Maestro

High Grade Gold-Sliver Lodes Discovery at Prodigy

Property	The Property comprises 13 mineral claims and totals 2,309 ha.
Location	The Property is located approximately 15 km north of the town of Houston. The Prodigy high grade, gold-silver lodes discovery is located 1 km north of the Lone Pine Porphyry Molybdenum Deposit (110 MT 0.08% Mo¹) 1. Historical estimate, P&E Mining Consultant Inc. (2011)
Summary	Two core holes (1,445 meters) discovered new high-grade lodes within a bulk tonnage Au-Ag system at Prodigy. The Property also contains significant molybdenum-copper porphyry-type mineralization. Next Steps: Wealth creation phase set to commence with delineation drill program planned to start H1 2025.
Ownership	100% ownership of all concessions.

Highlights of the Maestro Project

The 100% owned Maestro Project, located in central British Columbia, lies adjacent to Highway 16, 15 km north of Houston and 50 km south of Smithers, providing year-round road access to the Project and nearby infrastructure including, rail, hydroelectricity, and natural gas.

Quartz’s first ever drill test, a maiden two-hole drill program at the Prodigy Zone on the Maestro Property (reported by Quartz News Release dated April 9th, 2024) discovered exciting high-grade Au-Ag lodes, hosted within an extensive epithermal Au-Ag system. The lodes and the more disseminated precious metals, intersected by the drill holes are both hosted within a large and earlier deposited, Mo-Cu porphyry system. Quartz’s second core hole, PR-23-02 intersected 102 m grading 2.22 g/t Au and 104 g/t Ag, including 12 m grading 1.23 g/t Au and 586 g/t Ag and also 36 m of 5.73 g/t Au and 87 g/t Ag. These results indicate high potential for both bulk tonnage and underground high-grade gold and silver mineralization. Notably, green sericite alteration reminiscent of deposits such as Blackwater, which is currently being placed into production near Vanderhoof plays a significant role at Prodigy. The discovery is open in multiple directions and at depth, promising significant further potential. The next milestone towards a transaction will be delineation drilling of the new Prodigy discovery at Maestro, planned to commence in HI 2025.

The Maestro property has a rich exploration history dating back to 1914, primarily focusing on the 110 million tonne Lone Pine Mo-Cu porphyry deposit (see Quartz news release March 19th, 2024) also located on the property. Quartz’s successful drilling was based on a target developed by its comprehensive exploration programs, including soil/silt geochemical sampling, IP geophysics, airborne magnetic surveys, hyperspectral studies and detailed relogging of historical drill core, along with assaying for gold, pulp samples derived from historical assaying of numerous core holes located across the Maestro property that had not been assayed for gold.

Latest News from the Maestro Project

In April of 2024, the Company announced it discovered a substantial new Au-Ag system at Maestro Project in 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

The assay results from its first two diamond drill holes (total 1,445m) at the Prodigy target at Maestro were announced in April 2024, and the results support Quartz's strategy of developing high value, high demand projects
Diamond drill hole PR-23-02, the Company's second hole at Prodigy intersected:
- 102 meters grading 2.22 g/t Au and 104 g/t Ag (3.49 g/t AuEQ^1b, 270 g/t AgEQ^1a)
- Including 12 meters grading 1.23 g/t Au and 586 g/t Ag (8.01 g/t AuEQ, 752 g/t AgEQ)
- And additionally 36 meters of 5.73 g/t Au and 87 g/t Ag (6.69 g/t AuEQ, 471 g/t AgEQ)
The results represent the discovery of a substantial new Au-Ag system at Maestro, potentially related to the Lone Pine Mo-Cu porphyry deposit located approximately 1km south of the Prodigy discovery.
Assay results from PR-23-02 and PR-23-01 combined with results from 10 historical core holes drilled in the period 2007-2011 at Prodigy by a past operator, Bard Ventures Ltd, within an area measuring 275 meters north-south by 400 meters east-west indicate Quartz has discovered high-grade Au-Ag lodes, hosted within an extensive epithermal Au-Ag system. The lodes and the more disseminated precious metals, intersected by holes PR-23-01 and PR-23-02, are both hosted within a large and earlier deposited, Mo-Cu porphyry system.

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Prodigy Drill Hole Plan

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Cross Section From Hole PR-23-02

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Modern Airborne Geophysical Survey

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Maestro Property Claim Block

In March 2024, the Company announced it had expanded the Maestro project area with acquisitions of Lone Pine Porphyry Deposit Claim and North Claim.

Quartz Expands Maestro Project Area with Acquisitions of Lone Pine Porphyry Deposit Claim and North Claim

The Company agreed under two separate transactions, to purchase a 100% interest in each of the Lone Pine Claim and the North Claim. These two mineral claims total 169 hectares and are located within the Company’s 100%-owned Maestro Property located 15km north of the town of Houston, British Columbia.
Consolidation of the 2,309 -hectare Maestro Project area allows continuous, through-going access to explore the potential for multiple overlapping precious and base metal systems in their entirety.
Property assessments to date indicate Maestro hosts multiple overlapping precious and base metal mineralizing events over a large area. Historical drilling of 24,300 meters at Lone Pine delineated a sizable and higher-grade molybdenum porphyry deposit. Quartz believes this system is the heat-engine for potentially extensive, epithermal gold and silver mineralization in addition to molybdenum and copper outboard of the Lone Pine deposit.

Read Full News Release

Notes:

1.

Metal equivalent calculations use prices of: Cu US$4.00/lb., Au US$1800/oz., Ag US$22/oz. and Mo US$15/lb and conceptual recoveries of: Cu 82%, Au 80%, Ag 80%, and Mo 82%. There has been no metallurgical testing on Prodigy mineralization. The equivalencies for each metal are calculated as follows:
- a)
  
  Silver equivalent (AgEQ g/t) = Ag g/t + (Au g/t * (Au recovery /100) * (Au $ per oz./ Ag $ per oz.)) + (Cu %* (Cu recovery /100) * (Cu $ per lb. * 22.0462) / (Ag $ per oz. / 31.10348)) + (Mo % * (Mo recovery /100) * (Mo $ per lb. * 22.0462) / (Ag $ per oz. / 31.10348))
- b)
  
  Gold equivalent (AuEQ g/t) = Au g/t + (Ag g/t * (Ag recovery / 100) * (Ag $ per oz./ Au $ per oz.) + (Cu % * (Cu recovery / 100) * (Cu $ per lb. * 22.0462 /Au $ per oz. / 31.10348)) + (Mo % * (Mo recovery / 100) * (Mo $ per lb. * 22.0462 /Au $ per oz. / 31.10348))