Abcourt Presents Operations Update for November 2025 in the Development of the Sleeping Giant Mine

ROUYN-NORANDA, Quebec, Dec. 17, 2025 (GLOBE NEWSWIRE) -- Abcourt Mines Inc. (“Abcourt” or the “Corporation”) (TSX Venture: ABI) (OTCQB: ABMBF) is pleased to present an update on the November development work at the Sleeping Giant Mine, located in the Eeyou Istchee region of Quebec.

Highlights

Abcourt advanced the development of its workplaces and continued hiring in November. Abcourt added a fourth mining front as planned. The lower tonnage in November was caused by development sequence in two of the four workplaces.   It was a question of timing to safely advance the workplaces like advancing ventilation to the next sub-level in one of the workplaces.  

During a startup, sequencing has a greater impact on throughput than a steady state operation with more mining fronts.   The labour workforce continued to increase in November, and we agreed on a training program with our partner, Technica Mining, to train graduate students from mining schools in conventional mining. The training program will begin in January. We plan to build the workforce for the next decade with this training program.

Pascal Hamelin, President and CEO, stated: “Seeing the head grade and the mill recovery upgrade on a month-to-month basis is very encouraging and helps us in the recruiting of the workforce. There are many young mining graduates willing to join Abcourt with our work schedule and accommodations on the site. We will welcome, train, and integrate them in our team to safely make Sleeping Giant Mine a good place to succeed individually and as a team.”

We are also very pleased to announce that Abcourt has won the precious metal panel pitch battle at the Mines and Money conference in London earlier in December and was featured amongst the best mining projects worldwide. Abcourt made it to the final round of the competition and will continue working toward raising awareness from investors all around the world.

Monthly Summary of Key Elements

1. The gold inventory in the circuit at the end of the month was 828 ounces.
2. The silver ounces in the circuit are not assayed.
3. The silver ounces are recovered with the gold at the refinery, delivered to the Mint and sold with the gold to the market.
   
   

Qualified Person

Pascal Hamelin, Eng, President and Chief Executive Officer of the Corporation, has verified and approved the technical information contained in this press release.

Mr. Hamelin is a qualified person under Regulation 43-101.

ABOUT ABCOURT MINES INC.

Abcourt Mines Inc. is a Canadian gold development company with properties strategically located in northwestern Québec, Canada. Abcourt owns the Sleeping Giant mine and mill, as well as the Flordin property, where it focuses its development activities.

For more information about Abcourt Mines Inc., please visit our website at www.abcourt.ca and view our filings under Abcourt's profile on www.sedarplus.ca

FORWARD-LOOKING STATEMENTS

Certain information contained in this news release may constitute "forward-looking information" within the meaning of Canadian securities legislation. Generally, forward-looking information can be identified by using forward-looking terminology, such as "plans", "aims", "expects", "projects", "intends", "anticipates", "estimates", "could", "should", "likely", or variations of such words and phrases or statements specifying that certain acts, events or results "may", "should", "will" or "be achieved" or other similar expressions. Forward-looking statements, including the expectation of the Corporation with respect to the expected use of the proceeds from the Financing Facility and the final approval of the TSXV, are based on Abcourt's estimates and are subject to known and unknown risks, uncertainties and other factors that may cause Abcourt's actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking statements or information. Forward-looking statements are subject to business, economic and uncertainties and other factors that could cause actual results to differ materially from these forward-looking statements, including the relevant assumptions and risk factors set forth in Abcourt's public filings, which are available on SEDAR+ at www.sedarplus.ca. There can be no assurance that these statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Although Abcourt believes that the assumptions and factors used in preparing the forward-looking statements are reasonable, undue reliance should not be placed on such statements. Except as required by applicable securities laws, Abcourt disclaims any intention or obligation to update or revise any such forward-looking statements or information, whether as a result of new information, future events or otherwise.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.