The Discovery project has 166 claims with a total area of 4,166 hectares, 100% owned by Abcourt. The property is located about 30 km to the north-west of Lebel-sur-Quévillon, Québec. The gold at Discovery is found in quartz-carbonate veins in a deformed and metamorphosed gabbro. The latest calculation of historical resources was made by InnovExplo in 2008. A significant gold mineralization is indicated. As these resources are not considered current by Abcourt, the Company is therefore prohibited under Canadian securities regulations to publish them.
The Flordin property is located approximately 25 km to the north of Lebel-sur-Quévillon, Quebec. It consists of 25 cells covering 976 hectares, 100% owned by Abcourt. In 2011, the project was re-assessed by Cadiscor Resources Inc. with an open pit plan. Again, the Company is prohibited to publish these results.
During the 2018 fall, Abcourt has completed a drilling campain on the Discovery and Flordin properties (respectively 12 holes for 2,742 meters and 5 holes for 921 meters. The main results of these drilled are provided in the press release issued by the Company on March 20, 2019.
As additional holes were subsequently drilled on the Discovery and Flordin properties, any future work shall include an update of the mineral resources.