Underground Development Acceleration and Strategic Operational Transition
For Immediate Release
TSX-V : ABI | OTCQB : ABMBF
Underground Development Acceleration and Strategic Operational Transition
Rouyn-Noranda, Canada, August 25, 2026 – Abcourt Mines Inc. (“Abcourt” or the “Company”)
(TSX Venture: ABI) (OTCQB: ABMBF) is pleased to announce its operational results for the
month of July 2026, as well as the progress of the Long- Hole stopes to date. This update
highlights the steady advancement of the mine development plan and the transition toward
optimized mining methods, targeting higher-grade production and larger tonnage.
Operational Review: July 2026
The month of July was marked by a key technical transition phase. The noticeable increase in
gold pours observed this month primarily reflects the cleanup of inventory accumulated in the
processing circuits. Furthermore, the priority given to underground development temporarily
impacted extracted grades, a situation expected to normalize as work reaches higher -grade
production areas.
Indicator June 2026 July 2026
Milled tonnes 5,229 t 4,736 t
Average grade (g/t) 2.30 1.36
Head gold ounces 393 oz 207 oz
Recovery rate 92.4% 86.8%
Produced ounces 363 oz 180 oz
Gold poured (oz) 175 oz 715 oz
Development Strategy, Growth Opportunities, and Upcoming Targets
Abcourt’ top priority remains gaining access to the highest -grade areas of the deposit,
specifically those exceeding 5 g/t. The following table details stope progress and the planned
operational window for the coming months.
Sector Progress Planned Production Period
295-DAC5 512 m / 790 m Mining underway; completion
planned for December 2026
235-Zone
20 434 m / 516 m September – December 2026
235-Zone
3 181.5 m / 405 m Upcoming (post-development)
355-Zone
3N Development start Upcoming
235-Zone
4_5
Ore drift completed. Rail drifts
starting September 2026 Multi-year
Moving Toward Higher Production
The transition to the long-hole (LH) mining method is yielding conclusive results. The first stopes
of this type began in July and are expected to be completed by mid- September. Preliminary
August data confirms their efficiency, notably with the blasting of the first 1,055 tonnes in July at
an unreconciled grade of 6.45 g/t in the 295 -DAC5 sector. These tonnes were milled at the
beginning of August. Additional stopes will be developed in this zone, and the Company expects
to maintain production there through December 2026.
“We are structuring our operations to maximize profitability on every ounce,” stated Abcourt ’s
management. “With the imminent entry into production of Zone 20 and the ongoing development
of Zone 3, the mine is on a robust growth trajectory. Thanks to our sampling rigor and the
continuous refinement of our LH mining procedures ; we are exceptionally well positioned to
increase yield starting at the end of the third quarter.”
The Company reiterates its commitment to transparency and sustainable value creation for all
stakeholders, with the ongoing goal of maximizing project profitability.
Qualified Person : Pascal Hamelin, P. Eng., President and Chief Executive Officer of the Company, has
reviewed and approved the technical information contained in this press release. Mr. Hamelin is a
Qualified Person under National Instrument 43-101.
About Abcourt Mines Inc.
Abcourt Mines Inc. is a Canadian gold development company with properties strategically located in
northwestern Quebec, Canada. Abcourt owns the Sleeping Giant mine and mill and the Flordin property,
where it focuses its activities.
For further information about Abcourt Mines Inc., please visit our website at www.abcourt.ca and the
documents filed under our profile on the SEDAR+ website at www.sedarplus.ca.
Pascal Hamelin Dany Cenac Robert
President and CEO VP Communication and Corporate Development
T : (819) 768-2857 T : (514) 722-2276, poste 456
Email : [email protected] Email : [email protected]
FORWARD-LOOKING STATEMENTS
Certain information contained in this press release may constitute "forward-looking information" within
the meaning of Canadian securities legislation. Generally, forward-looking information can be identified
by the use of 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 "could", "should" occur, "will occur", or "will
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
the actual results, level of activity, performance, or achievements of Abcourt to be materially different
from those expressed or implied by such forward- looking statements or forward -looking information.
Forward-looking statements are subject to business and economic factors and uncertainties, as well as
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 documents available on
SEDAR+ at www.sedarplus.ca. There can be no assurance that such 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 these
statements. Unless required by applicable securities laws, Abcourt disclaims any intention or obligation
to update or revise any of these 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 press
release.