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QC Copper and Gold ( (TSE:XXIX) ) has issued an update.
XXIX Metal Corp. reported strong initial drill results from the Cooke Zone, about two kilometres east of its envisioned Opemiska open pit, confirming meaningful near-surface gold-copper-silver mineralization. Drilling has intersected at least two parallel shear-hosted zones in every hole, including standout intercepts such as 3.63 g/t gold, 3.50 g/t silver and 0.27% copper over 6.40 metres, indicating continuity and a distinct mineralization style from the main Springer and Perry zones.
The company has expanded its Cooke drill program to roughly 10,000 metres over the Cooke and Saddle zones, focusing on delineating a mineralized crown pillar across a 700‑metre strike. Management says the results support tighter-spaced follow-up drilling to advance Cooke toward a maiden Mineral Resource Estimate, which could provide incremental satellite mill feed, increase Opemiska’s overall project scale and flexibility, and strengthen the project’s path toward an updated resource and future feasibility work.
More about QC Copper and Gold
XXIX Metal Corp., listed on the TSX Venture Exchange, OTCQB and Frankfurt, is a metals exploration and development company focused on advancing its Opemiska copper-gold project in Quebec. The company targets near-surface, open-pit concepts, aiming to grow resources and mill feed through satellite deposits such as the past-producing Cooke mine within the broader Opemiska district.
Average Trading Volume: 802,070
Technical Sentiment Signal: Buy
Current Market Cap: C$45.88M
See more data about XXIX stock on TipRanks’ Stock Analysis page.