Abcourt intercepts 170.9 g/t Au over 0.8 m at Sleeping Giant

ROUYN-NORANDA, Quebec, June 17, 2026 (GLOBE NEWSWIRE) -- Abcourt Mines Inc. (TSX-V: ABI) (OTCQB: ABMBF) continues its work toward commercial production. The current 40,632 meters of this drilling campaign contributes to strengthening its assets and confirming the potential of the Sleeping Giant mine, its main project. Highlights for Investors: Intensification of the drilling rate : 40,632 m completed in 370 holes since December 2023, including 15,371 m completed in 2026.

Operational acceleration : Deployment of a third drill to reach a rate of 4,500 m per month. High-grade results : Notable intersections including 170.9 g/t Au over 0.8 m and 107.7 g/t Au over 0.5 m. Future progress : Definition work strengthens the mining plan and optimizes operations for 2027.

Drilling Strategy: Convert to Produce Abcourt goes beyond drilling by preparing for its future operations. The distribution of the 40,000 m illustrates rigorous management focused on value creation: Results confirming mining potential Recent drilling has revealed high-grade mineralized zones outside target areas: Significant intersections (not previously published): Zone 3A3B: 170.9 g/t Au over 0.8M (Hole 23-561) Zone A(HW): 138.5 g/t Au over 0.5M (Hole 14-127) Zone 15: 107.7 g/t Au over 0.5M (Hole 29-310) Zone 20: 73.3 g/t Au over 0.5M (Hole 23-583) Next steps: Toward a resource update Increasing the drilling pace (target of 4,500 m/month) combined with recent LiDAR and geophysical surveys will allow Abcourt to: Refine the mine plan for increased operational flexibility. Launch a new phase of deep exploration.

Publish a global mineral resource update integrating these convincing results. Management statements : Pascal Hamelin, P.Eng., President and Chief Executive Officer of Abcourt Mines, states: "The success of this drilling campaign is a game-changer at every level. On the production side, discovering these very high-grade zones sec