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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

Post by goldbuyeron Jan 31, 2012 2:01pm
387 Views
Post# 19470353

More Pertinent Info. 12 Page Brochure

More Pertinent Info. 12 Page Brochure

More pertinent info. from the 12 page brochure, in re: AME . Remember, I had posted on Jan.19th, on this bullentin board that I had confirmed that there was a pump house already built on the Kamloops Lake. That information was not made public or released at that particular point in time .

https://www.stockhouse.com/Bullboards/MessageDetail.aspx?p=0&m=30557861&l=0&r=0&s=AME&t=LIST

This fact is now officially verified by KGHM / Ajax in this recently just published 12 page brochure on the 3rd page in and in a paragraph on the bottom, as follows" In a current Ajax project plan water will be pumped from Kamloops Lake for use in the mining process. However, the mine will only use 0.2 % of the Kamloops Lake water flow. " That's confirmation, I believe and it's important to know .

For poster mario249, and thanks, this is what the 12 page brochure states on it's back inside cover as pertains to your post, " if the project is approved, it would generate 580 construction jobs, 380 full time jobs during operations, plus significant tax revenue, royalties and benefits for governments, local communities and First Nations, including the Tk'emlups and Skeetchestn Indian Bands .

I agree mario249, and this is all good news, imho . Being as this brochure is going out to everyone in Kamloops, I believe that KGHM / Ajax has done an excellent job in addressing any concerns on all the relevant points, in it's answers given. Top notch, imho .

Best Regards : GoldBuyer

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