Abcourt Presents Operations Update for October 2025 in the Development of the Sleeping Giant Mine

About this update from Abcourt Mines, Inc. Class B

[{"type":"text","content":"Abcourt Presents Operations Update for October 2025 in the Development of the Sleeping Giant Mine\n\n\n\n ROUYN-NORANDA, Quebec, Nov. 11, 2025 (GLOBE NEWSWIRE) -- Abcourt Mines Inc. (“\n \n Abcourt\n \n ” or the “\n \n Corporation\n \n ”)\n \n (TSX Venture: ABI) (OTCQB: ABMBF)\n \n is pleased to present an update on the October development work at the Sleeping Giant mine, located in the Eeyou Istchee region of Quebec.\n \n\n\n Highlights\n \n\n\n\n\n\n\n Tonnes milled:\n \n\n\n 2,563 tonnes\n \n\n\n\n\n\n\n\n\n\n\n Mill Head Grade:\n \n\n 6.0 g/t\n \n\n\n\n\n\n\n\n\n\n % Recovered:\n \n\n 95.6%\n \n\n\n\n\n\n\n\n\n\n Ounces Produced:\n \n\n 475 ounces\n \n\n\n\n\n\n\n\n\n\n Ounces Sold:\n \n\n 124 ounces\n \n\n\n\n\n\n\n\n\n\n Abcourt continued hiring in October to increase feed tonnage at the mill. Hiring will continue in the coming weeks to further increase mill feed volume. The Corporation received the custom milling permit in October to start discussion with neighbors about processing third party materials.\n \n\n As of October 31, one stope was in production and two were under development underground. At the tailings facilities, civil engineering work continued in preparation for the planned lift in the summer of 2026. The number of diamond drill rigs increased from two to three during October. The variation in diamond drilling meterage from month to month is due, in part, to the number of drill rig moves during the month. The decrease in drift rehabilitation meterage in October was due to crews being redeployed to the shaft station rehabilitation at levels 235, 295, and 355.\n \n\n Pascal Hamelin, President and CEO, stated: “We are continuing to advance development and production underground and at the mill. Our priority remains the hiring, onboarding, and training of new employees. We went from 76 employees at the end of June to 106 at the end of October plus the addition of contractors to support us.”\n \n\n\n Communication and Marketing\n \n\n\n Abcourt has been busy in October taking the words out about the current gold pour and the advancement of our projects.\n \n\n Early in the month, the Corporation had a booth at the Munich Mining conference to introduce its achievement to the European investors. Later, we had investors coming to the mine site to show them first hands how ...

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