Abitibi Metals Corp. (AMQ) News
CSE: AMQ · Gold · Advanced Exploration stage
- Market cap$172.4M
- Share price$0.710
- 52-week range$0.235 – $0.980
- Shares outstanding242,762,751
- ExchangeCSE
- Properties6
- Websiteabitibimetals.com
Abitibi Metals Corp. is dedicated to acquiring and exploring mineral properties within Quebec, with a particular emphasis on high-quality base and precious metal assets that offer significant potential for growth and expansion. The Company’s flagship B26 Polymetallic project, in a joint venture with SOQUEM (80% Abitibi, 20% SOQUEM), hosts a substantial and growing resource base: Indicated: 12.96Mt at 2.08% CuEq (1.19% Cu, 1.16% Zn, 0.44 g/t Au and 30.8 g/t Ag) Inferred: 12.34Mt at 2.20% CuEq (1.60% Cu, 0.16% Zn, 0.68 g/t Au and 8.1 g/t Ag) . The B26 project is strategically located just 7 km southeast of the formerly producing Selbaie Mine. This proximity provides the project with access to key infrastructure required for potential mine development. In addition to the B26 Deposit, Abitibi's portfolio includes the Beschefer Gold project, historical drilling has identified four notable, historical intercepts with a metal factor of over 100 g/t gold highlighted by 55.63 g/t gold over 5.57 m (BE13-038) and 13.07 g/t gold over 8.75 ms (BE12-014) amongst four modelled zones. These promising findings highlight the potential for further gold discoveries within the project area.
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