Mont-St-Hilaire, Quebec, Canada, December 14, 2016 / TheNewswire / Abcourt Mines Inc. (TSX-V: ABI, Berlin: AML-BE and Frankfurt Stock Exchanges: AML-FF) ("Abcourt" or the "Company"). Mr. Renaud Hinse is pleased to announce that all Abcourt's directors, Messrs. Jean-Guy Courtois, Andre DeGuise, Marc Filion, Normand Hinse, Francois Mestrallet and Renaud Hinse, were re-elected at the annual shareholders meeting of December 3, 2016, for a term of one year.
Likewise, Dallaire & Lapointe, chartered professional accountants from Rouyn-Noranda, were appointed auditors of the Company for the 2017 period.
Management thanks the shareholders who participated in the meeting by voting 102 000 000 shares in favor of re-electing the candidates proposed by management. This excellent participation confirms the interest of shareholders in the affairs of the company and their support of management.
About Abcourt Mines Inc.
Abcourt Mines Inc. is a gold producer and a Canadian exploration company with strategically located properties in northwestern Quebec, Canada. The Elder property has gold resources (2012) and a positive P.E.A. study. Abcourt is focusing on the exploitation of the Elder mine.
The Abcourt-Barvue property has silver-zinc resources (2012). A feasibility study was completed in 2007 by Roche / Genivar on the Abcourt-Barvue project.
Recently, Abcourt has acquired the Sleeping Giant mine and mill, located half-way between Amos and Matagami, in Abitibi, Quebec, in the territory covered by the Plan Nord of the Quebec government. The mill has a capacity of 700 to 750 tonnes per day and the Sleeping Giant property has measured and indicated historical resources of 306,000 tonnes with a grade of 12.3 grams of gold per tonne and 42,000 tonnes of inferred historical resources with a grade of 12.4 grams of gold per tonne. Other advanced exploration properties were also acquired, with, in aggregate, historical indicated and measured resources totaling 403,210 ounces of gold and historical inferred resources of 432,000 ounces of gold.
Historical resources in copper, zinc, gold and silver are found on the Aldermac and Jonpol properties.
Work must be done to upgrade or verify the historical mineral resources as current mineral resources.
A qualified person has not done sufficient work to classify the historical estimate as current mineral resources, and the issuer is not treating the historical estimate as current mineral resources.
To know more about Abcourt Mines Inc. (TSXV: ABI), please visit our web site at www.abcourt.com and consult our filings under Abcourt's profile on www.sedar.com.
This press release was prepared by Mr. Renaud Hinse, Engineer and President of Abcourt Mines Inc. Mr. Hinse is a "Qualified Person" under the terms of Regulation 43-101.
