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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 11, 2024 7:18pm
46 Views
Post# 36083758

AMQ's Drilling Results at B26 Expands Mineralized Zone

AMQ's Drilling Results at B26 Expands Mineralized Zone

Abitibi Metals Corp. (Ticker: AMQ.c or AMQFF for US investors) recently shared results from its latest extension drilling at the B26 Polymetallic/Copper Deposit. These results represent a pivotal advancement in the Company's exploration endeavors.


Notable intercepts include 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


The drilling strategy was partially designed to extend the eastern margins of the B26 Deposit and effectively expanded the known mineralized area by 75 meters from previous drilling records.


AMQ has $17.5 million earmarked to complete the remaining 16,500 meters of drilling and the company also plans to drill an additional 20,000m in 2025, which will be included in a Preliminary Economic Assessment to further the B26 project.


More here: https://abitibimetals.com/abitibi-metals-drills-57-2-metres-at-1-78-cueq-in-extensional-drilling-at-the-b26-deposit-including-13-1-metres-at-3-1-cueq/
 

Posted on behalf of Abitibi Metals Corp.

 
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