Abcourt Mines Inc. announce that it has obtained by map designation on April 14, 2024, 9 claims contiguous to its Abcourt-Barvue Property, located in the Barraute area, in Abitibi- Témiscamingue. The Abcourt-Barvue Property consists of two mining leases and 103 designated cells for a total of 5,123.4 hectares. Abcourt owns 100% of the Property, which is free of any royalty.

The addition of these 9 claims to the Property is strategic as they partially cover the continuity of the Figuery Group, which hosts the zinc-silver mineralization recognized on the Property. Following the increase in the price of silver, the Company decided to add these claims to its already large original block. Indeed, at publication in 2019 of the last economic opportunity study done by Paul Bonneville, P.Eng.

the terms of reference for the price of silver was set at USD 16 per oz. As of April 16, 2024, the silver is trading at over USD 28 per oz. It is important to note that the Abcourt-Barvue Property is one of the few advanced zinc and silver projects in Abitibi-Témiscamingue.

The latest NI 43-101 compliant mineral resources estimate, completed in 2014 by J-P Bérubé, P. Eng. (available on SEDAR+), indicates the presence of a measured and indicated category resource in the order of 8 million tonnes of ore at 3% zinc and 55 g/t Ag.