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QC Copper and Gold Inc. (QCCUF) is a Toronto-based company engaged in the exploration and development of mineral resource properties, with a focus on copper and gold. The company is currently conducting a drill program at the historic Cooke and Robitaille Mines, part of the Opemiska Copper Mine Complex. Leveraging its extensive land package and strategic positioning, QC Copper aims to define additional near-surface mineralization in these promising areas. With a comprehensive 2024 drill program planned, the company is committed to unlocking the full potential of its properties and delivering value to stakeholders.
XXIX Metal Corp has initiated a significant 20-hole drill program at the Saddle Zone within the Opemiska open pit. The program builds on previous successful scout drilling that yielded an impressive 5.94% Copper Equivalent intersection over 11 metres. This strategic drilling initiative aims to expand the high-grade copper resource at Opemiska, as outlined in the 2024 Mineral Resource Estimate, with objectives to convert waste to ore, add a minable zone, and increase tonnage.
XXIX Metal Corp has completed a comprehensive data validation and reinterpretation of its Thierry Project, resulting in a new geological model for the K1 deposit. The K1 deposit contains an estimated 53.6M tonnes grading 0.38% copper, 0.10% nickel, and various precious metals.
Key characteristics of K1 include surface mineralization extending to 400m depth, a 1.2km strike length, and width up to 260m with a 50-55° dip. The model now incorporates 15 previously excluded drill holes. The K2 deposit, hosting 23.7M tonnes at 1.64% copper and other metals, is undergoing similar validation.
The project features strong infrastructure including rail and power access near Pickle Lake, Ontario. Preliminary geophysical evidence suggests a potential mineralized corridor between K1 and K2 deposits, representing a significant exploration opportunity.
XXIX Metal Corp announces a 20-hole drill program at the Saddle Zone within the Opemiska open pit, following a significant intersection of 5.94% Copper Equivalent over 11 metres discovered in January 2025. The program aims to expand the project's high-grade copper resource, building upon the 2024 Mineral Resource Estimate which includes Measured & Indicated Resources of 2.09 billion lbs of copper equivalent in 97.5 million tonnes.
The Saddle Zone, located between Perry and Springer Zones, shows potential for resource expansion through converting current waste material into ore. The drilling program is strategically planned before commissioning a Preliminary Economic Assessment (PEA), as results could significantly enhance the project's engineering and economics. The program will investigate a structurally controlled, mineralized envelope within a northwest trending fault, with drilling expected to commence in February 2025.
XXIX Metal Corp (OTCQB: QCCUF) has outlined its strategic goals for 2025, focusing on advancing its two main copper projects. At Opemiska Project in Quebec, the company plans a 3,400-meter drill program in the Saddle Zone starting February, following a completed scoping study in 2024. The project includes work on Cooke and Robitaille Zones, with drilling at Cooke expected in Q2.
At the Thierry Project in Ontario, XXIX has completed revalidation of the K1 deposit, revealing mineralization up to 230 meters wide, extending 1.2 kilometres along strike. The company plans 100km of IP surveys and a drill program for an updated Mineral Resource Estimation. The K2 deposit revalidation is ongoing, with historical reports of 23.7 Mt at 1.64% Cu. The company is also evaluating the Roger Gold Project, which has 330,000 ounces of indicated equivalent gold ounces and 202,000 inferred equivalent gold ounces.
CEO.CA Technologies , a subsidiary of EarthLabs, Inc., hosted an exclusive interview with Stephen Stewart, CEO of XXIX Metal Corp., through their 'Inside the Boardroom' series. The interview focused on a significant new discovery at the company's Opemiska copper project, where recent drilling revealed impressive results of 6% copper equivalent over 11 meters in the Saddle Zone.
CEO.CA, established in 2012, serves as a leading investor social network specializing in junior resource and venture stocks. The platform attracts millions of visitors annually, offering free access to financial information and facilitating investor connections globally.
XXIX Metal Corp has announced its listing on the Frankfurt Stock Exchange (FSE) under the ticker symbol '5LW0'. The company, which is already listed on TSXV and OTCQB markets, expands its presence to Europe's largest trading center. The FSE, operated by Deutsche Borse AG, represents Germany's largest stock exchange. According to CEO Stephen Stewart, this listing will make XXIX more accessible to European investors interested in Canadian copper developers.
XXIX Metal Corp has announced significant drill results from its 3-hole program at the Saddle Zone, located between the past-producing Springer and Perry mines at the Opemiska project. The highlight intersection includes 11 metres of 5.3% Cu and 1.20 g/t Au from 81 metres in hole OPM-24-281.
The Saddle Zone, currently part of Opemiska's conceptual open pit outlined in the January 2024 Mineral Resource Estimate, is relatively underexplored and features differently oriented veins compared to Springer and Perry. The recent drilling results support the company's new geological thesis, indicating potential for resource expansion.
The results suggest a structurally controlled, mineralized envelope within a north-west trending fault. This new interpretation represents potential upside to Opemiska's current resource model by potentially converting previously interpreted waste into ore. The company plans a larger drill program to further confirm the vein orientation in the Saddle Zone.
XXIX Metal Corp has completed the acquisition of the remaining 50% ownership in the Roger Gold-Copper Project in Chibougamau, Quebec, achieving 100% ownership. The project spans 987 hectares and is located 5km from Chibougamau's historic mining center, with easy access and power infrastructure.
The Roger Project features a NI 43-101 compliant resource with Indicated Resources of 10.9M tonnes at 0.85 g/t gold (297,000 oz) and Inferred Resources of 6.57M tonnes at 0.75 g/t gold (159,000 oz). The acquisition terms include an initial payment of $75,000 and future share-based payments totaling $1.6M over four years. XXIX has also granted SOQUEM a 2% NSR, which can be repurchased in two 1% tranches for $1.5M and $3M respectively.
XXIX Metal Corp (TSXV: XXIX, OTCQB: QCCUF) announced that effective December 11, 2024, its common shares will trade under the new ticker symbol 'XXIX' on the TSX Venture Exchange, changing from 'QCCU'. The ticker change reflects the company's rebranding following its acquisition of Cuprum Corp and its Thierry copper project in Pickle Lake, Ontario. The change includes new CUSIP (901320101) and ISIN (CA9013201012) numbers. No action is required from shareholders regarding this change.
CEO Stephen Stewart highlighted that with the acquisition and rebranding complete, XXIX aims to develop both Opemiska and Thierry projects, positioning the company as one of Eastern Canada's largest copper developers.
XXIX Metal Corp (TSXV: QCCU) (OTCQB: QCCUF) has completed the acquisition of Cuprum Corp in an all-share transaction, establishing itself as one of Eastern Canada's largest copper resource developers. The deal includes Cuprum's 100% owned Thierry Copper Project, complementing XXIX's existing Opemiska project. The company issued 83,906,251 common shares at a price of $0.13 per share, with a 1.1538 exchange ratio for each Cuprum share.
As part of the transaction, the company has rebranded from QC Copper and Gold to XXIX Metal Corp, with trading under the new ticker symbol 'XXIX' set to commence on December 11, 2024. Following the acquisition, XXIX has 258,277,607 common shares outstanding.