Abcourt obtains its environmental certificate of authorization for custom milling at the Sleeping Giant Mill
For immediate release
TSX Venture: ABI.V
Abcourt obtains its environmental certificate of authorization for custom milling
at the Sleeping Giant Mill
Rouyn-Noranda, Canada, October 28 , 2025 - Abcourt Mines Inc. (“Abcourt” or the
“Corporation”) (TSX Venture: ABI) (OTCQB : ABMBF) is pleased to announce the receipt of
its environmental certificate of authorization for custom milling of ore from off -site deposits at its
Sleeping Giant mill.
This certificate of authorization allows Abcourt to begin commercial discussions with potential
clients, accelerate the environmental authorization process, and begin processing gold ore from
mining companies that do not have a mill to extract gold from their ore. Building an ore processing
complex to extract gold and store the pulp is a process that can takes several years and can costs
several hundred million dollars. For many gold development companies, negotiating custom
milling may be a faster and more cost-effective option.
According to our Preliminary Economic Assessment (PEA) for the Sleeping Giant Mine published
June 7, 2023, the Sleeping Giant Mill will use less than 4 0% of its capacity to process ore from
the Sleeping Giant Mine. The mill permitted daily throughput is 950 tonnes per day , and the
average planned throughput is 340 tonnes per day in the PEA. In the long term, Abcourt's
objective is to define additional mineral resources at the Sleeping Giant Mine to maximize the use
of its mill with ore from internal sources. In the short term, Abcourt will have the opportunity to
process ore from other sites and thus benefit from additional revenue sources in addition to
executing its business plan with production from Sleeping Giant.
Pascal Hamelin, President and CEO, states: " The Abitibi and Eeyou Istchee regions are rich in
gold deposits that are too small to justify the initial investment of building a gold processing
complex. Abcourt now offers an attractive alternative to accelerate the development of these
deposits. In addition, this type of custom milling allows us to maximize the use of our mill, increase
our revenue and the value of our asset , and finally allow us to evaluate the potential synergies
with other deposits around us."
Qualified Person
Pascal Hamelin, Eng, President and Chief Executive Officer of the Corporation, has verified and
approved the technical information contained in this press release.
Mr. Hamelin is a qualified person under Regulation 43-101.
Abcourt Mines Inc.
Abcourt Mines Inc. is a Canadian gold company developing the Sleeping Giant mine and in
exploration for its other properties strategically located in northwestern Quebec, Canada. Abcourt
owns the 100% owned Sleeping Giant mine and mill and the Flordin exploration property, where
it focuses its operations.
For more information about Abcourt Mines Inc., please visit our website and view our filings under
Abcourt's profile on www.sedarplus.ca
Pascal Hamelin Dany Cenac Robert, Investor Relations
President and Chief Executive Officer Reseau ProMarket Inc.,
T : (819) 768-2857 T : (514) 722-2276, poste 456
Email : [email protected] Email : [email protected]
FORWARD-LOOKING STATEMENTS
Certain information contained in this news release may constitute "forward -looking information" within the
meaning of Canadian securities legislation. Generally, forward- looking information can be identified by forward -
looking terminology, such as "plans", "aims", "expects", "projects", "intends", "anticipates", "estimates", "could",
"should", "likely", or variations of these words and phrases or statements specifying that certain acts, events or
results "may", "would", "occur" or "be achieved" or other expressions Similar. Forward -looking statements are
based on Abcourt's estimates and are subject to known and unknown risks, uncertainties and other factors that
may cause Abcourt's actual results, level of activity, performance or achievements to be materially different from
those expressed or implied by such forward- looking statements or information. Forward- looking statements are
subject to business, economic and uncertainties and other factors that could cause actual results to differ materially
from these forward-looking statements, including the relevant assumptions and risk factors set out in Abcourt's
public filings, are available on SEDAR+ at www.sedarplus.ca. There can be no assurance that these statements will
prove to be accurate, as actual results and future events could differ materially from those anticipated in such
statements. Accordingly, readers should not place undue reliance on forward- looking sta tements and forward-
looking information. Although Abcourt believes that the assumptions and factors used in preparing forward-looking
statements are reasonable, undue reliance should not be placed on such statements. Except as required by
applicable securities laws, Abcourt disclaims any intention or obligation to update or revise any of these forward -
looking statements or information, whether as a result of new information, future events or otherwise.
Neither the 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.