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Aton Resources Inc.
Summary
| Project: | Hamama | |
|---|---|---|
| Deposit: | Rodruin | |
| Location: | Egypt | |
| Commodities: | Gold-Silver | |
| Date: | 10/1/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 1-10-2018: Aton Resources Inc. announces an Exploration/Drilling Update report for its Rodruin deposit at the Hamama project. Drilling results incl. 36m @ 12.47g/t Au from 5m. Vancouver, October 1, 2018: Aton Resources Inc. (AAN: TSX-V) (“Aton” or the “Co | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Javier Orduna (Internal) | |
| ABSTRACT: | Vancouver, October 1, 2018: Aton Resources Inc. (AAN: TSX-V) (“Aton” or the “Company") is pleased to update investors with the results of the first 3 drill holesfrom the reverse circulation percussion (“RC”) drilling programme at the Rodruin prospect within the Company’s 100% owned Abu Marawat Concession (“Abu Marawat” or the “Concession”), located in the Eastern Desert of Egypt. “These results really speak for themselves. The results correlate very well with our mapping and channel sampling as well as the previous surface grid and underground sampling at Aladdin’s Hill, and we are very encouraged by them.’ said Mark Campbell, President and CEO. “This ancient mining area, which we now call Rodruin, had been lost until we found it last December. This discovery was no small accomplishment, as the site is located in very rugged, isolated and steep terrain. Our regional exploration programme initiated last year over our Abu Marawat Concession area was the genesis of the Rodruin discovery. The ancient high grade tailings dumps at Eradiya East, approximately 3km from Rodruin and the archaeological evidence of technologically advanced ancient processing sites seen in the surrounding areas, led us to seek the source of what was apparently potentially very high grade ore being mined by the ancients. Through the use of spectral imaging and good old boots on the ground, we were able to discover this large ancient mining site. Subsequently, we have built a 4.5km road up the side of the mountain, and are continuing to construct drill access roads and pads. Our mapping and sampling programmes have assisted us in developing our geological interpretation that Rodruin has the potential to be a very significant system of gold mineralisation, including some very high grade zones within it. We believe that the initial results from our ongoing first pass drilling programme appear to be confirming this potential.” | |
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