Aton drills further high grade gold -polymetallic sulphide mineralisation at Rodruin , returning 7.04 g/t gold, 47.2 g/t silver, 0.63 % copper and 7.18 % zinc over 36.9 metres
FOR IMMEDIATE RELEASE
Aton drills further high grade gold -polymetallic sulphide
mineralisation at Rodruin , returning 7.04 g/t gold, 47.2 g/t
silver, 0.63 % copper and 7.18 % zinc over 36.9 metres
Vancouver, June 1, 2022: Aton Resources Inc. (AAN: TSX-V) (“Aton” or the “Company") is pleased to update
investors on the latest results from the Phase 2 diamond drilling programme at its advanced Rodruin gold
exploration project, which is located in the Company’s 100% owned Abu Marawat Concession (“Abu Marawat”
or the “Concession”), in the Eastern Desert of Egypt.
Highlights:
• Drill holes ROD-074 and ROD-075 were drilled to follow up on the sulphide mineralisation intersected
in hole ROD -071, which returned 5.76 g/t Au, 42.0 g/t Ag, 0.31% Cu and 2.40% Zn over an 88.6m
interval;
• Drill hole ROD-075 returned a mineralised polymetallic sulphide intersection grading 7.04 g/t Au, 47.2
g/t Ag, 0.63% Cu and 7.18% Zn over a 36.9m interval, from 112.1m down hole depth, which included
a very high grade zone grading 26.8 g/t Au, 142.4 g/t Ag, 1.25% Cu and 16.8% Zn over 6.9m;
• Both holes returned intersections of oxide mineralisation starting from surface including 2.94 g/t Au,
6.4 g/t Ag and 5.14 % Zn over 36.85m (hole ROD-074), and 1.65 g/t Au, 3.7 g/t Ag and 5.29% Zn
over 19.25m (hole ROD-075);
• These latest drillholes continue to indicate the potential for both surface oxide and deeper sulphide
mineralisation at Rodruin.
“We are again pleased to be able to report further high grade sulphide mineralisation from Rodruin” said Tonno
Vahk, Interim CEO . “This latest gold- polymetallic intersection follows up on the results we reported several
weeks ago from hole ROD-071, and has returned even higher grades of both precious and base metals. The
mineralisation at Rodruin is clearly unusual and is structurally complex, as we have appreciated since its initial
discovery, and our exploration team are working to piece it toget her. As at the Hamama and Abu Marawat
deposits the base metal credits are very significant, and we are assessing various options to see if the copper
and zinc may also be viable to recover. Meanwhile we are continuing to push ahead with drilling the nearer
surface oxide material, with our efforts focused on the establishment of a maiden mineral resource estimate at
Rodruin. The Ministry of Petroleum and EMRA continue to advance the mining and exploration sector in Egypt,
and we are delighted to remain at the vanguard of this process, as we work towards our goal of the
development of multiple mines on our Abu Marawat Concession.”
Rodruin diamond drilling programme
The Rodruin prospect was discovered in December 2017 by Aton geologists (see news release dated
December 14, 2017), and is located approximately 18km east of the Company’s Hamama West mineral
deposit (Figure 1). During 2018 Aton constructed a c. 4.5km access road to the prospect, and undertook a
highly successful 50 hole Phase 1 reverse circulation percussion (“RC”) drilling programme at Rodruin, which
returned numerous mineralised intersections including 36m grading 12.47 g/t Au and 9.3 g/t Ag, from 5m down
hole depth (hole ROP-003, see news release dated October 1, 2018).
The Phase 2 diamond drilling programme at Rodruin commenced in late November 2021, and results reported
to date include 88.25m of oxide mineralisation grading 1.74 g/t Au and 9.7 g/t Ag, from 25.75m (hole ROD-
055, see news release dated March 1, 2022), and 129.5m of oxide mineralisation grading 1.00 g/t Au and 8.8
g/t Ag, over the entire length of hole ROD-056 from its collar (see news release dated March 7, 2022). Recent
drill testing of deeper sulphide mineralisation has returned an 88.6m interval grading 5.76 g/t Au, 42.0 g/t Ag,
0.31% Cu and 2.40% Zn from 117.2m down hole depth, including a very high grade 9.9m interval from 138.1m,
grading 39.4 g/t Au, 261.7 g/t Ag, 0.84% Cu and 3.55% Zn (hole ROD -071, see news release dated May 10,
2022). Holes ROD-074 and ROD-075 were drilled to follow up directly on hole ROD-071.
