Abcourt Mines is pleased to announce the assay results of its first hole drilled in the eastern extension of the South Zone on its Flordin Property. This gold-bearing zone was discovered in the mid-1980s by Cambior. Hole FL-25-280 intersected the South Zone at 483 metres depth as well as a new gold mineralized zone grading 1.3 g/t gold over 28.5 metres, including 5.1 g/t gold over 3 metres directly after the South Zone at [...]
Abcourt Mines Inc. announces the results of the first holes of its drilling program to develop the deep mining potential of the Sleeping Giant mine. In January 2025, Abcourt completed 2 underground drill holes totaling 928 metres from level 785. The highlights of the analysis results, included in this press release, are as follows: Holes 78-885 and 78-886 intersected the 785N Zone at targeted depths . Holes 78-885 and [...]
Abcourt Mines Inc. is pleased to announce the last assay results from its most recent drilling campaign underway on its Flordin property in the Lebel-sur-Quévillon area. Highlights: Drill hole FL-25-278 returns 1.2 g/t gold over 23.5 metres, including 4.5 g/t gold over 3.5 metres. The high-grade gold mineralization characteristic of the Horse mineralized zone is continuous over 200 metres lateral strike. The mineralized [...]
Abcourt Mines Inc. is pleased to announce the first assay results from its most recent drilling campaign currently underway on its Flordin property in the Lebel-sur-Quévillon area. Highlights: The Adam mineralized zone connects with the Horse mineralized zone in the first two drill holes of the 2025 campaign. Drill hole FL-25-274 returns: 3.5 g/t gold over 27.5 metres, including 12.1 g/t gold over 7.5 metres. The [...]
Abcourt Mines Inc. informs that its Board of Directors has granted stock options to its new Chief Financial Officer, appointed on December 12, 2024, on the same terms as those previously granted to the directors and officers of the Corporation. These stock options, expiring in 5 years, allow the Chief Financial Officer to subscribe 1,500,000 common shares of Abcourt at an exercise price of $0.05 per share. ABOUT ABCOURT [...]
Abcourt Mines Inc. is pleased to announce that it is starting a drilling campaign on the Flordin Property. This first phase of drilling, of a minimum of 3,000 metres, will be spread over two different sectors of the property, namely the Cartwright sector and the Flordin sector. Summary of Drilling Work : More than 1,000 metres of drilling will be done directly below the 2024 stripping of the Cartwright Zone. The new holes [...]
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 [...]
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