Abitibi Metals Corporation (QB) (AMQFF) News

Good recap here of Abitibi’s recent news of drilling 4.9% CuEq over 5.1 metres within 2.1% CuEq over 13.6 metres, starting at 367 metres depth, in 1 hole of a 7 hole 5,257m portion of the Phase 2 program at the B26 Polymetallic Deposit.
https://www.reddit.com/r/Penny_Stocks_Canada/comments/1hi33pj/abitibi_metals_corp_amqc_amqff_recent_news/

*Posted on behalf of Abitibi Metals Corp.

Abitibi Metals Corp. (AMQ.c AMQFF) announced today they drilled 4.9% CuEq over 5.1 metres within 2.1% CuEq over 13.6 metres, starting at 367 metres depth at their B26 Deposit in Quebec.

More on the news here: https://abitibimetals.com/abitibi-metals-drills-4-9-cueq-over-5-1-metres-within-2-1-cueq-over-13-6-metres-at-the-b26-polymetallic-deposit/

Posted on behalf of Abitibi Metals Corp.

Following increasing its resource estimate by 62%, Abitibi Metals (AMQ.c AMQFF) released additional results from its Phase II drill program at the B26 Deposit which marked the deepest intercept in its projects history, reporting 4.9% CuEq over 4m within 2.4% CuEq over 17.5m in extensional drilling: https://www.reddit.com/r/smallstreetbets/comments/1gvbnh6/abitibi_metals_cse_amq_otcqb_amqff_reports/

Today, AMQ.c shared its deepest intercepts from drilling at its B26 Copper/Polymetallic Deposit: 4.9% CuEq over 4m within 2.4% CuEq over 17.5m at 1,186.6m depth, extending 200m below previous drilling, suggesting strong resource expansion potential. Current deposit resources estimate = 11.3 MT @ 2.13% Cu Eq (Indicated) and 7.2 MT @ 2.21% Cu Eq (Inferred).
https://abitibimetals.com/abitibi-metals-reports-deepest-intercept-in-project-history-4-9-cueq-over-4-0-metres-within-2-4-cueq-over-17-5-metres-in-extensional-drilling/

*Posted on behalf of Abitibi Metals Corp.

Abitibi Metals (AMQ.c AMQFF) Announces 62% Increase in Resources at B26 to 11.3 Mt Indicated at 2.13% Copper Equivalent and 7.2 Mt Inferred at 2.21% CuEq: https://abitibimetals.com/abitibi-metals-announces-62-increase-in-resources-at-b26-to-11-3-mt-indicated-at-2-13-cueq-and-7-2-mt-inferred-at-2-21-cueq/

Fully funded with $13M to support 2024-2025 exploration programs, the results of which will be incorporated into a preliminary economic assessment, AMQ is on track for further opportunities for organic resource growth from ongoing exploration as the deposit is open for expansion both at depth and along strike

The global shift to clean energy is driving increased demand for copper, which is essential for applications like electric vehicles, renewable energy, and AI data centers due to its high electrical conductivity. As a result, demand is projected to outpace supply by 1.7% by 2035, with copper prices reaching record highs. Reflecting this trend, copper-related indexes like the S&P GSCI Copper and Bloomberg Copper Subindex have seen gains of over 10% this year. (Source: https://etfdb.com/gold-silver-investing-channel/demand-reinvigorates-abandoned-copper-mines/)

Strongly positioned amid this opportunity with a high-grade historical resource, including an Indicated 7.0 million tonnes at 2.94% Copper Equivalent and an Inferred 4.4 million tonnes at 2.97% Copper Equivalent, Abitibi Metals (AMQ.c AMQFF) is currently focused on comple4ting its 16,500m Phase II drill program at its high-grade B26 Polymetallic Deposit located in Quebec's Greenstone Belt: https://www.reddit.com/r/smallstreetbets/comments/1gkkuk1/abitibi_metals_corp_amqc_amqff_provides_update_on/

