Aben Provides Shareholder Update on 2018 Exploration Season in the Golden Triangle, BC
July 05 2018 - 7:00AM
Aben Resources Ltd. (TSX-V:ABN) (OTCQB:ABNAF)
(Frankfurt:E2L2) (the “Company”) is pleased to provide an
exploration update to its shareholders. The 2018 exploration season
in the Golden Triangle is well underway with
Aben
Resources, nearby
GT Gold (TSX-V:GTT) and
adjacent project -
Garibaldi Resources (TSX-V:GGI)
- having commenced their respective drilling
campaigns over recent weeks. Aben Resources management wishes to
summarize to investors the Company’s recent activity as well as
highlight recent media coverage related to Aben’s 2018 Golden
Triangle Exploration Program.
2018 Drill Program-to-Date:
Field-crews were mobilized in May and
construction of camp facilities, core shacks, and drill pad were
undertaken. Weather conditions were favourable, and mobilization of
the drill commenced upon completion of the drill pads. Recently, in
late June, Aben announced that the drill was turning at the
Boundary North Zone discovery and drilling is now underway with
initial results expected to be announced later in July. The
program underway will encompass 5000-metres of diamond drilling
program in approximately 18 holes with the potential for program
expansion.
The initial focus for the drill program is
expanding the high-grade precious metal mineralization discovered
in 2017 at the Boundary North Zone, located near the center of the
Forrest Kerr Property. Three separate drill holes, collared from
the same drill pad, pierced a near-surface high-grade zone of
gold-silver-copper mineralization, in addition to broad intercepts
containing gold bearing quartz veins. Select results from those
holes include 6.7 grams per tonne (g/T) Au, 6.4 g/T Ag and 0.9% Cu
over 10 metres, including 18.9 g/T Au, 16.6 g/T Ag and 2.2% Cu over
3.0 metres in hole FK17-04 which contributed to an average grade of
0.26 g/T Au over 387 metres. Hole FK17-05 returned 21.5 g/T
Au, 28.5 g/T Ag and 3.1% Cu over 6 metres from the
same zone at a slightly greater depth.
Recent Media Coverage:
Streetwise Reports - All Eyes on the Golden
Triangle as Summer Drill Season BeginsPublisher: Streetwise
ReportsAuthor: Streetwise
Reportshttp://www.streetwisereports.com/article/2018/06/28/all-eyes-on-the-golden-triangle-as-summer-drill-season-begins.html
Rick Mills Ahead of the Herd - Aben's Boots
Hammers Smoke and FirePublisher: Ahead of the HerdAuthor: Rick
Millshttp://aheadoftheherd.com/Newsletter/2018/Abens-boots-hammers-smoke-and-fire.pdf
Bob Moriarty of 321 Gold - Aben Looks for an
Instant Replay of 2017 in the Golden TrianglePublisher: Streetwise
ReportsAuthor: Bob Moriarty of 321
Goldhttps://www.streetwisereports.com/article/2018/06/19/aben-looks-for-an-instant-replay-of-2017-in-the-golden-triangle.html
About Aben Resources:
Aben Resources is a Canadian gold exploration
company developing projects in British Columbia’s Golden Triangle,
the Yukon and Saskatchewan.
Aben Resources has approx. 81.1 million shares
issued and outstanding with approx. $3.1 million in its
treasury.
For further information on Aben Resources Ltd.
(TSX-V:ABN), visit our Company’s web site at
www.abenresources.com.
ABEN RESOURCES LTD.
“Jim
Pettit” ____________________________JAMES G.
PETTITPresident & CEO
For further information contact myself or:Don
MyersAben Resources Ltd. Director, Corporate
CommunicationsTelephone: 604-639-3851Toll Free:
800-567-8181Facsimile: 604-687-3119Email:
info@abenresources.com
Neither TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in the policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
This release includes certain statements that
may be deemed to be "forward-looking statements". All statements in
this release, other than statements of historical facts, that
address events or developments that management of the Company
expects, are forward-looking statements. Although management
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 or
developments may differ materially from those in the
forward-looking statements. The Company undertakes no obligation to
update these forward-looking statements if management's beliefs,
estimates or opinions, or other factors, should change. Factors
that could cause actual results to differ materially from those in
forward-looking statements, include market prices, exploration and
development successes, continued availability of capital and
financing, and general economic, market or business conditions.
Please see the public filings of the Company at www.sedar.com for
further information.
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