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Abitibi Metals Corp C.AMQ

Alternate Symbol(s):  AMQFF

Abitibi Metals Corp. is a Canada-based mineral acquisition and exploration company. The Company is focused on the development of base and precious metal properties that are drill-ready with high-upside and expansion potential. Its portfolio of properties includes the B26 Polymetallic Copper Deposit and the Beschefer Gold Project. B26 Deposit is a high-grade copper, zinc, gold, and silver-rich polymetallic volcanogenic massive sulfide (VMS) deposit. B26 Polymetallic Copper Deposit is located approximately 90 kilometers (km) west of Mattagami and 100 km north of La Sarre, near the former Selbaie Mine and covers approximately 3,327 hectares. The Beschefer Gold Project covers approximately 962 acres and is located in the Northern Abitibi Greenstone Belt, 14 km east of the past producing polymetallic Selbaie Mine, 45 km northeast of the Casa Berardi Mine and 30 km from Wallbridge’s Fenelon Gold property.


CSE:AMQ - Post by User

Post by 1StockInformeron Jun 17, 2024 8:24pm
69 Views
Post# 36093223

AMQ.c Appoints AMEX Exploration CEO to Advisory Committee

AMQ.c Appoints AMEX Exploration CEO to Advisory Committee

Copper junior, Abitibi Metals Corp. (Ticker: AMQ.c or AMQFF for US investors), has been making progress at its B26 Polymetallic/Copper Deposit, as exemplified by their latest extension drilling results, such as: 

- 1.78% CuEq over 57.2 meters starting at 235.80 meters depth, including 3.1% CuEq over 13.05 meters

- and 1.89% CuEq over 28.45 meters beginning at 133.4 meters depth, including 6.5% CuEq over 5.25 meters.

User image
 

Overall, AMQ's drilling extended the known mineralized area of the deposit by 75 meters.


The company is well funded, with $17.5 million to finish the remaining 16,500 meters slated for the rest of 2024 and 20,000m slated for 2025. Results from these drilling initiatives are expected be included in a Preliminary Economic Assessment for the project. 


AMQ also recently announced that it has appointed Victor Cantore, the CEO of AMEX Exploration and a seasoned capital markets professional specializing in the resource and hi-tech sectors, to its advisory committee. 


Cantore has over 30 years of advisory & leadership experience with management roles at public and private companies, with specific experience and success in Quebec. He has organized and structured many equity and debt financings, M&As and partnerships. 


AMQ's CEO, Jonathon Deluce, stated, "We are excited to collaborate with Victor on the B26 Deposit as we enter a significant growth phase. With 50,000 meters of drilling fully funded between 2024 & 2025, we are entering a very exciting stage".


Full news here

https://abitibimetals.com/abitibi-metals-announces-appointment-of-victor-cantore-to-advisory-committee/


Posted on behalf of Abitibi Metals Corp.

 
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