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Transaction Announcement Reports
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Project: | Discovery-Flordin | |
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Deposit: | Discovery-Flordin | |
Location: | Canada | |
Commodities: | Gold | |
Date: | 3/20/2019 | |
Report Code: | NI43-101 | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resources Definition | |
Report details: | 20-3-2019: Abcourt Mines Inc. announces an Exploration/Drilling Update report for its Discovery-Flordin deposit at the Discovery-Flordin project. Drilling results incl. 3.50m @ 22.63g/t Au from 47.70m. Abcourt Mines Inc. (TSX-V: ABI, Berlin: AML-BE and Fr | |
Resources: | x | |
CP/QP: | [Overall Report]: Renaud Hinse (Internal) | |
ABSTRACT: | Abcourt Mines Inc. (TSX-V: ABI, Berlin: AML-BE and Frankfurt Stock Exchanges: AML-FF) (“Abcourt” or the “Mines Abcourt inc.) announces the results of a surface drilling program completed in the Fall of 2018. Twenty-one holes totaling 4,835 meters were drilled on different properties. Several good values were obtained. The property covers the Cameron deformation corridor in the western extension of the Flordin property held 100% by Abcourt and the Cameron Shear, held 50% by Jien Canada Mining Ltd and 50% by Abcourt Mines inc., as Mines Aurbec inc. had earned 50% in this property before going bankrupt. Abcourt purchased all the assets of Mines Aurbec inc., including its interest in the Cameron Shear property. The objective of the 2018 drilling program was to outline extensions to some of the best gold intersections obtained in the NAP Québec drilling campaigns of 2010 and 2011. Twelve (12) NQ holes, for a total of 2,757 meters were drilled between sections 400W and 1470E, covering zones “B” and “30”. The Discovery property is located 35 km to the north-west of the Lebel-sur-Quévillon municipality, Quebec, Canada. It is located on the SNRC 32F/06 map and straddle the Desjardins and Bruneau townships border line. The property is located on the Lac Simon Algonquin land of category III. It is owned 100% by Mines Abcourt Inc. It consists in 83 mining titles (CDC) totaling 4,165.7 hectares. | |
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