Additional 1,500 Meters of Diamond Drilling Planned for the Near Term and Excellent Results Obtained in Recent Drilling Program at the Abcourt-Barvue Property
Mont-St-Hilaire, Quebec, Canada / TheNewswire / February 15 2016 - Mr. Renaud Hinse, President and Chief Executive Officer of Abcourt Mines Inc. (TSX-V: ABI, Berlin: AML-BE and Frankfurt Stock Exchanges: AML-FF) ("Abcourt"") is pleased to announce that 1,500 meters of diamond drilling is planned for the near term on the Abcourt-Barvue property located near Val-d'Or, Quebec. This drilling will be in addition to 2,142 meters of drilling done in the Fall of 2015, which have given excellent results, as follow. Five holes, AB-15-03 to AB-15-07, were drilled at depths of about 250 m in the central part of the Abcourt zone, to upgrade inferred resources into indicated resources. Good grades with interesting widths were intersected in four holes. In addition, tree additional holes were drilled at a depth of about 150 m, at the eastern limit of the Barvue zone, also to upgrade inferred resources into indicated resources. Again good widths with good values were intersected. True widths are from 60 to 75 % of core lengths. See table below:
| Hole No. | From m | To m | Length m | Ag g/ t | Zn % |
| AB-15-03 | 240.0 | 249.0 | 9.0 | 92.01 | 5.81 |
| AB-15-04 | 318.0 | 322.0 | 4.0 | 32.92 | 1.26 |
| AB-15-05 | 270.0 | 286.0 | 16.0 | 63.18 | 2.24 |
| AB-15-06 | 243.0 | 264.0 | 21.0 | 66.46 | 2.81 |
| AB-15-07 | 266.0 | 274.2 | 8.2 | 118.19 | 5.00 |
| AB-15-08 | 112.0 | 126.7 | 14.7 | 155.23 | 2.06 |
| AB-15-09 | 167.0 | 182.3 | 15.2 | 42.45 | 2.92 |
| AB-15-10 | 170.3 | 178.5 | 8.2 | 61.75 | 3.86 |
QA/QC PROCEDURE
N.Q. core is placed in boxes at drill site and boxes are delivered to the core shack by the drillers. Hole locations and dips of holes are checked by an Abcourt employee. Core is logged and samples taken are marked by a qualified person. The sampled core is cut in half by a diamond saw, half being kept in the core box and stored on the site, the other half being taken to Laboratoire Expert in Rouyn-Noranda for assaying by the atomic absorption method. For every twenty samples of core, a standard sample is included in the batch. At the laboratory, one sample in ten is analyzed in duplicate. Sample rejects and unused pulps are returned and stored at the project site. Laboratoire Expert is not an accredited assayer but the use of standard samples enables us to check the accuracy of the assays.
About Abcourt Mines Inc.
Abcourt Mines Inc. is an exploration and development company with strategically located properties in northwestern Quebec, Canada. The Elder property has gold resources (2012), the Abcourt-Barvue Project has silver-zinc ore reserves (2007) and resources (2012) and the Aldermac property has historical copper-zinc resources. The reported reserves and resources are considered as current mineral reserves and resources. Abcourt is now focused on the Elder and Abcourt-Barvue projects with Elder as the first priority. Reserves and resources are current. A positive PEA report was prepared on Elder in the Fall of 2012 by Roche Limited, Consulting Group. A positive feasibility study was completed by GENIVAR in 2007 on the Abcourt-Barvue project. To know more about Abcourt, please visit our web site at www.abcourt.com and SEDAR.
FORWARD-LOOKING STATEMENTS: Certain of the information contained in this news release may contain "forward-looking information". Forward-looking information and statements may include, among others, statements regarding the future plans, costs, objectives or performance of Abcourt Mines Inc. (the "Company"), or the assumptions underlying any of the foregoing. In this news release, words such as "may", "would", "could", "will", "likely", "believe", "expect", "anticipate", "intend", "plan", "estimate" and similar words and the negative form thereof are used to identify forward-looking statements. Forward-looking statements should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether, or the times at or by which, such future performance will be achieved. Forward-looking statements and information are based on information available at the time and/or management's good-faith belief with respect to future events and are subject to known or unknown risks, uncertainties, assumptions and other unpredictable factors, many of which are beyond the Company's control. These risks, uncertainties and assumptions include, but are not limited to, those described under "Risk Factors" in the Company's amended and restated annual information form dated May 11, 2012 and could cause actual events or results to differ materially from those projected in any forward-looking statements. The Company does not intend, nor does the Company undertake any obligation, to update or revise any forward-looking information or statements contained in this news release to reflect subsequent information, events or circumstances or otherwise, except if required by applicable laws.
This press release was prepared by Mr. Renaud Hinse, P. Eng., a qualified person, President of Abcourt Mines Inc.
For more information, please contact:
Renaud Hinse, President and CEO
T: 819 768-2857 450 446-5511
F: 819 768-5475 450 446-3550
Email : rhinse@abcourt.com
Neither 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.
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