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XXIX Metal Corp V.XXIX

Alternate Symbol(s):  QCCUF

XXIX Metal Corp., formerly QC Copper and Gold Inc., is a copper developer. The Company is engaged in advancing its Opemiska and Thierry Copper projects. The Opemiska property spans over 13,000 hectares in Quebec's Chapais-Chibougamau region. The Thierry Copper Project spans approximately 7,907 hectares and historically produced 5.8 million tons grading 1.13% copper, and 0.14% nickel. Thierry hosts two resource-stage deposits, including Thierry Underground, known as K2 and the K1 Open Pit.


TSXV:XXIX - Post by User

Comment by stinkdetectoron Jan 30, 2021 10:43am
101 Views
Post# 32428052

RE:RE:RE:RE:above 0.2

RE:RE:RE:RE:above 0.2Assumung Ex-In never advanced to the PEA / Feasibility study point at Opemiska?  Selling to any tier at a significant premium would be great.  I can wait around for that :) 

QCCU Investor overview outlines differing thesis on the properties  -https://qccopper.com/site/assets/files/2670/qc_copper_gold_corporate_presentation_2020_12_29.pdf


Starting premise for QC Copper & Gold was to develop an open cut operation mining high grade veins either left behind or undiscovered by Falconbridge   But we had a theory… – What if there is also broad disseminated copper mineralization?
  • Ex-In drilling showed disseminated copper outside high grade veins
  • Lower grade material was completely ignored by Falconbridge
  • Disseminated copper could be mined together with high grade veins via an open cut operation Open cut, bulk tonnage operation could have exceptional economics
  • This model has been successful in Canada:
  • Malartic (295Mt @ 1.71 gpt gold; 16.25 Moz)
  • Detour Lake (636Mt @ 1.00 gpt gold; 20.53 Moz)
  • Cote Lake (555Mt @ 0.80 gpt gold; 14.02 Moz)

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