Mr. Renaud Hinse reports

SURFACE DRILLING AT ELDER MINE HAS INTERSECTED SEVERAL GOOD GOLD INTERSECTIONS

Abcourt Mines Inc. has completed the first 1,788 metres, in 11 surface diamond drill holes, to date at the Elder mine. Good results have been obtained in vein No. 3 and vein No. 4. See the attached table.

   
  
Hole No.   From metres   To metres   Length metres   Grade g/t

Vein No. 3                                               

E 17-81          77.32       79.12            1.80        3.74      
E 17-82          99.00      100.80            1.80        3.44      
E 17-85         161.35      163.15            1.80       10.35     
E 17-87         162.42      164.42            2.00        4.20      
Average                                       1.85        5.40      

Vein No. 4                                               

E 17-79          52.50       54.30            1.80        5.09      
E 17-84          54.35       56.15            1.80        4.39      
E 17-86          63.42       65.53            2.11        5.80      
E 17-87          89.40       91.26            1.86        9.27      

Average                                       1.89        5.31      

The length of core represents the vertical thickness of the ore. The veins are dipping at about 22 degrees. In holes E 17-80, E 17-83 and E 17-88, the values are lower than those reported in the table. In vein No. 3, the intersections were in addition to previous holes 87-02 with 1.80 metres at 14.33 grams per tonne of gold, 45-67 with 1.50 metres at 6.73 g/t of gold and 45-07 with 2.81 metres at 11.66 g/t of gold. Assays are pending for hole E 17-89.

In vein No. 4, the values obtained are within existing ore blocks of the 2012 resource estimate (National Instrument 43-101).

Qualified persons and procedures for quality assurance and quality control

Eugene Gauthier, PGeo, and PEng, is the geologist in charge at the Elder mine. Laurent Halle, PGeo, is co-responsible with Mr. Gauthier for the management of the surface exploration program. Mr. Halle and Mr. Gauthier are both professional contractors for Abcourt Mines Inc. The drilling company, G4, is executing the work.

The scientific and technical content has been prepared by Renaud Hinse, PEng. The content has been approved by Mr. Gauthier and Mr. Halle. These three persons act as qualified persons, according with NI 43-101 rules for information relating to mining projects (43-101 regulations).

This press release presents the assay results from core samples for a minimum width of 1.8 metres.

Core samples are cut in two equal parts with one part kept in the box and the other half put in a plastic bag, numbered and sent for assays to the Sleeping Giant laboratory. The latter is not independent or accredited. Procedures for quality assurance and quality controls at this laboratory include insertions of blanks, replicates and standards for precision and accuracy of results. Abcourt Mines also sends duplicate pulps to ALS Global Laboratory, an independent and ISO certified lab. Any batch that fails QA/QC protocol is reassayed. Non-certified assays are used to calculate weighted averages when independent assays are not available.

ALS Global Chemistry Laboratory is certified ISO 9001 2008 and is certified ISO/EC 17025 for some 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.

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.

We seek Safe Harbor.