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Abcourt Mines Unveils New Gold Discovery on Flordin Property

Story Highlights
  • Abcourt Mines discovers a new gold zone on Flordin Property, revealing 1.3 g/t gold over 28.5 metres.
  • Drilling results show high-grade gold continuity over 1.8 km, potentially boosting Abcourt’s market position.
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Abcourt Mines Unveils New Gold Discovery on Flordin Property

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Abcourt Mines ( (TSE:ABI) ) has provided an announcement.

Abcourt Mines has announced the discovery of a new gold mineralized zone on its Flordin Property, with assay results showing 1.3 g/t gold over 28.5 metres, including a higher concentration of 5.1 g/t gold over 3 metres. The drilling campaign has expanded to the western part of the property, demonstrating the continuity of high-grade gold mineralization over a distance of more than 1.8 km. This discovery could enhance Abcourt’s operational prospects and strengthen its position in the gold mining sector.

More about Abcourt Mines

Abcourt Mines Inc. is involved in the mining industry, focusing on the exploration and development of gold properties. The company primarily operates in the Lebel-sur-Quévillon area, with a strong emphasis on discovering and expanding gold mineralized zones.

YTD Price Performance: -16.67%

Average Trading Volume: 272,442

Technical Sentiment Consensus Rating: Sell

Current Market Cap: C$39.97M

Find detailed analytics on ABI stock on TipRanks’ Stock Analysis page.

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