Abcourt Mines Inc.

Abcourt Mines Inc. is pleased to inform that a drill is now set-up on level 785 to drilling at depth aiming at waking-up the Sleeping Giant between 975 & 1,060 m. As part of its mineral resource development program, in addition to its upper-level drilling program, the Corporation has prepared access and rehabilitated the eastern portion of the 785m level for deep drilling as part of the first phase of a 3,000 to 3,500 [...]

Abcourt Mines Inc. is pleased to announce the appointment of Mr. Alain Lévesque as its new Chief Financial Officer. Alain Lévesque is a member of the Ordre des Comptables Professionnels Agréés du Québec. He brings solid experience in the mining sector and expertise in financial reporting and corporate governance, as well as experience in financial markets and finance, including debt financing, royalty sales and corporate [...]

Abcourt Mines Inc. is pleased to announce that it has closed its previously announced brokered private placement conducted by Red Cloud Securities Inc., as lead agent and sole bookrunner , for aggregate gross proceeds of $5,254,012.55 from the sale of the following: 12,943,500 units of the Company at a price of $0.055 per Unit for gross proceeds $711,892.50 from the sale of Units; and 69,878,770 common shares of the [...]

Abcourt Mines Inc. is pleased to announce the results of its Annual and Special Meeting of Shareholders held on December 10, 2024 . All resolutions presented to the Meeting were approved with of percentage of more than 97% of shares voted. Each of the nominees presented in the management circular relating to the Meeting were elected, namely: Pascal Hamelin, René Branchaud, Loic Bureau, Lise Kistabish, François Mestrallet [...]

Abcourt Mines Inc. is pleased to provide an update on the results of the underground diamond drilling campaign at the Sleeping Giant mine. The highlights included in this press release are as follows: 57.48 g/t Au over 0.6 meter in hole 23-493; 65.16 g/t Au over 0.5 meter in hole 23-495. As part of the mineral resource update in progress by GoldMinds Geoservices Inc. and to support engineering work in the preparation of [...]

Abcourt Mines Inc. announces its results for the first quarter ended September 30, 2024. All monetary values in this press release are expressed in Canadian dollars, unless otherwise indicated. Financial statements and management discussion and analysis are available on SEDAR+. Highlights for the Quarter ended September 30, 2024 Exploration: Exploration work totaling $2,603,486 for the quarter, mainly consisting of [...]

Abcourt Mines Inc. is pleased to announce that the induced polarization survey undertaken in early November on the Flordin property has been completed and results are now available. Highlights: A first geophysical domain with high chargeability and resistivity associated with a high magnetic that is continuous over one kilometre, from the Cartwright stripping to the 2023 drilling. Geophysical signature typical of the [...]

Abcourt Mines Inc. is pleased to announce the results of a preliminary gravity concentration test conducted on mineralized material from the high-grade gold Horse Zone. Highlights: Release of gold by coarse grinding; Mineralization similarity between 2 samples separated by one kilometer; Induced polarization geophysical work is currently underway. A 30-kilogram composite sample from channel 11 of the Horse Zone was [...]

Abcourt Mines Inc. is pleased to announce that it has entered into an agreement with Red Cloud Securities Inc. , to act as sole agent and bookrunner, in connection with a best efforts private placement for aggregate gross proceeds of up to $5,000,000 from the sale of the following: a minimum of 36,363,637 units of the Company at a price of $0.055 per Unit for minimum gross proceeds of $2,000,000 from the sale of Units [...]

Mines Abcourt Inc. is pleased to announce its most recent channel sampling results from the second phase of stripping conducted in September-October 2024. Phase 2 made it possible to link together stripping No. 2 and 3 of the first phase of work carried out in the summer of 2024 with the former Cambior stripping carried out at the end of the 80s. The most significant intersection is from channel 11, which is 10.4 g/t gold [...]