Abcourt Provides an Update ON Its Operational Activities at the Sleeping Giant MINE
For immediate release
TSX Venture: ABI.V
ABCOURT PROVIDES AN UPDATE ON ITS OPERATIONAL ACTIVITIES AT THE
SLEEPING GIANT MINE
Rouyn-Noranda, Canada, October 30, 202 3 - Abcourt Mines Inc. (“Abcourt” or the
“Corporation”) (TSX Venture: ABI) is pleased to provide an update on its operational activities
at its Sleeping Giant mine. On September 14, Abcourt announced the beginning of the work at
the Sleeping Giant Mill to process the material from the Pershing-Manitou project.
The work planned for this Fall at the mine tailings facilities is now completed and ready to receive
pulp from the Sleeping Giant Mill. Work inside the Mill is 90% complete, and Abcourt plans to start
the Mill in the coming days.
Abcourt will begin processing the bulk sample of 5,000 tonnes of material from the Pershing -
Manitou project. This sample was extracted from the mineral resources of the Pershing-Manitou
deposit. Abcourt mandated an independent firm specializing in metallurgy to supervise the milling
campaign and reconcile the milled grades with the grades of the extracted mineral resources. The
Company plans to process between 600 and 800 tonnes per week initially to gradually increase
the weekly tonnage. Subsequently, Abcourt will process 400 to nnes of ore remaining in the
surface silo of the Elder mine in order to clean and evacuate the potential high grades material of
the Pershing-Manitou deposit out of the grinding circuit.
Finally, Abcourt will begin processing material coming directly from the Sleeping Giant Mine after
processing the 400 tonnes from the Elder mine.
Abcourt continues to collect applications for various positions at the Sleeping Giant Mine or at its
head office in Rouyn-Noranda. Some positions remain available. People wishing to apply can
send their resume to [email protected] and consult the Company's website for available positions.
QUALIFIEDS PERSONS
Mr. Pascal Hamelin, ing, President and Chief Executive Officer of Abcourt , has verified and
approved the technical information contained in this press release.
ABOUT ABCOURT MINES INC.
Abcourt Mines Inc. is 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.ca and consult our filings under
Abcourt's profile on www.sedarplus.ca, or contact:
Pascal Hamelin
President and CEO
T: (819) 768-2857
Dany Cenac Robert, Investor Relations
Reseau ProMarket Inc.,
T: (514) 722-2276, post 456
Cautionary Statement on Forward-Looking Information
This news release contains “forward -looking information” within the meaning of applicable
Canadian securities legislation based on expectations, estimates and projections as at the date
of this news release. Such forward-looking information includes, but is not limited to, statements
concerning the timing, review, completion and filing of the Required Documents as well as the
duration of the MCTO. Forward-looking information involves risks, uncertainties and other factors
that could cause actual events, res ults, performance, prospects and opportunities to differ
materially from those expressed or implied by such forward-looking information. Factors that could
cause actual results to differ materially from such forward-looking information include, but are not
limited to, delays in obtaining or failures to obtain required approvals; uncertainties relating to the
availability and costs of financing needed in the future; changes in equity markets; inflation;
fluctuations in commodity prices; delays in the development of projects; other risks involved in the
mineral exploration and development industry; and those risks set out in the Corporation’s public
documents filed on SEDAR + at www.sedarplus.ca. Although the Corporation believes that the
assumptions and factors used in preparing the forward -looking information in this news release
are reasonable, undue reliance should not be placed on such information, which only applies as
of the date of this news release, and no assurance can be given that such events will occur in the
disclosed time frames or at all. The Corporation disclaims any intention or obligation to update or
revise any forward-looking information, whether as a result of new information, future events or
otherwise, other than as required by law.
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 news release.