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Bullboard - Stock Discussion Forum 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... see more

CSE:AMQ - Post Discussion

Abitibi Metals Corp > Drilling Results from AMQ.c's B26 Polymetallic Deposit
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Post by 1StockInformer on May 07, 2024 6:02pm

Drilling Results from AMQ.c's B26 Polymetallic Deposit

Abitibi Metals Corp. (Ticker: AMQ.c or AMQFF for US investors), recently shared its latest results from the ongoing drill program at its B26 Polymetallic Deposit in Quebec.


The B26 Main Deposit has a continuous strike length of 1km, making it a key part of AMQ's portfolio. 

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Results include 2.82% CuEq over 44.5 meters, 3.35% CuEq over 20.75 metres and 3.24% CuEq over 9.9 metres underscoring the high mineralization potential of the deposit. 


CEO Jonathan Deluce highlighted how the deposit continues to deliver exceptional results which add to AMQ's goal of better defining the high-grade lens and outlining the lower-grade near-surface halo, which supports the company's bulk-tonnage open pit target.


AMQ's potential is underscored by its strong cash position, with $18 million available for future exploration initiatives as well as the overall favorable copper market. 


The B26 deposit, situated in Quebec, a globally renowned mining jurisdiction, stands out for its potential to supply copper and other essential metals amid increasing demand.


More in the full press release: https://abitibimetals.com/abitibi-metals-drills-44-5-metres-at-2-82-cueq-in-central-drilling-at-the-b26-polymetallic/


Posted on behalf of Abitibi Metals Corp.

 
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