Aben Drills Into Notable Mineralization at Forrest Kerr Gold Project, Golden
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
September 5th, 2017
Aben Drills Into Notable Mineralization at Forrest Kerr Gold Project, Golden
Triangle, British Columbia
Vancouver, BC -- Aben Resources Ltd. (TSX -V: ABN) (OTCBB: ABNAF) (Frankfurt: E2L2)
(the “Company”) is pleased to provide the following progress update on its 2017 exploration and
drilling program at its 23,000 hectare Forrest Kerr Gold Property located in British Columbia's
Golden Triangle region. Drilling at Carcass Creek intersected several discrete zones of massive
quartz veins and quartz -sulphide vein breccias that have historically reported high grad e gold
mineralization. At Boundary, massive to semi-massive sulphide horizons were encountered in
association with strong quartz carbonate veining and breccias. Sulphides within these packages
are relatively enriched in chalcopyrite, a copper mineral that has shown a strong correlation with
gold mineralization both on the Forrest Kerr Property and in several localities within the Golden
Triangle. The drill core has been sent to the assay labs and final geochemical assays are pending.
Golden Triangle Claims Map:
http://www.abenresources.com/i/maps/ABN_Golden_Triangle_map.jpg
Cornell McDowell, Vice President of Exploration of Aben noted: "We elected to expand this first-
phase drill program given the encouraging visual indicators that were witnessed in the drill core.
Numerous copper -enriched mineralized zones were encountered over notable widths during
drilling at the Boundary Zone. The Boundary rock has been strongly sericite -silica altered with
locally intense quartz-sulphide and quartz-carbonate-sulphide veining, the product of a robust and
wide-spread hydrothermal system . This type of geochemical and alteration signature has
historically been strongly indicative of the potential for significant gold mineralization. This is
particularly exciting given the mineralogic similarities between the sulphide horizons we have
drilled and those th at GT Gold is reporting from their Tatogga Property, located north of our
Forrest Kerr Project.”
Aben’s Forrest Kerr Project Map:
http://www.abenresources.com/i/maps/FK-007.jpg
The Company recently announced it expanded its diamond drill program from 2,100 metres to
approximately 2,500 metres. The expanded drill program includes drill holes testing the Boundary
Zone to confirm and extend the high grade gold mineralization discovered in hist orical drilling.
Drilling conducted in the early 1990's and 2000's at this zone returned some of the highest grades
on the Forrest Kerr Property and the Company feels there is the potential for the expansion of the
known zone based on recent data compilation, structural geological interpretation and additional
field reconnaissance work.
Forrest Kerr Gold Project Summary:
Historical drilling results at the Forrest Kerr Project have ranged from trace values to several high-
grade intercepts such as 9.97 g/t gold over 29.3 metres, including 125 g/t Au over 0.8 metres and
91 g/t Au over 1.9 metres, in hole RG91 -21 in the Carcass Creek Zone as well as 33.4 g/t gold
over 11 metres, including 326 g/t over 0.5 metres, in hole RG91 -16 at the Boundary Zone. This
high grade mineralization is within 200 metres vertical depth of surface and the Carcass and
Boundary Zones are approx. 4 kilometres apart leaving robust discovery potential along strike, at
depth and at other regional targets on the property.
The historical drill holes at the two main target areas, the Carcass and Boundary Zones , were
drilled decades ago with limited follow up work due to limited accessibility, high drilling costs, and
a less comprehensive understanding of the ge ology. Since then, major infrastructure
improvements have been made including the Galore Creek access road on the north end of the
property as well as roads and powerlines on the south end of the property where hydroelectric
facilities have been built in r ecent years. In addition, rapid glacial retreat over the past 25 years
have exposed extensive new areas of outcrop exposure in this highly prospective region. Aben’s
technical team has spent over a year analyzing and reinterpreting the historical exploration and
geological data with the help of structural geologists to gain a stronger understanding of the
existing targets and high-grade gold mineralization at the project.
*Note: Aben has not been able to independently verify the methodology and results from historical
work programs within the property boundaries. However, management believes that the historical
work programs have been conducted in a professional manner and the quality of data and
information produced from them are relevant. In addition, management cautions that past results
or discoveries on proximate land are not necessarily indicative of the results that may be achieved
on the Forrest Kerr property.
Cornell McDowell, P.Geo., V.P. of Exploration of Aben Resources, has reviewed and approv ed
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 projects in British
Columbia’s Golden Triangle, the Yukon, and Saskatchewan. Aben’s flagship Forrest Kerr Gold
Project is located in the Golden Triangle of BC where the Company currently owns certain mineral
tenures outright and has agreements in place with various third -parties whereby it has the
exclusive right to a 100% interest in the 23,000-hectare property area.
For further information on Aben Resources Ltd. (TSX -V: ABN), visit our Company’s web site at
www.abenresources.com.
Aben Resources has approx. 52.8 million shares issued and outstanding.
ABEN RESOURCES LTD.
“Jim Pettit”
______________________
JAMES G. PETTIT
President & CEO
For further information contact myself or:
Don Myers
Aben Resources Ltd.
Director, Investor Relations
Telephone: 604-639-3851
Toll Free: 800-567-8181
Facsimile: 604-687-3119
Email: [email protected]
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
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 forwa rd-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 m aterially 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 cause 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.