Abitibi Metals Corp. is pleased to announce the appointment of Chris Leavy to the Company's Advisory Committee. Chris Leavy, CFA a distinguished Wall Street asset manager with over two decades of experience, has been recognized as a "Top 100 Fund Manager" by Barron's and has held senior positions at leading financial institutions, including BlackRock, Morgan Stanley, and OppenheimerFunds. As the Chief Investment Officer [...]
Highlights: The Phase II drill program is underway with one rig currently on site for a planned program incorporating 16,500 metres of drilling. This program is supported by a successful Phase I which indicated considerable expansion potential with targets organized in three exploration environments: 1) western plunge extension; 2) mid-level target; and 3) open-pit model optimization. Jonathon Deluce, CEO of Abitibi [...]
Highlights: The Company has commenced the Phase 2 - London, Ontario - Abitibi Metals Corp. is pleased to announce the commencement of Phase 2 drilling at its high-grade B26 Polymetallic Deposit . The initial program size is 16,500 metres, subject to expansion based on positive results and visuals observed throughout the program. On November 16th, 2023, the Company entered into an option agreement on the B26 Deposit to [...]
Abitibi Metals Corp. is pleased to announce the appointment of Norman Farrell to its board of directors, effective July 31, 2024 and appointment of Jan Urata as Corporate Secretary of the Company, effective July 16, 2024. Norman Farrell has sat on the board of numerous junior mining companies as the founder, officer and director starting in 1987. From 1993 he was president of Forexport Inc, a wholly owned subsidiary of Le [...]
Highlights: The Company has received results from the 2 - London, Ontario - Abitibi Metals Corp. is pleased to announce the final results from the 2,325 metres of drilling at the Beschefer Project . Abitibi Metals is fully funded with $16.5 million to complete the remaining 1,675 metres planned for the 2024 work program, The Company's Beschefer Project is located approximately 7 km eastward along trend with the B26 [...]
Highlights: The property wide gravity survey is complete at the B26 Project - London, Ontario - Abitibi Metals Corp. is pleased to announce the Company has completed the gravity survey at the B26 Polymetallic Deposit with the final survey results expected in the coming weeks. Of the 1,900 stations planned the Company was able to complete readings at 1,466 stations based on the access currently available at this time of [...]
Highlights: The Company has received the final results from the Phase 1 drill program highlighted by the following intervals: #318 - 0.75% CuEq over 57.75 metres beginning at 81 metres depth, including 2.33% CuEq over 11.3 metres #318 - 0.97% CuEq over 17.05 metres beginning at 164.8 metres depth #325 - 1.16% CuEq over 14 metres beginning at 118 metres depth #326 - 4.43% CuEq over 5.8 metres beginning at 144.5 metres [...]
Abitibi Metals Corp. is pleased to announce the appointment of Mr. Victor Cantore to the Company's Advisory Committee. Victor Cantore is a seasoned capital markets professional specializing in the resource and hi-tech sectors. He has more than 30 years of advisory and leadership experience, having begun his career in 1992 as an investment advisor and then moved into management roles at both public and private companies [...]
Highlights: The Company has received results from drillholes 1274-24-314, 315, 320 and 323, highlighted by the following intervals: #320 - 1.78% CuEq over 57.2 metres beginning at 235.80 metres depth, including 3.1% CuEq over 13.05 metres. #323 - 1.89% CuEq over 28.45 metres beginning at 133.4 metres depth, including 6.5% CuEq over 5.25 metres. The results from #320 were part of a fanning set of holes designed to expand [...]
Highlights: The Company has received results from drillholes 1274-24-312-313, and 331-332 highlighted by the following intervals: #312 - 1.31% CuEq over 23.55 metres beginning at 114.15 metres depth, including 5.4% CuEq over 2.75 metres. #313 - 2.68% CuEq over 25.5 metres beginning at 189.0 metres depth, including 4.82% CuEq over 13.15 metres. The results from #312 and #313 infilled the mineralization on the eastern side [...]
Abitibi Metals Corp. is pleased to announce it will be completing a high resolution property wide Gravity Survey at the B26 Polymetallic Deposit scheduled to commence on May 14th. The objective of the Survey is to obtain a signature of the B26 deposit environment and to identify other similar targets on the Property. On November 16th, 2023, the Company entered into an option agreement on the B26 Deposit to earn 80% over 7 [...]
Highlights: The Company has received results from drillholes 1274-24-301-305 and 339-341 highlighted by the following intervals: #339 - 2.82% CuEq over 44.5 metres beginning at 146 metres depth #340 - 3.35 % CuEq over 20.75 metres beginning at 126.3 metres depth #341 - 3.24 % CuEq over 9.9 metres beginning at 156 metres depth Drillhole 1274-24-339 was designed to test the lateral extension of the high-grade lens [...]