Mr. Renaud Hinse, President and Chief Executive Officer of Abcourt Mines announces that a review of available documents at the Sleeping Giant mine indicates that more than fifty (50) underground holes were drilled after the last Press Release by Aurbec Mines Inc on May 26, 2014. Fourteen (14) of these holes cut high gold values. These intersections [...]
Abcourt Mines announces a 5,000 to 7,000-meter surface drilling program at the Elder mine. Most of the drilling will be done to outline and expand known gold mineralized zones and to justify access drifts between the 4th level and surface. Others will be used to check some existing showings and hopefully will confirm new zones. About Abcourt Mines [...]
Mr. Renaud Hinse, President and Chief Executive Officer of Abcourt Mines announces good results for the third quarter ended on March 31, 2017. Management is pleased to announce that the Sleeping Giant mill treated all the gold mineralization extracted from the Elder mine during the third quarter and the gold recovery was 96.1%. The Company [...]
Abcourt Mines is pleased to announce that it has signed an agreement with Arrowhead Business and Investment Decisions, to advise on investor relations and shareholder communications. Arrowhead is a New York City-based consulting firm, which advises public companies on investor relations, financial communications and capital markets strategies [...]
Mr. Renaud Hinse, President and Chief Executive Officer of Abcourt Mines announces good results for the second quarter ended on December 31, 2016. Management is pleased to announce that the Sleeping Giant mill treated all the gold mineralization extracted from the Elder mine during the second quarter and the gold recovery was 95.7%. Additional [...]
Mr. Renaud Hinse, President and Chief Executive Officer of Abcourt Mines is pleased to announce that 10 surface holes were drilled, for a total of 2,462 meters, on the Abcourt-Barvue property located near Val-d'Or, Quebec, Canada, and in most cases, excellent results were obtained. See below:
Mr. Renaud Hinse, President and Chief Executive Officer of Abcourt Mines announces that the Company closed a non-brokered private placement for an amount of $533,550. The Private Placement consisted in the sale of 168 units at a price of $850 each and of 3,907,500 flow-through shares at a price of $0.10 per flow-through share. Each unit is [...]
Mr. Renaud Hinse is pleased to announce that all Abcourt's directors, Messrs. Jean-Guy Courtois, Andre DeGuise, Marc Filion, Normand Hinse, Francois Mestrallet and Renaud Hinse, were re-elected at the annual shareholders meeting of December 3, 2016, for a term of one year. Likewise, Dallaire & Lapointe, chartered professional accountants from [...]
Mr. Renaud Hinse is pleased to announce that the successful reopening of the Sleeping Giant mill was done faster and at less cost than estimated. We have to remember that this mill was closed suddenly when previous owners went bankrupt, that it was partially dismantled to recover all the gold in the circuit and that it was left closed for two years [...]
Abcourt Mines announces that the Company has attained several objectives in 2016, as follows: - Commercial production on January 1, 2016; - Positive margin of $2.8 M in the first half of the period and a net profit of almost $2.0 M in the second half of the period. See tables below; - Purchase of a second gold mine, the Sleeping Giant mine and its [...]
Mr. Renaud Hinse, President and Chief Executive Officer of Abcourt Mines announces that the Company closed a non-brokered private placement for an amount of $2,381,000 in Units. Each Unit offered at a price of $0.10 each is comprised of one Class B share (a "common share") of the Company and of one-half common share purchase warrant (a "Unit [...]
Renaud Hinse, President and Chief Executive Officer of Abcourt Mines is pleased to announce that Abcourt has hired Christine Lefebvre, LLB, CPA, CA, as chief accountant, beginning in July. Ms. Lefebvre is member of the Chartered Professional Accountants Association of Canada and of the Barreau du Quebec. She accumulates five years of experience in [...]
