KGHM Polska Miedź

Globex Completes Geophysical Survey on Tyrone Property

Retrieved on: 
Thursday, May 4, 2023

Azimut describes their flanking property (the Kukamas property) as follows ( see Azimut’s press release of December 8, 2022 ):

Key Points: 
  • Azimut describes their flanking property (the Kukamas property) as follows ( see Azimut’s press release of December 8, 2022 ):
    The Kukamas Property covers a 41-kilometre cumulative strike length along a highly prospective greenstone belt (the Yasinski Group) within the La Grande Subprovince of the Archean Superior Province.
  • The geology is characterized by extensive shear zones, clastic metasediments, iron formations, and mafic to felsic metavolcanics surrounding granitic intrusions.
  • Numerous known prospects sit on or adjacent to the Property (the Globex cells).
  • The following table lists reported mineral occurrences on the Globex property including some of the previously reported precious and base-metal assays garnered from the Quebec Government Sigeom system.

Abacus Will Attend VRIC

Retrieved on: 
Monday, January 9, 2023

Vancouver, British Columbia--(Newsfile Corp. - January 9, 2023) - Abacus Mining & Exploration Corporation (TSXV: AME) ("Abacus" or the "Company") is pleased to announce that it will be attending the VRIC conference at the Vancouver Convention Center, from January 29-30, 2023, booth #412.

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - January 9, 2023) - Abacus Mining & Exploration Corporation (TSXV: AME) ("Abacus" or the "Company") is pleased to announce that it will be attending the VRIC conference at the Vancouver Convention Center, from January 29-30, 2023, booth #412.
  • Abacus holds a 20% ownership interest in the Ajax copper-gold porphyry project, located near Kamloops, British Columbia., which is managed by base metal major KGHM Polska Miedź S.A., who hold the remaining 80%.
  • Contained metal is in the order of 2.7 Bil lbs Cu, 2.6 Moz Au and 5.3 Moz Ag*.
  • Abacus is also exploring a large porphyry copper-molybdenum (Cu-Mo) project in the Yerington camp of Nevada, southeast of Reno.

Abacus Provides News on Willow Option

Retrieved on: 
Monday, January 9, 2023

Further expenditures would allow Abacus to increase their interest to 75%, whereupon a Joint Venture with Almadex would be established.

Key Points: 
  • Further expenditures would allow Abacus to increase their interest to 75%, whereupon a Joint Venture with Almadex would be established.
  • Abacus now has until December 31, 2025, to earn the initial 60% interest in Willow, for the issuance of 2,000,000 shares and for the expenditure of an additional USD 2 million.
  • All other terms of the option remain the same, and the amendment is subject to regulatory approval.
  • “I am pleased to extend the Willow option period,” commented Paul G. Anderson, President and CEO of Abacus, “as the property has an excellent potential to host a new porphyry copper-molybdenum (Cu-Mo) deposit in the Yerington camp.

Abacus Provides a Corporate Update

Retrieved on: 
Thursday, December 22, 2022

VANCOUVER, British Columbia, Dec. 22, 2022 (GLOBE NEWSWIRE) -- Abacus Mining & Exploration Corporation (“Abacus” or the “Company”) (TSXV: AME) is pleased to announce that all resolutions put before the shareholders were passed at its AGM held on December 19, 2022.

Key Points: 
  • VANCOUVER, British Columbia, Dec. 22, 2022 (GLOBE NEWSWIRE) -- Abacus Mining & Exploration Corporation (“Abacus” or the “Company”) (TSXV: AME) is pleased to announce that all resolutions put before the shareholders were passed at its AGM held on December 19, 2022.
  • The directors elected to the board for the coming year are Michael McInnis, Paul G. Anderson, Thomas McKeever and Kerry Spong.
  • The Company wishes to express its sincere appreciation to the time and effort that John devoted to the Abacus board, and regrets that his other business interests have precluded his continued involvement as a director.
  • John was first elected a director of Abacus in 2015.

NuScale Builds Upon Unparalleled Licensing Progress With Second Standard Design Approval Application Submittal

Retrieved on: 
Wednesday, January 4, 2023

“On our journey to change the power that changes the world, NuScale has reached another critical regulatory milestone with the NRC,” said John Hopkins, President and Chief Executive Officer of NuScale Power.

Key Points: 
  • “On our journey to change the power that changes the world, NuScale has reached another critical regulatory milestone with the NRC,” said John Hopkins, President and Chief Executive Officer of NuScale Power.
  • Due to the higher power output, NuScale decided to seek approval of a six module, VOYGR-6 design, instead of the 12-module configuration that was in the previously approved design.
  • The design remains the only SMR design application to be submitted to and approved by the NRC, marking a significant milestone for NuScale and the entire energy industry.
  • That approval has set the stage for an efficient and effective review of the second SDA application, with NuScale establishing alignment with the NRC through a robust pre-application engagement and readiness review process.

