Marawat” or the “Concession”), located in the Eastern Desert of Egypt.
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FOR IMMEDIATE RELEASE
Aton drills 163 m @ 0.90 g/t gold at Rodruin, including 34m
@ 1.39 g/t gold and 8.86% zinc from surface
Vancouver, November 12, 2018: Aton Resources Inc. (AAN: TSX-V) (“Aton” or the “Company") is very pleased
to provide investors with an update on the Phase 1 reverse circulation percussion (“RC”) drilling programme
at its advanced Rodruin prospect , within the Company’s 100% owned Abu Marawat Concession (“Abu
Marawat” or the “Concession”), located in the Eastern Desert of Egypt.
Highlights:
• Final assay results have now been received from a further 10 drill holes, ROP-008 to ROP-017;
• Drill hole ROP -017 was mineralised with precious and base metals from surface, returning an overall
intersection of 163m @ 0.90 g/t Au from surface. ROP-017 intersected both oxidised and fresh sulphide
mineralisation, with the overall intersection includ ing intervals of 34m @ 1.39 g/t Au and 8.86% Zn in
the oxide zone from surface, and 55m @ 1.23 g/t Au and 1.40% Zn in fresh rock, from 108m;
• All the other holes intersected mineralisation, including intercepts of 26m @ 1.82 g/t Au (hole ROP-012),
34m @ 1.28 g/t Au (hole ROP-014) and 25m @ 1.30 g/t Au (hole ROP-013) in near surface oxidised
gossan; as well as deeper intersections of fresh sulphide mineralisation , including intercepts of 34m @
0.49 g/t Au (hole ROP-012) and 21m @ 0.55 g/t Au (hole ROP-013);
• The new drilling results continue to indicate the development of gold-silver-zinc mineralisation at Rodruin,
both at and near to surface, as well as sulphide mineralisation in the fresh rock . The identification of
sulphide-hosted gold mineralisation in the drilling is considered very significant, as it confirms the
potential for development of a large hypogene gold mineralisation system at Rodruin.
“These results continue to support our belief that Rodruin has the potential to become a significant bulk minable
open pit gold mine” said Mark Campbell, President and CEO. “We continue to see gold mineralisation over
wide drilling intervals, which contain good grades with higher grade shoots interspersed. We are particularly
encouraged by the wide zones of sulphide- hosted mineralisation we have intersected in the latest drilling,
which indicate potential for the development of large bodies of primary mineralisation at depth. The first pass
4,000 metre drilling programme continues apace as we move across the South Ridge so as to get an ov erall
perspective of what we have, and we will use this as the basis of our next drilling campaign early next year.
The exploration drilling at Rodruin and the 17 exploration targets over our 738km 2 concession area, coupled
with the coming changes to the mineral resources legislation in Egypt, combine to make the future for Aton
and our shareholders a bright one.”
RC drilling at Rodruin
The Phase1 RC drilling programme at Rodruin is continuing, and is now expected to be completed around the
beginning of December 2018. Assay results have now been received from a further 10 holes, ROP -008 to
ROP-017, all completed within the western Aladdin’s Hill zone of the Rodruin area (see Figure 1). Full details
of mineralised intervals from these holes are provided in Appendix A, and selected intersections are shown in
Table 1. Initial drilling has since been testing the Central Buttress, Spiral Pit and Central Valley areas , and
further assay results will be released when they become available.
