Mr. Renaud Hinse, President and Chief Executive Officer of Abcourt Mines Inc.
(TSX VENTURE:ABI)(BERLIN:AML)(FRANKFURT:AML) (the "Company") is extremely
pleased to announce that a first gold brick from the Elder mine was poured last
week. To produce this gold brick, a total of 4,839 tonnes of gold mineralization
were processed at the Aurbec's Geant Dormant mill from October 1 to October 11.


In the Roche Limited, Consulting Group - PEA study dated November 2012, the
average mill head grade was estimated at 5.48 grams of gold per tonne and the
mill recovery was assumed to be 94%. Actual results from this initial run were
close to the Roche estimates. Additional runs will be done regularly for a total
of at least 30,000 tonnes in the October-December period. 


From the start in May to the end of September, Elder produced 17,000 tonnes of
gold mineralization now on surface stock piles, including 4,200 tonnes at the
Geant Dormant mill site. 


The milling results will be used to validate the resources and the recovery of
gold for the preparation of a feasibility study, which is expected to be done in
the first quarter of 2014.


The management of the Company estimates that the milling of the gold
mineralization during the development period will produce revenues which will be
used to cover most, if not all, the future operating costs. If these funds are
not sufficient, the Company, as in the past, will have to finance itself by the
issuance of shares or by debt. With the proceeds from the milling of gold
mineralization becoming available, the Company will accelerate the mine
development phase of its project with the objective of reaching full production
capacity in the first quarter of 2014. 


About Abcourt Mines Inc.

Abcourt Mines Inc. is an exploration and development company with strategically
located properties in northwestern Quebec, Canada. The Elder Mine with 43-101
gold resources, the Abcourt-Barvue Project with 43-101 silver-zinc ore reserves
and resources and the Aldermac property with historical copper-zinc resources
are all former producers. Abcourt is now focused on bringing the Elder and
Abcourt-Barvue projects back into production with Elder as the first priority.
At the same time the company is working on other projects (Aldermac, Vezza,
Jonpol and Vendome) to increase its mineral resources inventory. A 43-101
resource calculation was completed in July, 2012, for the Elder Mine. A positive
PEA report was prepared on Elder mine in the Fall of 2012 by Roche Limited,
Consulting Group. A positive 43-101 feasibility study was completed by GENIVAR
in 2007 on the Abcourt-Barvue Project. In addition, mill equipment was
purchased. To know more about Abcourt, please visit our web site at
www.abcourt.com and SEDAR. 


FORWARD-LOOKING STATEMENTS: Certain of the information contained in this news
release may contain "forward-looking information". Forward-looking information
and statements may include, among others, statements regarding the future plans,
costs, objectives or performance of Abcourt Mines Inc. (the "Company"), or the
assumptions underlying any of the foregoing. In this news release, words such as
"may", "would", "could", "will", "likely", "believe", "expect", "anticipate",
"intend", "plan", "estimate" and similar words and the negative form thereof are
used to identify forward-looking statements. Forward-looking statements should
not be read as guarantees of future performance or results, and will not
necessarily be accurate indications of whether, or the times at or by which,
such future performance will be achieved. Forward-looking statements and
information are based on information available at the time and/or management's
good-faith belief with respect to future events and are subject to known or
unknown risks, uncertainties, assumptions and other unpredictable factors, many
of which are beyond the Company's control. These risks, uncertainties and
assumptions include, but are not limited to, those described under "Risk
Factors" in the Company's amended and restated annual information form dated May
11, 2012 and could cause actual events or results to differ materially from
those projected in any forward-looking statements. The Company does not intend,
nor does the Company undertake any obligation, to update or revise any
forward-looking information or statements contained in this news release to
reflect subsequent information, events or circumstances or otherwise, except if
required by applicable laws.


This press release was prepared by Mr. Renaud Hinse, a qualified person,
President of Abcourt Mines Inc.


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Renaud Hinse
President and CEO
819 768-2857 / 450 446-5511
819 768-5475 / 450 446-3550 (FAX)
rhinse@abcourt.com

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