105,000 in cash and 1,000,000 shares in the capital of the Company, subject to TSX Venture Exchange approval.

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Quartz Mountain Sells Royalty

2/4/2021

February 04, 2021 Vancouver, BC - Quartz Mountain Resources Ltd. announces that it has sold 100% of its 1% Net Smelter Return Royalty on the Quartz Mountain Gold Property, located in Oregon for US$150,000. The Purchaser is an arms length third party. The Company acquired the Royalty when it sold the Quartz Mountain Gold Property to Seabridge Resources Inc. in 2001.

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Quartz Mountain Announces $500,000 Private Placement

12/30/2019

December 30, 2019, Vancouver, BC - Quartz Mountain Resources Ltd. announces that it has arranged a private placement of 4,545,455 units at a price of $0.11 per Unit with insiders of the Company for proceeds of approximately $500,000. Each Unit consists of one common share and one warrant of the Company. Each Warrant allows the holder to purchase one flow-through common share at a price of $0.15 for a period five years.

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Quartz Mountain Announces Share Consolidation Effective Date

12/29/2017

December 29, 2017, Vancouver, BC - Quartz Mountain Resources Ltd. is pleased to report that the previously announced consolidation of its common shares on the basis of one post-Consolidation common share for every ten pre-Consolidation common shares will be effective on January 2, 2018 and trading of the Company''s common shares will commence on a consolidated basis on the TSX Venture Exchange at the opening on such date.

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Quartz Mountain Closes Private Placement

12/27/2017

December 27, 2017, Vancouver, BC - Quartz Mountain Resources Ltd. announces that further to its news release of December 15, 2017 and subject to TSX Venture Exchange final approval, the Company has completed a private placement for proceeds of $458,863.

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Quartz Mountain Announces Management Changes, Private Placement and Share Consolidation

12/15/2017

December 15, 2017, Vancouver, BC - Quartz Mountain Resources Ltd. announces that Robert Dickinson has been appointed Quartz Mountain''s Executive Chairman and CEO. Rene Carrier and Leonie Tomlinson ICD.D, have been appointed Directors of the Company. Scott Cousens has resigned as Chairman and Director, Ronald Thiessen has resigned as President, CEO and Director and David Mordant has resigned as Director of the Company. Over the months ahead Quartz Mountain plans to assess mineral exploration projects for potential acquisition.

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Quartz Mountain Issues Shares to Settle Debt

3/18/2016

March 18, 2016, Vancouver, BC - Quartz Mountain Resources Ltd. announces, further to a news release of January 18, 2016, that it has issued 2,000,000 shares to Bear Claw Capital Corp. in final settlement of debt owing to Bear Claw. The Company has also made a cash payment and returned the Gnat Property to Bear Claw.

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Quartz Mountain & Bear Claw Amend Convertible Debenture

10/10/2014

October 10, 2014, Vancouver, BC - Quartz Mountain Resources Ltd. announces that Bear Claw Capital Corp. has agreed to further amend the terms of a convertible debenture note that formed part of the payment obligations under a 2012 mineral property purchase agreement to acquire the Gnat Pass Property, which is a portion of the Quartz Mountain''s Galaxie Project located in northwestern British Columbia.

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Quartz Mountain Update

4/4/2014

April 4, 2014 Vancouver, BC - Quartz Mountain Resources Ltd. ("Quartz Mountain" or the "Company") (TSX-V: QZM; OTC: QZMRF) announces that, further to its release of November 15 2013, Amarc Resources Ltd. has terminated joint ventures with the Company and returned earned interests in the Galaxie and ZNT Projects in British Columbia. As a result, Quartz Mountain owns 100% of the Galaxie and ZNT Projects.

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Quartz Mountain Exploration Update

11/15/2013

November 15, 2013 Vancouver, BC - Quartz Mountain Resources Ltd. ("Quartz Mountain" or the "Company") (TSX-V: QZM; OTC: QZMRF) announces an exploration update. Drilling has been undertaken at the ZNT silver property located in central British Columbia ("BC"). The ZNT property is being explored under a joint venture agreement with Amarc Resources Ltd. ("Amarc"). Amarc has acquired a 60% interest and is operator of the ZNT Project, and Quartz Mountain holds a 40% interest.

