17:00:11 EDT Mon 26 Oct 2026
Enter Symbol
or Name
USA
CA



Abcourt Mines Inc
Symbol ABI
Shares Issued 1,249,834,090
Close 2026-10-23 C$ 0.055
Market Cap C$ 68,740,875
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Abcourt Mines produces 740 ounces Au in September

2026-10-26 15:37 ET - News Release

Mr. Pascal Hamelin reports

ABCOURT MINES PRODUCES 740 OUNCES OF GOLD IN SEPTEMBER

Abcourt Mines Inc. has provide an update on its mining and gold milling operations for the month of September. This latest update demonstrates accelerating progress across all production indicators compared with the results presented in the previous report.

Operating highlights:

  • Feed volume: A total of 7,253 tonnes of ore was crushed and 6,739 tonnes were milled during the period.
  • Average grade: The overall average mill feed grade reached 3.42 grams per tonne gold.
  • Gold production: The mill generated 740 ounces of gold, supported by a strong recovery rate of 94.1 per cent.
  • Metal pours: A total of 545 ounces of gold were officially poured during the month of September.
  • In-circuit inventory: At the end of the period, 741 ounces of gold remained in the mill circuit (work-in-progress inventory), representing significant latent value for coming pours.

Detailed feed sources

The company optimized its mill feed by blending higher-grade ore from underground workings with surface stockpiles:

  1. Underground production: 5,582 tonnes extracted directly from the underground deposit, averaging 3.62 grams per tonne gold;
  2. Low-grade stockpile: 1,157 tonnes sourced from the historical low-grade stockpile, successfully reclaimed and converted into mill feed at an average of 2.41 grams per tonne gold.

The comparative table below highlights the operational performance growth between August and September.

With the month of October well under way, the company is also proud to announce its progress across various development faces.

Pascal Hamelin, president and chief executive officer of Abcourt, stated: "September's results show solid progress in our operations and confirm that our mill is gaining efficiency. Doubling our gold production in a single month, while achieving a 94.1-per-cent recovery rate, is a testament to the quality of our operational planning and the constant efforts of our teams on the ground. Optimizing our mill feed by blending higher-grade underground ore with reclaimed surface stockpiles is clearly paying off and validates our gradual growth model. Furthermore, with a second mill crew currently in training this week, we will be able to process more ore starting in November."

Qualified person

Pascal Hamelin, PEng, president and chief executive officer of the company, has reviewed and approved the technical information contained in this press release. Mr. Hamelin is a qualified person as defined by National Instrument 43-101.

About Abcourt Mines Inc.

Abcourt Mines is a Canadian gold development company with strategic properties located in northwestern Quebec, Canada. Abcourt owns the Sleeping Giant mine and mill and the Flordin property, where it concentrates its activities.

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