Abcourt Mines, Inc. Class B · TSXV:ABI

Abcourt Mines, Inc. Class B — Investor Presentation (October 2024)

29 slides from Abcourt Mines, Inc. Class B's investor presentation, October 2024

  1. Slide 1: Awakening the Giant

    Awakening the Giant Building a mining camp around the Sleeping Giant Mine & Mill October 2024

  2. Slide 2: Forward-Looking Statements

    FORWARD- LOOKING STATEMENTS Except for statements of historical facts, some statements contained in this presentation, constitute forward looking statements, including, without limitation, anticipated developments in the Company’s operations in future periods and other events or conditions that may

  3. Slide 3: Why Invest in Abcourt?

    Why Invest in Abcourt?  Gold extraction through its 100%-owned Sleeping Giant Mine and Mill, which includes an updated resource, a positive Preliminary Economic Assessment, an operational and fully permitted 900 tpd mill with all surface, and underground infrastructure in place. Sleeping Giant bega

  4. Slide 4: Experienced Board Focused on Shareholder Value

    Experienced Board Focused on Shareholder Value Pascal Hamelin│ CEO & Director François Mestrallet │ Director Loïc Bureau │ Chairman  Mining engineer with 32 years of experience in  A veterinarian and member of the “École  Geological engineer since 2006 nationale vétérinaire” of Lyon, France since

  5. Slide 5: Experienced Team of Mine Builders & Operators

    Experienced Team of Mine Builders & Operators Pascal Hamelin, ing. │ President & CEO Christine Lefebvre (CPA, CA) │ CFO  Mining engineer with 33 years of experience in project  Accountant with over 10 years experience in public listed management, and operating mines. companies  Has years of exper

  6. Slide 6: Capital Structure

    Capital Structure Retail Capital Structure Investors 43% As of 2024-09-01 Officers & Directors Shares Outstanding: 695,713,159 45% Warrants: 307,111,656 Options: 31,497,600 Fully Diluted: 1,034,322,415 Institutional 52w high/low S.P. : $ 0.03-$0.07 Investors HNW Investors 1% 11% 3M daily volume avg:

  7. Slide 7: Leading Quebec Project Portfolio

    Gold asset Leading Zn-Pb-Ag asset 1 Sleeping Giant Mine & 750 tpd Mill Quebec Project Cu asset 1 Sleeping Giant (100%) Portfolio 2 Laflamme (24.6%) 3 Discovery (100%) 4 Flordin (100%) 5 Cameron Shear (50%) 6 Jonpol (100%) 7 Elder Mine & Tagami (100%)  ~510 km2 of strategic 8 Aldermac - Cu (100%) la

  8. Slide 8: Sleeping Giant: Positive PEA leading to a Pre-Feasibility

    Sleeping Giant: Positive PEA leading to a Pre-Feasibility Base Case Scenario : Gold Price : 1800 $ US/oz, Exchange Rate : 1.00 USD = 1.30 CAD, Discount Rate : 5 %  NPV5% after taxes and mining duties (M CAD) 54.4  IRR after taxes and mining duties (%) 33.3  Initial Capital Costs (preproduction) (

  9. Slide 9: Sleeping Giant: Infrastructure Summary

    Sleeping Giant: Infrastructure Summary High-grade historical gold All infrastructure in place & Fully permitted operation mine operational  Over 1987 to 2014, 3.36M tonnes  CIP mill with an optimal rate of 800  Mining leases and environmental mined at 10.29 g/t Au to produce tpd processed ore fro

  10. Slide 10: Sleeping Giant: Demonstrating Resource Upside

    Sleeping Giant: Demonstrating Resource Upside December 2022 NI 43-101 Compliant Mineral Resource Estimate (MRE)  Modeled 846 distinct gold structures Category Tonnes g/t Au Gold (oz) from 1.19 million metres of drilling ‒ Many structure yet to be fully explored M&I resources 755,000 7.14 173,300 

  11. Slide 11: Sleeping Giant Mine: Notes to the 2022 MRE

    Sleeping Giant Mine: Notes to the 2022 MRE Notes to the Sleeping Giant 2022 MRE i. The independent and qualified persons for the 2022 MRE, as defined by NI 43-101 are Olivier Vadnais-Leblanc, P. Geo. and Eric Lecomte, ing, all from InnovExplo Inc. ii. These mineral resources are not mineral reserves

  12. Slide 12: Sleeping Giant: Resources Upsized Potential

    Sleeping Giant: Resources Upsized Potential Surface Surface Niv. 235 Niv. 235 Niv. 295 Niv. 295 Niv. 355 Niv. 355 Niv. 415 Niv. 415 Mined Out PEA High Grade 785 N Definition targets Looking West Looking North Looking West Looking North Surface Niv. 235 Niv. 295 Niv. 355 Niv. 415 abcourt.ca 12 TSX-V:

  13. Slide 13: Sleeping Giant: Untapped Mine Potential

    Sleeping Giant: Untapped Mine Potential Looking North-East Looking North-West Exploration Targets close to the mine Mined out Exploration Targets abcourt.ca 13 TSX-V: ABI

  14. Slide 14: Sleeping Giant: Excellent Regional Potential

    Sleeping Giant: Excellent Regional Potential Mining Lease Property Boundary Drill Holes Au Intercepts over 10 gpt Historical Data (1988) Hole 411-7 48.4 gpt Au over 0.7m abcourt.ca 14 TSX-V: ABI

