Abitibi Metals (CSE: AMQ) Closest Comparison Is Foran Mining (TSX: FOM)

NIA's latest brand-new stock suggestion Abitibi Metals (CSE: AMQ) has a VMS deposit similar to Foran Mining (TSX: FOM).

AMQ's B26 Deposit has a historical resource of 11.4 million tonnes at just under 3% copper equivalent which is open for expansion.

AMQ CEO Jon Deluce believes the B26 Deposit after their fully funded 50,000m 2024/2025 drilling program has potential to deliver an economic PEA with a minimum defined 20 to 30 million tonne high-grade copper resource.

FOM's VMS deposit currently hosts 44.2 million tonnes at lower copper grades than AMQ's B26 Deposit.

FOM has a market cap of CAD$1.389 billion.

Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. This message is not a solicitation or recommendation to buy, sell, or hold securities. NIA has received compensation from LFG Equities Corp. of US$30,000 cash for a three-month AMQ marketing contract. This message is meant for informational and educational purposes only and does not provide investment advice.