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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

Comment by fbedard29on Feb 07, 2021 4:22pm
219 Views
Post# 32496705

RE:RE:RE:One option for ABI is get ready to sell Elder when Sg is in

RE:RE:RE:One option for ABI is get ready to sell Elder when Sg is in Do not take me wrong on my suggestion.

Elder should not be sold before a new drilling result is done.
mr Hinse has stated in a past annual meeting that a dream was considered that all the 
veins  were directed to a single spot that could be considered a mother load vein  to be explored. .
This could be the difference  between a small mine or a big one.. 
Once all the drilling is done and analyzed a decision could be taken to sell or exploit.

To respond to lccommoner
do not take me for granted.
Just a gross estimate.

Elder still has a few decades of mineral to extract if Tagami is included
No drilling has been done lately to prove extra onces .
Elder could still be a very big part of revenu to ABI but at a substantial cost. 

Abcout has manpower resources to deploid.
Is it bether to concentrate on Elder or on SG or discovery ,or frordin  or Barvue or on new aquisition.

Fernand.


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