10:19:05 EDT Sat 17 Aug 2019
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Abcourt Mines Inc
Symbol C : ABI
Shares Issued 299,534,170
Close 2019-05-01 C$ 0.05
Recent Sedar Documents

Abcourt Mines adds risk disclosure to feasibility study

2019-05-02 10:18 ET - News Release

Mr. Renaud Hinse reports


Following a verification by the Autorite des Marches du Quebec, Abcourt Mines Inc. learned that it had to modify item 25 of the technical report by adding a discussion on the substantial risks and uncertainty, which are reasonably susceptible to affect the reliability of the mineral resources or mineral reserves and the expected economical results or on the trust that it may have on them. In addition, the qualified persons have to describe the repercussions reasonably foreseeable from theses risks and uncertainty on the economical viability of the project

Besides, the qualified persons have to file their consent with the filing of the technical report on SEDAR.

These modifications are now incorporated in the technical report filed today. The economic analysis has not been modified and the project remains very interesting.

About Abcourt Mines Inc.

Abcourt Mines is a gold producer and a Canadian exploration company with strategically located properties in northwestern Quebec, Canada. The Elder property has updated gold resources (2018) and an updated preliminary economic assessment study (2018). Abcourt is focusing on the exploitation of the Elder mine.

This press release was prepared by Renaud Hinse, engineer and president of Abcourt Mines. Mr. Hinse is a qualified person under the terms of Regulation 43-101. Mr. Hinse has approved the scientific and technical disclosure.

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