Abcourt Mines Inks Lucrative Quebec Lands Deal

Abcourt Mines (TSE:ABI) has released an update.

Abcourt Mines Inc. has struck a deal with Québec Pegmatite Holdings Corp., allowing the latter to acquire full interest in select mining claims across the Courville and Abcourt Barvue projects in Québec for a series of payments totaling $2 million. The agreement excludes the zinc-silver deposit of Abcourt-Barvue but includes strategic sectors that have been underexplored, offering potential for new discoveries. Abcourt retains a 2% net smelter return royalty, ensuring ongoing benefits from the deal.

For further insights into TSE:ABI stock, check out TipRanks’ Stock Analysis page.