Exciting Drilling Campaign Commences at Flordin Property

Exciting Drilling Campaign Commences at Flordin Property

Abcourt Mines Inc. (TSX Venture: ABI) (OTCQB: ABMBF) is thrilled to initiate its drilling campaign on the Flordin Property. This significant phase, encompassing at least 3,000 metres of drilling, is targeted across two distinct sectors: the Cartwright sector and the Flordin sector.

Drilling Work Overview

The initial phase will involve over 1,000 metres of drilling, focusing on short holes located directly underneath the 2024 stripping of the Cartwright Zone. This new drilling activity aims to validate the previously reported results from the No. 6, No. 8, and No. 11 channels announced a few months prior. These crucial insights reflect the exciting gold potential that lies beneath the property.

Channel Insights

Notable findings from the channels include:

• Channel 6: 22.7 g/t gold over 7 metres, with a peak of 162 g/t gold over 0.5 metres; Metal Factor (X Thickness Content): 159.
• Channel 8: 5.4 g/t gold over 10 metres, featuring 38 g/t gold over 0.5 metres; Metal Factor: 54.
• Channel 11: 10.4 g/t gold across 12 metres, including an impressive 50 g/t gold over 0.5 metres; Metal Factor: 124.

Furthermore, the campaign plans to extend over 2,000 metres of deep drilling beneath and around the South Zone of the Flordin deposit. Discovered in 1988, this area showed promising gold intersections, including one drill hole that revealed 3 g/t gold over 16 metres. The drilling logs suggest that the high-grade gold mineralization aligns with that observed in the Cartwright zone, hinting at a continuous mineralized corridor extending approximately 2 kilometres.

Company Insights from Leadership

"This first phase of drilling work, which has been fully funded, marks the beginning of our ambitious development strategy for the Flordin project," stated Pascal Hamelin, President and CEO of Abcourt Mines. "Should we confirm the mineralization similarities between the Cartwright and Flordin areas, we could establish a substantial high-grade gold corridor exceeding 2 kilometres, which would significantly boost the gold reserves on our property."

Qualified Technical Oversight

The technical information contained in this announcement has been reviewed and approved by Robert Gagnon, P.Geo., and the Company’s Vice-President of Exploration. This thorough vetting ensures that the data shared is both credible and relevant to investors and stakeholders.

About Abcourt Mines Inc.

Abcourt Mines Inc. is a prominent Canadian exploration company actively developing strategically located properties in northwestern Quebec. Among its key assets is the Sleeping Giant mine and mill, where significant development activities are concentrated. As the company advances its initiatives, stakeholders can expect the ongoing exploration and enhancement of its existing resources.

For comprehensive information about Abcourt Mines Inc., feel free to reach out to our dedicated team:

• Pascal Hamelin
  President and Chief Executive Officer
  T: (819) 768-2857
  Email: phamelin@abcourt.com
• Dany Cenac Robert
  Investor Relations
  Reseau ProMarket Inc.
  T: (514) 722-2276 ext.: 456
  Email: dany.cenac-robert@reseaupromarket.com

Frequently Asked Questions

What is the purpose of the drilling campaign on the Flordin Property?

The drilling campaign aims to explore and validate gold mineralization across the Flordin Property, particularly beneath the Cartwright and Flordin sectors.

How much drilling is planned for this campaign?

A minimum of 3,000 metres of drilling is planned, with significant portions focused on both shallow and deep exploration.

Who is overseeing the drilling project?

The project is overseen by Robert Gagnon, P.Geo., the Vice-President of Exploration at Abcourt Mines, ensuring technical integrity of the information gathered.

What historical results support the current drilling efforts?

Previous drilling in the area revealed impressive gold intersections, reinforcing the likelihood of discovering further high-grade mineralization.

How can I stay updated on Abcourt's exploration activities?

For ongoing updates, stakeholders can follow company press releases, visit the Abcourt Mines website, or contact their investor relations team directly.

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