AMQ Highlights High-Grade Copper-Gold Project in Video In a recent interview on RocksAndStocksNews, Abitibi Metals (Ticker: AMQ.c; AMQFF for US investors) CEO Jon Deluce shared updates on the company's progress with the B26 Copper/Polymetallic Deposit. Located in Quebec’s mineral-rich Abitibi Greenstone Belt, the B26 project is a key focus for Abitibi Metals as they advance exploration efforts in one of the world’s premier mining regions.
Location and Strategic Significance:
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B26 is positioned near the past-producing Selbaie Mine, one of the largest Volcanogenic Massive Sulphide (VMS) deposits, which produced copper, zinc, gold, and silver.
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VMS deposits often occur in clusters, giving AMQ’s project significant exploration potential.
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Quebec's favorable mining policies and support from government-backed entities like SOQUEM have accelerated the advancement of the B26 project since its acquisition in late 2023.
Drilling and Exploration Strategy:
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AMQ resumed drilling at the B26 Deposit in August 2024.
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The current drill program is 16,500 meters, focused on better defining high-grade mineralized trends identified in earlier drilling campaigns.
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A second drill was recently added to the site, targeting deeper mineralized zones beyond the near-surface VMS system.
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The exploration is focused on uncovering deeper copper mineralization, which holds the potential for substantial upside as VMS systems often extend at depth.
Copper Market Trends and AMQ’s Strategic Positioning:
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Global demand for copper is expected to rise as supply remains constrained, which has attracted increased interest from major mining companies in securing high-grade copper assets.
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AMQ’s high-grade copper deposit and favorable location make it an appealing target for strategic partnerships or investments from larger players in the industry.
With copper supply challenges and growing demand, AMQ's B26 Deposit is well-positioned to capitalize on market trends, making it an attractive opportunity for investors looking for exposure in the copper sector.
Full interview here:
Posted on behalf of Abitibi Metals Corp.