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Abacus Mining & Exploration (TSXV: ABCFF) provided a 2025 corporate update detailing its two core porphyry copper holdings and recent activity.
Ajax: Abacus holds a 20% carried interest in the Ajax joint venture with KGHM. Ajax has a NI 43-101 Proven & Probable reserve of 426 Mt @ 0.29% Cu, 0.19 g/t Au (approx. 2.7B lbs Cu, 2.6M oz Au). The 2016 Feasibility Study modeled 65,000 tpd over 18 years. A 2017 joint provincial/federal environmental assessment certificate was declined.
Willow (Yerington, NV): Abacus fully acquired Willow in 2024, holds a lease on Nev-Lorraine, and reported a new fifth Cu-Mo porphyry discovery requiring further drilling.
