Opus One Gold's Noyell Project: A Golden Opportunity in Quebec's Abitibi Belt

The Abitibi Greenstone Belt has long been a gold miner's playground, and Opus One Gold's Noyell Project is now emerging as one of its most promising prospects. Recent drill results, structural continuity, and infrastructure advantages are positioning this Quebec asset as a low-risk, high-reward investment ahead of key catalysts in June 2025. Here's why investors should pay close attention.

The Drill Results That Demand Attention

The Noyell Project's Q2 2025 drilling campaign delivered a series of intercepts that underscore its high-grade potential. Perhaps most compelling is the 5.57 g/t Au over 8.4 meters (true width ~6.6 meters) in drill hole NO-25-06, located at a vertical depth of 200 meters. This intercept aligns vertically with the previously reported 4.12 g/t Au over 7.3 meters in hole NO-25-01, just 90 meters above, creating a coherent mineralized structure that hints at significant vertical continuity.

But the project's true allure lies in its open-ended depth potential. Zone 1 remains untouched below the 400-meter vertical depth, with drilling at 500 meters (hole NO-25-05) yielding weaker grades (1.14 g/t Au over 1.0 meter), suggesting the system could expand further downward. Meanwhile, the near-surface intercepts, such as 3.79 g/t Au over 6.7 meters in hole NO-25-03 (under just 20 meters of overburden), point to low-cost open-pit mining opportunities. These results are not just about grades—they're about mineability, a critical factor in turning resources into profit.

Why Infrastructure and Location Matter

The Noyell Project isn't just about geology—it's about execution. Located 25 km from Matagami, a mining-friendly town with a skilled workforce, and 14 km from regional road 109, the project benefits from easy access to transportation, utilities, and labor. This proximity slashes exploration and development costs, a rare advantage in an industry notorious for high capital expenditures.

The shallow mineralization and existing infrastructure also create a path for a starter mine, potentially enabling Opus One to generate cash flow early while continuing to explore deeper, higher-grade zones. This “drill-and-produce” strategy minimizes dilution risks and accelerates shareholder value creation.

Catalysts on the Horizon

The coming weeks will be pivotal for Noyell. First, pending assays from deeper holes—such as NO-25-04, which reached 270 meters vertical depth—could unlock the project's full potential by defining the 400-meter depth extension of Zone 1. Positive results here would expand resource estimates and validate the project's vertical continuity.

Second, Opus One's presentation at the Mining Investment Event in Quebec City (June 3–5) offers a critical platform to showcase these results to institutional investors. With Quebec's government actively promoting mining development, this event could attract partnerships or financing that fast-track Noyell's path to production.

A Low-Risk, High-Reward Play

The Noyell Project checks all the boxes for a compelling investment:
- Robust Assay Results: High-grade intercepts with consistent true widths reduce geological risk.
- Geological Consistency: Vertical and lateral continuity suggest a large, coherent system.
- Development Advantages: Proximity to infrastructure and shallow mineralization lower capital and operating costs.
- Strategic Location: Part of the Abitibi Greenstone Belt, a globally recognized gold hub, ensures geological credibility.

Conclusion: Act Before the Crowd

Opus One Gold's Noyell Project is at a critical inflection point. With assays from deeper zones pending and a major investor presentation looming, the next few weeks could redefine the project's valuation. For investors seeking exposure to a high-grade gold discovery with minimal execution risk, Noyell represents a rare opportunity to capitalize on a structural shift in Opus One's asset base.

The question isn't whether Noyell has potential—it's whether investors will act before the market catches on.

Act now, or risk missing the gold rush.