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ABI.V ·

Abcourt files the Technical Report for the Mineral Resources Estimate of the Discovery Project

Resource Estimates Technical Reports (NI 43-101)

For immediate release

TSX Venture: ABI.V

Abcourt files the Technical Report for the Mineral Resources Estimate of the

Discovery Project

Rouyn-Noranda, Canada, May 19, 2023 - Abcourt Mines Inc. (“Abcourt” or the

“Corporation”) (TSX Venture: ABI) is pleased to announce that it has filed the Mineral Resource

Estimate (MRE) Technical Report in accordance with National Instrument 43-101 - Disclosure

Standards for Mining Projects on its Discovery Project 100% owned by Abcourt. The technical

report entitled "NI 43-101 Technical Report and Mineral Resource Estimate for the Discovery

Project, Quebec, Canada" and dated May 18, 2023 (with an effective date of March 28, 2023)

was prepared for Abcourt by the firm InnovExplo of Val-d'Or. The technical report is available on

SEDAR (www.sedar.com) under Abcourt's issuer profile.

The Abcourt’s news release dated April 6, 2023 (entitled “Abcourt releases its First Mineral

Resources Estimate on its Discovery Gold Project”) summarized certain key results, assumptions

and estimates contained in the Technical Report filed on SEDAR.

Qualified Person

Mr. Pascal Hamelin, ing, President and Chief Executive Officer of the Corporation, has verified

and approved the technical information contained in this press release.

ABOUT ABCOURT MINES INC.

Abcourt Mines Inc. is an emerging gold producer and a Canadian exploration corporation with

strategically located properties in northwestern Québec, Canada. Abcourt owns the Sleeping

Giant mill and mine where it concentrates its activities.

For further information, please visit our website at www.abcourt.com , and consult our filings under

Abcourt's profile on www.sedar.com, or contact:

Pascal Hamelin

President and CEO

T: (819) 768-2857

E: [email protected]

Dany Cenac Robert, Investor Relations

Reseau ProMarket Inc.,

T: (514) 722-2276, post 456

E: [email protected]

The TSX Venture Exchange and its regulatory service provider (as defined in the policies of the TSX

Venture Exchange) assume no responsibility for the adequacy or accuracy of this press release .