Aben Provides Shareholder Update on 2018 Exploration Season in the Golden Triangle, BC
July 05 2018 - 7:00AM
VANCOUVER, British Columbia,
July 05, 2018 (GLOBE NEWSWIRE) -- 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 Begins
Publisher: Streetwise Reports
Author: Streetwise Reports
http://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 Fire
Publisher: Ahead of the Herd
Author: Rick Mills
http://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
Triangle
Publisher: Streetwise Reports
Author: Bob Moriarty of 321 Gold
https://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. PETTIT
President & CEO
For further information contact
myself or:
Don Myers
Aben Resources Ltd.
Director, Corporate Communications
Telephone: 604-639-3851
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 at www.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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