Northwire Canada EditionWednesday, July 29, 2026
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NAM 0.250 +0.0% CRD 0.065 +8.3% OLA 12.90 −3.7% CG 22.70 −2.5% EQX 12.89 −4.0% FM 37.51 −2.3% MNRG 0.080 −11.1% KFR 1.31 +0.8% AUMN 0.275 +0.0% GLB 0.250 +0.0% BHS 0.045 −10.0% EGR 0.025 +0.0% RIO 2.59 −4.1% GEN 0.070 +0.0% MAI 4.39 −2.0% RYR 0.175 +0.0% NAM 0.250 +0.0% CRD 0.065 +8.3% OLA 12.90 −3.7% CG 22.70 −2.5% EQX 12.89 −4.0% FM 37.51 −2.3% MNRG 0.080 −11.1% KFR 1.31 +0.8% AUMN 0.275 +0.0% GLB 0.250 +0.0% BHS 0.045 −10.0% EGR 0.025 +0.0% RIO 2.59 −4.1% GEN 0.070 +0.0% MAI 4.39 −2.0% RYR 0.175 +0.0%
Production / Operations

Abcourt produces 475 oz Au at Sleeping Giant in October

By The Northwire Desk — AI Analysis Nov 11, 2025 · 11:59 ABI · 0.065 Abcourt Mines Inc.
ABI · Price

Executive Summary

  • Abcourt Mines Inc. provided an operational update for October 2025 regarding the development and production at the Sleeping Giant mine in Quebec.
  • The company milled 2,563 tonnes of ore with a head grade of 6.0 g/t, producing 475 ounces of gold, while selling 124 ounces.
  • The company secured a custom milling permit to process third-party materials and increased its workforce from 76 to 106 employees by the end of October.

Key Details

  • Production Metrics (October 2025):
    • Tonnes milled: 2,563 tonnes
    • Mill head grade: 6.0 grams per tonne
    • Recovery rate: 95.6%
    • Ounces produced: 475 ounces
    • Ounces sold: 124 ounces
  • Operational Status:
    • One stope in production; two stopes under development underground.
    • Civil engineering work continued at tailings facilities in preparation for a planned lift in summer 2026.
    • Diamond drill rigs increased from two to three during October.
    • Drift rehabilitation meterage decreased due to crew redeployment to shaft station rehabilitation at levels 235, 295, and 355.
  • Workforce and Permitting:
    • Headcount increased from 76 employees (end of June) to 106 employees (end of October), plus additional contractors.
    • Received custom milling permit in October to begin discussions with neighbors regarding processing third-party materials.
  • Corporate Activities and Conferences:
    • Attended Munich Mining Conference (early October) to engage European investors.
    • Hosted investor site visits to demonstrate project advancement.
    • Commissioned video production with camera and drone crews for promotional materials.
    • Attended Red Cloud Mining Showcase in Toronto and New Orleans investment conference (early November).
    • Scheduled presentation at Mines and Money in London (end of November) in a pitch battle format.

Notable Quotes

  • "We are continuing to advance development and production underground and at the mill. Our priority remains the hiring, onboarding and training of new employees. We went from 76 employees at the end of June to 106 at the end of October plus the addition of contractors to support us." — Pascal Hamelin, President and CEO
Read the original news release →

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