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Figure 1: Schematic geological plan of the Aladdin’s Hill area, showing the location of drill access
roads and pads, and drill holes ROP-008 to ROP-017
Hole ID Collar co-ordinates1 Dip Grid
Azimuth
EOH
depth (m) Comments
X Y Z
ROP-008 552322 2913054 789 -60 170 150 Holes ROP-008 to ROP-010 all
missed target due to large
deflections in holes
ROP-009 552319 2913053 789 -60 195 125
ROP-010 552320 2913056 789 -75 195 115
ROP-011 552353 2913021 787 -80 350 31 Abandoned due to old workings
ROP-012 552382 2912996 783 -60 354 200 Hit sulphide mineralisation
ROP-013 552383 2912996 783 -60 15 200 Hit sulphide mineralisation
ROP-014 552383 2912995 783 -80 19 110
ROP-015 552355 2913020 788 -55 360 5 Abandoned due to old workings
ROP-016 552429 2913076 743 -55 183 110
ROP-017 552428 2913076 743 -75 183 190 Hit sulphide mineralisation
Notes:
1) ROP-008 to ROP-011: surveyed collar co-ordinates; ROP-012 to ROP-017: estimated collar co-ordinates (GPS)
2) All co-ordinates are UTM (WGS84) Zone 36R
Table 1: Collar details of RC drill holes ROP-008 to ROP-017
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Hole ID Length
(m)
Intersection (m) 1 Au
(g/t)
Ag
(g/t)
Zn
(%) Comments
From To Interval
ROP-009 125 40 44 4 5.70 3.9 0.52 Hole failed to intersect target
ROP-011 31 16 27 11 0.88 4.9 0.20
Hole abandoned at 31m, after
intersecting numerous voids and
ancient workings
ROP-012
200 15 41 26 1.82 14.0 1.80 15-41m: mineralisation in
gossanous carbonates, with
ancient workings and voids; 98-
144m: mineralisation in fresh
pyritic carbonate host rock
and 2 98 108 10 0.43 9.4 0.02
and 2 110 144 34 0.49 18.8 0.25
ROP-013
200 14 39 25 1.30 16.0 0.81 14-39m: mineralisation in
gossanous carbonates, with
ancient workings and voids; 135-
156m: mineralisation in fresh
pyritic carbonate host rock
and 87 94 7 3.00 10.0 0.66
and 2 135 156 21 0.55 8.9 0.02
ROP-014 110 17 51 34 2 1.28 8.9 0.88
Mineralisation in gossanous
carbonates, with ancient
workings and voids
ROP-015 5 2 5 3 0.76 1.3 0.52 Hole abandoned at 5m, after
intersecting workings/voids
ROP-016
110 0 5 5 1.11 5.6 8.28 High grade oxide Zn and Au
mineralisation intersected at
surface and 10 12 2 3.51 7.3 3.55
and 38 45 7 1.37 5.1 1.08
ROP-017
190 0 163 163 2 0.90 7.4 2.54 High grade oxide Zn and Au
mineralisation intersected at
surface; sulphide Au±Zn
mineralisation from c. 70m depth
incl. 0 34 34 1.39 8.6 8.86
incl. 108 163 55 1.23 10.4 1.40
Notes:
1) Intersections calculated at a nominal cutoff grade of 0.5 g/t Au
2) As indicated, intersections calculated at a nominal cutoff grade of 0.3 g/t Au in runs of continuous mineralisation
Table 2: Selected mineralised intersections from drill holes ROP-008 to ROP-017
Drill holes ROP-008 to ROP-010, were drilled on the western margins of the phyll ic-hosted mineralisation at
Aladdin’s Hill (see news release dated October 1, 2018) but these 3 holes all had very large deflections in the
holes and subsequently missed their intended targets. Nonetheless hole ROP-009 intersected 4m @ 5.70 g/t
Au, from 40m depth (see Table 1 and Appendix A), associated with a narrow zone of similar heavily phyllic
altered rock. The excessive deflections in these holes contributed to the decision to temporarily suspend drilling
at Rodruin (see news release dated October 16, 2018), but these issues have now been addressed and
resolved by the drilling contractor.
Drill holes ROP -011 and ROP -015 were drilled to test a zone of ancient workings hosted in gossanous
carbonate rocks to the immediate north of Aladdin’s Hill, but both were abandoned well short of their target
depths after intersecting numerous and/or large voids, presumed to be ancient workings. Both holes
intersected near surface mineralisation including 11m @ 0.88 g/t Au (hole ROP-011).
Drill hole ROP -012 to ROP -014 were also drilled to test near surface gossanous carbonate hosted
mineralisation previously intersected in drill hole ROP-004 (38m @ 1.84 g/t Au, see new release dated October
16, 2018), and all returned significant near surface intersections confirming the results of ROP-004, including
26m @ 1.82 g/t Au and 14.0 g/t Ag (ROP-012) 25m @ 1.30 g/t Au and 16.0 g/t Ag (ROP-013) and 34m @
1.28 g/t Au and 8.9 g/t Ag (ROP-014), as well as carrying significant Zn values.
Holes ROP-012 and ROP-013 were both drilled to 200m depth, with both intersecting significant zones of Au-
Ag mineralisation in white, strongly pyritic and dolomitic carbonate rocks, returning intersections including 34m
@ 0.49 g/t Au and 18.8 g/t Ag (ROP-012) and 21m @ 0.55 g/t Au and 8.9 g/t Ag (ROP-013). Hole ROP -
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013 also intersected 7m @ 3.00 g/t Au and 10.0 g/t Ag , on a mineralised contact between carbonate and
metasedimentary lithologies.
