Abcourt Advances Exploration with Second Stripping Phase Success

Abcourt Completes Second Stripping Phase on Flordin Property

Abcourt Mines Inc. (TSX Venture: ABI) (OTCQB: ABMBF) is excited to announce the successful completion of channel sampling in the second stripping phase on its Flordin property. This latest phase has unveiled three significant historical mineralized zones, which extend over 200 metres long and are 20 metres wide, remaining open to exploration in both lateral directions. The identified zones, originating from the former Cartwright mine, are delineated as follows:

Identified Mineralized Zones

The three mineralized zones are categorized as:

• Little Joe: located to the north;
• Horse: positioned centrally;
• Adam: situated to the south.

This phase enabled the collection of 283 channel rock samples, which were promptly dispatched to the MSALABS laboratory in Val-D’Or. The seven new channels include extensions from earlier channels, with each channel measuring 0.5 metres in length and interconnected. Typically, these channels reach a depth of 6 to 8 cm and are oriented perpendicularly to the mineralized zones that run east-west with a sub-vertical dip.

Characteristics of the Mineralization

Each mineralized zone is characterized by bands of pyrite, silica, and hematite enveloped within sheared basalt. The thickness of these bands varies, ranging from a few centimetres up to several metres, and they are separated by approximately 5 metres of non-mineralized rock which is itself gold-bearing. This detailed mapping and correlation of the zones enhance the comprehension of the geology and enrich the exploration potential.

Significance of Recent Findings

The recent work not only connected the strippings along a lateral expanse of over 200 metres but also extended the length of individual channels significantly. The early channeling phase averaged channels of around 7 metres, while the new phase boasts lengths averaging an impressive 18 metres. This development exposes over 200 metres of high-grade gold mineralization akin to findings reported by Cambior to the south of the Flordin deposit (South Zone).

Future Exploration and Expectations

There's an evident correlation between the mineralization described in historical work for the South Zone and the findings within the Cartwright sector, located only 2 km to the east. Moreover, Pascal Hamelin, President and CEO, expressed enthusiasm regarding the analytical outcomes from this recent work. He emphasized the adeptness of Abcourt's team, illustrating that they managed to complete over 140 metres of channel sampling and expedite sample shipment within a fortnight after receiving the necessary permits.

Leadership and Vision

Hamelin highlighted the importance of this efficiency in not just exploring their Flordin property but also in parallel advancing operations at the Sleeping Giant mine. His confidence reflects the commitment to quality exploration and mining development.

About Abcourt Mines Inc.

Abcourt Mines Inc. is a Canadian enterprise focused on mineral exploration. It strategically holds critical properties in northwestern Quebec, including the Sleeping Giant mine and mill, manifesting its priorities in gold mining and development. The company’s approach emphasizes diligent exploration practices and meticulous sample testing to ascertain the mineral wealth of their properties.

Frequently Asked Questions

What recent achievement has Abcourt Mines announced?

Abcourt Mines has completed channel sampling in the second stripping phase at their Flordin property, identifying three significant mineralized zones.

What are the dimensions of the mineralized zones identified?

The identified zones have lengths of over 200 metres, with widths of approximately 20 metres, and remain open to exploration laterally.

What types of mineralization were found?

The mineralized zones are characterized by bands of pyrite, silica, and hematite present in sheared basalt.

What are the future plans of Abcourt Mines?

Abcourt intends to continue its exploration and development activities both at the Flordin property and at the Sleeping Giant mine, aiming for further analytical results in the near future.

How can one learn more about Abcourt Mines Inc.?

More information about Abcourt Mines Inc. can be found on their official website and by viewing their filings under the company's profile on relevant financial reporting platforms.

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