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Aton Resources Inc.
Summary
| Project: | Hamama | |
|---|---|---|
| Deposit: | Hamama West | |
| Location: | Egypt | |
| Commodities: | Gold-Silver | |
| Date: | 6/20/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 20-6-2017: Aton Resources Inc. announces a Resource Estimation report for its Hamama West deposit at the Hamama project. Amended technical report updates mineral resource estimate effective date. Cube has prepared this independent technical report for Ato | |
| Resources: | (Resource): 3.805Mt @ 0.72g/t Au (Ind.) and 8.210Mt @ 0.87g/t Au (Inf.) at Hamama West | |
| CP/QP: | [Resources]: Matt Bampton (Cube Consulting Pty Ltd.) | |
| ABSTRACT: | Cube has prepared this independent technical report for Aton Resources Inc. following the release of a maiden Mineral Resource estimate at the Hamama West mineral deposit, which lies within Aton’s Abu Marawat Concession in the Arab Republic of Egypt. Aton Resources Inc. was formerly named Alexander Nubia Inc. (Aton Resources, 2016). The report complies with the requirements of the Canadian National Instrument 43-101, “Standards of Disclosure for Mineral Projects” for reports filed under Canadian jurisdiction. This report has been compiled by Matt Bampton (the “Principal Author”), a Senior Consultant Geologist with Cube and a Qualified Person under NI 43-101, and is independent of Aton Resources Inc. The Hamama West Project is located in the Central Eastern Desert of Egypt, approximately 450km to the south-southeast of Cairo, and is located within Aton’s Abu Marawat Concession, which lies between latitudes 26°18’ and 26°34’ N, and between longitudes 33°19’ and 33°46’ E, and is 738.8 km2 in area. The Hamama West mineral deposit is centred at approximately 26°20’37” N and 33°20’33” E. In 2007 Alexander Nubia Inc. negotiated an exploration and mining agreement, the Concession Agreement – Abu Marawat (“CAAM”), with the Egyptian Mineral Resource Authority (“EMRA”) and the Egyptian Government, to have the sole right to explore and exploit gold and associated minerals in the Abu Marawat Concession. The CAAM was declared into Law 96 of 2007 with an Effective Date of September 27, 2008, pursuant to which Alexander Nubia Inc. has the sole right to explore and develop gold and associated mineral deposits within the concession area. An initial exploration period of one year was given to Alexander Nub | |
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