Abcourt Mines Inc.

Abcourt Mines Inc.

January 30, 2007 10:23 ET

Abcourt Mines Inc.: Purchase of a Water Treatment Plant, Appointment of Mr. Jacques Levesque, C.A., as a Director

MONT-ST-HILAIRE, QUEBEC--(CCNMatthews - Jan. 30, 2007) -


Abcourt Mines Inc. (TSX VENTURE:ABI) is pleased to announce that it has purchased a used water treatment plant from a former producer in the area. This plant will be moved and re-installed on our mine site as soon as possible in the coming spring and it will enable us to start de-watering the Abcourt-Barvue pit as soon as we get permits.


Abcourt Mines Inc. is also pleased to announce that Mr. Jacques Levesque has been appointed as a director of the Company. Mr. Levesque has been a chartered accountant and income tax specialist since 1971. From 1975 to 1988, he was an associate and a director of the income tax department of Maheu Noiseux at Rouyn-Noranda. Since 1988, he has been acting as an independent chartered accountant and income tax specialist and his principal occupation is business financing and management of projects. Mr. Levesque has also been president of Orex Exploration Inc since March, 1993. The addition of Mr. Levesque will improve the ability of the Board to take important financial decisions in the near future.

Abcourt Mines Inc. is an exploration and development company with strategically located properties in Northwestern Quebec. The Abcourt-Barvue project with 43-101 silver-zinc resources and the Elder mine with 43-101 gold resources are both past producers. Abcourt is now focused on bringing these two projects back in production but at the same time, it is on the lookout for others projects which could be added to the latter. To know more about Abcourt, please consult our web site and Sedar .

The Abcourt shares are trading on the TSX Venture Stock Exchange under the symbol ABI.V and at Frankfurt and Berlin in Germany.

FORWARD-LOOKING STATEMENTS: Except for statements of historical facts, all statements in this news release, including, without limitation, statements regarding forecasts, plans and objectives of Abcourt Mines Inc., - are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate; actual results and future events could differ materially from those anticipated in such statements.

This press release was prepared by Abcourt Mines Inc. The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • Abcourt Mines Inc.
    Renaud Hinse
    819-768-2857 or 450-446-5511
    819-768-5475 or 450-446-3550 (FAX)
    Abcourt Mines Inc.
    Joe O'Brien
    Investors' relations
    416-750-8051 (FAX)