Abcourt Intersects 24.3 g/t Over 1.9 m Including 41.9 g/t Over 0.6 m in the 785N Zone and Provides an Update on Its Sleeping Giant Activities

Core Viewpoint - Abcourt Mines Inc. has reported new drilling results from the Sleeping Giant mine, indicating promising mineral resource potential and plans for rapid production ramp-up [1][3]. Drilling Results - In 2025, Abcourt completed 36 underground drill holes totaling 5,632 meters, with seven holes targeting the 785N zone for a total of 3,316 meters [2]. - The results from drill holes 78-888 and 78-890 show significant gold grades, including 59.25 g/t over 0.5 meters and 24.3 g/t over 1.9 meters, respectively [3][6]. Operational Updates - The company plans to add a third underground drill rig to accelerate the resource conversion drilling program [6]. - Abcourt has renewed its drilling contract with G4 Drilling to enhance its operational capabilities [8]. Financing Progress - The company is progressing with due diligence for an $8 million loan, which is crucial for mine development and production initiation [9]. Quality Control Measures - Drilling and core description work is supervised by qualified personnel, ensuring adherence to industry standards for quality assurance [10][12]. Future Plans - The company aims to maximize the conversion of inferred resources into indicated resources and update the mineral resource estimate for the Sleeping Giant property [11].