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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 MarketMakersson Jun 28, 2024 2:15pm
86 Views
Post# 36111193

Codelco's Copper Production Falls Further Behind Target

Codelco's Copper Production Falls Further Behind Target

Emphasizing the substantial need for new copper sources to come online amid, Codelco's copper production fell further behind target in May, underscoring the challenge for the top producer of the red metal to revive output at a 25-year low: https://x.com/robert_ivanhoe/status/1806334046303363347

 

Yesterday, Abitibi Metals (AMQ.c AMQFF) announced the completion of the property wide gravity survey at the B26 High-Grade Polymetallic Copper Project, which boasts an indicated resource of 6.9MT @ 2.94% Cu Eq and an inferred resource of 4.41MT @ 2.97% Cu Eq: https://x.com/StckMasterFlash/status/1806397529103409616

 

From preliminary data received to date, AMQ has identified several high-priority drill targets to be tested outside of the B26 Deposit, including a targeted trend of ~6.7km west of the 1.6km footprint which will be investigated in the upcoming phase 2 drill program

 

Posted on Behalf of Abitibi Metals Corp.


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