Abacus Mining & Exploration
Welcome To Abacus Mining & Exploration : amemining.com
Abacus is a publicly traded junior mining and exploration company listed on the Canadian Venture Exchange under the symbol “AME”. The Company is actively engaged in the exploration of mineral properties in British Columbia and Alaska.
Abacus Mining & Exploration is a Vancouver based mining company publicly traded on the TSX Venture Exchange. Our corporate strategy is to focus on areas of historic production and employ modern day exploration technology and techniques to maximize a property’s potential. We are a team of industry seasoned professionals backed with expertise in mining, exploration, project management, and corporate finance that have over 130 combined years of experience.
The main focus of the company is in the redevelopment of the Afton Mining camp located in South Central British Columbia. The Afton Mining camp was acquired from Teck-Cominco and includes 3 past producing mines and numerous copper-gold occurrences in a land package of over 8000 hectares. In 2005 Abacus acquired much of the existing infrastructure from Teck-Cominco including tailings pond, mill and shop buildings, water rights and access rights. An independent engineering company valued this infrastructure at over $38 million. Abacus has now completed over 69,000 m of diamond drilling and has completed 43-101 compliant resources on the Ajax West, DM/Audra and Rainbow zones. The 2007 drill program will include over 50,000 m of drilling and will move the project towards a planned 2008 feasibility report.
