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copper investing

Abacus Announces New Copper Acquisition in Nevada

Priscila Barrera
Feb. 07, 2018 09:14AM PST
Base Metals Investing

Abacus Mining & Exploration Corporation (“Abacus” or the “Company”) (TSXV:AME) is pleased to announce an agreement to acquire a new copper property adjacent to its Willow porphyry copper-gold project located near Yerington, Nevada. The new property is known as the Nev-Lorraine claims, which are contiguous with and wrap around the far southeast corner of Willow. …

Abacus Mining & Exploration Corporation (“Abacus” or the “Company”) (TSXV:AME) is pleased to announce an agreement to acquire a new copper property adjacent to its Willow porphyry copper-gold project located near Yerington, Nevada. The new property is known as the Nev-Lorraine claims, which are contiguous with and wrap around the far southeast corner of Willow. Both Willow and Nev-Lorraine adjoin Mason Resources’ Ann Mason property to the east.

As quoted in the press release:

“It became evident during our 2017 program that the Nev-Lorraine claims could nicely complement the Willow property, as geological mapping showed that the main alteration zone appeared to extend from Willow onto these claims”, commented Paul G. Anderson, President of Abacus. “We then approached the vendors of Nev-Lorraine to negotiate the terms of a lease agreement. The vendors are descendants of one of two partners who staked the ground in the early 1960’s, and so the family is keen to see the property advanced”.

Click here for the full text release

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