Mr. Renaud Hinse reports
ABCOURT ANNOUNCES ADDITIONAL 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.
Eleven holes cut high gold values. These holes are in addition to the 14 holes
reported previously. The intersections, on a minimum orthogonal thickness of 1.6 metres,
gave a non-cut average of 12.09 grams per tonne gold.
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. The attached table shows a summary of results.
ESTIMATE OF GRADE FOR AN ORTHOGONAL MINIMUM WIDTH OF 1.6 METRES
Hole Assays Length Orthogonal Revised Minimum
SG (m) width SG assays orthogonal
(g/t Au) (m) uncut width
(g/t Au) (m)
Level 415
41-400-14 17.54 4.20 3.94 17.54 3.9
41-402-14 14.35 0.70 0.66 5.87 1.6
41-403-14 8.69 1.10 0.97 5.28 1.6
41-405-14 9.66 1.00 0.88 5.33 1.6
41-405-14 37.78 2.60 2.31 37.78 2.3
41-407-14 10.68 1.10 1.03 6.88 1.6
41-407-14 14.21 1.00 0.93 8.29 1.6
Level 605
60-419-14 14.51 0.70 0.58 5.24 1.6
60-420-14 14.02 0.80 0.76 6.62 1.6
60-421A-14 6.01 1.90 1.80 6.01 1.8
60-421A-14 28.3 1.10 0.99 17.46 1.6
Level 975
97-488-14 33.05 1.10 1.01 18.45 1.8
97-490-14 18.93 0.70 0.59 6.23 1.8
97-493-14 15.94 0.80 0.53 4.68 1.8
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 per tonne gold.
SG assays indicates assays done at the Sleeping Giant mine lab.
These assays will be used in the revised NI 43-101 resource estimate
currently being made.
Qualified persons and quality control/quality assurance protocols
Valere Larouche, Ing, was on-site manager, and Denis Desjardins, PGeo, was responsible
for design and conduct of the exploration program in 2013/2014. 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 senior geologist working now 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/quality
assurance protocols include insertion of blanks, duplicates and standards to monitor
laboratory accuracy and precision. Aurbec also submits pulps to Agat Laboratories or ALS
Global Geochemistry Laboratories for independent and ISO-accredited duplicate assays.
Batches that fail quality control/quality
assurance 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 are 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. Abcourt is focusing on the exploitation of the Elder mine.
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.
This press release was prepared by Renaud Hinse, engineer and president of Abcourt
Mines. Mr. Hinse is a qualified person under the terms of Regulation 43-101.
We seek Safe Harbor.
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