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 > Complex Geology, makes chasing gold, more problematic!

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Comment by PILGRIMon Dec 15, 2020 5:48am

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Post# 32106864

RE:Complex Geology, makes chasing gold, more problematic!

Yes Java
It is the reason why an intensive drilling program, to characterize all the veins and draw a real aspect of what is underground, must be done at SG.

Some authorized advices given to me by competent geologists say it would cost around 20 millions to make the complete story but asserting the presence and location of at least 1 million oz it will give between 500 million and 1 billon $ to SG mine.

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