Info on ABIFocused in Quebec's prolific Abitibi Greenstone Belt, Abcourt now has
several base metal properties and a gold property (all 100% owned).
Abcourt-Barvue Zn-Ag unifies two past producers with significant
exploration / development work. It has been the subject of a recent
optimized feasibility study on a 500 million lb. Zn, 13+ million
ounce Ag orebody over a 13 year minelife. Add'l inferred resources
& clear exploration potential could result in a long life asset.
Elder Au. Plans are to re-open the 43-101 compliant 200,000 oz.
Au resource following a successful drill program in2005 / 06.
Jonpol Cu-Zn-Ag with known resources and short term exploration
potential to add more + the historic target for a large massive
sulphide deposit. A $300,000, 2500 m drill program has begun.
Aldermac Zn-Cu with known resources at the previous mine and
undeveloped high grade discovery / resource in 1987 / 88. There is
considerable valuable underground development. Abcourt is now
preparing for a $300,000 drilling program there.
Vendome-Barvallee Zn-Cu-Ag-Au,, both properties of merit, but
ownership at Vendome-Barvallee needs to be rationalized.
Share Data ($Cdn):
Recent Price: $0.40
52-week Price Range: $0.29 - $0.93
Shares Outstanding (June 1, 2007): 44.6 million
Fully Diluted Shares (1): 47.7 million
(1) 3.1 million options / warrants @ $0.21 - $1.50.