Mr. Pascal Hamelin reports

ABCOURT PRESENTS OPERATIONS UPDATE FOR OCTOBER 2025 IN THE DEVELOPMENT OF THE SLEEPING GIANT MINE

Abcourt Mines Inc. has presented an update on the October development work at the Sleeping Giant mine, located in the Eeyou Istchee region of Quebec.

Highlights

Tonnes milled:  2,563 tonnes

Mill head grade:  6.0 grams per tonne

Per cent recovered:  95.6 per cent

Ounces produced:  475 ounces

Ounces sold:  124 ounces

Abcourt continued hiring in October to increase feed tonnage at the mill. Hiring will continue in the coming weeks to further increase mill feed volume. The corporation received the custom milling permit in October to start discussion with neighbors about processing third party materials.

As of Oct. 31, one stope was in production and two were under development underground. At the tailings facilities, civil engineering work continued in preparation for the planned lift in the summer of 2026. The number of diamond drill rigs increased from two to three during October. The variation in diamond drilling meterage from month to month is due, in part, to the number of drill rig moves during the month. The decrease in drift rehabilitation meterage in October was due to crews being redeployed to the shaft station rehabilitation at levels 235, 295 and 355.

Pascal Hamelin, president and chief executive officer, stated: "We are continuing to advance development and production underground and at the mill. Our priority remains the hiring, onboarding and training of new employees. We went from 76 employees at the end of June to 106 at the end of October plus the addition of contractors to support us."

Communication and marketing

Abcourt has been busy in October taking the words out about the current gold pour and the advancement of the company's projects.

Early in the month, the corporation had a booth at the Munich Mining Conference to introduce its achievement to the European investors. Later, the company had investors coming to the mine site to show them first hands how fast things were moving.

The company also had a full interview crew coming with camera and drone to document the different phase of its project. The cameraman interviewed many employees and made good promotional pieces that will be use all through the year to build new communication material for the company.

In early November, Abcourt attended the Red Cloud Mining Showcase in Toronto and the New Orleans investment conference. At the end of November, Abcourt will present at Mines and Money in London where the company will present in a pitch battle against some of the best mining projects in the 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 National Instrument 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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