For thousands of other reports visit RSC's Mineral Intellingence Map
Aton Resources Inc.
Summary
| Project: | Hamama | |
|---|---|---|
| Deposit: | Rodruin | |
| Location: | Egypt | |
| Commodities: | Gold-Silver | |
| Date: | 11/12/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 12-11-2018: Aton Resources Inc. announces an Exploration/Drilling Update report for its Rodruin deposit at the Hamama project. Drilling results incl. 163m @ 0.90g/t Au, 7.4g/t Ag, 2.54% Zn from 0m. Vancouver, November 12, 2018: Aton Resources Inc. (AAN: T | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Javier Orduna (Internal) | |
| ABSTRACT: | Vancouver, November 12, 2018: Aton Resources Inc. (AAN: TSX-V) (“Aton” or the “Company") is very pleased to provide investors with an update on the Phase 1 reverse circulation percussion (“RC”) drilling programme at its advanced 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 continue to support our belief that Rodruin has the potential to become a significant bulk minable open pit gold mine” said Mark Campbell, President and CEO. “We continue to see gold mineralisation over wide drilling intervals, which contain good grades with higher grade shoots interspersed. We are particularly encouraged by the wide zones of sulphide-hosted mineralisation we have intersected in the latest drilling, which indicate potential for the development of large bodies of primary mineralisation at depth. The first pass 4,000 metre drilling programme continues apace as we move across the South Ridge so as to get an overall perspective of what we have, and we will use this as the basis of our next drilling campaign early next year. The exploration drilling at Rodruin and the 17 exploration targets over our 738km2 concession area, coupled with the coming changes to the mineral resources legislation in Egypt, combine to make the future for Aton and our shareholders a bright one.” RC drilling at Rodruin The Phase1 RC drilling programme at Rodruin is continuing, and is now expected to be completed around the beginning of December 2018. Assay results have now been received from a further 10 holes, ROP-008 to ROP-017, all completed within the western Aladdin’s Hill zone of the Rodruin area (see Figure 1). Full details of mineralised intervals from these holes are provided in Appendix A, and selected intersections are shown in Table 1. Initial drilling has since been testing the Central Buttress, Spiral Pit and Central Valley areas, and further assay results will be released when they become available. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report