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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

Post by javaman12on Oct 04, 2023 7:35pm
176 Views
Post# 35670062

Company Contact!

Company Contact!Dany finally did get back to me! My e-mail was lost in his junk mail pile. But he still interested in providing me with necessary feedback!

He mentioned that the company will be attending some mining trade shows to get more people interested in the company. Pascal will also be involved! He will be attending the Red Cloud mining showcase in Toronto. Dany will be going to New Orleans investment conference as usual.

This time they should have a better company to actively promote! My perspective!

The company plans to start work with 3 miners underground to get the residual ore to the surface and hire more staff later after the preliminary definition drilling has been done. There is no point in opening up new stopes if the gold veins haven't been properly located.

The new miners will be commuting to the mill. In the second phase of the start-up, there may be some provision made for accomodations, as necessary!

I asked a lot more questions. Hopefully he may be able to answer a few of them later.

But the new Abcourt mines is just getting under way and they are still getting trying to figure out how best to spend their limited financial resources in the best way possible. At SG, they are still intensively studying their new 3D model for present and future guidance!

They already have chosen some targets. The company believes that they should be able to greatly increase their gold resources! That is everyone's hope!

They intend to use some money from SG mining and milling to further advance the project! From the company's perspective, further stock dilution is what they will be trying to avoid in the future!

I believe that everyone would concur with that sentiment!

Workers are now preparing the mill for the Pershimex bulk feed. After that, any remaining remnant underground ore will be brought to the surface and added to the gold in the milling circuit.

Then, the new stopes will be opened!

The company is working on a new image and website. But that will come later!

Pilgrim thanks for your positive feedback! That's what we all want to hear!

                                 All the best! Java





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