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

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Post by fbedard29on Nov 21, 2024 5:43pm

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Post# 36324858

Abcourt gold production

I would really be pleased to post a positive comment but:
If Abcourt in 3 months has produced 189 oz (including mineral from Pershing Manitou) .
What has been produced by miners from SG.
Maybe 100 oz . 100 x $3180 = $318k for 120 days = $2560 per day .
If 15 workers it would mean $170 per day produced for a salary of !!!
And it doesn't include the cost of electricity or fuel to run the mill and management.

If Abcourt projection is to be in full production in 12-18 months we really have
a long way to go.

So please help me understand and be positive for the future results
Fernand

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