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Abcourt Mines Inc.
Summary
| Project: | Abcourt-Barvue | |
|---|---|---|
| Deposit: | Abcourt-Barvue | |
| Location: | Canada | |
| Commodities: | Silver-Zinc | |
| Date: | 2/11/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Feasibility Study | |
| Project Stage: | Mine Development | |
| Report details: | 11-2-2019: Abcourt Mines Inc. announces a Feasibility Study report for its Abcourt-Barvue deposit at the Abcourt-Barvue project. Feasibility Study results incl. post-tax NPV of CA $41M (8%), IRR of 20.5%. Abcourt Mines Inc (Abcourt) is a Rouyn-Noranda bas | |
| Resources: | (Resource, M+I): 8.083Mt @ 55.45g/t Ag, 3.06% Zn at project | |
| CP/QP: | [Resources]: Paul Bonneville (PRB Mining Services Inc.) | |
| ABSTRACT: | Abcourt Mines Inc (Abcourt) is a Rouyn-Noranda based company contemplating to develop a mine-mill complex with open pit and underground operations on its AbcourtBarvue property in the Abitibi region, Quebec, Canada. This property was in production by an open pit and an underground mine during two different periods. The project consists of three open pits, namely Barvue, Abcourt East and Abcourt West, and the development of an underground mine to produce a zinc-silver concentrate. This National Instrument 43-101 Technical Report on the Abcourt-Barvue Project was prepared at the request of Abcourt to present the findings of an update to the Technical Feasibility Study Report On The Abcourt-Barvue Deposit dated February 15, 2007. The Abcourt-Barvue Project is located in the Abitibi area, northwestern Quebec, Canada, 60 km north of the town of Val d’Or. The project is located on an existing mine site with several readily useable infrastructures, in a very easily accessible area where all services may be obtained at competitive prices. Abcourt commissioned PRB Mining Services Inc. (PRB) and Bumigeme Inc. (Bumigeme) to update the 2007 feasibility study using current economic parameters, the Genivar 2007 pit design, and modifying the process flowsheet to eliminate the silver cyanidation circuit and produce solely a zinc-silver concentrate. | |
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