AMQ Aims to Meet Future Copper Demand w/ Expanding Project As highlighted in the visualization below, the amount of copper needed to reach climate goals by 2050 greatly exceeds the amount produced throughout human history.
https://x.com/minenergybiz/status/1810955389279547898?s=46&t=WI8lw8MoN5OqPfJMCKEOqg
Abitibi Metals Corp. (Ticker: AMQ.c or AMQFF for US investors) is working to meet future copper demand with its Quebec-focused mineral acquisition and exploration.
AMQ's Beschefer Gold Project has demonstrated significant historical drill results such as 55.63 grams per tonne of gold over 5.57 meters and 13.07 grams per tonne of gold over 8.75 meters.
Another key asset of AMQ is the option to acquire 80% of the B26 Copper/Polymetallic Deposit, which contains a historical resource estimate of 7.0 million tonnes at 2.94% copper equivalent indicated and 4.4 million tonnes at 2.97% copper equivalent inferred.
AMQ's recently completed first phase of drilling at B26 Project extended the deposit's western and eastern limits, expanded mineralization to the north, supported the open-pit mining thesis, and identified several high-grade shoots through infill drilling.
Final results from phase 1 include:
- 0.75% CuEq over 57.75m, including 2.33% CuEq over 11.3m
- 0.97% CuEq over 17.05m
- 1.16% CuEq over 14m
- 4.43% CuEq over 5.8m
- and 3.97% CuEq over 9.75m
The second phase of drilling, set to begin this month, will focus on growth and expansion, targeting down-plunge trends identified by the geological model.
More:https://abitibimetals.com/abitibi-metals-drills-9-75-metres-at-3-97-cueq-at-the-b26-deposit/
Posted on behalf of Abitibi Metals Corp.