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.

TSXV:ABI - Post by User

Abcourt Mines Inc > sorry for the confusion

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Comment by kennvton Sep 10, 2023 6:26pm

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Post# 35628544

RE:sorry for the confusion

I agree Fernand. If there is 7000 ton to be processed and the production is 350 ton per day, that is 20+ days of production. The + is for extra time spent working out any bugs in the system........and they are producing some INCOME!!. I imagine they would subcontract the excavating and trucking for the Pershimex site, they would need someone to run the loader at SG (Heck, loading 350 ton/day with a loader that hauls probably 10ton+, anyone can do that...even one of the office people). My question is how many people are needed to run 1/2 of the SG Mill?
They just have to take that first step and get into production.
my2cents

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