Confirmation Of East Extension South Zone On Flordin Property

ROUYN-NORANDA - Abcourt Mines Inc. reported on all holes drilled in the East Extension of the South Zone on its Flordin property. This gold-bearing zone was discovered in the mid-1980s by Cambior. A total of four (4) holes for a total of 2,340 metres were drilled directly in the eastern extension of the South Zone. Hole FL-25-282 intersected a large, mineralized envelope of 47.2 metres at 1.1 g/t gold. With this first phase of work, the Company confirms the continuity of the South Zone to our 2023 drilling and to the Cartwright Zone.

Pascal Hamelin, President and Chief Executive Officer, said, “The drilling campaign in the South Zone area was a great success, with all of our holes (four in total) intersecting the gold-bearing structure and returning gold grades. A significant gold envelope several tens of metres thick was uncovered during this campaign. We have demonstrated that the type of high-grade gold mineralization that is associated with pyrite-silica-hematite and sericite bands is present throughout our Flordin property. Gold mineralization appears to be continuous over more than 1.8 kilometres between the South Zone and the Cartwright Zone. The goal of phase 2 drilling will be to connect the zones between them. Our exploration team is already in the process of interpreting and planning it.”

A significant mineralized zone was intersected in our hole FL-25-282 and returns 1.1 g/t gold over 47.2 metres including 7.6 g/t gold over 3 metres. The characteristic high-grade gold mineralization recognized in all of our drill holes is traceable over more than 1.8 kilometres. Significant mineralized envelopes, several tens of metres thick were confirmed during this campaign. The South Zone is continuous and remains unexplored laterally and at depth.

The 2025 holes drilled in the eastern extension of the South Zone are the deepest ever drilled in this area of the property. The South Zone has been recognized in all our holes and seems to thicken as we move east. Mineralized envelopes, several tens of metres thick were intercepted with only 4 holes for a total of less than 2500 metres. To generate such a gold intersection, a major mineralizing system is required, and the goal of Phase 2 drilling will be to confirm this hypothesis. Historical descriptions are consistent with the mineralization observed in our drill core. Indeed, the type of mineralization that characterizes the South Zone, namely bands of pyrite associated with bands of pink hematized silica with sericite and bands of magnetite without quartz vein. This type of mineralization has already been recognized with drilling in 2023 and in 2025 in the Cartwright area. The Company therefore is able to recognize and trace this type of high-grade gold mineralization over a distance of more than 1.8 km.