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 > re 1.5 million cash

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Comment by simplycanuckon Dec 20, 2021 3:28pm

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Post# 34248007

RE:RE:re 1.5 million cash

A good dart board does not show where the dart landed once removed
To bring a mine into operation takes alot of effort, if this effort is done propperly the ore will be produced for years at a steady rate
Even to pan gold you have up front time and dollar costs like getting a claim, equipment, transportation and locating the gold on your claim

All this work has been completed by Abcourt with very little debt. I guess to answer this we will have to wait and see if Abcourt can ramp up production from here. It seems that both The Elder mine and Sleeping Giant mines are both ready to increase production.

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