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Abacus Identifies Two Large Alteration Systems at Willow Porphyry Copper-Gold Property in Nevada
Oct. 30, 2017 08:52AM PST
Base Metals Investing Abacus Mining & Exploration Corporation (“Abacus” or the “Company”) (TSXV:AME) is pleased to provide an update of exploration activities on the Willow porphyry copper-gold property located 65 km southeast of Reno, near Yerington, Nevada (the “Property”). The Property is considered prospective for porphyry copper, porphyry copper-moly and epithermal gold-silver. The Willow property is subject to …
Abacus Mining & Exploration Corporation (“Abacus” or the “Company”) (TSXV:AME) is pleased to provide an update of exploration activities on the Willow porphyry copper-gold property located 65 km southeast of Reno, near Yerington, Nevada (the “Property”). The Property is considered prospective for porphyry copper, porphyry copper-moly and epithermal gold-silver. The Willow property is subject to an option agreement with Almadex Minerals Limited and its wholly-owned Nevada subsidiary, Almadex America Inc. (“Almadex”), wherein Abacus has the right to earn up to a 75% undivided ownership interest in the Property (see News Release dated February 15, 2017).
As quoted in the press release:
“The presence of strong alteration systems, as well as numerous dykes is characteristic of many porphyry systems, including those in the Yerington district,” commented Mike McInnis, Abacus’ President and CEO. “The size of these alteration systems is very encouraging as well, and presently our efforts are focused on vectoring to target areas for drilling.”
