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Gold 3,885.30 −2.9% Silver 50.06 −3.7% Copper 6.19 −1.5% Oil 88.70 +2.5% Palladium 992.00 −5.2% SEA 35.00 −3.2% GLO 0.300 −6.2% WM 1.42 −2.1% MFG 3.25 −4.7% RAGE 0.295 +0.0% DPM 50.56 −4.2% ARIS 21.08 −4.7% AUEN 0.170 +6.2% FCI 0.540 −1.8% SLI 1.98 −5.3% COCO 0.350 −4.1% BCU 0.060 +0.0% BGF 0.025 +0.0% TDG 0.710 +44.9% PRU 6.04 −4.1% NGEX 21.01 −5.2% Gold 3,885.30 −2.9% Silver 50.06 −3.7% Copper 6.19 −1.5% Oil 88.70 +2.5% Palladium 992.00 −5.2% SEA 35.00 −3.2% GLO 0.300 −6.2% WM 1.42 −2.1% MFG 3.25 −4.7% RAGE 0.295 +0.0% DPM 50.56 −4.2% ARIS 21.08 −4.7% AUEN 0.170 +6.2% FCI 0.540 −1.8% SLI 1.98 −5.3% COCO 0.350 −4.1% BCU 0.060 +0.0% BGF 0.025 +0.0% TDG 0.710 +44.9% PRU 6.04 −4.1% NGEX 21.01 −5.2%
Financings

Abitibi Metals Issues Year-End Shareholder Letter as Copper Hits Record Highs

By The Northwire Desk — AI Analysis Dec 31, 2025 · 07:02 AMQ · 0.405 Abitibi Metals Corp.
AMQ · Price

Executive Summary

  • Abitibi Metals raised C$16.1 million in warrant‑free bought‑deal financings, fully funding a 40,000+ m drill program for 2026.
  • The company secured a 50% interest in the high‑grade B26 Copper‑Gold Project (with an option to increase to 80%) and achieved 100% ownership of the Beschefer Gold Project.
  • Record drilling results were reported, highlighted by a 17.91 % CuEq intercept over 6.3 m (13.48 % Cu, 5.15 g/t Au) and step‑out holes confirming strong lateral continuity.

Key Details

  • Financing: Completed multiple bought‑deal financings culminating in an upsized raise of C$16.1 M; no warrants issued; proceeds allocated to aggressive exploration program and balance‑sheet strengthening.
  • Ownership Changes: Acquired 50% stake in B26 with a clear path to 80%; attained 100% ownership of Beschefer Gold Project; consolidated additional land positions in the district.
  • Drilling Highlights – B26 (2025):
  • Hole #? – 17.91 % CuEq (13.48 % Cu, 5.15 g/t Au) over 6.3 m within a 19.5‑m interval of 6.93 % CuEq.
  • Step‑out hole – 3.93 % CuEq over 11.0 m confirming lateral continuity.
  • Exploration Program: Completed 21,828 m of Phase 3 drilling; Phase 4 planned for Jan 2026 with >40,000 m targeted. New regional targets identified; first regional drill program slated for Q1 2026.
  • Resource Estimates (as of Feb 2025 NI 43‑101):
  • Indicated: 11.3 Mt @ 2.13 % CuEq (1.23 % Cu, 1.27 % Zn, 0.46 g/t Au, 31.9 g/t Ag).
  • Inferred: 7.2 Mt @ 2.21 % CuEq (1.56 % Cu, 0.17 % Zn, 0.87 g/t Au, 7.4 g/t Ag).
  • Management Additions: New Vice President of Exploration and EVP appointed; senior management expanded; Craig Parry added to Advisory Board.

Notable Quotes

“We have evolved from an emerging explorer into a technically driven, well‑capitalized copper‑gold growth company…These achievements place Abitibi in a strong position heading into 2026.” – Jon Deluce, CEO

All non‑material boilerplate, forward‑looking statements, and corporate contact information have been omitted for brevity.

Read the original news release →

More from Abitibi Metals Corp.

Jun 11, 2026 · 17:36

100% ownership of B26 and camp‑scale consolidation rights simplify Quebec development path.

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Abitibi Metals Secures 100% Ownership of the B26 Deposit and Establishes a District Scale Consolidation Platform Across the Selbaie Camp

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Financings Apr 23, 2026 · 08:02

Discovery Silver Backs Abitibi’s B26 Expansion Despite Dilutive Financing Terms

Financings