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Gold prices reached record highs yesterday as AMQ.c (OTC: AMQFF) announced the start of drilling @ Beschefer Gold, aiming to extend the mineralized zone. Past drilling results include 55.63 g/t Au over 5.57m. + Results from ~36 holes from AMQ's B26 Copper Deposit are pending. News breakdown here⬇️
https://www.reddit.com/r/Miningstocks/comments/1c1uyog/abitibi_metals_corp_amqc_starts_drilling_at_its/
Yesterday, Abitibi Metals (AMQ.c AMQFF) announced the commencement of drilling at its Beschefer Gold Project, which saw previous intersections including 4.92 g/t gold over 28.65 metres and 55.63 g/t gold over 5.57 metres: https://abitibimetals.com/abitibi-commences-drilling-at-the-beschefer-gold-project/
AMQ closed up 10% today on high volume after announcing that it has started drilling at its Beschefer Gold Project.
Previous drilling results @ Beschefer include 224 g/t gold over 1.23m and 86.74 g/t gold over 0.60m.
https://abitibimetals.com/abitibi-commences-drilling-at-the-beschefer-gold-project/
Reuters: AI-driven demand for copper could go up 1Mmt by '30. AMQ.c is aiming to address this future demand with its B26 Polymetallic Deposit. Ongoing drilling recently returned 61.3m at 2.5% CuEq including 10.6m at 11.4% CuEq. Expansion plans are underway. Full news breakdown here⬇️
https://www.reddit.com/r/wallstreetsmallcaps/comments/1c07k2v/promising_copper_discoveries_from_abitibi_metals/
Predictions suggest AI and data centers could boost copper demand by 1 million tons by 2030, worsening supply deficits amid energy transition. https://www.reuters.com/markets/commodities/ai-could-add-1-million-tons-copper-demand-by-2030-says-trafigura-2024-04-08/
AMQ's most recent drill findings from its B26 Polymetallic Deposit include 61.3 meters at 2.5% CuEq and 10.6 meters at 11.4% CuEq, suggesting the presence of high-grade copper core areas and the potential for substantial bulk tonnage. The company's expansion strategies are directed towards additional exploration of these high-grade cores.
https://abitibimetals.com/abitibi-metals-drills-61-3-metres-at-2-5-cu-eq-near-surface-at-the-b26-deposit/
Yesterday, Abitibi Metals (AMQ.c AMQFF) announced the final upsize of its previously announced private placement to $7.1M fully allocated due to overwhelming interest - coincides well amid copper nearing a 15-month high: https://abitibimetals.com/abitibi-metals-announces-final-upsize-of-its-previously-announced-private-placement-to-7-1-million-fully-allocated/
Analyst Richard Mill predicts copper will continue to be bullish in 2024 due to supply-demand imbalance & US dollar fluctuations. He highlights copper junior AMQ.c, emphasizing its strategic position & B26 property which has returned grades up to 11.4% CuEq. Article breakdown here⬇️
https://www.reddit.com/r/smallstreetbets/comments/1bwxdkp/five_copper_plays_amid_supplydriven_price_surge/
As the sheer demand for copper is facing unprecedented levels amid the global energy transition, new sources of copper are much needed & Abitibi Metals (AMQ.c AMQFF) seemingly has one with the B26 Project (Ind. 6.9MT @ 2.94% CuEq & Inf 4.41MT @ 2.97% Cu Eq): https://new.reddit.com/r/Wealthsimple_Penny/comments/1bv7nws/growth_plans_for_highgrade_copper_discovery_in/
Good article here discussing the optimistic forecast for copper in 2024, emphasizing AMQ's notable performance with its B26 property, where recent findings revealed copper grades as high as 11% Cu.
https://aheadoftheherd.com/five-copper-plays-amid-supply-driven-price-surge-richard-mills/
With copper rallying to its highest level in 14 months due to rising supply risks and hopes for a global recovery in demand, Abitibi Metals (AMQ.c AMQFF) is in a good spot with the B26 Project (Ind. 6.9MT @ 2.94% CuEq & Inf 4.41MT @ 2.97% Cu Eq): https://new.reddit.com/r/Wealthsimple_Penny/comments/1bv7nws/growth_plans_for_highgrade_copper_discovery_in/
Insightful breakdown of an emerging copper junior in Quebec's Abitibi Greenstone Belt: https://new.reddit.com/r/Commodities/comments/1btjnyi/setting_the_stage_for_a_very_strong_copper_and/
As copper rallies back above $9,000, this company is well positioned with a substantial resource.
