Jon DeLuce, President and CEO of Abitibi Metals (CSE:AMQ – OTC:AMQFF FSE:4KG) joins me to provide a comprehensive overview of the Company’s focus in the Abitibi region, in Quebec, at 2 Projects.
We focus on the Company’s main assets, including the B26 deposit, which has a resource of 11.4 million tons of copper equivalent at just under 3% copper equivalent, which is around 400 million pounds of copper equivalent (indicated plus inferred). The company has a 30,000 meter drill program underway, to both grow and de-risk the deposit. Additionally, the Beschefer Gold Project, near B26, will have a smaller program upcoming.
We also discuss the management team background, financial position with $18 million in the treasury, and the Company’s approach towards future exploration and resource updates.
Please email me with any follow up questions you have for John. My email address is Fleck@kereport.com.
Click here to visit the Abitibi Metals website to learn more about the Company.
Upcoming live event! May 23rd at 11:30am PDT
- Fury Gold Mines – Updated Resource Estimate At Eau Claire, High-Grade Gold Portfolio in Low-Risk Jurisdictions
- Tim Clark, President and CEO, and Bryan Atkinson, Senior VP Exploration, will join me to recap the recently updated Mineral Resource Estimate at the Eau Claire Project as well as provide a full overview of the Company. The updated Resource is now just under 2million gold ounces.