Abcourt Presents Operations Update for October 2025 in the Development of the Sleeping Giant Mine

Core Viewpoint - Abcourt Mines Inc. provided an update on the development work at the Sleeping Giant mine, highlighting progress in production, hiring, and upcoming marketing efforts to attract investors [1][4]. Production and Development - In October, the company milled 2,563 tonnes of ore with a mill head grade of 6.0 g/t and a recovery rate of 95.6%, producing 475 ounces of gold and selling 124 ounces [2][8]. - As of October 31, one stope was in production while two were under development, with ongoing civil engineering work at the tailings facilities in preparation for a planned lift in summer 2026 [3][8]. - The number of diamond drill rigs increased from two to three, with a total of 1,666 meters drilled in October, contributing to a year-to-date total of 8,133 meters [3][7]. Workforce and Hiring - The company increased its workforce from 76 employees at the end of June to 106 by the end of October, with plans for further hiring to support increased mill feed volume [4][8]. Marketing and Investor Relations - Abcourt participated in several conferences, including the Munich Mining conference and the Red Cloud Mining Show, to promote its achievements and attract European investors [5][6]. - The company is preparing for a presentation at the Mines and Money event in London, where it will compete with other mining projects [6]. Monthly Summary of Key Elements - Key metrics for October include: - Diamond Drilling: 1,666 meters - Tonnes Milled: 2,563 tonnes - Ounces Produced: 475 ounces - Ounces Sold: 124 ounces - % Recovered: 95.6% [7][8].