ROUYN-NORANDA, Quebec, May 29, 2024 (GLOBE NEWSWIRE) -- Abcourt Mines Inc. ("Abcourt" or the "Corporation") (TSXV:ABI) (OTCQB : ABMBF) announces its results for the three months ended March 31, 2024. All monetary values in this press release are expressed in Canadian dollars, unless otherwise indicated. The financial statements and management report are available on SEDAR+. Highlights for the Quarter ended March 31, 2024 Exploration work totaling $1,765,615 for the quarter, exploration expenses incurred mainly on the Sleeping Giant property for the underground drilling campaign for an amount of approximately $1,709,229. Following the work carried out during the quarter, the Corporation confirmed the existence of a second gold mineralized zone to the east of the Flordin deposit towards the Cartwright deposit in the Lebel-sur-Quévillon region, 100% owned by the Corporation. The Corporation carried out 1,096 meters of definition and exploration drilling on the 4 upper levels of the mine in order to refine the geological model on these levels and plan the mining development engineering. Since the restart of the Sleeping Giant processing plant in February 2024 and until the end of the quarter, the Corporation has processed 2,325 tonnes of mineralized material from the Pershing-Manitou deposit and a total of 2,821 tonnes since November 2023. As of March 31, 2024, approximately 2,200 tonnes of material remain to complete the processing of the bulk sampling of the Pershing-Manitou deposit. A reconciliation of the contents will be carried out when the 5,000 tonnes will have been fully processed. The Corporation has mandated an independent firm specializing in metallurgy to supervise the milling campaign for Pershing-Manitou mineralized material and to reconcile the milled grades with the grades of the extracted mineral resources. On March 12, 2024, the Corporation announced a non-brokered private placement ...