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The latest announcement is out from Abitibi Metals ( (TSE:AMQ) ).
Abitibi Metals Corp. has announced successful step-out drilling results at its B26 Polymetallic Deposit in Québec, indicating significant expansion potential beyond the current Mineral Resource Estimate. The ongoing Phase 3 drill program has intersected mineralization in multiple directions, with over 4,829 metres drilled so far and plans to continue testing high-priority expansion zones. This development positions Abitibi Metals as a promising player in the Canadian copper market, with the potential to significantly increase its resource base and company value.
More about Abitibi Metals
Abitibi Metals Corp. is a company operating in the mining industry, focusing on the exploration and development of polymetallic deposits. The company is primarily involved in copper production and is actively engaged in expanding its mineral resources at the B26 Polymetallic Deposit in Québec.
YTD Price Performance: -21.31%
Average Trading Volume: 143,846
Technical Sentiment Signal: Sell
Current Market Cap: C$28.26M
For an in-depth examination of AMQ stock, go to TipRanks’ Overview page.