Abitibi Metals Corp CEO Jonathon Deluce announced the company's first comprehensive 3D geological model for the B26 Polymetallic Deposit in Quebec, marking a significant milestone following the company's entry into an option agreement with SOQUEM Inc. Through this agreement, Abitibi Metals Corp aims to earn an 80% interest in the B26 Polymetallic Deposit over a seven-year period. The newly developed 3D geological model represents a substantial advancement in understanding the geological controls of mineralization within the B26 Deposit, which is expected to enhance confidence in mineral potential evaluation and improve ongoing drill planning initiatives.
The model reveals that the deposit footprint extends along a strike length of 1.6 kilometers by 0.8 kilometers at depth, occupying a corridor approximately 150 meters in width. Using Oasis montaj grade modeling, section-to-section interpretation, and insights from Phase 1 drilling observations, Abitibi Metals Corp has identified high-priority expansion targets and trends both within and outside the main deposit area. These targets are scheduled for drilling in the second and third quarters of the year, with the company currently finalizing plans for these exploration activities.
Beyond advancing exploration efforts, the company plans to further refine the 3D geological model as new results become available from assays of over 30 holes from its Phase 1 drill program. This iterative approach demonstrates Abitibi Metals Corp's commitment to leveraging cutting-edge geological modeling techniques to maximize the value of its exploration assets. As the company continues to execute its exploration strategy at the B26 Polymetallic Deposit, stakeholders can expect further updates on drilling progress, assay results, and ongoing refinement of the geological model.
The development of this comprehensive geological model positions Abitibi Metals Corp to better understand the deposit's potential and optimize exploration activities. With a clear focus on unlocking the full potential of its mineral assets, the company remains well-positioned to drive value in the dynamic resource exploration sector. The B26 Polymetallic Deposit represents a significant opportunity for mineral development in Quebec, and the advanced modeling techniques employed by Abitibi Metals Corp could set new standards for exploration efficiency and accuracy in the mining industry.
