XXIX Metal Backs Chapais Call to Fast-Track Coordinated Development of Opemiska Copper Project

QC Copper and Gold ( (TSE:XXIX) ) has provided an update.

XXIX Metal Corp. has welcomed a public call from the Town of Chapais for coordinated action among Quebec’s northern development programs and provincial agencies to advance the Opemiska Copper Project. The municipality has emphasized the project’s potential to create jobs, training opportunities, local procurement, and long-term growth, signalling strong alignment at the local level.

The company supports improved coordination across technical, environmental, social, and regulatory processes, arguing that better sequencing of government tools can speed responsible development without weakening oversight. XXIX plans to continue structured engagement with Chapais, the Province of Quebec, Cree communities, and other stakeholders while advancing studies and planning for Opemiska in a phased manner that aims to unlock regional economic benefits.

By reinforcing its commitment to transparent, community-focused project planning, XXIX is positioning Opemiska as a flagship northern development initiative within Quebec’s broader Plan Nord framework. This could enhance the company’s standing as a leading copper developer in Eastern Canada and potentially accelerate timelines for bringing high-grade Canadian copper supply to market, with implications for local communities and the wider resource sector.

More about QC Copper and Gold

XXIX Metal Corp. is a Canadian copper developer advancing the Opemiska and Thierry copper projects, two significant assets in Quebec and Ontario. Opemiska, in the Chapais-Chibougamau region, is a high-grade open-pittable copper deposit with strong local infrastructure, while Thierry benefits from existing road, power, and rail access, positioning XXIX as a key player in Eastern Canada’s copper sector.

An October 2025 economic assessment for Opemiska outlined a 12,500 tonne-per-day open pit mine over 17 years, projecting robust returns including an after-tax NPV and strong internal rate of return. Thierry, which includes the near-surface K1 zone and past-producing K2 zone, adds further scale and optionality, underlining the company’s growth ambitions in the Canadian copper market.

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