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

Bullboard Posts

Comment by goldbuyeron Apr 09, 2016 12:54pm

70 Views

Post# 24748149

RE:KTW April 9

That is 100% correct. Project Manager Clyde Gillespie makes those financial decisions as head of the KGHM Ajax Mine project. He has instead offered up a more effecient method to contribute to the community benefits in Kamloops, eliminating the mayor and coucilors.

He has in essence, publicly reminded mayor and councilors - who's in charge of this project when it comes to the business of dispensing charitable donations to the Kamloops community, and to whom and to where it goes.

That's his job. Looks like Clyde Gillespie is very good at what he is doing.

GB

Bullboard Posts

Dollar Tree CEO Rick Dreiling steps down as discount retailer struggles