Aben Resources Ltd Completes Airborne Magnetic Survey at Pringle North Project in Red Lake, Ontario
September 07 2021 - 7:00AM
Aben Resources Ltd.
(TSX-V: ABN) (OTCQB:
ABNAF)
(Frankfurt:
E2L2) (“Aben” or “the Company”)
is pleased to report that exploration in the Red Lake area has once
again resumed as the fires have abated. As a result, the airborne
magnetometer survey that Aben commissioned for its 100% owned
Pringle North Property in Red Lake, Ontario has now been completed
and detailed interpretive work is underway.
Figure 1. Regional Location
Maphttps://abenresources.com/site/assets/files/4218/regional_location.png
About Pringle North Gold
Project
The Property consists of 5 contiguous mining
claims covering approximately 1,881 hectares. The property is 60km
north of the town of Red Lake and is located 15km east of the
all-weather Nungesser Road. This area has been recently identified
by the “Ministry of Energy, Northern Development and Mines
Recommendations for Exploration 2020-2021” for its deep-seated
structural similarities that are associated with the Red Lake Gold
Camp and Great Bear Resource’s Dixie Gold Project. This deep-seated
structure (named the “E-1 Extensional Fault”) that occurs along
this trend was delineated by seismic surveys and is considered a
third deep-tapping structure that may have provided fluid pathways
for gold mineralization to the mines and recent discoveries in the
region. Age determination (by Sanborn et al, 2004) dates this
sedimentary belt and assigns it to the Balmer Assemblage which is
host to the gold mines in the Red Lake Camp.
Figure 2. Pringle North Property Location
Maphttps://abenresources.com/site/assets/files/4218/local_claim_fabric.png
Figure 3. Metal
Occurrenceshttps://abenresources.com/site/assets/files/4218/metal_occurrences.png
Figure 4. Preliminary Airborne Magnetic
Resultshttps://abenresources.com/site/assets/files/4225/untitled_design_15.png
Update on Forrest Kerr Gold
Project
The field crew has just returned from the
Forrest Kerr Project after 3 weeks of property-wide prospecting and
geological mapping. Field work was directed toward tracing out
mineralized trends outboard of the high-grade precious metal
mineralization present in the Boundary Valley, located near the
center of the 23,397-hectare property. Field reconnaissance
activities took place across the entirety of the Forrest Kerr claim
group and successfully contributed a greater understanding of the
controls on existing gold mineralization and the potential for
discovering new precious metal mineralization. The Forrest Kerr
Property hosts highly altered Mesozoic rocks that reflect a robust
and widespread hydrothermal system with proven high-grade
mineralization and real potential for more sizeable discoveries.
Forrest Kerr Gold Project, Golden
Triangle, BC claims
map:https://abenresources.com/site/assets/files/4087/abn_forrest_kerr_project_map.pdf
About Aben Resources:
Aben Resources is a Canadian gold exploration
company developing gold-focused projects in British Columbia and
the Yukon Territory. Aben is a well-funded junior exploration
company. Cornell McDowell, P.Geo., V.P. of Exploration for 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.
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:Aben Resources Ltd.Telephone:
604-416-2978Toll 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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