  15. Slide 15: Flordin Deposit: New Discovery South of the 2023 MRE

    Flordin Deposit: New Discovery South of the 2023 MRE • Cambior identified a different mineralization from previous drilling in 1988 in hole S-158 late in a drill campaign. • Abcourt identified the same type of mineralization in hole FL-23- 265, 1 km East of S-158. • Abcourt exposed the same type of

  16. Slide 16: Flordin Deposit: New Discovery South of the 2023 MRE

    Flordin Deposit: New Discovery South of the 2023 MRE abcourt.ca 16 TSX-V: ABI

  17. Slide 17: Flordin Deposit: New Discovery Next Steps

    Flordin Deposit: New Discovery South of the 2023 MRE Next Steps • Strip a larger area between stripped areas to continue to expose the structure along strike. October 2024 • Drill the extension of hole S-158 to the East. November 2024 abcourt.ca 17 TSX-V: ABI

  18. Slide 18: Flordin Deposit: Building Resources near the Sleeping Giant Mill

    Flordin Deposit: Building Resources near the Sleeping Giant Mill  Sub-vertical deposit beginning with open pit on surface with May 2023 NI 43-101 Compliant Mineral Resource Estimate (MRE) underground extension evaluated with long hole mining parameters. Potential room & pillars Potential open pit m

  19. Slide 19: Flordin Deposit: Notes to the 2023 MRE

    Flordin Deposit: Notes to the 2023 MRE Flordin Deposit: Notes to the 2023 MRE 1. The effective date of the 2023 MRE is May 15, 2023. 2. The independent and qualified persons (as defined by NI 43-101) for the 2023 MRE are Olivier Vadnais-Leblanc, P.Geo., Carl Pelletier, P.Geo., Eric Lecomte, P.Eng.,

  20. Slide 20: Flordin Deposit: A new mineralized zone extending over 3 km

    Flordin Deposit: A new mineralized zone extending over 3 km  Historical drilling by Cambior in 1988, historical drilling done by North American Palladium in 2011, and more recently in 2023 by Abcourt, all described a magnetic mafic bands, strongly altered and mineralized, brecciated, carbonated, he

  21. Slide 21: Discovery Deposit: Building Resources near the Sleeping Giant Mill

    Discovery Deposit: Building Resources near the Sleeping Giant Mill  Sub-vertical deposit beginning on surface with underground April 2023 NI 43-101 Compliant Mineral Resource Estimate (MRE) extension  The Discovery deposit is 80 km East of the Sleeping Giant Mill. Discovery Deposit  This MRE refl

  22. Slide 22: Discovery Deposit: Notes to the 2023 MRE

    Discovery Deposit: Notes to the 2023 MRE Discovery Deposit: Notes to the 2023 MRE 1. The effective date of the 2023 MRE is Mars 28, 2023. 2. The independent and qualified persons (as defined by NI 43-101) for the 2023 MRE are Olivier Vadnais-Leblanc, P.Geo., Simon Boudreau, P.Eng.,and Eric Lecomte,

  23. Slide 23: Abcourt-Barvue Zn-Ag Project

    Abcourt-Barvue Zn-Ag Project Abcourt-Barvue Project: Historical Resource Estimate Category Type Tonnes % Zn g/t Ag ZnEq 100% owned M&I resources Combined 8,083,000 3.06 55.45 N/A Inferred resources Combined 2,037,000 2.89 114.16 N/A Historical Resources were estimated in a NI 43-101 technical report

  24. Slide 24: 2024 Objectives

    2024 Objectives Growing & Advancing Sleeping Giant  23,000 m expansionary UG drill program at Sleeping Giant (Began in December 2023)  Update mineral resources estimate, and Prefeasibility (2025)  Mine and process material from Sleeping Giant (began in April 2024) Corporate Initiatives  Process

  25. Slide 25: Why Abcourt?

    Why Abcourt? 1 Produce gold Contact Us 2 Growing development company  475, avenue de l’église, Rouyn-Noranda, Quebec  info@abcourt.com Investor Relations: 3 Resource growth potential  Dany.Cenac-Robert@ReseauProMarket.com 4 Many upcoming catalysts abcourt.ca 25 TSX-V: ABI

  26. Slide 26: Abcourt Mines Inc.

    A BCOURT MINES INC, ablicourt.ca 26 TSX-V: ABI

  27. Slide 27: Sleeping Giant Mill: Process Flowsheet

    Sleeping Giant Mill: Process Flowsheet InnovExplo - Expertise minière abcourt.ca 27 TSX-V: ABI

  28. Slide 28: Sleeping Giant: Block Model, Plan view

    Sleeping Giant: Block Model, Plan view InnovExplo - Expertise minière abcourt.ca 28 TSX-V: ABI

  29. Slide 29: Courville Property

    Courville Property Pershing-Manitou NI 43-101 Resource Estimate Pershing Manitou Project Type Category Tonnes g/t Au Gold (oz) Open pit M&I resources 9,600 6.93 2,140  124 km southeast of Sleeping Giant Mill and 65 km northeast of Inferred resources 500 0.62 10 Val-d’Or Underground M&I resources 23

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