Abitibi Metals Corp. (CSE:AMQ) (OTCQB:AMQFF) (FSE:FW0) (“Abitibi” or the “Firm”) is happy to announce the identification of recent exploration targets on the B26 Venture, achieved via the applying of superior gravimetric surveying. The Firm just lately 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 possibility 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 major 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 broad potential. The down-dip anomaly, together with a number of along-strike and northwest targets, presents a compelling alternative for useful resource growth 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 Extensive 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 robust 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, comparable to 1274-17-255 W1, point out robust 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 have been lined with restricted drilling and could be thought of open. The vast majority of the goal is situated 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 embody: 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 likewise north-west of the deposit. The targets encompass vertical lenses with various dimensions, as outlined by the inversion mannequin generated by Seequent Voxi-GRAV-3D Software program. These targets have 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, doubtless 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 overlaying your complete strike size of the Enjalran-Brouillan contact south of the B26 mineralized development. The inversion mannequin confirmed eight distinct excessive gravity anomalies. The japanese one corresponds to the place of the B26 mineralization. Going westward, the surroundings north of anomalies should not drill examined. Totally different interpretations counsel 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 programs.
These geophysical strategies, built-in into the exploration technique to find further mineralization at depth and alongside strike, are repeatedly evolving. Traditionally, the deposit was investigated utilizing electrical strategies, which have been unable to successfully distinguish and clearly spotlight the polymetallic stringers and vein programs from the strongly pyritic and domestically graphitic models surrounding the deposit. By incorporating new evaluation instruments, the downhole gravity survey utilizing system will allow Abitibi’s technical staff to raised discriminate targets at depth with a lot larger 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.
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Word 1: Targets recognized encompass 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 have 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 Individual
Info contained on this press launch was reviewed and authorised by Martin Demers, P.Geo., OGQ No. 770, a certified particular person as outlined below Nationwide Instrument 43-101, and liable for the technical info supplied 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 street, 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 treasured metallic properties which are drill-ready with high-upside and growth 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 metallic 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 robust 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 long run.
ON BEHALF OF THE BOARD
Jonathon Deluce, Chief Government Officer
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Neither the Canadian Securities Change nor its Regulation Companies Supplier accepts duty for the adequacy or accuracy of this launch.
Word 1: Copper equal values calculated utilizing metallic costs of $4.00/lb Cu, $1.50/lb Zn, $20.00/ounce Ag and $1,800/ounce Au. Restoration components have been utilized in line with SGS CACGS-P2017-047 metallurgical check: 98.3% for copper, 90% for gold, 96.1% for zinc, 72.1% for silver.
Ahead-looking assertion:
This information launch incorporates sure statements, which can represent “forward-looking info” inside the that means of relevant securities legal guidelines. Ahead-looking info entails 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 vital enterprise, financial and aggressive uncertainties and contingencies, a lot of that are past the Firm’s management and plenty of of which, relating to future enterprise choices, 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 necessary components that might 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 meant. All components must be thought of fastidiously, and readers shouldn’t place undue reliance on Abitibi’s forward-looking info. Typically, forward-looking info could be recognized by way of forward-looking terminology comparable to “expects,” “estimates,” “anticipates,” or variations of such phrases and phrases (together with damaging and grammatical variations) or statements that sure actions, occasions or outcomes “might,” “might,” “would possibly” or “happen. Mineral exploration and improvement are extremely speculative and are characterised by quite a lot of vital inherent dangers, which can consequence within the lack of ability of the Firm to efficiently develop present or proposed tasks for industrial, 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 is no such thing as a assurance that the Firm will probably be profitable in reaching industrial mineral manufacturing and the chance of success have to be thought of in mild of the stage of operations.