Abcourt Mines discovers 1.1 g/t gold over 47.2 meters in the South Zone

From GlobeNewswire: 2025-03-18 07:00:00

Abcourt Mines Inc. announces assay results from drilling in the East Extension of the South Zone on its Flordin property. Hole FL-25-282 intersected a mineralized envelope of 47.2m at 1.1 g/t gold. Continuity of the South Zone is confirmed to previous drilling, with plans for phase 2 drilling to connect the zones.

President Pascal Hamelin comments on the successful drilling campaign in the South Zone, with all holes intersecting gold-bearing structures. A high-grade gold envelope was discovered, confirming the presence of gold mineralization over 1.8 km. Phase 2 drilling aims to connect the zones laterally and at depth to explore further potential.

Significant mineralized zones were intersected, with gold grades ranging from 0.5 g/t to 7.6 g/t over various lengths. The South Zone is continuous and unexplored laterally and at depth. The discovery of thick mineralized envelopes in a small number of drill holes suggests a major mineralizing system.

The 2025 drilling in the South Zone has revealed the thickest mineralization ever in this area of the property. The South Zone has been recognized in all holes, indicating a thickening trend as drilling progresses east. Phase 2 drilling will aim to confirm the presence of a major mineralizing system to support the gold intersections.

Abcourt Mines Inc. is a Canadian exploration company with properties in northwestern Quebec. The company owns the Sleeping Giant mine and mill, focusing on development activities. Qualified Persons have reviewed and approved the technical information in this press release.

Quality Control Measures include an analytical QA/QC program using blank samples and certified reference materials. Samples were analyzed by the MSALABS laboratory in Val-d’Or, Quebec using the Photon Assay™ method. The drilling, core description, and assay preparation were supervised by a Qualified Person.

Forward-looking statements in this news release are based on estimates and subject to risks and uncertainties. Abcourt disclaims any obligation to update or revise forward-looking statements. Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the release’s accuracy or adequacy.



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