Figure 1: Geology plan of the Abu Marawat Concession showing the location of the Rodruin project
Hole ID
Collar co-ordinates 1
Dip 2 Grid
azimuth 2
EOH
depth (m) Comments
X Y Z
ROD-074 552453 2913055 748 -49.1 358.5 152.80 Aladdin’s Hill North sulphides
ROD-075 552453 2913054 748 -67.0 357.8 263.80 Aladdin’s Hill North sulphides
Notes:
1) Collar co-ordinates as laid out using handheld GPS
2) Collar surveys of drill holes undertaken at c. 5-6m depth, using Reflex EZ-Trac survey tool
3) All co-ordinates are UTM (WGS84) Zone 36R
Table 1: Collar details of diamond drill holes ROD-074 and ROD-075
Discussion of results
Both holes ROD -074 and ROD -075 were drilled on a northerly azimuth on the 552450E section at Rodruin
(Figure 2), and were designed to “scissor” hole ROD-070. The holes were designed and drilled after the visible
Cu-Zn sulphide mineralisation had been logged in hole ROD-071, but prior to the receipt of the assay results.
Hole ROD-074 was designed to test foliated and strongly quartz -sericite-pyrite (“phyllic”) altered sediments
above the South Ridge Thrust (“SRT”). Hole ROD -075 was designed to test below the SRT, and to follow up
on the visible Cu- Zn sulphide mineralisation logged in hole ROD -071, associated with strongly silicified and
phyllic altered sediments (Figure 3). Collar details of the 2 holes are provided in Table 1.
Figure 2: Drill hole collar location plan, showing holes ROD-074 and ROD-075
Both holes intersected gold-silver-zinc oxide mineralisation from surface, as well as mineralisation associated
with the upper foliated and phyllic altered sediments , above the SRT. Hole ROD-075 also intersected high
grade gold-silver-copper-zinc polymetallic mineralisation associated with heavily sulphidic and silic eous,
phyllic altered sediments, below the SRT. Details of all mineralised intersections are provided in Table 2.
Figure 3: Schematic cross-section – 552450E
Hole ID
Intersection (m) 1 Au
(g/t)
Ag
(g/t)
Cu
(%)
Pb
(%)
Zn
(%) Comments
From To Interval
ROD-074 0.00 36.85 36.85 2.94 6.4 0.23 0.02 5.14 Surface oxide
mineralisation incl. 0.00 21.50 21.50 4.65 6.5 0.31 0.03 8.04
56.60 63.10 6.50 0.26 12.0 0.17 0.05 7.53 Fault-hosted Zn
102.35 115.90 13.55 1.15 5.5 0.04 0.07 0.36 Upper phyllic altered
zone, above the SRT incl. 110.00 112.00 2.00 5.02 3.0 0.02 0.03 0.22
ROD-075 0.00 19.25 19.25 1.65 3.7 0.49 0.11 5.29 Surface oxide
mineralisation incl. 0.00 14.10 14.10 2.13 3.3 0.64 0.12 7.00
73.45 82.60 9.15 0.96 10.1 0.28 0.02 1.40 Upper phyllic zone
112.10 149.00 36.90 7.04 47.2 0.63 0.04 7.18 Lower phyllic/siliceous
zone, below the SRT incl. 112.10 119.00 6.90 26.8 142.4 1.25 0.05 16.8
214.40 221.00 6.60 0.63 5.2 0.22 0.12 2.32
Notes:
1) Intersections calculated at a nominal cutoff grade of 0.3 g/t Au in runs of continuous mineralisation
Table 2: Mineralised intersections from diamond drill holes ROD-074 and ROD-075
ROD-074
Hole ROD-074 returned an oxide intersection of 36.85m grading 2.94 g/t Au, 6.4 g/t Ag, and 5.14% Zn from
surface, associated with sheared and gossanous silica- carbonate host rocks, again indicating the near and
surface potential of the oxide mineralisation at Rodruin. Below this surface mineralisation the hole passed into
a sequence of heavily sheared and very talc -altered carbonate rocks, before a faulted contact into highly
foliated and phyllic altered tuffogenic sediments, which returned a 13.55m intersection grading 1.15 g/t Au and
5.5 g/t Ag, above the SRT. The hole ended in massive chloritic tuffogenic sediments, after passing through
another sheared contact with the phyllic altered sediments.
ROD-075
Hole ROD-075 was drilled from the same collar position as ROD-074, and also returned an oxide intersection
from surface grading 1.65 g/t Au, 3.7 g/t Ag, and 5.29% Zn over 19.25m, again associated with sheared and
gossanous silica-carbonate host rocks. Below the surface mineralisation the hole passed into white dolomitic
silica-carbonate rock. The sheared contact between the carbonate and the upper foliated and phyllic altered
tuffogenic sediments, returned a 9.15m intersection grading 0.96 g/t Au and 10.1 g/t Ag.
