Elder Mine and Tagami Property,
Gold Reserves & Resources Quebec
TSX VENTURE: ABI
http://www.abcourt.com
Mr. Renaud Hinse reports:
Mont-St-Hilaire, Quebec, Canada / TheNewswire / April 25, 2018 -
Mr. Renaud Hinse, President and Chief Executive Officer of
Abcourt Mines Inc. (TSX-V: ABI, Berlin: AML-BE and Frankfurt Stock
Exchanges: AML-FF) ("Abcourt" or the "Company") is please to announce
that a NI 43-101 update report of resources on the Elder mine has been
prepared by Jean-Pierre Berube, engineer, independent consulting
geologist and a Qualified Person according to NI 43-101, with pertinent
experience in this domain.
This update was done in three parts.
The first part is inside the limits of mining concession 363 and
covers the upper part of the mine, from the 10th level to surface.
The second part covers the lower part of the mine, below the 10th level.
This update was prepared for an application to have a mining lease.
The third part is located immediately to the North of the Elder mine and
was incorporated in the 2012 calculations of resources.
See the cross-section below.
At the Elder mine, the No. 1 vein is the main vein.
It extends over a strike distance of about 650 meters, from
surface to the bottom of the mine.
The dip is 22o to the South.
It is accompanied by vein #3 and #6 with the same strike and dip.
There are also veins No.2 and No.2A, from the 4th level to surface,
with the same strike and a dip of 40o S and vein No.4 with a
North-South direction and a dip of 22o to the East.
See the cross-section on the previous page.
Vein #7 is indicated in one hole with marginal values.
Additional drilling will be done to assess the economic potential of
this structure.
https://www.juniorminingnetwork.com/junior-miner-news/press-releases/857-tsx-venture/abi/45765-abcourt-mines-update-of-43-101-resources-for-elder-mine-and-tagami-property.html
Note.
Abcourt Mines Inc. is a mining company with excellent operating
potential for gold, silver and zinc.
Among its many assets all located in Abitibi, Quebec, it has an
operating gold mine advantageously located in the mining community of
Abcourt Mines Inc. is a mining company with excellent operating
potential for gold, silver and zinc.
Among its many assets all located in Abitibi, Quebec, it has an
operating gold mine advantageously located in the mining community of
Rouyn-Noranda, a processing plant with a capacity of 750 tonnes / day,
an advanced project for zinc and silver mining and a large portfolio of
exploration properties., a processing plant with a capacity
of 750 tonnes / day,(designed to be extended to 1.500 t/day)
an advanced project for zinc and silver mining and
a large portfolio of
exploration properties.
Abcourt owns 100% of the Elder and Tagami properties, made up of one
mining concession, a mining lease, claims and parts of claims
for which a mining lease has been asked and adjacent claims.
$Elder Gold Mine and Tagami - neighbor to Rouyn-Noranda were
more than 10 mil. ounces of gold been mined but of all gold mines -
Elder Gold Mine survived the low POG.
IMO!
Table of resources and parameters used
$As of June 30, 2017, mineral resources in the measured and indicated
categories, within the mining concession 363, in the upper part of
the mine were as follows:
https://www.juniorminingnetwork.com/junior-miner-news/press-releases/857-tsx-venture/abi/45765-abcourt-mines-update-of-43-101-resources-for-elder-mine-and-tagami-property.html
http://abcourt.com/
Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or
accuracy of this release.
In GOD We Trust - Real Money -
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Gold & Silver is the only REAL Legal Tender -
by The Founding Fathers for your -
Rights, Liberty and Freedom -
http://www.biblebelievers.org.au/monie.htm
God Bless America
Ps.
opinion appreciated
TIA
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