Abcourt Mines Inc V.ABI

Alternate Symbol(s): ABMBF

Metals & Mining Industrial Metals & Minerals

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.

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Abcourt Mines Inc

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Comment by caplanon May 14, 2014 12:34pm

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Post# 22560903

RE:A little help please: Royalties and company history

Redevances minières

L’analyse financière incorpore des ententes de redevances qui résultent en trois taux de paiement qui dépendent de la localisation des ressources extraites. Une redevance au taux de 3 % NSR s’applique aux ressources extraites des niveaux 1 à 9, une redevance de 2,5 % NSR s’applique aux ressources extraites du niveau 10 et une redevance au taux de 2 % NSR s’applique aux ressources extraites des niveaux 11 à 15.

https://www.abcourt.com/page.php?p=13&l=fr

I dont know how, but for the projet, a total of royalties is 9 766 000$ and for M.Hinse at 53% of the total, it is 5 274 000$.

M Hinse win at all plans and you????