Aben Resources to Begin Forrest Kerr Drill Program in BC's Golden Triangle Region
23 Maggio 2018 - 9:05AM
VANCOUVER, British Columbia, May
23, 2018 (GLOBE NEWSWIRE) -- Aben
Resources Ltd. (TSX-V:ABN) (OTC PINK:ABNAF)
(Frankfurt:E2L2) (the "Company") is pleased to announce plans for
the upcoming summer drill program at the Forrest Kerr Gold
Property located in Northwestern British Columbia's Golden Triangle
region. The Company is planning a 5000 metre diamond drill
program commencing in mid-June.
The initial focus for the drill
program will be to expand the high-grade precious metal
mineralization discovered in 2017 at the Boundary North Zone,
located near the center of the Forrest Kerr Property. Three
separate drill holes, collared from the same drill pad, pierced a
near-surface high-grade zone of gold-silver-copper mineralization,
in addition to broad intercepts containing gold bearing quartz
veins. Select results from those holes include 6.7 grams per tonne (g/T) Au, 6.4 g/T Ag and 0.9% Cu over
10 metres, including 18.9 g/T Au, 16.6 g/T Ag and 2.2% Cu over 3.0
metres in hole FK17-04 which contributed to an
average grade of 0.26 g/T Au over 387
metres. Hole FK17-05 returned 21.5 g/T Au, 28.5 g/T Ag and 3.1% Cu over 6
metres from the same zone at a slightly greater
depth.
The Company believes the 2017
discovery demonstrates that the Boundary Zone has additional
discovery potential for significant precious metal mineralization.
This area of the Forrest Kerr Property hosts gold-silver-copper in
rock and soil anomalies that span in excess of 2 km by 4km and
remain relatively under-explored.
The Company's President and CEO,
Jim Pettit, stated: "Notable regional discoveries by Pretium, GT
Gold, Garibaldi Resources and others have illustrated the
significant discovery upside remaining in the district and we are
confident in the potential at Forrest Kerr given the newly
discovered and historic high grade mineralization there as well as
the numerous untested gold-in-soil anomalies present". Aben
currently owns certain mineral tenures outright and has agreements
in place with various third-parties whereby it has the exclusive
right to a 100% interest in the 23,000 hectare property area.
Golden
Triangle, B.C. claims map:
http://www.abenresources.com/i/maps/ABN_Golden_Triangle_map.jpg
Cornell McDowell, P.Geo., V.P. of
Exploration of Aben Resources, has reviewed and approved the
technical aspects of this news release and is the Qualified Person
as defined by National Instrument 43-101.
About Aben
Resources:
Aben Resources is a Canadian gold
exploration company developing projects in British Columbia's
Golden Triangle, the Yukon, and Saskatchewan.
For further information on Aben
Resources Ltd. (TSX-V: ABN), visit our Company's web site
at www.abenresources.com.
Aben Resources has approx. 78.3
million shares issued and outstanding.
ABEN RESOURCES LTD.
"Jim
Pettit"
____________________________
JAMES G. PETTIT
President & CEO
For further information contact
myself or:
Don Myers
Aben Resources Ltd.
Director, Investor Relations
Telephone: 604-639-3851
Toll Free: 800-567-8181
Facsimile: 604-687-3119
Email: info@abenresources.com
Neither TSX Venture Exchange nor
its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.
This release includes certain
statements that may be deemed to be "forward-looking statements".
All statements in this release, other than statements of historical
facts, that address events or developments that management of the
Company expects, are forward-looking statements. Although
management believes the expectations expressed in such
forward-looking statements are based on reasonable assumptions,
such statements are not guarantees of future performance, and
actual results or developments may differ materially from those in
the forward-looking statements. The Company undertakes no
obligation to update these forward-looking statements if
management's beliefs, estimates or opinions, or other factors,
should change. Factors that could cause actual results to differ
materially from those in forward-looking statements, include market
prices, exploration and development successes, continued
availability of capital and financing, and general economic, market
or business conditions. Please see the public filings of the
Company at www.sedar.com for further information.
This
announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Aben Resources Ltd via Globenewswire
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