Abitibi Metals Corp. (CSE:AMQ) (OTCQB:AMQFF) (FSE:FW0) (“Abitibi” or the “Firm”) is happy to announce the identification of latest exploration targets on the B26 Venture, achieved by means of the applying of superior gravimetric surveying. The Firm not too long ago obtained an up to date inversion mannequin, which has revealed high-priority exploration targets. These targets current alternatives for exploration and useful resource improvement, together with: 1) higher defining the B26 signature alongside strike, and a couple of) testing a excessive precedence anomaly on the down-dip extension of the B26 Deposit. On November sixteenth, 2023, the Firm entered into an choice settlement on the B26 Polymetallic Deposit to earn 80% over 7 years from SOQUEM Inc. (“SOQUEM”), a subsidiary of Investissement Québec (see information launch dated November 16, 2023).
“The identification of those new high-priority targets at B26 marks a big development in our exploration technique,” stated Jonathon Deluce & CEO of Abitibi Metals. “The applying of superior gravimetric surveying and reinterpretation of historic information has allowed us to refine our focusing on and improve our understanding of the deposit and property vast potential. The down-dip anomaly, together with a number of along-strike and northwest targets, presents a compelling alternative for useful resource enlargement and discovery in beforehand underexplored areas. We’re dedicated to leveraging cutting-edge geophysical methods to unlock the complete potential of B26 and drive long-term worth for our shareholders.”
Determine 1: Property Huge Targets (CNW Group/Abitibi Metals Corp.)
Determine 2: Gravity Anomaly 5513300N (CNW Group/Abitibi Metals Corp.)
Determine 3: Gravity Anomaly 5513400N (CNW Group/Abitibi Metals Corp.)
A powerful gravity distinction was modeled alongside the down-dip extension of the B26 deposit that was based mostly on: 1) Soquem’s 2017 Gravilog survey, 2) density measurements from drill holes, and three) a 2024 floor gravimetry survey. Abitibi Geophysics reinterpreted the Gravilog information with new inversion software program that takes under consideration the variation in gravity alongside the drill holes. The interpretation was developed collaboratively by Abitibi Geophysics and Abitibi Metals geologists, to make sure that every anomaly corresponded to an space that was potential geologically.
The survey was composed of 1466 stations distributed on 26 strains; 250 to 500 metres spaced, accomplished in June 2024 by Geophysics TMC. Abitibi Geophysics personnel carried out a survey evaluation and reinterpreted the borehole Gravilog information, combining it with the floor gravity strains survey.
Down Dip Goal
The modeled goal has a diameter of 400–500 metres. Surrounding drill holes, resembling 1274-17-255 W1, point out sturdy sulfide content material, with semi-massive intervals internet hosting copper-zinc mineralization over metric intervals close to the higher restrict of the gravity anomaly. Solely the boundaries of this new goal had been lined with restricted drilling and might be thought-about open. Nearly all of the goal is positioned exterior of the interpreted define of the mineralized system and elevated copper equal grades have been noticed in historic drill assays on the goal’s boundary. Highlights embrace: 1) 1.2% CuEQ over 10.5m ranging from 767.1m (1274-16-231), 2) 2.4% CuEQ over 11.8m ranging from 1,111m together with 36.5% CuEQ over 0.7m (1274-16-239), and three) 2.7% CuEQ over 10.5m ranging from 990m together with 15.1% CuEQ over 1.1m (1274-17-248) (see figures 2 and three).
Alongside Strike and Northwest Targets
TMC Geophysics discriminated a collection of optimistic gravity anomalies alongside strike, expending as much as 6km west of B26 and in addition north-west of the deposit. The targets include vertical lenses with various dimensions, as outlined by the inversion mannequin generated by Seequent Voxi-GRAV-3D Software program. These targets had been recognized based mostly on modeled density contrasts, together with a 3 km-long elongated low density distinction aligned with the B26 system, in addition to further anomalies within the central space of the property, possible related to sulfide-bearing volcanic contacts. A modeled low gravity anomaly might correspond to the contact at depth with the Brouillan intrusion. Abitibi Geophysics generated a mannequin that targeted on a gravity distinction of some hundred meters south of the B26 zone. The inversion mannequin was based mostly on density measurements taken on drill core.
The floor gravity anomaly revealed a steady gravimetry distinction protecting your entire strike size of the Enjalran-Brouillan contact south of the B26 mineralized pattern. The inversion mannequin confirmed eight distinct excessive gravity anomalies. The japanese one corresponds to the place of the B26 mineralization. Going westward, the setting north of anomalies are usually not drill examined. Totally different interpretations recommend the anomalies could also be associated to the presence of mafic dyke swarms noticed within the hanging wall of the VMS mineralization. AMQ intends to make use of these anomalies as a basis for exploration, investigating their potential as proximity indicators for finding further polymetallic mineralized methods.
