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

Bullboard Posts

Comment by btshooteron Nov 23, 2005 8:31pm

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Post# 9901796

RE: Please Comment ... Why AME activity ???

maybe turks are your guide, but not mine. your previous prediction on tonnage & grade; didn’t make the grade! Posted By: rondun5 Post Time: 1/1/2005 16:39 Why sell?My calculations show that the market is giving no value at all for Niblack and damn little for what I think will be found at Afton.I think a resource calculation on the DM-Audra will show north of 40 million tons of close to .4 -.5% Cu equiv.(plenty for open pit with a low stripping ratio).There's also a 95 million ton historic resource of .4-.5% at Ajax, and probably 40-50 million tons of the same grade at Rainbow.All the zones are open to depth and along strike. lets see how you do at ajax.

Bullboard Posts

Advancing flagship Ishkõday Gold Project in Ontario