Mr. Pascal Hamelin reports

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

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

Highlights

Tonnes milled:  1,346 tonnes

Mill head grade:  7.2 grams per tonne

Percentage recovered:  95.8 per cent

Ounces produced:  298 ounces

Ounces poured:  425 ounces

Abcourt advanced the development of its workplaces and continued hiring in November. Abcourt added a fourth mining front as planned. The lower tonnage in November was caused by development sequence in two of the four workplaces. It was a question of timing to safely advance the workplaces like advancing ventilation to the next sublevel in one of the workplaces.

During a start-up, sequencing has a greater impact on throughput than a steady state operation with more mining fronts. The labour work force continued to increase in November, and the company agreed on a training program with its partner, Technica Mining, to train graduate students from mining schools in conventional mining. The training program will begin in January. The company plans to build the work force for the next decade with this training program.

Pascal Hamelin, president and chief executive officer, stated: "Seeing the head grade and the mill recovery upgrade on a month-to-month basis is very encouraging and helps us in the recruiting of the work force. There are many young mining graduates willing to join Abcourt with our work schedule and accommodations on the site. We will welcome, train and integrate them in our team to safely make Sleeping Giant mine a good place to succeed individually and as a team.

"We are also very pleased to announce that Abcourt has won the precious metal panel pitch battle at the Mines and Money conference in London earlier in December, and was featured amongst the best mining projects worldwide. Abcourt made it to the final round of the competition and will continue working toward raising awareness from investors all around 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 Regulation 43-101.

About Abcourt Mines Inc.

Abcourt Mines is a Canadian gold development 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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