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Abacus Mining and Exploration Corp V.AME

Alternate Symbol(s):  ABCFF

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

Comment by Georgeboy11on Jan 13, 2012 10:12pm
287 Views
Post# 19403523

RE: RE: RE: AME averaging UP

RE: RE: RE: AME averaging UP

Gheets, I'm thinking here that you probably got the lead on this one from my DCY posts. Can't go wrong in this region with either NGD, DCY, or AME as they're pratcially located in the same geological belt there in Kamloops!  The one thing that concerns the AJAX mine is indeed with the natives.  Now with the AFton mine, New Gold went thru the proper channels in the community ensuring that the natives had their say @ almost every important stages of the mine.  With Ajax, even though, they are in the early stages here, need to get this process right as well, but I'm not sure just how much they've involved the natives here yet.  Me thinks that they've haven't even been consulted yet as a group, even though KGHM have held community meetings.

 

If I can quickly add here...with DCY's property near the AFton and Ajax mines, all the infrastructures are there: roads, water, etc... so, again, it'll be a no brainer for either New Gold or Abacaus to take out DCY by exit 2012!  George

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