Abcourt Mines Inc. announces that it has completed a fifth and final closing of the non-brokered private placement announced on March 12, 2024 , for additional gross proceeds of $627,570, representing 12,551,400 units of the Corporation , at a price of $0.05 per Unit. Each Unit consists of one common share of the Corporation and one common share purchase warrant . Each Warrant entitles its holder to subscribe for one [...]
Abcourt Mines Inc. is pleased to announce its prospecting and mapping results on its Flordin property in the Lebel-sur-Quévillon area. The fieldwork, carried out in early June 2024, resampled old trenches sunk in the rock near the old Cartwright shaft. The mineralization consists of injections of pyrite and hematite into a sheared and altered basalt. High gold grades have been obtained in this type of mineralization [...]
Abcourt Mines Inc. is pleased to announce that it has entered into an option agreement with Québec Pegmatite Holdings Corp. whereby Abcourt has granted QPC the right to acquire a 100% interest in 141 mining claims covering approximately 5,579 hectares located in the province of Québec, Canada, . The Property includes portions of the Courville and Abcourt Barvue projects, namely the Jolin and Bartec sectors. These mining [...]
Abcourt Mines Inc. is pleased to announce results from the underground diamond drilling campaign at the Sleeping Giant mine. From December 2023 until April 30, 2024, Abcourt has carried out, from levels 235 and 295, 17 drilling holes totaling 2,005 meters in the DAC 5 area. The first diamond drill holes realized are used to optimize the mining plan of the DAC 5 sector accessible in 2024 for the extraction start. Abcourt [...]
Abcourt Mines Inc. announces that it has completed a fourth closing of the non-brokered private placement announced on March 12, 2024 , for additional gross proceeds of $1,060,000, representing 21,200,000 units of the Corporation , at a price of $0.05 per Unit. Each Unit consists of one common share of the Corporation and one common share purchase warrant . Each Warrant entitles its holder to subscribe for one Common [...]
Abcourt Mines Inc. announces its results for the three months ended March 31, 2024. All monetary values in this press release are expressed in Canadian dollars, unless otherwise indicated. The financial statements and management report are available on SEDAR+. Highlights for the Quarter ended March 31, 2024 Exploration work totaling $1,765,615 for the quarter, exploration expenses incurred mainly on the Sleeping Giant [...]
Abcourt Mines Inc. is pleased to announce that it has just obtained from the Ministry of Natural Resources and Forests of Quebec, the necessary authorizations to undertake stripping and drilling work for its Flordin and Discovery properties in the Lebel-sur-Quévillon area. Abcourt will shortly undertake field work on these properties with the aim of determining, based on the results obtained, future locations which will [...]
Abcourt Mines Inc. is pleased to confirm a second gold mineralized zone East of the Flordin deposit toward the Cartwright deposit 100% owned by Abcourt. Highlights • A petrographic study confirms the presence of gold grains in the pyrite. These gold grains would be associated with the second phase of pyrite crystallization. • Compilation work has shown that the gold is not only contained in quartz veins and [...]
Abcourt Mines Inc. is pleased to extend its previously announced non-brokered private placement of up to 100,000,000 Units at a price of $0.05 per Unit for aggregate gross proceeds of up to $5,000,000 . Each Unit consists of one common share of the Corporation and one common share purchase warrant . Each Warrant entitles its holder to purchase one Common Share at a price of $0.06 for a period of 36 months. To date [...]
Abcourt Mines Inc. announces that it has completed a second closing of the non-brokered private placement announced on March 12, 2024, for additional gross proceeds of $915,500, representing 18,310,000 units of the Corporation , at a price of $0.05 per Unit . Each Unit consists of one common share of the Corporation and one common share purchase warrant . Each Warrant entitles the holder thereof to purchase one Common [...]
Abcourt Mines Inc. is pleased to announce that it has obtained by map designation on April 14, 2024, nine claims contiguous to its Abcourt-Barvue Property, located in the Barraute area, in Abitibi-Témiscamingue. The Abcourt-Barvue Property consists of two mining leases and 103 designated cells for a total of 5,123.4 hectares. Abcourt owns 100% of the Property, which is free of any royalty. The addition of these 9 claims [...]
Abcourt Mines Inc. is pleased to provide an operational update at the Sleeping Giant Mine. Since the Sleeping Giant process plant resumed in February 2024 and until March 31st, Abcourt processed 2,325 tonnes from the Pershing-Manitou deposit and a total of 2,821 tonnes since November 2023. Abcourt has approximately 2,200 tonnes of material remaining to process from the Pershing-Manitou bulk sampling. From this processing [...]
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