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Abacus Mining and Exploration Corp V.AME

Alternate Symbol(s):  ABCFF

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

Comment by nofluffon May 29, 2024 4:27pm
79 Views
Post# 36063047

RE:NEW AFTON vs AJAX

RE:NEW AFTON vs AJAXWell wang. U did a lot of work. Ajax ranch does own land inside city limits. However, there last plan, moved all infrastructure outside and the core pits sit outside. You are correct in your thinking, that pits can b expanded. With high copper prices, very doable. But silly to worry about that with 20 year mine plan on existing resource. 

As for going UG on a porphory, just not feasible. I am not sure where u got your ng grade data from. But for sure much higher than your number.

Your enthusiasm is admirable. But your knowledge of what u speak is very suspect.

Nf


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