Announcement Date: 2024-03-11
Announcement Type: Exploration Update
Announcement Code: NI43-101
Company name: Abitibi Metals Corp
Project name: B26
Location: Canada
Commodities: Copper
Highlight: Semi-Massive/Massive Sulphides intersected in Extensional Drilling
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: LONDON, ON, March 11, 2024 /CNW/ – Abitibi Metals Corp. (CSE: AMQ) (OTC: AMQFF) (FSE: FW0) (“Abitibi” or the “Company”) is pleased to provide an update on its maiden drill program currently underway at the B26 Polymetallic Deposit (“B26”, the “Project” or the “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 earn 80% over 7 years from SOQUEM Inc (see news release dated November 16, 2023 ).
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