Aben Resources starts drilling at Justin

Jun 10, 2019

2019-06-10 07:51 ET – News Release

Mr. Jim Pettit reports

ABEN RESOURCES COMMENCES DRILLING AT JUSTIN GOLD PROJECT IN EASTERN YUKON

Further to its news releases on May 23 and June 6, Aben Resources Ltd. has commenced drilling at its 100-per-cent-owned Justin gold project located in the eastern Yukon and adjacent to Golden Predator’s Three Aces project. The 2019 exploration program at Justin will entail 1,350 metres of diamond drilling and 600 metres of rotary air blast drilling (RAB), along with prospect-generating fieldwork. This program should take three to four weeks to complete which will coincide with the commencement of drilling at the Forrest Kerr project. This year, the company plans to extend its drilling season one month by initiating this 2,000-metre drill program at the Justin gold project prior to commencement of drilling at its Forrest Kerr gold project located in B.C.’s Golden Triangle region.

Highlights for 2019:

600 metres of RAB drilling (up to 20 holes) at the high grade orogenic Lost Ace zone;
1,350 metres of diamond drilling (up to 10 holes) to further test the intrusion-related gold system discovered in 2010 at the POW zone;
Additional prospect generating field efforts;
Test for the existence of a orogenic multiphase hydrothermal system with the potential for overprinting mineralizing systems with the younger POW zone;
Work completed on the Justin gold project in 2018 included the collection of 19 channel and 28 chip samples from five trenches, 16 rock samples, seven till samples and 240 soil samples with coverage totalling 6.0 line kilometres. The 2018 field program focused primarily on the Lost Ace zone, an orogenic-style quartz-gold-bearing zone previously discovered in 2017.

Two thousand nineteen exploration at the Justin gold project will include drilling, prospecting, geologic mapping and surface sampling across the highly prospective property. The first phase is to begin with the mobilization of a track-mounted rotary air blast drill to the recently discovered Lost Ace zone, where 2018 trenching returned values ranging from trace to 20.8 grams per tonne gold over 4.4 metres including 88.2 g/t gold (Au) over 1.0 m. The Lost Ace zone is located two kilometres west of the POW zone, which was discovered in 2010. The RAB drill is a cost-effective tool to quickly evaluate the high-grade near-surface gold-bearing mineralization present at Lost Ace, interpreted to be orogenic-style quartz-gold veins that bear a strong resemblance to and share a similar geologic setting with Golden Predator’s adjacent 3 Aces property. Geologic evidence and observations at Lost Ace point toward the existence of an older orthogenic multiphase hydrothermal system with the potential for overprinting mineralizing systems with the younger POW zone. The proximity of these two distinct mineralization styles highlights the potential of the older orogenic style of mineralization to be remobilized and incorporated into the younger Cretaceous intrusion-related mineralization.

Concurrent with the RAB drilling at Lost Ace, Aben will conduct diamond drilling at the POW zone where drilling in 2011 and 2012 successfully discovered intrusion-related gold mineralization with intercepts reported ranging from trace values to highs of 1.19 g/t Au over 60.0 m (including 2.47 g/t Au over 21.0 m) and 1.49 g/t Au over 46.4 m. The POW zone will be further evaluated as a potential host to bulk-tonnage gold mineralization and to test for the continuity of higher-grade skarn mineralization along strike. In addition to drill testing both of these exciting targets, several other high-priority exploration targets that have seen limited work but have yielded encouraging results will receive field evaluation and surface sampling.

Cornell McDowell, PGeo, vice-president of exploration for 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 Ltd.

Aben Resources is a Canadian gold exploration company developing gold-focused projects in British Columbia’s Golden Triangle region and in Yukon.

We seek Safe Harbor.

https://www.abenresources.com/