These geophysical strategies, built-in into the exploration technique to find further mineralization at depth and alongside strike, are constantly evolving. Traditionally, the deposit was investigated utilizing electrical strategies, which had been unable to successfully distinguish and clearly spotlight the polymetallic stringers and vein methods from the strongly pyritic and regionally graphitic items surrounding the deposit. By incorporating new evaluation instruments, the downhole gravity survey utilizing system will allow Abitibi’s technical staff to higher discriminate targets at depth with a lot higher element. Shifting ahead, the Firm will couple this method with different geophysical strategies which are particularly tailor-made to the B26 deposit and its distinctive geological traits.
|
Be aware 1: Targets recognized include vertical lenses with various dimensions, with a density of three.0 g/cm³, and the inversion was based mostly on deviations from a 2.67 g/cm³ density mannequin. Shallow targets had been recognized based mostly on a density distinction of as much as 0.15 g/cm³.The native density mannequin outlined under in figures 2 and three was established for the B26 deposit based mostly on floor gravity. A depth response calculated utilizing Gravilog measurements revealed a optimistic gravity distinction of 0.5 mGal, centered on part 652700 at roughly 800 metres vertical depth. |
Certified Particular person
Data contained on this press launch was reviewed and authorised by Martin Demers, P.Geo., OGQ No. 770, a certified individual as outlined beneath Nationwide Instrument 43-101, and liable for the technical info offered on this information launch.
References:
Simard, J. (2024). Report on a Floor Gravity Survey Accomplished on the B-26 Venture, Brouillan Township, James Bay, Quebec. Submitted to Abitibi Metals Company, London, Ontario. Ref.: 24C-685.
Younger, N. (2025). Borehole Gravity 3D Modelling Gravilog Inversion Memo. Ready for Abitibi Metals Corp. by Abitibi Geophysics, Head Workplace 1740, Sullivan highway, suite 1400, Val-d’Or, Canada, J9P 7H1.
About Abitibi Metals Corp:
Abitibi Metals Corp. is a Quebec-focused mineral acquisition and exploration firm targeted on the event of high quality base and valuable steel properties which are drill-ready with high-upside and enlargement potential. Abitibi’s portfolio of strategic properties gives target-rich diversification and consists of the choice to earn 80% of the high-grade B26 Polymetallic Deposit, which hosts a useful resource estimate of 11.3MT @ 2.13% Cu Eq (Ind) & 7.2MT @ 2.21% Cu Eq (Inf), and the Beschefer Gold Venture, the place historic drilling has recognized 4 historic intercepts with a steel issue of over 100 g/t gold highlighted by 55.63 g/t gold over 5.57 metres and 13.07 g/t gold over 8.75 metres amongst 4 modeled zones.
About SOQUEM:
SOQUEM, a subsidiary of Investissement Québec, is devoted to selling the exploration, discovery and improvement of mining properties in Quebec. SOQUEM additionally contributes to sustaining sturdy native economies. Proud companion and ambassador for the event of Quebec’s mineral wealth, SOQUEM depends on innovation, analysis and strategic minerals to be well-positioned for the longer term.
ON BEHALF OF THE BOARD
Jonathon Deluce, Chief Govt Officer
The Firm additionally maintains an energetic presence on numerous social media platforms to maintain stakeholders and most of the people knowledgeable and encourages shareholders and events to observe and interact with the Firm by means of the next channels to remain up to date with the most recent information, trade insights, and company bulletins:
Twitter: https://twitter.com/AbitibiMetals
LinkedIn: https://www.linkedin.com/firm/abitibi-metals-corp-amq-c/
Neither the Canadian Securities Alternate nor its Regulation Companies Supplier accepts accountability for the adequacy or accuracy of this launch.
Be aware 1: Copper equal values calculated utilizing steel costs of $4.00/lb Cu, $1.50/lb Zn, $20.00/ounce Ag and $1,800/ounce Au. Restoration components had been utilized in keeping with SGS CACGS-P2017-047 metallurgical take a look at: 98.3% for copper, 90% for gold, 96.1% for zinc, 72.1% for silver.
Ahead-looking assertion:
This information launch accommodates sure statements, which can represent “forward-looking info” inside the that means of relevant securities legal guidelines. Ahead-looking info includes statements that aren’t based mostly on historic info however quite relate to future operations, methods, monetary outcomes or different developments on the B26 Venture or in any other case. Ahead-looking info is essentially based mostly upon estimates and assumptions, that are inherently topic to important enterprise, financial and aggressive uncertainties and contingencies, lots of that are past the Firm’s management and plenty of of which, relating to future enterprise selections, are topic to vary. These uncertainties and contingencies can have an effect on precise outcomes and will trigger precise outcomes to vary materially from these expressed in any forward-looking statements made by or on the Firm’s behalf. Though Abitibi has tried to establish vital components that would trigger precise actions, occasions or outcomes to vary materially from these described in forward-looking info, there could also be different components that trigger actions, occasions or outcomes to vary from these anticipated, estimated or supposed. All components must be thought-about rigorously, and readers mustn’t place undue reliance on Abitibi’s forward-looking info. Usually, forward-looking info might be recognized by way of forward-looking terminology resembling “expects,” “estimates,” “anticipates,” or variations of such phrases and phrases (together with destructive and grammatical variations) or statements that sure actions, occasions or outcomes “might,” “might,” “may” or “happen. Mineral exploration and improvement are extremely speculative and are characterised by quite a lot of important inherent dangers, which can consequence within the lack of ability of the Firm to efficiently develop present or proposed initiatives for business, technical, political, regulatory or monetary causes, or if efficiently developed, might not stay economically viable for his or her mine life owing to any of the foregoing causes, amongst others. There isn’t any assurance that the Firm can be profitable in attaining business mineral manufacturing and the chance of success have to be thought-about in gentle of the stage of operations.
