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Enter Symbol
or Name
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CA



Abcourt Mines Inc
Symbol ABI
Shares Issued 153,284,772
Close 2012-03-07 C$ 0.165
Market Cap C$ 25,291,987
Recent Sedar Documents

ORIGINAL: Abcourt drills 10.5 m of 109 g/t Ag at Abcourt-Barvue

2012-03-07 09:06 ET - News Release

Received by email:

File: Press Release2012-03-07.doc

                                              FOR IMMEDIATE RELEASE 




         
ABCOURT INTERSECTS MORE GOOD SILVER VALUES 
ON THE ABCOURT-BARVUE PROPERTY 
Mont-St-Hilaire, Québec, Canada, March 7, 2012

Mr. Renaud Hinse, President and C.E.O. of Abcourt Mines Inc. (TSX-V: ABI, Berlin: AML-BE and Frankfurt Stock Exchanges
--->: AML-FF) (the "Company"), is pleased to report that holes AB11-69 and AB11-70, drilled in the western part of the Abc
--->ourt-Barvue property, have intersected good silver values over good width and depth, as indicated by the following res
--->ults:


Hole
 From
 To
 Meters
 Ag oz/t
 % Zn
 
 AB11-69
 292.50
 303.00
 10.50
 109.99
 2.29
 
 inc
 300.00
 303.00
 3.00
 297.00
 2.91
 
 
 
 
 
 
 
 
 AB11-70
 323.00
 333.00
 10.00
 102.32
 2.09
 
 inc
 330.00
 333.00
 3.00
 153.95
 1.43
 
 
True width is about 80% of core length.

31.1 grams = 1 ounce.
All assays were done by Techni-Lab S.G.B. Abitibi Inc., an approved laboratory.
The Abcourt-Barvue property is located 60 km north of Val d'Or, Quebec, Canada.
The intersection in hole AB11-69 was obtained at a depth of 260 meters. In hole AB11-70, the zone was cut at a depth o
--->f 310 m.
The drilling program on Abcourt-Barvue is designed to augment and to upgrade existing 43-101 all categories resources 
--->and reserves. "This drilling program continues to give excellent results and with the results indicated above, the dep
--->th potential is confirmed" stated Mr Hinse.

 About Abcourt Mines Inc.
Abcourt Mines Inc. is an exploration and development company with strategically located properties in northwestern Que
--->bec, Canada. The Elder Mine with 43-101 gold resources, the Abcourt-Barvue Project with 43-101 silver-zinc ore reserve
--->s and resources and the Aldermac property with historical copper-zinc resources are all former producers. Abcourt is n
--->ow focused on bringing the Elder and Abcourt-Barvue projects back into production with Elder as the first priority.  A
--->t the same time the company is working on other projects (Aldermac, Vezza, Jonpol and Vendome) to increase its mineral
---> resources inventory. A 43-101 resource calculation was completed in July, 2009, for the Elder Mine. A positive 43-101
---> feasibility study was completed by GENIVAR in 2007 on the Abcourt-Barvue Project. In addition, mill equipment was pur
--->chased. To know more about Abcourt, please visit our web site at www.abcourt.com and SEDAR.  




FORWARD-LOOKING STATEMENTS: Certain of the information contained in this news release may contain "forward-looking inf
--->ormation".  Forward-looking information and statements may include, among others, statements regarding the future plan
--->s, costs, objectives or performance of Abcourt  Mines Inc. (the "Company"), or the assumptions underlying any of the f
--->oregoing.  In this news release, words such as "may", "would", "could", "will", "likely", "believe", "expect", "antici
--->pate", "intend", "plan", "estimate" and similar words and the negative form thereof are used to identify forward-looki
--->ng statements.  Forward-looking statements should not be read as guarantees of future performance or results, and will
---> not necessarily be accurate indications of whether, or the times at or by which, such future performance will be achi
--->eved.  Forward-looking statements and information are based on information available at the time and/or management's g
--->ood-faith belief with respect to future events and are subject to known or unknown risks, uncertainties, assumptions a
--->nd other unpredictable factors, many of which are beyond the Company's control.  These risks, uncertainties and assump
--->tions include, but are not limited to, those described under "Risk Factors" in the Company's amended and restated annu
--->al information form dated November 26, 2010 and could cause actual events or results to differ materially from those p
--->rojected in any forward-looking statements.  The Company does not intend, nor does the Company undertake any obligatio
--->n, to update or revise any forward-looking information or statements contained in this news release to reflect subsequ
--->ent information, events or circumstances or otherwise, except if required by applicable laws.


This press release was prepared by Mr. Renaud Hinse, a qualified person, President of Abcourt Mines Inc.

For more information, please contact:
 
Renaud Hinse, President and Chief Executive Officer
T: 819 768-2857	450 446-5511
F: 819 768-5475 	450 446-3550
Email : rhinse@abcourt.com
 Neither 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.



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