Howlett Research Corp. Publishes New Research Report on Abcourt Mines Inc.
Posted on: Tuesday, 23 October 2007, 09:00 CDT
Howlett Research Corp. (www.howlett-research.com), a boutique research firm led by Jeff Howlett, President, announced today that it has published a research report on Abcourt Mines Inc. ("Abcourt") (TSX-V: ABI) (PINKSHEETS: ABMBF) (www.abcourt.com).
Abcourt now has active programs at several base metal properties and a gold property (all 100% owned), all located in Quebec's prolific Abitibi Greenstone Belt.
1. The Abcourt-Barvue Zinc-Silver property unifies two past producers with significant exploration/development work. It has been the subject of a recent optimized feasibility study on a 500 million lb. Zn, 13+ million ounce Ag orebody over a 13-year minelife. Additional inferred resources and clear exploration potential could result in a long life asset. Abcourt is continuing with a development program at Abcourt-Barvue (permitting, raising financing, etc.) 2. Elder Gold Property. Plans are to re-open the 43-101 compliant 200,000 ounce gold resource following a successful drill program in 2005/06. 3. The Jonpol Copper-Zinc-Silver property has known resources and short-term exploration potential to add more. Jonpol also represents a historic target for a large massive sulphide deposit. A $300,000, 2500-meter drill program has begun. 4. The Aldermac Zinc-Copper property, with known resources at the previous mine and undeveloped high-grade discovery/resource in 1987/88. There is considerable valuable underground development. Abcourt is now preparing for a $300,000 drilling program there.
For additional details which discusses in detail targets/potential and other issues which may be of interest to investors, the full report can be found at www.howlett-research.com/Research.htm.
About Howlett Research Corp. (HRC)
Based in British Columbia, Canada, HRC has been completing company specific research reports for publicly listed companies for several years in a variety of industry sectors. The reports are developed for quality, junior to medium-sized companies that lack adequate coverage by the financial community.
HRC has accepted a cash fee of under $10,000 from Abcourt in preparing the research report which represents the total consideration due. Howlett Research Corp. has not been involved in, nor does it envision participating in any transaction or investment banking business related to Abcourt. Howlett Research Corp. does not own shares of Abcourt and does not trade in its shares. Additional disclaimers, including those related to Forward-looking statements can be found at the conclusion of the research report referred to in this release.
About Abcourt Mines Inc.
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 are both past producers. Abcourt is now focused on bringing these two 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 recently completed on the Abcourt-Barvue project.
Contact: Email Contactwww.howlett-research.com Abcourt contact information: Renault Hinse President 819-768-2857 or 450-446-5511 Email Contacthttp://www.abcourt.com Joe O'Brien Investor relations 416-750-8041 Email Contact
SOURCE: Abcourt Mines Inc.
Source: MARKET WIRE
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