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Diamond Drilling Results on Tagami Property Indicate Good Gold Potential


Published on 2010-05-25 12:00:17 - Market Wire
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MONT-ST-HILAIRE, QUEBEC, CANADA--(Marketwire- May 25, 2010) - Mr. Renaud Hinse, president and C.E.O. of Abcourt Mines Inc. (TSX VENTURE:ABI)(BERLIN:ABI)(FRANKFURT:ABI), is pleased to announce that results obtained by diamond drilling 20 definition holes totalling 3,331 meters on the north-eastern half of the West Gold Zone of the Tagami property, combined with results obtained in holes drilled previously, outlined a continuous zone of mineralization 400 meters long in a north-east direction, partly in a flat zone and partly in a shear zone dipping 40-60˚ to the east. This zone has been traced from surface to a depth of 147 meters with an average vertical thickness of two (2) meters and a grade of 8 grams of gold per tonne. Preliminary calculations by management, indicate a potential of 225,000 tonnes with a gold content of 60,000 ounces. The potential quantity and grade is conceptual in nature. It is not certain that enough exploration has been done to do a 43-101 resources calculation and if further exploration will result in the discovery of a mineral resource.

A few holes drilled to the south-west of this zone and at depth indicate an increase in the width of alteration and mineralization. Three holes showed widths of 7.5 to 9.2 meters grading 1.08 to 1.62 grams of gold per tonne. This increase in the width of the structure is significant as it indicates that a larger ore body may be found at depth.

The south-western part of the West Gold Zone extends for another 350 meters. It was drilled in the past and several good gold intersections were obtained. Definition drilling in this part of the zone could add significantly to the gold potential of the West Gold structure.

The 3,331 meters of drilling on the Tagami property represent only one third of our planned 10,000 meters of drilling. The drill is now working on the Elder property with the objective of extending the ore zones laterally and at depth.

Abcourt Mines Inc. is an exploration and development company with strategically located properties in Northwestern Quebec, Canada. The Abcourt-Barvue project with 43-101 silver-zinc ore reserves and resources and the Elder mine with 43-101 gold resources and the Aldermac property with historical copper-zinc resources are all former producers. Abcourt is now focused on bringing the Abcourt-Barvue and Elder projects back in production and at the same time, it is working on other projects (Aldermac, Jonpol and Vendome), to increase its mineral resources inventory. A positive 43-101 feasibility study was completed in 2007 on the Abcourt-Barvue project. In addition, mill equipment was purchased. A 43-101 resource calculation was recently done for the Elder mine. To know more about Abcourt, please consult our web site [ www.abcourt.com ] and Sedar [ www.sedar.com ], see "Abcourt Mines Inc". A small location plan and longitudinal projection of the Aldermac mineralized zones are shown on our web site. A small location plan of the Elder and Tagami properties is also shown on our web site.

FORWARD-LOOKING STATEMENTS: Except for statements of historical facts, all statements in this news release, including, without limitation, statements regarding forecasts, plans and objectives of Abcourt Mines Inc., are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate; actual results and future events could differ materially from those anticipated in such statements. This press release was prepared by Mr. Renaud Hinse, a qualified person, president of Abcourt Mines Inc.

Neither 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 release.