Good Copper-Zinc Mineralization Found by Abcourt in Two Additional Holes Completed on Aldermac Property
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MONT-ST-HILAIRE, QUEBEC, CANADA, Mar 31 (MARKET WIRE)
--
Mr. Renaud Hinse, president and C.E.O. of Abcourt Mines Inc. (TSX
VENTURE: ABI), is pleased to report good copper-zinc values in two
additional holes recently completed by Abcourt on Aldermac property. Both
holes were drilled on a north-south section, 213 meters east of the shaft.
Hole AL08-17 is an in-fill hole between holes 88-15 and 88-16, 55 meters
apart. Hole AL08-17 intersected two bands of massive sulphides as
follows:
-----------------------------------------------------------------
From (m) To (m) Length (m) Cu % Zn % Ag g/t Au g/t
-----------------------------------------------------------------
254.63 259.00 4.37 0.54 8.99 22.76 0.025
265.50 272.08 6.58 0.90 18.94 34.06 0.044
-----------------------------------------------------------------
This hole has moderately increased the resource tonnage, but the zinc
grade is considerably higher than usual.
Hole AL08-18 was drilled to confirm the values obtained previously in
hole 88-16. For comparison purposes, results of both holes are given
below:
-----------------------------------------------------------------
From (m) To (m) Length (m) Cu % Zn % Ag g/t Au g/t
-----------------------------------------------------------------
Hole AL08-18
255.26 264.09 8.83 0.49 7.20 22.66 0.126
273.60 274.90 1.30 6.65 0.09 59.00 0.439
294.35 296.03 1.80 3.52 0.04 41.20 0.168
-----------------------------------------------------------------
Hole 88-16
271.92 278.66 6.74 0.68 5.96 22.94 0.104
285.92 287.23 1.31 1.29 2.54 40.14 0.086
-----------------------------------------------------------------
The first intersection in hole AL08-18 is slightly longer and slightly
better in zinc grade than the first intersection in hole 88-16. It is
worth nothing also that hole AL08-18 intersected two additional bands of
mineralization with high copper values.
As the mineralized zones are almost flat in that area, the true width is
about the same as the core length.
The assays for holes AL08-17 and AL08-18 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 / 450-446-5511
819-768-5475 / 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
Copyright 2008, Market Wire, All rights reserved.
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