Abcourt Mines Inc ABI:CA announced drill results from the western portion of its Elder Gold Mine Property in Quebec. Assays include 11.99 g/t over 2 metres, 4.58 g/t over 1.5 metres, 5.16 g/t over 1.5 metres, 55.4 g/t over 0.3 metres, 6.03 g/t over 2.8 metres, 2.73 g/t over 6.1 metres, and 6.07 g/t over 10.9 metres (including 12.65 g/t over 3.2 metres).
President/CEO Renaud Hinse stated, “It’s our goal to build significantly on the 2009 NI 43-101 resource estimate for the Elder Property and we’re very confident that we’re going to succeed. We’re gaining a much better understanding of the entire structural model for Elder and this is aiding us immensely as our aggressive drill campaign continues. We’re also very excited with the potential of the Tagami Property immediately to the north where much more drilling will be taking place. We’re strongly focused on re-opening the Elder mine as quickly and efficiently as possible.”
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by Ted Niles