Abcourt holds 100% of the Aldermac property located in Beauchastel township near Rouyn-Noranda, Quebec. This 303- hectare property is the site of a former mine, serviced by a 495-meter 3-compartment shaft and nine levels. In the past, it produced two million tons of ore with a grade of 1.78% Cu, 0.2 oz/t Ag, 0.02 oz/t Au and 1.50% ± Zn.
Around the old mine and 300 m further East, where a new deposit was discovered in 1987, historical resources are as follows:
| Description | Short tons | Cu % | Zn % | Ag oz/t |
|---|---|---|---|---|
| Area around the old mine | 620,000 | 1.60 ± | 2.00 ± | 0.2 |
| New deposit to the East | 1,150,000 | 1.50 | 4.13 | 0.9 |
| Total | 1,770,000 | 1.54 | 3.38 | 0.6 |
The historical resources reported above were prepared before the introduction of National Instrument 43-101. The historical resources have not been verified and should not be relied upon.