12:24 PM EDT, 06/24/2025 (MT Newswires) -- Abitibi Metals ( AMQFF ) Tuesday released assay results from four holes as part of its Phase III drill program at the B26 Polymetallic Deposit in central Quebec.

According to a company statement, a total of 2,522 meters have been drilled as part of 20,000-meter program, with the remaining 17,500 meters set to start with all necessary permits received and both equipment and technical crews already on site.

Best results from the initial holes included 4.8% copper equivalent over 4.1 meters and 2.13% copper equivalent over 11 meters.

"We are very encouraged by these positive initial results from the Phase III drill program," said CEO Jonathon Deluce. "This supports both the continuity and predictability of the deposit."

Abitibi Metals ( AMQFF ) shares were last seen down $0.005 to $0.24 on the Canadian Securities Exchange.

Price: 0.24, Change: -0.01, Percent Change: -2.08