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 > News Release

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Post by SilverNSon Sep 01, 2023 9:48am

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Post# 35615689

News Release

They have to sell Abcourt Barvue. I have a lot of MMY right now and I was mad as can be when they sold a non gold property at a massive loss and JV'd another. But they took the funds modified their mill and done a bunch of drilling on another asset. The SP has now doubled from the price we got in at and it will double again shortly. ABI sells Abcourt Barvue and get Sleeping Giant into product and start making some cash the SP will go up.

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