Northwire Canada EditionSunday, November 1, 2026
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Gold 3,898.90 −3.3% Silver 49.28 −5.9% Copper 6.48 −1.8% Oil 104.12 +2.1% Palladium 987.70 −1.7% HCH 1.25 −3.9% CRD 0.040 −20.0% ENEV 0.005 +0.0% MOON 5.23 −7.9% ORE 2.56 −4.8% ASE 0.620 −14.5% LKY 0.005 + SOI 0.165 −5.7% ECR 0.190 −5.0% OZ 0.240 −9.4% ELEC 0.110 +4.8% WHY 0.260 −3.7% PHD 0.030 −33.3% OMI 0.220 −10.2% EML 0.105 +0.0% TECT 1.37 −2.8% Gold 3,898.90 −3.3% Silver 49.28 −5.9% Copper 6.48 −1.8% Oil 104.12 +2.1% Palladium 987.70 −1.7% HCH 1.25 −3.9% CRD 0.040 −20.0% ENEV 0.005 +0.0% MOON 5.23 −7.9% ORE 2.56 −4.8% ASE 0.620 −14.5% LKY 0.005 + SOI 0.165 −5.7% ECR 0.190 −5.0% OZ 0.240 −9.4% ELEC 0.110 +4.8% WHY 0.260 −3.7% PHD 0.030 −33.3% OMI 0.220 −10.2% EML 0.105 +0.0% TECT 1.37 −2.8%
Production / Operations Routine +

Abcourt Mines Produces 740 Ounces of Gold in September

Abcourt doubles September production on blended feed despite going concern and negative equity weighing on valuation.

By The Northwire Desk — AI Analysis Oct 26, 2026 · 07:00 ABI · 0.055 Abcourt Mines Inc.
Executive Summary

Abcourt Mines Inc. (ABI) reported gold production of 740 ounces for September 2026, more than doubling the 344 ounces produced in August 2026. Official gold pours reached 545 ounces, with 741 ounces remaining in the mill circuit at period end.

Mill throughput increased to 6,739 tonnes milled, an 8.5% rise from August, while crushing 7,253 tonnes. The average head grade rose to 3.42 g/t Au, up 76.3% from August’s 1.94 g/t, driven by blending higher-grade underground ore at 3.62 g/t with reclaimed low-grade surface stockpiles at 2.41 g/t. The recovery rate improved to 94.1% from 88.9% in August.

Underground development is on track across multiple sectors, with 235-Zone 20 completed and 295-DAC5 at 512m of 790m planned. A second mill crew is in training, with plans to begin processing additional ore in November 2026. Management validated its "gradual growth model" through the successful integration of surface and underground feed sources.

Material Impact

Abcourt Mines Inc. (ABI) released a September production update that confirms operational momentum and validates its stockpile-blending strategy. The company, however, continues to face fundamental going concern risks and maintains a negative equity position.

The market has already priced in the company's ramp-up trajectory. This is evidenced by the stock's decline from approximately $0.12 to $0.06 over the past year, despite the achievement of multiple operational milestones.

ABI · Price
Company Overview

Abcourt Mines Inc. (ABI) is transitioning its flagship Sleeping Giant mine in Quebec, Canada, from development into early production and ramp-up. The company’s portfolio includes the Flordin exploration project, the Abcourt-Barvue VMS silver-zinc deposit, the Discovery and Cameron Shear properties, and several other historical and early-stage assets.

Operational infrastructure at the Sleeping Giant site includes a permitted 950 tonnes per day mill, 22 underground levels extending to a depth of 1,175 metres, a 123-room camp, and a permitted tailings facility. The company is led by CEO Pascal Hamelin, who brings extensive mining and corporate experience to the role.

Read the original news release →

More from Abcourt Mines Inc.

Oct 22, 2026 · 16:30

Abcourt’s first revenues are offset by heavy ramp-up losses, tightening its cash runway despite Glencore backing.

Earnings Sep 23, 2026 · 07:00

Abcourt’s ramp-up accelerates with negligible volumes versus PEA targets, extending cash runway while going concern risks persist.

Production / Operations Sep 17, 2026 · 08:00

Abcourt upsizes debt to $40m and insiders lock up 32% of the float to secure the facility.

Financings Sep 02, 2026 · 10:08

Glencore upsized facility closes on schedule, locking first-rank security and funding ramp-up

Financings Aug 25, 2026 · 07:00

Abcourt’s July production miss and recovery drop highlight long-hole transition friction, while inventory cleanup masks underlying weakness.

Production / Operations Aug 06, 2026 · 08:05

Abcourt’s debt restructuring secures time while dilution and declining grades pressure near-term margins at its operations.

Financings