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Copper and gold are at pivotal points right now, and the market's dynamics are evolving rapidly.
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Copper has resumed its climb back towards $5.00/lb., and gold has broken the $3,000/oz. mark.
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While copper has recently faced some headwinds in response to growth risks in key markets like China, UBS projects that “any pullback in copper prices is not expected to be long-lasting.”[ii] Copper is still projected to see long-term price growth resulting from a combination of the electrification trend on the demand side and a bottleneck for new mines on supply side.
In gold’s case, record-high prices owe to the prospects of inflation from tariffs, concerns about U.S. debt levels...and central banks buying gold hand-over-fist, with little regard to the price.
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With market winds at these metals’ backs, the question investors have now is how to play it.
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Well, one undervalued junior mining stock, Abitibi Metals (AMQ.CN; AMQFF.OTC) offers a premier way to bet on the powerful bull trends in both copper and gold.
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That’s because it is earning an 80% interest in the advanced B26 polymetallic project in Quebec’s portion of the famed Abitibi Greenstone Belt.
That project has been operated by SOQUEM, a corporation of the Quebec provincial government, since discovery.
But, as you’re about to see — in just the past year since it signed an earn-in agreement with SOQUEM on B26 — Abitibi Metals has added tremendous value to the project.
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And the market has yet to realize that there’s much more to come: An aggressive, 20,000-meter drill program could dramatically improve the already-significant value of B26 in the days ahead.
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In short: This is a great time to take a close look at Abitibi Metals.
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All The Advantages And Potential
Of The Abitibi Greenstone Belt
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The Abitibi Greenstone Belt straddling Quebec and Ontario is one of the best places in the world to discover and develop a mine.
And B26 is smack dab in the middle of it.
Consider that the belt has produced more than 200 million ounces of gold since 1901 and has seen more than $12 billion in M&A activity over just the last 10 years.
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B26’s location on the Quebec side of the Abitibi Greenstone Belt gives it easy access to infrastructure.
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Better still, B26’s volcanic massive sulphide (“VMS”) polymetallic deposit lies just south of BHP’s past-producing Selbaie Mine, which generated 53 million tonnes of 0.96% copper, 1.90% zinc, 0.58 g/t gold and 40.7 g/t silver over its life.
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Though currently smaller than Selbaie before the upcoming drill program, B26 boasts significantly higher copper grades.
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B26’s recently updated resource update shows an indicated resource of 11.3 million tonnes of 2.13% copper equivalent (1.23% copper, 1.27% zinc, 0.46 g/t gold and 31.6 g/t silver) and an inferred resource of 7.2 million tonnes of 2.21% copper equivalent (1.56% copper, 0.17% zinc, 0.87 g/t gold and 7.4 g/t silver).
The updated global resource consists of over 550 million pounds of copper and 370,000 ounces of gold (308 million pounds of copper and 168,000 ounces of gold in indicated resources, plus 246 million pounds of copper and 200,000 ounces of gold in inferred resources).
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Major Growth Already
From Last Year’s Drilling
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Those totals represent a dramatic 63% increase in resources, from 13,500 meters (Phase 1) of drilling at B26 by Abitibi Metals in 2024. The Phase 2, 16,500-meter drill program was not included in the resource update and represents further upside.
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That drilling program was highlighted by near-surface results of 2.5% copper equivalent over 61.3 meters, 3.9% copper equivalent over 21.8 meters and 2.68% copper equivalent over 25.5 meters.
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Those are extraordinary grades and widths.
In addition, the Eastern Strike Extension of the Main zone at B26 returned 1.78% copper equivalent over a remarkable 57.2 meters. The program also managed to extend B26’s High-Grade zone with a batch of holes that included 11.4% copper equivalent over 10.6 meters.
Again, these are fantastic copper grades over significant widths, and they have helped to quickly grow the resource at B26, which has now been defined by 129,184 meters of drilling within 298 holes.
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Fully Funded For
Even More Growth
In The Months Ahead
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Looking ahead, Abitibi Metals enters the 2025 exploration season with a fat treasury — C$19 million in cash — more than enough money to fund the major 20,000-meter program planned there.
This strong cash position not only funds the company in 2025, it provides funding through 2027, giving Abitibi Metals a clear runway to deliver value for shareholders — particularly through the potential addition of copper and gold tonnage to this high-grade resource.
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This year’s program will focus on further defining B26’s High-Grade zone...expanding its overall footprint and tonnage...and property-wide exploration for new high-grade zones.
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They won’t be looking for needles in a haystack — the property features extensive historic drilling evidence and exciting, recently uncovered gravity anomalies.
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Another obvious area for potentially significant growth is simply following the resources to depth at B26, where mineralization has so far been outlined only down to 1,000 meters.
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For comparison, some of the nearby large-scale polymetallic deposits in the Abitibi extend to more than 3,000 meters depth. With the B26 deposit having a surface strike-length of 1.6 kilometers and drilled down to 900 meters in depth, there is the potential for it to be a much larger deposit.
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Plus:
A High-Grade Gold Project
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In addition to the gold content of B26, Abitibi Metals also boasts gold-only potential at its Beschefer property located just northeast of B26.
Beschefer has produced uber-high-grade gold intercepts like 55.6 g/t gold over 5.57 meters and 13.1 g/t gold over 8.75 meters.
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Abitibi Metals’ Beschefer gold project lies close to its flagship B26 project and gives the company even more gold upside.
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The property is at an earlier stage than B26, but long-term, it gives the company the considerable upside potential of a classic high-grade Abitibi gold mine.
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B26’s Gold Grade Sets The Standard Among North American Copper Deposits
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When it comes to copper projects with meaningful gold credits, grade matters — and it is here that Abitibi Metals’ B26 project also stands at the top of the pack.
The chart below highlights the gold grade (g/t) of key copper deposits across North America. B26 leads this field with 0.62 g/t gold, outperforming well-known assets like Chu Chua (0.50 g/t), Bull River (0.42 g/t), and even McIlvenna Bay (0.39 g/t).
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B26’s higher grades set it apart from other North American copper deposits.
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This is more than just a statistical edge — it’s a strategic advantage.
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In a world where copper demand is rising and gold continues to assert itself as the preferred safe-haven asset, B26’s rare combination of scale and grade positions it as one of the most attractive polymetallic projects in a Tier-1 jurisdiction.
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With a major drill program about to begin and strong cash reserves into 2027, the stage is set.
The time to look at Abitibi Metals is now. Click on the link below to get all the details.
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CLICK HERE
To Learn More about Abitibi Metals Corp.
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