Abacus Mining & Exploration Corporation provided an update on the Ajax copper-gold project, located near Kamloops, British Columbia. The company meets regularly with its partner on the project, base metal major KGHM Polska Miedz S.A. In a recent meeting, to learn that KGHM plans to devote more attention to the project, including continued engagement with First Nations. Abacus holds a 20% interest in the project, carried through production with KGHM holding the remainder.

The Ajax Project contains significant remaining quantities of copper and gold, within a NI 43-101 Proven and Probable Mineral Reserve of 426 Mt at 0.29% Cu, 0.19 g/t Au and 0.39 g/t Ag. Contained metal is in the order of 2.7 billion lbs Cu, 2.6 million oz Au and 5.3 million oz Ag.