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  • 20 Mar 2026

Abcourt Mines Inc. (TSXV: ABI) Sleeping Giant ramp-up gains traction; Glencore deal de-risks balance sheet; maintain BUY


ABCOURT MINES INC -CL B (ABI:TSE), 0 | Abcourt Mines, Inc. Class B (ABI:TSX), 0 | Glencore plc (GLEN:LON), 568

  • Couloir Capital
    • Tim Wright | Couloir Research Team

    • 12 pages


 

◆ Abcourt Mines Inc. (TSX: ABI) (“Abcourt” or the “Company”) is a gold exploration and development company operating in Quebec, Canada. Its primary development asset is the Sleeping Giant mine and mill, complemented by its key exploration project, Flordin. ◆ Exploration advancing at Flordin project: Abcourt has resumed exploration activities at its Flordin gold project, initiating a 20,000-meter Phase 2 drilling program. The campaign targets the Cartwright and South Zone sectors with the objective of extending mineralization both laterally and at depth. Management views the program as a key step toward defining a larger gold system within the Flordin property. ◆ Strategic financing and offtake with Glencore: A key milestone for Abcourt was the completion of a US$30 million senior debt financing and offtake agreement with Glencore. The financing includes an initial US$18.1 million tranche and US$11.9 million available for drawdown in late 2026 or early 2027. Under the agreement, Glencor

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Abcourt Mines Inc. (TSXV: ABI) Sleeping Giant ramp-up gains traction; Glencore deal de-risks balance sheet; maintain BUY


ABCOURT MINES INC -CL B (ABI:TSE), 0 | Abcourt Mines, Inc. Class B (ABI:TSX), 0 | Glencore plc (GLEN:LON), 568

  • Published: 20 Mar 2026
  • Author: Tim Wright | Couloir Research Team
  • Pages: 12
  • Couloir Capital


◆ Abcourt Mines Inc. (TSX: ABI) (“Abcourt” or the “Company”) is a gold exploration and development company operating in Quebec, Canada. Its primary development asset is the Sleeping Giant mine and mill, complemented by its key exploration project, Flordin. ◆ Exploration advancing at Flordin project: Abcourt has resumed exploration activities at its Flordin gold project, initiating a 20,000-meter Phase 2 drilling program. The campaign targets the Cartwright and South Zone sectors with the objective of extending mineralization both laterally and at depth. Management views the program as a key step toward defining a larger gold system within the Flordin property. ◆ Strategic financing and offtake with Glencore: A key milestone for Abcourt was the completion of a US$30 million senior debt financing and offtake agreement with Glencore. The financing includes an initial US$18.1 million tranche and US$11.9 million available for drawdown in late 2026 or early 2027. Under the agreement, Glencor

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Abcourt Mines:Sleeping no more

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