Abcourt Mines, Inc. Class B · TSXV:ABI

Abcourt Mines, Inc. Class B — Investor Presentation (February 2025)

33 slides from Abcourt Mines, Inc. Class B's investor presentation, February 2025

  1. Slide 1: Awakening the Giant

    Awakening the Giant Building a mining camp around the Sleeping Giant Mine & Mill February 2025

  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 development through its 100%-owned Sleeping Giant Mine and Mill, which includes an updated resource, a positive Preliminary Economic Assessment, an operational and fully permitted 950 tpd mill with all surface, underground infrastructure in place, and many deposits near

  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 of the Board  Mining engineer with 33 years of experience in  A veterinarian and member of the “École  Geological engineer since 2006 nationale vétérinaire” of Lyon,

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

    Experienced Team of Mine Builders & Operators Pascal Hamelin, ing. │ President & CEO Alain Lévesque, CPA │ CFO  Mining engineer with 34 years of experience in project  Accountant with 30 years experience in public listed management, and operating mines. companies.  Has many years of experience in

  6. Slide 6: Capital Structure

    Capital Structure Capital Structure As of 2024-12-31 Retail Investors Officers & 42% Directors Shares Outstanding: 799,402,095 43% Warrants: 340,921,822 Options: 31,497,600 Institutional Fully Diluted: 1,171,821,517 Investors 2% HNW Investors 52w high/low S.P. : $ 0.03-$0.07 13% 3M daily volume avg:

  7. Slide 7: Leading Quebec Project Portfolio

    Gold asset Leading Zn-Pb-Ag asset 1 Quebec Project Cu asset Sleeping Giant Mine & 950 tpd 1 Sleeping Giant (100%) Portfolio 2 Laflamme (24.6%) Mill 3 Discovery (100%) 4 Flordin-Cartwright (100%) 5 Cameron Shear (50%) 6 Jonpol (100%)  ~510 km2 of strategic 7 Elder Mine & Tagami (100%) landholdings i

  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: Resources Being Upsized

    Sleeping Giant: Resources Being Upsized • 1,118 metres of drilling were needed to convert and Comparative Table of the tonnes and grades of the increase the mineral envelop by 2,166 oz. Zone 20 West PEA 2023 vs Mineral Envelop (ME) 2024 • More tonnes & higher grade in the indicated Resources PEA 202

  12. Slide 12: 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

  13. Slide 13: Sleeping Giant: More Resources Upsize Potential

    Sleeping Giant: More Resources Upsize 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 13 TS

  14. Slide 14: 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 14 TSX-V: ABI

  15. Slide 15: 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 15 TSX-V: ABI

  16. Slide 16: New focus in the Abitibi Camp near the Flordin Deposit

    New focus in the Abitibi Camp near the Flordin Deposit • The Flordin deposit was explored by Cambior in the 1980’s • The Cartwright area was discovered by prospectors in the 1930’s • Both deposits are along the Cameron shear. • The sector is accessible by road. • Located 35 km north of Lebel-sur-Qué

  17. Slide 17: Flordin-Cartwright: New Gold Discovery in July

    Flordin-Cartwright: New Gold Discovery in July abcourt.ca 17 TSX-V: ABI

  18. Slide 18: Flordin-Cartwright: Expanding the discovery in October

    Flordin-Cartwright: Expanding the discovery in October abcourt.ca 18 TSX-V: ABI

  19. Slide 19: Flordin-Cartwright: Exposing a significant gold zone

    Flordin-Cartwright: Exposing a significant gold zone over 200 metres long • 15 channels taken every 15m, • Average width of 10m, • Average grade of 6.5 gpt. abcourt.ca 19 TSX-V: ABI

  20. Slide 20: Flordin-Cartwright: Drill results from 1988 and 2023 along a 2km corridor

    Flordin-Cartwright: Already drill results from 1988 and 2023 along a 2km corridor A two kilometres Corridor • Abcourt exposed the gold mineralization over 200m long in the stripped area at Cartwright. • Abcourt identified the same type of mineralization in hole FL-23- 265, 50m below surface, 1 km we

  21. Slide 21: Flordin-Cartwright: Geophysic Survey confirms South Zone in Domain #1

    Flordin-Cartwright: Geophysic Survey confirms South Zone in Domain #1 • The induced Polarization Survey confirms the continuousity of the South Zone in Domain #1 between the 2023 drilling and Cartwright. • The survey also identifies a second domain with larger contrast of chargeability. • These 2 do

  22. Slide 22: Flordin-Cartwright: Consolidation around Flordin

    Flordin-Cartwright: Consolidation around Flordin • Agnico-Eagle announced the acquisition of O3 in December 2024. • The amalgamation between Agnico-Eagle Abitibi Corp. And O3 is expected to close prior to March 31st, 2025. abcourt.ca 22 TSX-V: ABI

  23. Slide 23: Flordin Deposit: Resources near the Sleeping Giant Mill

    Flordin Deposit: 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 mining Pot

  24. Slide 24: 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.,

  25. Slide 25: 2025 Objectives

    2025 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 (planned for S2 2025)  Rehabilitate and develop UG infrastructures from Sleeping Giant (began in April 2024)

  26. Slide 26: Why Abcourt?

    Why Abcourt? 1 Growing development company Contact Us 2 Resource growth potential  475, avenue de l’église, Rouyn-Noranda, Quebec  info@abcourt.com Investor Relations: 3 Near term gold producer  Dany.Cenac-Robert@ReseauProMarket.com 4 Many upcoming catalysts abcourt.ca 26 TSX-V: ABI

  27. Slide 27: Appendices

    Appendices abcourt.ca 27 TSX-V: ABI

  28. Slide 28: 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

  29. Slide 29: 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,

  30. Slide 30: 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

  31. Slide 31: Sleeping Giant Mill: Process Flowsheet

    Sleeping Giant Mill: Process Flowsheet InnovExplo - Expertise minière abcourt.ca 31 TSX-V: ABI

  32. Slide 32: Sleeping Giant: Block Model, Plan view

    Sleeping Giant: Block Model, Plan view InnovExplo - Expertise minière abcourt.ca 32 TSX-V: ABI

  33. Slide 33: Pershing-Manitou NI 43-101 Resource Estimate

    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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