Highlights: Phase 2 Drill Program Well Underway: The Company continues to progress on its 16,500 metre Phase II drill program at the High-Grade B26 Polymetallic Deposit, having completed 10 holes across 8,086 metres to date. Open Pit Development: The Company plans to conduct re-sampling and re-logging of historical drill holes to verify the continuity and potential extensions of mineralized zones that were not included in [...]
We are advised by Abitibi Metals Corp. that journalists and other readers should disregard the news release, Abitibi Metals Extends Western Plunge in Step-Out Drilling at the B26 Polymetallic Deposit, issued 17-Oct-2024 over PR Newswire. This news release was released in error by PR Newswire without the consent of Abitibi Metals Corp. This release issued in error was a duplicate of the release issued on 5-Sept-2024 [...]
Highlights: The 16,500-metre phase 2 drill program is currently underway at the high-grade Polymetallic B26 Deposit. Drillhole 1274-24-338 was designed to test the extension of the high-grade lens identified in hole 1274-16-236, which intercepted 5.08% Cu Eq over 7.1 metres. This hole was extended from a planned depth of 1,250 to 1,422 metres based on positive visuals. The copper-gold zone was hit at 1,206 metres and [...]
Highlights: Second Drill Rig Added: Phase 2 drill program is targeting 16,500 metres with the aim of building credibility for an exploration target supporting our vision to define a 30 - 50 million tonne resource at B26. Major Step-Out Drilling: The first rig is currently drilling an up to 400-metre step-out hole to test the Western Plunge downdip that would expand known mineralization including 5.08% Cu Eq over 7.1 [...]
The 16,500-metre phase 2 drill program is currently underway at the high-grade Polymetallic B26 Deposit. Drillhole 1274-24-338 was designed to test the extension of the high-grade lens identified in hole 1274-16-236, which intercepted 5.08% Cu Eq over 7.1 metres. This hole was extended from a planned depth of 1,250 to 1,422 metres based on positive visuals. The copper-gold zone was hit at 1,206 metres and extended to [...]
Abitibi Metals Corp. is pleased to announce the appointment of Chris Leavy to the Company's Advisory Committee. Chris Leavy, CFA a distinguished Wall Street asset manager with over two decades of experience, has been recognized as a "Top 100 Fund Manager" by Barron's and has held senior positions at leading financial institutions, including BlackRock, Morgan Stanley, and OppenheimerFunds. As the Chief Investment Officer [...]
Highlights: The Phase II drill program is underway with one rig currently on site for a planned program incorporating 16,500 metres of drilling. This program is supported by a successful Phase I which indicated considerable expansion potential with targets organized in three exploration environments: 1) western plunge extension; 2) mid-level target; and 3) open-pit model optimization. Jonathon Deluce, CEO of Abitibi [...]
Highlights: The Company has commenced the Phase 2 - London, Ontario - Abitibi Metals Corp. is pleased to announce the commencement of Phase 2 drilling at its high-grade B26 Polymetallic Deposit . The initial program size is 16,500 metres, subject to expansion based on positive results and visuals observed throughout the program. On November 16th, 2023, the Company entered into an option agreement on the B26 Deposit to [...]
Abitibi Metals Corp. is pleased to announce the appointment of Norman Farrell to its board of directors, effective July 31, 2024 and appointment of Jan Urata as Corporate Secretary of the Company, effective July 16, 2024. Norman Farrell has sat on the board of numerous junior mining companies as the founder, officer and director starting in 1987. From 1993 he was president of Forexport Inc, a wholly owned subsidiary of Le [...]
Highlights: The Company has received results from the 2 - London, Ontario - Abitibi Metals Corp. is pleased to announce the final results from the 2,325 metres of drilling at the Beschefer Project . Abitibi Metals is fully funded with $16.5 million to complete the remaining 1,675 metres planned for the 2024 work program, The Company's Beschefer Project is located approximately 7 km eastward along trend with the B26 [...]
Highlights: The property wide gravity survey is complete at the B26 Project - London, Ontario - Abitibi Metals Corp. is pleased to announce the Company has completed the gravity survey at the B26 Polymetallic Deposit with the final survey results expected in the coming weeks. Of the 1,900 stations planned the Company was able to complete readings at 1,466 stations based on the access currently available at this time of [...]
Highlights: The Company has received the final results from the Phase 1 drill program highlighted by the following intervals: #318 - 0.75% CuEq over 57.75 metres beginning at 81 metres depth, including 2.33% CuEq over 11.3 metres #318 - 0.97% CuEq over 17.05 metres beginning at 164.8 metres depth #325 - 1.16% CuEq over 14 metres beginning at 118 metres depth #326 - 4.43% CuEq over 5.8 metres beginning at 144.5 metres [...]
