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 > Sleeping Giant progression.

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Comment by JTDOUBLEon May 20, 2022 9:21pm

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Post# 34699924

RE:RE:RE:RE:RE:Sleeping Giant progression.

Nothing change.. those running the shows reluctant to inform shareholders..

1.5 millions PP good enough to put lights on property for couple quarters..

just needed to some solid PP like 20-30 millions to allow flexibility to build this property..

The only positive is elder stop production, they can put some assets to other deserving properties to develop.

Still very sceptical given the inflation in labour cost hiw long this 1.5 million will last ..

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