Vancouver, British Columbia — February 17, 2026 — Leads & Copy — Dr. Adrian King has joined the Board of Directors of Abacus Mining & Exploration Corporation (TSXV: AME) effective immediately.
According to the company, King has been an advisor to the board and management since late 2020 and is familiar with Abacus.
King retired in 2020 as Head of Global Exploration after 35 years with Teck Resources, where he spent extended periods in exploration and exploration management based in London, Brussels, Santiago, Spokane and Vancouver. He held roles with increasing responsibility covering projects of all stages from generative through to evaluations, commercial and resource-reserve definition (greenfield and brownfield), working together with teams on multiple continents. He was involved in several discoveries, notably in Greenland, Turkey (Biga peninsular) and Alaska (Red Dog Camp).
King holds a B.Sc. and Ph.D. from the Royal School of Mines, Imperial College, London, UK. and has authored and co-authored several scientific papers.
Paul G. Anderson, President and CEO of Abacus, stated that King possesses a unique skillset as an exploration geologist, and that his advice has been invaluable as an advisor over the past few years.
Abacus currently has interests in two porphyry copper projects. The Ajax copper-gold Joint Venture, located near Kamloops, British Columbia is a partnership between Abacus and KGHM Polska Miedź S.A. (“KGHM”). Abacus holds a 20% interest in Ajax, carried through to production, with KGHM holding the remainder and acting as operator on the project.
The Ajax Project contains 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. The 2016 Feasibility Study used metal prices of US$3.21/lb Cu, US$1200/oz. Au, and US$17/oz. Ag.
Abacus in 2024 fully acquired the Willow porphyry copper-molybdenum (“Cu-Mo”) property in Yerington, Nevada, after working the property since 2017 under an option agreement. It also holds a lease on the contiguous Nev-Lorraine copper-molybdenum property near Yerington, Nevada. Drilling to date by the Company has identified a fifth Cu-Mo porphyry in the camp, the first new porphyry discovered in decades in Yerington.
Abacus is a mineral exploration and mine development company focused on copper and gold in B.C. and Nevada. The Company’s main asset is a 20% ownership interest, together with KGHM Polska Miedź S.A. (80%), in the proposed copper-gold Ajax Mine located southwest of Kamloops, B.C., which has undergone a joint provincial and federal environmental assessment process. On December 14, 2017, a decision was made by the B.C. Minister of Environment and Climate Change Strategy and the Minister of Energy, Mines and Petroleum Resources to decline to issue an environmental assessment certificate for the Project. KGHM continues to work to facilitate First Nation, community and governmental engagement in order to advance the project towards a potential resubmission of the environmental application.
Abacus also owns a 100% interest in the Willow copper-gold property located near Yerington, Nevada, and it controls the contiguous Nev-Lorraine claims subject to a ten-year lease agreement.
Source: Abacus Mining & Exploration Corporation
