en.Wedoany.com Reported - Abitibi Metals Corp. (CSE: AMQ) recently announced drilling results from its B26 polymetallic deposit in Quebec, Canada, extending the known boundary of the western down-dip zone 300 meters west of the 2024 block model boundary. The project is a joint venture with SOQUEM, in which Abitibi holds an 80% interest. The drill hole intersected 1.81% copper equivalent (CuEq) over 15 meters from a depth of 1346 meters, including an internal interval of 7 meters grading 2.71% CuEq (1.88% copper and 0.56 g/t gold), with a peak 2-meter interval grading 4.52% CuEq. This extension aims to validate the deep root system and drive resource growth.
According to the NI 43-101 resource estimate, the B26 deposit holds indicated resources of 12.96 million tonnes grading 2.08% CuEq and inferred resources of 12.34 million tonnes grading 2.20% CuEq. The deposit is located 7 kilometers southeast of the former Selbaie mine. Previous extension drilling had intersected the copper stringer zone 150 meters west of the 2024 model boundary. The latest drilling advanced a further 150 meters westward, cumulatively extending the mineralization envelope boundary 300 meters west. A third drill hole, located 70 meters from the previous extension hole, intersected a black chlorite-chalcopyrite envelope grading 0.61% CuEq over 14 meters, including a 1-meter interval grading 1.99%. This spacing corresponds to the recommended infill spacing for the indicated resource category by the resource consultant. Additionally, two drill holes located approximately 200 meters and over 350 meters from the nearest drilling within the mineralized body intersected dark chlorite alteration halos of 22 meters and 13 meters respectively, albeit with lower grades, confirming the persistence of the alteration system at wider spacing.
The company plans to add a third drill rig in the coming weeks, bringing the total to three rigs, to continue infill drilling at 70-meter spacing within the copper stringer zone to advance the intercepts to the indicated resource category. The 2026 plan includes 40,000 meters of drilling. Downhole pulse electromagnetic surveys are being considered for the widely spaced extension holes. A resource update incorporating the extension results is expected to reflect meaningful growth in the overall mineralization envelope. Additional assay results from pending drill holes are expected to be released in the coming weeks.
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