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Abitibi Metals Extends B26 Mineralization & Increases Grade: Reports 3.65% CuEq Over 21.1m Within Interval of 1.55% CuEq Over 69.0m
Newsfileยท2025-09-03 11:00

Core Insights - Abitibi Metals Corp. has reported significant assay results from its Phase 3 drill program at the B26 Polymetallic Deposit, indicating strong mineralization and growth potential [3][4][5] Drilling Program Details - A total of 9,060 meters has been drilled out of a planned 17,500 meters for Phase 3, with completion expected by the end of November 2025 [3] - The company currently owns 50% of the B26 Deposit and has the option to earn an additional 30% from SOQUEM Inc. [3] Significant Assay Results - Hole 1274-17-269W3 reported 3.65% CuEq over 21.1 meters within an interval of 1.55% CuEq over 69.0 meters, indicating high-grade mineralization [4] - Additional holes, including 1274-17-269W1b and 1274-17-269W2b, also showed promising results with CuEq values of 3.41% and 3.25% respectively, confirming the expansion of high-grade zones [4][11] Resource Growth Potential - The results validate the continuity of mineralization at depth and support the expansion of the B26 footprint beyond the current resource boundary [4][6] - The current resource estimate stands at 11.3 million tonnes at 2.13% CuEq (Indicated) and 7.2 million tonnes at 2.21% CuEq (Inferred) [6][25] Future Plans - The company is fully funded through Q1 2027 and plans to budget approximately 25,000 additional meters for Phase 4 drilling in 2026 based on ongoing exploration success [4][5] - The focus will also shift towards making new discoveries across Abitibi's 3,328-hectare property in Q4 2025 and Q1 2026 [11]