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 canneon Feb 09, 2017 12:30pm

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Post# 25823345

RE:RE:NGD raises $65 million

According to management, EL Morro cost NGD $7 but when all is said and done, yielded $205 million. Pretty good return in my books when you compare it to AME. I bought a little NGD at $3.60 a couple of days ago and am pretty sure it will work out better than my AME..... A lot of money has been spent on Ajax already and there sure isn't much to show for it, at least Rainy River is seeing light at the end of the tunnel.

Bullboard Posts

Gold, growth and sustainability in focus for Mandalay Resources