Denver Gold Group member
XXIX Metal Corp
- TSXv: XXIX
- Developer
- Copper
- Gold
- Toronto, Canada
Company profile
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. An October 2025 Preliminary Economic Assessment outlined 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 (see XXIX news release dated October 1, 2024 for details regarding resources). Thierry has significant infrastructure in place including an all-season road, an airport within 5km, a provincial power grid within 8km, and nearby rail.
With these two high-potential projects, the Company has solidified its position as a key player in the Canadian copper sector and has established itself as one of Eastern Canada\'s largest copper developer.
At Mining Forum Australia
A Denver Gold Group member company
Member companies meet qualified investors in unmediated 1x1 Meetings at every Mining Forum. The 2027 issuer list is published as companies confirm.
Peer groupthe five most similar Denver Gold Group members, 1 = most similar
| Rank | Company | Stage | Minerals | Primary operations | Market cap | 2025 production | Reserves | Match by factor |
|---|---|---|---|---|---|---|---|---|
| This company | XXIX Metal CorpTSXv: XXIX | Developer | Copper, Gold | Canada | $62M | |||
| 1 | Abitibi MetalsCanadian Securities Exchange: AMQ | Explorer | Copper, Gold | Canada | $135M | |||
| 2 | Bellavista ResourcesASX: BVR | Explorer | Gold, Copper | Canada | $64M | |||
| 3 | NorthIsle Copper and GoldTSXv: NCX | Developer | Copper, Gold | Canada | $1.0B | |||
| 4 | FireFly MetalsASX: FFM | Developer | Copper, Gold | Canada | $1.1B | |||
| 5 | Generation Mining LimitedTSX: GENM | Developer | Copper, Palladium | Canada | $139M |
close partial distant not reported Dots run in the order market cap, stage, minerals, country, production, reserves. Similarity weighs market capitalisation 25%, stage of development 20%, primary and secondary minerals 20%, primary country of operations 10%, production 12.5% and reserves 12.5%, with sizes compared on a logarithmic scale. Production and reserves are compared only between companies with the same primary mineral, and a figure a company has not supplied is left out of the score instead of counting against it. A statistical grouping for orientation, not a recommendation or a valuation comparison.
Prepared for information only; it is not investment advice or a recommendation. Company data as supplied to Denver Gold Group by member companies and public market sources. Market figures in US dollars as at 20 September 2026.