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 > Cash have drop 1 million inventory increase by 700k..

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Comment by JTDOUBLEon Nov 29, 2021 9:22pm

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Post# 34178327

RE:RE:Cash have drop 1 million inventory increase by 700k..

If you look at sleeping giant production..

Sales of 195 ounces of gold extracted by mine development at Sleeping Giant mine for a total of

$ 440,912 in the first quarter ended on September 30, 2021. There was no sale in the 1st quarter of 2020.

there not much to show here .. with 1.5 millions in cash I expect another PP or extent those line of credits..

Company needed to spend money in this project otherwise we will hibernate here for a long time ..