Abcourt Mines Inc. is pleased to announce that the TSX Venture Exchange has approved the Company's request to implement a normal course issuer bid program, through which Abcourt may purchase, for cancellation, up to 80,000,000 of its common shares, representing just under 10% of the public float . The Board of Directors of Abcourt believes that the current market price of the Company's common shares does not adequately [...]
Abcourt Mines Inc. is pleased to provide an update on development work completed in February 2026 at the Sleeping Giant Mine, located in the Eeyou Istchee region of Quebec. In February, Abcourt continued hiring and training miners. Eight new employees joined the Abcourt team in February, bringing the total to 134. The development of the drifts leading to the next long-hole stopes remains the Company's priority. Abcourt [...]
Abcourt Mines Inc. is pleased to announce that the high-resolution drone magnetic survey undertaken in early January on the Flordin property has been completed and results are now available. Highlights: The main east-SE/west-NW strike magnetic anomaly is continuous over the entire property and corresponds, according to known geological information, to the mafic lava sequence of the Vanier-Dalet-Poirier Group which hosts [...]
Abcourt Mines Inc. announces its financial results for the second quarter ended December 31, 2025. 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+. Summary of financial results Three months ended December 31, Six months ended December 31, 2025 2024 2025 2024 Revenues 4,889,149 [...]
Abcourt Mines Inc. is pleased to provide an update on the development work completed in January 2026 at the Sleeping Giant Mine, located in the Eeyou Istchee region of Québec. In January, Abcourt continued to actively advance the stopes development at the Sleeping Giant Mine while significantly strengthening its operational capacity. During the month, 25 new employees joined the team, supporting the acceleration of [...]
Abcourt Mines Inc. is pleased to announce that it is undertaking a 20,000-metre drilling program on the Flordin Property. This drilling campaign will be divided between the Cartwright sector and the South Zone sector, which were the subject of a first phase of drilling of approximately 4,000 metres last year. The ultimate objective of this campaign is to extend the various gold-bearing zones at depth and laterally to [...]
Abcourt Mines Inc. is very pleased to announce the appointment of Mr. Dany Cenac Robert to the position of Vice-President, Communications and Corporate Development. A strategic partner of the Corporation since 2018, Mr. Cenac Robert possesses in-depth knowledge of Abcourt's assets and vision. With over 20 years of experience in strategic communications and financial markets, he notably founded and led the consulting firm [...]
Abcourt Mines Inc. is pleased to announce that it has closed today its previously announced transaction with Glencore AG comprising a senior secured debenture in the principal amount of up to US$ 30 million and various accompanying agreements, including an offtake agreement on all products from the Corporation's Sleeping Giant mine . The Transaction was previously announced on December 22, 2025. A first tranche of [...]
Abcourt Mines Inc. is pleased to provide an update on development work carried out in last December at the Sleeping Giant Mine, located in the Eeyou Istchee region in the Province of Quebec. Abcourt continued developing its stopes and hiring in December. The month was shortened by the holiday break. The ore processing plant was paused from December 22 to January 5. However, underground operations continued during this [...]
Abcourt Mines Inc. is pleased to announce the appointment of Mr. Loïc Bureau, as Chief Operating Officer of Abcourt, effective immediately. Mr. Bureau is resigning today from the Board of Directors of Abcourt Mines to dedicate himself fully to the Corporation's operational activities. Loïc Bureau is a trilingual engineer, a graduate of Polytechnique Montréal in geological engineering, and has over twenty years of [...]
Abcourt Mines Inc. is pleased to announce that it has entered into a binding term sheet with Glencore AG for a senior debt financing in the principal amount of up to US$ 30 million and an accompanying offtake agreement . Key Financing Points: The Financing will be provided by Glencore in two tranches for aggregate gross proceeds of up to US$30 million: Tranche A: US$18.125 million, available to be drawn on the Closing [...]
Abcourt Mines Inc. is pleased to present an update on the November development work at the Sleeping Giant Mine, located in the Eeyou Istchee region of Quebec. Highlights Tonnes milled: 1,346 tonnes Mill Head Grade: 7.2 g/t % Recovered: 95.8% Ounces Produced: 298 ounces Ounces Poured: 425 ounces Abcourt advanced the development of its workplaces and continued hiring in November. Abcourt added a fourth mining front as [...]