Once the rig arrives, Abitibi will be able to remain on schedule to complete over 10,000 meters across three priority targets by the end of the quarter, it said in a statement. Additionally, the statement references an option agreement entered into on November 16, 2023, regarding the B26 Deposit, through which Abitibi has the potential to earn an 80% interest over seven years from SOQUEM Inc. Since securing that option agreement, Abitibi's drill program has yielded promising results.