Base Metals

Abacus Mining & Exploration Corporation (“Abacus” or the “Company”) (TSXV:AME) is pleased to announce that it has initiated exploration on the newly-optioned Willow porphyry copper-gold property in Douglas County, Nevada, USA (the “Property”). The Property is subject to an option agreement with Almadex Minerals Limited and its wholly-owned Nevada subsidiary Almadex America Inc. (“Almadex”), which …

Abacus Mining & Exploration Corporation (“Abacus” or the “Company”) (TSXV:AME) is pleased to announce that it has initiated exploration on the newly-optioned Willow porphyry copper-gold property in Douglas County, Nevada, USA (the “Property”). The Property is subject to an option agreement with Almadex Minerals Limited and its wholly-owned Nevada subsidiary Almadex America Inc. (“Almadex”), which gives Abacus the right to earn up to a 75% undivided ownership interest in the Willow property (see News Release dated February 15, 2017). The Property is located 65 km southeast of Reno, is accessible year-round by well-maintained secondary roads, and is close to infrastructure in Yerington, Nevada.
As quoted in the press release:

The Willow property is considered prospective for porphyry Cu, porphyry Cu-Mo and for epithermal Au-Ag, as demonstrated by historical exploration and by more recent work undertaken by Almadex. The Property was previously explored in the 1960s to the early 1980s to identify a porphyry copper deposit analogous to the nearby Yerington Mine, which produced approximately 1.6 billion pounds of copper for Anaconda Copper from 1952 to 1978.

Click here for the full text release

Featured

MARKETS

Markets
TSX20099.81+400.76
TSXV696.65+29.40
DOW32196.66+466.36
S&P 5004023.89+93.81
NASD11805.00+434.04
ASX7075.10+134.10

COMMODITIES

Commodities
Gold1804.64-7.66
Silver21.15-0.06
Copper4.180.00
Palladium1935.00-10.00
Platinum941.00-5.00
Oil109.51-0.98
Heating Oil3.71-0.05
Natural Gas7.78+0.12

DOWNLOAD FREE REPORTS

×