Abacus Mining & Exploration Corp. is pleased to announce an extension to the earn-in period on the Willow porphyry copper project in the Yerington copper camp, southeast of Reno, Nevada. The Company originally optioned the Willow property from Almadex Minerals Ltd. in 2017 with an obligation to issue shares and to spend USD 3 million over five [...]
Abacus Mining & Exploration Corp. is pleased to announce that all resolutions put before the shareholders were passed at its AGM held on December 19, 2022. The directors elected to the board for the coming year are Michael McInnis, Paul G. Anderson, Thomas McKeever and Kerry Spong. John McConnell stepped down from the board at the meeting. The [...]
Abacus Mining & Exploration Corp. announces that the Company has applied to extend the exercise period of a total of 10,770,000 share purchase warrants, all of which are exercisable at $0.08 per share . The Warrants were issued pursuant to a private placement which closed December 20, 2019. The Company proposes to extend the expiry date for all [...]
Abacus Mining & Exploration Corp. is pleased to provide drill results from the 2021 program on the Willow porphyry copper project in the Yerington copper camp, southeast of Reno, Nevada. The Company drilled three holes totaling approximately 1700 metres on Willow in 2021 . All holes intersected the Luhr Hill granite, which is the host rock of the [...]
Abacus Mining & Exploration Corp. is pleased to announce that the Board of Directors has approved the grant of stock options to directors, officers, employees and consultants of the Company allowing for the acquisition of up to, in the aggregate, 3,050,000 shares of the Company. The grant is a result of the Company's annual compensation review and [...]
Abacus Mining & Exploration Corp. is pleased to announce the closing of the second and final tranche of its non-brokered private placement of units , as announced on February 23, 2022, February 28, 2022, March 2, 2022 and March 10, 2022. Pursuant to the final tranche of the Private Placement, the Company raised total gross proceed of $60,000, and [...]
Abacus Mining & Exploration Corp. is pleased to announce the closing of the first tranche of its non-brokered private placement of units , as announced on February 23, 2022, February 28, 2022 and March 2, 2022. Pursuant to the first tranche of the Private Placement, the Company raised total gross proceed of $700,000, and issued 11,666,667 units at [...]
Further to its news releases dated February 23, 2022 and February 28, 2022, Abacus Mining & Exploration Corp. is pleased to announce an increase to the non-brokered private placement , now for proceeds of up to $750,000 through the issuance of up to 12,500,000 units at a price of $0.06 per Unit. Each Unit will consist of one common share of the [...]
Further to its news release dated February 23, 2022, Abacus Mining & Exploration Corp. is pleased to announce an increase to the non-brokered private placement , now for proceeds of up to $700,000 through the issuance of up to 11,666,666 units at a price of $0.06 per Unit. Each Unit will consist of one common share of the Company and one half of [...]
Abacus Mining & Exploration Corp. is pleased to announce a non-brokered private placement for proceeds of up to $500,000 through the issuance of up to 8,333,333 units at a price of $0.06 per Unit. Each Unit will consist of one common share of the Company and one half of one non-transferable common share purchase warrant, with each warrant [...]
Abacus Mining & Exploration Corp. wishes to provide an update on the Willow porphyry copper project in the Yerington copper camp, southeast of Reno, Nevada. The Company drilled three holes totaling approximately 1700 metres on Willow last year. All holes intersected the Luhr Hill granite porphyry, which is the host rock of the four known porphyry [...]
Abacus Mining & Exploration Corp. wishes to provide an update on the Ajax copper-gold project, located near Kamloops, British Columbia. The Company meets regularly with its partner on the project, base metal major KGHM Polska Miedź S.A. In a recent meeting, we were pleased to learn that KGHM plans to devote more attention to the project, including continued engagement with First Nations. Abacus holds a 20% interest in the project, carried through production with KGHM holding the remainder. "I am pleased that the Ajax project remains a priority for our partner and that they continue to engage about the project with First Nations" commented Paul G. Anderson, President and CEO of Abacus. "With copper and gold prices near all-time highs we would be happy to see this project a... [...]
