Abcourt Mines Inc.

Abcourt Mines Inc.

November 10, 2010 16:07 ET

Abcourt Accelerates its Diamond Drilling Program

MONT-ST-HILAIRE, QUEBEC, CANADA--(Marketwire - Nov. 10, 2010) - Mr. Renaud Hinse, president and C.E.O. of Abcourt Mines Inc. (the Company), (TSX VENTURE:ABI) (BERLIN:ABI) (FRANKFURT:ABI) (is pleased to announce that the Company is accelerating its diamond drilling program.

On the Elder-Tagami property, considering the good results obtained so far (see press releases dated March 1st, May 25, June 15, August 6, September 14, October 8 and November 4, 2010) and the recommendation made by Mr Jean-Pierre Bérubé, geological consultant, two drills are now working on that property to extend the mineralized zone at the eastern and western ends of the mine workings.

On the Abcourt-Barvue property, considering the high price of silver, one drill is now working in a area where good silver values are likely to occur and at the same time to upgrade some resources from inferred to measured or indicated.

Abcourt Mines Inc. is an exploration and development company with strategically located properties in Northwestern Quebec, Canada. The Abcourt-Barvue project with 43-101 silver-zinc ore reserves and resources and the Elder mine with 43-101 gold resources and the Aldermac property with historical copper-zinc resources are all former producers. Abcourt is now focused on bringing the Abcourt-Barvue and Elder projects back in production and at the same time, it is working on other projects (Aldermac, Jonpol and Vendome), to increase its mineral resources inventory. A positive 43-101 feasibility study was completed in 2007 on the Abcourt-Barvue project. In addition, mill equipment was purchased. A 43-101 resource calculation was recently done for the Elder mine. To know more about Abcourt, please consult our web site and Sedar, see "Abcourt Mines Inc". A small location plan and longitudinal projection of the Aldermac mineralized zones are shown on our web site. A small location plan of the Elder and Tagami properties is also shown on our web site.

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 Mr. Renaud Hinse, a qualified person, president of Abcourt Mines Inc.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information

  • Abcourt Mines Inc.
    Renaud Hinse
    819-768-2857 / 450-446-5511
    819-768-5475 / 450-446-3550 (FAX)