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AAN.V ·

Aton Reports Updated Results of Surface Channel Sampling at Rodruin, Including

Drill Results Exploration Programs Sampling & Geoscience Results

FOR IMMEDIATE RELEASE:

ATON REPORTS UPDATED RESULTS OF SURFACE CHANNEL SAMPLING AT RODRUIN, INCLUDING

MINERALISED INTERSECTIONS OF 62.6M @ 2.34 G/T GOLD, AND 64.9M @ 2.29 G/T GOLD

Vancouver, September 12, 2018: Aton Resources Inc. (AAN: TSX-V) (“Aton” or the “Company") is very pleased

to provide investors with an update on the ongoing drilling and channel sampling programmes at the Rodruin

prospect at the Company’s 100% owned Abu Marawat Concession (“Abu Marawat” or the “Concession”),

located in the Eastern Desert of Egypt.

Highlights:

• Channel sampling of drill access road c uttings is continuing, including sampling of exten sions to

sample profiles ROC -002, ROC -003, ROC -005, and ROC -008 in the Aladdin’s Hill area (see news

release dated August 7, 2018);

• Sampling of the profile extensions has returned updated mineralised intersections including 62.6m

@ 2.34 g/t Au and 1.49% Zn (profile ROC-003), and 64.9m @ 2.29 g/t Au (profile ROC-005);

• Other mineralised intersections include 48.6m @ 2.12 g/t Au and 0.91% Zn (profile ROC-002), and

36.0m @ 2.09 g/t Au (profile ROC-008);

• Reverse circulation percussion (“RC”) drilling is underway at Rodruin, with the first 7 holes (ROP-001

to ROP -007) hav ing all intersected mineralisation associated with gossanous carbonates and/or

slates, and ancient underground mine workings . Three batches of samples ha ve been dispatched

from site for analysis at ALS Minerals in Romania, with the first results expected before the end of

September 2018.

“These latest results from our current surface prospecting and mapping programme at Rodruin will assist us

in understanding the complexity of the mineralised zones and will increase our knowledge of potentially new

mineralised structures. These results are very encouraging and demonstrate the potential of our Rodruin

prospect, while these long mineral ised intersections provide validation and support for this potential. They

will also assist in shaping our initial 4,000 to 6,000 metre drilling program at Rodruin.” said Mark Campbell,

President and CEO. “But to me, one of the most important discoveries we have already made in the drilling

programme is the extent of the maze of ancient workings at Aladdin’s Hill, some of which go down 40 or 50

metres. The hill appears to be honeycombed by them, which indicates that the ancient miners, working by

hand, would have been chasing something pretty special to go to all the toil and trouble to mine it.”

Channel sampling at Rodruin

The surface channel sampling programme is still ongoing at Rodruin, testing mineralisation exposed in drill

access road cuttings, but has been largely suspended now that the RC drilling has started. To date 17 channel

profiles have been sampled (ROC -002 to ROC-018), including 2 profiles close to the Spiral Pit underground

workings (ROC-017 and ROC-018). The first 8 profiles ROC-002 to ROC-009 (see Figure 1) in the Aladdin’s Hill

area were all mineralised with gold and zinc (see news releases dated August 7, 2018 and August 23, 2018),

returning significant intersections including 25.5m @ 4.74 g/t Au (profile ROC-004), and 39m @ 3.62 g/t Au

and 5.44% Zn (p rofile ROC-009). Good mineralisation has also been returned from channel sample profile

ROC-011 in the Central Valley, 400m to the east of Aladdin’s Hill (see news release dated September 4, 2018).

Aton will continue to release further results when they become available.

Figure 1: Schematic geological plan of the Aladdin’s Hill area, showing the location of drill access roads, drill pads

and channel sample profiles

Samples from the channel sampling programme were crushed to - 4mm at the Comp any’s onsite sample

preparation facility at Hamama, with c. 500g splits shipped to ALS Minerals at Rosia Montana, Romania for

analysis. Samples were analysed for gold by fire assay using analytical code Au-AA23; and silver, copper, lead

and zinc with an aqua regia digest followed by an atomic absorption spectroscopy finish (analytical code

AA45). High grade gold samples (>10 g/t Au) were re-analysed using analytical code Au-AA25; and high grade

Ag and base metal samples (Ag >100 g/t, and Cu, Pb, and Zn >10,000ppm or >1%) were routinely re-analysed

using the ore grade technique AA46. For full details of sampling procedures please refer to the news release

dated August 7, 2018.

