Abcourt Mines, Inc. Class B · TSXV:ABI

Abcourt Mines, Inc. Class B — Investor Presentation (June 2023)

20 slides from Abcourt Mines, Inc. Class B's investor presentation, June 2023

  1. Slide 1: Awakening the Giant

    Awakening the Giant Building a mining camp around the Sleeping Giant Mine & Mill June 2023

  2. Slide 2: Forward-Looking Statements

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

  3. Slide 3: Why Invest in Abcourt?

    Why Invest in Abcourt?  Growing development company with ~510 km2 of strategic landholdings and 13 early-to-advanced stage gold projects across in the major gold district of the Abitibi Greenstone belt in Quebec  Near term gold producer through its 100%-owned Sleeping Giant Mine, which includes an

  4. Slide 4: Experienced Board Focused on Shareholder Value

    Experienced Board Focused on Shareholder Value François Mestrallet │ Chairman Pascal Hamelin│ CEO & Director Nicole Veilleux │ Director & President of  A veterinarian and member of the “École  Mining engineer with 32 years of experience in Audit Committee nationale vétérinaire” of Lyon, France sin

  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 32 years of experience in mining and  Accountant with over 10 years experience in public listed project management companies  Has years of experience in un

  6. Slide 6: Capital Structure

    Capital Structure Officers & Directors Capital Structure 32% Retail Investors As of 2023-05-15 51% Shares Outstanding: 428,108,503 Warrants: 45,891,960 Options: 10,654,400 Fully Diluted: 484,654,863 52w high/low S.P. : $0.035-$0.085 3M daily volume avg: +/-400,000 Private Investors Institutional 16%

  7. Slide 7: Leading Quebec Project Portfolio

    Gold asset Leading Base metal asset 1 Sleeping Giant Mine & 750 tpd Mill Quebec Project 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 Abcourt-Barvue - Zn (100%) lan

  8. Slide 8: 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 

  9. Slide 9: 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

  10. Slide 10: 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) (

  11. Slide 11: Sleeping Giant: Infrastructure Summary

    Sleeping Giant: Infrastructure Summary High-grade historical gold All infrastructure in place & Fully permitted to resume mine operational operations  Over 1987 to 2014, 3.36M tonnes  750 tpd CIP mill processed ore from  Mining leases and environmental mined at 10.29 g/t Au to produce the Elder M

  12. Slide 12: 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

  13. Slide 13: 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,

  14. Slide 14: 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

  15. Slide 15: Flordin Deposit: Notes to the 2023 MRE

    Discovery 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.

  16. Slide 16: 2023 Objectives

    2023 Objectives Growing & Advancing Sleeping Giant  Publish the Technical Report for the December 2022 MRE at Sleeping Giant (Done 2023-01)  Advance the engineering at Sleeping Giant toward a PEA (Completed in Q2 2023)  15,000 m expansionary UG drill program at Sleeping Giant (Planned to begin in

  17. Slide 17: Why Abcourt?

    Why Abcourt? 1 Growing development company Contact Us 2 Near term gold producer  475, avenue de l’église, Rouyn- Noranda, Quebec  info@abcourt.com 3 Resource growth potential Investor Relations: 4  Dany Cenac Robert at Réseau ProMarket inc. Many upcoming catalysts  Dany.Cenac- Robert@ReseauProMa

  18. Slide 18: Appendices

    Appendices abcourt.ca 18 TSX-V: ABI

  19. Slide 19: Sleeping Giant: Block Model, Plan view

    Sleeping Giant: Block Model, Plan view InnovExplo - Expertise minière abcourt.ca 19 TSX-V: ABI

  20. Slide 20: 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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