Holes ROP-016 and ROP -017 were both drilled to the north east of Aladdin’s Hill to test high grade Au-Zn
mineralisation intersected in surface channel profile ROC-009 (65.3m @ 2.84 g/t Au and 5.26% Zn, see new
release dated September 24, 2018). Both holes intersected polymetallic mineralisation from surface,
associated with gossanous carbonate rocks, with significantly high zinc grades, including 34m @ 1.39 g/t Au,
8.6 g/t Ag, 0.59% Cu and 8.86% Zn (ROP-017).
More significantly, hole ROP-017 was mineralised from surface to a downhole depth of 163m, in both the oxide
and fresh sulphide zones, returning an overall mineralised intersection of 163m @ 0.90 g/t Au, 7.4 g/t Ag,
and 2.54% Zn . This included an interval of 55m @ 1.23 g/t Au , 10.4 g/t Ag, and 1.40% Zn from 108m,
predominantly in altered and silicified carbonate host rocks with significant pyrite, and Cu and Zn sulphide
mineralisation. Mineralisation also occurred in altered metasediments throughout this hole.
Discussion
The latest drilling results continue to confirm that gold mineralisation occurs in both the oxide zone and in fresh
rock over a significant area at Aladdin’s Hill. The results of drill holes ROP -012 to ROP -014 confirm the
previous results from hole ROP -004 and surface channel sampling, and that significant zones of gold-silver-
zinc mineralisation outcrop at surface in the Aladdin’s Hill area, associated with gossanous and weathered
carbonate rocks.
These latest assay results also, and very significantly, confirm that the sulphide mineralisation intersected in
drill hole ROP-017 over a very significant width, is mineralised with gold and silver at potentially economic
grades, as well as with zinc and copper, in fresh rock at depth. The zone of sulphide mineralisation intersected
in hole ROP-017 certainly appears to represent the primary hypogene equivalent of the gossan-hosted gold
mineralisation identified at surface and in the weathered zones in the Aladdin’s Hill area. The mineralisation at
Rodruin is structurally complex, and the area has been subject to folding, faulting and thrusting, and Aton
geologists are working to understand the relationships between the mineralisation identified in drilling and at
surface to date. The results of the latest tranche of assay results gives the Company confidence in our belie f
that Rodruin potentially hosts very significant bodies of primary hypogene gold mineralisation, which are
expressed at surface as zones of gossan-hosted mineralisation. Further drilling is planned to follow up on this
latest batch of results.
Furthermore, the identification of very high grades of oxide zinc mineralisation at surface in hole ROP -017 is
of potential interest in itself. Zinc is strongly associated with the gold- silver mineralisation at Rodruin and is
typically significantly elevated in almost all of the gossan-hosted mineralised intervals in the Aladdin’s Hill area.
Further drilling has also now been completed on the Central Buttress zone, which intersected gossanous
carbonates and more ancient underground mine workings in all 4 holes completed, to downhole depths of
between 50-70m. Gossan-hosted mineralisation has also been intersected in holes completed beneath the
Spiral Pit ancient workings, as well as in holes that have been drilled from the Central Valley, along with further
large ancient underground workings which were unexpected, and that had no significant surface expression.
Assays from these new holes remain pending, and will be released when they become available.
These latest assay results, with the confirmation of a wide zone of sulphide-associated gold mineralisation in
hole ROP-017, continue to give credence to Aton’s interpretation which suggests the potential development of
large bodies of primary hypogene mineralisation at Rodruin, and that the gossanous mineralisation identified
over a wide areal extent is the surface expression of deeper hypogene mineralisation. The current results and
logging of ongoing drilling continue to give Aton strong encouragement that the Rodruin area may be host to
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significant bulk tonnages o f gold mineralisation, with localised zones of coarse gold bearing and potentially
very high grade mineralisation, such as at Aladdin’s Hill and the Spiral Pit.
Figure 2: Abu Marawat regional geology, showing the location of the Rodruin prospect
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 2). 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. Mineralisation is associated
with a sequence of carbonate and metasedimentary slate and greywacke rock types. Abundant visible gold
has been 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 ancient underground
workings in the Aladdin’s Hill area has been s ampled to approximately 40m below ground level, indicating
continuation of the surface mineralisation at depth (see news releases dated February 6, 2018, March 5, 2018
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and April 16, 2018), and drilling has now confirmed the presence of high grade gold mineralisation with
individual samples returning assays of up to 221 g/t Au over metre intervals (see news release dated October
1, 2018). Underground workings at the Spiral Pit have been sampled to a depth of 12-15m below ground level,
returning assays of up to 35.3 g/t Au and 37.9% Zn (see news release dated August 7, 2018).