The delay in Chile’s mining permit reforms poses a “serious” challenge for the mining industry, according to Freeport-McMoRan's top executive in Chile. As the world’s leading copper producerr, Chile faces regulatory obstacles that hinder project development, a situation President Gabriel Boric’s government aims to address through reforms to streamline permits and modify environmental assessments, however, this has been stalled with initial expectations to pass the reforms by year’s end will not be met. (Source: https://www.miningweekly.com/article/delay-in-chile-mining-permits-a-serious-problem-says-local-head-of-freeport-2024-11-06) 

Contrastingly, Abitibi Metals (AMQ.c AMQFF) is a strongly positoned copper junior in Quebec's Greenstone Belt amid a 16,500m Phase II drill program at its high-grade B26 Polymetallic Deposit. Having completed 10 holes across 8,086m, the program aims to expand resource zones at three key targets: the Open Pit, Mid-Level, and Western Plunge: https://www.reddit.com/r/smallstreetbets/comments/1gkkuk1/abitibi_metals_corp_amqc_amqff_provides_update_on/

Abitibi Metals Corp. (AMQ.c AMQFF) gave updates on its 16,500m Phase II drill program at Quebec's B26 Copper Deposit. 8,086m has been drilling w/ 60m of mineralization identified at depth. With $14M funding, drilling aims to enhance resources and support a Preliminary Economic Assessment. *Posted on behalf of Abitibi Metals Corp.
https://abitibimetals.com/abitibi-metals-provides-operational-update-and-outlines-its-16500-metre-phase-ii-exploration-strategy-at-b26/

In a recent interview, Abitibi Metals (AMQ.c) CEO Jon Deluce discussed the B26 Copper/Polymetallic Deposit in Quebec’s Abitibi Greenstone Belt. Supported by favorable government policies and located near one of the largest past-producing VMS deposits, AMQ's ongoing 16,500m drill program is focused on expanding deeper mineralized zones.

*Posted on behalf of Abitibi Metals Corp.

Abitibi Metals (AMQ.c AMQFF) CEO Jon Deluce discussed their high-grade B26 Copper/Polymetallic Deposit in Quebec's Abitibi Greenstone Belt on RocksAndStocksNews. Strong government support and proximity to the highly productive past-producing Selbaie Mine enhance the project's outlook. AMQ's ongoing 16,500m drill program aims to expand deeper mineralized zones at B26.

*Posted on behalf of Abitibi Metals Corp.

Abitibi Metals (AMQ.c AMQFF) is accelerating its 16,500m Phase II Drill Program at the B26 Copper/Polymetallic Deposit by adding a 2nd drill rig after initial results showed strong mineralization. AMQ aims to upgrade the project's resource to 30-50M tonnes. *Posted on behalf of Abitibi Metals Corp.

Abitibi Metals (AMQ.c, AMQFF) recently dded a second drill rig to its Phase II drill program at the B26 Copper/Polymetallic Deposit in Quebec. The 16,500m drilling campaign aims to define a 30–50 million tonne resource & early results reveal support resource expansion potential at B26.
https://abitibimetals.com/abitibi-metals-adds-second-drill-rig-to-phase-ii-program-at-the-b26-deposit/

*Posted on behalf of Abitibi Metals Corp.

As BHP expects copper demand to grow by one million metric tons a year until 2035, the need for new sources of supply is clear and, with the introduction of a second drill rig to its Phase II drill program at its high-grade B26 Polymetallic Deposit in Quebec, Abitibi Metals (AMQ.c AMQFF) stands as a major contender in this industry: https://x.com/StckMasterFlash/status/1841182031645929526

Aims to complete 16,500m of drilling by the end of 2024, the goal is to define a 30-50 million tonne resource at the deposit which already a resource of 400 million pounds of copper and 286,000 ounces of gold.

Expanding its drilling program, Abitibi Metals (AMQ.c AMQFF) introduced a second drill rig to its Phase II drill program at its high-grade B26 Polymetallic Deposit in Quebec: https://x.com/StckMasterFlash/status/1841182031645929526

Aims to complete 16,500m of drilling by the end of 2024, the goal is to define a 30-50 million tonne resource at the deposit which already a resource of 400 million pounds of copper and 286,000 ounces of gold.

