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Abcourt Mines Inc V.ABI

Alternate Symbol(s):  ABMBF

Abcourt Mines Inc. is a Canadian gold exploration company with properties located in northwestern Quebec, Canada. The Company owns the Sleeping Giant mine and mill, where it focuses its development activities. The Sleeping Giant 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 approximately 458 hectares and 69 mining claims. The Elder mine and the Tagami property are located 10 kilometers (km) northwest of the mining community of Rouyn-Noranda in Quebec. The properties include over 36 contiguous claims, one mining concession and two mining leases. The Abcourt-Barvue property is located 12 km north of Barraute, 60 km north of the mining community of Val-d’Or, Quebec. It covers over 4,755 hectares with 103 claims and two mining concessions. Its properties also include Flordin, Pershing-Manitou, Vendome, Aldermac, Jonpol and other properties.


TSXV:ABI - Post by User

Bullboard Posts
Post by arielplson Aug 16, 2013 9:40am
255 Views
Post# 21675721

News 16 August

News 16 August

MONT-ST-HILAIRE, QUÉBEC--(Marketwired - Aug. 16, 2013) - Mr. Renaud Hinse, President and C.E.O. of Abcourt Mines Inc. (TSX VENTURE:ABI)(BERLIN:AML)(FRANKFURT:AML) (the "Company"), is pleased to announce that an Agreement was signed yesterday with Aurbec Mines Inc, a wholly-owned subsidiary of Maudore Minerals Ltd, to treat the Elder mineralized material at the Sleeping Giant mill owned by Aurbec. The Elder mine is located in Rouyn-Noranda, Quebec, and the mineralized material will be transported by trucks to the mill located about 80 km north of Amos, Quebec. The Agreement is good for a period of six months and it may be extended if both Parties agree.

Aurbec has requested all relevant environmental permits and authorizations to store and process the Elder mineralized material at its mill. A Certificate of Authorization is expected on or about September 15 next. The shipment of mineralized material will start as soon as this permit is obtained. We expect to ship about 39,000 tonnes of mineralized material before the end of 2013.


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