BRITISH COLUMBIA — The new 43-101 report on the Ajax copper-gold deposit belonging to Abacus Mining and Exploration of Vancouver puts measured and indicted resources at 365 million tonnes grading 0.31% Cu and 0.20 g/t Au at a copper cutoff grade of 0.20%. At the same cutoff, inferred resources are 38 million tonnes grading 0.24% Cu and 0.16 g/t Au.
The project is located in the Ajax camp near Kamloops. The estimate was based on over 160,000 metres of drilling in the Ajax West and East areas belonging to Abacus and the separate joint venture with New Gold (40%).
The next step will be preparation of a preliminary economic assessment for a 60,000-t/d operation. Learn more at www.AMEMining.com.
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