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The latest update is out from QC Copper and Gold ( (TSE:XXIX) ).
XXIX Metal Corp has identified a new area of resource potential within the Saddle Zone at its Opemiska Copper Project in Quebec. The discovery outlines a robust cylindrical body of mineralization, which could deepen the existing pit shell and enhance resource growth. The mineralization spans 140 metres in strike length and reaches 190 metres in vertical depth, with notable intersections indicating strong grades. This development is expected to contribute to an updated Mineral Resource Estimate for Opemiska, potentially impacting the company’s operations and positioning in the copper industry.
More about QC Copper and Gold
XXIX Metal Corp is advancing its Opemiska and Thierry Copper projects, two significant Canadian copper assets. The Opemiska Project, located in Quebec’s Chapais-Chibougamau region, is Canada’s highest-grade copper resource, while the Thierry Project includes past-producing open pits. With strong infrastructure and strategic location, XXIX has established itself as a key player in the Canadian copper sector and one of Eastern Canada’s largest copper developers.
Average Trading Volume: 127,279
Technical Sentiment Signal: Hold
Current Market Cap: C$32.35M
For an in-depth examination of XXIX stock, go to TipRanks’ Stock Analysis page.