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 Georgeboy11on Nov 27, 2011 6:05pm

160 Views

Post# 19270282

RE: While we wait, Facts on Record ...

Gold buyer, your comment:
The Recipients = The Kamloopsians, Polish KGHM, Ajax / Abacus, and of course, we investor's .

You forgot to add that v.DCY's Galaxy property will be a favourable receipient here as well for the Ajax mine!

Me thinks that once the AFton mine gets going in 2012 then you'll see the Cdn gov't expedite the feasiblity study quickly. So, I don't see Ajax getting any fed approval till afterwards....looking at Sept./Oct 2012, my friends!!

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