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Abcourt Mines Inc
Symbol ABI
Shares Issued 276,678,218
Close 2017-09-25 C$ 0.08
Market Cap C$ 22,134,257
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Abcourt releases 2014 Sleeping Giant drill results

2017-09-25 12:28 ET - News Release

Mr. Renaud Hinse reports

ABCOURT ANNOUNCES NON-PUBLISHED 2014 DIAMOND DRILLING RESULTS AT THE SLEEPING GIANT MINE

A review of available documents at Abcourt Mines Inc.'s Sleeping Giant mine indicates that more than 50 underground holes were drilled after the last press release by Aurbec Mines Inc. on May 26, 2014.

Fourteen of these holes cut high gold values. These intersections grading more than five grams of gold per tonne over an orthogonal thickness of 1.6 metres gave a non-cut average of 14.45 grams of gold per tonne.

These holes were drilled under the supervision of Denis Desjardins, a geologist who, at that time, worked for Mines Aurbec and who is currently working for Abcourt Mines. Mr. Desjardins is a qualified person according to National Instrument 43-101. A table of results is attached.

        ESTIMATE OF GRADE FOR AN ORTHOGONAL MINIMUM WIDTH OF 1.6 METRES

            Assays GD    Length    Orthogonal     Revised GD            Minimum
               (uncut)  of core         width   assays uncut   orthogonal width
              (g/t Au)       (m)           (m)       (g/t Au)                (m)
Level 415
41-391-14       44.30      1.00          0.80          22.23               1.60
41-392-14       50.08      2.10          1.83          50.08               1.83
41-397-14       18.43      0.70          0.78           8.98               1.60
41-408-14       25.27      1.00          0.51           7.99               1.60
41-409-14       14.01      0.70          0.58           5.09               1.60
41-410-14       22.17      0.70          0.47           6.48               1.60
41-410-14       63.84      0.60          0.47          18.67               1.60
41-411-14       25.81      0.60          0.46           7.37               1.60
41-411-14      120.59      1.90          0.45          33.84               1.60
41-413-14       17.67      1.90          1.02          11.26               1.60
41-414-14       36.75      0.90          0.48          11.07               1.60
Level 605
60-416-14       15.41      0.80          0.70           6.70               1.60
60-417-14       13.53      1.00          0.85           7.20               1.60
Level 975
97-471A-14      42.74      0.70          0.54          14.48               1.60
97-475-14       21.30      0.80          0.50           5.90               1.80
97-476-14       41.73      0.90          0.60          13.91               1.80

Notes: The orthogonal width is estimated from the length of core,
the altitude of the drill hole and of the mineralized vein.
The wall rock included in the average was taken at zero gram of gold 
per tonne. DD assays indicate assays done at the Sleeping Giant mine lab.

Qualified persons and quality control and quality assurance protocols

Valere Larouche, Ing, was the on-site manager and Denis Desjardins, PGeo, was responsible for design and conduct of the exploration program in 2013 and 2014. Both professionals were employees of Aurbec at the time of the drilling campaign. Forages M. Rouillier Inc. was the diamond drill contractor. Mr. Desjardins is a senior geologist now working for Abcourt Mines at the Sleeping Giant site.

This press release reports uncut core length assays, as indicated previously, with an estimation of a minimum orthogonal width of 1.6 metres.

Diamond drill core samples are split, with half returned to the core box and the other half bagged, tagged and submitted to Aurbec's on-site assay laboratory at the Sleeping Giant mine. Aurbec's laboratory is neither independent nor accredited. Quality control and quality assurance protocols include insertion of blanks, duplicates and standards to monitor laboratory accuracy and precision. Aurbec also submits pulps to Agat Laboratories Ltd. or ALS Global Geochemistry Laboratories for independent and ISO-accredited duplicate assays. Batches that fail quality assurance/quality control protocol are rerun. Unaccredited assays are used in weighted average calculations when an independent check assay is not available.

Agat Laboratories is certified to the ISO 9001 standard and accredited with ISO/IEC 17025:2005 for specific tests that conform to CAN-P-1579.

ALS Global Geochemistry Laboratories is registered with ISO 9001:2008 and accredited with ISO/IEC 17025 for specific laboratory procedures.

About Abcourt Mines Inc.

Abcourt Mines is a gold producer and a Canadian exploration company with strategically located properties in northwestern Quebec, Canada. The Elder property has gold resources (2012) and a positive preliminary economic assessment study.

The Abcourt-Barvue property has silver-zinc resources (2014).

In 2016, Abcourt acquired the Sleeping Giant mine and mill, located halfway between Amos and Matagami in Abitibi, Que., in the territory covered by the Plan Nord of the Quebec government.

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