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Abacus Mining & Exploration Corp.


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Overview

The potential for expansion of known zones of mineralization and discovery of new areas in the Ajax camp is significant. A major program of delineation and infill diamond drilling of was completed between July and December of 2010 with up to five drills to upgrade a portion of the near-surface copper-gold mineralization in the existing NI 43-101 compliant inferred resource. The program confirmed key aspects of the understanding of the Ajax deposit, further increasing confidence in the geological and economic models.
  • Comprises three main areas - Ajax, Rainbow, and DM
  • Approximately 8,000 hectares of prospective ground
  • Area of proven production

    • Afton pit (22.1 million tonnes grading 0.91% copper and 0.69 g/t gold)
    • Crescent and Pothook pits (1.23 million tonnes grading 0.46% copper and 0.21 g/t gold)
    • Ajax (13,308,811 tonnes grading 0.0.42% copper and 0.29 g/t gold)
  • Current 43-101 compliant resources on all three zones
  • Excellent year round access to all projects


 

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