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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.


TSXV:AME - Post by User

Abacus Mining and Exploration Corp
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Comment by crockrockson Mar 18, 2012 6:39am
315 Views
Post# 19686396

RE: RE: RE: KGHM document 'bullish' on big investm

RE: RE: RE: KGHM document 'bullish' on big investm

"On page 28 of the presentation, it is stated that KGHM will “bring Afton-Ajax to the mining construction stage.” Two pages later, the document says the Polish firm will “intensify development activities at Afton-Ajax.”" That is all I need to know!

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