Aben Commences 2020 Field Program at Forrest Kerr Gold Project
Suite 1610 – 777 Dunsmuir Street, Vancouver, BC, V7Y 1K4, CANADA
www.abenresources.com
TSX-V Trading Symbol: ABN
Email: [email protected]
Telephone: (604) 687-3376
Facsimile: (604) 687-3119
NEWS RELEASE
July 27, 2020
Aben Commences 2020 Field Program at Forrest Kerr Gold Project
• Aben Resources Establishes Base Camp
• and Begins Ground Exploration P Program at the Forrest Kerr Gold Project in
BC’s Golden Triangle Region
Vancouver, BC -- Aben Resources Ltd. (TSX -V: ABN) (OTCBB: ABNAF) (Frankfurt: E2L2)
(the “Aben or the Company”) is pleased to announce t hat theyhat it has have established an
exploration camp and commenced ground work at the Forrest Kerr Gold Project located in the
Golden Triangle region of NW British Columbia . Initial fieldwork will consist of mapping,
prospecting, soil and rock sampling to better define existing targets and generate new targets for
a drill program later in the season (permits are currently in place).
Forrest Kerr Project, Golden Triangle, B.C., location map
The initial area of focus will be on the West bank of the Boundary Valley, roughly 500m south of
the high-grade mineralized zone at North Boundary. This area is host to a 300m-long corridor of
polymetallic mineralization that has returned gold grades ranging from 10.0 to 43.4 g/t Au (grams
per tonne), 29.2 to 46.0 g/t Ag and 1.3 to 4.6% Cu in multiple rock samples from outcrop. Drillhole
FK19-53 intersected a mineralized horizon located 110m directly below these surface samples
that averaged 1.2 g/t Au, 2.4 g/t Ag and 0.3 % Cu over 19.0m, illustrating the continuity of
mineralization over significant vertical extent. The Au-Ag-Cu mineralization and alteration seen in
Drillhole FK19-53 core closely resembles mineralization previously discovered by Aben at Nor th
Boundary:
NORTH BOUNDARY HIGH-GRADE ZONE
• 38.7 g/t Au over 10.0m from 114.0-124.0m including 331.0 g/t Au over 1.0m from Hole
FK18-10. Also 22.0 g/t Au, 22.4 g/t Ag over 4.0m from 84.0-88.0m
• 6.7 g/t Au, 6.4 g/t Ag and 0.9% Cu over 10.0m, including 18.9 g/t Au, 16.6 g/t Ag and
2.2% Cu over 3.0m in Hole FK17-04
• 21.5 g/t Au, 28.5 g/t Ag and 3.1% Cu over 6.0m from Hole FK17-05
Of note, this mineralized corridor is located West of the Nelson Creek fault, previously thought to
cut off the polymetallic mineralization found East of the Nelson Creek fault at North Boundary. A
large and untested magnetic anomaly is located 190m west of the mineralized trend in a scree -
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covered area with little outcrop present. The coincident magnetic anomaly combined with the
confirmed precious metal mineralization in both outcrop and drill core from this area make for a
compelling target that will be further explored during this season.
Proposed Exploration and Drill Targets
Jim Pettit, President and CEO of Aben Resources states; “We are pleased to be back up at the
Forrest Kerr Project:
The Forrest Kerr Property consists of 4 separate claim blocks comprised of 56 mineral claims
(23,397 ha) and is owned 100% by Aben Resources. Numerous areas of interest have been
identified since Aben began systematic exploration in 2016, with a total of 70 drill holes
(21,968m/72,055’) completed to date by Aben. The Boundary Valley hosts significant surface gold
mineralization and complex structural intersections, both of which are important indicators of the
potential for discovery of more sub-surface high-grade gold mineralization.
Cornell McDowell, P.Geo., V.P. of Exploration for Aben Resources, has reviewed and approved
the technical aspects of this news release and is the Qualified Person as defined by National
Instrument 43-101.
About Aben Resources:
Aben Resources is a Canadian gold exploration company developing gold-focused projects in
British Columbia and the Yukon Territory. Aben is a well-funded junior exploration company with
over $1.0 million in the Company’s treasury.
For further information on Aben Resources Ltd. (TSX-V: ABN), visit our Company’s web site at
www.abenresources.com
ABEN RESOURCES LTD.
“Jim Pettit”
______________________
JAMES G. PETTIT
President & CEO
For further information contact myself or:
Simon Dyakowski
Aben Resources Ltd.
Strategic Advisor
Telephone: 604-687-3376
Toll Free: 800-567-8181
Facsimile: 604-687-3119
Email: [email protected]
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policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
release.
This release includes certain statements that may be deemed to be "forward -looking statements". All
statements in this release, other than statements of historical facts, that address events or developments
that management of the Company expects, are forward -looking statements. Although management
believes the expectations expressed in such forward -looking statements are based on reasonable
assumptions, such statements are not guarantees of future performance, and actual results or
developments may differ materially from those in the forward -looking statements. The Company
undertakes no obligation to update these forward -looking statements if management's beliefs, estimates
or opinions, or other factors, should change. Factors that could ca use actual results to differ materially
from those in forward-looking statements, include market prices, exploration and development successes,
continued availability of capital and financing, and general economic, market or business conditions.
Please see the public filings of the Company at www.sedar.com for further information.