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The latest announcement is out from QC Copper and Gold ( (TSE:XXIX) ).
XXIX Metal Corp. has outlined an aggressive, fully funded exploration program through 2026 following a recent $17.2 million financing that leaves it with over $20 million in cash and $24 million in working capital. The company plans to advance its Opemiska copper project toward a preliminary feasibility study while launching the first large-scale drill campaign in more than 50 years at its Thierry project in Ontario.
At Opemiska, the 10,000-metre drill program at the Cooke Gold Zone and planned infill drilling at the Saddle Zone are intended to expand and upgrade resources and improve pit design and economics. XXIX also plans 3D model refinement and an updated mineral resource estimate in late 2026, while a 20,000-metre maiden drill program at Thierry’s K1 Zone will test its new bulk-tonnage interpretation and support a future updated resource, potentially enhancing the company’s growth pipeline and project portfolio.
More about QC Copper and Gold
XXIX Metal Corp., listed on the TSX Venture Exchange, OTCQB and Frankfurt, is a copper-focused exploration and development company advancing its Opemiska copper project in Quebec and the Thierry copper-PGE project in Ontario. The company targets bulk-tonnage, near-surface deposits and aims to progress Opemiska toward feasibility while unlocking resource growth at Thierry through modern, large-scale drilling.
Average Trading Volume: 741,270
Technical Sentiment Signal: Hold
Current Market Cap: C$36.82M
For detailed information about XXIX stock, go to TipRanks’ Stock Analysis page.