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 > Abcourt Announces the Restart of the Sleeping Giant Mill

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Comment by fbedard29on Feb 21, 2024 5:19pm

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Post# 35891904

RE:RE:Abcourt Announces the Restart of the Sleeping Giant Mill

Hi Martyboss
No Abcourt has no funding to do a share buyback now .
Maybe in the futur when Abcourt has millions in the bank and the share price is still at 0.0 6C .
Abcourt has to prove that it can produce au at a profit first.
And also when the shareholders have faith in management to deliver what is promised.
I have great faith that management will deliver.
It just seems that productions just seems to be delayed at every update.
End of 5000 t was delayed to end of march.
500 to 800t a week seems to be very low .
We now need to confirm that the mineral processed was at 6-8 gr per ton .
Fernand

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