XXIX to Begin 6,000-Metre Drill Program at High-Grade Cooke Gold Zone at Opemiska
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) ha annunciato piani per iniziare un programma di trivellazione di 6.000 metri presso la Cooke Gold Zone nel progetto Opemiska copper a ottobre 2025. Il programma comprenderà fino a 34 fori, con circa 23 fori (4.500 metri) focalizzati sulla Cooke zone.
La Cooke zone, una ex miniera d'oro Falconbridge che storicamente ha prodotto 1,97 milioni di tonnellate a 5,04 g/t di oro e 0,66% di rame, presenta un pilastro di coronamento intatto fino a 250 metri, suggerendo potenziali mineralizzazioni d'oro ad alta gradazione vicino alla superficie. Questo rappresenta la prima trivellazione sistematica a Cooke dalla chiusura.
Il programma mira a espandere l'inventario aureo attuale di Opemiska, che ammonta a 634.000 once in Risorse Indicate (62.706 kt @ 0,31 g/t Au) e 419.000 once in Risorse Inferred (78.485 kt @ 0,17 g/t Au).
XXIX Metal Corp (OTCQB:QCCUF) ha anunciado planes para comenzar un programa de perforación de 6,000 metros en su Cooke Gold Zone dentro del proyecto de cobre Opemiska en octubre de 2025. El programa incluirá hasta 34 pozos, con aproximadamente 23 pozos (4.500 metros) enfocados en la Cooke zone.
La Cooke zone, una antigua mina de oro Falconbridge que históricamente produjo 1,97 millones de toneladas a 5,04 g/t de oro y 0,66% de cobre, presenta un pilar de corona intacto de hasta 250 metros, sugiriendo potencial de mineralización de oro de alto grado cerca de la superficie. Esto representa la primera perforación sistemática en Cooke desde su cierre.
El programa tiene como objetivo ampliar el inventario actual de oro de Opemiska, que es de 634,000 onzas en Recursos Indicados (62,706 kt @ 0.31 g/t Au) y 419,000 onzas en Recursos Inferidos (78,485 kt @ 0.17 g/t Au).
XXIX Metal Corp (OTCQB:QCCUF) 은 2025년 10월에 Opemiska 구리 프로젝트 내 Cooke 골드 존에서 6,000미터 드릴 프로그램을 시작할 계획을 발표했다. 이 프로그램은 최대 34개 구멍으로 구성되며 약 23개 구멍 (4,500미터)은 Cooke 존에 집중된다.
Cooke 존은 이전 Falconbridge 금광으로 과거 5.04 g/t 금 및 0.66% 구리로 1,970만 톤을 생산했으며, 최대 250미터의 온전한 크라운 피렐(pillar)을 갖추고 있어 표면 가까이 고등급 금 광맥의 가능성을 시사한다. 이는 폐쇄 이래 Cooke에서 처음으로 체계적인 드릴링이다.
프로그램은 Opemiska의 현재 금 매장량을 확장하는 것을 목표로 하며, 나타난 자원은 634,000온스의 Indicated Resources(62,706 kt @ 0.31 g/t Au)와 419,000온스의 Inferred Resources(78,485 kt @ 0.17 g/t Au)이다.
XXIX Metal Corp (OTCQB:QCCUF) a annoncé son intention de lancer en octobre 2025 un programme de forage de 6 000 mètres dans la Cooke Gold Zone du projet de cuivre Opemiska. Le programme comprendra jusqu'à 34 puits, avec environ 23 puits (4 500 mètres) axés sur la Cooke zone.
La Cooke zone, ancienne mine d’or Falconbridge qui a produit historiquement 1,97 million de tonnes à 5,04 g/t d’or et 0,66% de cuivre, présente un pilier de couronne intact allant jusqu’à 250 mètres, ce qui suggère un potentiel de minéralisation d’or à haute teneur près de la surface. Cela représente le premier forage systématique à Cooke depuis sa fermeture.
Le programme vise à élargir l’inventaire actuel d’or d’Opemiska, qui s’élève à 634 000 onces dans les ressources indiquées (62 706 kt @ 0,31 g/t Au) et 419 000 onces dans les ressources inférées (78 485 kt @ 0,17 g/t Au).
XXIX Metal Corp (OTCQB:QCCUF) hat angekündigt, im Oktober 2025 ein 6.000-Meter-Bohrprogramm in der Cooke Gold Zone des Opemiska Kupferprojekts zu beginnen. Das Programm umfasst bis zu 34 Bohrlöcher, wobei ca. 23 Löcher (4.500 Meter) auf die Cooke Zone fokussiert sind.