Abacus Announces Warrant Extension

Retrieved on: 
Friday, December 2, 2022

VANCOUVER, British Columbia, Dec. 02, 2022 (GLOBE NEWSWIRE) -- Abacus Mining & Exploration Corporation (Abacus or the Company) (TSXV: AME) announces that the Company has applied to extend the exercise period of a total of 10,770,000 share purchase warrants, all of which are exercisable at $0.08 per share (collectively, the "Warrants").

Key Points: 
  • VANCOUVER, British Columbia, Dec. 02, 2022 (GLOBE NEWSWIRE) -- Abacus Mining & Exploration Corporation (Abacus or the Company) (TSXV: AME) announces that the Company has applied to extend the exercise period of a total of 10,770,000 share purchase warrants, all of which are exercisable at $0.08 per share (collectively, the "Warrants").
  • The Warrant extension is subject to acceptance by the TSX Venture Exchange.
  • For the latest reports and information on Abacus projects, please refer to the Companys website at www.amemining.com.
  • All statements in this release, other than statements of historical facts, that address events or developments that Abacus expects to occur, are forward-looking statements.

NuScale Power and KGHM Sign Task Order to Initiate the Deployment of First Small Modular Reactor in Poland

Retrieved on: 
Monday, September 12, 2022

This task order also sets the stage for the subsequent tasks in the EWA as proposed by NuScale to KGHM.

Key Points: 
  • This task order also sets the stage for the subsequent tasks in the EWA as proposed by NuScale to KGHM.
  • This agreement marks a significant milestone in NuScale and KGHMs partnership history, making KGHM and Poland leaders in the race to rapidly decrease emissions worldwide, said John Hopkins, NuScale Power President and Chief Executive Officer.
  • NuScale Power (NYSE: SMR) is poised to meet the diverse energy needs of customers across the world.
  • The groundbreaking NuScale Power Module (NPM), a small, safe pressurized water reactor, can generate 77 megawatts of electricity (MWe) and can be scaled to meet customer needs.

Abacus Will Attend VRIC

Retrieved on: 
Tuesday, May 10, 2022

Vancouver, British Columbia--(Newsfile Corp. - May 10, 2022) - Abacus Mining & Exploration Corporation (TSXV: AME) ("Abacus" or the "Company") is pleased to announce that it will be attending the VRIC conference at the Vancouver Convention Center, from May 18-19, 2022, booth #129.

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - May 10, 2022) - Abacus Mining & Exploration Corporation (TSXV: AME) ("Abacus" or the "Company") is pleased to announce that it will be attending the VRIC conference at the Vancouver Convention Center, from May 18-19, 2022, booth #129.
  • Abacus holds a 20% ownership interest in the Ajax copper-gold porphyry project, located near Kamloops, British Columbia., which is managed by base metal major KGHM Polska Mied S.A., who hold the remaining 80%.
  • Contained metal is in the order of 2.7 Bil lbs Cu, 2.6 Moz Au and 5.3 Moz Ag*.
  • Abacus is also exploring a significant porphyry Cu-Mo project in the Yerington camp of Nevada.

Abacus Provides Willow Drill Results

Retrieved on: 
Wednesday, April 20, 2022

I am pleased with the Willow drill results to date, commented Paul G. Anderson, President and CEO of Abacus.

Key Points: 
  • I am pleased with the Willow drill results to date, commented Paul G. Anderson, President and CEO of Abacus.
  • The Company continues to believe that a porphyry copper center with better mineralization exists on Willow.
  • The Company analyses all drill holes for a large suite of geochemical elements, which provides a great deal of data to vector into further drilling.
  • Abacus has the right to earn a 75% ownership interest in the Willow property from Almadex America Inc, a wholly owned subsidiary of Almadex Minerals Ltd.

Abacus Announces Grant of Stock Options

Retrieved on: 
Monday, March 28, 2022

VANCOUVER, British Columbia, March 28, 2022 (GLOBE NEWSWIRE) -- Abacus Mining & Exploration Corporation (Abacus or the Company) (TSXV:AME) is pleased to announce that the Board of Directors has approved the grant of stock options to directors, officers, employees and consultants of the Company allowing for the acquisition of up to, in the aggregate, 3,050,000 shares of the Company.

Key Points: 
  • VANCOUVER, British Columbia, March 28, 2022 (GLOBE NEWSWIRE) -- Abacus Mining & Exploration Corporation (Abacus or the Company) (TSXV:AME) is pleased to announce that the Board of Directors has approved the grant of stock options to directors, officers, employees and consultants of the Company allowing for the acquisition of up to, in the aggregate, 3,050,000 shares of the Company.
  • The grant is a result of the Companys annual compensation review and the issuance is made under the Companys approved stock option plan.
  • The options are exercisable at a price of $0.07 per share for a period of five years from the date of grant and are subject to regulatory policies.
  • All statements in this release, other than statements of historical facts, that address events or developments that Abacus expects to occur, are forward-looking statements.