Abcourt Mines Inc. reported that the dewatering of the Elder gold mine, located near Rouyn-Noranda, Quebec, is making good progress. The water is now 18 meters below the ninth level at a depth of 400 meters from surface. As it goes deeper in the shaft, the volume of water to pump diminishes. If everything goes well, the company expected to complete the dewatering of the mine by the end of March next. The mine has 14 levels developed, two not developed and the volume of water to pump at the beginning of the operation was estimated at 215 million US gallons. About 50 million US gallons remain to be pumped. The company has also been converting all the data from the English to metric system. As the Elder mine is a former producer, there is a substantial amount of historical data to convert into metric, but the company is making good progress. Since then, 19,519 meters of surface diamond drilling were done in 2010 and 2011 and sound results were obtained.