Abcourt starts the mill at the Sleeping Giant Project
For immediate release
TSX Venture Exchange: ABI. V
Abcourt starts the mill at the Sleeping Giant Project
Rouyn-Noranda, Canada, August 20, 2025 – Abcourt Mines Inc. (“Abcourt” or the “Corporation”) (TSX Venture:
ABI) (OTCQB: ABMBF) is pleased announce that it has started the mill at the Sleeping Giant Project in Eeyou
Istchee, Québec.
Following the recent updat e made in the August 7 th press release, the Corporation is happy to announce that the
mill is currently turning at the Sleeping Giant site. The material processed comes 100% from the development
operations at the Sleeping Giant project directly under the mill. The Corporation will fill the mill circuit within the
next few weeks to pour the first gold bar from Sleeping Giant since 2014.
Historically, from 1987 to 2014, this mill processed 3.37M tons mined from the Sleeping Giant deposit at 10.29 g/t
Au to produce 1,073,111 oz Au. It later processed the material from the Elder mine from 2016 to 2022. More
recently, in 2024, it completed the processing of the 5,000 tons bulk sample from the Pershing-Manitou deposit at
a rate of 32 tons per hours. In the last few months, Abcourt invested funds to put the mill in operational state.
Pascal Hamelin, President and CEO of Abcourt, commented: “ We are very pleased with the way operations are
going so far. Having the mill out of its care and maintenance mode is a major milestone that shows the market our
constant advancement. We’ve operated this mill in the past and we believe the ramp up and testing phase on the
current material should be smooth and without major issues . Then, the company plans on meeting with the
investment community through different trade shows until the end of 2025 to showcase our great project’
The company will be attending the Mining Forum Americas 2025, from September 14 to 17, 2025 at the Broadmoor
Hotel & Resort in Colorado Springs, USA to present its achievement to the mining investment world.
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 exploration 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 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.
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.