Abacus Mining & Exploration Corporation

0.05

Canada & British Columbia Vancouver

800 West Pender Street, Suite 615

+1 604 682-0301

www.amemining.com

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Company Resources

Project : Ajax
Deposit : Ajax
Date : Jan 13, 2016
Report Code : NI43-101 Report Type: Feasibility Study
Download: View this Report
Commodities : Copper-Gold-Silver
Report Details: JV - Feasibility study results incl. pre-tax NPV (8%) of $429.4M, IRR of 13.4%, 6.5yr payback
Resources: (Reserve, P+P): 426Mt @ 0.29% Cu, 0.19g/t Au, 0.39g/t Ag
CP/QP: [Resources]: Christopher J. Wild (Internal)

Company Press Releases

Abacus Announces $500,000 Financing

VANCOUVER, British Columbia, Oct. 29, 2019 (GLOBE NEWSWIRE) -- Abacus Mining & Exploration Corporation (“Abacus” or the “Company”) (TSXV: AME) is pleased to announce a non-brokered private placement for proceeds of up to $500,000 through the issuance of 10,000,000 units ("Units") at a price of $0.05 per Unit.  Each Unit will consist of one common share of the Company and one full non-transferable common share purchase warrant, with each warrant exercisable to purchase one common share of the Company at a price of $0.08 per common share f...

Abacus Adds Claims at New Nevada Gold Project

VANCOUVER, British Columbia, Oct. 24, 2019 (GLOBE NEWSWIRE) -- Abacus Mining & Exploration Corporation (“Abacus” or the “Company”) (TSXV:AME) is pleased to announce that it has acquired new claims by staking open ground adjacent to its newly acquired Jersey Valley gold property along the Battle Mountain trend of Nevada. The Company has staked 21 new claims to add to the original 11 claims that comprised the core Jersey Valley property. The property is now approximately 265 hectares in size, and it covers an area of 2.4 km by 1 to 1.4 km. The addition...

Abacus Acquires New Nevada Gold Project

VANCOUVER, British Columbia, Oct. 21, 2019 (GLOBE NEWSWIRE) -- Abacus Mining & Exploration Corporation (“Abacus” or the “Company”) (TSXV:AME) is pleased to announce that it has acquired a new gold project in Nevada. The Company has signed a letter of intent with a private Nevada company that provides a 15-year lease with annual option payments and the right to purchase the entire property at any time. The aggregate option payments for the first three years total USD 85,000 with no work commitments. The Jersey Valley property is within the Battle Mou...

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