In an upcoming resource update, Abitibi Metals (AMQ.c AMQFF) is expected to expand the resource estimate at its B26 polymetallic/copper project, currently at 11.4M tonnes at 3% copper equivalent. The estimate could increase to 30-50M tonnes according to a recent CEO interview. Full DD⬇️
https://www.reddit.com/r/Wallstreetbetsnew/comments/1ftal2l/abitibi_metals_plans_to_significantly_expand/

Today, Abitibi Metals (AMQ.c AMQFF) introduced a second drill rig to its Phase II drill program at its high-grade B26 Polymetallic Deposit in Quebec which boasts a resource of 400 million pounds of copper and 286,000 ounces of gold: https://abitibimetals.com/abitibi-metals-adds-second-drill-rig-to-phase-ii-program-at-the-b26-deposit/

The program aims to complete 16,500 metres of drilling by the end of 2024, with the goal of defining a 30-50 million tonne resource.

As highlighted in a recent presentation, Abitibi Metals (AMQ.c, AMQFF) plans to expand its B26 polymetallic/copper project in Quebec, which currently holds a resource estimate of 11.4 million tonnes at 3% copper equivalent. The company aims to release an updated resource estimate soon, targeting an increase to 30-50 million tonnes.

*Posted on behalf of Abitibi Metals Corp

After an 11% surge in AMQ.c shares yesterday on high volume, the company closed up again today.

AMQ CEO Jon Deluce recently highlighted expansion plans for their B26 Copper/Polymetallic project, with a resource estimate update expected soon. Full presentation summary here⬇️
https://www.reddit.com/r/PennyStocksCanada/comments/1fq62ll/copper_jr_amqc_up_11_today_on_high_volume_ceo/

Abitibi Metals (AMQ.c, AMQFF) is focused on expanding its B26 deposits' 11.4 Mt at 3% copper equivalent resources. W/ targeted drilling and strong infrastructure, the company aims to increase the resource to 30-50 Mt and expects to release an updated resource estimate as early as next month. Currently, AMQ is up 11% on high volume.

*Posted on behalf of Abitibi Metals Corp.

According to BHP, copper demand is set to grow significantly due to the global energy transition and the rise of AI-powered data centers. The copper market, currently in short supply due to production challenges, is forecasted to remain in deficit with prices reaching $11,500/tonne by 2032. Scrap copper will play an increasing role, but primary mine supply remains critical to meet long-term demand with significant investment in mining is needed to sustain future supply. (Source: https://www.thehindubusinessline.com/markets/commodities/energy-transition-data-centres-to-drive-solid-copper-demand-growth/article68678488.ece) 

With significant potential for resource expansion past its already substantial resource of 400 million pounds of copper, Abitibi Metals (AMQ.c AMQFF) is one junior strongly positioned for growth (or an acquisition) in developing one of Quebec's most promising mineral assets, the B26 Deposit. As detailed during the 2024 Beaver Creek Precious Metals Conference, AMQ has completed 13,500 meters of drilling thus far in 2024 and is fully funded to complete the remaining 16,500 meters: https://x.com/StckMasterFlash/status/1836530154580930611

At the 2024 Precious Metals Conference, Abitibi Metals' (AMQ.c AMQFF) CEO Jon Deluce highlighted their B26 Copper/Polymetallic and Beschefer Gold Projects.

With strong financial backing, infrastructure, and upcoming catalysts AMQ aims to expand the resource at B26 to 30-50M tons. Full video summary⬇️
https://www.reddit.com/r/PennyStocksCanada/comments/1fnyiwt/abitibi_metals_amqc_amqff_ceo_jon_deluce_presents/

Signaling a growing interest by larger companies in early-stage exploration projects, BHP and Lundin Mining's acquisition of Filo Mining serves as validation for the sector and is likely to attract more investor interest and boosting market confidence in the junior sector as a whole, leading to more investment and potential buyouts of promising junior miners with valuable deposits, particularly in commodities which are critical for the energy transition. (Source: https://x.com/minenergybiz/status/1838201970814824873)

