10:29:17 EST Fri 07 Nov 2025
Enter Symbol
or Name
USA
CA



Abcourt Mines Inc
Symbol ABI
Shares Issued 1,011,680,519
Close 2025-08-19 C$ 0.075
Market Cap C$ 75,876,039
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Abcourt Mines starts mill at Sleeping Giant project

2025-08-20 14:25 ET - News Release

Mr. Pascal Hamelin reports

ABCOURT STARTS THE MILL AT THE SLEEPING GIANT PROJECT

Abcourt Mines Inc. has started the mill at the Sleeping Giant project in Eeyou Istchee, Que.

Following the recent update made in the Aug. 7 press release, the corporation is happy to announce that the mill is currently turning at the Sleeping Giant site. The material processed comes 100 per cent from the development operations at the Sleeping Giant project directly under the mill. The corporation will fill the mill circuit within the next few weeks to pour the first gold bar from Sleeping Giant since 2014.

Historically, from 1987 to 2014, this mill processed 3.37 million tons mined from the Sleeping Giant deposit at 10.29 grams per tonne Au to produce 1,073,111 oz Au. It later processed the material from the Elder mine from 2016 to 2022. More recently, in 2024, it completed the processing of the 5,000-ton bulk sample from the Pershing-Manitou deposit at a rate of 32 tons per hours. In the last few months, Abcourt invested funds to put the mill in operational state.

Pascal Hamelin, president and chief executive officer of Abcourt, commented: "We are very pleased with the way operations are going so far. Having the mill out of its care and maintenance mode is a major milestone that shows the market our constant advancement. We've operated this mill in the past, and we believe the ramp-up and testing phase on the current material should be smooth and without major issues. Then, the company plans on meeting with the investment community through different trade shows until the end of 2025 to showcase our great project."

The company will be attending the Mining Forum Americas 2025, from Sept. 14 to Sept. 17, 2025, at the Broadmoor Hotel & Resort in Colorado Springs, United States, to present its achievement to the mining investment world.

Qualified person

Pascal Hamelin, Eng, president and chief executive officer of the corporation, has verified and approved the technical information contained in this press release.

Mr. Hamelin is a qualified person under Regulation 43-101.

About Abcourt Mines Inc.

Abcourt Mines is a Canadian exploration company with properties strategically located in northwestern Quebec, Canada. Abcourt owns the Sleeping Giant mine and mill, as well as the Flordin property, where it focuses its development activities.

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