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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 Feb 27, 2024 8:11pm
115 Views
Post# 35902808

How AMQ Plans to Unlock Shareholder Value in 2024 (Article)

How AMQ Plans to Unlock Shareholder Value in 2024 (Article)

As highlighted in the article below, Abitibi Metals Corp.(Tickers: $AMQ.c or $AMQFF for US investors) is emerging as a  vanguard in metal exploration, particularly in the Abitibi Greenstone Belt, concentrating on copper and gold. 


The piece highlights AMQ's Key achievements in 2023 including: 

-A corporate rebranding to align with its mission

-Securing the B26 Polymetallic Copper Deposit

-And raising over $14 million in strategic financing (drawing support from prominent investors like Frank Giustra and Greg Chamandy)


Looking ahead, AMQ is committed to advancing its flagship projects with a substantial $10 million exploration budget, primarily focused on expanding the B26 Deposit and the Beschefer Gold Project, demonstrating a strong commitment to growth.


Notably, the 2018 Resource Estimate for the  B26 Deposit is 6.97 Mt at 2.94% Cu Eq (1.32% Cu, 1.80% Zn, 0.60 g/t Au and 43 g/t Ag) indicated and 4.41 Mt at 2.97% Cu Eq (2.03% Cu, 0.22% Zn, 1.07 g/t Au and 9 g/t Ag) inferred. 

User image


The company aims to deepen its understanding of resource potential and expand its geological footprint through an aggressive drilling program.


Overall, the article highlights how AMQ's journey through 2023 and strategic plans for 2024 reflect a dynamic and forward-thinking approach to metal exploration.


AMQ is actively shaping its future in the mining sector, emphasizing exploration excellence, financial prudence, and stakeholder commitment.


Full article here: https://lykshares.com/post/how-is-abitibi-metals-planning-to-unlock-sharehold/c143d56e-cc27-4dba-a0ed-950d21ced012/


Posted on Behalf of Abitibi Metals Corp.

 
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