Mr. Pascal Hamelin reports

ABCOURT COMPLETES HIGH-RESOLUTION DRONE MAGNETIC SURVEY ON ITS FLORDIN PROPERTY

The high-resolution drone magnetic survey undertaken in early January on Abcourt Mines Inc.'s Flordin property has been completed and results are now available.

Highlights:

• The main east-southeast/west-northwest strike magnetic anomaly is continuous over the entire property and corresponds, according to known geological information, to the mafic lava sequence (basalt-andesite) of the Vanier-Dalet-Poirier group (VDP), which hosts the gold mineralization.
• The first derivative of the vertical gradient clearly confirms the late structural displacements. These were observed on the stripping and confirmed by the structural study of GEOX Consulting Inc. carried out in 2025. These displacements affect the mineralized zones. With this new survey, the company is now able to ensure the predictivity of these movements for the planning of future work.
• All drilling to be completed in 2026 on the Flordin property (20,000 metres) is located within the magnetic anomaly defined by this new survey.

At the end of December, 2025, the company mandated Terrascope Inc. to conduct a high-resolution magnetic drone survey on its Flordin property. In all, 463 kilometres of flight lines covered the entire Flordin property. These were spaced 35 metres apart and the flight height was about 32 metres from the ground. The results of this survey clearly demonstrate the continuity of the main magnetic anomaly over the entire property. According to known geological information, the main magnetic anomaly corresponds to the mafic lava sequence (basalt-andesite) of the Vanier-Dalet-Poirier group. It is within this mafic volcanic sequence that the company finds the Cameron shear corridor. This significant shear is the main channel of the gold mineralization. The recent magnetic survey confirms, without a doubt, the continuity of this major structure throughout Abcourt's property.

The images of the first and second vertical derivative, obtained by the processing of magnetic data, allow Abcourt to visualize very clearly late structures of northeast-southwest orientation that move and shift geological units. Concretely, these late moves were observed on the Cartwright stripping and the 25-02. The structural study carried out by Lucie Mathieu of GEOX Consultations also confirms the presence of late structural displacements in a north-northeast direction. The confirmation of these late movement and the precise location of these will allow the company to properly plan and orient its future work based on these displacement. It should be noted that the drilling currently under way and to be drilled in 2026 for a total of 20,000 metres is all located within the main magnetic anomaly.

Pascal Hamelin, president and chief executive officer, commented: "The results of this high-resolution magnetic survey are convincing. It was necessary to carry out this project, especially with the technological advances related to the field of geophysics. The survey clearly demonstrates the continuity and continuation of the magnetic anomaly over our entire property. The interpretation from the survey will help the planning and increase the efficiency of the current drill campaign. We look forward to seeing the initial assay results from this campaign."

Qualified persons

Robert Gagnon, PGeo, vice-president, exploration, of the company, and Marc Boivin, PGeo, consulting geophysicist, have verified and approved the technical information contained in this press release.

About Abcourt Mines Inc.

Abcourt Mines is a Canadian gold development company with properties strategically located in northwestern Quebec, Canada. Abcourt owns the Sleeping Giant mine and mill and the Flordin property, where it concentrates its activities.

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