Abcourt Presents Operations Update for November 2025 in the Development of the Sleeping Giant Mine
For immediate release
TSX Venture Exchange: ABI. V
Abcourt Presents Operations Update for November 2025 in the
Development of the Sleeping Giant Mine
Rouyn-Noranda, Canada, December 17, 2025 – Abcourt Mines Inc. (“ Abcourt” or the “ Corporation”) (TSX
Venture: ABI) (OTCQB: ABMBF) is pleased to present an update on the November development work at the
Sleeping Giant Mine, located in the Eeyou Istchee region of Quebec.
Highlights
Tonnes milled: 1,346 tonnes
Mill Head Grade: 7.2 g/t
% Recovered: 95.8%
Ounces Produced: 298 ounces
Ounces Poured: 425 ounces
Abcourt advanced the development of its workplaces and continued hiring in November. Abcourt added a fourth
mining front as planned. The lower tonnage in November was caused by development sequence in two of the four
workplaces. It was a question of timing to safely advance the workplaces like advancing ventilation to the next sub-
level in one of the workplaces.
During a startup, sequencing has a greater impact on throughput than a steady state operation with more mining
fronts. The labour workforce continued to increase in November , and we agreed on a training program with our
partner, Technica Mining, to train graduate students from mining schools in conventional mining. The training
program will begin in January. We plan to build the workforce for the next decade with this training program.
Pascal Hamelin, President and CEO, stated: “Seeing the head grade and the mill recovery upgrade on a month-to-
month basis is very encouraging and helps us in the recruiting of the workforce. There are many young mining
graduates willing to join Abcourt with our work schedule and accommodations on the site. We will welcome, train,
and integrate them in our team to safely make Sleeping Giant Mine a good place to succeed individually and as a
team.”
We are also very pleased to announce that Abcourt has won the precious metal panel pitch battle at the Mines and
Money conference in London earlier in December and was featured amongst the best mining project s worldwide.
Abcourt made it to the final round of the competition and will continue working toward raising awareness from
investors all around the world.
Monthly Summary of Key Elements
July August September October November YTD
Diamond Drilling
(m)
2,201 2,360 1,906 1,666 1,726 9,859
Underground
Rehabilitation
(m)
810 350 543 61 682 2,446
Underground
Development
(m)
9.5 9.1 53 82 94 247
Tonnes Milled
(tonnes)
0 1,072 2,439 2,563 1,346 7,420
Mill Head Grade
(g/t)
0 5.66 5.98 6.0 7.2 6.17
Ounces Milled
(oz)
0 195 469 497 311 1,472
% Recovered 0 100% 92.8% 95.6% 95.8% 95%
Ounces
Produced (oz)
0 195 435 475 298 1,403
Ounces Poured
(oz)
0 0 26 124 425 575
1. The gold inventory in the circuit at the end of the month was 828 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.
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.