Modified 43-101 Report ON the Sleeping Giant Resources _____________________________________________________________
FOR IMMEDIATE RELEASE
TSX Venture – ABI.V
May 13, 2019
MODIFIED 43-101 REPORT ON THE
SLEEPING GIANT RESOURCES
_____________________________________________________________
Rouyn-Noranda, Quebec, Canada, May 13, 2019
The 43-10 report on resources for the Sleeping Giant mine was modified and re-filed today with a
certificate by a new qualified person. Here is a list of the modifications made:
Item 4 - Environmental obligations to which the site is subject a nd permits needed to realize the
projected work have been outlined.
Item 5 - Considering that there are production infrastructures on the property, additional
information is given on the mill, tailings pond and other infrastructures on th e property. A plan
with the location of infrastructures is added.
Item 6 - Several estimate of resources or reserves are given in the report without any caution. It
is specified that the qualified person has not done any work to classify these res ources or
reserves in actual mineral resources or in actual min eral reserve. The issuer does not consider
the resources or reserves estimated in the pas t as actual miner al resources or actual mineral
reserves.
Item 1 0 - At this item, we have added a description of the drilling completed to -date on the
property and a map was added showing the extent of the drilling on the property,
Item 13 - We have added a table showing the mine production and a table showing the mill
production for the twenty-seven years of operation and results obtained.
Item 14 - The plan showing the calculation of resources has been replaced with a plan at a larger
scale to facilitate the reading of the information.
Item 2 5 - For this item, we have added a discussion on risk s and un certainties susceptible to
have an impact on the reliability of the information on the mineral resources or on the trust that
may be given.
These modifications are now incorporated in the technical report filed today.
The calculation of resources has not been modified:
- measured and indicated resources are 486,000 tonnes with a grade of 11.20 g/t gold
- inferred resources are 93,100 tonnes with a grade of 11.85 g/t gold.
The review of historical data is continuing and giving excellent results which will be published in our
next press release.
The qualified person has given his consent to the issue of this press release.
ABOUT ABCOURT MINES INC.
Abcourt Mines I nc. is a gold produce r and a C anadian exploration company wit h strategically
located properties in northwestern Quebec, Canada. The Elder property has gold resources (2018)
and a positive P.E.A. study (2012). Abcourt is focusing on the exploitation of the Elder mine.
The Abcourt-Barvue property has silver–zinc reserves (2019). A feasibility study was completed in
2007 by Roche / Genivar. An update was completed in January 2019.
In 2016, Abcourt acquired the Sleeping Giant mine and mill, located half -way between Amos and
Matagami, in Abitibi, Quebec, in the territory covered by the Plan Nord of the Quebec government.
The mill has a capacity of 700 to 750 tonnes per day. A NI 43-101 resource estimate was recently
filed. A modified report of resources was prepared by Mr. Valère Larouche, geological engineer.
To know more abo ut Ab court Mines Inc. (TSXV: ABI), pleas e visit our web s ite at
www.abcourt.com and consult our filings under Abcourt’s profile on www.sedar.com.
This press release was prepared by Mr. Renaud Hin se, Engineer and Preside nt of Abcourt Mines
Inc. Mr. Hinse is a “Qualified Person s” under the terms of Regulation 43-101. Mr. Hinse has
approved the scientific and technical disclosure.
FORWARD LOOKING STATEMENTS
This news release contains forward -looking statements that inclu de risks and uncertainties. When
used in this news release, the words "estimate", "project", "anticipate", "expect", "intend", "believe",
"hope", "may" an d s imilar expressions, as well as "will", " shall" and other indications of fut ure
tense, are intended to id entify f orward-looking statements. The forward -looking statements are
based on current expectations and apply only as of the date on which they are m ade. Except as
may be required by law, the Corporation undertakes no obligation and disclaims any resp onsibility
to publicly update or revise any forward-looking statements or information, whether as a result of
new information, future events or otherwise.
The factors that could cause actual results to differ materially from those indicated in such forward-
looking statements include changes in the prevailing pr ice of gold, the Canadian-United States
exchange rate, grade of ore mined and unforeseen difficulties in mining operations that could affect
revenue and production costs. Othe r factors such as uncert ainties r egarding government
regulations could also affect the results. Other risks may be set out in Abcourt’ annual and periodic
reports. The forward -looking information contained herein is made as of the date of this news
release.
For more information, please contact:
Renaud Hinse, President and CEO
T : 819 768-2857 450 446-5511
F : 819 768-5475 450 446-3550
Email: [email protected]
Dany Cenac Robert, Investor Relations
Reseau ProMarket Inc.,
T: (514) 722-2276 x456
Dany.Cenac-
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
release.