Abacus Mining & Exploration Corp. (TSX VENTURE: AME) advises that Senior Management will be holding a conference call on Tuesday, May 4, 2010 at 8:30 a.m. pacific time (11:30 a.m. eastern) in connection with the Company's upcoming press release. A live audio webcast and presentation will be accessible from Abacus' website at www.amemining.com at that time.

Conference Call Details

Participant Dial-In Numbers: (Please call 5 to 10 minutes before the start)

North American toll-free 1-866-226-1793

Other 416-340-2218

Replay Number: (available for 2 weeks):

North American toll-free 1- 800-408-3053 Pass Code 3553131

Other 416-695-5800

Webcast

A live webcast link and presentation will be available from the Company's website at www.amemining.com.

Forward-Looking Information

This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address events or developments that Abacus Mining and Exploration Corp. (the "Company") expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. The Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.

Contacts: Abacus Mining & Exploration Corp. Donna Yoshimatsu Director of Investor Relations 604-682-0301 604.682.0307 (FAX) dyoshimatsu@amemining.com Abacus Mining & Exploration Corp. Tim Mikula Investor Relations 866-834-0301 tmikula@amemining.com www.amemining.com

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