Die Cooke Zone, eine ehemalige Falconbridge-Goldmine, die historisch 1,97 Millionen Tonnen bei 5,04 g/t Gold und 0,66% Kupfer produziert hat, verfügt über einen intakten Kronensäulen-Pfeiler von bis zu 250 Metern, was Potenzial für eine hochgradige Goldmineralisierung nahe der Oberfläche nahelegt. Dies ist das erste systematische Bohren in Cooke seit der Stilllegung.
Ziel des Programms ist es, das derzeitige Goldvorkommen von Opemiska zu erweitern, das 634.000 Unzen in Indicated Resources (62.706 kt @ 0,31 g/t Au) und 419.000 Unzen in Inferred Resources (78.485 kt @ 0,17 g/t Au) beträgt.
XXIX Metal Corp (OTCQB:QCCUF) أعلنت عن خطط لبدء برنامج حفر بعمق 6,000 متراً في Cooke Gold Zone ضمن مشروع Opemiska للنحاس في أكتوبر 2025. سيشمل البرنامج حتى 34 بئراً، مع نحو 23 بئراً تستهدف منطقة Cooke.
تتميّز منطقة Cooke، وهي منجم ذهب سابق لـ Falconbridge كان تاريخياً قد أنتج 1.97 مليون طن عند 5.04 ج/ط الذهب و0.66% من النحاس، بعمود تاجي سليم يصل حتى 250 متراً، ما يشير إلى وجود معدن ذهب عالي الدرجة قرب السطح. وهذا يمثل أول حفر منهجي في Cooke منذ الإغلاق.
يهدف البرنامج إلى توسيع مخزون Opemiska من الذهب الحالي، والذي يبلغ 634,000 أونصة في الموارد المشار إليها و 419,000 أونصة في الموارد المفترضة (78,485 kt @ 0.17 g/t Au).
XXIX Metal Corp (OTCQB:QCCUF) 已宣布计划在 2025年10月在 Opemiska 铜项目的 Cooke 金区启动一个 6,000 米勘探钻探计划。该计划将包括最多 34 口井，其中约 23 口井（4,500 米）聚焦于 Cooke 区域。
Cooke 区曾是 Falconbridge 的金矿，历史产量为 197万吨，金品位5.04 g/t，铜品位0.66%，区内存有一个最大深度250米的完整冠垫，表明地表附近存在高品位金矿化的潜力。这也是 Cooke 自关闭以来的首次系统钻探。
该计划旨在扩大 Opemiska 当前的金矿库存，现为 634,000 盎司的已指示资源（62,706 kt @ 0.31 g/t Au）和 419,000 盎司的推定资源（78,485 kt @ 0.17 g/t Au）。
- Intact crown pillar of ~250 metres suggests potential for high-grade near-surface gold mineralization
- Historical high-grade production of 5.04 g/t gold and 0.66% copper from Cooke mine
- Strong existing infrastructure with access to Horne Smelter
- First systematic drilling since mine closure, leveraging extensive Falconbridge database
- Drill program results and potential resource expansion are uncertain
- Current gold grades in existing resource are relatively low (0.31 g/t Au Indicated, 0.17 g/t Au Inferred)
Highlights:
- 6,000-metre drill program primarily focused on the Cooke Gold Zone to commence October 2025.
- Cooke, a former Falconbridge gold mine, produced 1.97 Mt @ 5.04 g/t Au and
0.66% Cu1. - Cooke is 3km from current pit constrained resource, and not included in the current resource.
- Up to 250 metres of intact crown pillar provide potential for high-grade, near-surface gold.
- First systematic drill program at Cooke since closure, leveraging Falconbridge's extensive database.
- Drilling could significantly expand Opemiska's current gold inventory, consisting of 62,706 kt @ 0.31 g/t Au (634 Koz, Indicated Resources) and 78,485 kt @ 0.17 g/t Au (419 Koz, Inferred Resources).
Toronto, Ontario--(Newsfile Corp. - September 30, 2025) - XXIX Metal Corp. (TSXV: XXIX) (OTCQB: QCCUF) (FSE: 5LW0) ("XXIX" or the "Company") is pleased to announce an up to 34 hole, 6,000-metre drill program on its Cooke gold zone at its Opemiska copper project. XXIX anticipates drill mobilization on or around October 20, 2025.
