Finalizing Phase 2 Drill Program With the final results from Abitibi Metals' (AMQ.c AMQFF) phase 1 drill program reporting 9.75m at 3.97% CuEq, AMQ has successfully met a range of objectives amid finalizing its phase 2 program, set to commence in July: https://x.com/StckMasterFlash/status/1804233865092895140
Targeting the expansion of the B26 deposit, a 6.9MT @ 2.94% CuEq indicated resource, AMQ is well-funded with ~17M to complete the remaining 16,500m planned for the 2024 work program as well as an additional 20,000m in 2025 to produce a PEA & complete the B26 option.
As a new copper super cycle has emerged due to several rising geopolitical and market trends, AMQ is on track for a catalyst filled summer as it aims to build a resource that is saleable to a major, with a target size of 20 to 30 million tonnes.
Posted on Behalf of Abitibi Metals Corp.