Aben Intersects Mineralization Early in Drill Program at Forrest Kerr Project in BC’s Golden Triangle
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 16, 2018
Aben Intersects Mineralization Early in Drill Program at Forrest Kerr Project in
BC’s Golden Triangle
Vancouver, BC -- Aben Resources Ltd. (TSX -V: ABN) (OTCQB: ABNAF) (Frankfurt: E2L2)
(the “Company”) is pleased to provide the following progress update on its 2018 exploration and
drilling program at its 23,000 -hectare Forrest Kerr Gold Property located in British Columbia's
Golden Triangle region. The first five holes drilled at the high grade North Boundary Zone have
encountered mineralization and the drill core has been sent to the assay labs and final
geochemical assays are pendin g. These holes have transected rock that has been strongly
altered with quartz -sericite-pyrite with variable chlorite and strong calcite and hematite
throughout. The pervasive nature of the alteration is evidence toward the strength of the
hydrothermal system that operated through time in this part of th e Property. Several fault and
shear zones have been encountered in each hole, which have been interpreted and observed
as the likely host to Au -Ag-Cu mineralization. This area of the Forrest Kerr Property hosts gold -
silver-copper in rock and soil anomalies that span in excess of 2 km by 4 km and remain under-
explored.
Golden Triangle, B.C., claims map:
http://www.abenresources.com/i/maps/ABN_Golden_Triangle_map.jpg
Select results from the 2017 holes include 6.7 grams per tonne (g/T) Au, 6.4 g/T Ag and 0.9%
Cu over 10 meters, including 18.9 g/T Au, 16.6 g/T Ag and 2.2% Cu over 3.0 meters in hole
FK17-04 which contributed to an average grade of 0.26 g/T Au over 387 meters. Hole FK17-05
returned 21.5 g/T Au, 28.5 g/T Ag and 3.1% Cu over 6 meters from the same zone at a
slightly greater depth.
The Company’s President and CEO, Jim Pettit, stated: “Notable regional discoveries by
Pretium, GT Gold, Garibaldi Resources and others have illustrated the significant discovery
upside remaining in the district and we are confident in the potential at Forrest Kerr given the
newly discovered and historic high-grade mineralization there as well as the numerous untested
gold-in-soil anomalies present.”
Aben 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.
Cornell McDowell, P.Geo., V.P. of Exploration of 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 projects in British
Columbia’s Golden Triangle, the Yukon, and Saskatchewan.
For further information on Aben Resources Ltd. (TSX -V: ABN), visit our Company’s web site at
www.abenresources.com.
Aben Resources has approx. 81.5 million shares issued and outstanding with approx. $2.7
million in its treasury.
ABEN RESOURCES LTD.
“Jim Pettit”
____________________________
JAMES G. PETTIT
President & CEO
For further information contact:
Don Myers
Aben Resources Ltd.
Director, Corporate Communications
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 stat ements 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 forwar d-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 i n 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.