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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
Abitibi Metals is pleased to announce a non-brokered private placement to raise gross proceeds of up to C$3,000,000 through the issuance of up to 3,488,372 common shares of the Company that will be closed before April 9, 2024. Jonathon Deluce, CEO of Abitibi Metals, stated, “We are pleased to announce this strategic financing to be led by the [...]
Abitibi Metals is pleased to announce results from the first four holes of the maiden drill program currently underway at the B26 Polymetallic Deposit. The Company is currently completing its winter drill program at the Deposit, where a minimum of 12,000 m is targeted by the end of March under the first phase of a fully funded 30,000-metre 2024 [...]
Abitibi Metals is pleased to announce that a third drill rig has been secured for the on-going maiden drill program underway at the B26 Polymetallic Deposit. The third rig is expected to arrive on Tuesday, keeping the Company on track to complete over 10,000 m across its three priority targets by quarter end under the first phase of a fully funded [...]
Abitibi Metals Corp. is pleased to provide an update on its maiden drill program currently underway at the B26 Polymetallic Deposit. The Company is currently completing its winter drill program at the Deposit, where a minimum of 10,000 m is targeted by the end of March under the first phase of a fully funded 30,000-metre 2024 field season. On Nov [...]
Abitibi Metals is pleased to announce results from the first two holes of the maiden drill program currently underway at the B26 Polymetallic Deposit. The Company is currently completing its winter drill program at the Deposit, where a minimum of 10,000 m is targeted by the end of March under the first phase of a fully funded 30,000-metre 2024 [...]
