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Afton-Ajax Copper-Gold Project

Location

Kamloops, British Columbia, Canada

Geology type

Porphyry

Mineral

Copper and gold

Resource Base (estimates)

Measured and indicated: 442mt grading 0.30% Cu and 0.19g/t Au Inferred: 80.6mt grading 0.22% Cu and 0.16g/t Au

Annual Production (estimates)

50,000t of Cu and 100,000oz of Au in concentrate approximately

Mine Method

Open-pit

Ownership

Open-pit: Abacus Mining and Exploration

Producer/Operator

Abacus Mining and Exploration

Investment Partners

Joint Venture of KGHM Polska Miedz (51%) and Abacus (49%)

Contractors

Wardrop Engineering (feasibility study), AMEC Americas (engineering services)
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