Abacus expands Afton copper and gold

Vancouver – Halfway through its Phase 2 drill program on the Kamloops-area Afton copper-gold project in south-central British Columbia, Abacus Mining and Exploration (AME-V) continues to cut significant widths of copper-gold mineralization.

The company is testing continuity of copper and gold mineralization at the north end of its property, along a 5-km structural corridor that encompasses the DM, Audra and Crescent zones.

Drilling along the western margin of the Audra zone encountered mineralization very similar to that in the adjacent DM zone, suggesting the two may be part of the same system. Hole R-04-017 intersected a broad breccia zone that returned 98 metres (from 168 metres) grading 0.45% copper and 0.6 grams gold per tonne, including a higher-grade section of 33 metres of 0.68% copper and 0.8 grams gold.

Abacus is examining the open-pit potential within a 2.5-km section of the DM-Audra-Crescent trend. The area lies just east of DRC Resources’ (DRC-T) Afton Pit where that company is planning underground development of 68.7 million tonnes of measured and indicated resource grading 1.68% copper equivalent.

Copper mineralization in the DM-Audra-Crescent zones occurs as disseminations and in fractures within the breccia zones. Additionally, zones of gold enrichment have been encountered in the core and appear related to a series of northerly trending faults.

The company has completed about half of its planned 15,000-metre drill program on the project.

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