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The latest announcement is out from Abitibi Metals ( (TSE:AMQ) ).
Abitibi Metals Corp. has announced the successful completion of its Phase II drill program at the B26 Polymetallic Deposit, revealing multiple high-grade intersections that underscore the potential of this resource. The latest results have filled previous gaps in the geological model, thereby expanding the resource and enhancing confidence in the continuity of mineralization. These findings are significant for the company’s operations and market positioning, particularly in their partnership with SOQUEM Inc., as they aim to earn a substantial stake in the deposit over the next seven years.
More about Abitibi Metals
Abitibi Metals Corp. is a company operating in the mining industry, primarily focused on exploring and developing polymetallic deposits. Their recent focus has been on the B26 Polymetallic Deposit, with an emphasis on copper-gold mineralization and potential zinc and silver enrichment.
YTD Price Performance: -14.29%
Average Trading Volume: 33,053
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $6.8M
For an in-depth examination of AMQ stock, go to TipRanks’ Stock Analysis page.