Sampling and analytical procedures
Drill holes were drilled at 140mm diameter, and the bulk percussion chip samples were collected directly into
large plastic bags from the cyclone every metre, numbered with the hole number and hole depths by the drill
crew, and laid out sequentially at the drill site. RC chips were logged onsite by a senior Aton geologist. The
bulk 1m samples were weighed, and subsequently riffle split through a 3- tier splitter onsite by Aton field staff
to produce an approximately 1/8 split, which was collected in cloth bags, numbered and tagged with the hole
number and depth. The reject material from this initial bulk split was re- bagged, labelled and tagged, and the
bulk reject samples will be stored and retained on site at Rodruin. A representative sample of each metre was
washed, stored in marked plastic chip trays, each containing 20m of samples, photographed, and retained
onsite as a permanent record of the drill hole.
All the 1m split samples were weighed again, and the samples selected for assay were riffle split onsite,
typically a further 3- 4 times using a smaller lab splitter, to produce a nominal c. 250-500g sample split for
dispatch to the assay laboratory. The laboratory splits were allocated new sample numbers. QAQC samples
were inserted into the sample runs dispatched to the assay laboratory at a nominal rate of 1 duplicate sample
for every 10 drill samples, 1 blank sample every 10 samples, and 1 standard sa mple of a certified reference
material every 40 samples. Reject material from the 1m samples , after the laboratory split had been taken,
and any unused 1m splits will be retained at the Company’s Hamama facility for future reference purposes, as
and when required.
The selected c. 250-500g split samples were shipped 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 silver, copper, lead and zinc with an aqua regia digest followed by an AAS finish (analytical
code AA45). High grade gold samples (>10 g/t Au) were re-analysed using analytical code Au-AA25 (also fire
assay with an AAS finish). 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).
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About Aton Resources Inc.
Aton Resources Inc. (AAN: TSX-V) is focused on its 100%
owned Abu Ma rawat 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 orogen ic 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.
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Appendix A
Hole ID Hole
depth (m)
Intersection (m) 1 Au
(g/t)
Ag
(g/t)
Cu
(%)
Pb
(%)
Zn
(%) Comments
From To Interval
ROP-008
150 0 1 1 1.61 1.5 0.01 0.04 0.14 Hole failed to intersect intended target (massive
deflection in hole)
and 41 42 1 1.30 4.3 0.04 0.00 0.03
and 3 23 24 1 0.13 3.7 0.04 0.04 1.09
and 3 65 69 4 0.04 1.5 0.01 0.01 1.68
and 3 77 79 2 0.04 1.4 0.03 0.00 3.70
ROP-009 125 40 44 4 5.70 3.9 0.02 0.01 0.52 Hole failed to intersect intended target due to
massive deflection
ROP-010 115 92 95 3 0.71 6.1 0.00 0.00 0.05 NSA - hole failed to intersect intended target
due to massive deflection
ROP-011
31 0 3 3 0.90 1.6 0.03 0.08 0.68 Hole abandoned at 31m, after intersecting
numerous voids and ancient workings and 16 27 11 0.88 4.9 0.02 0.00 0.20
ROP-012
200 15 41 26 1.82 14.0 0.06 0.06 1.80 15-41m: mineralisation in gossanous
carbonates, with numerous ancient workings
and voids; 98-108m and 110-144m:
mineralisation in fresh pyritic carbonate host
rock
and 58 59 1 1.32 9.5 0.03 0.01 0.66
and 76 77 1 1.25 44.6 0.57 0.01 2.01
and 2 98 108 10 0.43 9.4 0.00 0.00 0.02
and 2 110 144 34 0.49 18.8 0.01 0.02 0.25
ROP-013
200 14 39 25 1.30 16.0 0.04 0.04 0.81 14-39m: mineralisation in gossanous
carbonates, with numerous ancient workings
and voids; 135-156m: mineralisation in fresh
pyritic carbonate host rock
and 50 53 3 0.93 10.9 0.02 0.06 0.35
and 87 94 7 3.00 10.0 0.11 0.10 0.66
and 2 135 156 21 0.55 8.9 0.00 0.00 0.02
ROP-014
110 17 51 34 2 1.28 8.9 0.06 0.01 0.88 17-51m: mineralisation in gossanous
carbonates, with numerous ancient workings
and voids incl. 22 27 5 0.76 13.0 0.02 0.00 0.18
incl. 31 34 3 3.73 8.1 0.02 0.00 0.83
incl. 43 50 7 3.22 12.0 0.20 0.02 2.32
ROP-015 5 2 5 3 0.76 1.3 0.03 0.01 0.52 Hole abandoned at 5m, after intersecting
ancient workings/void from 3.5m