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Message: Abcourt mine update

Abcourt mine update

posted on Jan 16, 2009 05:47PM


Just a quick update;

A crew continues working on equipment at the Abcourt Barvue silver zinc property. Vice President Charles Bélanger who has an office at this property is supervising the work as well as continuing to work on the operational plan for the silver zinc project.

We expect much higher silver and zinc prices in 2009 and are working to that end.

President Renaud Hinse is working at the Elder gold mine office. Mr. Hinse and the board have decided to prepare a formal exploration program plan for the Elder gold mine with the intent of increasing the known resource and identifying the potential for doubling or tripling the known gold resource through exploration. Vice President Charles Bélanger and consultant Jean-Pierre Bérubé will also be contributing to the preparation of the plan at Elder.

The known resource at Elder is open in several directions. Here are some intersections discovered at level 14 of the mine during a drill exploration program that was conducted several years ago:

24 feet of 17.5 grams/ton

23 feet of 35 grams/ton

30 feet of 27 grams/ton



All the best,

Joe





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