- Guy Le Bel appointed as CEO of XXIX Metal Corp (QCCUF, Financial), succeeding Stephen Stewart.
- Denis McNichols promoted to Vice President of Exploration, advancing the Opemiska and Thierry Projects.
- Key leadership changes align with XXIX's focus on operational execution and development of Eastern Canadian copper assets.
XXIX Metal Corp (QCCUF) has announced significant leadership changes with the appointment of Guy Le Bel as Chief Executive Officer, effective immediately. Le Bel succeeds Stephen Stewart, who will transition to Chair of the Board and Strategic Advisor. With over 30 years of experience in mine development and strategy, Le Bel has held senior positions at Capstone Mining Corp and Quadra FNX Mining Ltd. His appointment is anticipated to drive XXIX's strategic focus on advancing its Eastern Canadian copper projects.
In addition, Denis McNichols has been promoted to Vice President of Exploration, taking over from Charles Beaudry, who remains on the Board. McNichols has been pivotal in advancing both the Opemiska Copper Project and the Thierry Project. His deep technical knowledge and leadership have been crucial to the company's progress.
The Opemiska Copper Project, one of Canada's highest-grade resources, spans 21,300 hectares in Quebec’s Chapais-Chibougamau district and benefits from significant infrastructure, including proximity to the Horne Smelter. Recent updates show a 16% increase in contained Copper Equivalent and a 10% grade boost. Meanwhile, the Thierry Project in Ontario is a past-producing copper-nickel mine with substantial existing infrastructure. These assets position XXIX Metal Corp as a leading copper developer in Eastern Canada, with a commitment to long-term value creation.
As CEO, Le Bel will focus on advancing the Opemiska project through critical stages of engineering, permitting, and production. "I'm honored to lead XXIX at this exciting time," Le Bel stated, emphasizing the potential of both the Opemiska and Thierry Projects to meet the growing global copper demand responsibly.