The post below details Abitibi Metals' (AMQ.c) promising initial drilling results at its B26 Polymetallic/Copper Deposit. One hole revealed 61.3m @ 2.5% CuEq, w/ 10.6m @ 11.4% CuEq. Overall 8,839m was drilled across 29 holes w/ results indicating high-grade zones. AMQ plans to drill more💥⛏️
https://www.reddit.com/r/Wallstreetbetsnew/comments/1budun9/abitibi_metals_amqc_breakthroughs_at_the_b26/
AMQ's latest discoveries from its B26 Polymetallic/Copper Deposit, showcase notable intersections like 61.3 meters at 2.5% CuEq and 10.6 meters at 11.4% CuEq, suggesting the presence of high-grade core areas and significant bulk tonnage.Details⬇️
https://abitibimetals.com/abitibi-metals-drills-61-3-metres-at-2-5-cu-eq-near-surface-at-the-b26-deposit/
Joining Radius Research, Abitibi Metals (AMQ.c AMQFF) CEO, Jon Deluce, outlined the company's growth plans heading into 2024, including the B26 Polymetallic Exploration and Development Plans as well as the Beschefer Gold Project, where historical drilling has identified 4 historical intercepts with a metal factor of over 100 g/t gold:
Analyst Richard Mills discusses copper's positive outlook in 2024, w/ Goldman Sachs predicting a price surge. Mills highlights Abitibi Metals (AMQ.c) for its recent high-grade findings (including assays showing 4.1% CuEq over 34m) & exploration commitments which signal growth potential. Breakdown⬇️
https://www.reddit.com/r/Miningstocks/comments/1bq91sk/new_article_five_copper_play_amid_supplydriven/
Interesting article here on copper's positive outlook for 2024 that spotlighted how AMQ stands out with its B26 property which recently returned copper grades up to 11% Cu. Great read⬇️
https://aheadoftheherd.com/five-copper-plays-amid-supply-driven-price-surge-richard-mills/
AMQ.c recently disclosed encouraging findings from its B26 Polymetallic Deposit, which include intersections such as 61.3 meters at 2.5% CuEq and 10.6 meters at 11.4% CuEq⬇️
https://abitibimetals.com/abitibi-metals-drills-61-3-metres-at-2-5-cu-eq-near-surface-at-the-b26-deposit/
Interesting post on the incoming copper shortage and what seems to be a new high-grade copper discovery in the Abitibi Greenstone Belt which may alleviate supply concerns: https://www.reddit.com/r/stockstobuytoday/comments/1boltff/developing_a_highgrade_copper_discovery_in_quebec/
AMQ.c has increased its private placement to $5M from $3M, reflecting strong investor interest in the jr mining company. The funds are expected to expedite exploration at AMQ's B26 Copper Project, consolidating AMQ's 7-year exploration commitment into 2 years w/ a $15M budget. News breakdown here⬇️
https://www.reddit.com/r/StonkFeed/comments/1bnsmkn/abitibi_metals_corp_amqc_upsizes_private/
AMQ has upsized its PP from C$3M to C$5M, underscoring investor confidence in the copper jr & its B26 Deposit which boasts a 7MT indicated resource at 2.94% CuEq. These funds will accelerate exploration at B26, consolidating a 7-year work commitments into 2 years w/ a $15M 2024-2025 budget.
https://abitibimetals.com/abitibi-metals-announces-the-upsize-of-its-previously-announced-private-placement-to-5-million-at-0-86-share/
AMQ is hosting a webinar with Radius Research tomorrow, March 26th at 1pm EST: https://us02web.zoom.us/webinar/register/1717111314046/WN_dgEZFvr2Sqy7obR7RCp3og#/registration
AMQ.c recently reported promising results from its B26 Polymetallic Deposit, including 61.3m at 2.5% CuEq & 10.6 meters at 11.4% CuEq, indicating potential for high-grade core zones and bulk tonnage. Expansion plans aim to further explore high-grade cores.
https://abitibimetals.com/abitibi-metals-drills-61-3-metres-at-2-5-cu-eq-near-surface-at-the-b26-deposit/
It's notable that Abitibi Metals' (AMQ.c AMQFF) latest upsizing of its $3M private placement to $5M was led by the Deluce family: https://www.reddit.com/r/WallStreetbetsELITE/comments/1bkhc4z/todays_abitibi_metals_amqc_amqff_new_upsizing_of/
Big news from Abitibi Metals (AMQ.c AMQFF) today, announced the upsizing of its $3M private placement to $5M at $0.86/share, led by the Deluce family: https://www.reddit.com/r/WallStreetbetsELITE/comments/1bkhc4z/todays_abitibi_metals_amqc_amqff_new_upsizing_of/
Comes only a day after the drilling of 61.3M at 2.5% CuEq near surface at the deposit with a third drill-rig on site.
