Northwire Canada EditionThursday, July 30, 2026
Northwire
TECK 86.37 +6.8% BIG 0.700 +18.6% PTU 0.320 −3.0% GZD 0.080 −11.1% AFM 1.47 +2.8% VCT 0.065 +8.3% BEM 0.065 +0.0% NMI 0.195 +0.0% VLD 0.540 +0.0% BOL 0.080 +6.7% EDCU 0.430 −2.3% SYH 0.375 +1.4% TECT 2.07 +1.0% NAU 1.49 −0.7% VTEN 0.750 +0.0% DLTA 0.155 +3.3% TECK 86.37 +6.8% BIG 0.700 +18.6% PTU 0.320 −3.0% GZD 0.080 −11.1% AFM 1.47 +2.8% VCT 0.065 +8.3% BEM 0.065 +0.0% NMI 0.195 +0.0% VLD 0.540 +0.0% BOL 0.080 +6.7% EDCU 0.430 −2.3% SYH 0.375 +1.4% TECT 2.07 +1.0% NAU 1.49 −0.7% VTEN 0.750 +0.0% DLTA 0.155 +3.3%
Drill Results

Abcourt completes drone magnetic survey at Flordin

ABI · Price

Executive Summary

  • Abcourt Mines Inc. has completed a high-resolution drone magnetic survey on its Flordin property, confirming the continuous nature of a major magnetic anomaly that aligns with the gold-hosting mafic lava sequence of the Vanier-Dalet-Poirier group.
  • The survey data clearly identifies late structural displacements affecting mineralized zones, providing critical predictivity for optimizing the company's upcoming exploration activities.
  • All planned 2026 drilling on the property (20,000 metres) is now confirmed to be located within the defined magnetic anomaly, allowing for more efficient targeting and campaign planning.

Key Details

  • Survey Specifications: Conducted by Terrascope Inc., covering 463 kilometres of flight lines with 35-metre spacing and a flight height of approximately 32 metres above ground.
  • Geological Correlation: The primary east-southeast/west-northwest magnetic anomaly corresponds to the mafic lava sequence (basalt-andesite) of the Vanier-Dalet-Poirier group (VDP), which hosts the Cameron shear corridor and the company's gold mineralization.
  • Structural Findings: First and second vertical derivative images reveal late northeast-southwest oriented structural displacements that shift geological units. These were previously observed at the Cartwright stripping and drill hole 25-02, and corroborated by GEOX Consulting Inc.'s 2025 structural study.
  • Drilling Impact: The precise mapping of these structural movements enables improved planning for the 20,000-metre drilling campaign scheduled for 2026, all of which is situated within the confirmed magnetic anomaly.
  • Technical Verification: Data was verified and approved by Robert Gagnon, PGeo (Vice-President, Exploration) and Marc Boivin, PGeo (Consulting Geophysicist).

Notable Quotes

  • Pascal Hamelin, President and CEO: "The results of this high-resolution magnetic survey are convincing. It was necessary to carry out this project, especially with the technological advances related to the field of geophysics. The survey clearly demonstrates the continuity and continuation of the magnetic anomaly over our entire property. The interpretation from the survey will help the planning and increase the efficiency of the current drill campaign. We look forward to seeing the initial assay results from this campaign."
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