Highlights: A 10-hole, 2,975-metre drill program has commenced at the Beschefer Gold Project, located about 7km east of B26 Deposit. Drilling will aim to extend the mineralized zone to the northeast and expand high metal factor lenses, including the Central Shallow and East Zones. Highlights of previous intersections include 4.92 g/t gold over 28.65 metres in hole BE-21-02 , 55.63 g/t gold over 5.57 metres in hole [...]
Abitibi Metals is pleased to announce that it has closed its non-brokered private placement raising gross proceeds of $7,109,021.70 through the issuance of 5,940,723 charity flow-through common shares priced at C$0.86 per CFT Share, and 4,761,904 common shares priced at C$0.42 per Share. Jonathon Deluce, CEO of Abitibi, stated, "The successful closing of this Offering marks a pivotal moment for Abitibi as we are now in a [...]
Abitibi Metals is pleased to announce that, due to overwhelming interest, the Company's non-brokered private placement previously announced on March 21, 2024 has been upsized. The Offering will now consist of up to 10,702,627 common shares of the Company, which is expected to close on April 9, 2024, and has been fully allocated. Jonathon Deluce, CEO of Abitibi Metals, stated, "We are pleased to announce the final upsize [...]
Abitibi Metals is pleased to announce a non-brokered private placement to raise gross proceeds of up to C$5,000,000 through the issuance of up to 5,813,953 common shares of the Company that will be closed on or before April 9, 2024 and has been fully allocated. Jonathon Deluce, CEO of Abitibi Metals, stated, "We are pleased to announce the upsize of this strategic financing to be led by the Deluce family. With the success [...]
Abitibi Metals is pleased to announce a non-brokered private placement to raise gross proceeds of up to C$3,000,000 through the issuance of up to 3,488,372 common shares of the Company that will be closed before April 9, 2024. Jonathon Deluce, CEO of Abitibi Metals, stated, “We are pleased to announce this strategic financing to be led by the Deluce family. With the success of our on-going maiden drill program, this [...]
Abitibi Metals is pleased to announce results from the first four holes of the maiden drill program currently underway at the B26 Polymetallic Deposit. The Company is currently completing its winter drill program at the Deposit, where a minimum of 12,000 m is targeted by the end of March under the first phase of a fully funded 30,000-metre 2024 field season. On Nov 16th, 2023, the Company entered into an option agreement [...]
Abitibi Metals is pleased to announce that a third drill rig has been secured for the on-going maiden drill program underway at the B26 Polymetallic Deposit. The third rig is expected to arrive on Tuesday, keeping the Company on track to complete over 10,000 m across its three priority targets by quarter end under the first phase of a fully funded 30,000-metre 2024 field season. On November 16th, 2023, the Company entered [...]
Abitibi Metals Corp. is pleased to provide an update on its maiden drill program currently underway at the B26 Polymetallic Deposit. The Company is currently completing its winter drill program at the Deposit, where a minimum of 10,000 m is targeted by the end of March under the first phase of a fully funded 30,000-metre 2024 field season. On Nov 16th, 2023, the Company entered into an option agreement on the B26 Deposit [...]
Abitibi Metals is pleased to announce results from the first two holes of the maiden drill program currently underway at the B26 Polymetallic Deposit. The Company is currently completing its winter drill program at the Deposit, where a minimum of 10,000 m is targeted by the end of March under the first phase of a fully funded 30,000-metre 2024 field season. On Nov 16th, 2023, the Company entered into an option agreement [...]
bitibi Metals is pleased to announce that it has successfully uplisted and begun trading on the OTCQB under the ticker symbol "AMQFF", effective February 28, 2024, and that the Depository Trust Company has made Abitibi Metals’ shares eligible for electronic deposit at DTC, allowing the Company to be more easily traded by and accessible to US institutional and retail investors. The Company is also pleased to announce that [...]
Abitibi Metals is pleased to provide an update on its drill program currently underway at the B26 Polymetallic Deposit. The Company is currently completing its winter drill program at the Deposit, where a minimum of 10,000 metres is targeted by the end of March under the first phase of a fully funded 30,000-metre 2024 field season. On November 16th, 2023, the Company entered into an option agreement on the B26 Deposit to [...]
Abitibi Metals is pleased to announce the arrival of a second drill on-site at the B26 Polymetallic Deposit. The Company is currently completing its winter drill program at the Deposit, where a minimum of 10,000 m is targeted by the end of March under the first phase of a fully funded 30,000-metre 2024 field season. On Nov 16th, 2023, the Company entered into an option agreement on the B26 Deposit to earn 80% over 7 years [...]