Below the SRT hole ROD-075 passed immediately into a very high grade semi-massive sulphide zone which
graded 26.8 g/t Au, 142.4 g/t Ag, 1.25% Cu and 16.8% Zn over 6.9m from 112.1m down hole depth. The
mineralisation continued below the semi -massive zone, grading 7.04 g/t Au, 47.2 g/t Ag, 0. 63% Cu and
7.18% Zn, over the full 36.9m mineralised interval. All assay results from this intersection are provided in
Appendix A. The zinc grades are particularly elevated, with a single 1.15m sample ( AHA-38409) returning an
assay of 32.9% Zn. This polymetallic mineralisation is associated with a unit of grey to dark grey, highly
siliceous, quartz-sericite-sulphide altered rock, similar to that in hole ROD -071. After passing through an
apparently structurally c ontrolled zone of replacive carbonate the hole entered a zone of paler grey, foliated
and mostly unmineralised but strongly quartz-sericite-sulphide altered rock . The hole was again terminated
after passing into green chloritic tuffogenic sediments, again with a structural contact to the strongly phyllic
altered sediments above.
Discussion
The high grade sulphide mineralisation intersected in hole ROD -075 confirms, and is clearly from the same
zone as that seen in hole ROD-071, and occurs within a fault-bounded block of highly altered sediments (see
also news release dated May 10, 2022). The mineralisation is structurally controlled on a larger scale, although
there are no obvious structural controls seen within the actual mineralised zone itself, and the sulphide
mineralisation appears to be pervasive and possibly replacive in origin. Th e block of altered rock which hosts
the high grade sulphide mineralisation is open at depth and along strike, and is effectively ‘blind’ as it is located
directly under both the SRT and Upper Thrust structures (Figure 3).
Following the completion of drill hole ROD -071 core orientation equipment was ordered, with a view to
orientating core going forwards. Core orientation had not been previously carried out due to the drilling having
been undertaken entirely on oxidised and very broken near surface material that was not amenable to
orientation. Subsequent to the completion of hole ROD-075 the drill rig was moved back to testing near surface
oxide mineralisation , pending the arrival of the core orientation equipment onsite and a fuller geological
appraisal of the mineralisation intersected in holes ROD-071 and ROD-075.
Sample processing and analytical procedures
Drill core was logged by Aton geologists, and marked up for cutting and sampling at the Rodruin core farm.
Samples were typically selected over nominal 1m intervals, but as determined by the logged lithologies. The
core was half-cut by Aton staff at the onsite Rodruin sample preparation facility.
The split half-core samples were collected and bagged up in cloth bags, weighed and crushed to -4mm onsite,
and split to a nominal c. 250-500g sample size. The coarse crushed reject samples are retained onsite at the
Rodruin sample prep facility.
QAQC samples are inserted at a rate of approximately 1 certified reference material (or “standard” sample)
every 30 samples, 1 blank sample every 15 samples, and 1 duplicate split sample every 15 samples.
The c. 250-500g dried, crushed and split samples were shipped to ALS Minerals sample preparation laboratory
at Marsa Alam, Egypt where they were pulverised to a size fraction of better than 85% passing 75 microns .
From this pulverised material a further sub-sample was split off with a nominal c. 50g size, which was shipped
on to ALS Minerals at Rosia Montana, Romania for analysis.
Samples were analysed for gold by fire assay with an atomic absorption spectroscopy (“AAS”) finish (analytical
code Au-AA23), and for silver, copper , lead and zinc using an aqua regia digest followed by an AAS finish
(analytical code AA45). Any high grade gold samples (>10 g/t Au) were re-analysed using analytical code Au-
GRA21 (also fire assay, but with a g ravimetric finish). Any high grade Ag and base metal samples (Ag >100
g/t, and Cu, Pb and Zn >10,000ppm or >1%) were re- analysed using the ore grade technique AA46 (also an
aqua regia digest followed by an AAS finish).
About Aton Resources Inc.
Aton Resources Inc. (AAN: TSX-V) is focused on its 100%
owned Abu Marawat Concession (“Abu Marawat”),
located in Egypt’s Arabian -Nubian Shield, approximately
200 km north of Centamin’s world-class Sukari gold mine.
Aton has identified numerous gold and base metal
exploration targets at Abu Marawat, including the
Hamama deposit in the west, the Abu Marawat deposit in
the northeast, and the advanced Rodruin exploration
prospect in the south of the Concession. Two historic
British gold mines are also located on the Concession at
Sir Bakis and Semna. Aton has identified several distinct
geological trends within Abu Marawat, which display
potential for the development of a variety of styles of
precious and base metal mineralisation. Abu Marawat is
447.7 km2 in size and is located in an area of excellent
infrastructure; a four -lane highway, a 220kV power line,
and a water pipeline are in close proximity, as are the
international airports at Hurghada and Luxor.
