Welcome to our dedicated page for XXIX METAL news (Ticker: QCCUF), a resource for investors and traders seeking the latest updates and insights on XXIX METAL stock.
XXIX Metal Corp (OTCQB: QCCUF) generates a steady flow of project-focused news as it advances its Canadian copper portfolio. Company releases concentrate on technical milestones, economic studies and exploration results at its two core assets: the Opemiska Copper Project in Quebec and the Thierry Copper Project in Ontario.
On this page, readers can follow updates related to Opemiska’s NI 43-101 Preliminary Economic Assessment, resource estimates and drilling campaigns. Recent disclosures have covered the publication of the Opemiska PEA technical report, expansion of drilling at the Cooke Gold Zone and Saddle Zone, and wide copper-bearing intervals with visible gold at Cooke. News also highlights exploration at the Chibougamau Copper Zone and the evaluation of potential underground mineralization below the contemplated open pit.
For Thierry, XXIX’s news has included plans and results for induced polarization (IP) surveys and drilling around the K1 and K2 zones. The company has reported large-scale IP coverage, strong anomalies between K1 and K2, and conductive corridors that it interprets as potential sulphide targets and district-scale exploration trends. These updates provide context on how XXIX is using geophysical data and a substantial historical drilling database to refine its models and target new drilling.
Investors and sector followers can also track corporate developments such as board appointments, community consultation activities in Chapais, Quebec, and transactions like XXIX’s acquisition of a 19.9% interest in Kintavar Exploration through the sale of the Roger Project. Bookmark this page to review the latest QCCUF news, from technical reports and drill programs to community engagement and portfolio transactions.
XXIX Metal (OTCQB: QCCUF) reports completion of a comprehensive validation and reinterpretation of >210,000 metres of historical drilling at the Thierry copper project, focused on the K1 and K2 zones.
Work reclassifies K1 toward a disseminated, bulk-tonnage open-pit model with grades potentially increasing at depth, and interprets K2 as holding potential for a higher-grade underground target. Recent IP chargeability results highlight possible sulphide mineralization between K1 and K2. The company notes improved project economics at current copper prices (>US$5.00/lb vs US$3.75/lb used in 2021 resource work). Thierry benefits from local infrastructure and is planning targeted drilling in 2026 to test new targets.
XXIX Metal (OTCQB: QCCUF) completed a 73.5 line-km induced polarization (IP) survey at the Thierry project, the first systematic IP across the property, identifying multiple chargeability and conductive anomalies. A >2.5 km anomaly between K1 and K2 suggests potential sulphide accumulation; a >6.5 km conductive corridor east of K1 supports a district-scale trend; and a ~1.5 km conductive horizon west of K2 remains open and previously untested. XXIX integrated the new IP with historical IP data and is nearing completion of a full K2 database reinterpretation using >b>210,000 m of drilling, positioning Thierry for an active 2026 exploration season and prioritized follow-up drilling.
XXIX Metal (OTCQB: QCCUF) expanded its 2025 Opemiska drill program after Cooke Zone results outperformed expectations and confidence grew in the Saddle Zone. The company doubled the Cooke budget and metres to fast-track resource growth and test a newly identified mineralized horizon. The total program is now 10,000 metres split between Cooke and Saddle. Cooke lies 2.5 km east of the planned Opemiska pit and historically produced 1.97 Mt at 5.04 g/t Au and 0.66% Cu. A second drill rig was mobilized end of November to accelerate assays and resource additions outside the current MRE/PEA.
XXIX Metal (OTQB: QCCUF) filed a NI 43-101 PEA technical report for its 100%‑owned Opemiska Project, effective October 17, 2025 and issued December 2, 2025. Key PEA metrics: 17-year mine life with 715M lb copper, 409k oz gold, 2.08M oz silver; after‑tax base case NPV8% C$505M (spot NPV C$897M) and after‑tax IRR 27.2% (39.3% spot); 2.3‑year payback on C$617M initial capex. First six years: ~59M lb Cu/yr, 34k oz Au/yr, 174k oz Ag/yr; C1 cash cost US$1.03/lb Cu (first six years), US$1.40/lb LOM. PEA uses 44.3 Mt inferred resource and notes upside including Cooke zone drilling.
