Abcourt Mines Inc, an emerging junior gold producer Produc8on - PowerPoint PPT Presentation

A BCOURT M INES TSXV : ABI Abcourt Mines Inc, an emerging junior gold producer Produc8on target: At Elder : 18,000 to 20,000 ounces/year At Sleeping Giant: 18,000 to 22,000 ounces/year December, 2016 1

A BCOURT M INES TSXV : ABI FORWARD LOOKING STATEMENTS Except for statements of historical facts, some statements contained in this Power Point presenta8on, cons8tute forward looking statements, including, without limita8on, an8cipated developments in the Company’s opera8ons in future periods and other events or condi8ons that may occur in the future. These statements are about the future and are inherently uncertain and actual achievements of the Company or other future events or condi8ons may differ materially from those reflected in the forward-looking statements due to a variety of risks, uncertain8es and other factors. Management believes that the expecta8ons reflected in those statements are reasonable but no assurance can be given that these expecta8ons will prove to be correct. It is recommended not to place undue reliance on forward-looking statements as the plans, inten8ons or expecta8ons upon which they are based might not occur. 2

A BCOURT M INES TSXv : ABI / Pink Sheets : ABMBF ABCOURT’S PROPERTIES (ROUYN-NORANDA / VAL-D’OR AREA) 1- Abcourt-Barvue 2- Vendome 3- Jonpol 4- Elder-Tagami 5- Aldermac 3

A BCOURT M INES TSXv : ABI / Pink Sheets : ABMBF ABCOURT’S PROPERTIES (AMOS – MATAGAMI AREA) 8 . 6- Vezza (claims) 7- Géant Dormant mine 8- Discovery - Flordin 4

KEY EVENTS IN 2015-2016 Commercial produc8on begins at the Elder Mine on January 1 st 2016; • Transfer of Elder explora8on and evalua8on assets into property, plant, and • equipment assets with impact on accoun8ng rendi8on; As of January 1 st 2016, gold and silver sales accounted for in the revenue category; • Hiring of Ms Chris8ne Lefebvre as chief accountant of Abcourt Mines; • Improvement in health and safety record; • Purchase of the Sleeping Giant Mine along with four mining leases and nine • explora8on proper8es, two of which with historical resources containing some 791 000 ounces of gold; Acquisi8on of all opera8ng and environmental permits to operate Sleeping Giant • and $4,0 M in deposit for site rehabilita8on; On August 15, 2016, the Sleeping Giant Mill starts processing the Elder Mine ore; • Signing of a collec8ve agreement for the Sleeping Giant employees; • Ajer total yearly sales of $ 23.98M in gold and silver, Abcourt Mines closed the • year with gold and silver stocks plus gold resources stockpiles worth $3.2M, and cash and term deposits worth $2.5 M; Assets increased by $10M to $33.6M while liabili8es increased by only $6.8M • mainly due to provisions for restora8on of both mine sites. 5

A BCOURT M INES TSXv : ABI The Elder Gold Mine The mine is equiped with functional buildings and all of the surface and underground equipment with a 2,600-ft shaft (793 m) and 16 levels. 95 employees 6

A BCOURT M INES TSXv : ABI § In 2015/16 most ore is sourced from levels 6, 7 and 8. § The deposit is open at depth and a new zone (#7) is indicated. § An underground mine development program is being implemented to upgrade resources to reserves. 7

A BCOURT M INES TSXv : ABI ELDER MINE - RESOURCES (May 9, 2012) 43-101 Measured and 3.45 g/t Au cut off grade Indicated Resources 1,361,212 tonnes @ 6.6 g/ 289,000 ounces t Au 43-101 Inferred Resources 3.8 g/t Au cut off grade 637,900 tonnes @ 5.7 117,000 ounces grams/t. Au 8

A BCOURT M INES TSXv : ABI Summary of Fiscal 2015 and 2016 Fiscal 2015 Fiscal 2016 Gold mineraliza8on extracted 66,572 tonnes 97,868 tonnes Gold mineraliza8on treated at mill 64,289 tonnes 106,970 tonnes Gold recovered 9,161 ounces 15,712 ounces Silver recovered 2,367 ounces 2,248 ounces (est) Proceeds from sales of gold and silver 13,485,248 $CAN 23,980,361 $CAN Elder gold mine aims to produce at a rate of 18,000 to 20,000 ounces of gold per year, in fiscal 2017. 9

