Abcourt Mines Inc.

Abcourt Mines Inc.

December 11, 2006 15:20 ET

Update on the Elder and Abcourt-Barvue Projects

MONT-ST-HILAIRE, CANADA--(CCNMatthews - Dec. 11, 2006) - Abcourt Mines Inc. (TSX VENTURE:ABI) is pleased to report assay results from the current 40-hole exploration drill program at its Elder Gold mine property located in Rouyn-Noranda, Quebec. The intention of the drill program is to increase the known gold resources at the Elder Mine.

Here are the results of the most recent holes:

Hole number Depth Length Au
From (m) To (m) (m) g/t
06 - 04 140.70 141.96 1.09 3.36
155.60 156.25 0.85 2.63

06 - 06 139.28 141.50 2.22 3.50
185.50 188.00 2.50 3.14

06 - 23 181.50 182.25 0.75 2.23

06 - 24 113.81 114.80 0.99 10.56
145.00 147.50 2.50 2.74
163.00 165.64 2.64 7.34

06 - 25 147.37 148.90 1.53 1.58

06 - 26 155.06 156.94 1.88 2.84
159.00 162.00 3.00 8.17

06 - 29 157.00 158.70 1.70 5.48
170.36 173.20 2.84 6.55

06 - 32 169.68 173.00 3.32 13.64

These results are in addition to those reported in our press releases dated October 26 and November 13 last.

The assays were done at Techni-Lab S.G.B. Abitibi Inc., a qualified laboratory. The drilling was done under the supervision of a qualified person, Mr. Renaud Hinse, P. Eng., president of the Company.

These holes spaced about 30 meters apart, were drilled vertically in new areas at the east and west ends of the mine and the values obtained represent additions to the known 43-101 resources previously reported. The values intersected in holes 06 - 24, 06 - 26, 06 - 29 and 06 - 32 are excellent. The vein has a dip of about 22o and the true width represents about 91 % of the vertical intercept.

The feasibility study on the Abcourt-Barvue silver-zinc project located in the Val d'Or area currently being done, has necessitated the contribution of eight (8) experts or group of experts to evaluate different aspects of this project, starting with a geo-technical study of the rock formation to design a safe slope for the walls of the pit, plus a whole series of bench metallurgical tests to validate a new treatment process and finally the design of a tailings pond dyke which will withstand blasting vibrations and even earthquakes as requested by the new federal Law. All these contributions have to be incorporated by Genivar in its final report prepared by Mr. Marc Lavigne, P. Eng., M. Sc.. We now have received a confirmation that if the validation tests currently being done confirm the earlier tests, the feasibility study will be ready at the end of January next.

The excavation of the former Barvue Mines Limited mill foundations is now completed.

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. 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.

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