Abcourt Mines Inc. is pleased to announce its first Mineral Resource Estimate for the Flordin Project, a 100% owned gold deposit located in the Abitibi greenstone belt, 85 km east of the Sleeping Giant plant 100% owned by Abcourt, and 30 km north of the town of Lebel-sur-Quévillon, Quebec. Figure 1: Regional Map This MRE reflects the results of [...]
Abcourt Mines and Pershimex Resources are pleased to announce that Abcourt has completed the previously announced acquisition of all of the issued and outstanding common shares of Pershimex by way of a three-cornered amalgamation under the Canada Business Corporations Act. Pursuant to the Amalgamation, Abcourt acquired all of the issued and [...]
Abcourt Mines Inc. announces that the closing of the merger with Pershimex Resources Corp. , previously announced on November 21, 2022, is expected to proceed by May 15, 2023 . Pursuant to an amended merger agreement between the parties, Pershimex shareholders will receive on the Effective Date 0.5712 non-consolidated Abcourt common share for each [...]
Abcourt Mines Inc. is pleased to announce its first Mineral Resources Estimate for the Discovery Project, a wholly-owned gold deposit located in the Abitibi greenstone belt, 80 km east of the Sleeping Giant plant 100% owned by Abcourt, and 35 km north of the town of Lebel-sur-Quévillon, Quebec. Figure 1: Regional Map This MRE reflects the results [...]
Abcourt Mines Inc. is pleased to announce that the cleanup of its Sleeping Giant mill has continued with the recovery and sale of 2,394 ounces of gold during the quarter ended March 31, 2023. Abcourt commissioned a firm specializing in gold processing plant cleaning in August 2022. This firm began cleaning the plant in September and concluded the [...]
Abcourt Mines Inc. is proud to present its objectives for the next year following the update of the Mineral Resource Estimate at the Sleeping Giant mine, as well as a corporate update. 2023 Objectives Starting with the 2022 ERM at Sleeping Giant, Abcourt is working with several independent firms to complete a preliminary economic study for a rapid [...]
Abcourt Mines Inc. announces its results for the second quarter ended December 31, 2022. Highlights for the Quarter ended December 31, 2022 Revenue of $4,118,938 for the quarter ended December 31, 2022 from the sale of gold ounces from the cleaning of the Sleeping Giant processing plant. Profit of $310,151 and adjusted net profit of $477,855 [...]
Abcourt Mines Inc. is pleased to announce that it has filed the Mineral Resources Estimate technical report in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects on its 100% owned Sleeping Giant Mine. The technical report entitled "NI 43-101 Technical Report and Mineral Resource Estimate for the Sleeping Giant [...]
Abcourt Mines Inc. is pleased to announce the results of its Annual and Special meeting of shareholders held on December 20, 2022 . The shareholders elected each of the nominees presented in the management circular relating to the Meeting, namely: Pascal Hamelin Chief Executive Officer since April 2022, Daniel Adam, René Branchaud, Renaud Hinse [...]
Abcourt Mines Inc. is pleased to announce that cleaning its Sleeping Giant Mill continues with the recovery of 1,662 ounces of gold since October 1, 2022. Indeed, Abcourt mandated a firm specializing in gold mill cleanup in August 2022. This firm started cleaning the mill in September and continues the gold recovery process. Abcourt plans to [...]
Abcourt Mines Inc. is pleased to announce an updated Mineral Resource Estimate for the Sleeping Giant Mine, a 100% owned high-grade gold deposit located in the Abitibi Greenstone Belt, 80 km north of the city of Amos, Quebec. This MRE reflects the results of approximately 1.19 million meters of drilling, of which 9,281 meters were carried out by [...]
Rouyn-Noranda, November 28, 2022 - Abcourt Mines Inc. announces its results for the first quarter ended September 30, 2022, representing a net loss of $1,144,563, and an adjusted net loss of $1,056,172, compared to an adjusted net result of $768,353 for the same period in 2021. The financial results announced today are the result of the cessation [...]