Zinc from Surface Channel Sampling at Rodruin
FOR IMMEDIATE RELEASE:
ATON REPORTS NEW AND UPDATED INTERSECTIONS INCLUDING 65.3M @ 2.84 G/T GOLD AND 5.26%
ZINC FROM SURFACE CHANNEL SAMPLING AT RODRUIN
Vancouver, September 24, 2018: Aton Resources Inc. (AAN: TSX-V) (“Aton” or the “Company") is pleased to
provide investors with a further update on the channel sampling and drilling 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:
• Sampling of an extension to surface channel sample profile ROC -009 in the Aladdin’s Hill area at
Rodruin (see news release dated August 23, 2018) has returned an overall and updated mineralised
intersection of 65.3m @ 2.84 g/t Au and 5.26% Zn (previously reported as 39m @ 3.62 g/t Au and
5.44% Zn);
• New channel sample profile ROC-017 in the Spiral Pit area has returned a mineralised intersection of
50.3m @ 1.37 g/t Au and 0.56% Zn, confirming the presence of widespread mineralisation at surface
in a previously untested area approximately 350-400m east-southeast of Aladdin’s Hill;
• The zone o f mineralisation identified by channel and grab sampling on the South Ridge and in the
Central Valley now extends over an area of approximately 600m x 200m, and over a vertical profile
of at least 140m. Further high grade mineralisation has previously been sampled on the North Ridge,
returning assay values of up to 321 g/t Au (see news releases dated February 6, 2018 and April 16,
2018). Drilling is currently testing the surface mineralisation on the South Ridge;
• The first 11 holes (ROP -001 to ROP -011) of the r everse circulation percussion (“RC”) drilling
programme have been completed, with all holes intersecting mineralisation associated with
gossanous carbonates and/or slates, and most intersecting ancient underground mine workings. Six
batches of samples have been dispatched from site for analysis at ALS Minerals in Romania, with the
first results still expected before the end of September 2018.
“We are very pleased to report the continued expansion of the surface mineralised zone at Rodruin, with the
extension of mineralisation in existing channel sample profiles, as well as significant assay results from a new
channel profile some 350-400m away from Aladdin’s Hill and close to the high grade underground Spiral Pit
workings” said Mark Campbell, President and CEO. “From these results, we are identifying extensions to, and
analogues of the Aladdin’s Hill mineralisation, as well as possibly significant new gold- bearing mineralised
zones around the Spiral Pit . Our current drilling program is uncovering the ov erall extent of the maze of
ancient workings at Aladdin’s Hill. Many additional workings are distributed over both the South and North
Ridges, demonstrating that Rodruin was a very significant mining centre in ancient times, giving us confidence
in the overall potential of Rodruin. Drilling continues to intercept what is interpreted as being the mineralised
package, and we look forward to releasing the first batch of drill results shortly.”
Channel sampling at Rodruin
Further results are now available from the surface channel sampling programme at Rodruin, which is testing
mineralisation exposed in drill access road cuttings. To date 1 7 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 , August 23, 2018 and September 12, 2018 ), returning
significant intersections including 62.6m @ 2.34 g/t Au (profile ROC-003) and 64.9m @ 2.29 34 g/t Au (profile
ROC-005). Good mineralisation has also been returned from channel sample profile ROC-011 in the Central
Valley, 400m to the east of A laddin’s Hill, and 200m to the north of the Spiral Pit (see news release dated
September 4, 2018). Further updates will be provided when additional assay results become available.
Samples from the channel sampling programme were crushed to - 4mm at the Company’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.
Figure 1: Schematic geological plan of the Aladdin’s Hill area, showing the location of drill access roads, drill pads
and channel sample profiles (see Appendix A for intersection details)
Further assay results are now available from channel sample profile ROC -009, located approximately 130m
northeast of the main ancient underground workings at Aladdin’s Hill (see Figure 1) ; and ROC-017, located
near the ancient Spiral Pit underground workings approximately 350m east -southeast of Aladdin’s Hill (see
Figure 2). Details of the mineralised intersections from these profiles are provided below in Table 1, and full
details of all channel sample intersections to date are provided in Appendix A.
