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 DLU87on Mar 28, 2012 1:08pm

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Post# 19728494

RE: Kamloops Nr & My Current Viewpoints

Good point Goldbuyer, and I want to add that KGHM is willing to be listed onn TSX as KGHM International. So KGHM INTL would consist of Quadra, AME and some other company, as KGHM stated they are going to do more aquisitions.They are worth on Warsaw Stock EX about 145.00PLN ( 46,00CAD). They recently did a income prognosis for 2012 to have invome of 3,5 bln PLN (little over 1bln CAD) . Over 700,000 tons od CU is their goal production per year. They are aiming for 520,000 this year.

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