Abcourt Intersects 24.3 g/t Over 1.9 m Including 41.9 g/t Over 0.6 m in the 785N Zone and Provides an Update on Its Sleeping Giant Activities

About this update from Abcourt Mines, Inc. Class B

[{"type":"text","content":"Abcourt Intersects 24.3 g/t Over 1.9 m Including 41.9 g/t Over 0.6 m in the 785N Zone and Provides an Update on Its Sleeping Giant Activities\n\n\n\n ROUYN-NORANDA, Quebec, May 08, 2025 (GLOBE NEWSWIRE) --\n \n Abcourt Mines Inc. (“Abcourt” or the “Corporation”) (TSX Venture: ABI) (OTCQB: ABMBF)\n \n is pleased to report new drilling results and an update on its activities at the Sleeping Giant mine.\n \n\n In 2025, Abcourt completed 36 underground drill holes totaling 5,632 meters. Of these holes, seven target the 785N zone and the underlying areas for a total of 3,316 meters. This 785N zone is in a new sector to the east and at depth of the developed sectors of the mine. After releasing the results of two of these holes earlier this year, Abcourt is today releasing the results of two more holes, 78-888 and 78-890.\n \n\n The highlights included in this press release are as follows:\n \n\n\n Hole 78-890 intersected the 785N Zone at the targeted depth (\n \n 24.3 g/t over 1.9 metres including 41.9 g/t over 0.6 metres\n \n );\n \n\n Abcourt will add a third underground drill rig to accelerate its resource conversion drilling program at the upper levels of the mine;\n \n\n Abcourt continues work in anticipation of the closing of previously announced financing which will enable the mine to develop towards production.\n \n\n\n\n\n Pascal Hamelin, President and CEO, comments:\n \n “Since underground drilling began in the fall of 2023, our goal has been to increase the quality and quantity of the mineral resources at Sleeping Giant. This drilling, along with the work accomplished by our Sleeping Giant team, has allowed us to build a solid financial plan for mine development and rapid production ramp-up. Indeed, our surface and underground infrastructure are in very good condition, which will allow us to quickly develop the mine towards a profitable production. Furthermore, we are very excited to see this new promising sector 785N near our underground infrastructure. We believe that we will be able to extend the life of the mine once it is in production.”\n \n\n The main results of holes 78-888 and 78-890 are displayed in Table 1:\n \n\n\n\n\n Table 1: Main Underground Drilling Results\n \n\n\n\n\n\n DDH\n \n\n\n\n\n From\n \n\n\n\n To\n \n\n\n\n Intervalle\n \n\n\n\n Au\n \n\n\n\n Vein\n ...

More updates from Abcourt Mines, Inc. Class B