Profile
ID
Profile
length
(m)
Intersection (m) Au
(g/t)
Ag
(g/t)
Cu
(%)
Pb
(%)
Zn
(%) Comments
From To Interval
ROC-009 77.3 0.0 65.3 65.3 2.84 3.6 0.30 0.06 5.26
Previously reported as
39m @ 3.62 g/t Au and
5.44% Zn1
ROC-017
108.3 58.0 108.3 50.3 1.37 7.4 0.10 0.01 0.56 Spiral Pit area
incl. 58.0 82.0 24.0 2.27 5.6 0.19 0.01 0.67
incl. 88.5 101.6 13.1 0.70 11.0 0.02 0.02 0.43
incl. 106.1 108.3 2.2 0.74 3.3 0.01 0.01 0.13
Notes:
1) See news release dated August 23, 2018
2) Intersections calculated using a cutoff grade of 0.5 g/t Au
Table 1: Mineralised intersections from channel sample profiles ROC-009 and ROC-017
Figure 2: Schematic geological plan of the Spiral Pit area, showing the location of drill access roads and channel sample
profiles
Profile ROC-009 returned an initial mineralised intersection of 39.0m @ 3.62 g/t Au and 5.44% Zn (see news
release dated August 23, 2018) over its entire sampled length. The profile was subsequently extended to the
north, with further mineralisation being returned over an additional 26.3m length, associated with gossanous
and sheared carbonate rocks and altered and weathered slates. Th e profile has now returned an overall
mineralised intersection of 65.3m @ 2.84 g/t Au and 5.26% Zn. The mineralisation at the southeastern end
of this profile was terminated by cemented scree and talus cover (see Figure 1) , with potential for the
mineralisation to extend beneath this cover. Further mineralisation has been exposed in a new drill access
road located between profile ROC-009, and profiles ROC-003 (62.6m @ 2.34 g/t Au) and ROC-004 (25.5m @
4.74 g/t Au), and this will be sampled as soon as possible (see Figures 1 and 3).
Channel sample profile ROC-017 was completed on the “southside high road” just to the south of the ancient
Spiral Pit underground workings, from which selective grab samples have returned grades of up to 35.3 g/t
Au and 37.9% Zn (see Figure 2 ). Sampling was carried out in a sequence of slates and greywackes in the
immediate footwall of the South Ridge Thrust (see news release dated September 12, 2018), which is overlain
by massive carbonate which caps the South Ridge in this area. The Spiral Pit is also located in the immediate
footwall of the South Ridge Thrust. Profile ROC-017 returned a mineralised intersection of 50.3m @ 1.37 g/t
Au and 0.56% Zn, from a fault-bounded block of altered, weathered and gossanous slates and greywackes.
The north-south trending fault which controls the western extent of the sampled mineralisation runs directly
into the Spiral Pit workings. Mineralisation in this area is s tructurally controlled, is located in the footwall
block of the South Ridge Thrust, and appears broadly similar to that seen in the Aladdin’s Hill area, some
400m to the west-northwest.
Assays remain pending from profile ROC-018 east of the Spiral Pit (see Figure 2), and work is currently being
undertaken to widen the southside high road to allow access for the drill ing rig to drill test this area.
Additionally a new access road is being pushed along the northern side of the South Ridge to provide access
to further fault-bounded mineralisation, ancient workings and tailings associated with gossanous carbonates
which outcrop high on the Central Buttress of the South Ridge (see Figures 2 and 3). Assays of up to 9.59 g/t
Au from selective grab samples (samp le AHA-18804, see news release dated February 6, 2016) have been
returned from this area. Further channel sampling of access roads in this area will also be undertaken as soon
as possible.
