Abitibi Metals Corp.

Highlights: Significant Resource Growth: Achieved a 62% increase in Indicated resources at the B26 Deposit to 11.3 million tonnes, with Inferred resources increasing 63% to 7.2 million tonnes, highlighting the deposit's expansion potential after only a year of development. Significant High-Grade Drilling Results from 2024: Delivered multiple high-grade intercepts throughout the year, including: 10.6m at 11.4% CuEq within [...]

Abitibi Metals is pleased to announce that it has filed a NI 43-101 Technical Report dated effective Nov 1, 2024 on SEDAR. The Technical Report is with respect to the Updated Resource Estimation on its B26 Polymetallic Deposit in Quebec, titled, “Technical Report NI 43-101 Resource Estimation Update – Project B26 – Abitibi Metals Corp.” The Report complies with all disclosure requirements for Mineral Resources as set out [...]

Highlights: High-Grade Drill Results: Hole 1274-24-346 delivered 4.9% CuEq over 5.1 metres within 2.1% CuEq over 13.6 metres, starting at 367 metres depth. This high-grade mineralization delineates the southern boundary of the B26 system. Results align with the recently updated 2024 Mineral Resource Estimate: Indicated Resources: 11.3 Mt at 2.13% CuEq Inferred Resources: 7.2 Mt at 2.21% CuEq Geophysical Survey [...]

Abitibi Metals has received results from the Phase II drill program highlighted by the following intervals: #338W1 - 4.9% CuEq over 4.0 metres within 2.4% CuEq over 17.5 metres beginning at 1,186.6 metres depth representing an increase in grade relative to the CuEq grade reported in the Company's updated resource These intercepts occurred in a lower grade continuous halo of 0.83% CuEq over 77.95 metres #338 - 2.1% CuEq [...]

Highlights: Indicated resources increased by 62% to 11.3 Mt from 6.9 Mt: Indicated resources now grade 1.23% copper, 1.27% zinc, 0.46 g/t gold and 31.9 g/t silver or 2.13% copper equivalent Indicated resources contain 307.9 million pounds Cu, 316.9 Mlbs Zn, 168.2 thousand ounces Au and 11.6 million ounces Ag or 532.3 Mlbs of CuEq Inferred resources increased by 63% to 7.2 Mt from 4.4 Mt: Inferred resources now grade 1.56 [...]

Highlights: Indicated resources increased by 62% to 11.3 Mt from 6.9 Mt: Indicated resources now grade 1.23% copper , 1.27% zinc , 0.46 g/t gold and 31.9 g/t silver or 2.13% copper equivalent Indicated resources contain 307.9 million pounds Cu, 316.9 Mlbs Zn, 168.2 thousand ounces Au and 11.6 million ounces Ag or 532.3 Mlbs of CuEq Inferred resources increased by 63% to 7.2 Mt from 4.4 Mt: Inferred resources now grade [...]

Highlights: Phase 2 Drill Program Well Underway: The Company continues to progress on its 16,500 metre Phase II drill program at the High-Grade B26 Polymetallic Deposit, having completed 10 holes across 8,086 metres to date. Open Pit Development: The Company plans to conduct re-sampling and re-logging of historical drill holes to verify the continuity and potential extensions of mineralized zones that were not included in [...]

We are advised by Abitibi Metals Corp. that journalists and other readers should disregard the news release, Abitibi Metals Extends Western Plunge in Step-Out Drilling at the B26 Polymetallic Deposit, issued 17-Oct-2024 over PR Newswire. This news release was released in error by PR Newswire without the consent of Abitibi Metals Corp. This release issued in error was a duplicate of the release issued on 5-Sept-2024 [...]

Highlights: The 16,500-metre phase 2 drill program is currently underway at the high-grade Polymetallic B26 Deposit. Drillhole 1274-24-338 was designed to test the extension of the high-grade lens identified in hole 1274-16-236, which intercepted 5.08% Cu Eq over 7.1 metres. This hole was extended from a planned depth of 1,250 to 1,422 metres based on positive visuals. The copper-gold zone was hit at 1,206 metres and [...]

Highlights: Second Drill Rig Added: Phase 2 drill program is targeting 16,500 metres with the aim of building credibility for an exploration target supporting our vision to define a 30 - 50 million tonne resource at B26. Major Step-Out Drilling: The first rig is currently drilling an up to 400-metre step-out hole to test the Western Plunge downdip that would expand known mineralization including 5.08% Cu Eq over 7.1 [...]