Qualified person
The technical information contained in this News Release
was prepared by Javier Orduña BSc (hons), MSc, MCSM,
DIC, MAIG, SEG(M), Exploration Mana ger of Aton
Resources Inc. Mr. Orduña is a qualified person (QP) under
National Instrument 43-101 Standards of Disclosure for
Mineral Projects.
For further information regarding Aton Resources Inc.,
please visit us at www.atonresources.com or contact:
TONNO VAHK
Interim CEO
Tel: +1 604 318 0390
Email: [email protected]
Note Regarding Forward-Looking Statements
Some of the statements contained in this release are forward-looking statements. Since forward-looking statements
address future events and conditions; by their very nature they involve inherent risks and uncertainties. Actual results
in each case could differ materially from those currently anticipated in such statements.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Appendix A – Assay results of the ROD-075 Au-Ag-Cu-Zn sulphide intersection
Sample No. From (m) To (m) Interval (m) Au (g/t) Ag (g/t) Cu (ppm) Pb (ppm) Zn (ppm)
AHA-38401 110.30 111.25 0.95 0.04 1.6 117 18 1365
AHA-38402 111.25 112.10 0.85 0.20 19.7 2300 29 1885
AHA-38403 112.10 113.15 1.05 10.8 162.0 9820 1225 140000
AHA-38404 113.15 114.30 1.15 23.6 155.0 19490 708 80900
AHA-38407 114.30 115.45 1.15 90.6 351.0 26580 224 120500
AHA-38408 115.45 116.8 1.40 9.57 45.4 8630 64 111000
AHA-38409 116.8 118.00 1.15 12.65 62.7 2390 191 329000
AHA-38412 118.00 119.00 1.00 14.4 94.9 8410 987 250000
AHA-38413 119.00 120.25 1.25 1.65 32.4 3830 93 61400
AHA-38414 120.25 121.30 1.05 1.04 51.9 7280 155 114500
AHA-38415 121.30 122.50 1.20 0.65 15.0 1720 124 30900
AHA-38416 122.50 123.55 1.05 0.75 6.6 952 119 26700
AHA-38417 123.55 124.60 1.05 1.26 12.1 1145 530 57800
AHA-38418 124.60 125.65 1.05 0.91 8.7 1085 272 53600
AHA-38419 125.65 126.40 0.75 1.04 9.9 1885 111 27600
AHA-38420 126.40 127.35 0.95 4.02 23.5 8090 258 97300
AHA-38421 127.35 128.65 1.30 4.32 14.2 2420 250 49200
AHA-38422 128.65 129.40 0.75 4.00 21.8 3740 220 61900
AHA-38424 129.40 130.40 1.00 0.67 7.9 1620 102 15500
AHA-38425 130.40 131.40 1.00 1.63 6.5 2340 163 58800
AHA-38426 1 131.40 132.55 1.15 0.02 -0.2 103 11 1380
AHA-38427 132.55 133.85 1.30 4.76 34.8 8770 1265 41500
AHA-38429 133.85 134.75 0.90 1.59 32.5 8310 920 110000
AHA-38432 134.75 135.65 0.90 2.39 25.9 5630 237 74200
AHA-38433 135.65 136.55 0.90 2.89 42.7 6130 346 138000
AHA-38434 136.55 137.50 0.95 1.76 38.2 13090 648 85500
AHA-38435 137.50 138.45 0.95 4.41 84.9 13420 670 99400
AHA-38437 138.45 139.40 0.95 11.2 99.5 15140 517 84600
AHA-38438 139.40 140.25 0.85 1.79 50.3 7340 429 70100
AHA-38439 140.25 141.15 0.90 6.09 24.1 5220 1045 30100
AHA-38440 141.15 142.15 1.00 2.34 10.9 3460 70 3980
AHA-38441 142.15 143.20 1.05 3.24 13.0 4910 347 11400
AHA-38444 143.20 144.20 1.00 0.92 1.7 484 75 1005
AHA-38445 144.20 145.25 1.05 0.76 4.7 1655 91 819
AHA-38446 145.25 146.20 0.95 1.98 8.5 3200 83 704
AHA-38447 146.20 146.65 0.45 6.18 82.0 18510 296 42200
AHA-38448 146.65 147.80 1.15 2.31 35.0 4130 213 52200
AHA-38450 147.80 149.00 1.20 1.24 7.3 778 131 18950
AHA-38451 149.00 150.20 1.20 0.59 2.1 564 49 5290
AHA-38452 150.20 151.00 0.80 0.37 6.8 1235 374 1665
Notes:
1) 131.40-132.55m:post-mineralisation intermediate dyke