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.

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Abacus Mining and Exploration Corp

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Comment by bullsnipon Nov 20, 2011 2:21am

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Post# 19252067

RE: mayor Milobar reelected

in kamloops.He was just on the local TV station. Talked about the proposed AJAX project briefly.He is to meet with federal minister Kent on Dec.1st.HE is still fence sitting,and indicated no opinion pro. or con.until he is better informed on the environmental concerns the project presents.His leadership qualities are not strong and he will be easily swayed by whatever recommendations the Federal and Provincial governments propose. I feel we have a slightly better then 50/50 chance of seeing AJAX proceed to the next step in developing the project. JMO.

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