Abcourt Intersects 1.1 g/t Gold over 47.2 Metres and Confirms the East Extension of the South Zone on the Flordin Property in the Lebel-sur-Quévillon Area
For Immediate Release
TSX Venture Exchange: ABI. V
Abcourt Intersects 1.1 g/t Gold over 47.2 Metres and Confirms the East Extension of
the South Zone on the Flordin Property in the Lebel-sur-Quévillon Area
Rouyn-Noranda, Canada, March 18, 2025 – Abcourt Mines Inc. ("Abcourt" or the "Company") (TSX
Venture: ABI) (OTCQB : ABMBF) is pleased to announce assay results from all holes drilled in the East
Extension of the South Zone on its Flordin property (100% ABI). This gold-bearing zone was discovered
in the mid-1980s by Cambior. A total of four (4) holes for a total of 2,340 metres were drilled directly in
the eastern extension of the South Zone. Hole FL-25-282 intersected a large, mineralized envelope of
47.2 metres at 1.1 g/t gold. With this first phase of work, we confirm the continuity of the South Zone to
our 2023 drilling and to the Cartwright Zone.
Pascal Hamelin, President and Chief Executive Officer comments: « The drilling campaign in the
South Zone area was a great success, with all of our holes (four in total) intersecting the gold-bearing
structure and returning gold grades. A significant gold envelope several tens of metres thick was
uncovered during this campaign. We have demonstrated that the type of high-grade gold mineralization
that is associated with pyrite-silica-hematite and sericite bands is present throughout our Flordin property.
Gold mineralization appears to be continuous over more than 1.8 kilometres between the South Zone
and the Cartwright Zone. The goal of phase 2 drilling will be to connect the zones between them. Our
exploration team is already in the process of interpreting and planning it.»
Highlights:
A significant mineralized zone was intersected in our hole FL-25-282 and returns 1.1 g/t
gold over 47.2 metres including 7.6 g/t gold over 3 metres.
The characteristic high-grade gold mineralization recognized in all of our drill holes is
traceable over more than 1.8 kilometres.
Significant mineralized envelopes, several tens of metres thick were confirmed during this
campaign.
The South Zone is continuous and remains unexplored laterally and at depth.
Hole # From (m) To(m) Length Grade (g/t) Zones Metal factor
(grade X
length)
FL-25-280 483.5 484 0.5 5.7 South Zone 2
540.5 569 28.5 1.3 New 37
Including 563 565 3 5.1 New 15
FL-25-281 394 413 17 0,5 South Zone 9
Including 398 400 2 1.3 South Zone 3
451 452 1 1.2 New 1
FL-25-282 367 414,2 47.2 1.1 South Zone 52
Including 374 377 3 7.6 South Zone 23
403.8 405.8 2 6.3 New 13
FL-25-283 557 574 17 1.0 South Zone 17
Including 560 561 1 6.5 South Zone 7
596 597 1 1.3 New 1
Figure 1 : Regional Location of the Flordin Property
Figure 2: Location of the property
Figure 3: Surface Plan
Figure 4: Section 359300 E
The 2025 holes drilled in the eastern extension of the South Zone are the deepest ever drilled in this area
of the property. The South Zone has been recognized in all our holes and seems to thicken as we move
east. Mineralized envelopes, several tens of metres thick were intercepted with only 4 holes for a total of
less than 2500 metres. To generate such a gold intersection, a major mineralizing system is required,
and the goal of Phase 2 drilling will be to confirm this hypothesis. Historical descriptions are consistent
with the mineralization observed in our drill core. Indeed, the type of mineralization that characterizes the
South Zone, namely bands of pyrite associated with bands of pink hematized silica with sericite and
bands of magnetite without quartz vein. This type of mineralization has already been recognized in our
drilling in 2023 (see press release dated January 30, 2024) and in 2025 in the Cartwright area (see press
releases dated January 30 and February 11, 2025). We are therefore able to recognize and trace this
type of high-grade gold mineralization over a distance of more than 1.8 km.
Qualified Persons
Mr. Robert Gagnon, P.Geo. The Company's vice President of Exploration, has reviewed and approved
the technical information contained in this press release.
Quality Control Measures (QA/QC)
Following an analytical quality assurance and quality control program, blank samples and certified
reference materials were added to the NQ half core samples and were shipped and analyzed by the
MSALABS laboratory in Val-d'Or, Quebec using the Photon AssayTM method. The samples were
crushed to 70% passing two millimeters with a 500-gram division for gamma ray assay for gold.
According to MSALABS' internal procedure, blank and standard samples are inserted. MSA operates
numerous laboratories around the world and maintains ISO-17025 accreditation for many metal
determination methods. MSA is an ISO-17025 accredited laboratory for the photonic analysis method.
The drilling, core description and assay preparation work was carried out under the supervision of
Robert Gagnon, P.Geo., Vice-President Exploration of Abcourt Mines, a Qualified Person as defined
by NI 43-101.
About Abcourt Mines Inc.
Abcourt Mines Inc. is a Canadian exploration company with properties strategically located in
northwestern Quebec, Canada. Abcourt owns the Sleeping Giant mine and mill, where it focuses its
development activities .
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 ext.: 456
Email : [email protected] Email : [email protected]
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