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Abitibi Metals Corp CEO Jon Deluce
Manage episode 402606384 series 3311997
$AMQ $ANQFF drills on-site at the B26 Polymetallic Deposit (“B26” or the “Deposit”). The Company is currently completing its winter drill program at the Deposit, where a minimum of 10,000 metres is targeted by the end of March under the first phase of a fully funded 30,000-metre 2024 field season. This is the Maiden Drill Program at the B26 Deposit (Ind: 7.0MT @ 2.94% Cu Eq & Inf: 4.4MT @ 2.97% Cu Eq)
Recorded Feb 13th 2023
Since recording this news was released: https://ceo.ca/@newswire/abitibi-metals-provides-drill-program-update-at-the
"To date, fourteen holes have been completed, totalling 4,275 metres. Drilling in this first phase is broken down between 3 targets along strike testing the first 300 vertical metres:
- B26 Main Deposit
- 11 holes have been completed at this target, totalling 3,159 metres.
- The key objective of drilling within the B26 Main Deposit is to evaluate the open pit potential and potential up-dip near-surface extensions of the main deposit to the north. This testing is distributed over a 1.2-kilometre strike length and concentrated in the first 200 metres vertical.
- Satellite West:
- 3 holes have been completed at this target, totalling 1,116 metres.
- Targeting the geometric continuity of a potential satellite zone 500 metres to the west of the main deposit.
- Eastern Extension:
- Drilling at the Eastern Extension target will commence at the end of February, subject to ground conditions.
- Targeting the expansion of the main deposit to the east where 2.45% Cu Eq over 26.7 metres*, including 4.74% CuEq over 11.7 metres (1274-14-167) was intercepted in historical drilling."
Holes 1274-24-301, 1274-24-302 and 1274-24-304 were designed to confirm the geometry of the copper-gold stringer close to the surface. They were planned as a 5-hole fence covering a large gap in the model between the current resource at 150 meters depth and the northern bedrock interface. These holes are located to the north of 1274-13-104, which graded 3.45% CuEq over a length of 9.5 metres* from 64.5 to 74 metres. Observations to date on 1274-24-301 indicate strong sub-parallel chalcopyrite stringer from 50 to 85 metres which includes one interval showing chalcopyrite concentration above 10% from 49 to 59 metres and an interval with 20% chalcopyrite from 81 to 85 metres."
https://x.com/drjimjonesceo/status/1757235616536777209?s=20
63 jaksoa
Abitibi Metals Corp CEO Jon Deluce
Due Diligence by Doc Jones, Resource Investor, Hunting for Exceptional returns.
Manage episode 402606384 series 3311997
$AMQ $ANQFF drills on-site at the B26 Polymetallic Deposit (“B26” or the “Deposit”). The Company is currently completing its winter drill program at the Deposit, where a minimum of 10,000 metres is targeted by the end of March under the first phase of a fully funded 30,000-metre 2024 field season. This is the Maiden Drill Program at the B26 Deposit (Ind: 7.0MT @ 2.94% Cu Eq & Inf: 4.4MT @ 2.97% Cu Eq)
Recorded Feb 13th 2023
Since recording this news was released: https://ceo.ca/@newswire/abitibi-metals-provides-drill-program-update-at-the
"To date, fourteen holes have been completed, totalling 4,275 metres. Drilling in this first phase is broken down between 3 targets along strike testing the first 300 vertical metres:
- B26 Main Deposit
- 11 holes have been completed at this target, totalling 3,159 metres.
- The key objective of drilling within the B26 Main Deposit is to evaluate the open pit potential and potential up-dip near-surface extensions of the main deposit to the north. This testing is distributed over a 1.2-kilometre strike length and concentrated in the first 200 metres vertical.
- Satellite West:
- 3 holes have been completed at this target, totalling 1,116 metres.
- Targeting the geometric continuity of a potential satellite zone 500 metres to the west of the main deposit.
- Eastern Extension:
- Drilling at the Eastern Extension target will commence at the end of February, subject to ground conditions.
- Targeting the expansion of the main deposit to the east where 2.45% Cu Eq over 26.7 metres*, including 4.74% CuEq over 11.7 metres (1274-14-167) was intercepted in historical drilling."
Holes 1274-24-301, 1274-24-302 and 1274-24-304 were designed to confirm the geometry of the copper-gold stringer close to the surface. They were planned as a 5-hole fence covering a large gap in the model between the current resource at 150 meters depth and the northern bedrock interface. These holes are located to the north of 1274-13-104, which graded 3.45% CuEq over a length of 9.5 metres* from 64.5 to 74 metres. Observations to date on 1274-24-301 indicate strong sub-parallel chalcopyrite stringer from 50 to 85 metres which includes one interval showing chalcopyrite concentration above 10% from 49 to 59 metres and an interval with 20% chalcopyrite from 81 to 85 metres."
https://x.com/drjimjonesceo/status/1757235616536777209?s=20
63 jaksoa
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