Abitibi Metals Corp. has taken a major step forward in establishing itself as a serious emerging copper-gold developer in Québec's Abitibi Greenstone Belt. The updated estimate shows a 124% increase in total mineral resources since Abitibi optioned the project in 2023, reflecting the results of successive drilling campaigns completed over the past two years. The update expands the Indicated resource to 13.0 million tonnes [...]
The Deposit Remains Open Laterally and at Depth, with a Fully Funded 40,000-Metre Drill Program Currently Underway Resource Expansion Highlights: Indicated Resources Expand to a meaningful 13 Mt : Indicated resources grade at 1.2% copper , 1.2% zinc , 0.44 g/t gold and 30.8 g/t silver or 2.1% copper equivalent or 2.8 g/t gold equivalent Indicated resources contain 340 million pounds Cu, 332 Mlbs Zn, 184 thousand ounces Au [...]
Abitibi Metals Corp. just reported a new high-grade copper-gold intercept from its Phase 3 drilling campaign at the B26 Polymetallic Deposit in Québec, delivering another strong result that continues to build momentum in the Western Down-Plunge High-Grade Zone. The standout intercept came from hole 1274-17-269W6, which returned 12.83% copper equivalent over 5 metres, within a broader interval of 3.59% CuEq over 19 metres [...]
Highlights: Significant intercept further improving the High-Grade Zone of the Western Down Plunge: Hole 1274-17-269W6 returned 12.83% CuEq over 5 m, within 3.59% CuEq over 19 m, starting at 913 m depth. Confirms world-class grade continuity across this high-grade zone within the Western Plunge. Strong gold credit significantly enhances the block model. Using spot CuEq⁴ pricing, the intercept equates to 18.15% CuEq over 5 m, within 5.07% CuEq over 19 m. Located ~125 m east and up-dip of Hole 1274-17-269W5 , further upgrading the model in this area. Western Plunge Expansion at depth Hole 1274-25-374W1 and W2 intersected the B26 Copper-Gold horizon, extending resource-grade mineralization by an additional 250 m down plunge at depth. Hole 1274-25-374W1 returned 2.04% CuEq over 2.0 m and... [...]
Highlights: Former Chief Operating Officer of Foran Mining Corp. , where he led the advancement of the McIlvenna Bay polymetallic deposit from PFS through to Project Construction Over 30 years of mine development and operational leadership across Canada Proven expertise in mine design, permitting, construction, and production across polymetallic and precious metals operations Extensive experience integrating Indigenous [...]
Abitibi Metals Corp. is pleased to announce the commencement of its Phase 4 drill program at the B26 Polymetallic Deposit, located in Québec's Abitibi Greenstone Belt. Phase 4 represents the largest and most comprehensive drill program in the Company's history, with up to 40,000 metres of drilling planned over the course of 2026, following the successful completion of the Phase 3 program with assays still pending. The [...]
Abitibi Metals Corp. is pleased to provide the following year-end update and shareholder letter from Chief Executive Officer Jon Deluce, highlighting the Company's strategic positioning amid historically strong copper and gold markets, its increased ownership and accelerated development pathway at the high-grade B26 Copper-Gold Project in Quebec, and its broader exploration and growth plans entering 2026. Dear [...]
London, ON. - Abitibi Metals Corp. is pleased to announce that it has closed its previously announced bought deal public offering , led by BMO Capital Markets, as sole bookrunner and lead underwriter, together with Haywood Securities Inc., as co-lead manager, ATB Securities Inc., Desjardins Securities Inc., Paradigm Capital Inc. and Stifel Nicolaus Canada Inc. . In connection with the Offering, the Company issued an [...]
Final Short Form Prospectus is Accessible on SEDAR+ Abitibi Metals Corp. is pleased to announce that, in connection with its previously announced "bought-deal" offering led by BMO Capital Markets, as sole bookrunner and lead underwriter , together with Haywood Securities Inc., as co-lead manager, ATB Securities Inc., Desjardins Securities Inc., Paradigm Capital Inc. and Stifel Nicolaus Canada Inc. , it has filed a final [...]
Abitibi Metals Corp. has announced today that it has entered into an agreement with a syndicate of underwriters led by BMO Capital Markets, as sole bookrunner, and Haywood Securities, as co-lead, to increase the size of the previously announced bought offering to 17,550,000 charity flow-through common shares , at a price of C$0.57 per Charity Flow-Through Common Share and 11,430,000 hard dollar common shares , at a price [...]
Abitibi Metals Corp. has announced today that it has entered into an agreement with a syndicate of underwriters led by BMO Capital Markets, as sole bookrunner, and Haywood Securities, as co-lead, under which the underwriters have agreed to buy on bought deal basis 12,300,000 charity flow-through common shares , at a price of C$0.57 per Charity Flow-Through Common Share and 8,580,000 hard dollar common shares , at a price [...]
Highest grade intercept to date on project confirmed across an untested 80-metre gap Highlights: Exceptional High-Grade Intercept in Untested Gap: Hole 1274-17-269W5 returned 17.91% CuEq over 6.3 metres, within 6.93% CuEq over 19.5 metres, starting at 976.5 metres depth. Confirms world class grade continuity across an untested 80-metre gap, defining a newly identified high-grade zone within the Western Plunge. Strong gold [...]