XXIX Metal Corp.
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XXIX Metal to Participate in PDAC 2026 and Ore Day VIP Investor Lunch
TMX Newsfile· 2026-02-24 11:00
Toronto, Ontario--(Newsfile Corp. - February 24, 2026) - XXIX Metal Corp. (TSXV: XXIX) (OTCQB: QCCUF) (FSE: 5LW0) ("XXIX" or the "Company") is pleased to announce that it will be exhibiting at the Prospector's and Developers International Convention (PDAC) being held March 1st - 4th, 2026 at the Metro Toronto Convention Centre (MTCC) in Toronto, Canada. The Company will also participate in Ore Day 2026, a private investor event hosted by Ore Group on February 28 in Toronto.Ore Day 2026XXIX will participat ...
XXIX Thanks the Town of Chapais for its Ongoing Support and Welcomes its Public Call to Advance Opemiska
TMX Newsfile· 2026-02-23 11:00
Core Viewpoint - XXIX Metal Corp. expresses appreciation for the Town of Chapais' support and emphasizes the importance of coordinated action to accelerate economic development in Northern Québec [1][2]. Group 1: Economic Development Initiatives - The Town of Chapais has outlined a vision to strengthen the region's economic future, encouraging collaboration among public partners to advance priority projects like Opemiska [2]. - Chapais emphasizes pragmatic solutions and a willingness to work with stakeholders to unlock regional benefits, which aligns with the company's development goals [3][4]. Group 2: Project Details - XXIX is advancing the Opemiska and Thierry Copper projects, with Opemiska being one of Canada's highest-grade open-pit copper deposits, covering 21,333 hectares [7]. - The Preliminary Economic Assessment for Opemiska indicates a 12,500 tpd operation over a 17-year mine life, with an after-tax NPV of $505 million, an IRR of 27.2%, and a payback period of 2.3 years based on specific commodity prices [7]. Group 3: Commitment to Responsible Development - The company supports Chapais' call for improved coordination across government tools to promote northern development and economic participation [4][5]. - XXIX intends to continue structured engagement with local stakeholders and advance planning through a disciplined, phased process [12].
XXIX Updates on Fully Funded 2026 Exploration Plan
TMX Newsfile· 2026-02-18 11:00
Core Insights - XXIX Metal Corp. is advancing its exploration plans for 2026, supported by a recently completed financing of $17.2 million, providing over $20 million in cash and $24 million in working capital to accelerate exploration activities at its Opemiska and Thierry projects [1][2]. Opemiska Project - The company is conducting a 10,000-metre drill program at the Cooke Gold Zone, which historically produced 1.97 million tonnes at 5.04 g/t gold and 0.66% copper. This program aims to expand the mineralized horizon and support the preliminary feasibility study (PFS) [3][4]. - An in-fill drill program is planned for the Saddle Zone in Q3 2026 to enhance existing resources and optimize pit geometry, potentially leading to a deeper pit and increased resources [5]. - The company is refining its 3D resource model to improve grade and tonnage certainty, which will assist in upgrading the existing inferred mineral resource classification [6]. - An updated mineral resource estimate (MRE) is expected in Q4 2026, incorporating results from the Cooke and Saddle zones, which will serve as the basis for the upcoming PFS [7]. Thierry Project - A maiden large-scale drill program of 20,000 metres is planned for the K1 Zone, marking the first systematic drilling on the Thierry property in over fifty years. This program aims to validate the new bulk-tonnage interpretation of the deposit [8][9]. - Data validation and reinterpretation of the K2 Zone are nearing completion, leveraging extensive historical drilling data. The K1 and K2 zones together represent over 210,000 metres of historical drilling [10][11]. - The new interpretation of the K1 Zone indicates significant mineralization potential, with dimensions of 1.4 km length, 250 m width, and 400 m depth, and remains open in all directions [11][12]. Financial and Corporate Developments - The company has granted stock options to directors and officers, allowing for the acquisition of up to 4.4 million shares at a price of CAD $0.13 per share for five years [13]. - XXIX Metal Corp. is positioned as a key player in the Canadian copper sector, with its Opemiska project being one of Canada's highest-grade open-pitable copper deposits, and the Thierry project benefiting from significant infrastructure [16].
