XXIX Begins Drilling at Opemiska's Saddle Zone
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 ha avviato un importante programma di perforazione di 20 fori nella Saddle Zone all'interno della miniera a cielo aperto di Opemiska. Il programma si basa su precedenti perforazioni esplorative di successo che hanno prodotto un'impressionante intersezione equivalente a 5,94% di rame su 11 metri. Questa iniziativa strategica di perforazione mira ad espandere la risorsa di rame ad alta legge di Opemiska, come delineato nella Stima delle Risorse Minerarie 2024, con l'obiettivo di convertire rifiuti in minerale, aggiungere una zona estraibile e aumentare il tonnellaggio.
XXIX Metal Corp ha iniciado un importante programa de perforación de 20 agujeros en la Saddle Zone dentro de la mina a cielo abierto de Opemiska. El programa se basa en perforaciones exploratorias previas exitosas que lograron una impresionante intersección equivalente a 5.94% de cobre sobre 11 metros. Esta iniciativa estratégica de perforación tiene como objetivo expandir el recurso de cobre de alta ley en Opemiska, como se detalla en la Estimación de Recursos Minerales 2024, con el propósito de convertir desechos en mineral, añadir una zona explotable y aumentar el tonelaje.
XXIX Metal Corp는 Opemiska의 Saddle Zone 내에서 20개의 구멍을 뚫는 중요한 드릴 프로그램을 시작했습니다. 이 프로그램은 11미터에 걸쳐 인상적인 5.94% 구리 등가 교차점을 산출한 이전의 성공적인 탐사 드릴링을 바탕으로 하고 있습니다. 이 전략적 드릴링 이니셔티브는 2024년 광물 자원 추정에서 설명된 대로 Opemiska의 고급 구리 자원을 확장하는 것을 목표로 하며, 폐기물을 광석으로 전환하고, 채굴 가능한 구역을 추가하며, 톤수를 증가시키는 것을 목표로 하고 있습니다.
XXIX Metal Corp a lancé un programme de forage significatif de 20 trous dans la Saddle Zone au sein de la mine à ciel ouvert d'Opemiska. Le programme s'appuie sur des forages d'exploration précédents qui ont donné lieu à une intersection équivalente en cuivre de 5,94% sur 11 mètres. Cette initiative stratégique de forage vise à étendre la ressource en cuivre de haute qualité à Opemiska, comme décrit dans l'Estimation des Ressources Minérales 2024, avec pour objectifs de convertir les déchets en minerai, d'ajouter une zone exploitable et d'augmenter le tonnage.
XXIX Metal Corp hat ein bedeutendes Bohrprogramm mit 20 Löchern in der Saddle Zone innerhalb des Opemiska-Tagebaus gestartet. Das Programm baut auf vorherigen erfolgreichen Erkundungsbohrungen auf, die eine beeindruckende 5,94% Kupferäquivalent-Intersektion über 11 Meter ergaben. Diese strategische Bohrinitiative zielt darauf ab, die hochgradige Kupferressource in Opemiska zu erweitern, wie in der Mineralressourcenschätzung 2024 dargelegt, mit dem Ziel, Abfälle in Erz umzuwandeln, eine abbaubare Zone hinzuzufügen und die Tonnage zu erhöhen.
- High-grade copper intersection of 5.94% Cu Eq over 11m
- 20-hole expansion drilling program commenced
- Potential to convert waste to ore and increase resource
- None.
Highlights
- XXIX has commenced its 20-Hole Drill Program at Saddle Zone aiming to expand Opemiska's high-grade copper resource.
- Drill program is following up on its
5.94% Copper Over 11m intersection at the Saddle Zone. - Aim to convert waste to ore, add a minable zone, and increase tonnage
Toronto, Ontario--(Newsfile Corp. - February 26, 2025) - XXIX Metal Corp. (TSXV: XXIX) (OTCQB: QCCUF) (FSE: 5LW0) ("XXIX" or the "Company") is pleased to announce that it has commenced its 20-hole drill program at the Saddle Zone, a key target within the Opemiska open pit.
This drill program follows up on the success of the initial scout drilling at the Saddle Zone, which saw an impressive intersection of
About XXIX Metal Corp.
XXIX is advancing its Opemiska and Thierry Copper projects, two significant Canadian copper assets. The Opemiska Project, Canada's highest-grade copper resource, spans 13,000 hectares in Quebec's Chapais-Chibougamau region, with strong infrastructure and nearby access to the Horne Smelter. A January 2024 resource update reported a
QP Statement
The technical information contained in this news release has been reviewed and approved by Denis McNichols, P.Geo and géo., Exploration Manager for XXIX Metal, a Qualified Person, as defined in "National Instrument 43-101, Standards of Disclosure for Mineral Projects
For further information, please contact:
Stephen Stewart, Chief Executive Officer
Phone: 416.644.1567
Email: info@oregroup.ca
Forward Looking Statements
This news release contains forward-looking statements. When used in this document, the words "may", "would", "could", "will", "intend", "plan", "anticipate", "believe", "seek", "propose", "estimate", "expect", and similar expressions are intended to identify forward-looking statements. Such statements reflect the Company's current views with respect to future events and are subject to certain risks, uncertainties and assumptions. Many factors could cause the Company's actual results, performance or achievements to vary from those described in this news release. Should one or more of these risks or uncertainties materialize, or should assumptions underlying forward-looking statements prove incorrect, actual results may vary materially from those described in this news release as intended, planned, anticipated, believed, estimated or expected. Specific forward-looking statements in this news release include, but are not limited to, statements pertaining to the commencement of trading of the Common Shares on the TSXV under the new name and new stock ticker. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of the risk factors set forth above and elsewhere in this news release. The forward-looking statements contained in this news release are expressly qualified in their entirety by this cautionary statement. These statements are given only as of the date of this news release. The Company does not assume any obligation to update these forward-looking statements to reflect new information, subsequent events or otherwise, except as required by law.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/242395
FAQ
What are the key objectives of XXIX's new drilling program at the Saddle Zone (QCCUF)?
What was the significant copper intersection discovered in XXIX's initial scout drilling at Saddle Zone?
How many drill holes are planned in XXIX's current Saddle Zone program?
When did XXIX Metal Corp (QCCUF) announce their new interpretation of Saddle Zone mineralization?
