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Aton Resources Inc.
Summary
| Project: | Hamama | |
|---|---|---|
| Deposit: | Hamama West | |
| Location: | Egypt | |
| Commodities: | Gold-Silver | |
| Date: | 11/30/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 30-11-2016: Aton Resources Inc. announces an Exploration/Drilling Update report for its Hamama West deposit at the Hamama project. Drilling results incl. 38.00m @ 1.58g/t Au, 52.1g/t Ag from 0.00m. Vancouver, November 29, 2016: Aton Resources Inc. (AAN: T | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Roderick Cavaney (Internal) | |
| ABSTRACT: | Vancouver, November 29, 2016: Aton Resources Inc. (AAN: TSX-V) (“Aton” or the “Company") is pleased to report the results for the remaining nine drill holes from the recently completed 38-hole diamond drill campaign, totaling 3,428 metres, at Hamama West. Hamama West is one of three zones that comprise the Hamama project, situated within Aton’s 100% owned Abu Marawat concession, located in Egypt. “Like the last set of drill results, these drill holes were planned to test the gold oxide cap at Hamama West,” stated Mark Campbell, Chief Executive Officer of Aton. “With these last drill results in hand, we can now move to finalize the NI 43-101 report on Hamama West, which I expect to see by year end. The NI 43-101 report on Hamama West will help us to better understand the potential for an open-pit, heapleach scenario at Hamama West. Further, it will help us, and investors, better understand Hamama’s overall potential as the report is focused only on Hamama West, which is just one of the three zones at Hamama.” Drill holes AHA-088 to AHA-092 were focused on the near-surface oxide gold mineralization in the central area of Hamama West. Drill holes AHA-093 to AHA-095 were focused on the southwest extension of Hamama West. While gold mineralization is present at the southwest extension, the structural controls and the distribution of the mineralization are not fully understood. Aton will conduct further exploration at the southwest extension to better understand how the mineralization connects to Hamama West. Drill hole AHA-096 tested both the oxide and sulphide mineralization further to the west of holes AHA-088 to AHA-092. | |
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