Aben Commences Exploration Activity at Forrest Kerr Gold Project in B.C.'s Golden Triangle
September 07 2016 - 7:00AM
VANCOUVER, British Columbia, Sept.
07, 2016 (GLOBE NEWSWIRE) -- Aben
Resources Ltd. (TSX-V:ABN) (OTCBB:ABNAF)
(Frankfurt:E2L2) ("Aben" or the "Company") is pleased to announce
the commencement of exploration activity on Aben's 100% owned
23,000 hectare Forrest Kerr Property located within B.C.'s Golden
Triangle region (see ABN news release July 18th). The Golden
Triangle is host to significant mineral deposits including Galore
Creek, Copper Canyon, Schaft Creek, Valley of the Kings, Snowfield,
KSM, Snip, Granduc, Red-Chris and numerous others.
2016 fieldwork is intended to provide
reconnaissance-scale geological exploration throughout the project
area (which spans approximately 40km north/south), with particular
emphasis on the area straddling the newly-constructed Galore Creek
access road. Fieldwork follows extensive research and data
compilation completed by Aben since acquiring the project.
The objective of the current program
is to provide confirmation of existing high-grade mineral
occurrences, soil and geophysical anomalies, geological and
structural relationships. In addition, prospecting and geological
mapping will be completed to further identify and confirm target
areas for follow-up drilling campaigns. Permitting for future
drilling is currently underway.
B.C.'s Golden Triangle
map:
http://www.abenresources.com/i/maps/ABN_Golden_Triangle_map.jpg
Aben's Forrest Kerr land package is
located along the Forrest Kerr Fault, immediately north of the
Iskut River and southward of More Creek, with recent hydro-electric
power and road access afforded to the northern and southern areas
of the property. The claims consist of a 40km-long, north-south
belt overlying rocks of the Hazelton and Stuhini Groups, a complex
assemblage of volcanic accumulations with intervening sedimentary
sequences which are host to numerous significant gold deposits in
B.C.'s Golden Triangle area.
Forrest Kerr project, B.C., Golden
Triangle claims map:
http://www.abenresources.com/i/maps/ABN_Forrest_Kerr_Project_map_small.jpg
The Forrest Kerr Gold Project is
located in the heart of the Golden Triangle of British Columbia and
is considered to hold significant potential for precious metal
mineralization. Numerous mineralized occurrences are documented
throughout the project area and sound, systematic fieldwork
conducted from the late 1980's to the mid 2000's provide a solid
framework for ongoing fieldwork. With little activity in the area
during the past decade, the area is ripe for modern exploration
techniques. The area has recently seen major infrastructure
improvements, including roads and hydro-electric facilities. In
addition, rapid melting rates of glaciers in parts of the property
area are expected to provide new exposures in areas that were
inaccessible during previous exploration campaigns.
Cornell McDowell, P.Geo., V.P. of
Exploration of Aben Resources, has reviewed and approved the
technical aspects of this news release and is the Qualified Person
as defined by National Instrument 43-101.
About Aben
Resources:
Aben Resources is a Canadian gold
exploration company developing projects in British Columbia, the
Yukon and North West Territories.
For further information on Aben
Resources Ltd. (TSX-V:ABN), visit our Company's web site
at www.abenresources.com.
Aben Resources has approx. 19.9
million shares issued and outstanding.
ABEN RESOURCES LTD.
"Jim Pettit"
____________________________
JAMES G. PETTIT
President
For further information contact
myself or:
Don Myers
Aben Resources Ltd.
Corporate Communications
Telephone: 604-687-3376
Toll Free: 800-567-8181
Facsimile: 604-687-3119
Email: 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 atwww.sedar.com for further information.
This
announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Aben Resources Ltd via Globenewswire
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