NEWS - Good Silver Assays at Jonpol PropertyAbcourt Mines Inc.: Good Silver Assays Intersected in First Hole Drilled on Jonpol Property
MONT-ST-HILAIRE, QUEBEC, CANADA, Jan 12, 2010 (MARKETWIRE via COMTEX News Network) --
Mr. Renaud Hinse, president and C.E.O. of Abcourt Mines Inc. (TSX VENTURE: ABI)(BERLIN: ABI)(FRANKFURT: ABI), is pleased to announce the results of hole J09-2B drilled on section 500 W on the Jonpol property near Amos, Quebec. This hole was drilled from north to south with a dip of 75 degrees at the collar flattening to 38 degrees at 200 m depth. Two mineralized zones were cut. At a depth of about 200 meters from surface, a series of silver-copper-zinc intersections were obtained as follows:
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From To Length Au Ag Cu Zn
meter g/t g/t % %
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245.50 246.60 1.10 0.37 64.40 0.38 3.83
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251.25 253.00 1.75 0.71 210.47 0.02 0.73
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253.75 254.25 0.50 0.15 89.10 1.72 11.18
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261.00 261.45 0.45 0.08 357.10 2.35 2.88
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234.47 261.45 26.98 0.14 40.05 0.15 1.21
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At a depth of 275 m from surface, a copper zone gave the following results:
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410.50 412.00 1.50 0.04 12.30 2.00 0.05
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422.25 422.50 0.25 0.04 44.40 3.21 0.11
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Assays were done at Technilab S.G.B.Inc, a qualified laboratory. Assays for hole J09-1B are pending. Our objective at Jonpol is to extend the known mineralized zones and eventually to locate a large massive sulphide deposit.
As indicated previously, a major drilling programme (10,000 meters) will start on January 18 next on the Elder-Tagami property. A contract for the first phase of this programme has been awarded.
Abcourt Mines Inc. is an exploration and development company with strategically located properties in Northwestern Quebec, Canada. The Abcourt-Barvue project with 43-101 silver-zinc ore reserves and resources and the Elder mine with 43-101 gold resources and the Aldermac property with historical copper-zinc resources are all former producers. Abcourt is now focused on bringing the Abcourt-Barvue and Elder projects back in production and at the same time, it is working on other projects (Aldermac, Jonpol and Vendome), to increase its mineral resources inventory. A positive 43-101 feasibility study was completed in 2007 on the Abcourt-Barvue project. In addition, mill equipment was purchased. To know more about Abcourt, please consult our web site www.abcourt.com and Sedar www.sedar.com, see "Abcourt Mines Inc". A small location plan and longitudinal projection of the Aldermac mineralized zones are shown on our web site. A small location plan of the Elder and Tagami properties is also shown on our web site.
FORWARD-LOOKING STATEMENTS: Except for statements of historical facts, all statements in this news release, including, without limitation, statements regarding forecasts, plans and objectives of Abcourt Mines Inc., are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate; actual results and future events could differ materially from those anticipated in such statements. This press release was prepared by Mr. Renaud Hinse, a qualified person, president of Abcourt Mines Inc.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contacts: Renaud Hinse President 819-768-2857 or 450-446-5511 819-768-5475 or 450-446-3550 (FAX) rhinse@abcourt.com
SOURCE: Abcourt Mines Inc.
mailto:rhinse@abcourt.com