CSE:AMQ - Post Discussion
Post by
MarketMakerss on Jun 28, 2024 2:15pm
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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