Mr. Renaud Hinse, President and Chief Executive Officer of Abcourt Mines is please to announce excellent operating and financial results for the Elder mine for the three-month and six-month periods ended December 31, 2017. Highlights are as follows -4,225 ounces of gold sold at an average price of CAN $1,627 in the second quarter with revenues of [...]
Mr. Renaud Hinse, President and Chief Executive Officer of Abcourt Mines is please to announce that excellent results were obtained in a recent surface drilling program at the Elder mine. Forty-four holes were drilled, for a total of 7,288 meters. At the Elder mine, the No.1 vein is the main vein. It extends over a strike distance of about 650 [...]
Abcourt Mines has closed today a non-brokered private placement for a number of 9,343,852 flow-through shares at a price of $0.085 per flow-through share for gross proceeds of $794,227 and a number of 267 Units at a price of $750 per Unit for gross proceeds of $200,250. Each Unit is composed of 10,000 common shares of the Corporation offered at a [...]
Abcourt Mines is reporting operating and financial results for the fourth quarter and the period ended on June 30, 2017, with very good results. Fourth quarter and annual highlights -4,779 ounces of gold sold at an average price of $1,677 (US$1,262) in the fourth quarter with revenues of $8,013,482. Annual sale of 13,322 ounces of gold at an [...]
Mr. Renaud Hinse, President and Chief Executive Officer of Abcourt Mines is please to announce that the first 1,788 meters, in eleven (11) surface diamond drill holes, have been completed to-date at the Elder mine. Good results have been obtained in vein #3 and vein #4. See table below: Hole no. From meters To meters Length meters Grade [...]
Mr. Renaud Hinse, President and Chief Executive Officer of Abcourt Mines announces that a review of available documents at the Sleeping Giant mine indicates that more than fifty (50) underground holes were drilled after the last Press Release by Aurbec Mines Inc on May 26, 2014. Fourteen (14) of these holes cut high gold values. These intersections [...]
Abcourt Mines announces a 5,000 to 7,000-meter surface drilling program at the Elder mine. Most of the drilling will be done to outline and expand known gold mineralized zones and to justify access drifts between the 4th level and surface. Others will be used to check some existing showings and hopefully will confirm new zones. About Abcourt Mines [...]
Mr. Renaud Hinse, President and Chief Executive Officer of Abcourt Mines announces good results for the third quarter ended on March 31, 2017. Management is pleased to announce that the Sleeping Giant mill treated all the gold mineralization extracted from the Elder mine during the third quarter and the gold recovery was 96.1%. The Company [...]
Abcourt Mines is pleased to announce that it has signed an agreement with Arrowhead Business and Investment Decisions, to advise on investor relations and shareholder communications. Arrowhead is a New York City-based consulting firm, which advises public companies on investor relations, financial communications and capital markets strategies [...]
Mr. Renaud Hinse, President and Chief Executive Officer of Abcourt Mines announces good results for the second quarter ended on December 31, 2016. Management is pleased to announce that the Sleeping Giant mill treated all the gold mineralization extracted from the Elder mine during the second quarter and the gold recovery was 95.7%. Additional [...]
Mr. Renaud Hinse, President and Chief Executive Officer of Abcourt Mines is pleased to announce that 10 surface holes were drilled, for a total of 2,462 meters, on the Abcourt-Barvue property located near Val-d'Or, Quebec, Canada, and in most cases, excellent results were obtained. See below:
Mr. Renaud Hinse, President and Chief Executive Officer of Abcourt Mines announces that the Company closed a non-brokered private placement for an amount of $533,550. The Private Placement consisted in the sale of 168 units at a price of $850 each and of 3,907,500 flow-through shares at a price of $0.10 per flow-through share. Each unit is [...]
