Abcourt Mines Inc.

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 [...]

Abcourt Mines Inc. announces that it has completed a first closing of the non-brokered private placement announced on March 12, 2024, for gross proceeds of $1,436,234, representing 28,724,688 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 Share at a [...]

Abcourt Mines Inc. is pleased to announce a non-brokered private placement of up to 100,000,000 units of the Corporation at a price of $0.05 per Unit for aggregate gross proceeds of up to $5,000,000 as a result of which François Mestrallet, a director of the Corporation, will become a Control Person of the Corporation . Details of the Private Placement Each Unit will consist of one common share of the Corporation and one [...]

Abcourt Mines Inc. announces its results for the three months ended December 31, 2023. 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 December 31, 2023 Investments of $1,571,293 in exploration and evaluation during the quarter ending December 31, 2023. Cash of [...]

Abcourt Mines Inc. is pleased to announce it restarted to process gold on February 13th at its 100% owned Sleeping Giant mill. The mill operated at 20 tonnes per hour during this first week. Yesterday, the mill began to operate at its nominal rate of 32 tonnes per hour with the addition of the second ball mill. Abcourt plans to process between 600 and 800 tonnes per week initially, and gradually increase the weekly [...]

Abcourt Mines Inc. is pleased to announce its first drilling results at the Sleeping Giant Mine. In fact, Abcourt carried out 264 meters of drilling in December 2023, and the first assay results are starting to be known. The objective of this start of the campaign is to clearly define the first mineralized zones which will be sent to the mill. See the press release dated December 18, 2023 for more details about the [...]

ROUYN-NORANDA, Québec, Jan. 30, 2024 -- Abcourt Mines Inc. is pleased to announce the assay results of its most recent drilling campaign completed in November 2023 on its Flordin Property in the Lebel-sur-Quévillon area. Highlights: A new gold zone is identified on the Flordin Property; The mineralization is characterized by two parallel structures 4 m thick and 8 m apart; The type of mineralization is different from that [...]