- Abcourt Mines (TSXV:ABI) has announced the commencement of a new drilling campaign on its Flordin property
- This first phase of drilling will cover a minimum of 3,000 metres and will be conducted across two key sectors: the Cartwright sector and the Flordin sector
- If Abcourt confirms the similarities of the mineralization observed in the Cartwright and Flordin areas, it will have a high-grade gold corridor of more than 2 kilometres
- Abcourt Mines stock (TSXV:ABI) opened trading at $0.05
Abcourt Mines (TSXV:ABI) has announced the commencement of a new drilling campaign on its Flordin property. This first phase of drilling will cover a minimum of 3,000 metres and will be conducted across two key sectors: the Cartwright sector and the Flordin sector.
Summary of drilling work (Phase 1):
- Cartwright Zone: Over 1,000 metres of drilling (short holes) will be conducted directly below the 2024 stripping of the Cartwright Zone. The new holes will validate the depth results of the No. 6, No. 8, and No. 11 channels announced in the fall of 2024. Notably, a drilling campaign is also underway at the boundaries of the property by neighboring O3 Mining.
- Channel 6: 22.7 g/t gold over 7 metres, including 162 g/t gold over 0.5 metre
- Channel 8: 5.4 g/t gold over 10 metres, including 38 g/t gold over 0.5 metre
- Channel 11: 10.4 g/t gold over 12 metres, including 50 g/t gold over 0.5 metre
- Flordin sector: More than 2,000 metres of drilling (deep holes) are planned under and in extensions of the South Zone of the Flordin deposit. This area, discovered in 1988 by Cambior, has not been subject to subsequent follow-up work. Significant gold intersections have been reported, including hole S158, which returned 3 g/t gold over 16 metres. The mineralization style described in the drill logs appears consistent with the mineralization observed in the Cartwright stripping. High-grade gold mineralization is associated with pyrite bands in altered zones rich in hematite-silica-carbonate. Deep drilling in this area aims to confirm the hypothesis that this type of high-grade gold mineralization is continuous from the Flordin deposit to the Cartwright area, potentially extending approximately 2 kilometres.
Abcourt Mines’ new drilling campaign marks a significant step in exploring and validating the potential of the Flordin property. The results from this phase of drilling could provide insights into the property’s gold mineralization and guide future exploration efforts.
“This first phase of drilling work of a minimum of 3,000 metres, which has already been funded, is only the beginning of our ambitious development plan for our Flordin project,” Abcourt’s president and CEO, Pascal Hamelin explained in a media statement. “If we confirm the similarities of the mineralization observed in the Cartwright and Flordin areas, we will have a high-grade gold corridor of more than 2 kilometres to test and define to link the mineralized zones together and thus increase the number of ounces of gold on our Flordin property.”
Abcourt Mines Inc. is a gold producer and a Canadian exploration corporation with strategically located properties in northwestern Québec, Canada.
Abcourt Mines stock (TSXV:ABI) opened trading at $0.05.
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(Top image via Abcourt Mines Inc.)