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Bullboard - Stock Discussion Forum 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... see more

TSXV:ABI - Post Discussion

Abcourt Mines Inc > MiningIR speaks with Pascal Hamelin with Abcourt Mines
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Post by Betteryear2 on Dec 30, 2023 7:17pm

MiningIR speaks with Pascal Hamelin with Abcourt Mines

Comment by javaman12 on Dec 31, 2023 4:13pm
Resourcing Tomorrow brings together change makers from the mining and resources industry to discuss and debate the big questions facing the industry and ways to answer them. Our vision is to shape the future of the mining and resources industry for professionals, for business, the future workforce, and for the benefit of society. To be the chosen event provider to the global mining industry ...more  
Comment by javaman12 on Jan 01, 2024 2:07pm
It appears that Abcourt Mines will ramp up production very gradually according to the words of Pascal Hamelin, Abcourt's CEO.  The company has spent the necessary funds to get the mill operating and still has $3.5 million in reserve for any immediate expendure needs.  Drilling will be an ongoing cost going forward. It will continue well into the coming year to bring the inferred ...more  
Comment by fbedard29 on Jan 01, 2024 5:25pm
I am very pleased to see that it needs only a few persons underground to get the SG mine in a small production. Two employees is a very small staff. If Abcourt can increase production by only adding a few employees Abcourt doesn't need to  spend too much on lodging. I just hope that the few 1000 tons from SG will help prove Sg profitable in the future. Fernand 
Comment by javaman12 on Jan 01, 2024 9:22pm
Fbedard, at the beginning of this process, it may be only involve a few thousand tonnes of ore from the SG mine. But unlike the Elder mine, the SG ore is mostly of a higher grade and there is no transportation expense involved in getting the ore up a shaft and into the mill.  I am hoping that a good exploration campaign at the Flordin and the Discovery deposits will also find some higher ...more  
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