Abcourt Mines, Inc. Class B · TSXV:ABI
Abcourt Mines, Inc. Class B — Investor Presentation (October 2024)
36 slides from Abcourt Mines, Inc. Class B's investor presentation, October 2024
Slide 1: Awakening the Giant
Awakening the Giant Building a mining camp around the Sleeping Giant Mine & Mill October 2024
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
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 900 tpd mill with all surface, underground infrastructure in place, and many deposits near
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 mining and project management nationale vété
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
Slide 6: Capital Structure
Capital Structure Capital Structure As of 2024-10-15 Retail Investors Officers & 42% Directors Shares Outstanding: 716,579,825 43% Warrants: 327,978,322 Options: 31,497,600 Institutional Fully Diluted: 1,076,055,747 Investors 2% HNW Investors 52w high/low S.P. : $ 0.03-$0.07 13% 3M daily volume avg:
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
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) (
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
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
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
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:
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
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
Slide 15: 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
Slide 16: Flordin-Cartwright: We found gold
Flordin-Cartwright: We found gold abcourt.ca 16 TSX-V: ABI
Slide 17: Flordin-Cartwright: New Gold Discovery in July
Flordin-Cartwright: New Gold Discovery in July abcourt.ca 17 TSX-V: ABI
Slide 18: Flordin-Cartwright: Expanding the discovery in October
Flordin-Cartwright: Expanding the discovery in October abcourt.ca 18 TSX-V: ABI
Slide 19: Flordin-Cartwright: Drill results from 1988 and 2023 along a 2km corridor
Flordin-Cartwright: Already some drill results from 1988 and 2023 along a 2km corridor A two kilometres Corridor • 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-
Slide 20: Flordin-Cartwright: Exposing a gold zone over 200 metres long
Flordin-Cartwright: Exposing a gold zone over 200 metres long Next Steps • Complete the channel sampling campaign along a 200 m strike in October 2024. • Drill the extension of hole S-158 to the East. November 2024 – January 2024 abcourt.ca 20 TSX-V: ABI
Slide 21: Flordin-Cartwright: Drill East of Hole S-158 from the 1980's
Flordin-Cartwright: Drill East of Hole S-158 from the 1980’s abcourt.ca 21 TSX-V: ABI
Slide 22: Flordin-Cartwright: Drill East of Hole S-158 from the 1980's
Flordin-Cartwright: Drill East of Hole S-158 from the 1980’s abcourt.ca 22 TSX-V: ABI
Slide 23: Flordin-Cartwright: Drill East of Hole S-158 from the 1980's
Flordin-Cartwright: Drill East of Hole S-158 from the 1980’s abcourt.ca 23 TSX-V: ABI
Slide 24: Flordin-Cartwright: Drill East of Hole S-158 from the 1980's
Flordin-Cartwright: Drill East of Hole S-158 from the 1980’s abcourt.ca 24 TSX-V: ABI
Slide 25: Flordin-Cartwright: A lot of consolidation around Flordin
Flordin-Cartwright: A lot of consolidation around Flordin abcourt.ca 25 TSX-V: ABI
Slide 26: 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
Slide 27: 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.,
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
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,
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
Slide 31: 2024-2025 Objectives
2024-2025 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) Develop UG infrastructures, mine and process material from Sleeping Giant (began
Slide 32: 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 32 TSX-V: ABI
Slide 33: Appendices
Appendices abcourt.ca 33 TSX-V: ABI
Slide 34: Sleeping Giant Mill: Process Flowsheet
Sleeping Giant Mill: Process Flowsheet InnovExplo - Expertise minière abcourt.ca 34 TSX-V: ABI
Slide 35: Sleeping Giant: Block Model, Plan view
Sleeping Giant: Block Model, Plan view InnovExplo - Expertise minière abcourt.ca 35 TSX-V: ABI
Slide 36: 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