Aben Resources Announces Permit Acquisition in NWT
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Aben Resources Ltd. /
Aben Resources Announces Permit Acquisition in NWT
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Suite 2230, 885 West Georgia Street, Vancouver, BC, V6C 3E8, CANADA
www.abenresources.com
Trading Symbol (TSX-V: ABN), (Frankfurt: E2L)
Email: info(at)abenresources.com
February 14, 2011
Vancouver, BC - Aben Resources Ltd. (TSX-V: ABN) (FWB: E2L) (the "Company")
(formerly Consolidated Abaddon Resources Inc.) is pleased to announce it has
been granted the exclusive exploration rights to 426,821 acres (1,727 square
kilometres) of land directly east of the Yukon/NWT Territorial border.
The permits are considered to be prospective for the presence of Carlin-type
gold deposits as well as carbonate-hosted and sedimentary-exhalative ("sedex")
style silver-lead-zinc deposits and sediment-hosted copper deposits. These
rights occur in the form of NWT Government-granted "prospecting permits" which
will enable the Company to complete exploration activities over entire
individual map-sheets for a period of three years, with the exclusive right to
acquire formal title within these selected areas. The area has garnered
considerable attention recently with the discovery of Carlin-style
mineralization in the Yukon Territory at ATAC Resources' (TSX.V-ATC) Osiris gold
zone discovery. The current Aben permits cover prospective targets with both
Carlin-style stratigraphy and promising geochemical signatures.
Aben's NWT Prospecting Permits:
http://www.abenresources.com/i/maps/ABN-NWT-Prospecting-Permits.jpg
The permits were acquired on the basis of a proprietary geological and
geochemical database obtained by Aben Resources from Eagle Plains Resources
(TSX-V: EPL). The database has been assembled through decades of systematic
mineral exploration in the Mackenzie Mountains consisting of extensive regional
silt sampling, follow-up soil sampling and prospecting, detailed mapping and
stratigraphic correlation, and examination of most of the documented historic
occurrences in the Mackenzie Mountain area. A significant component of the work
was the acquisition by Eagle Plains of 5700 silt sample pulps covering
approximately 19,000 sq. km, collected in the 1970's by Cordilleran Engineering.
Subsequently, an additional 3500 silt samples were added to the database.
Originally analyzed for only lead and zinc, the samples were reanalyzed using a
30 element ICP, thereby forming an extensive proprietary dataset which can now
be used by Aben to target fieldwork and exploration activities in mineral-rich
districts.
Aben Resources has also acquired from Eagle Plains a 100% interest in two non-
contiguous, highly prospective mineral exploration properties known as the
Justin (Sprogge) and Hit gold projects which cover approximately 2,130 hectares
in the Yukon (see news release Feb 01, 2011).
About Aben Resources
Aben Resources is a Canadian gold, rare earth and uranium exploration company
developing properties in the Yukon, northern Ontario and northern Saskatchewan.
The Company is well funded with approx. $3 million in its treasury.
For further information on Aben Resources Ltd. (TSX-V: ABN), visit our Company's
web site at www.abenresources.com.
ON BEHALF OF THE BOARD OF DIRECTORS
"Jim Pettit"
____________________________
JAMES G. PETTIT
President
For further information contact myself or:
Don Myers
Aben Resources Ltd.
Director
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.
--- End of Message ---
Aben Resources Ltd.
Suite 2230 - 885 West Georgia Street Vancouver Canada
Listed: Open Market (Freiverkehr) in Frankfurter Wertpapierbörse;
This announcement is distributed by Thomson Reuters on behalf of
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other applicable laws; and
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originality of the information contained therein.
Source: Aben Resources Ltd. via Thomson Reuters ONE
[HUG#1488382]
Unternehmensinformation / Kurzprofil:
Datum: 14.02.2011 - 10:01 Uhr
Sprache: Deutsch
News-ID 51431
Anzahl Zeichen: 5328
contact information:
Town:
Vancouver
Kategorie:
Business News
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