Abcourt Mines Inc.

Rouyn-Noranda, Quebec, Canada - TheNewswire - August 8, 2019 Abcourt Mines Inc. announces that a technical report NI 43-101 entitled Feasibility Study on the Sleeping Giant Project was prepared by PRB Mining Services Inc. of Val-d'Or, Quebec, Canada. Here is a summary of this technical report: General and History The Sleeping Giant mine is located 80 km north of Amos in north-western Quebec, Canada. It is accessible via [...]

Abcourt Mines Inc. has filed, on May 30, 2019, its financial statements and the management's discussion and analysis for the quarter and the nine-month period ended on March 31, 2019. All amounts are in Canadian dollars unless otherwise indicated. Highlights : - In the third quarter, revenues of $ 5.74 M from the sale of 3,372 ounces of gold and other revenues of $ 0.23 M, mainly from assays done for clients. - Net profit [...]

The 43-10 report on resources for the Sleeping Giant mine was modified and re-filed today with a certificate by a new qualified person. Here is a list of the modifications made: Item 4 - Environmental obligations to which the site is subject and permits needed to realize the projected work have been outlined. Item 5 - Considering that there are production infrastructures on the property, additional information is given on [...]

Following a verification by the Autorite des Marches du Quebec, we learned that we had to modify item 25 of the technical report by adding a discussion on the substantial risks and uncertainty which are reasonably susceptible to affect the reliability of the mineral resources or mineral reserves and the expected economical results or on the trust that we may have on them. In addition, the qualified persons have to [...]

Rouyn-Noranda, Quebec / TheNewswire / Canada, March 20, 2019 - Abcourt Mines Inc. announces the results of a surface drilling program completed in the Fall of 2018. Twenty-one holes totaling 4,835 meters were drilled on different properties. Several good values were obtained. See below: Discovery Project: The property covers the Cameron deformation corridor in the western extension of the Flordin property held 100% by [...]

Abcourt Mines Inc. has filed, on February 28 last, its quarterly financial statements and the management's discussion and analysis for the second quarter ended on December 31, 2018. All amounts are in Canadian dollars unless otherwise indicated. Highlights : - Sales of gold and silver of $6.04 M or 3,673 ounces of gold and other revenues of $942,943. - Net profit of $236,614, or $0,00 per share compared to $784,748, or [...]

Abcourt Mines Inc. and Bumigeme Inc. to update the 2007 feasibility study using current economic parameters, the Genivar 2007 pit design, and modifying the process flowsheet to eliminate the silver cyanidation circuit and to produce only a zinc-silver concentrate by flotation. HIS...

Abcourt Mines Inc. has closed today a non-brokered private placement for a number of 10,264,100 flow-through shares at a price of $0.07 per flow-through share for gross proceeds of $ 718,487 and a number of 200 Units at a price of $600 per Unit for gross proceeds of $ 120,000. Each Unit is composed of 10,000 common shares of the Corporation offered at a price of $0.06 per common share and of 5,000 common share purchase [...]

Abcourt Mines Inc. is pleased to announce the results of its annual meeting of shareholders held on December 14, 2018. The shareholders approved the appointment of Dallaire & Lapointe Inc., Professional Chartered Accountants of Rouyn-Noranda, as auditors of the Corporation and also approved, in percentages varying from 97% to 99% of the voted shares, the election of the following directors: Renaud Hinse, Daniel Adam [...]

Abcourt Mines Inc. Charges 124,541 136,046 Other income 28,283 13,496 Profit before income taxes 1, 107,232 Income taxes and deferred taxes 136,250 14,000 Net income and comprehensive income 970,982 Net income per share 0.00 Production highlights for the first quarter terminated on September 30, 2018, compared to the same quarter of 2017. Description 3 months Sept. 30, 2018 $ 3 months Sept. 30, 2017 $ Tonnes treated [...]