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Aben Resources Ltd.
Summary
| Project: | Forrest Kerr | |
|---|---|---|
| Deposit: | Forrest Kerr | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 8/9/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 9-8-2018: Aben Resources Ltd. announces an Exploration/Drilling Update report for its Forrest Kerr deposit at the Forrest Kerr project. Drilling results incl. 10m @ 38.7g/t Au from 114m. Vancouver, BC -- Aben Resources Ltd. (TSX-V: ABN) (OTCQB: ABNAF) (Fr | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Cornell McDowell (Internal) | |
| ABSTRACT: | Vancouver, BC -- Aben Resources Ltd. (TSX-V: ABN) (OTCQB: ABNAF) (Frankfurt: E2L2) (the “Company”) is pleased to report that assay results from the first drill hole of 2018 have been received with multiple high-grade zones and precious metal values intersected in the hole at shallow depths. Drill hole FK18-10 was collared in the North Boundary Zone of the Forrest Kerr Property in BC’s Golden Triangle region where drilling late in the season in 2017 discovered strong precious and base metal mineralization. Hole FK18-10, the first of eight holes that have been drilled thus far, has four separate high-grade zones with the best zone returning and interval of 38.7 g/t Au over 10.0m including 62.4 g/t Au over 6.0m starting at 114 metres downhole. Jim Pettit, President and CEO of Aben Resources stated, “The high-grade gold and base metal values in the first hole of the 2018 drill program have far exceeded our expectations and confirm the presence of a robust and strong mineralizing system at the recently discovered North Boundary Zone. We are now looking at an area that extends 230m south to the historic highgrade Noranda drill hole from 1991 and although the geology is complex we believe more drilling will delineate additional high-grade mineralization. The target areas in and around the Boundary Zone are relatively shallow and continue to provide strong discovery potential as we look to value-add the project using a systematic exploration methodology. With drilling ongoing, the Company is awaiting assay results from an additional seven drill holes, all of which were drilled at the North Boundary Zone and will provide updates as results become available. I would like to congratulate our geological team on their work thus far as we have made a significant discovery in the Golden Triangle region that is still in its early days with drilling slated to ramp up over the coming months." | |
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