Abcourt Mines Inc. is pleased to announce that the channel sampling of its second stripping phase is complete on the Flordin property. The stripping phase has exposed and clearly identified the three historical mineralized zones recognized over 200 metres long by 20 metres wide and which remain open laterally in both directions. Indeed, our team was able to recognize and identify the three historical mineralized zones of [...]
Abcourt Mines Inc. is pleased to announce the closing of a non-brokered private placement of 20,866,666 units of the Corporation at a price of $0.06 per Unit for aggregate gross proceeds of $1,251,999.96 . "I would like to thank our current shareholders for their continued support and would like to welcome NQ Investissement Minier as a new shareholder of Abcourt", commented Abcourt's CEO, Pascal Hamelin. "NQ [...]
Abcourt Mines Inc. is pleased to announce that it will undertake a drilling program to enhance the deep mining potential of the Sleeping Giant mine. The 3D model of the mineral resource estimate made by InnovExplo in December 2022 shows the presence of several high-grade mineralized veins towards the lower levels of the mine. The Preliminary Economic Assessment carried out by InnovExplo in June 2023 made it possible to [...]
Abcourt Mines Inc. is pleased to announce that the applications for a second stripping and drilling have been submitted to the Ministry of Natural Resources and Forestry. The permit for the execution of the stripping phase 2 has been received, while the application for the new holes is currently being analyzed. During the first phase of stripping, Abcourt intersected 22.7 g/t gold over 7 meters on stripping No. 2; Refer [...]
Abcourt Mines Inc. is pleased to announce results from the underground diamond drilling campaign at the Sleeping Giant mine. As part of the optimization of the mining plan with a view to support a prefeasibility study and starting production, Abcourt has carried out, from December 2023 to July 31, 2024, 33 underground drilling holes totaling 3,650 meters. According to the mining plan, the Zone 20 West stope is among the [...]
Abcourt Mines Inc. is pleased to announce its most recent channel sampling results from three mechanical strippings conducted in the vicinity of the Cartwright deposit on the Flordin property. The most significant intersection obtained comes from stripping No. 2, channel No. 6, which is 22.7 g/t gold over 7 metres including 161.9 g/t gold over 0.5 metre. The grooves made, eight in total, are all 0.5 metres long and are [...]
Abcourt Mines Inc. presents an update on its activities at the Sleeping Giant mine for the month of July 2024. Highlights: Lost time accident frequency: 0.0; 8,707 hours worked for employees and contractors; Addition of computer stations dedicated to training; Obtaining construction permits for the workers' camp; Surface: Progress of work on the tailings pond in anticipation of planned upgrades in 2025 and 2026 [...]
Abcourt Mines Inc. announces that it has completed the closing of its previously announced non-brokered private placement of 112,500,000 units of the Corporation at a price of $0.04 per Unit, for gross proceeds of $4,500,000 . Each Unit consists of one common share of the Corporation and one common share purchase warrant . Each Warrant entitles its holder to subscribe one Common Share at a price of $0.06, for a period of [...]
Abcourt Mines Inc. is pleased to announce a non-brokered private placement of up to 112,500,000 units of the Corporation at a price of $0.04 per Unit for aggregate gross proceeds of up to $4,500,000 . Each Unit will consist of one common share of the Corporation and one common share purchase warrant . Each Warrant will entitle its holder to purchase one Common Share at a price of $0.06 for a period of 36 months following [...]
Abcourt Mines Inc. is pleased to announce its production results at the Sleeping Giant mine for the quarter ended June 30, 2024. Quarterly Highlights: Gold sale of 345.4 ounces; Production of 327.6 ounces from 1,428 tonnes of the Sleeping Giant mine at a feed grade of 7.4 g/t, with a mill recovery of 95.9%; Production of 140.0 ounces from 3,036 tonnes of the Pershing-Manitou project at a feed grade of 1.6 g/t, with mill [...]
Abcourt Mines Inc. is pleased to present an update on the results of the underground diamond drilling campaign at Sleeping Giant mine. From December 2023 until June 30, 2024, Abcourt has carried out, from levels 235 and 295, 27 drilling holes totaling 3,074 meters in the DAC 5 area. Among these 27 holes, 20 holes totaling 2,457 meters were drilled in the DAC 5 area. Abcourt presents the results of 13 drill holes totaling [...]
Abcourt Mines Inc. is pleased to announce that LaFleur Minerals Inc. has fully exercised its option to acquire 141 mineral claims covering 5,579 hectares located in the Province of Québec, Canada . As announced on June 17, 2024, Abcourt entered into an arm's length Option Agreement with LaFleur pursuant to which Abcourt granted an option to acquire 100% of title and interest in the Property. In accordance with the terms [...]
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