Abcourt Intersects 4.1 g/t Gold over 11 Metres in Channel on the Former Cambior Stripping, extends the mineralized zone over a length of now 300m in the Cartwright Area of the Flordin Project, and Present a Corporate Update
For immediate release
TSX Venture Exchange: ABI. V
Abcourt Intersects 4.1 g/t Gold over 11 Metres in Channel on the Former Cambior
Stripping, extends the mineralized zone over a length of now 300m in the Cartwright
Area of the Flordin Project, and Present a Corporate Update
Rouyn-Noranda, Canada, June 16, 2025 – Abcourt Mines Inc. ("Abcourt" or the "Company") (TSX
Venture: ABI) (OTCQB: ABMBF) is pleased to announce its most recent channel sampling results from
the former Cambior stripping that was done in the late 1980s and located immediately west of the 2024
Cartwright stripping. This new phase of sampling made it possible to add 4 new channels of
approximately 20 metres in length on average and a smaller one (No. 18) of approximately 5 metres in
length. A total of 87 metres of new channel (175 samples) were made on the former Cambior stripping.
This phase of work has allowed us to link the historical Adam and Horse showings and extend the
mineralization at surface over more than 300 metres in length. The most significant intersection comes
from channel 19 which returned 4.1 g/t gold over 11 metres including 12 g/t gold over 3.5 metres.
The channels made are all 0.5 meters long and are connected to each other. Each of the channels
averages 6 to 8 cm deep and intersects perpendicularly with the mineralized zones, which are oriented
east-west with a sub-vertical dip. The mineralization is associated with significant shear and is composed
of pyrite-silica-hematite-rich bands in zones with gossan-type surface alteration (weathering) (pyrite
dissolution, yellow surface).
Highlights:
4.1 g/t gold over 11 metres, including 12 g/t gold over 3.5 metres;
Four new channels, each about 20 m long, have been added to an old stripping done by Cambior
at the end of the 1980s. The channels are spaced about 10 metres apart from each of them;
The two main historical zones were identified on the stripping: Horse (central) and Adam
(southernmost); The results obtained confirm the connection of the two mineralized zones to each
other, thus increasing the thickness of the gold-bearing intersections by several metres.
Mineralized zones at surface now over more than 300 metres in length.
The table below presents the main results achieved:
Channel
number CUMULATIVE ZONES ZONE Interval
Channel 16 1.9 g/t Au over 8.5 m ADAM 1.1 g/t Au over 1 m HORSE 11.2 g/t Au over 1 m
Channel 17 2.5 g/t Au over 8.5 m ADAM 1.0 g/t Au over 1.5 m
HORSE 6.9 g/t Au over 2.5 m
Channel 18
HORSE 16.5 g/t Au over 2 m
Channel 19
4.1 g/t Au over 11 m
ADAM 3.1 g/t Au over 0.5 m
HORSE 12 g/t Au over 3.5 m
Channel 20
3.6 g/t Au over 8.5 m
ADAM 1.3 g/t Au over 1 m
HORSE 18.5 g/t Au over 1.5 m
Channel
20B ADAM 3.7 g/t Au over 1 m
Channel
20C HORSE 10 g/t Au over 2 m
The new channel phase will have extended the mineralized zones at surface over more than 300 metres
in length. The historical mineralized zones (Horse and Adam) are spaced 1 to 5 metres apart. The
stripping carried out (historical and current) now allows us to link these zones together, because the host
rock (basalt), even with low pyrite mineralization, contains grades ranging from 100 ppb to more than 1
g/t gold. This significantly increases the thickness of the mineralized zones. With this channel phase we
are able to define a gold envelope of 300 metres long by 10 metres wide and 20 metres deep with an
average grade of 5.5 g/t gold using a density of 2.7 tonnes per cubic metre.
The fieldwork recently carried out was done in collaboration with the students graduating in mineral
technology (geology option) at the CEGEP de l'Abitibi-Témiscamingue under the supervision of Mr.
Baptiste Chapon, P.Geo.
Figure 1: Regional location of the Flordin property
Figure 2: Location of the Flordin property
Figure 3 : Orthomosaic of the Cartwright (East Sector) and Cambior (West Sector) stripping
Pascal Hamelin, President and Chief Executive Officer, commented: "The new channels completed
on the former Cambior stripping once again confirm the connection between the mineralized zones over
thicknesses sometimes exceeding 10 metres and continuous over more than 300 metres in length. The
areas remain open laterally to both east and west. Drilling last winter also confirms that the mineralized
zones remain open at depth and laterally."
Corporate Update
Firstly, we are pleased to announce the appointment of Lise Kistabish as Executive Director of the
Council of the Abitibiwinni First Nation. However, this new executive role with her community forced
Lise to resign from the Abcourt Mines Board of Directors. It is with regret that we must accept his
resignation. We thank Lise for her contributions to the Board of Directors over the past few years and
wish Lise every success in her new role.
Pascal Hamelin, President and Chief Executive Officer, commented: "On behalf of my colleagues
on the Board and myself, we sincerely thank you for helping Abcourt moving forward. We have greatly
appreciated your sincerity and personal ethics in our various exchanges over the past few years. The
Council of the Abitibiwinni First Nation is very fortunate to have you now on their executive team. Best
of luck in your new projects.”
Secondly, activities related to the financing of the start-up of the Sleeping Giant project continue to
progress well. We are working with our technical, legal, and financial partners to bring the project
towards rapid development of gold production. The general environment is conducive to launching a
high-grade gold project in a stable jurisdiction such as Canada, with well-established infrastructure and
all the required government authorizations at Sleeping Giant.
Qualified Persons
Robert Gagnon, P.Geo. The Company's Vice President, Exploration, has reviewed and approved the
technical information contained in this press release.
Analytical procedure
The 0.5-metre-long channel rock samples 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.
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
President and Chief Executive Officer
T : (819) 768-2857
Email : [email protected]
Dany Cenac Robert, Investor Relations
Reseau ProMarket Inc.,
T : (514) 722-2276 ext.: 456
Email : [email protected]
FORWARD-LOOKING STATEMENTS
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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
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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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