Today, AMQ.c secured a 3rd drill rig to help it achieve its goal of drilling 10,000m drill by quarter-end @ its B26 Copper Deposit. Drilling highlights include 6.3% CuEq over 10.6m, 11.4% CuEq over 10.6m. The 3rd rig is targeting the Eastern Extension which has historically returned 2.32% CuEq over 89.5m.
https://abitibimetals.com/abitibi-metals-secures-third-drill-for-on-going-drill-program-at-the-high-grade-b26-polymetallic-deposit/
In advancing its extensive drilling program at the B26 Deposit, Abitibi Metals (AMQ.c AMQFF) has been continually returning promising results, as detailed by CEO Jonathon Deluce during his latest interview:
Focused on extensional drilling at its high-grade B26 Polymetallic Deposit in its 30,000m 2024 drill program with additional assay results incoming, Abitibi Metals (AMQ.c AMQFF) is well positioned amid copper's rally above US$9,000/ton: https://www.reddit.com/r/Canadapennystocks/comments/1bfp9k8/copper_rallies_above_us9000ton_amid_abitibi/
New drill program update from Abitibi Metals (AMQ.c AMQFF) showed the continued intersection of semi-massive & massive sulphides in extensional drilling at its high-grade B26 Polymetallic Deposit: https://ca.finance.yahoo.com/news/abitibi-metals-intersects-semi-massive-113000519.html
AMQ has uncovered high-grade results from its B26 Polymetallic Deposit drill program, including grades up to 11.4% CuEq, highlighting significant potential for near-surface open-pit mining.
https://abitibimetals.com/abitibi-metals-drills-10-6-metres-at-11-4-cu-eq-within-34-metres-at-4-1-cu-eq-near-surface-at-the-b26-deposit/
Representing some of the highest grade in the project history and representing a 333% increase from the twinned hole, Abitibi Metals (AMQ.c AMQFF) drilled 10.6m at 11.4% CuEq within 34m at 4.1% CuEq near surface at the B26 Deposit: https://www.reddit.com/r/pennystocks/comments/1b6p0s3/333_increase_in_twinned_hole_seen_at_abitibi/
Abitibi Metals (AMQ.c) reports high-grade copper, gold & silver findings from its B26 deposit, Quebec. Drilling results show 3.5% copper, 0.7g/t gold & 6.6g/t silver. Supported by investors like billionaire mining mogul Frank Giustra, significant capital has been raised for additional exploration.
https://www.reddit.com/r/Miningstocks/comments/1b4c4d0/exciting_copper_discovery_in_quebec_abitibi/
Abitibi Metals (AMQ.c AMQFF) drilled 10.6m at 11.4% CuEq within 34m at 4.1% CuEq near surface at the B26 Deposit - some of the highest grade in the project history and representing a 333% increase from the twinned hole: https://abitibimetals.com/abitibi-metals-drills-10-6-metres-at-11-4-cu-eq-within-34-metres-at-4-1-cu-eq-near-surface-at-the-b26-deposit/
As highlighted in the article below AMQ's B26 drilling shows high grades (34m at 3% copper) & improved mineralization findings compared to historical data. The author also notes support from investors like Billionaire Mining investor Frank Giustra.
https://www.northernminer.com/news/abitibi-metals-drills-3-5-copper-in-quebec/1003864470/
Resulting in almost 4x the average volume and a 20% jump, AMQ announced today they have commenced trading on the OTCQB under AMQFF, received DTC eligibility and commenced trading on multiple German Stock Exchanges under WKN: A3EWQ3 - https://www.reddit.com/r/wallstreetbets2/comments/1b2k9tb/abitibi_metals_amqc_amqff_with_almost_4x_the/
Interesting article on how $AMQ plans to unlock shareholder value in 2024. With a $10 million exploration budget, AMQ aims to expand drilling operations at its B26 Polymetallic Copper Deposit (resource est = 6.97 Mt at 2.94% Cu Eq indicated).
