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 > Sleeping Giant potential?

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Comment by goodapeon Dec 19, 2020 9:50am

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Post# 32146727

RE:RE:RE:Sleeping Giant potential?

Because ore from two different mines is being mixed, it sounds like potential production might be better gauged by considering the production potential of the 700 to 750 tpd mill, rather than the mineral content of the Sleeping Giant mine?

Should we consider the ore grade that will be fed to the mill to be 50% representative of the grade of the Elder and 50% representative of the grade of Sleeping Giant? Do you know what the grades are coming out of Elder?

BTW I learned about Abcourt 2 years, I called it a winner and have held a long position in it since then. Thank you very much for your insight.

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