Abcourt Presents Operations Update for November 2025 in the Development of the Sleeping Giant Mine
Globenewswire·2025-12-17 12:00

Core Viewpoint - Abcourt Mines Inc. provided an update on the development work at the Sleeping Giant Mine, highlighting progress in operations and workforce development while addressing challenges in tonnage due to development sequencing [1][2]. Group 1: Operational Highlights - In November, 1,346 tonnes were milled with a mill head grade of 7.2 g/t and a recovery rate of 95.8%, resulting in the production of 298 ounces and pouring of 425 ounces [2]. - The addition of a fourth mining front was completed as planned, although lower tonnage was reported due to the development sequence in two of the four workplaces [2]. - The company reported a total of 9,859 meters of diamond drilling and 2,446 meters of underground rehabilitation year-to-date [5]. Group 2: Workforce Development - The labor workforce continued to increase in November, with a training program agreed upon with Technica Mining to train graduate students from mining schools, set to begin in January [3]. - The company aims to build a sustainable workforce for the next decade through this training initiative [3]. Group 3: Recognition and Future Plans - Abcourt won the precious metal panel pitch battle at the Mines and Money conference in London, showcasing its project among the best mining projects globally [4]. - The company is focused on raising awareness among investors worldwide to support its growth and development initiatives [4].

Abcourt Presents Operations Update for November 2025 in the Development of the Sleeping Giant Mine - Reportify