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Abcourt Mines Inc. V.ABI

Alternate Symbol(s):  ABMBF

Abcourt Mines Inc. is a Canada-based junior mining company. The Company is engaged in gold producer and exploration company with strategically located properties in northwestern Quebec, Canada. Its projects include The Sleeping Giant Mine, Discovery Properties, Flordin Property, The Elder Mine and The Tagami Property, Abcourt-Barvue Project, Vendome Property, Aldermac Property, Jonpol Property and Other Properties. The Sleeping Giant Mine property is located half-way between Amos and Matagami, in Abitibi, Quebec, in the territory covered by the Plan Nord of the Quebec government. It comprises four mining leases covering an area of approximatively 458 hectares and 69 mining claims. The Discovery project has 166 claims with a total area of 4,166 hectares. The property is located about 30 km to the north-west of Lebel-sur-Quevillon, Quebec. The Flordin property is located approximately 25 km to the north of Lebel-sur-Quevillon, Quebec. It consists of 25 cells covering 976 hectares.


TSXV:ABI - Post by User

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Comment by theghost707on Feb 15, 2012 11:28am
269 Views
Post# 19537248

RE: An ounce of gold per ton?!! Nice!

RE: An ounce of gold per ton?!! Nice!

 

Abcourt Intersects a Very High Grade Silver Zone on the Abcourt-Barvue Property

MONT-ST-HILAIRE, QUÉBEC, CANADA--(Marketwire - Feb. 15, 2012) -

Mr. Renaud Hinse, President and C.E.O. of Abcourt Mines Inc. (TSX VENTURE:ABI)(BERLIN: AML.BE)(FRANKFURT:AML.FF) (the "Company"), is pleased to announce that hole AB11-67 on section 5040 E, in the western part of the Abcourt-Barvue ore body has intersected a high grade silver zone as indicated in the following results:

From 240.0 to 244.70 meters, the average grade is 1,386.16 grams of silver per tonne and 5.57% zinc over 4.7 meters. This includes a section of 1.30 meter from 243.40 to 244.70 meters in the hole with a grade of 4,696.00 grams of silver and 11.75% zinc. True width is about 80% of core length. This intersection was cut at a depth of 225 meters from surface.

The drilling program on Abcourt-Barvue is designed to augment and to upgrade existing 43-101 all categories resources and reserves. The property is located 60 km north of Val d'Or, Québec.

31.1 grams = 1 ounce

All assays were done by Techni-Lab S.G.B. Abitibi Inc., an approved laboratory.

"Our drilling program continues to give excellent results in the main zone of mineralization. We are getting good grades and good widths. The above results with those reported previously are adding to our reserves and resources." stated Mr Hinse.

 

 

 

 

Mcnabbpa lol you do relize this is SILVER not gold but still great!

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