Feb 11 2015
Mr. Renaud Hinse, President and Chief Executive Officer of Abcourt Mines Inc. is pleased to announce that a 1,500-meter surface diamond drilling program is starting immediately on the Abcourt properties, in Abitibi, Quebec.
The drilling will start at the eastern end of the Barvue property at Barraute. The first hole will check a 1.04-meter gold intersection grading 36.34 grams per tonne, at a depth of about 130 meters below surface, in hole B86-06, drilled in the past. The second hole will be drilled at depth in the main silver-zinc zone to upgrade some inferred resources into indicated resources. The third hole will be drilled on the Aldermac property to check a non-assayed massive sulphide zone intersected by an underground hole drilled by former owners. Lastly, three holes will be drilled on the Elder property. One hole will be drilled at depth, in the western part of the mine, slightly above the 9th level and two holes will be drilled near surface, in an area where good values were found in 2013.
Mine development at Elder
Mine development at the Elder gold mine goes well. A main cross-cut on the 6th level has now reached old drifts. These old drifts are being rehabilitated and extended. They give us access to new stoping blocks. More details will be given in the next quarterly report for the 3-month and 6-month periods ending on December 31, 2014.