Boasting a resource of 400 million pounds of copper and 286,000 ounces of gold with significant potential for expansion, Abitibi Metals (AMQ.c AMQFF) is one junior strongly positioned for growth (or an acquisition) in developing one of Quebec's most promising mineral assets, the B26 Deposit. As detailed during the 2024 Beaver Creek Precious Metals Conference, AMQ has completed 13,500 meters of drilling thus far in 2024 and is fully funded to complete the remaining 16,500 meters: https://x.com/StckMasterFlash/status/1836530154580930611

Abitibi Metals (AMQ.c AMQFF) CEO Jon Deluce presented at Beaver Creek 2024, highlighting the company’s progress on the B26 Polymetallic Deposit and Beschefer Gold Project. Jon discussed AMQ's drilling success & their goal of expanding resources from 11.5M to 30-50M tons in an upcoming resource update💥⛏️

Highlighting the growing global demand for copper, BHP, the world's largest miner, predicts that artificial intelligence (AI) and data centers could boost copper demand by 3.4 million tonnes annually by 2050. Data centers, though currently less than 1% of copper demand, are expected to account for 6-7% by mid-century. BHP forecasts global copper demand to rise 72% to 52.5 million tonnes by 2050, spurred by the electrification trend. Global copper shortages are exacerbated by slow mine development, with inventories hitting record lows. (Source: https://www.mining.com/bhp-warns-ai-boom-would-worsen-copper-shortage/)

Boasting a resource of 400 million pounds of copper and 286,000 ounces of gold with significant potential for expansion, Abitibi Metals (AMQ.c AMQFF) is developing one of Quebec's most promising mineral assets, the B26 Deposit. As detailed during the 2024 Beaver Creek Precious Metals Conference, AMQ has completed 13,500 meters of drilling thus far in 2024 and is fully funded to complete the remaining 16,500 meters: https://x.com/StckMasterFlash/status/1836530154580930611

Containing 400 million pounds of copper and 286,000 ounces of gold with significant potential for expansion, Abitibi Metals (AMQ.c AMQFF) is developing one of Quebec's most promising mineral assets, the B26 Deposit, as detailed by CEO Jon Deluce during the 2024 Beaver Creek Precious Metals Conference: https://x.com/StckMasterFlash/status/1836530154580930611

Amid exploring one of Quebec's most promising mineral assets, Abitibi Metals (AMQ.c AMQFF) CEO, Jon Deluce, presented at the 2024 Beaver Creek Precious Metals Conference, detailing the company's latest exploration successes, upcoming milestones, and the strategic growth of the B26 Polymetallic Deposit:

Containing 400 million pounds of copper and 286,000 ounces of gold with significant potential for expansion, AMQ completed 13,500 meters of drilling thus far in 2024 at B26 and is fully funded to complete the remaining 16,500 meters

Abitibi Metals (AMQ.c AMQFF) presented at the Clean Energy Metals Conference, highlighting its combined 11.4M ton polymetallic copper-lead resource.

AMQ has completed 13,500m of drilling & is currently conducting a 16,500m drill program. Funded through Q1 2026, AMQ aims to attract major partners. Full presentation breakdown here⬇️
https://www.reddit.com/r/Inflation_Investment/comments/1fijmys/everything_you_need_to_know_about_copper_jr_amqc

BHP has warned that the growth of artificial intelligence (AI) will intensify a global copper shortage, essential for the clean energy transition. AI and data centers, which currently account for less than 1% of copper demand, are expected to rise to 6-7% by 2050, potentially adding 3.4 million tonnes of demand annually. Overall, BHP predicts global copper demand will increase 72% by 2050, driven by industries like electric vehicles and solar farms. (Source: https://www.ft.com/content/da407b47-4133-470a-9574-508cee43e107)

Focused on the high-grade B26 copper-gold deposit in Quebec, Abitibi Metals (AMQ.c AMQFF) is poised for significant growth amid developing one of Quebec's most promising mineral discoveries which boasts 400 million pounds of copper and 286,000 ounces of gold with significant potential for expansion as it targets 16,500 meters of drilling by the end of this year: https://www.reddit.com/r/RichTogether/comments/1clx0ew/abitibi_metals_amq_recent_activitiy_insights/

