Abcourt Mines Reviewed as an Exceptional Risk-Reward Profile, ABI is Now at 90% of All Material Needed for the Construction of an 1800-tpd Mill for Silver-Zinc Production

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Valuation Note; Abcourt Mines at 90% of Material for 1800tpd Ag-Zn Mine. Precious Metals Review of Abcourt mines as ABI presents an exceptional risk-reward scenario; resource rich with 750 Million lbs Zinc, 20+ Million Oz Silver, & 220k+ Oz Gold, plus they possesses a 13 year Ag-Zn mine life that is wide open for expansion, yet have only 45 Million shares outstanding and are trading under US$0.50 per share - Now with news Abcourt has close to 90% of all the material needed for the construction of an 1800-tonne per day mill at their silver-zinc Abcourt-Barvue project. It appears shares of ABI.V are primed for upside valuation adjustment.

Precious Metals Review of Abcourt Mines Inc. (TSX-V: ABI) (ABMBF.PK) provides insight into the opportunity afforded investors as Abcourt now posesses 90% of all the material needed for the construction of an 1800-tonne per day mill at their silver-zinc Abcourt-Barvue project.

The full Precious Metals Review / Valuation Synopsis with chart may be seen at: http://www.sectornewswire.com/PMR-ABI0208.pdf

Excerpts:
"ABI presents an exceptional risk-reward scenario; resource rich with 750 Million lbs Zinc, 20+ Million Oz Silver, & 220k+ Oz Gold, plus they possess a 13 year Ag-Zn mine life that is wide open for expansion, yet have only 45 Million shares outstanding and are trading under US$0.50 per share - Now with news Abcourt has ~90% of all the material needed for the construction of an 1800-tonne per day mill at their silver-zinc Abcourt-Barvue project. It appears shares of ABI.V are primed for upside valuation adjustment."

"Abcourt Mines Inc. is a TSX Venture Exchange listed advanced stage development and exploration mining company (ticker symbol ABI.V), US listing (ABMBF) and Frankfurt & Berlin listing (ISIN - CA00288E3005). Abcourt is extremely undervalued at its current valuation. They have the resources to put into production and are currently forging ahead with progress towards taking the open pit Abcourt-Barvue Silver-Zinc Project back into production. The Company is in possession of an optimized feasibility report that gives the green light to proceed and have recently facilitated the purchase of additional equipment & machinery towards forwarding their goal of reopening the mine and exploiting their large resource base. This large resource base may be extended/expanded well beyond the initial 13 year mine life as area miners such as Agnico Eagle, IAMGold, Richmont, Breakwater and Xstrata share the same geological model and are currently mining at much greater depths then what Abcourt initially has planned."

"With Abcourt's news of the purchase of mill equipment coupled with their existing infrastructure & equipment from their once producing silver-zinc mine, it appears near-term production is imminent and with significantly improved metrics. Now is the time to pay attention to ABI.V shares as the current valuation should make upward adjustments to reflect forward discounted future revenues of Abcourt as a silver-zinc producer with a solid expandable resource base in a mining friendly region. ABI.V's latest purchase of equipment once owned and used by Barrick Gold Corp. eliminates a 24 month wait for new equipment and is a major savings. The latest equipment purchase is only 10-12 yrs old and includes flotation and grinding mill equipment plus accessories. This with the already purchased and the existing facilities on the mine site covers close to 90% of all the material needed for the construction of an 1800-tonne per day mill at their silver-zinc Abcourt-Barvue project. The purchase of mill equipment is described by Abcourt's management "a major step towards a production decision"; a target production date will be clearer after dismantling and shipping of the mill equipment to ABI's mine site, after the spring thaw. Additional cost savings considerations are available such as staking a new open pit on the Abcourt-Barvue deposit, next to the existing open-pit."

"Abcourt also plans on reopening their past producing (1947 - 1966) Elder gold mine located 60 miles from their silver-zinc project. Similarly to the Abcourt-Barvue mine, Elder gold mine has a substantial amount of well maintained and upgraded equipment & infrastructure in place with a geological model the Company believes holds potential for 1.5M tones of ore grading approx. 0.2 oz of gold per ton at the Elder gold property."

"Summary of observations made by qualified analyst: An analyst report from Q3/07 (copy available here [PDF]) has identified Abcourt Mines Inc as significantly undervalued with its five key projects being heavily discounted at current share price valuation of under CDN$0.50. The Abcourt-Barvue silver-zinc deposit alone has significant resources valued at over one billion US dollars which the Company's independent feasibility report indicates as economically mineable with a 13 year mine life. This one project alone is significantly discounted with the market capitalization of Abcourt Mines Inc. under CDN$21M; Abcourt Mines has 278,830 metric tons of zinc resources and 19,644,354 ounces of silver at the Abcourt-Barvue project, they also have 198,744 ounces of gold at it's Elder Gold Project. Additionally Abcourt Mines owns infrastructure and equipment which estimated value exceeds its current market-cap. The Analyst provides a compelling risk-reward picture for inventors, explaining how Abcourt will realize a multiple expansion (p / Zn equiv.) as Abcourt is currently undervalued at between a mere $0.01 - $0.02 per Zn-equivalent lb found at the Abcourt-Barvue project alone, a level at the low end generally attributed to earlier stage exploration companies with resources. The current share price is only attributing value to the in-ground zinc resources at the Abcourt-Barvue project - ignoring its large silver resources, other properties and the significant infrastructure the Company possesses from when it was a past producer at the silver-zinc operation and the Elder Gold mine sites."

"ABI is undervalued with minimal downside & large upside potential."

This release may contain forward-looking statements regarding future events that involve risk and uncertainties. Readers are cautioned that these forward-looking statements are only predictions and may differ materially from actual events or results. Articles, excerpts, commentary and reviews herein are for information purposes and are not solicitations to buy or sell and of the securities mentioned. Readers are referred to the terms of use, disclaimer and disclosure located at the above referenced URLs.

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