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Abitibi Metals Resumes Phase 3 Drill Program (17,500m) and Enhances Operational Efficiency
Abitibi Metals Corp. (CSE: AMQ) (OTCQB: AMQFF) (FSE: FW0) ("Abitibi" or the "Company") is pleased to announce that drilling has officially restarted as part of its fully funded Phase 3 drill program at the B26 Polymetallic Deposit, located in the Abitibi Greenstone Belt, Québec. Following the successful completion of 2,522 metres prior to the spring break, two drill rigs are currently active on-site, and a third scheduled to mobilize in the coming weeks. The Company currently owns 50% of the B26
About this update from Abitibi Metals Corp
[{"type":"text","content":"Highlights:","length":11,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Phase 3 Drilling update: Drilling has commenced with two drills, and the directional crew has arrived at the camp. This program is expansional focused, following up on high-grade intercepts on the boundary of the deposit which include:","length":235,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"1274-13-117: 2.92% CuEq (2.36% Cu, 0.56 g/t Au & 6.47 g/t Ag) over 68 metres","length":85,"tagName":"p"}]},{"val":[{"type":"text","content":"1274-17-260: 2.63% CuEq (1.75% Cu, 1.34 g/t Au & 3.17 g/t Ag) over 12 metres","length":85,"tagName":"p"}]},{"val":[{"type":"text","content":"1274-17-269: 2.99% CuEq (1.78% Cu, 0.92 g/t Au & 1.87 g/t Ag) over 10 metres","length":85,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":255,"olType":false}]},{"val":[{"type":"text","content":"Phase 3 Budget: The program is budgeted at an all-in cost of $250 per metre, with 11,660 metres already fully designed and 5,900 metres allocated for follow-up based on results.","length":177,"tagName":"p"}]},{"val":[{"type":"text","content":"Other strategic initiatives: aimed at enhancing near real time decision-making to support an optimized and data-driven exploration process.","length":139,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":806,"olType":false},{"type":"text","content":"LONDON, ON, June 26, 2025 /CNW/ - Abitibi Metals Corp. (CSE: AMQ) (OTCQB: AMQFF) (FSE: FW0) ("Abitibi" or the "Company") is pleased to announce that drilling has officially restarted as part of its fully funded Phase 3 drill program at the B26 Polymetallic Deposit, located in the Abitibi Greenstone Belt, Québec. Following the successful completion of 2,522 metres prior to the spring break, two drill rigs are currently active on-site, and a third scheduled to mobilize in the coming weeks. The Company currently owns 50% of the B26 Deposit and retains the option to earn an additional 30% from SOQUEM Inc. ("SOQUEM"), a subsidiary of Investissement Québec (see news release dated November 16, 2023).","length":732,"tagName":"p"},{"type":"text","content":"The Phase 3 program represents the Company's most ambitious and technically advanced drill campaign to date, with up to 17,500 metres p...