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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 fbedard29on May 14, 2022 6:23am
360 Views
Post# 34683648

Phone talk with Mr Hamelin

Phone talk with Mr HamelinHi folks.
After sending a E-mail msg to Mr Hamelin he called me and we had a good talk.
The e-mail that i sent did not reach Mr R Hinse (his e-mail id was no longer valid.)
At the time of PP managements personnel or administrators were not aware of the idea of closing Elder.
Mr Hamelin stated that Elder at 4 gr per ton with narrow veins could not be profitable with all the transport fees involved.

Money and time and personnel will be directed to Sleeping Giant .
He is convinced that SG with higher grade and more drilling to understand the topology will lead
to a very profitable mine.
His last words were that we should be pleasantly surprised with Abcourt performance in a year.

My feeling is that Mr Hamelin will do what is necessary to advance SG and other assets.

So i will give Mr Hamelin all my support and you should all do the same and hope for the best.
I really think that Mr Hamelin is not involved with Abcourt to make friends (has probably lost a few with the closing of Elder) but to make Abcourt a succesfull and profitable mining co.

all the best.

Fernand  

  
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