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 [...]
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 [...]