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Quartz Mountain Exploration Update

9/19/2013

September 19, 2013, Vancouver, BC Quartz Mountain Resources Ltd. ("Quartz Mountain" or the "Company") (TSX-V: QZM; OTCBB: QZMRF) reports results from the summer exploration programs carried out by its joint venture partner Amarc Resources Ltd. ("Amarc") at the ZNT and Galaxie Projects in central and northern British Columbia ("BC"). In particular, surface exploration at the ZNT joint venture property has delineated a compelling silver and zinc anomaly that is ready for drill testing. A permit has been received from government and drilling is expected to commence shortly.

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Amarc and Quartz Mountain Amend ZNT and Galaxie Joint Venture Agreement

7/5/2013

July 5, 2013, Vancouver, BC - Amarc Resources Ltd ("Amarc") (TSX-V: AHR; OTCBB: AXREF) and Quartz Mountain Resources Ltd. ("Quartz Mountain") (TSX-V: QZM; OTCBB: QZMRF) announce they have entered into an amendment agreement (the "Amendment") with respect to their previously executed joint venture agreement (the "JV Agreement") on the ZNT and Galaxie properties (the "Properties") located in central and northern British Columbia ("BC").

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Quartz Mountain Reports Drill Results From Gnat Copper Deposit & Surface Exploration Delineates New Porphyry Copper Deposit Targets At The Galaxie Joint Venture Property, British Columbia

2/21/2013

February 21, 2013, Vancouver, BC - Quartz Mountain Resources Ltd. ("Quartz Mountain") (TSX-V: QZM; OTC: QZMRF) is pleased to provide an update on results from exploration work conducted at the Galaxie property, located on Highway 37, 42 kilometres north of the Red Chris copper-gold mine construction site and 25 kilometres south of the Village of Dease Lake, British Columbia ("BC").

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Quartz Mountain Outlines New Copper and Silver Systems at Galaxie and ZNT Projects, British Columbia

1/29/2013

January 29, 2013 Vancouver, BC - Quartz Mountain Resources Ltd. ("Quartz Mountain") (TSX-V: QZM; OTC: QZMRF) announces results from exploration programs completed in 2012 at the Galaxie and ZNT projects in British Columbia (BC). Induced polarization (IP) geophysical, prospecting and geochemical sampling surveys were undertaken at the Company''s Galaxie porphyry copper property, located near Dease Lake and the ZNT silver-zinc project, located near Houston. These surveys delineated extensive soil and coincident IP anomalies indicating high potential for the discovery of new bulk tonnage-style copper and silver deposits. Targets on each property are ready for drill testing, with permits received from government for both projects.

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Quartz Mountain Arranges $641,000 Non-Brokered Financing

12/28/2012

December 28, 2012, Vancouver, BC -- Quartz Mountain Resources Ltd. ("Quartz Mountain" or the "Company") (TSX-V: QZM; OTC: QZMRF) announces that it has arranged a non-brokered private placement (the "Offering"), comprised of 1,752,409 flow-through common shares at a price of $0.30 per share, and 461,914 non flow-through common shares at a price of $0.25 per share, for gross proceeds of $641,201. A finder''s fee is payable on a portion of the Offering.

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Quartz Mountain Successfully Closes Letter Agreement On The Galaxie And ZNT Projects In BC Galaxie Drilling Underway

12/11/2012

December 11, 2012, Vancouver, BC - Quartz Mountain Resources Ltd. ("Quartz Mountain" or the "Company") (TSX-V: QZM; OTC: QZMRF) is pleased to announce that the letter agreement with Amarc Resources Ltd. ("Amarc") described in the Company''s November 7, 2012 News Release has become unconditional, binding and effective. Under the agreement, Amarc can acquire up to a 50% ownership interest in Quartz Mountain''s 100% owned Galaxie and ZNT Projects (the "Projects") in British Columbia ("BC") upon making a cash payment to Quartz Mountain and funding exploration expenditures in relation to the Projects.

