Business
Corrections to the Information on the Resources at The Sleeping Giant Mine on the Press Releases
(TheNewswire) Rouyn-Noranda, Quebec, Canada - TheNewswire - O...
About this update from Abcourt Mines, Inc. Class B
[{"type":"text","content":"Corrections to the Information on the Resources at The Sleeping Giant Mine on the Press Releases\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n Rouyn-Noranda,\n \n \n Quebec,\n \n \n Canada -\n \n \n TheNewswire\n-\n \n \n October 5,\n \n \n 2020\n \n \n \n \n Abcourt Mines Inc.\n(TSXV:ABI\n \n \n )\n \n \n (\n \n \n Berlin: AML-BE and Frankfurt Stock Exchanges: AML-FF)\n \n \n (\"\n \n \n Abcourt\n \n \n \" or the\n \n \n \"\n \n \n Corporation\n \n \n \"\n \n \n ),\n \n \n reports a mistake\nin the indication of the classification of the resources of the\nSleeping Giant mine in its press releases issued since August 2019,\nunder the section\n \n \n \"ABOUT\nABCOURT MINES INC.\"\n \n \n The last sentence of\n \n \n \n \n this section\nshould read as follows (modifications are in italic):\n \n \n \n \n \"\n \n \n Measured\n \n \n mineral\n \n \n resources\n \n \n total 10,900 tonnes with a grade of\n12.20 g/t of gold and\n \n \n indicated resources\n \n \n total 475,625 tonnes with\na grade of 11.\n \n \n 20\n \n \n g/t of gold. Inferred resources are 93,100 tonnes with a\ngrade of 11.85 g/t of gold\".\n \n \n \n \n This press release was prepared by Mr. Renaud Hinse,\nEngineer and President of Abcourt Mines Inc. Mr. Hinse is a\n\"Qualified Person\" under the terms of Regulation 43-101. \nMr. Hinse has approved the scientific and technical disclosure.\n \n \n \n \n ABOUT ABCOURT MINES INC.\n \n \n \n \n Abcourt Mines Inc. is a gold producer and a Canadian\nexploration company with strategically located properties in\nnorthwestern Quebec, Canada. The Elder property has gold resources\n(2018). Abcourt is currently focusing on the exploitation of the Elder\nmine.\n \n \n \n \n In 2016, Abcourt acquired the Sleeping Giant mine and\nmill, located half-way between Amos and Matagami, in Abitibi, Province\nof Quebec. The mill has a capacity to treat 700 to 750 tonnes per day.\nMeasured mineral resources total 10,900 tonnes with a grade of 12.20\ng/t of gold and indicated resources total 475,625 tonnes with a grade\nof 11.20 g/t of gold. Inferred resources are 93,100 tonnes with a\ngrade of 11.85 g/t of gold. A NI 43-101 feasibility study was\ncompleted in July 2019 by PRB Mining Services Inc.\n \n \n \n \n The Abcourt-Barvue property has silver\n \n \n -\n \n \n zinc reserves (2019). A feasibility\nstudy was completed in 2007 by Roche ...