Abitibi Metals (CSE:AMQ) - Discovery Silver Deal and 80,000m Drill Program

Abitibi Metals (CSE:AMQ) - Discovery Silver Deal and 80,000m Drill Program

From Company Interviews by Crux Investor

May 1, 2026 · 16 min

About this episode

Jon Deluce discusses Abitibi Metals' recent investment and drilling program.

Interview with Jon Deluce, President & CEO of Abitibi Metals Our previous interview: https://www.cruxinvestor.com/posts/abitibi-metals-cseamq-doubles-resource-on-high-grade-copper-gold-vms-9195 Recording date: 29th April 2026 Abitibi Metals recently secured a transformative $31 million investment from Discovery Silver, marking a major institutional validation of its B26 polymetallic deposit in Quebec. In exchange for a 9.9% stake, Discovery Silver provides both a substantial capital injection and invaluable operational expertise. Developed over a two-and-a-half-year partnership with the Quebec government subsidiary SOQUEM, the B26 deposit currently boasts 25 million tons at a 2.1% copper equivalent. This impressive scale places it among a rare class of large-scale copper, gold, and zinc assets in Canada's mining-friendly jurisdiction. The alliance brings far more than just funding. Discovery Silver’s management team has a proven track record of building successful mines, offering Abitibi critical guidance in permitting, community engagement, and environmental management. Over the past 18 months, Abitibi’s valuation has surged from $30 million to roughly $150 million. Notably…

People in this episode

Guest: Jon Deluce

Topics covered

  • investment
  • mining
  • copper
  • gold
  • drilling
  • partnership

Keywords

  • Abitibi Metals
  • Discovery Silver
  • copper equivalent
  • B26 deposit
  • drill program
  • investment

Mentioned in this episode

Organizations: Abitibi Metals, Discovery Silver, SOQUEM

Places: Quebec

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