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Abcourt Provides Sleeping Giant Project development Update
Globenewswire· 2025-08-07 11:00
Core Insights - Abcourt Mines Inc. is progressing well with the Sleeping Giant Project in Eeyou Istchee, Québec, following successful financing with Nebari in early July [2][5] - The company has initiated various activities including the installation of a sleep camp, rehabilitation of underground openings, and preparation for mining operations [2][5] July Activities - A surface stockpile of approximately 1,000 tonnes of ore was built [5] - The first stope underground was blasted in July [5] - Construction of a 50-person dormitory began, with plans to accommodate workers on a 7 days in, 7 days out schedule [5] August Outlooks - The dormitory is expected to accept its first occupants later in August, with additional facilities like a kitchen and rec room scheduled for delivery in the coming weeks [5] - The company is in the permitting process for a second phase to increase dormitory capacity from 50 to 100 rooms [5] - Underground activities are set to increase to start feeding the mill, with commissioning of the crushing plant and grinding and leaching circuits planned [5]