Abcourt Mines Inc V.ABI

Alternate Symbol(s): ABMBF

Metals & Mining Gold

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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Post by fbedard29on Apr 15, 2020 1:57pm

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Post# 30912667

payroll subsidies

Will Abcourt qualify to receive 75% of payroll in subsidies from gouv of Canada for 4 months.
If we do ,that would add a large sum to benefits in quarter ending in june 2020.Could also be an incentive to hire additionnal help to advance Sleeping Giant mine.
Share owners should stop selling and wait for the gold price and subsidies to be reflected in
earnings and news of advancement in SG mine..
Fernand

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