Abcourt Mines Unveils Q3 Results and Funding Plans

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

Abcourt Mines Inc. disclosed third-quarter results, highlighting $1.76 million in exploration work, primarily on the Sleeping Giant property’s underground drilling campaign. The company confirmed a new gold zone near the Flordin deposit and reported processing 2,325 tonnes of mineralized material at the Sleeping Giant plant since its February 2024 restart. Additionally, Abcourt announced a $5 million private placement to fund ongoing development and exploration at the Sleeping Giant gold project and for corporate needs.

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