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An update from Abcourt Mines ( (TSE:ABI) ) is now available.
Abcourt Mines announced promising assay results from its latest drilling campaign at the Flordin property, revealing significant gold mineralization close to the surface. The continuity of the mineralized zones, Adam and Horse, over a 200-meter lateral strike and proximity to the surface, underscores the potential of the site. With gold prices nearing $3,000 per ounce, Abcourt prioritizes the Flordin project, as it continues planning further exploration, especially to the east, where minimal drilling has occurred. The involvement of Agnico-Eagle, following its acquisition of O3 Mining, adds further interest to this mining region.
More about Abcourt Mines
Abcourt Mines Inc. operates in the mining industry, focusing on the exploration and development of gold properties. The company’s primary market focus is on its Flordin property, fully owned by Abcourt, located in the Lebel-sur-Quévillon area of Canada.
Average Trading Volume: 249,498
Technical Sentiment Consensus Rating: Hold
Current Market Cap: C$39.97M
See more data about ABI stock on TipRanks’ Stock Analysis page.
