Abitibi Metals Corp has unveiled its 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 significantly enhance confidence in mineral potential evaluation and refine 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. This comprehensive modeling effort utilized Oasis montaj grade modeling, section-to-section interpretation, and insights gained from Phase 1 drilling observations. The sophisticated approach has enabled the identification of high-priority expansion targets and trends both within and outside the main deposit area, providing clear direction for future exploration activities.
These newly identified targets are scheduled for drilling in the second and third quarters of the year, with the company currently finalizing its plans for these upcoming activities. The strategic timing allows Abitibi Metals Corp to capitalize on the insights gained from the 3D model while maintaining momentum in its exploration program. The company's commitment to continuous improvement is further demonstrated by its plan to refine the 3D geological model as new results become available from over 30 holes from its Phase 1 drill program.
This iterative approach to geological modeling underscores Abitibi Metals Corp's dedication to leveraging cutting-edge techniques to maximize the value of its exploration assets. The company's focus on advanced geological modeling represents a modern approach to resource exploration, combining traditional geological knowledge with contemporary technological capabilities. As exploration continues at the B26 Polymetallic Deposit, the refined understanding provided by the 3D model is expected to guide efficient resource development and potentially enhance shareholder value through targeted exploration success.