Focused on developing the high-grade B26 copper-gold deposit in Quebec, Abitibi Metals (AMQ.c AMQFF) presented at the 2024 Beaver Creek Precious Metals Summit Conference this week, detailing the key highlights and future plans for one of Quebec's most promising mineral discoveries: https://www.gowebcasting.com/events/precious-metals-summit-conferences-llc/2024/09/12/abitibi-metals-corp/play/stream/38916

Containing 400 million pounds of copper and 286,000 ounces of gold with significant potential for expansion, AMQ completed 13,500 meters of drilling thus far in 2024 at B26 and is fully funded to complete the remaining 16,500 meters. Looking ahead, Abitibi plans to conduct a 20,000-meter drill program and update its mineral resource estimate by 2025.

Although copper prices have cooled off after reaching record highs in May, the metal’s long-term outlook remains robust due to increasing demand from electric vehicles, AI, and power infrastructure, all expected to significantly boost copper consumption. However, supply constraints present a challenge, as the lengthy process of bringing new mines online highlights the critical need for expanded mining capacity to meet future demand. (Source: https://oilprice.com/Metals/Commodities/Is-Copper-A-Winning-or-Losing-Bet-Right-Now.html)

Standing out as a key player in meeting this demand, Abitibi Metals (AMQ.c AMQFF) is well-positioned to capitalize on the increasing demand for clean energy metals. The company is currently awaiting results from ongoing drill programs at the B26 Deposit, a copper-lead polymetallic deposit in Quebec, Canada, which holds an initial resource of 11.4 million tons at nearly 3% copper equivalent. For more details, you can view the update here: https://x.com/StckMasterFlash/status/1833281698538176825

Fully funded for exploration through 2026, Abitibi Metals (AMQ.c AMQFF) is positioned to benefit from the growing demand for clean energy metals as it is awaitng results from ongoing drill programs at the B26 Deposit, a copper-lead polymetallic deposit in Quebec, Canada that boasts an initial resource of 11.4 million tons at nearly 3% copper equivalent: https://x.com/StckMasterFlash/status/1833281698538176825

Insightful presentation from Abitibi Metals (AMQ.c AMQFF) President and CEO, Jonathan Deluce, from the Clean Energy Metals Conference late last month:

Fully funded for exploration through 2026, AMQ is exploring the B26 Deposit, a copper-lead polymetallic deposit in Quebec, Canada which boasts an initial resource of 11.4 million tons at nearly 3% copper equivalent.

Having identified a broad zone of mineralization, Abitibi Metals (AMQ.c AMQFF) announced the extension of the Western Plunge at its B26 Polymetallic Deposit, intercepting  a copper-gold zone amid its 16,500m phase 2 drill program: https://x.com/StckMasterFlash/status/1831806679371194560

Notably, B26 has a historical resource estimate of 7.0 million tonnes at 2.94% Cu Eq (Indicated) and 4.4 million tonnes at 2.97% Cu Eq (Inferred).

Today, Abitibi Metals (AMQ.c AMQFF) provided an update on its phase 2 drill program at the B26 Polymetallic Deposit, announcing the extension of the western plunge in step-out drilling: https://abitibimetals.com/abitibi-metals-extends-western-plunge-in-step-out-drilling-at-the-b26-polymetallic-deposit-highlights/

Having identified a broad zone of mineralization from 1,206 to 1,344m in depth along the Western Plunge of the deposit, this drilling intercepted a copper-gold zone amid testing the extension of the high-grade lens identified in hole 1274-16-236 which intercepted 5.08% Cu Eq over 7.1 meters.

Copper junior, Abitibi Metals Corp. (AMQ.c AMQFF), has appointed Chris Leavy, former BlackRock executive, to its Advisory Committee. Leavy brings over two decades of asset management experience to support strategic growth at the company's high-grade B26 Polymetallic Deposit in Quebec. His expertise is expected to drive expansion efforts. Full news breakdown here⬇️
https://www.reddit.com/r/Wallstreetbetsnew/comments/1f4gkyi/abitibi_metals_corp_strengthens_advisory/

Short but informative clip from the Abitibi Metals (AMQ.c AMQFF) CEO regarding Phase 2 drilling at the B26 Deposit: https://x.com/AbitibiMetals/status/1830962126258581550

Seeing 30 to 50 million ounce potential, AMQ is targeting 16,500m of drilling to follow up on the success of Phase 1, which revealed significant expansion potential in three key exploration areas.

