Excellent New Copper and Zinc Values Found By Abcourt in Hole AL08-20 Drilled on Aldermac Property
Posted on: Thursday, 17 April 2008, 15:00 CDT
Mr. Renaud Hinse, president and C.E.O. of Abcourt Mines Inc. (TSX VENTURE: ABI), is pleased to report that excellent new copper and zinc values have been found in hole AL08-20, drilled 213 meters east of the shaft on the Aldermac property. From 317.58 m to 323.68 m, a 6.1-meter massive sulphide mineralized zone, was intersected with an average of 2.12% copper, 13.03% zinc, 60.70 g/t silver and 0.387 g/t gold. Hole AL08-20 was drilled with an -85 degrees N dip. As the mineralized zone is almost flat, the core length is close to true width. This represents new ore and it will increase the resource tonnage.
The assays were done at Techni-Lab S.G.B. inc., a qualified laboratory.
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. In addition, mill equipment has been purchased. For additional information, see our Press Releases dated February 16, 2007, August 9, 2007, February 1st, February 7 and March 12, 2008. To know more about Abcourt, please consult our web site www.abcourt.com and Sedar www.sedar.com , see "Abcourt Mines Inc".
The Abcourt shares are trading on the TSX Venture Stock Exchange under the symbol ABI.V and at Frankfurt and Berlin in Germany.
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.
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
Contacts: Abcourt Mines Inc. Renaud Hinse, president 819-768-2857 or 450-446-5511 819-768-5475 or 450-446-3550 (FAX) rhinse@abcourt.com Abcourt Mines Inc. Joe O'Brien Investors' relations 416-750-8041 416-750-8051 (FAX) jobrien@abcourt.com MI 3 Communications inc. Mario Drolet 514-904-1333 514-907-2331 (FAX) mario@mi3.ca
SOURCE: Abcourt Mines Inc.
Source: MARKET WIRE
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