Project Development Update: Abcourt unveils progress in the Sleeping Giant project.
Abcourt Makes Progress at Sleeping Giant Project
Abcourt Mines Inc., a Canadian exploration company, is making significant strides in the ramp-up activities at its Sleeping Giant Project in Eeyou Istchee, Quebec.
Dormitory Construction
A 50-person dormitory is nearing completion, with utilities installation almost finished. The first occupants are expected in August, and deliveries for the kitchen and recreation room are scheduled soon. The company has initiated the permitting process for phase two, which aims to expand the dormitory's capacity from 50 to 100 rooms. With a 7-days-in, 7-days-out schedule, the current dormitory can accommodate up to 100 workers. Some workers continue to be housed in the nearby city of Amos until phase two is complete [1].
Mill Commissioning
During July, the mill and surface teams prepared the mill to start processing underground material in August. The plan for August includes commissioning the crushing plant and the grinding and leaching circuits to fully activate the mill processing circuit [1][2][4].
Additional Activities
A surface ore stockpile of approximately 1,000 tonnes was built between the mine and mill. Underground work began with the rehabilitation of openings and the blasting of the first stope in July. Hiring is ongoing to expand development and mining crews [1].
Tailing Facilities
While the provided information does not detail the construction or progress of the tailing facilities, it is known that work on these facilities has begun [3].
Contact Information
For more information about Abcourt Mines Inc., visit their website at www.abcourt.ca. Dany Cenac Robert serves as the Investor Relations contact, while Pascal Hamelin is the President and CEO. Abcourt's filings can be viewed under its profile on www.sedarplus.ca. Contact information, including phone numbers and email addresses, can be found on the company's website [5].
Forward-Looking Statements
Certain information in the news release may be considered "forward-looking information" under Canadian securities legislation. The forward-looking statements are based on Abcourt's estimates and are subject to risks, uncertainties, and other factors that could cause actual results to differ materially.
Disclaimer
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
[1] Abcourt Mines Inc. News Release, July 27, 2025. [2] Abcourt Mines Inc. News Release, August 3, 2025. [3] Abcourt Mines Inc. News Release, July 13, 2025. [4] Abcourt Mines Inc. News Release, August 6, 2025. [5] Abcourt Mines Inc. Website, accessed August 10, 2025.
In the ongoing development of the Sleeping Giant Project, Abcourt Mines Inc. is set to commission the mill and surface teams to prepare for processing underground material using advanced technologies. This includes activating the crushing plant and the grinding and leaching circuits.
With the completion of the 50-person dormitory and the upcoming expansion to 100 rooms, it is clear that the company is leveraging technology to support the accommodations for a growing workforce.
