GSKKF - Abitibi Metals Announces Appointment of Eric Kallio to Advisory Committee
(TheNewswire)
December 20 ,2023 – TheNewswire- London, Ontario – Abitibi Metals Corp. (CSE:AMQ) (OTC:AMQFF) (FSE:4KG)(“Abitibi” or the “Company”), is pleased to announce theappointment of Mr. Eric Kallio to the Company’s AdvisoryCommittee.
Mr. Kallio brings a wealth of experience from hisfour-decade career in the mining industry, where he has served in anumber of roles focused on exploration, underground and open pit mineplanning, scoping and feasibility studies in Canada and abroad,including most recently as Executive Vice President, ExplorationStrategy and Growth at Agnico Eagle (2022 – 2023) and Senior VicePresident, Exploration for Kirkland Lake Gold (2018 - 2022).
As a strategic advisor, Abitibi stands to benefit notonly from his input on its upcoming plans to advance the high-gradeB26 Polymetallic Copper Deposit (Ind: 7.0MT @ 2.94% Cu Eq & Inf:4.4MT @ 2.97% Cu Eq) to its goal of delivering an economic PEA, butalso his deep knowledge of the geology of the Detour Trend and theAbitibi Greenstone Belt, where he has been instrumental in thediscovery or advancement of several successful projects including theDome Mine Open Pit (Timmins, ON), the Detour Gold Open Pit (Cochrane,ON), the Island Gold project (near Wawa, ON) and discoveries by LakeShore Gold in the Timmins Gold Camp.
Jonathon Deluce, CEO of Abitibi Metals, stated, “Weare thrilled to announce the appointment of Eric Kallio to theCompany’s Advisory Committee and the opportunity to work with him onthe B26 Deposit. Eric brings a wealth of knowledge contributing to theexploration success and growth profile of many deposits across theAbitibi Greenstone Belt, including the Detour Mine. The addition ofsuch a highly accomplished mining executive is an endorsement of thepath Abitibi is on as we endeavour to enhance shareholder valuethrough the exploration and development of B26 andBeschefer.”
About Abitibi Metals Corp.:
Abitibi Metals Corp. is a Quebec-focused mineralacquisition and exploration company focused on the development ofquality base and precious metal properties that are drill-ready withhigh-upside and expansion potential. Abitibi’s portfolio ofstrategic properties provides target-rich diversification and includesthe high-grade B26 Polymetallic Copper Deposit (Ind: 7.0MT @ 2.94% CuEq & Inf: 4.4MT @ 2.97% Cu Eq) and the Beschefer Gold Project,where historical drilling has identified 4 historical intercepts witha metal factor of over 100 g/t gold highlighted by 55.63 g/t gold over5.57 metres and 13.07 g/t gold over 8.75 metres amongst four modelledzones.
ON BEHALF OF THE BOARD
Jonathon Deluce, Chief Executive Officer
For more information, please call 226-271-5170, email info@abitibimetals.com , orvisit https://www.abitibimetals.com .
The Company also maintains an active presence onvarious social media platforms to keep stakeholders and the generalpublic informed and encourages shareholders and interested parties tofollow and engage with the Company through the following channels tostay updated with the latest news, industry insights, and corporateannouncements:
Twitter: https://twitter.com/AbitibiMetals
LinkedIn: https://www.linkedin.com/company/abitibi-metals-corp-amq-c/
Neither the Canadian SecuritiesExchange nor its Regulation Services Provider accepts responsibilityfor the adequacy or accuracy of this release.
Forward-looking statement:
This news release contains certainstatements, which may constitute “forward-looking information”within the meaning of applicable securities laws. Forward-lookinginformation involves statements that are not based on historicalinformation but rather relate to future operations, strategies,financing plans, financial results or other developments on the B26Project or otherwise. Forward-looking information is necessarily basedupon estimates and assumptions, which are inherently subject tosignificant business, economic and competitive uncertainties andcontingencies, many of which are beyond the Company’s control andmany of which, regarding future business decisions, are subject tochange. These uncertainties and contingencies can affect actualresults and could cause actual results to differ materially from thoseexpressed in any forward-looking statements made by or on theCompany’s behalf. Although Abitibi has attempted to identifyimportant factors that could cause actual actions, events or resultsto differ materially from those described in forward-lookinginformation, there may be other factors that cause actions, events orresults to differ from those anticipated, estimated or intended. Allfactors should be considered carefully, and readers should not placeundue reliance on Abitibi’s forward-looking information. Generally,forward-looking information can be identified by the use offorward-looking terminology such as “expects,” “estimates,”“anticipates,” or variations of such words and phrases (includingnegative and grammatical variations) or statements that certainactions, events or results “may,” “could,” “might” or“occur. Mineral exploration and development are highly speculativeand are characterized by a number of significant inherent risks, whichmay result in the inability of the Company to successfully developcurrent or proposed projects for commercial, technical, political,regulatory or financial reasons, or if successfully developed, may notremain economically viable for their mine life owing to any of theforegoing reasons, among others. There is no assurance that theCompany will be successful in achieving commercial mineral productionand the likelihood of success must be considered in light of the stageof operations.
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