Abitibi Metals Extends B26 Mineralization & Increases Grade: Reports 3.65% CuEq Over 21.1m Within Interval of 1.55% CuEq Over 69.0m

Executive Summary

• Abitibi Metals Corp. announced significant high-grade drill results from its Phase 3 program at the B26 Polymetallic Deposit, highlighting strong gold credits and step-out expansions beyond the current resource boundary.
• Hole 1274-17-269W3 intercepted 21.1 meters at 3.65% CuEq (2.67% Cu, 1.14 g/t Au), validating grade and width increases at depth and supporting the high-grade growth potential of the western plunge.
• Step-out drilling confirmed economic-grade mineralization beyond the 2024 resource model, with Hole 1274-17-269W1b extending 40 meters and Hole 1274-17-269W2b extending 100 meters from the current block model.
• The company has completed 9,060 meters of the 17,500-meter Phase 3 program, with remaining drilling scheduled for completion by the end of November 2025.

Key Details

• Hole 1274-17-269W3: Intercepted 21.1 meters at 3.65% CuEq (2.67% Cu, 1.14 g/t Au) within a broader interval of 69.0 meters at 1.55% CuEq, starting at 932 meters depth. This is described as one of the strongest results in the western plunge to date.
• Hole 1274-17-269W1b: Intercepted 10.0 meters at 3.41% CuEq (3.04% Cu, 0.39 g/t Au) within 37.6 meters at 1.12% CuEq, starting at 982.4 meters depth. This represents a 40-meter step-out from the 2024 resource boundary.
• Hole 1274-17-269W2b: Intercepted 2.0 meters at 3.25% CuEq (3.10% Cu, 0.14 g/t Au) and 4.0 meters at 1.98% CuEq (1.90% Cu, 0.07 g/t Au) within 31.0 meters at 1.01% CuEq, starting at 1,140 meters depth. This represents a 100-meter step-out from the resource boundary.
• Hole 1274-25-367: Intercepted 2.0 meters at 1.91% CuEq (1.61% Cu, 0.30 g/t Au) starting at 500 meters depth.
• Hole 1274-25-368: Intercepted 7.0 meters at 1.09% CuEq (0.68% Cu, 0.22 g/t Au) within an interval including 2.05 meters at 3.45% CuEq (2.22% Cu, 0.72 g/t Au) starting at 669 meters depth.
• Current Resource Estimate: The B26 Deposit currently hosts a resource of 11.3 million tonnes (MT) at 2.13% CuEq (Indicated: 1.23% Cu, 1.27% Zn, 0.46 g/t Au, 31.9 g/t Ag) and 7.2 MT at 2.21% CuEq (Inferred: 1.56% Cu, 0.17% Zn, 0.87 g/t Au, 7.4 g/t Ag).
• Drilling Progress: 9,060 meters completed of the 17,500-meter Phase 3 program; 8,440 meters remaining, expected to be completed by the end of November 2025.
• Future Plans: The company is fully funded through Q1 2027 and has budgeted approximately 25,000 additional meters for Phase 4 drilling in 2026.
• Copper Equivalent Calculation: Based on metal prices of $4.00/lb Cu, $1.50/lb Zn, $20.00/oz Ag, and $2,500/oz Au, with recovery factors of 98.3% for Cu, 90.0% for Au, 96.1% for Zn, and 72.1% for Ag.

Notable Quotes

• "We are very pleased with the progress of the Phase 3 drill program... These results highlight two key wins for Abitibi Metals - step-out drilling continues to extend B26's footprint beyond the current resource with excellent high-grade intercepts, while infill drilling is delivering higher grades that strengthen the core of the deposit. Together, this confirms both the growth potential and quality of B26 as we advance it toward becoming one of the most significant critical-minerals projects in the Abitibi." — Jonathon Deluce, CEO