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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

Post by Theoldmarineron Dec 20, 2021 3:32pm
207 Views
Post# 34248017

interesting

interestingfurther to your old research

They were all 2% except for claim 4136472 which was 2% + 1%. All royalties were from the 10th level and up and were only on certain claims of the mine. 

This is from your older postings...could you share more insight...I found this interesting and not the first time I  read this information....

it would suggest...a very interesting...pathway to the royalities....payments past and future? 
at what levels is the ore today being mined and if so ??? is the future gold royality free in the future as new levels are developed? This could be a game changer? Maybe....

interesting if factual and can be documented....
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