Core Viewpoint - XXIX Metal Corp. is set to initiate a 6,000-metre drill program at the Cooke Gold Zone within its Opemiska copper project, aiming to expand its gold inventory and enhance the project's overall resource base [1][6]. Company Overview - XXIX Metal Corp. operates the Opemiska and Thierry Copper projects, which are significant assets in the Canadian copper sector, with the Opemiska project being one of Canada's highest-grade open-pitable copper deposits [6][7]. - The Cooke Gold Zone was historically a gold mine with copper by-product credits, producing 1.97 million tonnes at a grade of 5.04 g/t gold and 0.66% copper [5][6]. Drill Program Details - The upcoming drill program will consist of up to 34 holes, with approximately 23 holes (4,500 metres) planned specifically for the Cooke Gold Zone, while the remaining holes will target the Chibougamau Copper Zone [1][4]. - This drill campaign marks the first systematic exploration at Cooke since its closure, leveraging the extensive geological database inherited from Falconbridge [3][6]. Resource Potential - The current resource at Opemiska includes 62,706 kt at 0.31 g/t Au (634 Koz, Indicated Resources) and 78,485 kt at 0.17 g/t Au (419 Koz, Inferred Resources) [2][6]. - The primary goal of the drill program is to define near-surface gold and copper resources that could be beneficial to the broader Opemiska project, particularly focusing on mineralization from the crown pillar [3][5].
XXIX to Begin 6,000-Metre Drill Program at High-Grade Cooke Gold Zone at Opemiska
Newsfile·2025-09-30 10:00