Abacus Mining & Exploration Corp. is pleased to announce a non-brokered private placement for proceeds of up to $1,495,000 through the issuance of up to 11,500,000 units at a price of $0.13 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 its Willow and adjacent Nev-Lorraine properties in the Yerington copper camp, southeast of Reno, Nevada. The properties are collectively known as the Willow Project. The Yerington camp contains four known porphyry copper-molybdenum deposits, and all are associated with a particular [...]
Abacus Mining & Exploration Corp. is pleased to announce that Mr. Paul G. Anderson, M.Sc., P.Geo., has been appointed by the Board of Directors as CEO of the Company. Mr. Anderson has been President and COO of Abacus since November of 2017 and will be relinquishing the COO role to become President and CEO. No other changes to management are taking [...]
Abacus Mining & Exploration Corp. is pleased to announce that a diamond drilling program is about to begin at Jersey Valley, within the Battle Mountain trend of north-central Nevada. The Company has signed a contract for approximately 1100 metres of core drilling, designed to test two of the five anomalous trends identified in the Induced [...]
Abacus Mining & Exploration is pleased to announce that Dr. Adrian King has joined the Company as an advisor to management and to the Board. Adrian has recently retired as Head of Global Exploration after a 35-year career with Teck Resources Ltd. and its predecessor companies. During that time, Adrian gained global experience in exploration and [...]
Abacus Mining & Exploration Corp. wishes to provide an update to its shareholders on the Ajax copper-gold project, located near Kamloops, British Columbia. Abacus holds a 20% ownership interest in the project, which is managed by base metal major KGHM Polska Miedź S.A., who hold the remaining 80%. Abacus is pleased to report that KGHM has opened a new Kamloops office for the Ajax project within the past two weeks. This follows the appointment in September of a new Ajax Superintendent, who has begun the task of First Nation, community and governmental engagement. The Ajax Project underwent a joint provincial and federal environmental review starting in 2011, which culminated in the decision by the B.C. Minister of Environment and Climate Change Strategy and the Minister of... [...]
Abacus Mining & Exploration Corp. is pleased to announce final results from a program of ground IP geophysics at Jersey Valley, within the Battle Mountain trend of north-central Nevada. The program was successful in extending known IP targets that based on past drilling are demonstratively gold and silver bearing. A total of 44 anomalous IP target [...]
Abacus Mining & Exploration Corp. is pleased to announce that a program of ground IP geophysics has begun at its Jersey Valley gold property, within the Battle Mountain trend of north-central Nevada. The new high-resolution Time Domain Induced Polarization survey will consist of approximately twelve line-kilometres bracketing four historic lines of [...]
Abacus Mining & Exploration Corp. is pleased to announce that a program of ground IP geophysics is about to begin at its Jersey Valley gold property, within the Battle Mountain trend of north-central Nevada. The new high-resolution Time Domain Induced Polarization survey will consist of six lines of two kilometres each bracketing four historic [...]
Abacus Mining & Exploration Corp. wishes to provide an update to its shareholders on the Ajax copper-gold project, located near Kamloops, British Columbia. Abacus holds a 20% ownership interest in the project, which is managed by base metal major KGHM Polska Miedź S.A., who hold the remaining 80%. Abacus is pleased to report that KGHM has hired a new Ajax Superintendent, whose duties will initially be focused on First Nations, community and governmental engagement in order to advance the project towards a potential resubmission of the environmental application. Mr. Michal Wypych is a current resident of Kamloops, and he had prior involvement in the Ajax project. KGHM is currently looking for office space in Kamloops, in order to provide the project with an increased commu... [...]
Abacus Mining & Exploration Corp. Further to the $600,000 private placement announced by way of its news release dated July 22, 2020, Abacus is pleased to announce, due to overwhelming investor demand, a new non-brokered private placement for additional proceeds of up to $850,000 through the issuance of 5,312,500 units at a price of $0.16 per Unit [...]
