This press release is provided by GlobeNewswire and is published as received.
ROUYN-NORANDA, Quebec, Oct. 26, 2026 (GLOBE NEWSWIRE) -- Abcourt Mines Inc. (“Abcourt” or the “Company”) is pleased to provide an update on its mining and gold milling operations for the month of September. This latest update demonstrates accelerating progress across all production indicators compared to the results presented in the previous report.
Operating Highlights:
Detailed Feed Sources:
The Company optimized its mill feed by blending higher-grade ore from underground workings with surface stockpiles:
The comparative table below highlights the operational performance growth between August and September:
With the month of October well underway, the Company is also proud to announce its progress across various development faces:
Pascal Hamelin, President and Chief Executive Officer of Abcourt, stated: “September’s results show solid progress in our operations and confirm that our mill is gaining efficiency. Doubling our gold production in a single month, while achieving a 94.1% recovery rate, is a testament to the quality of our operational planning and the constant efforts of our teams on the ground. Optimizing our mill feed by blending higher-grade underground ore with reclaimed surface stockpiles is clearly paying off and validates our gradual growth model. Furthermore, with a second mill crew currently in training this week, we will be able to process more ore starting in November.”
Qualified Person: Pascal Hamelin, P. Eng., President and Chief Executive Officer of the Company, has reviewed and approved the technical information contained in this press release. Mr. Hamelin is a Qualified Person as defined by National Instrument 43-101.
About Abcourt Mines Inc.
Abcourt Mines Inc. is a Canadian gold development company with strategic properties located in northwestern Quebec, Canada. Abcourt owns the Sleeping Giant mine and mill and the Flordin property where it concentrates its activities.
For further information on Abcourt Mines Inc., please visit our website www.abcourt.ca and the documents filed under our profile on the SEDAR+ website www.sedarplus.ca.
FORWARD-LOOKING STATEMENTS
Certain information contained in this press release may constitute “forward-looking information” within the meaning of Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “aims”, “expects”, “projects”, “intends”, “anticipates”, “estimates”, “could”, “should”, “likely”, or variations of such words and phrases or statements specifying that certain acts, events or results “could”, “should” occur, “will occur” or “will be achieved” or other similar expressions. Forward-looking statements are based on Abcourt’s estimates and are subject to known and unknown risks, uncertainties and other factors that could cause actual results, level of activity, performance or achievements of Abcourt to be materially different from those expressed or implied by such forward-looking statements or forward-looking information. Forward-looking statements are subject to business and economic factors and uncertainties, as well as other factors that could cause actual results to differ materially from those forward-looking statements, including relevant assumptions and risk factors set forth in Abcourt’s public documents, available on SEDAR+ at www.sedarplus.ca. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Although Abcourt believes that the assumptions and factors used in preparing the forward-looking statements are reasonable, undue reliance should not be placed on these statements. Unless required by applicable securities laws, Abcourt disclaims any intention or obligation to update or revise any of these forward-looking statements or information, whether in light of new information, future events or otherwise.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release
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