Abitibi Metals Continues to Expand High-Grade Copper-Gold Mineralization in the Western Down-Plunge, Highlighted by 12.83% CuEq over 5m

Executive Summary

• Abitibi Metals reported a high‑grade copper‑gold intercept of 12.83% CuEq (6.15% Cu, 7.93 g/t Au) over 5 m from hole 1274‑17‑269W6, confirming world‑class grade continuity in the Western Down‑Plunge zone of the B26 Deposit.
• Additional Phase 3 holes (1274‑25‑374W1 & W2) extended mineralization down‑plunge by ~250 m, delivering multiple CuEq intercepts ranging from 0.44% to 2.04%.
• The results support a projected expansion of the high‑grade window (~250 m × 500 m) and underpin the upcoming Phase 4 drill program targeting further westward and depth extensions.

Key Details

• Hole 1274‑17‑269W6 (Western Down‑Plunge):
• 12.83% CuEq (6.15% Cu, 7.93 g/t Au) over 5 m (913–932 m depth).
• Within a broader interval of 3.59% CuEq over 19 m; spot‑price CuEq equivalent = 18.15% CuEq over 5 m.
• Hole 1274‑25‑374W1:
• 2.04% CuEq over 2.0 m (1129–1131 m).
• 1.39% CuEq over 3.0 m (same interval).
• Hole 1274‑25‑374W2:
• 1.34% CuEq over 5.5 m (1141.5–1147 m).
• 1.31% CuEq over 8.6 m (1203.5–1212.1 m).
• Phase 3 Drill Program: 24,544 m completed in 40 holes; three holes pending results.
• Resource Context: Current resource – Indicated 11.3 Mt @ 2.13% CuEq; Inferred 7.2 Mt @ 2.21% CuEq. Results expected to materially increase both tonnage and grade.
• Future Work: Phase 4 drilling underway with two rigs active, a third to start Feb 2026; planned 40,000 m campaign focused on western extension (~160 m west of hole 1274‑25‑373W1).
• Technical Validation: QA/QC performed by AGAT Laboratories; CuEq calculations based on $5.00/lb Cu, $1.35/lb Zn, $48/oz Ag, $3,900/oz Au with recovery factors (Cu 98.3%, Au 90.0%, Zn 96.1%, Ag 72.1%).

Notable Quotes

“These Phase 3 results provide confirmation of the strength, continuity, and scale of the high‑grade Western Down‑Plunge extension at B26… With strong momentum now established, our Phase 4 drill program is underway and fully focused on this priority area as a driver of value creation.” – Jonathon Deluce, CEO, Abitibi Metals Corp.