Abacus Mining & Exploration Corp.

Abacus Mining is a mineral exploration and mine development company with an interest in the historic Ajax Mining Camp at the southern extremity of the boundaries of the City of Kamloops, British Columbia. The feasibility stage Ajax Mine is being developed with and funded in large part by joint venture partner KGHM Polska Miedz S.A.

The robust feasibility study was announced in December 2011. Highlights of the study include:
  • Total proven and probable mineral reserves of 3 billion lbs Cu and 2.7 million ozs Au at 0.27% Cu and 0.17 g/t Au based on $2.50 Cu and $1,085 Au
  • 23 year mine life at a processing rate of 60,000 t/d or 21.9 million t/a at a LOM stripping ratio of 2.4:1
  • Life of mine production of 2.5 billion lbs Cu and 2.28 million ozs Au in concentrate
  • Initial capital costs of $795 million, including contingency of $87 million
Corporate Presentation

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Fact Sheet

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Mar 24, 2015
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Jul 31, 2014

Symbol: TSX-V: AME
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KGHM Ajax Mining Inc.
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Over 2,000 supporters at Ajax event on Saturday March 15th, 2014 in Kamloops, British Columbia, Canada.

According to Yves Lacasse, External Affairs Manager for KGHM International, Saturday's event was an indication of how much support there is in the community, adding that the crowd could have been twice as big with more time to organize it.

"There's an outpouring of support," he said, adding KGHM is confident it has the support of the "clear majority" of Kamloops residents.


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Jun. 6, 2013 Ajax Application Information Requirements (AIR) Approved

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