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An announcement from QC Copper and Gold ( (TSE:XXIX) ) is now available.
XXIX Metal Corp has announced an expansion of its 2025 drill program at the Opemiska Project, following promising results from the Cooke and Saddle Zones. The Cooke Zone has shown broader mineralization than expected, prompting the company to double its budget and drilling efforts to fast-track resource growth. The Saddle Zone, with strong copper-gold intercepts, will see increased drilling to connect and define the copper-gold zone. Both zones lie outside the current Mineral Resource Estimate and Preliminary Economic Assessment, offering significant growth potential. This expansion aims to enhance the project’s scale and improve the upcoming Pre-Feasibility Study, positioning XXIX for substantial near-term resource growth and long-term value creation.
More about QC Copper and Gold
XXIX Metal Corp is a key player in the Canadian copper sector, advancing its Opemiska and Thierry Copper projects. The Opemiska Project, located in Quebec’s Chapais-Chibougamau region, is one of Canada’s highest-grade open-pitable copper deposits. The company has established itself as one of Eastern Canada’s largest copper developers, with significant infrastructure and strategic positioning in the market.
YTD Price Performance: 13.04%
Average Trading Volume: 452,250
Technical Sentiment Signal: Buy
Current Market Cap: C$39.62M
Find detailed analytics on XXIX stock on TipRanks’ Stock Analysis page.