Abcourt Intersects 3.5 g/t Gold Over 27.5 Metres Directly Below Cartwright Stripping on Its Flordin Property in the Lebel-sur-Quévillon Area
For immediate release
TSX Venture Exchange: ABI. V
Abcourt Intersects 3.5 g/t Gold Over 27.5 Metres Directly Below Cartwright Stripping
on Its Flordin Property in the Lebel-sur-Quévillon Area
Rouyn-Noranda, Canada, January 30, 2025 – Abcourt Mines Inc. (“Abcourt” or the “Company”)
(TSX Venture: ABI) (OTCQB : ABMBF) is pleased to announce the first assay results from its most
recent drilling campaign currently underway on its Flordin property (100% ABI) in the Lebel-sur-Quévillon
area.
Highlights:
• The Adam mineralized zone connects with the Horse mineralized zone in the first two drill holes
of the 2025 campaign.
• Drill hole FL-25-274 returns: 3.5 g/t gold over 27.5 metres, including 12.1 g/t gold over 7.5
metres.
• The mineralization described in the drilling is similar to that observed in the channels taken on
the Cartwright stripping in the fall of 2024.
• The mineralized zones (Adam and Horse), intersected by drill holes 273 and 274, are located
very close to surface, less than 50 m vertically.
Pascal Hamelin, Président et CEO comments : “The drilling campaign currently underway on our
Flordin property demonstrates the strong potential of the Cartwright sector directly on surface and 35 km
north of the municipality of Lebel-sur-Quévillon. The next drill holes to come (approximately 2,000
metres) in this phase will allow us to extend the typical Cartwright mineralization well beyond the trench
completed in 2024. This drilling campaign of more than 3,000 metres is part of the company's
development strategy by promoting our advanced exploration projects in the perspective of the constant
rise in the price of gold.”
To date, more than 1,000 metres of drilling have been completed (8 holes) in the immediate vicinity of
the Cartwright stripping carried out in the fall of 2024. The results obtained have been validated for the
first two holes of the 2025 campaign, namely holes FL-25-273 and FL-25-274. The results are presented
in the table below. The results of the next holes will be disclosed as the assay results become available.
Hole # From (m) To(m) Length (m) Grade (g/t) Zones
Metal factor
(grade X
length)
FL-25-273 29.5 48 18.5 1.2 22
including 29.5 38 8.5 0.6 Adam
including 46 48 2.0 6.6 Horse
FL-23-274 28 55.5 27.5 3.5 96
including 28 31 3.0 0.8 Adam
including 48 55.5 7.5 12.1 Horse
Figure 1 : Regional Location of the Flordin Property
Figure 2 : Location of the property
Figure 3 : Drilling location for holes 273 and 274
The first two drill holes intersected the mineralized zones recognized in the October stripping, namely
the Adam and Horse zones. Between the zones, there is presence of lower-grade gold directly related
to disseminated pyrites. We are able to obtain significant gold grades near the surface over several tens
of metres of thickness. Drill hole FL-25-273 intersected 1.2 g/t gold over 18.5 meters and drill hole FL-
23-275, 3.5 g/t gold over 27.5 metres.
Note that the mineralized zones, described in drilling, correspond to those observed on the Cartwright
stripping done in the fall of 2024. The high-grade gold mineralization is directly associated with the
amount of pyrite observed in the core. A characteristic silica-hematite alteration is also observed. The
drillings carried out under the trench (7 in total) will allow us to better understand the distribution of high-
grade gold mineralization in the vicinity of the old Cartwright shaft. According to historical documents,
the Cartwright shaft would be approximately 100 m deep.
Qualified Persons
Robert Gagnon, P.Geo. and Company's Vice-President, 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 among the NQ half-core samples and were shipped and analyzed by
the MSALABS laboratory in Val-d’Or, Quebec using the Photon Assay TM method. The samples were
crushed to 70% passing two millimetres with a 500 gram division for gamma ray assay for gold.
According to MSALABS’ internal procedure, blank samples and standards are inserted. MSA operates
numerous laboratories worldwide and maintains ISO-17025 accreditation for many metal determination
methods. MSA is an ISO-17025 accredited laboratory for the Photon Assay method. The drilling, core
description and analysis preparation work was carried out under the supervision of Robert Gagnon,
geologist, Vice-President of Exploration at Abcourt Mines, qualified person under Regulation 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]
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 using forward-
looking terminology, such as "plans", "aims", "expects", "projects", "intends", "anticipates", "estimates", "could",
"should", "likely", or variations of such words and phrases or statements specifying that certain acts, events or
results "may", "should", "will" or "be achieved" or other similar expressions. 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 forth in Abcourt's public
filings, which 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 statements and forward-
looking information. Although Abcourt believes that the assumptions and factors used in preparing the 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 such forward-
looking statements or information, whether as a result of new information, future events or otherwise.
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policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
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