QUEBEC - The first new resource estimate of the Abcourt-Barvue project since 1999 puts the numbers up 18% for tonnage, and 18.6% for silver and 24% for zinc, reports ABCOURT MINES. Located 60 km north of Val d'Or, Que., the former mine was worked as an open pit from 1952 to 1957 and developed for underground production between 1985 and 1990.
The company announced figures for the 43-010 zone. The latest estimate puts measured and indicated open pit resources at 2.53 million tonnes grading 62.49 g/t Ag and 3.44% Zn. The underground portion of the deposit contains total measured and indicated resources of 1.65 million tonnes grading 65.87 g/t Ag and 3.52% Zn. Additional inferred resources are estimated to be 2.78 million tonnes grading 122.11 g/t Ag and 3.27% Zn.
Abcourt is proceeding with drilling to upgrade resources to reserves as part of its on-going feasibility study. Should the company decide to reopen the mine on a commercial basis, all surface and underground infrastructure is in working order. Photos and longitudinal sections are posted at www.abcourt.com.
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