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File: Press Release24oct2012.doc

                                              FOR IMMEDIATE RELEASE 



         
P.E.A. ON ELDER
 
Mont-St-Hilaire, Québec, Canada, October 24, 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"), reports to the Company's shareholders that Roche, Groupe-Conseil, has confirmed him that th
--->e preliminary economic assessment report (P.E.A.) on the Elder mine project will be delivered to the Company on the la
--->test on November 1, 2012.

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, 2012, 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.  


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.