Jon Deluce, President and CEO of Abitibi Metals (CSE:AMQ – OTC:AMQFF – FSE:4KG) joins us to provide a comprehensive overview of recent milestones and upcoming plans across the company’s copper-gold projects in the Abitibi region, focused primarily on the B26 deposit.
Key Discussion Topics:
- Recap of the 2024 Phase 2 drill program, with ~16,500m completed—highlighting new high-grade intercepts including 2.4% CuEq over 17.5m.
- Details on the recently closed almost $10M bought deal financing, which will fund a larger Phase 3 drill program.
- Preview of the Phase 3 drill campaign, targeting a minimum of 20,000 meters, drilling will be allocated across:
- High-grade zone definition and expansion (30%)
- Step-out and expansion drilling (50%)
- Property-wide exploration (20%)
- High-grade zone definition and expansion (30%)
- Insight into the new VP of Exploration, Louis Gariépy, formerly with O3 Mining and Agnico – bringing deep experience in VMS and gold systems.
- Acquisition of 100% ownership of the Beschefer Gold Project, located just 7km from B26, enhancing strategic optionality in the region.
Jon also discusses timelines for potential economics, strategic project development, and how Abitibi’s exploration is structured to balance near-term value creation with long-term upside.
If you have any follow up questions for Jon please email us at Fleck@kereport.com or Shad@kereport.com.