B26 Resource Growth Underscores Strategic Polymetallic Potential • 11.3M tonnes Indicated • 7.2M tonnes Inferred 🔑 Exposure to: • 550M lbs #Copper • 370K oz #Gold • 13M oz #Silver • 340M lbs #Zinc We are establishing a significant critical metals company in the heart of the Abitibi Greenstone Belt. One of Canada’s most prolific mining regions. CSE: AMQ.C 🇨🇦 OTCQB: AMQFF 🇺🇸
About us
Abitibi Metals is a Quebec-focused mineral exploration company developing high-grade base and precious metal projects. The flagship B26 Deposit has an updated resource of 11.3 Mt at 2.13% CuEq (Indicated) and 7.2 Mt at 2.21% CuEq (Inferred). A 16,500-metre Phase II drill program concluded with strong results, including 8.08% CuEq over 2.9 metres within 1.94% CuEq over 29 metres. Abitibi also secured 100% ownership of the Beschefer Gold Project, located 7 km from B26, with historical intercepts such as 55.63 g/t Au over 5.57 metres and 13.07 g/t Au over 8.75 metres.
- Website
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http://www.abitibimetals.com/
External link for Abitibi Metals Corp
- Industry
- Mining
- Company size
- 11-50 employees
- Headquarters
- London, Ontario
- Type
- Public Company
- Founded
- 2018
Locations
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Primary
1231 Huron St
London, Ontario, CA
Employees at Abitibi Metals Corp
Updates
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Our CEO, Jonathon Deluce, CPA, CA, just shared an update on our Phase 3 drill program. We now have two drills turning on site and will complete 17,500 metres by year-end. Why does this matter? It marks the first large-scale expansion program in Abitibi Metals' history, with step-out holes testing up to 500 metres away. CSE: AMQ OTCQB: AMQFF #Copper | #Gold | #Mining | #Exploration
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The B26 Expansion Potential: With over 1.8 km of strike length and excellent vertical continuity, the 2024 mineral estimate of B26 outlines a global resource of 11.3MT @ 2.13% Cu Eq (indicated) & 7.2MT @ 2.21% Cu Eq (inferred). The system remains open in multiple directions. We are excited about the months ahead. CSE: AMQ 🇨🇦 OTCQB: AMQFF 🇺🇸
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The holes being drilled in this Phase 3 program have the potential to unlock the next phase of resource growth—and that’s where a company value re-rating begins.” – Jon Deluce, CEO of Abitibi Metals Copper… Read: https://lnkd.in/gdheeaCH CSE: AMQ.C OTCQB: AMQFF
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Watch our CEO, Jonathon Deluce, CPA, CA, comment on this morning's news release, which highlighted progress at the ongoing Phase 3 drill program at the B26 Polymetallic Deposit in Québec. CSE: AMQ.C 🇨🇦 OTCQB: AMQFF 🇺🇸
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NEWS RELEASE Abitibi Metals Expands Mineralization with Successful Step-Out Drilling at B26 Deposit “Hole 1274-17-269-W1b intersected 20 metres of strong VMS style mineralization 80 metres beyond current resource boundary...” Read: https://lnkd.in/gdheeaCH CSE: AMQ.C OTCQB: AMQFF
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“These results build a solid pipeline of new drill targets to support our ongoing infill and step-out drilling at B26. They also strengthen our ability to define and prioritize regional targets, which make up one of the key pillars of our Phase 3 drill program." - Jonathon Deluce, CPA, CA CEO of Abitibi Metals We’re testing multiple extensional targets in our Phase 3 drill program, supported by our newly completed VTEM survey — which has outlined prospective anomalies across an 8.7 km trend. Stay tuned. Drills are turning. Read full news release, here: https://lnkd.in/gsiqB_dA CSE: AMQ.C 🇨🇦 OTCQB: AMQFF 🇺🇸
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Copper prices in the United States jumped more than 12% to a record high... Read: https://lnkd.in/gUh3DSUq CSE: AMQ.C 🇨🇦 OTCQB: AMQFF 🇺🇸 #Copper | #Exploration | #Mining
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ICYMI: “These results build a solid pipeline of new drill targets to support our ongoing infill and step-out drilling at B26. They also strengthen our ability to define and prioritize regional targets, which make up one of the key pillars of our Phase 3 drill program.” - Jonathon Deluce, CEO of Abitibi Metals Read the news release, here: https://lnkd.in/gBgDtWB6 Our Phase 3 Drill program remains ongoing. CSE: AMQ 🇨🇦 OTCQB: AMQFF 🇺🇸
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NEWS RELEASE Abitibi Metals Outlines 8.7 Kilometres of High-Priority Drill Targets from VTEM™ Survey at B26 Project “These results build a solid pipeline of new drill targets to support our ongoing infill and step-out drilling at B26. They also strengthen our ability to define and prioritize regional targets, which make up one of the key pillars of our Phase 3 drill program.” - Jonathon Deluce, CEO of Abitibi Metals. Read: https://lnkd.in/gBgDtWB6 CSE: AMQ 🇨🇦 OTCQB: AMQFF 🇺🇸 #Copper | #Gold | #Silver | #Exploration | #Mining | #Quebec
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