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 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. Utilizing 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.
The company 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 Abitibi Metals Corp's commitment to leveraging advanced 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, further updates on drilling progress, assay results, and ongoing refinement of the geological model are anticipated.
The development of this comprehensive geological model is particularly important because it provides a more detailed understanding of the deposit's structure and mineralization patterns, which could lead to more efficient and targeted exploration efforts. This technological advancement in geological modeling represents a significant step forward in mineral exploration methodology, potentially setting new standards for how mining companies approach resource evaluation and development planning in complex geological environments.