Earlier this week, Abitibi Metals (AMQ.c AMQFF) announced the appointment of former BlackRock Executive, Chris Leavy, to the company's Advisory Committee: https://abitibimetals.com/abitibi-metals-announces-former-blackrock-executive-joins-advisory-committee/

Recognized as a "Top 100 Fund Manager", Leavy will be providing counsel on business strategy, capital markets, and corporate governance as AMQ targets 16,500m of drilling during its Phase II drill program at the B26 Deposit.

Today, Abitibi Metals Corp. (AMQ.c) appointed former BlackRock executive Chris Leavy to its Advisory Committee. Leavy’s expertise is expected to drive strategic growth at AMQ's B26 Copper/Polymetallic Deposit in Quebec, where the company is advancing a Phase II drill program following Phase I's success.
https://abitibimetals.com/abitibi-metals-announces-former-blackrock-executive-joins-advisory-committee/

*Posted on behalf of Abitibi Metals Corp.

Yesterday, AMQ.c started Phase II drilling at the B26 Copper/Polymetallic Deposit, following successful Phase I results. AMQ is well-funded w/ $15.5M. This drilling as well as the 20,000m of drilling planned for 2025 is expected to support an updated resource estimate and PEA for the project. CEO Jonathon Deluce will highlight these plans at the Clean Energy Metals Virtual Investor Conference tomorrow @ 10:30 AM ET. Full news summary here⬇️
https://www.reddit.com/r/PennyStocksCanada/comments/1f2v9vt/news_summary_abitibi_metals_amqc_unveils/

Having recently commenced its Phase II drill program, targeting 16,500m of drilling, Abitibi Metals (AMQ.c AMQFF) has marked a pivotal step in its exploration strategy as it focuses on the significant expansion potential revealed in phase one that could substantially increase its contained metal inventory at the B26 Deposit: https://x.com/StckMasterFlash/status/1828510900636033317

Notably, the polymetallic deposit has a historical resource estimate of 7.0 million tonnes at 2.94% Cu Eq (Indicated) and 4.4 million tonnes at 2.97% Cu Eq (Inferred).

Abitibi Metals (AMQ.c) outlined its Phase II drilling plan at the B26 Copper/Polymetallic Deposit today, focusing on western plunge, open-pit, and mid-level expansion, backed by $15.5M in funding and building on Phase I success.
https://abitibimetals.com/abitibi-metals-outlines-expansion-model-at-the-b26-polymetallic-deposit/

+ AMQ will present these initiatives at the upcoming Clean Energy Metals Virtual Investor Conference on Thursday.
Registration: https://bit.ly/3AiLX3w

*Posted on behalf of Abitibi Metals Corp.

Today, Abitibi Metals (AMQ.c AMQFF) outlined its expansion model at the B26 deposit, having recently commenced its Phase II drill program, targeting 16,500m of drilling: https://abitibimetals.com/abitibi-metals-outlines-expansion-model-at-the-b26-polymetallic-deposit/

Following a successful Phase 1 which revealed significant expansion potential in three key exploration areas, this phase could significantly increase the contained metal inventory.

Abitibi Metals Corp. (AMQ.c/AMQFF) just announced that its CEO, Jonathon Deluce, will present at the Clean Energy Metals Virtual Investor Conference on Thursday at 10:30 AM ET. The presentation will highlight strategic growth initiatives, including the Phase 2 drill program at the B26 Polymetallic Deposit.
https://abitibimetals.com/abitibi-metals-to-present-at-the-clean-energy-metals-virtual-investor-conference-august-29th/

Today, Abitibi Metals (AMQ.c AMQFF) announced that it will be presenting at the Clean Energy Metals Virtual Investor Conference August 29th amid ramping up activity with our Phase 2, 16,500-meter drill program at the B26 Deposit: https://abitibimetals.com/abitibi-metals-to-present-at-the-clean-energy-metals-virtual-investor-conference-august-29th/

