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Transaction Announcement Reports
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Project: | Hamama | |
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Deposit: | Hamama West | |
Location: | Egypt | |
Commodities: | Gold-Silver-Zinc | |
Date: | 4/20/2017 | |
Report Code: | NI43-101 | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resource Increase/Upgrade | |
Report details: | 20-4-2017: Aton Resources Inc. announces an Exploration/Drilling Update report for its Hamama West deposit at the Hamama project. Drilling results incl. 22.2m @ 2.17g/t Au, 41.92g/t Ag, 0.1% Zn from 202m. Vancouver, April 20, 2017: Aton Resources Inc. (AA | |
Resources: | (Resource): 137000oz AuEq. (Ind.) and 341000 AuEq. (Inf.) at Hamama West | |
CP/QP: | [Overall Report]: Roderick Cavaney (Internal) | |
ABSTRACT: | Vancouver, April 20, 2017: Aton Resources Inc. (AAN: TSX-V) (“Aton” or the “Company") is pleased to report the results of the first four drill holes from the recently completed 12 hole diamond drill program, totaling 1975 metres, at Hamama West (see news release dated February 21, 2017). In addition, the ongoing regional target identification program has resulted in the discovery of visible gold at Bohlog. Hamama West and Bohlog are both contained within the Company’s 100% owned Abu Marawat Concession (“Abu Marawat” or the “Concession”), located in the Eastern Desert of Egypt. Hole HAD-001 was designed to test the western extension of the Main Zone (MZ), which strikes under the Western Boundary Fault. Holes HAD-002, 003, and 004 were planned to test the potential for increasing sulphide resources on the eastern flank of the MZ at Hamama West. Today’s assay results confirm that potential and the Company looks forward to receiving the balance of the assay results from the eastern flank. "We’re very pleased with the results from the first four drill holes," said Mark Campbell, President and CEO of Aton. "One of the primary goals of this drill program was to demonstrate the potential to grow resources at Hamama West and today’s results confirm that potential. In addition, I’m very pleased to see the results that the regional target identification team is generating. In just a short period of time, they have identified a new, highly prospective target, Waayrah, and discovered visible gold in quartz veins at Bohlog in an area that has similar characteristics as Sukari.” | |
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