Abacus Mining & Exploration Corporation Forms Strategic Joint Venture

Acted for Abacus Mining & Exploration Corporation in its formation of a strategic joint venture through an investment agreement with KGHM Polska Miedź S.A. and related agreements with Korea Resources Corporation.

Acted for Abacus Mining & Exploration Corporation in its formation of a strategic joint venture through an investment agreement with KGHM Polska Miedź S.A. and related agreements with Korea Resources Corporation. The joint venture is to advance Abacus' Afton-Ajax copper-gold project located near Kamloops, British Columbia (B.C.) through a bankable feasibility study and into production.

KGHM is the world's ninth largest copper producer with annual production of over 500,000 tonnes, and the world's third largest silver producer with annual output approximating 1,100 tonnes. (2010)

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