- Final overlimit assays from Abitibi Metals (CSE:AMQ) hole 269W3 return 4.46 per cent CuEq over 21.1 metres, within 1.8 per cent CuEq over 69 metres
- Expanded Phase 3 program grows to 20,000 metres following high-grade results in Québec’s B26 deposit
- Three drill rigs now active, with completion targeted for November
- Shares of Abitibi Metals (CSE:AMQ) last traded at $0.35
Abitibi Metals Corp. (CSE:AMQ) has expanded its Phase 3 drill program at the B26 polymetallic deposit in Québec to 20,000 metres after final assays from hole 1274-17-269W3 returned upgraded copper-equivalent grades.
The latest results show 4.46 per cent CuEq over 21.1 metres, up from the previously reported 3.65 per cent CuEq, within a broader interval of 1.8 per cent CuEq over 69 metres, starting at 932 metres depth.
When recalculated using spot metal prices, the same interval increases to 5.89 per cent CuEq over 21.1 metres, reflecting a 1.14 g/t gold credit and underlining the deposit’s leverage to precious metal prices.
According to Abitibi, the intercept represents one of the most robust results to date from the western plunge of the B26 system and validates the zone’s high-grade growth potential.
The company added that hole 269W3 successfully tested a gap in previous drilling, located about 80 metres down-dip from hole 1274-17-260, which returned 2.56 per cent CuEq over 10 metres within a broader 1.26 per cent CuEq over 28.5 metres.
Based on the strength of the new intercept and continued mineralisation seen in follow-up drilling, Abitibi has expanded the current campaign to 20,000 metres and mobilised three active rigs using IMDEX directional technology. The program is expected to conclude by the end of November.
“We are extremely encouraged by the final results from 269W3, which demonstrate world-class copper grades,” said Jonathon Deluce, CEO of Abitibi Metals.
“As a result, we are expanding the Phase 3 drill program through the end of the year to 20,000 metres, with a focus on the high-grade western plunge of the system,” he added.
Abitibi currently owns a 50 per cent interest in B26 and can earn an additional 30 per cent from SOQUEM Inc., a subsidiary of Investissement Québec.
The B26 deposit hosts a resource of 11.3 million tonnes at 2.13 per cent CuEq indicated and 7.2 million tonnes at 2.21 per cent CuEq inferred.
According to the company’s news release filed on SEDAR+ on October 9, 2025.
Shares of Abitibi Metals (CSE:AMQ) closed up 6.06 per cent at $0.35 on the Canadian Securities Exchange following the announcement.
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