Breakthroughs at the B26 Polymetallic Deposit A recent update from Abitibi Metals Corp. (Ticker: AMQ.c or AMQFF for US investors) showcases significant progress made during its initial drilling campaign at the B26 Polymetallic Deposit in Quebec, Canada.
Highlights:
Early findings from the first four drill holes are encouraging, particularly drill hole 1274-24-294, which revealed substantial intersections. Notably, it uncovered 61.3 meters at 2.5% Cu equivalent (CuEq), with a significant 10.6 meters at 11.4% CuEq. These results suggest the presence of high-grade core zones encircled by lower-grade halos, indicating promising bulk tonnage potential at the B26 Deposit.
Surface Prospects:
Discovery of low-grade near-surface targets across the drilled holes enhances the open-pit potential of the B26 Deposit. Abitibi Metals is committed to fully exploring the mineralization potential, with a total of 8,839 meters drilled across 29 holes thus far
CEO's Insights:
Jonathan Deluce, CEO of Abitibi Metals, expressed satisfaction with the initial results, emphasizing their strategic significance. He highlighted the potential profitability of leveraging the lower-grade material, especially in a favorable copper pricing environment, which enhances the value proposition of the B26 Deposit.
Drilling Strategy:
The Company intends to expand its drilling campaign to explore the down-dip and along-strike potential, as evidenced by the decision to incorporate three additional holes to investigate the high-grade core identified in drill hole 1274-24-294.
Long-Term Vision:
Through this exploration initiative, Abitibi Metals seeks to strengthen its foothold in Quebec's mineral exploration and development sector. The Company's strategic portfolio, including the option to earn 80% of the B26 Polymetallic Deposit and the Beschefer Gold Project, underscores its dedication to acquiring and developing high-quality base and precious metal properties with substantial growth potential.
The favorable progress of the drill program aligns with Abitibi Metals' overarching vision, demonstrating its commitment to unlocking the full potential of the B26 Polymetallic Deposit and contributing to Quebec's mineral exploration landscape.
More here: https://abitibimetals.com/abitibi-metals-drills-61-3-metres-at-2-5-cu-eq-near-surface-at-the-b26-deposit/
Posted on behalf of Abitibi Metals Corp.