|
As North America undergoes a manufacturing renaissance, copper has
become an essential resource for building the infrastructure and
technologies of tomorrow.
This surge in global demand has driven copper prices to new heights,
with projections showing a 70% increase in copper demand by 2050. According
to BHP, over $250 billion will need to be invested in copper exploration
and production over the next decade to meet this growing need.
Abitibi Metals Corp. (OTCQB: AMQFF, CSE:
AMQ) is strategically positioned to capitalize on this
evolving market, with projects located in the heart of Canada's
mineral-rich Abitibi Belt.
The company's flagship B26 polymetallic deposit is rich in copper,
gold, silver, and zinc, with drilling results confirming significant growth
potential.
With an asset base of over 18 million tons of high-grade materials -
including more than 550 million pounds of copper and 370,000 ounces of gold
- B26 stands as a cornerstone for Abitibi's future development.
Plus, recent resource updates reveal a 62% increase in indicated and
a 63% increase in inferred resources, underscoring the deposit's robust
potential.
Abitibi just announced the launch of
an ambitious Phase 3 drilling program of up to 20,000 meters, aimed at
expanding the deposit and uncovering new, standalone discoveries. Fully
funded with over CAD 18 million in cash reserves, these exploration plans
are set to drive substantial growth in the years ahead.
Learn more about how Abitibi Metals Corp.
(OTCQB:AMQFF, CSE:AMQ) is positioned to capitalize
on the growing demand for copper and gold.
|