Aben Field Program Update
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
August 10, 2020
Aben Field Program Update
Vancouver, BC -- Aben Resources Ltd. (TSX -V: ABN) (OTCBB: ABNAF) (Frankfurt: E2L2)
(the “Aben or the Company”) is pleased to announce that the 2020 field season is proceeding
well and will be moving into the next phase which will include Pad building in advance of the arrival
of the drill. The Pad building crew should be on site today and should take a week to get things
ready for the drill program to begin.
The field program, to date, has been very encouraging as the crew has been successful in further
delineating our initial drill targets for this season. The field crew will continue to ground truth future
targets to drill, well into September. Our initial zone of interest was explained in detail in news
release dated 27th July 2020.
The company also announces, pursuant to its stock option plan, the Company has granted
incentive stock options to its directors, officers, employees and consultants to purchase up to an
aggregate of 4,600,000 common shares in the capital stock of the Company, exercisable for a
period of two years, at a price of $0. 13 per share. The Company’s 10% rolling stock option plan
was approved by the shareholders at the Annual General Meeting of the Company held on July
25, 2018.
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 Qu alified 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.
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:
Aben Resources Ltd.
Telephone: 604-687-3376
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 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 statem ents. 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.