Aben Commences Exploration Activity at Forrest Kerr Gold Project in B.C.'s Golden Triangle
(Thomson Reuters ONE) -
VANCOUVER, British Columbia, Sept. 07, 2016 (GLOBE NEWSWIRE) -- Aben Resources
Ltd. (TSX-V:ABN) (OTCBB:ABNAF) (Frankfurt:E2L2) ("Aben" or the "Company") is
pleased to announce the commencement of exploration activity on Aben's 100%
owned 23,000 hectare Forrest Kerr Property located within B.C.'s Golden Triangle
region (see ABN news release July 18th). The Golden Triangle is host to
significant mineral deposits including Galore Creek, Copper Canyon, Schaft
Creek, Valley of the Kings, Snowfield, KSM, Snip, Granduc, Red-Chris and
numerous others.
2016 fieldwork is intended to provide reconnaissance-scale geological
exploration throughout the project area (which spans approximately 40km
north/south), with particular emphasis on the area straddling the newly-
constructed Galore Creek access road. Fieldwork follows extensive research and
data compilation completed by Aben since acquiring the project.
The objective of the current program is to provide confirmation of existing
high-grade mineral occurrences, soil and geophysical anomalies, geological and
structural relationships. In addition, prospecting and geological mapping will
be completed to further identify and confirm target areas for follow-up drilling
campaigns. Permitting for future drilling is currently underway.
B.C.'s Golden Triangle map:
http://www.abenresources.com/i/maps/ABN_Golden_Triangle_map.jpg
Aben's Forrest Kerr land package is located along the Forrest Kerr Fault,
immediately north of the Iskut River and southward of More Creek, with recent
hydro-electric power and road access afforded to the northern and southern areas
of the property. The claims consist of a 40km-long, north-south belt overlying
rocks of the Hazelton and Stuhini Groups, a complex assemblage of volcanic
accumulations with intervening sedimentary sequences which are host to numerous
significant gold deposits in B.C.'s Golden Triangle area.
Forrest Kerr project, B.C., Golden Triangle claims map:
http://www.abenresources.com/i/maps/ABN_Forrest_Kerr_Project_map_small.jpg
The Forrest Kerr Gold Project is located in the heart of the Golden Triangle of
British Columbia and is considered to hold significant potential for precious
metal mineralization. Numerous mineralized occurrences are documented throughout
the project area and sound, systematic fieldwork conducted from the late 1980's
to the mid 2000's provide a solid framework for ongoing fieldwork. With little
activity in the area during the past decade, the area is ripe for modern
exploration techniques. The area has recently seen major infrastructure
improvements, including roads and hydro-electric facilities. In addition, rapid
melting rates of glaciers in parts of the property area are expected to provide
new exposures in areas that were inaccessible during previous exploration
campaigns.
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, the Yukon and North West Territories.
For further information on Aben Resources Ltd. (TSX-V:ABN), visit our Company's
web site at www.abenresources.com.
Aben Resources has approx. 19.9 million shares issued and outstanding.
ABEN RESOURCES LTD.
"Jim Pettit"
____________________________
JAMES G. PETTIT
President
For further information contact myself or:
Don Myers
Aben Resources Ltd.
Corporate Communications
Telephone: 604-687-3376
Toll Free: 800-567-8181
Facsimile: 604-687-3119
Email: info(at)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 atwww.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
Unternehmensinformation / Kurzprofil:
Datum: 07.09.2016 - 14:00 Uhr
Sprache: Deutsch
News-ID 493268
Anzahl Zeichen: 6041
contact information:
Town:
Vancouver
Kategorie:
Business News
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"Aben Commences Exploration Activity at Forrest Kerr Gold Project in B.C.'s Golden Triangle"
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