Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

Post by Georgeboy11on Jan 14, 2012 12:22pm
231 Views
Post# 19404126

Jusy why is DCY important to AME and NEW GOLD:

Jusy why is DCY important to AME and NEW GOLD:

The Galaxy property is located near Kamloops, British Columbia, 7 kilometres southeast of

the past-producing Afton Mine and 4 kilometres northwest of the former Ajax Mine. There is

good access to the property and good local infrastructure. It is a relatively small property,

comprised of two crown granted mineral claims and seven 2-post mineral claims that cover an

area of approximately 90 hectares. The claims are 100% owned by Discovery-Corp

Enterprises Inc. Discovery’s claims are entirely surrounded by mineral claims held by others

(primarily Abacus Mining and Exploration Inc. and NewGold Inc.) that are being actively

explored.

The property is well situated within the Iron Mask batholith, occurring along the favourable

Iron Mask-Galaxy structural corridor, and hosts a fault-bounded zone of near-surface coppergold

alkalic porphyry-style mineralization, known as the Galaxy zone. Considerable drilling

has been done at the Galaxy zone since the early 1960’s and several historical resource

estimates have been prepared based on this drilling.

Bullboard Posts