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Abcourt Mines Gold Production Falls to 720 Ounces in Q4

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Abcourt Mines (ABI.V) produced 720 ounces of gold in the fourth quarter at its Sleeping Giant Mine in Quebec, falling below the prior quarter's output, the company said on Thursday.

This brings its annual production to 3,628 ounces at an average grade of 4.18 grams per tonne of gold.

Abcourt processed 11,891 tonnes of ore during the quarter ended June 30, a 160% jump over the previous quarter. June also marked a historical peak for the fiscal year with 5,229 tonnes milled, it added.

Abcourt shares were down C$0.005, to C$0.065, on the TSX Venture Exchange.

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