Abcourt Mines Inc.

Abcourt Mines Inc.

March 12, 2008 09:51 ET

Additional Large Copper-Zinc Intersections Cut by Abcourt Drilling on Aldermac Property

MONT-ST-HILAIRE, QUEBEC--(Marketwire - March 12, 2008) - Mr. Renaud Hinse, president and C.E.O. of Abcourt Mines Inc. (TSX VENTURE:ABI), is pleased to report additional large copper-zinc intersections in diamond drilling on Aldermac property.

Hole AL08-12, drilled at -50o S, intersected two zones. From 290.00 m to 320.00 m, a 30.0-meter massive sulphide intersection averaged 0.39% copper, 2.54% zinc, 12.40 g/t silver and 0.99 g/t gold, including from 305.00 m to 311.00 m, a 6-meter higher grade intersection which averaged 0.37% copper, 6.34% zinc, 11.3 g/t silver and 0.028 g/t gold. This intersection is located at an average depth of 232 meters, 245 meters east of the shaft. This was followed by a second massive sulphide intersection from 327.50 to 367.80 m, which averaged 1.16% copper, 5.42% zinc, 35.88 g/t silver and 0.46 g/t gold, over 40.30 meters. The intersection is located at an average depth of 265 meters, 256 meters east of the shaft. True width is about 90% of core length.

Hole AL08-13, drilled at -83o N, cut from 269.75 m to 301.43 m a 27.05-meter massive sulphide intersection which averaged 1.09% copper, 3.15% zinc, 16.7 g/t silver and 0.03 g/t gold. This intersection is located 305 meters east of the shaft, at an average depth of 290 meters. True width is about 33 meters (105').

As most of the earlier plans have been lost or are incomplete, our drilling objectives were first to locate and outline the old underground openings (drifts and stopes), then validate the historical resources and possibly find new one. Holes AL08-12 and AL08-13, like hole AL08-11 reported previously, fall into the latter category and will contribute eventually to the preparation of a NI 43-101 resource report.

The assays were done at Techni-Lab S.G.B. inc., a qualified laboratory.

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 are both past producers. Abcourt is now focused on bringing these two 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 recently completed on the Abcourt-Barvue project. In addition, mill equipment has been purchased. For additional information, see our Press Releases dated February 16, 2007, August 9, 2007, February 1st and February 7, 2008. To know more about Abcourt, please consult our web site and Sedar , see "Abcourt Mines Inc".

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 Mr Renaud Hinse, a qualified person, president of 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, president
    819-768-2857 or 450-446-5511
    819-768-5475 or 450-446-3550 (FAX)
    Joe O'Brien
    Investors' relations
    416-750-8051 (FAX)
    MI 3 Communications inc.
    Mario Drolet
    514-907-2331 (FAX)