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An announcement from Abcourt Mines ( (TSE:ABI) ) is now available.
Abcourt Mines Inc. announced successful assay results from its drilling campaign on the Flordin property, confirming the east extension of the South Zone. The drilling intersected significant gold mineralization, with one hole revealing a large mineralized envelope of 47.2 metres at 1.1 g/t gold. This discovery demonstrates the continuity of high-grade gold mineralization over more than 1.8 kilometres between the South and Cartwright Zones, with plans for further exploration to connect these zones. The results enhance Abcourt’s operational prospects and strengthen its position in the gold mining sector.
More about Abcourt Mines
Abcourt Mines Inc. operates in the mining industry, focusing on the exploration and development of gold properties. The company is primarily engaged in gold mining and exploration activities, with a market focus on expanding its mineral resources and reserves.
YTD Price Performance: -16.67%
Average Trading Volume: 253,606
Technical Sentiment Signal: Hold
Current Market Cap: C$40.32M
For an in-depth examination of ABI stock, go to TipRanks’ Stock Analysis page.