Abcourt Presents Operations Update for December 2025 in the Development of the Sleeping Giant Mine
For immediate release
TSX Venture Exchange: ABI. V
Abcourt Presents Operations Update for December 2025 in the
Development of the Sleeping Giant Mine
Rouyn-Noranda, Canada, January 20, 2025 – Abcourt Mines Inc. (“ Abcourt” or the “ Corporation”) (TSX
Venture: ABI) (OTCQB: ABMBF) is pleased to provide an update on development work carried out in last
December at the Sleeping Giant Mine, located in the Eeyou Istchee region in the Province of Quebec.
Abcourt continued developing its stopes and hiring in December. The month was shortened by the holiday break.
The ore processing plant was paused from December 22 to January 5. However, underground operations continued
during this same period, filling the upstream circuit of the mill.
Quarterly Highlights
Q1 2025/09/30 Q2 2025/12/31 Total YTD
Diamond Drilling (m) 6,467 4,572 11,039
Drift Rehabilitation (m) 1,703 903 2,606
Underground Development (m) 71 290 361
Tonnes Milled (tonnes) 3,511 5,652 9,163
Mill Head Grade (g/t) 5.9 6.2 6.1
Ounces Milled (oz) 664 1,125 1,789
% Recovered 94.9% 96.1% 95.7%
Ounces Produced (oz) 630 1,081 1,711
Ounces Poured (oz) 26 837 863
Pascal Hamelin, President and CEO, stated: “ The underground development is progressing steadily, which will
result in future stopes extraction. The holiday break slowed the hiring of new employees, but recruitment picked up
again at the beginning of January. We are working with our partner Glencore to close the first tranche of a total
investment of USD 30 millions by the end of January.”
Monthly Summary of Key Elements
July August September October November December Total YTD
Diamond
Drilling (m)
2,201 2,360 1,906 1,666 1,726 1,180 11,039
Underground
Rehabilitation
(m)
810 350 543 61 682 160 2,606
Underground
Development
(m)
9.5 9.1 53 82 94 114 361
Tonnes Milled
(tonnes)
0 1,072 2,439 2,563 1,346 1,743 9,163
Mill Head
Grade (g/t)
0 5.66 5.98 6.0 7.2 5.7 6.1
Ounces Milled
(oz)
0 195 469 497 311 317 1,789
% Recovered 0 100% 92.8% 95.6% 95.8% 97.2% 95.7%
Ounces
Produced (oz)
0 195 435 475 298 308 1,711
Ounces
Poured (oz)
0 0 26 124 425 288 863
1. The gold inventory in the circuit at the end of the month of December was 849 ounces.
2. The silver ounces in the circuit are not assayed.
3. The silver ounces are recovered with the gold at the refiner y, delivered to the Mint and sold with the gold
to the market. Abcourt sold 1,100 ounces of silver between July and December 2025.
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.
ABOUT ABCOURT MINES INC.
Abcourt Mines Inc. is a Canadian gold development company with properties strategically located in northwestern
Québec, Canada. Abcourt owns the Sleeping Giant mine and mill, as well as the Flordin property, where it focuses
its development activities.
For more information about Abcourt Mines Inc., please visit our website at www.abcourt.ca and view our filings
under Abcourt's profile on www.sedarplus.ca
Pascal Hamelin Dany Cenac Robert, Investor Relations
President and CEO 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 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, including
the expectation of the Corporation with respect to the expected use of the proceeds from the Financing Facility
and the final approval of the TSXV , 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 implie d 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 i n 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.
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.