XXIX Advances Thierry Copper Project with Comprehensive Validation and Reinterpretation of 210,000 Metres of Drilling
TMX Newsfile· 2026-01-16 11:00
Core Viewpoint - XXIX Metal Corp. is advancing its Thierry Copper Project, highlighting the potential for resource expansion and improved economic parameters due to rising copper prices and a comprehensive reinterpretation of geological data [2][5][9]. Geological Overview - The Thierry project includes K1 and K2 zones, with over 210,000 meters of historical drilling and extensive geological data supporting the resource definition and expansion efforts [3][7]. - Recent data validation and reinterpretation have established a modern geological database, enhancing the understanding of the system scale and potential for value creation [4][9]. Resource Potential - Thierry is noted as a rare opportunity in Canada, controlling two of the three largest copper resources in Eastern Canada, with no royalties attached [5]. - The updated interpretation suggests a higher-grade underground operation at K2 and a large-scale, bulk-tonnage copper-PGE open pit at K1 [5][9]. Economic Factors - Current copper prices exceed $5.00/lb, compared to $3.75/lb used in previous resource estimates, allowing for lower potential cut-off grades and improved project economics [9][10]. - The existing mineral resource estimates at K1 and K2 are being re-evaluated under these improved economic conditions [9]. Infrastructure and Development - Thierry benefits from strong infrastructure, including well-maintained roads, power, water access, and proximity to an airport and rail, positioning it for efficient development [11]. - The company plans an active exploration season in 2026 to further evaluate high-potential targets and unlock the project's full potential [11].
XXIX Confirms Thierry's Growth Potential with First Systematic IP
TMX Newsfile· 2026-01-15 11:00
Highlights:73.5-line km IP survey completed-the first large-scale, systematic survey at Thierry.Strong IP anomalies detected between K1 and K2, east of K1, and west of K2.Anomalies indicate potential sulphide mineralization between K1 and K2.Broad conductive corridors suggest district-scale exploration targets.Nearing Completion of Full K2 Database Reinterpretation; Leveraging 210,000m of Drilling DataThierry positioned for an active 2026 exploration season.Toronto, Ontario--(Newsfile Corp. - January 15, 2 ...
CCMI Announces First Tranche Closing of LIFE Offering
Newsfile· 2025-12-13 01:13
Core Points - Canadian Critical Minerals Corp. (CCMI) has successfully closed the first tranche of its private placement, raising gross proceeds of $588,850 through the issuance of 16,824,286 units at a price of $0.035 per unit [1][2] - Each unit consists of one common share and one common share purchase warrant, with the warrants exercisable at $0.05 for five years [2] - The company plans to complete a second tranche of the offering next week, pending final approval from the TSX Venture Exchange [2] Financial Details - The total gross proceeds from the first tranche amount to $588,850 [1] - Finder's fees paid in connection with the offering totaled $2,401, along with 68,600 finder warrants, each allowing the purchase of one common share at $0.05 for two years [5] Use of Proceeds - The proceeds from the offering will be utilized to advance the application to restart the Bull River Mine project located near Cranbrook, BC, and for working capital [6] Company Overview - CCMI is primarily focused on copper production assets in Canada, with its main asset being the 100% owned Bull River Mine project, which contains 150 million lbs of copper [8] - The company also holds a 5.3% interest in XXIX Metal Corp., which owns the Thierry copper project and the Opemiska copper project in Ontario and Quebec, respectively [8]
XXIX Expands Drill Program at Cooke and Saddle Zones Following Encouraging Early Results at Opemiska
Newsfile· 2025-12-08 11:00
