XXIX Metal Corp Gains Shareholder Approval for Key Copper Projects
XXIX Metal Corp reported that shareholders approved all matters at its Annual General and Special Meeting of Shareholders held on July 28, 2026. One key approval was the appointment of Éric Desaulniers to the Board of Directors. Desaulniers brings extensive experience in permitting and advancing mining projects in Quebec.
'We appreciate the strong support of our shareholders at the Meeting,' said Guy Le Bel, Chief Executive Officer of XXIX Metal Corp. 'With these approvals behind us, and with Éric Desaulniers now on our Board, we are well positioned to continue advancing our Opemiska and Thierry copper projects.'
The company is advancing its Opemiska and Thierry Copper projects in Canada, which are two significant Canadian copper assets. The Opemiska Project has a 12,500 tpd open pit operation over a 17-year mine life, generating an after-tax NPV8% of $505M, IRR of 27.2%, and a 2.3-year payback period ($4.35/lb copper price, $3,000/oz gold price, $30/oz silver price). The Thierry Project hosts the K1 (near-surface) and the past-producing K2 (underground & surface) zones.