RC drilling programme
Figure 3: Drilling at Aladdin’s Hill, viewed from the northwest. Channel sample profile ROC-009 is located on the north
flank of the South Ridge, along the lower drill access road, as marked
The Phase 1 RC drilling programme is now well underway at Rodruin, and to date 11 drill holes have been
completed, ROP-001 to ROP -011, in the immediate Aladdin’s Hill area (see Figure 3) . All holes have
intersected mineralisation, associated with gossanous carbonate rocks and altered slates. Significantly almost
all holes completed to date have also intersected ancient underground workings at depths of up to 40m
below ground level. Several holes have had to be abandoned due to them intersecting significant and large
underground workings. Assay results from the first 3 holes, ROP-001 to ROP-003, 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 4). 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
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 continuation of the surface mineralisation at depth (see news releases dated February 6,
2018, March 5, 2018 and April 16, 2018). Underground workings at the Spiral Pit have been sampled to a
depth of 12-15m below ground level (see news release dated August 7, 2018).
Figure 4: Abu Marawat regional geology, showing the location of the Rodruin prospect
Construction of drill access roads and pads is ongo ing at Rodruin to support the current Phase 1 RC drilling
programme, including the construction of further drill access roads to access additional mineralised zones at
Rodruin, away from the immediate Aladdin’s Hill area . 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 workings
and mapped mineralisation in the Aladdin’s Hill area, and is expected to take about 6 weeks to complete.
Samples from all 11 drill holes completed to date have already been dispatched from site, and the first assay
results are still expected before the end of September 2018.
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 sev eral 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 Jav ier 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 involv e 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 – Details of Rodruin channel sample profile intersections
Profile
ID
Profile
length
(m)
Intersection (m) Au
(g/t)
Ag
(g/t)
Cu
(%)
Pb
(%)
Zn
(%) Comments
From To Interval
ROC-001 10.7 0.0 10.7 10.7 5.55 5.3 0.04 0.01 0.41
Chip channel profile
from Phase 1 sampling
(December 2017)
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 Au2 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 Au2
ROC-004 28.5 0.0 25.5 25.5 4.74 8.2 0.07 0.00 0.64
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 Au2
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-006 37.0 20.5 37.0 16.5 2.15 3.0 0.04 0.02 0.55
ROC-007 7.0 3.0 7.0 4.0 4.34 3.6 0.05 0.06 1.65
Now superseded by
extended ROC-008
profile
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 Au2
ROC-009 77.3 0.0 65.3 65.3 2.84 3.6 0.30 0.06 5.26
Previously reported as
39m @ 3.62 g/t Au and
5.44% Zn1
ROC-010 33.0 - - - - - - - -
Sub-grade: 33m @ 0.12
g/t Au and 0.38% Zn,
Central Valley area
ROC-011 56.6 11.0 13.0 2.0 0.57 1.4 0.02 0.02 0.29 Central Valley area
34.8 56.6 21.8 1.17 2.6 0.01 0.02 0.11
ROC-012 24.1 0.0 13.0 13.0 1.41 3.7 0.18 0.01 4.58 South of Aladdin’s Hill
ROC-013 83.0 9.0 14.7 5.7 1.32 0.6 0.01 0.00 0.04
Profile extended - all
assays pending except
9.0-14.7m
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
ROC-016 4.0 - - - - - - - - Unmineralised, NSA >
0.01 g/t Au
ROC-017
108.3 58.0 108.3 50.3 1.37 7.4 0.10 0.01 0.56 Spiral Pit area
incl. 58.0 82.0 24.0 2.27 5.6 0.19 0.01 0.67
incl. 88.5 101.6 13.1 0.70 11.0 0.02 0.02 0.43
incl. 106.1 108.3 2.2 0.74 3.3 0.01 0.01 0.13
ROC-018 Spiral Pit area – assays
pending
Notes:
1) See news release dated August 23, 2018
2) See news release dated September 12, 2018
3) Intersections calculated using a cutoff grade of 0.5 g/t Au