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Additions to the Update on the Abcourt-Barvue Feasibility Study
(via TheNewswire) Rouyn-Noranda, Quebec, Canada / TheNewswire / May 2 , 2019 ...
About this update from Abcourt Mines, Inc. Class B
[{"type":"text","content":"Additions to the Update on the Abcourt-Barvue Feasibility Study(via TheNewswire)\n \n \nRouyn-Noranda, Quebec, Canada / TheNewswire / May 2, 2019 - Following a verification by the Autorite des Marches du Quebec, we learned that we had to modify item 25 of the technical report by adding a discussion on the substantial risks and uncertainty which are reasonably susceptible to affect the reliability of the mineral resources or mineral reserves and the expected economical results or on the trust that we may have on them. In addition, the qualified persons have to describe the repercussions reasonably foreseeable from theses risks and uncertainty on the economical viability of the project\n\n \n \nBesides, the qualified persons have to file their consent with the filing of the technical report on Sedar.\n\n \n \nThese modifications are now incorporated in the technical report filed today. The economic analysis has not been modified and the project remains very interesting. \n\n \n \nABOUT ABCOURT MINES INC.\n\n \n \nAbcourt Mines Inc. is a gold producer and a Canadian exploration company with strategically located properties in northwestern Quebec, Canada. The Elder property has gold resources (2018) and a positive P.E.A. study (2012). Abcourt is focusing on the exploitation of the Elder mine.\n\n\n \nThe Abcourt-Barvue property has silver-zinc reserves (2019). A feasibility study was completed in 2007 by Roche / Genivar. An update was completed in January 2019. \n\n\n \nIn 2016, Abcourt acquired the Sleeping Giant mine and mill, located half-way between Amos and Matagami, in Abitibi, Quebec, in the territory covered by the Plan Nord of the Quebec government. The mill has a capacity of 700 to 750 tonnes per day. A NI 43-101 resource estimate was recently filed. Some custom milling is now being done.\n\n\n \nTo know more about Abcourt Mines Inc. (TSXV: ABI), please visit our web site at www.abcourt.com and consult our filings under Abcourt's profile on www.sedar.com.\n\n\n \nThis press release was prepared by Mr. Renaud Hinse, Engineer and President of Abcourt Mines Inc. Mr. Hinse is a \"Qualified Persons\" under the terms of Regulation 43-101. Mr. Hinse has approved the scientific and technical disclosure.\n\n \n \nFORWARD LOOKING STATEMENTS\n\n \n \nThis news release contains forward-looking statements that include risks and uncerta...