"Where do we see that growth potential? A big part of that is this western plunge... our first drill program from this program was drilled about 35 meters to the west and about a 100 meters under that historical intercept to help validate the large scale growth potential" - Abitibi Metals (AMQ.c AMQFF) CEO on Phase 2 drilling at the B26 Deposit
https://x.com/AbitibiMetals/status/1830962126258581550
Having recently commenced its Phase II drill program, AMQ targeting 16,500m of drilling to follow up on the success of Phase 1, which revealed significant expansion potential in three key exploration areas: the western plunge extension, mid-level targets, and open-pit optimization.
Notably, the polymetallic deposit has 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).
Well-funded, with $15.5 million allocated for the 2024 drilling program, an additional 20,000 meters of drilling is planned for 2025, which will contribute to an updated resource estimate and a Preliminary Economic Assessment (PEA) to complete the B26 option.
Posted on Behalf of Abitibi Metals Corp.