Abitibi Metals Corp.

Highlights: 13,500-metre maiden drill program completed at the high-grade Polymetallic B26 Deposit; 44 holes drilled with assays from 34 holes pending. Drillhole 1274-24-339 was designed to test the lateral extension of the high-grade lens identified in holes 1274-24-293 and 294, which were released on February 29, 2024. These holes intercepted 4.0% CuEq over 22.7 metres , including 6.3% CuEq over 10.6 metres, and 4.1 [...]

Abitibi Metals Corp. is pleased to announce that it has successfully completed its Phase 1 maiden drill program at the B26 Polymetallic Deposit . On November 16th, 2023, the Company entered into an option agreement on the B26 Polymetallic Deposit to earn 80% over 7 years from SOQUEM Inc. , a subsidiary of Investissement Québec . 44 diamond drill holes were completed totalling 13,502 metres under the first phase of a fully [...]

Abitibi Metals Corp. CEO Jonathon Deluce joined Steve Darling from Proactive to unveil the company's first comprehensive 3D geological model for the B26 Polymetallic Deposit in Quebec. This milestone follows the company's entry into an option agreement with SOQUEM Inc., through which Abitibi Metals Corp. aims to earn an 80% interest in the B26 Polymetallic Deposit over a period of seven years.
Deluce shared with Proactive [...]

Abitibi Metals Corp. is pleased to announce that its technical team has completed its first comprehensive 3D geological model for the B26 Polymetallic Deposit . On November 16th, 2023, the Company entered into an option agreement on the B26 Polymetallic Deposit to earn 80% over 7 years from SOQUEM Inc. , a subsidiary of Investissement Québec . The new 3D geological model represents a fundamental evolution in the [...]

Highlights: The Company received results from drill holes 1274-24-297 to 301, 334, and 335, which intersected the following intervals: #297 - 0.70% CuEq over 32.5 metres beginning at 52.3 metres along hole #299 - 1.04% CuEq over 10.4 metres beginning at 33 metres along hole #300 - 5.35% CuEq over 8.1 metres beginning at 251 metres along hole #301 - 1.47% CuEq over 97.5 metres beginning at 30.5 metres along hole, including [...]

Abitibi Metals is pleased to announce that due to continued positive visuals, the Company has expanded its maiden drill program at the B26 Polymetallic Deposit to approximately 13,500 m. On Nov 16th, 2023, the Company entered into an option agreement on the B26 Polymetallic Deposit to earn 80% over 7 years from SOQUEM, a subsidiary of Investissement Québec. The increase in the drill program follows the addition of [...]

Highlights: A 10-hole, 2,975-metre drill program has commenced at the Beschefer Gold Project, located about 7km east of B26 Deposit. Drilling will aim to extend the mineralized zone to the northeast and expand high metal factor lenses, including the Central Shallow and East Zones. Highlights of previous intersections include 4.92 g/t gold over 28.65 metres in hole BE-21-02 , 55.63 g/t gold over 5.57 metres in hole [...]

Abitibi Metals is pleased to announce that it has closed its non-brokered private placement raising gross proceeds of $7,109,021.70 through the issuance of 5,940,723 charity flow-through common shares priced at C$0.86 per CFT Share, and 4,761,904 common shares priced at C$0.42 per Share. Jonathon Deluce, CEO of Abitibi, stated, "The successful closing of this Offering marks a pivotal moment for Abitibi as we are now in a [...]

Abitibi Metals is pleased to announce that, due to overwhelming interest, the Company's non-brokered private placement previously announced on March 21, 2024 has been upsized. The Offering will now consist of up to 10,702,627 common shares of the Company, which is expected to close on April 9, 2024, and has been fully allocated. Jonathon Deluce, CEO of Abitibi Metals, stated, "We are pleased to announce the final upsize [...]

Abitibi Metals is pleased to announce a non-brokered private placement to raise gross proceeds of up to C$5,000,000 through the issuance of up to 5,813,953 common shares of the Company that will be closed on or before April 9, 2024 and has been fully allocated. Jonathon Deluce, CEO of Abitibi Metals, stated, "We are pleased to announce the upsize of this strategic financing to be led by the Deluce family. With the success [...]