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) 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.
XXIX Metal Corp (OTCQB:QCCUF) has announced fully-funded exploration programs at its Opemiska and Thierry Copper Projects. The company plans a 15,000-metre drill program at the K1 deposit (Thierry) in Winter 2025 and a 5,000-metre drill program at Cooke (Opemiska) in Fall 2025.
The K1 deposit currently holds an inferred resource of 53.6 million tonnes grading 0.38% copper and other minerals. At Opemiska, the company reports a pit-constrained resource of 62.7 million tonnes at 1.04% CuEq (Indicated) and 78.4 million tonnes at 0.41% CuEq (Inferred).
A Preliminary Economic Assessment (PEA) for Opemiska, led by Ausenco, is targeted for October 2025, marking the first economic evaluation since 1991. The company is fully funded for 2025/2026 exploration following a recent $6M financing.
XXIX Metal Corp (OTCQB: QCCUF) has filed an updated NI 43-101 technical report for its 100% owned Opemiska Project in Quebec's Chapais-Chibougamau District. The report reveals significant resource improvements, with a pit-constrained resource of 1.4 billion pounds CuEq (Indicated: 62,706 kt @ 1.04% CuEq) plus 709 million pounds CuEq (Inferred: 78,485 kt @ 0.41% CuEq).
The total resource now stands at 1.7 billion pounds CuEq (Indicated: 69,653 kt @ 1.12% CuEq) plus 746 million pounds CuEq (Inferred: 80,615 kt @ 0.42% CuEq). The update demonstrates a 12% increase in pit-constrained resources within a more compact pit shell, featuring a significantly reduced strip ratio due to the inclusion of lower-grade stockwork mineralization.