Core Insights - XXIX Metal Corp. is expanding its 2025 drill program at the Opemiska Project due to stronger-than-expected results from the Cooke Zone and increased confidence in the Saddle Zone [1][5] Cooke Zone: Outperforming Early Expectations - Drilling at the Cooke Zone has confirmed a more extensive mineralized horizon than previously modeled, leading to a doubling of the drill budget and meter count [2][7] - The focus will be on the near-surface crown pillar of the former Cooke Gold Mine and step-outs along a newly identified horizon, representing a significant opportunity for resource addition [2][7] Saddle Zone: Advancing Toward Resource Definition - The Saddle Zone has shown strong copper-gold intercepts in past campaigns, but drill density has not been sufficient for resource inclusion [3] - The expanded drilling program aims to connect and upgrade known high-grade areas, similar to the Cooke Zone, and offers substantial upside potential [3][7] Driving Growth Beyond the October PEA - The expanded drill program is intended to build on the recently announced Preliminary Economic Assessment (PEA), which demonstrated strong economics and rapid payback [4] - Resource additions from both Cooke and Saddle, along with other near-pit targets, could enhance project scale and improve the upcoming Pre-Feasibility Study [4] Operational Updates - The total drill program has been increased to 10,000 meters, split between the Cooke and Saddle Zones [7] - A second drill rig was mobilized at the end of November to accelerate progress across priority targets [12]
XXIX Metal Publishes Opemiska's Preliminary Economic Assessment Technical Report
Newsfile· 2025-12-03 11:00
Toronto, Ontario--(Newsfile Corp. - December 3, 2025) - XXIX Metal Corp. (TSXV: XXIX) (OTQB: QCCUF) (FSE: 5LW0) ("XXIX" or the "Company") is pleased to report that it has filed the independent Preliminary Economic Assessment ("PEA") technical report for its 100%-owned Opemiska Project in Chapais, Quebec.Highlights Include:Total payable copper across Opemiska 17 year mine life:715 million pounds of copper409 thousand ounces of gold2.08 million ounces of silverRobust after-tax base case economics: C$505M af ...
Orecap Announces Strategic Agreement with Mistango to Advance the High-Grade McGarry Gold Project
Newsfile· 2025-11-18 14:48
Core Viewpoint - Orecap Invest Corp. has entered into a strategic agreement with Mistango River Resources Inc. to advance the high-grade McGarry Gold Project, allowing Orecap to retain significant ownership while unlocking capital investment for exploration and development [1][2]. Agreement Structure - The agreement allows Stardust to earn up to a 75% interest in the McGarry Project through a two-stage option process [3][6]. - Option 1 requires Stardust to complete $13 million in commitments over four years, including cash payments and work obligations focused on updating mineral resource estimates and aggressive drilling campaigns [3][5]. - Upon completion of Option 1, a 50/50 Joint Venture will be formed with Stardust as the operator [6]. Financial Implications - If Option 2 is exercised, Stardust can acquire an additional 25% interest for a $50 million cash payment, which aligns with previous valuations for similar land packages [6][7]. - The initial $12.5 million work program will be fully funded by Stardust, allowing Orecap to benefit from exploration without diluting its balance sheet [7]. Tailings Reprocessing Opportunity - The McGarry property includes historic tailings from the Kerr Addison operation, which produced 11 million ounces of gold at an average grade of 9 g/t [8]. - The potential for early-stage gold recovery from these tailings could significantly enhance the project's economics [8]. Strategic Positioning - Orecap is a significant shareholder of Mistango, owning 24.7 million shares (13.9%), which strengthens the alignment between the two companies [9][10]. - The McGarry project is strategically located near major operators and active developers, enhancing its district-scale value [10][12]. Governance and Compliance - The transaction is classified as a Non-Arm's Length Transaction under TSXV policies, requiring approval from disinterested shareholders and a formal valuation [13][14]. - Orecap expects to seek disinterested shareholder approval for the transaction, with a special meeting anticipated in early 2026 [14].
XXIX Appoints Guy Le Bel to its Board of Directors
Newsfile· 2025-11-10 11:00
XXIX Appoints Guy Le Bel to its Board of DirectorsNovember 10, 2025 6:00 AM EST | Source: XXIX Metal Corp.Toronto, Ontario--(Newsfile Corp. - November 10, 2025) - XXIX Metal Corp. (TSXV: XXIX) (OTCQB: QCCUF) (FSE: 5LW0) ("XXIX" or the "Company") is pleased to announce that Guy Le Bel, CEO of XXIX Metal Corp. has been appointed to the Company's Board of Directors, effective immediately. "We are pleased to welcome Guy to XXIX's board of directors. His contributions to date have been critical in ...