ABOT Mining Estimates Potential Asset Value in Excess of $1 Billion on Mexican Property

Abot Mining is pleased to announce potential pmining rocks equipment south africaroduction of up to 900,000 ounces of Au from processing of approximately 400,000 tons ores available on our JV Partner Mexican gold property. As reported earlier, initial flotation engineering results from the surface of the ore indicated a recovery value of 89.00% of the Au and showed 2.51 ounces of Au per metric ton of ore. This cumulative ore tonnage represents possible production of over $1.5 billion in today's gold prices.

The period to achieve such cumulative production of Au shall depend on Company's production agreement with various mills in the region that will include but not limited to key contract terms such as refining cost, acceptable recovery rates, mill downtime & maintenance period, capacity utilization, etc. There is currently no NI 43-101 compliant report for the identified allotted tonnage, however, the initial surface sampling show positive results and the Company expects feed grade to improve further as access the ore from...