A BCOURT M INES TSXv : ABI Sleeping Giant mine / mine Géant Dormant 10

Explora8on target area for 2016-2017 11

62 212 tons @ 12.3 g/t 48 165 tons @ 15.2 g/t (140 m in ore) 9 277 tons @10.7 g/t 39 084 tons @ 5.6 g/t (92 m in ore) 12

Loca8on of the Sleeping Giant mine and other Gold Proper8es with the Regional Geology FLORENCE DISCOVERY Matagami Chibougamau VEZZA CAMERON SHEAR HARRICANA FLORDIN LAFLAMME DORMEX 150 Km Senneterre Amos 13

A BCOURT M INES TSXv : ABI SLEEPING GIANT RESOURCES BY INNOVEXPO – AUGUST 2013 43-101 MEASURED AND 6,5 g/t Au cut-off grade INDICATED RESOURCES 306,100 tonnes @ 12,3 grams of 121,000 ounces gold per tonne 43-101 INFERRED RESOURCES 6,5 g/t Au cut-off grade 41,700 tonnes @ 12,4 grams of 17,000 ounces gold per tonne GOLD POUR AT SLEEPING GIANT MINE Note: Mine development on two booom levels will add resources. 14

A BCOURT M INES TSXv : ABI Forward looking at year 2016-2017 • Increase tonnage capacity at the Elder mine by intensifying mine development to get access to new resources and to new stoping blocks; • Proceed with mine restora8on and complete ore pass system before star8ng underground development and produc8on at Sleeping Giant; • Maintain 8ght opera8onal cost control at both sites; • Maintain environmental controls at all mine sites; • Start the development of the Ag-Zn Barvue project. 15

A BCOURT M INES TSXv : ABI OTHER PROJECTS AND PROPERTIES § Discovery property with historical measured and indicated resources containing 237 000 onces of gold and inferred resources with 294 500 onces of gold; § Flordin property with historical measured and indicated resources containing 162,035 ounces of gold and inferred resources with 97,651 onces of gold. Open pit project; § Barvue-Vendome Ag, Au, Cu, Zn project with 43-101 resource estimates and positive feasibility study by Genivar in 2009; § Aldermac property with 2 M tonnes in historical resources of Ag, Au, Cu, Zn; § Jonpol property with historical resources of Ag, Au, Cu, Zn values; § Vezza, Dormex, Harricana, Cameron Shear, Laflamme properties with favourable geology for gold 16

Sta_s_ques (évolu_on depuis janvier 2016) Fréquence des accidents. 37 24.4 22 19.6 18.7 18.5 15.5 14.8 14.8 14.1 14.1 14 12.2 9.4 9.3 8.7 8.2 8.5 7.9 7.7 7 0 Fréquence compensable Fréquence combinée

A BCOURT M INES TSXv : ABI / Pink Sheets : ABMBF STRONG MANAGEMENT TEAM Officers: § Renaud Hinse, P. Eng., Mining engineer President and CEO has been ac_vely involved in opera_ons throughout Canada for over 50 years, both with major and junior mining companies. Proven track record of cost efficient mining opera_on management. § Marc Filion, P. Eng., Ph.D, M.B.A., Director and CFO, has over 35 years of worldwide exper_se of projects development and management. § Charles Bélanger, P. Eng., M.B.A., has more than 30 years of mining experience in Canada. § Roger Jolicoeur (RWJ Consultants Miniers), Mill operator and construc_on specialist with extended worldwide experience. § Chris_ne Lefebvre, LLB, CPA, CA, chief accountant with several years of experience. Directors: Renaud Hinse, mining engineer, CEO François Mestrallet, business man André de Guise, mining engineer with several years of mine management experience Marc Filion, Ph. D, M.B.A., P. Eng. geology Normand Hinse, B. adm., business man Jean-Guy Courtois, re_red business man 18

TSXv : ABI A BCOURT M INES Thank you Thank you Renaud Hinse Renaud Hinse President, Director and CEO President, Director and CEO Abcourt Mines Inc. Abcourt Mines Inc. 506 des Falaises St. 506 des Falaises St. Mont-St-Hilaire, Québec Mont-St-Hilaire, Québec J3H 5R7 J3H 5R7 Tel.: 1-819-768-2857 Tel.: 1-819-768-2857 rhinse@abcourt.com rhinse@abcourt.com 19

M INES A BCOURT INC TSXv : ABI Merci Renaud Hinse Président, administrateur et chef de l’exploitation Mines Abcourt inc. 506 des Falaises St. Mont-St-Hilaire, Québec J3H 5R7 Tél.: 1-819-768-2857 rhinse@abcourt.com 20