XXIX Metal (OTCQB: QCCUF) reported progress on a 6,000-metre drill program focused on the Cooke Gold Zone and Chibougamau Copper Zone, with 6 of 23 planned holes completed at Cooke and wide copper-bearing intervals of 12–48 metres (core length).
Visible and native gold were observed in two holes. Cooke sits ~2.5 km east of the envisioned Opemiska pit and historically produced 1.97 Mt at 5.04 g/t Au and 0.66% Cu. The company completed 7 holes (1,017 metres) at Chibougamau with copper intersections in all holes and is mobilizing a second drill rig to accelerate drilling.
Management highlights exploration upside: only 55% of the company's mineral resource estimate was included in the prior PEA and additional zones (Saddle, underground) require more drilling before incorporation into future studies.
XXIX Metal Corp (OTCQB: QCCUF) announced on November 10, 2025 that Guy Le Bel has been appointed to the board, effective immediately, and that Simon Kidston has stepped down.
XXIX highlighted its October 2025 Preliminary Economic Assessment (PEA) for the Opemiska project: a 12,500 tpd open-pit plan over a 17-year mine life with an after-tax NPV8% of $505M, IRR 27.2% and a 2.3-year payback using copper at $4.35/lb, gold at $3,000/oz and silver at $30/oz. The release notes Opemiska uses inferred resources and contains customary forward-looking disclosures.
XXIX Metal Corp (OTCQB: QCCUF) thanked Chapais residents for attending public consultations on October 21–22, 2025, as it presented the Preliminary Economic Assessment (PEA) for the Opemiska Copper Project.
Key PEA metrics include an after-tax NPV (8%) of C$505M, after-tax IRR 27.2%, 2.3-year payback on C$617M initial capital, and spot-price case NPV of C$897M with a 39.3% IRR. Early years average annual production: 59M lbs Cu, 34,000 oz Au, 174,000 oz Ag; C1 cash cost US$1.03/lb (first six years). Opemiska anticipates >C$3.5B investment over ~20 years and a 12,500 tpd, 17-year mine plan. Company committed to further workshops, newsletters and a monitoring committee.
XXIX Metal (OTCQB: QCCUF) announced a Preliminary Economic Analysis for the Opemiska copper project (Chapais, Québec) on October 21, 2025. The PEA models a 17-year open-pit mine at 12,500 t/d with 715 million payable pounds of copper, 409 koz gold and 2.08 Moz silver.
Base-case after-tax economics show NPV8% C$505M, IRR 27.2% and a 2.3-year payback; spot pricing boosts NPV8% to C$897M and IRR to 39.3%. Initial capex is C$617M (net C$467.7M after a potential C$149.6M CTM-ITC). C1 cash cost is US$1.03/lb Cu (Years 1–6) and US$1.40/lb LOM. The study is preliminary and includes inferred resources.
XXIX Metal Corp (OTCQB:QCCUF) has announced plans to commence a 6,000-metre drill program at its Cooke Gold Zone within the Opemiska copper project in October 2025. The program will include up to 34 holes, with approximately 23 holes (4,500 metres) focused on the Cooke zone.
The Cooke zone, a former Falconbridge gold mine that historically produced 1.97 million tonnes at 5.04 g/t gold and 0.66% copper, features an intact crown pillar of up to 250 metres, suggesting potential for high-grade near-surface gold mineralization. This represents the first systematic drilling at Cooke since its closure.
The program aims to expand Opemiska's current gold inventory, which stands at 634,000 ounces in Indicated Resources (62,706 kt @ 0.31 g/t Au) and 419,000 ounces in Inferred Resources (78,485 kt @ 0.17 g/t Au).
XXIX Metal Corp (OTCQB: QCCUF) has completed its acquisition of a 19.9% stake in Kintavar Exploration through the sale of its Roger Project. The transaction, valued at $2,137,500, resulted in XXIX receiving 42,750,000 shares of Kintavar without dilution.
The Roger Project, spanning 987 hectares in Quebec's Chibougamau mining district, contains a historical resource estimate of 333 Koz AuEq indicated and 202 Koz AuEq inferred. Kintavar, now well-financed with $3.8 million in cash and investments, will focus on developing Roger under new leadership.
XXIX plans to monetize its Kintavar shares opportunistically and is advancing its core projects, including the completion of Opemiska's PEA in October 2025 and a 15,000-metre drill program at Thierry's K1 deposit in Q1 2026.