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 muffler67on Jan 18, 2015 10:21pm

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Post# 23333784

RE:RE:Aboriginal Question

GoldBuyer Thank you. I appreciate the well written words of the KGHM staff. However, what would the local First Nations say? What is their right to claim on this territory, and are they being consulted and accommodated correctly? I am not certain that the First Nations (2 bands) are feeling as positive about this project as the proponent is? KGHM has to have Aboriginal buy-in, and I do not believe they have it at this point? I would be interested in reading at least a MOU, or an agreement in principal? I do not think these types of agreements exist yet?

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