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ABACUS MINING & EXPLORATION CORP

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TSX-V:AME (CAD)  0.28 [+0.01 (+1.85%)] Nov 6 2009 - Close

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Type: Public
Classification: Track
Advanced or Above
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800 WEST PENDER STREET, SUITE 615
VANCOUVER
British Columbia
Canada, V6C 2V6
Phone: +1 (604) 682-0301
Fax: +1 (604) 682-0307
Toll Free: 1-800-811-5388
Fundamental Research Fundamental Research

Company Summary

With resources rich in copper and gold. Abacus Mining is a mineral exploration and development company with advanced-stage projects located in the prolific Afton Mining Camp near Kamloops, British Columbia.

Company News

Monday, July 13, 2009
Property: AFTON-AJAX CAMP
Abacus Mining & Exploration announced that it has signed Option to Purchase Agreements with subsidiaries of Teck Resources - Afton Operating Corporation and Surgarloaf Ranches Limited (collectively “Teck”) to acquire approximately 6,000 acres of land around our Afton Ajax deposit. Under the terms of the Option Agreements the Company will pay an aggregate of $100,000 to Teck for the options and will then have 2 years to elect to exercise the options, or have the right to extend the exercise period of the options by an additional 1 year by making further option payments to Teck of an additional $100,000. The exercise price of the options is $2,500 per acre, exercisable at any time during the two year period, less amounts paid to Teck for the options.

News Releases

Thursday, September 17, 2009
Wednesday, August 05, 2009
Monday, July 13, 2009
Friday, June 26, 2009

Mineral Properties Map

Map Legend:
ProducerProducer
Past ProducerPast Producer
DevelopmentDevelopment
ExplorationExploration
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