Abitibi Metals Corp Unveils Comprehensive 3D Geological Model for B26 Polymetallic Deposit

TL;DR

Abitibi Metals Corp aims to earn an 80% interest in the B26 Polymetallic Deposit over seven years, giving them a strong competitive advantage.

The newly developed 3D geological model for the B26 Polymetallic Deposit will bolster confidence in mineral potential evaluation and refine ongoing drill planning initiatives.

The 3D geological model will make tomorrow better by unlocking the full potential of mineral assets, driving value for shareholders in the resource exploration sector.

The 3D geological model represents a significant advancement in understanding the geological controls of mineralization within the B26 Deposit, a fascinating development in the exploration field.

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Abitibi Metals Corp Unveils Comprehensive 3D Geological Model for B26 Polymetallic Deposit

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.

According to the detailed model, 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. The company utilized Oasis montaj grade modeling, section-to-section interpretation, and insights from Phase 1 drilling observations to develop this comprehensive geological framework. This sophisticated modeling approach has enabled Abitibi Metals Corp to identify high-priority expansion targets and trends both within and outside the main deposit area, providing clear direction for future exploration activities.

The identified high-priority 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 immediate drilling plans, Abitibi Metals Corp intends 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 the company's commitment to leveraging advanced geological modeling techniques to maximize the value of its exploration assets and optimize resource identification.

The development of this comprehensive geological model represents a crucial step in Abitibi Metals Corp's exploration strategy at the B26 Polymetallic Deposit. The model's detailed insights into mineralization controls and deposit geometry provide valuable information for targeting future drilling campaigns and assessing the full potential of the mineral asset. As the company continues to execute its exploration strategy, the refined understanding of the deposit's geological characteristics positions Abitibi Metals Corp to make informed decisions about resource development and potential economic evaluation of the B26 Polymetallic Deposit.

Curated from News Direct

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