The KE Report

Abitibi Metals - 20,000 Meter Drill Program Expanding High-Grade Copper-Gold Mineralization at the B26 Deposit, Quebec


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In this KE Report Company Update, Jon Deluce, President and CEO of Abitibi Metals (CSE:AMQ - OTC:AMQFF - Frankfurt:4KG), provides an update on the B26 Copper-Gold Deposit in Quebec’s Abitibi region, where the company is delivering some of its strongest results to date.

Key Highlights:

  • High-Grade Drill Results:
  • Latest intercept of 4.46% CuEq over 21.1m (up to ~6% CuEq with gold and silver credits) has driven the expansion of the Phase 3 program to 20,000m with three active rigs.

  • Resource Growth:
  • The 2024 resource stands at 18Mt averaging ~2% CuEq, with modeling showing potential to rise to ~2.7% CuEq at higher metal prices.

  • Expansion Focus:
  • About 80% of drilling targets extensions beyond the resource, including 500m step-outs, aiming to outline a 30+Mt deposit comparable to the historic Selbaie Mine nearby.

  • Funding & Strategy:
  • Fully funded through Q1 2027 with $14M in cash; advancing toward 80% ownership of B26 via a PEA and final equity top-up with SOQUEM (Investissement Québec).

  • Regional Upside/Exploration:
  • 100%-owned Beschefer Gold Project, 7 km away, features strong historical results (best result of roughly 56g/t over 5.5 meters) with drill permits expected soon.

  • Next Steps:
  • Continued drill results, a potential strategic investment, and updates on expansion plans into 2026.

    If you have any follow up questions for Jon please email me at [email protected].

    Click here to visit the Abitibi Metals website.  

     

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    Investment disclaimer:
    This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security. Investing in equities and commodities involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.

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