Core Viewpoint - Abitibi Metals Corp. has reported a new high-grade copper-gold intercept from its Phase 3 drilling campaign at the B26 Polymetallic Deposit in Québec, indicating strong results and momentum in the Western Down-Plunge High-Grade Zone [1][2]. Group 1: Drilling Results - The standout intercept from hole 1274-17-269W6 returned 12.83% copper equivalent (CuEq) (6.15% copper, 7.93 g/t gold) over 5 metres, confirming exceptional grade continuity in the B26 system [2][4]. - The interval equates to 18.15% CuEq over 5 metres based on current spot pricing, emphasizing the significant contribution of gold to the project's economics [3]. - Additional drilling has expanded the mineralized system, with holes 1274-25-374W1 and 1274-25-374W2 intersecting the B26 copper-gold horizon, extending resource-grade mineralization by 250 metres down plunge [5][6]. Group 2: Phase 3 Program Overview - The Phase 3 drill program, completed in December 2025, totaled 24,544 metres across 40 drill holes, with results exceeding expectations and defining a continuous high-grade zone approximately 250 metres vertically and 500 metres laterally [7][9]. - The current B26 resource stands at 11.3 million tonnes (Mt) at 2.13% CuEq indicated and 7.2 Mt at 2.21% CuEq inferred, with mineralization open along strike and at depth [14][15]. Group 3: Project Potential and Infrastructure - The B26 Deposit is strategically located 7 kilometres southeast of the former Selbaie mine, benefiting from established regional infrastructure, positioning it as a compelling copper-gold asset in Québec's Abitibi mining district [10][12]. - The company holds a 50% interest in the B26 Project and has the option to earn an additional 30% interest from SOQUEM Inc., a subsidiary of Investissement Québec [8].
Abitibi Metals Delivers 12.83% CuEq at B26 as High-Grade Zone Continues to Grow
Prnewswire·2026-01-24 07:42