Cooke is one of the four former underground mines historically operated by Falconbridge at Opemiska. Unlike Springer and Perry, which were primarily copper mines with gold content forming XXIX's current resource, Cooke was a gold mine with copper by-product credits. This upcoming campaign represents the first systematic drill program at Cooke since mine closure, providing an opportunity to expand Opemiska's gold inventory beyond its existing 62,706 kt @ 0.31 g/t Au (634 Koz, Indicated Resources) and 78,485 kt @ 0.17 g/t Au (419 Koz, Inferred Resources) of defined open pit resources.
The primary objective of this drill campaign is to define near-surface gold and copper resources that could be accretive to the broader Opemiska project. Given the proximity of the target area and our strong understanding of the geology, supported by the extensive Falconbridge database the Company inherited along with subsequent compilation and reinterpretation work, this program is designed to leverage that knowledge. Through this drill program, XXIX will focus on testing near-surface mineralization, particularly from the crown pillar, to outline resources that could enhance the potential of any future operation at Opemiska.
Cooke Gold Zone
XXIX has planned up to ~23 holes (4,500 metres) at Cooke, with the remaining holes allocated to the Chibougamau Copper Zone, located 500 metres north of Cooke, to determine the potential for a near-surface resource that could complement Opemiska's existing resource base.
Cooke was a past-producing underground mine with two parallel gold structures that have not been mined to surface-similar to that of Springer and Perry-the two zones (past-producing mines) that comprise Opemiska's current resource. Historically, Cooke produced 1.97 million tonnes grading 5.04 g/t gold and
About XXIX Metal Corp.
XXIX is advancing its Opemiska and Thierry Copper projects, two significant Canadian copper assets. The Opemiska Project, one of Canada's highest-grade open pitable copper deposits, spans 21,333 hectares in Quebec's Chapais-Chibougamau region, with strong infrastructure and nearby access to the Horne Smelter. A June 2025 resource update reported a pit constrained resource of 62.7 million tonnes at
QP Statement
The technical information contained in this news release has been reviewed and approved by Denis McNichols, P.Geo and géo., Vice President Exploration for XXIX Metal, a Qualified Person, as defined in "National Instrument 43-101, Standards of Disclosure for Mineral Projects.
For further information, please contact:
Guy Le Bel, Chief Executive Officer
Phone: 514.654.8550
Email: glebel@oregroup.ca
Forward-Looking Statements
This news release contains certain forward-looking statements, including statements about the Company's belief that Opemiska has potential for continued growth, any anticipated timelines for the completion of a Preliminary Economic Assessment at Opemiska, various cost, price and production assumptions used to inform the Mineral Resource Estimate cut-off grade, and outstanding risk factors, including Opemiska's Proximity to the Town of Chapais, Historical Assay validation, Geotechnical considerations of open stopes in the eastern pit wall, the Venture sill, the Gwillim fault, host rock competency and Historical Stope Modeling. Wherever possible, words such as "may", "will", "should", "could", "expect", "plan", "intend", "anticipate", "believe", "estimate", "predict" or "potential" or the negative or other variations of these words, or similar words or phrases, have been used to identify these forward-looking statements. These statements reflect management's current beliefs and are based on information currently available to management as at the date hereof.
Forward-looking statements involve significant risk, uncertainties and assumptions. Many factors could cause actual results, performance or achievements to differ materially from the results discussed or implied in the forward-looking statements. Such factors include, among other things: risks related to uncertainties inherent in drill results and the estimation of mineral resources; and risks associated with executing the Company's plans and intentions. These factors should be considered carefully, and readers should not place undue reliance on the forward-looking statements. Although the forward-looking statements contained in this news release are based upon what management believes to be reasonable assumptions, the Company cannot assure readers that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this news release, and the Company assumes no obligation to update or revise them to reflect new events or circumstances, except as required by law.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
1 Morin, R. DV90-01, Energie et Ressources Naturelle Québec, Edition L. Blais-Leroux, p. 75
2 Morin, R. DV90-01, Energie et Ressources Naturelle Québec, Edition L. Blais-Leroux, p. 75
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FAQ
What is the size of XXIX Metal's planned drill program at the Cooke Gold Zone?
What were the historical production grades at the Cooke mine?
What is XXIX Metal's current gold resource at Opemiska?
When will XXIX Metal begin drilling at the Cooke Gold Zone?
How far is the Cooke Gold Zone from the current pit-constrained resource?