Assays from channel sample profiles ROC -014 to ROC-016 are now available, as well as from the extended

profiles ROC-002, ROC-003, ROC-005 and ROC-008. Sampling of the latter 4 profiles was extended following

more detailed inspection, due to the expectation of them intersecting additional previously unsampled

mineralisation. Details of the mineralised intersections from these profiles are provided below in Table 1.

The extended profiles ROC-002, ROC-003, ROC-005 and ROC-008 in the Aladdin’s Hill area all returned very

significantly expanded Au-Zn mineralised intersections, with the mineralised lengths being doubled in each

profile, and the gold grades also being increased (see Table 1). Intersections included 62.6m @ 2.34 g/t Au

and 1.49% Zn (profile ROC -003), and 64.9m @ 2.29 g/t Au (profile ROC -005). Mineralisation was

predominantly sampled in altered, weathered and sometimes gossanous slates, and less frequent ly in

gossanous carbonate rock types. These results, along with the 5m x 5m grid of rock chip samples over the

main area of ancient workings (see news release dated September 4, 2018) confirm the presence of extensive

Au-Zn mineralisation outcropping at surface in the immediate Aladdin’s Hill area (see Figure 1).

Channel sample profile ROC -014 (see Figure 1) sampled white carbonates in the hangingwall block of the

South Ridge Thrust (see below for further discussion), and apparently unmineralised green slates in the

footwall, returning a short mineralised intersection of 3.8m @ 1.12 g/t Au, over the actual thrust fault itself.

Channel sample profile ROC-015 sampled cemented scree and talus on the northern flank of the South Ridge,

and returned sub-grade values, and ROC-016 tested a sheared contact between carbonates and slates on the

North Ridge, but was barren and unmineralised.

Profile

ID

Profile

length

(m)

Intersection (m) Au

(g/t)

Ag

(g/t)

Cu

(%)

Pb

(%)

Zn

(%) Comments

From To Interval

ROC-002

48.6 0.0 48.6 48.6 2.12 3.9 0.10 0.02 0.91 Previously reported as

23.5m @ 1.99 g/t Au1 incl. 0.0 23.5 23.5 1.99 5.4 0.15 0.02 1.55

incl. 32.9 48.6 15.7 3.39 3.0 0.06 0.02 0.29

ROC-003 98.4 0.0 62.6 62.6 2.34 2.2 0.07 0.02 1.49 Previously reported as

31.5m @ 1.49 g/t Au1

ROC-005

70.9 0.0 64.9 64.9 2.29 2.7 0.11 0.06 0.21 Previously reported as

28.0m @ 1.83 g/t Au1

incl. 0.0 3.5 3.5 0.64 2.9 0.01 0.00 0.30

incl. 7.7 64.9 57.2 2.49 2.4 0.13 0.06 0.16

ROC-008 46.0 10.0 46.0 36.0 2.09 3.8 0.04 0.05 0.65 Previously reported as

17.5m @ 2.09 g/t Au1

ROC-014 27.2 21.1 24.9 3.8 1.12 1.0 0.01 0.00 0.03 South Ridge Thrust

ROC-015 4.0 - - - - - - - - NSA > 0.22 g/t Au,

cemented talus cover

ROC-016 4.0 - - - - - - - - North Ridge: barren,

NSA > 0.01 g/t Au

Notes:

1) See news release dated August 7, 2018

2) Intersections calculated using a cutoff grade of 0.5 g/t Au

Table 1: Mineralised intersections from channel sample profiles ROC-002, ROC-003, ROC-005, ROC-008, and ROC-

014 to ROC-016

Discussion

Profile ROC-003 was sampled over the outcrop of the South Ridge Thrust (see Figure 2), a significant shallowly

north-dipping and undulating structure, which has been mapped as dipping roughly parallel to the northern

flank of the South Ridge. The mineralisation at Aladdin’s Hill is located in the footwall block of this thrust, and

the mineralisation intersected in profile ROC-003 terminates against the outcrop of the thrust, and does not

penetrate into the hangingwall block. This is quite significant in that it is possible that the mineralisation

intersected in profile ROC-003 continues further to the northwest, but becomes blind and obscured under

the outcropping hangingwall block above the South Ridge Thrust. By implication the Aladdin’s Hill

mineralisation, located in the footwall block of the thrust, could therefore persist further north, subcropping

under the outcrop of the hangingwall block (see Figure 1).

