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Abitibi Metals Corp CEO Jon Deluce

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Manage episode 402606384 series 3311997
Content provided by Doc Jones the Resource Investor. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Doc Jones the Resource Investor or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

$AMQ $ANQFF drills on-site at the B26 Polymetallic Deposit (“B26” or the “Deposit”). The Company is currently completing its winter drill program at the Deposit, where a minimum of 10,000 metres is targeted by the end of March under the first phase of a fully funded 30,000-metre 2024 field season. This is the Maiden Drill Program at the B26 Deposit (Ind: 7.0MT @ 2.94% Cu Eq & Inf: 4.4MT @ 2.97% Cu Eq)

Recorded Feb 13th 2023

Since recording this news was released: https://ceo.ca/@newswire/abitibi-metals-provides-drill-program-update-at-the

"To date, fourteen holes have been completed, totalling 4,275 metres. Drilling in this first phase is broken down between 3 targets along strike testing the first 300 vertical metres:

  1. B26 Main Deposit
    1. 11 holes have been completed at this target, totalling 3,159 metres.
    2. The key objective of drilling within the B26 Main Deposit is to evaluate the open pit potential and potential up-dip near-surface extensions of the main deposit to the north. This testing is distributed over a 1.2-kilometre strike length and concentrated in the first 200 metres vertical.
  2. Satellite West:
    1. 3 holes have been completed at this target, totalling 1,116 metres.
    2. Targeting the geometric continuity of a potential satellite zone 500 metres to the west of the main deposit.
  3. Eastern Extension:
    1. Drilling at the Eastern Extension target will commence at the end of February, subject to ground conditions.
    2. Targeting the expansion of the main deposit to the east where 2.45% Cu Eq over 26.7 metres*, including 4.74% CuEq over 11.7 metres (1274-14-167) was intercepted in historical drilling."

Holes 1274-24-301, 1274-24-302 and 1274-24-304 were designed to confirm the geometry of the copper-gold stringer close to the surface. They were planned as a 5-hole fence covering a large gap in the model between the current resource at 150 meters depth and the northern bedrock interface. These holes are located to the north of 1274-13-104, which graded 3.45% CuEq over a length of 9.5 metres* from 64.5 to 74 metres. Observations to date on 1274-24-301 indicate strong sub-parallel chalcopyrite stringer from 50 to 85 metres which includes one interval showing chalcopyrite concentration above 10% from 49 to 59 metres and an interval with 20% chalcopyrite from 81 to 85 metres."

https://x.com/drjimjonesceo/status/1757235616536777209?s=20

  continue reading

60 episodes

Artwork
iconShare
 
Manage episode 402606384 series 3311997
Content provided by Doc Jones the Resource Investor. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Doc Jones the Resource Investor or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

$AMQ $ANQFF drills on-site at the B26 Polymetallic Deposit (“B26” or the “Deposit”). The Company is currently completing its winter drill program at the Deposit, where a minimum of 10,000 metres is targeted by the end of March under the first phase of a fully funded 30,000-metre 2024 field season. This is the Maiden Drill Program at the B26 Deposit (Ind: 7.0MT @ 2.94% Cu Eq & Inf: 4.4MT @ 2.97% Cu Eq)

Recorded Feb 13th 2023

Since recording this news was released: https://ceo.ca/@newswire/abitibi-metals-provides-drill-program-update-at-the

"To date, fourteen holes have been completed, totalling 4,275 metres. Drilling in this first phase is broken down between 3 targets along strike testing the first 300 vertical metres:

  1. B26 Main Deposit
    1. 11 holes have been completed at this target, totalling 3,159 metres.
    2. The key objective of drilling within the B26 Main Deposit is to evaluate the open pit potential and potential up-dip near-surface extensions of the main deposit to the north. This testing is distributed over a 1.2-kilometre strike length and concentrated in the first 200 metres vertical.
  2. Satellite West:
    1. 3 holes have been completed at this target, totalling 1,116 metres.
    2. Targeting the geometric continuity of a potential satellite zone 500 metres to the west of the main deposit.
  3. Eastern Extension:
    1. Drilling at the Eastern Extension target will commence at the end of February, subject to ground conditions.
    2. Targeting the expansion of the main deposit to the east where 2.45% Cu Eq over 26.7 metres*, including 4.74% CuEq over 11.7 metres (1274-14-167) was intercepted in historical drilling."

Holes 1274-24-301, 1274-24-302 and 1274-24-304 were designed to confirm the geometry of the copper-gold stringer close to the surface. They were planned as a 5-hole fence covering a large gap in the model between the current resource at 150 meters depth and the northern bedrock interface. These holes are located to the north of 1274-13-104, which graded 3.45% CuEq over a length of 9.5 metres* from 64.5 to 74 metres. Observations to date on 1274-24-301 indicate strong sub-parallel chalcopyrite stringer from 50 to 85 metres which includes one interval showing chalcopyrite concentration above 10% from 49 to 59 metres and an interval with 20% chalcopyrite from 81 to 85 metres."

https://x.com/drjimjonesceo/status/1757235616536777209?s=20

  continue reading

60 episodes

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