QC Copper and Gold ( (TSE:XXIX) ) just unveiled an announcement.
XXIX Metal Corp has initiated a 20-hole drill program at the Saddle Zone within the Opemiska open pit, aiming to expand its high-grade copper resource. This follows a successful scout drilling that revealed a significant copper intersection, and the program is expected to convert waste to ore, add a minable zone, and increase tonnage, reinforcing XXIX’s position in the Canadian copper sector.
More about QC Copper and Gold
XXIX Metal Corp is a prominent player in the Canadian copper industry, focusing on advancing its Opemiska and Thierry Copper projects. The Opemiska Project is recognized as Canada’s highest-grade copper resource, located in Quebec’s Chapais-Chibougamau region, and benefits from strong infrastructure and proximity to the Horne Smelter. The Thierry Project includes two past-producing ore bodies with significant infrastructure, positioning XXIX as one of Eastern Canada’s largest copper developers.
YTD Price Performance: -7.50%
Average Trading Volume: 71,757
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $19.96M
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