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Gold/Mining/Energy : Abcourt Mines Inc. (TSX-V: ABI) 750M lbs Zinc, 24M Oz Silver

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To: Internship who wrote (8)10/8/2019 11:32:19 PM
From: Internship   of 30
 
They just had a private placement done ! The proceeds from subscriptions of Units will be used mostly on two different gold properties owned 100% by Abcourt, as follows: At the Elder mine, a few holes will be drilled in vein 7 from drifts at the east end of levels 5 and 6 and a drift will be started on level 16 to explore veins 1 and 7 and to explore the Silidor and/or Smoky Creek faults were four orebodies were found in the past and produced a total of 8.5 M tonnes of ore with a little more than 5 grams of gold per tonne. Our contracting mine geologist has strongly recommended these targets. See the press release dated August 22, 2019. At the Sleeping Giant mine, the upper part of vein 8 will be explored with surface diamond drill holes. See press release dated September 10, 2019. The proceeds from subscriptions of Flow-through Units will be spent on the Abcourt-Barvue property, and on some other properties in Quebec owned by Abcourt.

abcourt.com
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