The short profiles ROC -014 to ROC -016 were all largely sub -grade or barren, although there was a narrow

intersection associated with the immediate outcrop of the South R idge Thrust in profile ROC -014. Profile

ROC-015 did not test outcrop or subcrop, and there was no mineralisation in the sheared, but barren contact

between carbonates and slates tested by ROC-016 on the North Ridge.

The results from the extended profiles ROC -002, ROC-003, ROC-005 and ROC -008 are very encourag ing in

that they have confirmed a wider areal extent of the mineralisation at Aladdin’s Hill, much of which is located

within fairly nondescript weathered slates, which do not display obvious signs of mineralisation. The

Company is continuing to develop dr ill access roads in the area, and is confident of further expanding the

footprint of the surface mineralisation in the immediate Aladdin’s H ill area. Aton is also encouraged by the

fact that outcropping mineralisation terminates against cemented talus and scree cover in profile ROC-009

(see news release dated August 23, 2018), and also under the South Ridge Thrust in profile ROC -003, which

continues to suggest that the subcropping extent of the near-surface mineralisation around Aladdin’s Hill is

potentially significantly larger than that identified from the earlier surface sampling (see Figure 3 in news

release dated April 16, 2018).

Figure 2: Outcrop of the South Ridge Thrust fault in channel profile ROC-003, terminating the mineralisation located

in the footwall block (note: sample 19712 is the final mineralised sample in ROC -003, grading 8.70 g/t Au)

RC drilling programme

The Phase 1 RC drilling programme is now underway at Rodruin, and to date 7 drill holes, ROP-007 to ROP-

007, have been completed. All holes have intersected mineralisation, associated with gossanous carbonate

rocks, and altered slates. Significantly all holes completed to date have also intersected ancient underground

workings at depths of up to 40m below ground level. Aton consider this to be very important a nd strong

evidence that the ancient miners were mining high grade mineralisation to considerable depths, over a wider

area than has up to now been appreciated . The ostensibly quite small workings and scratchings seen at

surface, albeit distributed over a wide area away from the main zone of workings at Aladdin’s Hill, did not

suggest the amount of underground workings intersected to date in the RC drilling. Deep weathering is also

suggestive of preferential weathering do wn mineralised and sulphide -rich zones. Samples from the first 3

holes ROP-001 to ROP-003 have been dispatched from site, and the first results are expected by the end of

September.

Rodruin

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 (see Figure 3). Field mapping and sampling has indicated the presence of ancient mine workings and

extensive gold mineralisation over an area of at least 700m x 400m at surface. Abundant visible gold has been

and continues to be identified in hand specimens from surface outcrops, and ancient dumps and

underground workings, with individual selective grab samples assaying up to 321 g/t Au. The main series of

extensive ancient underground workings in the Aladdin’s Hill area has also been sampled to a depth of

approximately 40m below ground level, indicating continu ation of the surface mineralisation at depth (see

news releases dated February 6, 2018, March 5, 2018 and April 16, 2018).

Construction of drill access roads and pads is continuing at Aladdin’s Hill to support the current Phase 1 RC

drilling programme, as well as construction of further drill access roads to access other mineralised zones at

Rodruin. The Phase 1 RC programme is planned to consist of approximately 4,000 to 6,000 metres of RC

drilling, and will initially test the main zone of ancient workin gs and mapped mineralisation in the Aladdin’s

Hill area, and is expected to take about 6 weeks to complete. Samples from the first 3 drill holes, ROP-001 to

ROP-003 have already been dispatched from site, and the first assay results are expected before the end of

September 2018.

Figure 3: Abu Marawat regional geology, showing the location of the Rodruin prospect

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 200km north of Centamin’s Sukari gold mine. Aton

has identified a 40km long gold mineralised trend at Abu Marawat, anchored by the Hamama deposit in the

west and the Abu Marawat deposit in the east, containing numerous gold exploration targets, including three

historic British mines. Aton has identified several distinct geological trends within Abu Marawat, which

display potential for the development of RIRG and orogenic gold mineralisation , VMS precious and base

metal mineralisation, and epithermal -IOCG precious and base metal mineralisation. Abu Marawat is over

738km2 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.

Qualified Person

The technical information contained in this News Release was prepared by Javier Orduña BSc (hons), MSc,

MCSM, DIC, MAIG, SEG(M), FGS, Exploration Manager 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:

Mark Campbell

President and Chief Executive Officer

Tel: +202-27356548

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.