Exploration & Processing - Winter 2010 - (Page 55)
ABACUS MINING & EXPLORATION CORP . Abacus Mining & Exploration Corp. purchased the Ajax mine in 2005, and the company says it has high hopes for the site to produce copper and gold. ABACUS MINING & EXPLORATION CORP. IS CONFIDENT ITS AJAX COPPER AND GOLD MINE WILL PRODUCE SIGNIFICANT YIELDS. GOLDEN OPPORTUNITY WINTER 2010 fter spending more than $50 million on project exploration, Abacus Mining & Exploration Corp. has amassed a number of advanced-stage projects in the Afton Mining Camp near Kamloops, British Columbia. The company says it is competitive because it owns extensive existing mining infrastructure – such as buildings, tailings storage, water rights and related permits – and has prime access to projects with nearby highways, rail and power. Additionally, the company says, its staff is comprised of industry professionals with experience in exploration, production and capital markets. All of this, the company says, combines to make Abacus a strong investment. “We have advanced-stage copper and gold exploration targets with near-term production potential,” the company says. “We offer risk capital investors the opportunity to participate in a progressive company with a clear vision to develop its properties.” In 2005, Abacus purchased the Ajax mine from Teck-Cominco, which was the last active operator for the Afton-Ajax district. Abacus is an exploration and development company that holds a 100 percent interest in five significant mineral properties in the Afton-Ajax Camp. COMPANY PROFILE Abacus Mining & Exploration Corp. www.amemining.com HQ: Vancouver, British Columbia Products: Copper and gold Doug Fulcher, CEO and president: “In addition to the quality resource, the location of this project and existing infrastructure gives it a tremendous advantage.” EXPLORATION-PROCESSING.COM | 55
Table of Contents for the Digital Edition of Exploration & Processing - Winter 2010
Exploration & Processing - Winter 2009
Preparing for an Economic Upturn
Emergency Preparedness Case Study
quasar energy group
The Crossing Co.
Discovery Drilling Contractors
Mantra Venture Group
Alaska Clean Seas
Platinum Group Metals Ltd.
TG Engineering Inc.
Abacus Mining & Exploration Corp.
Advanced Rig Services
Bell Industries Inc.
Canrig Drilling Technologies Ltd.
Equipment Maintenance Services
Galloway Oilfield Construction Ltd.
Latex Construction Co.
PC Gold Inc.
Processes Unlimited International Inc.
Global Industries Ltd.
Herman Oil Co.
Juhl Wind Inc.
MWD Services LLC
Nevada Geothermal Power Inc.
Oski Energy LLC
Powertech Uranium Corp.
Avanti Mining Inc.
BlackBrush Oil & Gas – Texstar Midstream
The Coeur d’Alenes Co.
Vibration Technology Inc.
Exploration & Processing - Winter 2010