Abcourt Intersects 41.6 g/t Over 0.7 Metre in the 785N Zone at Depth of the Sleeping Giant Mine and Appoints a New Director

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[{"type":"text","content":"Abcourt Intersects 41.6 g/t Over 0.7 Metre in the 785N Zone at Depth of the Sleeping Giant Mine and Appoints a New Director\n\n\n\n ROUYN-NORANDA, Quebec, Feb. 13, 2025 (GLOBE NEWSWIRE) --\n \n Abcourt Mines Inc. (“Abcourt” or the “Corporation”) (TSX Venture: ABI)\n \n\n (OTCQB: ABMBF)\n \n announces the results of the first holes of its drilling program to develop the deep mining potential of the Sleeping Giant mine.\n \n\n In January 2025, Abcourt completed 2 underground drill holes totaling 928 metres from level 785. The highlights of the analysis results, included in this press release, are as follows:\n \n\n\n Holes 78-885 and 78-886 intersected the 785N Zone at targeted depths (\n \n 41.6 g/t over 0.7m\n \n in hole 78-886).\n \n\n\n\n Holes 78-885 and 78-886 intersected other mineralized intervals outside the mineral resource estimation model (2022 MRE):\n \n\n\n\n\n 15.44 g/t Au over 3 metres\n \n including\n \n 54.7 g/t over 0.6m\n \n and in hole 78-885; and\n \n\n\n\n\n 29.13 g/t Au over 0.6\n \n metres in hole 78-886.\n \n\n\n\n\n\n\n Pascal Hamelin, President and CEO, comments:\n \n “We are very excited to see good drilling results in this intact area of ​​the mine. This could open the door to a whole new and rich extraction zone with additional drilling. In addition, this sector is located above the lower level of mine. The shaft and mining infrastructure are well advanced in this sector to quickly convert mineral resources into a source of income within a few quarters.”\n \n\n The main results 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 Interval\n \n\n\n\n Au\n \n\n\n\n Vein\n \n\n\n\n\n\n (m)\n \n\n\n\n (m)\n \n\n\n\n (m)\n \n\n\n\n (g/t)\n \n\n\n\n\n\n 78-885\n \n\n\n\n\n 272.50\n \n\n 273.80\n \n\n 1.30\n \n\n 6.70\n \n\n 785N Vein\n \n\n\n\n\n\n and\n \n\n 379.00\n \n\n 380.00\n \n\n 1.00\n \n\n 35.20\n \n\n Intervals deeper than 785N Vein not included in MRE 2022.\n \n\n\n\n\n\n\n and\n \n\n 386.00\n \n\n 389.00\n \n\n 3.00\n \n\n 15.44\n \n\n\n\n\n\n Including\n \n\n 386.00\n \n\n 386.60\n \n\n 0.60\n \n\n 54.7\n \n\n\n\n\n\n and\n \n\n 398.20\n \n\n 399.70\n \n\n 1.50\n \n\n 12.26\n \n\n\n\n\n\n Including\n \n\n 399.10\n \n\n 399.70\n \n\n 0.60\n \n\...

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