Abitibi Metals Corp. (CSE: AMQ) - Interview
We sit down with Jon Deluce, CEO of Abitibi Metals, for a "First Look" to discuss their copper and gold projects.
INTERVIEWS
Keir Reynolds
7/28/20242 min read
In this episode of the TokStocks Podcast, we sit down with Jon Deluce, CEO of Abitibi Metals Corp. (CSE: AMQ), for a "First Look" to discuss their exciting exploration projects in one of Quebec's mineral-rich regions. With a focus on the B26 Deposit and Beschefer projects, Jon provides insights into their strategic approach, significant drill results, and the potential for substantial resource expansion. The Deluce family office has a lot riding on this venture, with approximately $3 million invested. Strategic investors include industry titans like Frank Giustra and Greg Chamandy, and the advisory team boasts mining experts such as Eric Kallio (Agnico Eagle and Kirkland Lake Gold) and Victor Cantore (Amex Exploration).
Management believes that the B26 Deposit is a standout asset for Abitibi Metals, as it features a historical resource of 6.97 Mt at 2.94% Cu Eq (Indicated) and 4.41 Mt at 2.97% Cu Eq (Inferred) using fairly high cut-offs and much lower metal values. The deposit, which contains significant amounts of copper, zinc, gold, and silver, remains open at depth and laterally. Management believes this asset has the potential to deliver an economic PEA with a minimum defined 20-to-30-million-ton high-grade copper equivalent resource. Abitibi Metals has secured an option to earn up to 80% of the B26 Deposit under favorable terms that they are on track to complete on years early, positioning the company for significant growth.
We're well into the dog days of summer and the market doldrums that we often see. Abitibi's shares have pulled back well off of its year highs and with approximately 18 months of fully funded exploration work and a firming up of copper prices, I'm looking at adding Abitibi to my resource portfolio.
Learn how Abitibi Metals is positioning itself to capitalize on the booming copper and gold markets with their near-term catalysts and experienced management team.
🌐 Learn more about Abitibi Metals Corp.: https://abitibimetals.com/
📈 Download their latest investor presentation: https://abitibimetals.com/investors/#finance-deck
📲 Follow us for more updates: https://x.com/AbitibiMetals
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Chapters for your viewing pleasure:
00:00 - Introduction and Background
00:44 - 60-Second Stock Pitch
02:02 - Funding and Financials
08:03 - Transition to Public Markets
11:18 - Focus on Copper with Gold and Zinc-Silver
13:42 - World-Class Deposit and Resource Update
24:44 - Uncertainty in Valuation
32:17 - Bullish on Copper Price
35:38 - Company Growth and Market Performance
44:24 - Catalysts: Ongoing Drilling and Resource Updates
46:50 - Exploration of Standalone Targets
48:13 - Conclusion and Future Plans
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About Vested One Media:
Vested One Media Inc., owner and host of the TokStocks Podcast, is a financial media company that connects retail investors with market commentary, such as CEO interviews and insights into potential market opportunities. We focus on delivering direct, no-nonsense content aimed at helping retail investors make informed decisions.
Interested in pitching your company to our global network of investors? Reach out to keir@vested.one or visit us online at: https://tokstocks.com
Disclaimer:
We are NOT licensed financial advisors. Our content serves informational purposes only and should NOT be construed as an endorsement or investment recommendation. Some companies featured in our YouTube content and events may compensate us, and we might hold stock in the companies we discuss. Consult with a qualified financial advisor before making any investment decisions.
We have NOT be paid or compensated for this interview and are not receiving compensation of any kind from Abitibi Metals Corp. (CSE: AMQ) but we are shareholders and may look to increase or decrease our position without warning.
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