Abcourt Presents Operations Update For February 2026 In The Development Of The Sleeping Giant Mine And A Corporate Update

(MENAFN- GlobeNewsWire - Nasdaq) ROUYN-NORANDA, Quebec, March 18, 2026 (GLOBE NEWSWIRE) -- Abcourt Mines Inc. (“ Abcourt” or the“ Corporation”) (TSX Venture: ABI) (OTCQB: ABMBF) is pleased to provide an update on development work completed in February 2026 at the Sleeping Giant Mine, located in the Eeyou Istchee region of Quebec.

In February, Abcourt continued hiring and training miners. Eight new employees joined the Abcourt team in February, bringing the total to 134. The development of the drifts leading to the next long-hole stopes remains the Company's priority. Abcourt anticipates the start of the first long-hole stopes in early summer 2026.

Operation Highlights

	Q1 2025/09/30	Q2 2025/12/31	Q3 2026/03/31 to date	January	February	YTD
Diamond Drilling (m)	6,467	4,572	4,120	1,537	2,583	15,159
Underground Rehabilitation (m)	1,703	903	143	127	17	2,749
Underground Development (m)	71	290	169	84	85	530
Tonnes Milled (tonnes)	3,511	5,652	4,562	2,759	1,803	13,725
Mill Head Grade (g/t)	5.9	6.2	6.6	7.3	5.7	6.3
Ounces Milled (oz)	664	1,125	972	644	328	2,761
% Recovered	94.9%	96.1%	97.1%	97.2%	97.0%	96.2%
Ounces Produced (oz)	630	1,081	944	626	318	2,655
Ounces Poured (oz)	26	837	772	374	398	1,635

The gold inventory in the circuit at the end of the month of February was 1,020 ounces.

Work at the camp continued in February with the addition of a 36-room block, on top of the existing 50 rooms. This second phase of adding rooms is expected to be completed in the coming weeks. Construction of the third block of rooms is scheduled to begin in early summer.

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.

Photos accompanying this announcement are available at

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