https://lykshares.com/post/how-is-abitibi-metals-planning-to-unlock-sharehold/c143d56e-cc27-4dba-a0ed-950d21ced012/
Insightful read on the case for copper mining companies that highlights a copper junior sitting on a 7MT 2.94% CuEq project in Quebec: https://www.reddit.com/r/Commodities/comments/1b1hsw2/the_case_for_copper_mining_companies_abitibi/
Great update from Abitibi Metals (AMQ.c AMQFF) CEO Jon Deluce on its drill program that's currently underway at the B26 Polymetallic Deposit:
AMQ.c CEO Deluce on the advancing drill program at their B26 Polymetallic Deposit. 14 holes are completed w/ 4,275m drilled across 3 targets. AMQ's main goal is to increase near-surface tonnage + Deluce is considering adding a third drill
Resulting in over double the average volume in less than two hours of the market opening, AMQ provided an update on the currently underway drill program at theB26 Polymetallic Deposit today: https://www.newswire.ca/news-releases/abitibi-metals-provides-drill-program-update-at-the-high-grade-b26-polymetallic-deposit-ind-7-0mt-2-94-cu-eq-amp-inf-4-4mt-2-97-cu-eq--814632225.html
Good breakdown here of investment commentator, B. Sutton's coverage of AMQ.c. He highlights AMQ as a promising venture in mineral exploration due to its strong leadership & strategic projects. Sutton also notes consistent rise in AMQ's stock value, robust buying pressure, and positive reports, indicating strong market support and potential for further growth.Despite risks, he's optimistic, advising cautious entry.
https://www.reddit.com/r/Miningstocks/comments/1avyh9o/unveiling_the_potential_abitibi_metals_corp/
Interesting opinion piece highlighting AMQ's strong finances, insider ownership, market interest and overall potential in the canadian mining industry
https://braydensutton.substack.com/p/a-canadian-mining-story-unfolding
Must read deep dive on a "Potential Once-in-a-Decade Canadian Mining Story Unfolding in Real Time" amid the hunt for critical metals: https://braydensutton.substack.com/p/a-canadian-mining-story-unfolding
Insightful post on Canada's intention to accelerate critical mineral mining with an improved permitting process and the necessary to accelerate its energy transition for economic security that highlights AMQ: https://www.reddit.com/r/CanadianStockExchange/comments/1asiqvw/canada_must_accelerate_energy_transition_for/
Interesting post here highlighting a proposed plan in Canada to expedite critical mineral mining permitting, targeting minerals crucial for EVs like copper and lithium. It also highlights AMQ.c and how it recently deployed a 2nd drill to its B26 Polymetallic/Copper Deposit
https://www.reddit.com/r/Canadapennystocks/comments/1aqy433/canadas_minister_of_energy_announces_intention_to/
With Canada's intent to accelerate critical mineral mining, the sector is about to receive a major boost, further solidifying my pick in AMQ as they're on track to uncover hundreds of millions of pounds of copper in Canada's Abitibi Greenstone Belt: https://www.reddit.com/r/MoonBets/comments/1aq5gl0/accelerated_drill_program_at_b26_copper_deposit/
Canada's Minister of Energy and Natural Resources is looking to make permitting for critical mineral production easier.
https://www.reuters.com/markets/commodities/canada-accelerate-critical-mineral-mining-energy-minister-2024-02-13/
Must watch Twitter Spaces from Doc Jones Resource Investor and Abitibi Metals (AMQ.c AMQFF) CEO Jon Deluce regarding the company's B26 Copper Deposit, resource potential, market position and more:
— Doc Jones Resource Investor (@drjimjonesceo) February 13, 2024
AMQ's CEO joined Investing Influencer Doc Jones in a Twitter Space today, spotlighting the company's robust financials, promising resource potential, and how it is potentially undervalued considering the potential value of its B26 polymetallic/copper deposit.
Full replay here:
— Doc Jones Resource Investor (@drjimjonesceo) February 13, 2024
Jonathan Deluce, CEO of Abitibi Metals Corp., discusses strategic advancements and dedication to exploration properties in Quebec. With over 50% insider ownership, the company aims to navigate market challenges while prioritizing shareholder interests.
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