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Aton Resources Inc.
Summary
| Project: | Hamama | |
|---|---|---|
| Deposit: | Hamama West | |
| Location: | Egypt | |
| Commodities: | Gold-Silver | |
| Date: | 1/24/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 24-1-2017: Aton Resources Inc. announces a Resource Estimation report for its Hamama West deposit at the Hamama project. Initial I+I resource estimate for Hamama West. Cube has prepared this independent technical report for Aton Resources Inc. following t | |
| 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 Hamama West, which is part of Aton’s Abu Marawat Concession in the Arab Republic of Egypt. The Mineral Resource estimate incorporates all diamond drilling completed by Aton since 2011 over the western part of the Hamama prospect area, and is also informed by a range of other geological information, including from trenches and outcrop geological mapping, a dataset of bulk density measurements taken from whole core samples, a topographic survey file of the project, and various preliminary geological interpretations from field personnel. A geological interpretation was completed to establish the underlying geological framework and controls on mineralisation, and to incorporate components of an earlier interpretation by Aton geologists. Three dimensional wireframes were created for the major lithological, mineralisation and weathering domains, and 2m downhole composites of assay data were extracted within key domains. Basic statistics and geostatistics were examined for 5 key mineralised domains for gold, silver, copper, lead and zinc, and this analysis led to the application of high grade assay cuts for silver and zinc in some domains. | |
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