Abcourt Mines (TSX-V:ABI) has completed the first hole of its 2026 drilling campaign at the South Zone of its Flordin Property in Québec, Canada.
Standout results include 153m @ 0.5 grams per tonne gold (Au), including 2.1m @ 10.9g/t Au.
The company has completed eight holes totalling 2,330m across two sectors: four holes under the Cartwright stripping and four in the 25-02 sector, 300m west of Cartwright.
The drill rig has now moved to the South Zone, where hole FL-26-306 returned the standout intercept.
A mineralised envelope of such magnitude in an area that has been virtually unexplored to date ‘significantly increases the value’ of the Flordin Project and its South Zone, the company says.
Several exploration holes in the area, spaced approximately 50–75m apart, have visually intersected mineralised envelopes typical of the South Zone and are currently being assayed.
In the Cartwright area, hole FL-26-298 intersected a mineralised envelope of 0.3g/t Au over 29.5m, including 3.9g/t Au over 1m.
Hole FL-26-300 returned 0.3g/t Au over 22.5m, including 2.3g/t Au over 1m, from the IP No. 3 anomaly.
The four holes drilled in the stripping 25-2 area extended the gold-bearing structure more than 300m west of the Cartwright Trench.
While gold grades in this area are more ‘modest’, they confirm the importance of the lateral extension of the mineralised system.
“We have only just started drilling in the South Zone area and are already observing mineralized intervals over 100m thick,” CEO Pascal Hamelin says.
“It is this type of major gold intersection that confirms that our Flordin project is a strategic asset of the utmost importance in our portfolio of properties.”
The company has appointed Abitibi Géophysique to conduct an induced polarisation (IP) survey to detect anomalies that may contain gold mineralisation at depth below the Cartwright Trench.
The IP No. 3 anomaly was partially drilled during the winter, and anomalies detected during the geophysical survey will be followed by drilling during the next phase of 10,000m upon receipt of all necessary permits.
The company expects to reach 10,000m drilled by the end of July.
Abcourt Mines is a Canadian gold development company advancing the Sleeping Giant mine and mill and the Flordin property in northwestern Québec.
Write to JC Villarba at Mining.com.au
Images: Unsplash
