Abacus Mining and Exploration Corp V.AME

Alternate Symbol(s): ABCFF

Metals & Mining Industrial Metals & Minerals

Abacus Mining & Exploration Corporation is a Canada-based mineral exploration and mine development company focused on copper and gold in British Columbia (B.C.) and Nevada. The Company’s main asset is a 20% ownership interest, together with KGHM Polska Miedz S.A. (80%), in the proposed copper-gold Ajax Mine located southwest of Kamloops, B.C., which has undergone a joint provincial and federal environmental assessment process. The Ajax Project comprises eight Crown grants, including the Ajax East and West pits. The Company is also engaged in the process of acquiring a 100% interest in the Willow copper-gold property located near Yerington, Nevada, and it also controls the contiguous Nev-Lorraine claims subject to a ten-year lease agreement. The Willow property is located approximately 65 kilometers southeast of Reno and approximately 13-kilometer due west of Yerington, Nevada, in the Buckskin Mountain Range. Its porphyry copper deposits are Yerington, Ann Mason, Bear and MacArthur.

TSXV:AME - Post by User

Abacus Mining and Exploration Corp

Bullboard Posts

Post by goldbuyeron May 28, 2014 11:37am

218 Views

Post# 22605413

Here's venturing an opinion on Thursday

I'll venture a guess " only " from what I am reading.

A possible significant reconfiguration of the mine regarding the relocating of the tailings pile location is possible (a positive - if so?) and possibly another announcement and confirmation of further discoveries. (if so ? another positive)

If there's an extension of the mines longevity, this could imply that's there's more jobs to be required to extend the Ajax mines scope and size. If that happens and these are local jobs promised, that's another positive.

Possibly there will be further announcements regarding the spirit of co-operation with the local First Nations. (if so - that's another positive)

Again - just venturing a few possibles ? Nothing in concrete. We will all know the details by tomorrow.

GoldBuyer

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