PROVIDES SHAREHOLDER UPDATE ON 2018 EXPLORATION SEASON IN THE GOLDEN TRIANGLE, BC
Aben Resources Ltd. (ABN.V) has provided an exploration update to its shareholders. The 2018 exploration season in the Golden Triangle is well under way, with Aben Resources, nearby GT Gold and an adjacent project (Garibaldi Resources) having commenced their respective drilling campaigns over recent weeks. Aben Resources' management wishes to summarize to investors the company's recent activity as well as highlight recent media coverage related to Aben's 2018 Golden Triangle exploration program.
2018 drill program to date
Field crews were mobilized in May, and construction of camp facilities, core shacks and drill pad were undertaken. Weather conditions were favourable, and mobilization of the drill commenced upon completion of the drill pads. Recently, in late June, Aben announced that the drill was turning at the Boundary North zone discovery and drilling is now under way, with initial results expected to be announced later in July. The program under way will encompass 5,000 metres of diamond drilling program in approximately 18 holes, with the potential for program expansion.
The initial focus for the drill program is expanding the high-grade precious metal mineralization discovered in 2017 at the Boundary North zone, located near the centre 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 gold, 6.4 grams per tonne silver and 0.9 per cent copper over 10 metres, including 18.9 grams per tonne gold, 16.6 grams per tonne silver and 2.2 per cent copper over 3.0 metres in hole FK17-04, which contributed to an average grade of 0.26 gram per tonne gold over 387 metres. Hole FK17-05 returned 21.5 grams per tonne gold, 28.5 grams per tonne silver and 3.1 per cent copper over six metres from the same zone at a slightly greater depth.
About Aben Resources Ltd.
Aben Resources is a Canadian gold exploration company developing projects in British Columbia's Golden Triangle and in Yukon and Saskatchewan