- Goldseek Resources has changed its name to Abitibi Metals Corp. (CSE:AMQ) to focus on the mineral-rich Abitibi greenstone belt
- The company is currently evaluating opportunities to acquire an advanced-stage copper and/or gold project
- The team is specifically seeking to acquire a project located in Québec with good access and supporting mining infrastructure, district-scale growth potential, and has a current resource, historical resource or near resource with existing well-defined targets that can produce a 43-101 resource estimate
- Abitibi Metals Corp. last traded at $0.10 per share
Goldseek Resources has changed its name to Abitibi Metals Corp. (CSE:AMQ) to focus on the mineral-rich Abitibi greenstone belt.
The mineral acquisition and exploration company’s trading symbol on the Canadian Securities Exchange has changed to AMQ, while its OTC and Frankfurt Stock Exchange symbols will remain unchanged.
The company is currently evaluating opportunities to acquire an advanced-stage copper and/or gold project. The team is specifically seeking to acquire a project with the following characteristics:
- Located in Québec with good access and supporting mining infrastructure
- Has a current resource, historical resource or near resource with existing well-defined targets that can produce a 43-101 resource estimate within one year
- Focused on copper and gold with district-scale growth potential
“With the rising demand for copper due to the clean energy transition, Abitibi is focused on acquiring and developing an asset with significant growth potential to meet this future demand,” Abitibi Metals’ CEO and president, Jonathon Deluce, said in a news release. “In early August, the U.S. underscored copper’s essential role by including it in its critical mineral list. Similarly, Canada has signaled its intent to prioritize the development of critical minerals in the coming years, highlighting the pressing need for further development.”
Abitibi Metals Corp. is focused on the development of quality base and precious metal properties that are drill-ready with high-upside and expansion potential. Abitibi’s portfolio of strategic properties provides target-rich diversification, such as the Beschefer Gold Project, where the company recently provided an update on its fall drilling program.
Abitibi Metals Corp. last traded at $0.10 per share.
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