Abcourt Mines Inc ABMBF

Primary Symbol: V.ABI

Metals & Mining Gold

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 Intersects 22.7 g/t Gold Over 7 Metres

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Post by Betteryear2on Aug 21, 2024 9:13am

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Post# 36189483

Abcourt Intersects 22.7 g/t Gold Over 7 Metres

ROUYN-NORANDA, Quebec, Aug. 21, 2024 (GLOBE NEWSWIRE) -- Abcourt Mines Inc. (« Abcourt » or the « Company ») (TSX Venture: ABI) (OTCQB: ABMBF) is pleased to announce its most recent channel sampling results from three mechanical strippings conducted in the vicinity of the Cartwright deposit on the Flordin property. The most significant intersection obtained comes from stripping No. 2, channel No. 6, which is 22.7 g/t gold over 7 metres including 161.9 g/t gold over 0.5 metre. The grooves made, eight in total, are all 0.5 metres long and are connected to each other. Each of the channels averages 6-8 cm deep and intersects perpendicularly with the mineralized zones, which are oriented east-west with a sub-vertical dip. The mineralization is associated with significant shear and is composed of pyrite-rich bands in zones with Gossan-type surface alteration (weathering) (pyrite dissolution, yellow surface).

Abcourt Intersects 22.7 g/t Gold Over 7 Metres in Channel (globenewswire.com)

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