Abcourt reports update on Elder April 20, 2012

Abcourt Mines Inc. (TSX-V: ABI) has  reported on the progress made at the Elder mine.

Mine dewatering

In January last, we expected to have the Elder mine completely dewatered at the end of March.

However, we had some unexpected interruptions caused by obstructions in the shaft (a pipe and a piece of lumber), and two weeks ago, the bearings in our two stationary pumps busted at the same time. They are repaired now and everything is back to normal.

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