Current Copper Projections to Meet 80% of Demand by 2030 According to the International Energy Agency, existing mines and projects currently under construction are projected to meet only 80% of the global copper demand by 2030. (Source: https://x.com/abitibimetals/status/1826623890291847398?s=46)
Located in Quebec's Abitibi Greenstone Belt, Abitibi Metals (AMQ.c AMQFF) B26 Polymetallic Copper Deposit boasts a historical resource estimate of 7.0 million tonnes at 2.94% Cu Eq (Indicated) and 4.4 million tonnes at 2.97% Cu Eq (Inferred)
Having begin its phase 2 exploration program encompassing 16,500-meters, AMQ is aiming to significantly expand the historic resource, particularly by testing the underexplored western portion of the deposit with a 1,250-meter drill hole.
For more information, refer to this deep dive on the news: https://www.reddit.com/r/RichTogether/comments/1ex8an0/abitibi_metals_kicks_off_phase_2_drilling_at_b26/
Posted on Behalf of Abitibi Metals Corp.