Abcourt Mines Inc. engages in the acquisition and exploration of mining properties in Canada. Mining Properties The company has two mining projects at an advance stage of development in Abitibi, Quebec, Canada: a silver/zinc project with the Abcourt-Barvue and Vendome-Barvallée properties north of Val-d’Or; and a gold project with the Elder and Tagami properties near Rouyn-Noranda. The company also has two advanced exploration projects, also in Abitibi, Quebec, Canada: the Aldermac property located near Rouyn-Noranda, Quebec, Canada with resources in copper, zinc, silver and gold; and the Jonpol property located near Amos, Quebec, Canada with resources in copper, zinc, silver and gold. Abcourt-Barvue property The Abcourt-Barvue property is located at Barraute, 60 kilometers north the mining community of Val-d’Or, Quebec. It covers 3,452 hectares with 85 claims and 2 mining concessions held 100% by the company. The mining plan involves the extraction of 85% of the ore from an open pit and 15% from underground stopes followed by the treatment of this ore in a mill built on the mine site with a capacity of 1,800 tonnes per day. The Vendôme-Barvalée property The Vendome property is located 11 kilometres south of the Abcourt-Barvue property. It comprises 24 full claims and 15 half claims for a total of 1,260 hectares owned 100% by Abcourt and 15 half claims (300 hectares), the royalty claims, on which Abcourt is entitled to receive a $2.00 per ton royalty for the first 500,000 tons of ore produced and a 25% joint venture interest afterwards. The Elder mine The Elder mine is owned 100% by the company. The mine is located six miles northwest from the mining community of Rouyn-Noranda, Quebec. The property comprises 24 contiguous claims and a mining concession covering an area of 587 hectares. The Tagamy property The company’s 100% owned Tagami property consists of 10 claims covering 329 hectares in Duprat Township, at the northern limit of the Elder Mine and 10 kilometres northwest of Rouyn-Noranda. The Aldermac property The company, in 2007, announced that a 4-year option was signed for 100% of the Aldermac property located in Beauchastel township near Rouyn-Noranda, Quebec, Canada. This 303-hectare property is the site of a former mine, serviced by a 495-meter 3-compartment shaft and nine levels. The Jonpol property The company, in 2007, entered into a 7-year option to purchase 100% of the Jonpol property located in Dalquier township near Amos, Quebec, Canada. This 880-hectare property was subject to several exploration programs.
abcourt mines inc -cl b
(ABI:TSX Venture Exchange)
506 des Falaises Street
Mont-St-Hilaire, QC J3H 5R7
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