For more information about AMQ, refer to this recent interview from TokStocks Podcast with Jon Deluce, CEO of AMQ, a $35M mcap company focused on developing a world-class asset for the eventual sale to a major company:

"The world cannot decarbonise without copper, a key component of electrification. Amid efforts to secure minerals for the energy transition and achieve climate goals, demand is set to surge. We estimate that demand for copper will grow by 75% to 56 million tonnes (Mt) by 2050."
(Source: https://www.woodmac.com/horizons/securing-copper-supply-china-energy-transition/)

Having begin its phase 2 exploration program at its 7 million tonne (at 2.94% Cu Eq) copper deposit, AMQ is aiming to significantly expand the historic resource of the B26 Deposit amid a critical inflection point in the copper market: https://www.reddit.com/r/RichTogether/comments/1ex8an0/abitibi_metals_kicks_off_phase_2_drilling_at_b26/

According to the International Energy Agency, existing mines and projects currently under construction are projected to meet only 80% of the global copper demand by 2030. (Source: https://x.com/abitibimetals/status/1826623890291847398?s=46)

Located in Quebec's Abitibi Greenstone Belt, Abitibi Metals (AMQ.c AMQFF) is aiming to alleviate this deficit amid exploring the B26 Polymetallic Copper Deposit which boasts a historical resource estimate of 7.0 million tonnes at 2.94% Cu Eq (Indicated) and 4.4 million tonnes at 2.97% Cu Eq (Inferred): https://www.reddit.com/r/RichTogether/comments/1ex8an0/abitibi_metals_kicks_off_phase_2_drilling_at_b26/

Abitibi Metals Corp. (AMQ.c, AMQFF) has launched Phase 2 of its 16,500m drill program at the B26 Polymetallic Deposit, aiming to expand resources, especially in the underexplored western plunge and mid-level zones. Currently, the project is indicated to have 6.97M tonnes grading 2.94% CuEq and inferred to have 4.41M tonnes @ 2.97% CuEq. With $16M in funding, AMQ is confident in advancing both open-pit and underground potential.
https://abitibimetals.com/abitibi-metals-commences-phase-2-drilling-at-b26-deposit/

*Posted on behalf of Abitibi Metals Corp.

"Growing the resource" - Abitibi Metals (AMQ.c AMQFF) has begun Phase 2 of its 16,500-meter drill program at the B26 high-grade polymetallic deposit in Quebec's Abitibi Greenstone Belt, as detailed in a recent Gold Invest article: https://goldinvest.de/growing-the-resource-abitibi-metals-starts-second-round-of-drilling-at-b26-in-quebec/

Well-funded, with CAD 16 million in cash, AMQ is strongly positioned to complete its seven-year option agreement to acquire 80% of the B26 deposit from its partner SOQUEM within two years.

Analysts at Wood Mackenzie are warning that efforts to reduce reliance on China's copper supply could severely hinder global energy transition goals, as removing China from the supply chain would create an $85 billion gap that Western economies would struggle to fill. (Source: https://www.mining.com/diversification-from-china-leaves-85bn-gap-in-copper-supply-chain-warns-woodmac/)

With the commencement of the fully funded Phase 2, 16,500m drill program, Abitibi Metals (AMQ.c AMQFF) has marked a significant step forward in the development of the B26 Polymetallic Copper Deposit which stands to combat coppers supply deficit as it boasts an indicated resource of 6.9MT @ 2.94% Cu Eq and an inferred resource of 4.41MT @ 2.97% CuEq: https://www.reddit.com/r/DueDiligence/comments/1esgm3m/video_summary_of_jon_deluce_from_abitibi_metals/

Jon Deluce, CEO of Abitibi Metals Corp. (AMQ.c AMQFF) recently detailed the copper & gold junior's progress & future plans.


With $22M raised, AMQ is fully-funded to advance its B26 Project through Q1 2026. The project boasts a resource estimate of 11.4M tons at 3% CuEq. Full video breakdown here⬇️
https://www.reddit.com/r/DueDiligence/comments/1esgm3m/video_summary_of_jon_deluce_from_abitibi_metals/