Abcourt intercepts 0.5 g/t Au over 153 m including 10.9 g/t over 2.1 m at Flordin

ROUYN-NORANDA, Québec, July 08, 2026 (GLOBE NEWSWIRE) -- Abcourt Mines Inc. ("Abcourt" or the "Company") (TSX Venture: ABI) (OTCQB: ABMBF) is pleased to announce that it has completed all drilling under the Cartwright stripping and in the extension of stripping 25-02, located 300 metres west of the Cartwright stripping, on the Flordin property.   In total, 8 holes for a total of 2,330 metres were carried out in the two sectors, 4 holes under the Cartwright stripping and 4 in the 25-02 sector. The drill rig was then moved to the South Zone area to test its potential at an average depth of 200 metres. Last year, the 4 holes drilled in the eastern extension of this zone intercepted gold mineralization at approximately 400-500 metres depth.

The first hole, FL-26-306, of the 2026 campaign completed in this area visually contained tens of metres of pyrite mineralization with the typical alterations associated with the presence of gold. Assay results for this first hole in the South Zone of the 2026 campaign confirmed the presence of gold with a grade of 0.5 g/t gold over 153 metres including 10.9 g/t gold over 2.1 metres . A mineralized envelope of such magnitude in an area that has been virtually unexplored to date significantly increases the value of the Flordin project and its South Zone.

Several exploration holes drilled in this area are currently being assayed. These exploration holes, which are spaced approximately 50-75 metres apart, have all visually intersected mineralized envelopes typical of the South Zone. Summary of drilling in the Cartwright area and stripping 25-2.

The four new holes drilled below the Cartwright Trench confirmed the continuity of the structure and gold mineralized zones at depth (200 metres). Hole FL-26-298 intersected a mineralized envelope of 0.3 g/t gold over 29.5 metres including 3.9 g/t over 1 metre