Abcourt Mines Initiates Extensive Drilling Program on Flordin Gold Property
Abcourt Mines Inc., a Canadian mining exploration company trading on the TSX Venture Exchange under the symbol ABI and on the OTCQB as ABMBF, has officially launched a significant 20,000-metre drilling campaign on its Flordin Property located in northwestern Quebec. This ambitious Phase 2 program follows a successful initial drilling phase of approximately 4,000 metres conducted last year, marking a substantial escalation in the company's exploration efforts.
Strategic Focus on Cartwright and South Zone Sectors
The comprehensive drilling initiative will be strategically divided between two key areas: the Cartwright sector and the South Zone sector. The primary objective of this extensive campaign is to extend the various gold-bearing zones both laterally and at depth, ultimately aiming to establish a continuous mineralized corridor spanning more than two kilometres. This represents a critical step in advancing the Flordin project toward potential economic viability.
The gold mineralization observed in both target areas is characterized by distinctive geological features, including pyrite bands within altered hematite-silica-carbonate rich zones situated within the Cameron Deformation Zone. This geological setting has demonstrated promising gold potential through previous exploration work.
Detailed Breakdown of Drilling Campaign
Cartwright Area Drilling Plan:
- Approximately 10,000 metres of drilling will be completed in the Cartwright area
- Work will focus on areas under stripping completed during 2024 and 2025
- Drilling will extend to the eastern boundary of the property adjacent to Agnico Eagle Mines' Kinebic property
- New holes aim to confirm mineralization continuity both eastward and westward
- Historic Adam-Horse and Little Joe gold zones are being connected
- The host rock, a basalt-andesitic formation, contains gold grades ranging from 100 ppb to over 3 g/t gold
- Unification of these three gold zones could create substantial potentially economic gold envelopes measuring several tens of metres in thickness
South Zone Sector Drilling Plan:
- Approximately 10,000 metres of drilling is planned for the South Zone sector
- Focus will be on eastern extensions and depth exploration of the Flordin deposit
- This gold-bearing zone was originally discovered in 1988 by Cambior
- Abcourt previously intersected promising results in the eastern extension, including 1.1 g/t gold over 47.2 metres
- New drilling aims to confirm extension of the South Zone both eastward and at depth
- Additional short drilling will target the Altered Zone vicinity, where previous hole FL-25-283 returned 0.9 g/t gold over 19 metres, including a high-grade section of 3.1 g/t gold over 3.1 metres near surface
Management Perspective and Regional Context
Pascal Hamelin, President and Chief Executive Officer of Abcourt Mines, expressed enthusiasm about the drilling campaign, stating: "This second phase of drilling of a minimum of 20,000 metres is only the beginning of our ambitious development plan for our Flordin project. By confirming the connection of the mineralization observed in the Cartwright and Flordin areas, we will have a high-grade gold corridor of more than 2 kilometres in length and less than 30 kilometres from the town of Lebel-Sur-Quévillon."
The strategic location of the Flordin Property, situated within reasonable proximity to established infrastructure and communities in Quebec's mining-friendly jurisdiction, adds significant value to the exploration program. The company's systematic approach to exploration, building upon historical data and previous drilling results, demonstrates a methodical strategy for resource development.
This substantial drilling investment represents a confident step forward for Abcourt Mines as it seeks to unlock the full potential of its Flordin Property through rigorous exploration and systematic evaluation of the property's gold mineralization systems.
