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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

Comment by fbedard29on Aug 09, 2022 6:11pm
164 Views
Post# 34883162

RE:RE:Yesterdays Zoom

RE:RE:Yesterdays ZoomHi Mr Tannin my friend as you seem to suggest.
Sg Mill is a 750 per day x +- 300 day  = +- 225t per year. At 7.5 gr per ton = 56k oz maximun.

Yes Sg could produce that much oz but could also produce much less at 4-5 gr per ton or even less if Sg accept milling at 2-3 gr per ton or even less if from open pit..
So the result could be anywhere between 10k oz and 56k oz per year.
If we process from Sg or Pershimex (if the merger goes ok) we could make a profit of $1000 an oz.

But if we have to process mineral from other co we would only make a few hundred $ a ton before 
expenses and we would be filling our waste storage area fast .
So the solution is not to process other co mineral but to process our own co mineral .
Fernand



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