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Quartz Mountain Announces New Director And Chairman

11/22/2012

November 22, 2012, Vancouver, BC -- Quartz Mountain Resources Ltd. ("Quartz Mountain" or the "Company") (TSX-V: QZM; OTC: QZMRF) announces that Scott Cousens has been appointed to the Company''s Board of Directors, effective immediately. Mr. Cousens has also been appointed as Chairman of the Board, replacing Robert Dickinson who is stepping down as Chairman but who will remain on the Board as a director.

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Quartz Mountain Assembles Bulk Tonnage Copper-Gold Project Acquires Galaxie Project & Hotailah Slope Property In Northern BC

7/30/2012

July 30, 2012, Vancouver, BC -- Quartz Mountain Resources Ltd. ("Quartz Mountain") (TSX-V: QZM; OTCBB: QZMRF) announces that it has acquired a 100% interest in the Galaxie Project from Finsbury Exploration Ltd ("Finsbury") through a sale agreement (the "Sale Agreement") dated as of July 27, 2012. In a separate agreement, Quartz Mountain has also acquired a 100% interest in the Hotailah Slope Mineral Claims that lie immediately adjacent and to the south of the Galaxie Project.

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Quartz Completes Buck Property Acquisition As Well As Private Placement And Graduates To TSX Venture Exchange

12/30/2011

December 30, 2011, Vancouver, BC - Quartz Mountain Resources Ltd. ("Quartz" or the "Corporation") (TSX-V: QZM; OTCBB: QZMRF) announces that it has completed its previously reported acquisition of an option (the "Option") to acquire a 100% interest in the Buck gold-silver property (the "Buck Property") located in central British Columbia from Hunter Dickinson Resources Ltd. ("HDRL"). In connection with the completion of the acquisition, Quartz is paying $100,000 in cash and has issued 1,200,000 common shares to HDRL, with up to six million additional common shares to be issued to HDRL upon achievement of certain milestones. In connection with the exercise of the Option on the date hereof, Quartz is paying $20,000 in cash and has issued 100,000 common shares to the owners of the Buck Property (the "Option Grantors"). Under the terms of the Option, the Corporation will pay up to $85,000 in cash and issue up to 550,000 common shares to the Option Grantors within the next three years.

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Quartz Announces $5 Million Flow-Through And Non-Flow Through Financing

12/9/2011

December 9, 2011, Vancouver, BC - Quartz Mountain Resources Ltd. ("Quartz" or the "Corporation") (NEX: QZM.H; OTCBB: QZMRF) announces that it is in the process of arranging a private placement financing of at least $5 million, of which approximately $4 million will be flow-through shares at a price of $0.60 per share and the remainder will be non-flow through shares at a price of $0.50 per share. Insiders of the Company will participate in the financing. The shares issued will be subject to a four month hold period. Finder''s fees may be payable on a portion of the financing. The financing is subject to regulatory approval.

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Quartz Announces Acquisition of Buck Property & Graduation to TSX Venture Exchange

11/23/2011

November 23, 2011, Vancouver, BC - Quartz Mountain Resources Ltd. ("Quartz" or the "Corporation") (NEX: QZM.H; OTCBB: QZMRF) announces the acquisition of an option (the "Option") to acquire a 100% interest in the Buck gold-silver property located in central British Columbia (the "Buck Property") from Hunter Dickinson Resources Ltd. ("HDRL"). Quartz has also made an application to graduate from the NEX Exchange to Tier 2 of the TSX Venture Exchange (the "TSX-V").

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The geological and technical information on this website has been reviewed and approved by Farshad Shirmohammad, P.Geo., a Qualified Person, as defined by National Instrument 43-101, who is not independent of Quartz Mountain Resources Ltd.

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