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Abcourt Mines Inc V.ABI

Alternate Symbol(s):  ABMBF

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

Comment by cheerio7on Nov 01, 2024 12:04pm
104 Views
Post# 36292425

RE:RE:RE:Stripping Flordin

RE:RE:RE:Stripping FlordinMy favourite part of the release is the following:

"The impressive stripping now allows us to link these same zones together because the host (basalt) contains grades ranging from 100 ppb to more than 5 g/t gold. This significantly increases the thickness of the mineralized zones compared to stripping Phase 1." 

The host rock being mineralized is very positive as much of the time it can be barren. From .1 g/t to 5 g/t is a very big deal. This brings about the possibility that this could be a bulk mining scenario with long hole stoping and economies of scale/high tonnage through put implications.
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