Aben Resources Commences Drilling at Justin Gold Project in Eastern Yukon
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
June 10, 2019
Aben Resources Commences Drilling at Justin Gold Project in Eastern Yukon
Vancouver, BC -- Aben Resources Ltd. (TSX -V: ABN) (OTCQB: ABNAF) (Frankfurt: E2L2)
(“Aben” or “the Company”) is pleased to announce, further to its news releases on May 23rd and
June 6th, it has commenced drilling at its 100% owned Justin Gold Project located in the Eastern
Yukon and adjacent to Golden Predators Three Aces Project. The 2019 exploration program at
Justin will entail 1350 meters of diamond drilling and 600 meters of Rotary Air Blast drilling
(“RAB”), along with prospect generating field work. This program should take 3 -4 weeks to
complete which will coincide with the commencement of drilling at the Forrest Kerr Project. This
year, the Company plans to extend its drilling season one month by initiating this 2000 -meter
drill program at the Justin Gold Project prior to commencement of drilling at its Forrest Kerr Gold
Project located in BC’s Golden Triangle region.
Justin Gold Project, Yukon location map:
https://www.abenresources.com/site/assets/files/4303/abn_justin_project_-
_property_location_2017_small.jpg
Highlights for 2019
600 meters of RAB drilling (up to 20 holes) at the high grade orogenic Lost Ace Zone;
1350 meters of diamond drilling (up to 10 holes) to further test the intrusion related gold
system discovered in 2010 at the POW Zone;
Additional prospect generating field efforts;
Test for the existence of a orogenic multi-phase hydrothermal system with the potential
for overprinting mineralizing systems with the younger POW Zone.
Work completed on the Justin Gold Project in 2018 included the collection of 19 channel
and 28 chip samples from 5 trenches, 16 rock samples, 7 till samples and 240 soil
samples with coverage totaling 6.0 line-km. The 2018 field program focused primarily on
the Lost Ace Zone, an orogenic -style quartz-gold bearing zone previously di scovered in
2017.
Coarse Gold Grains from Justin Project, Lost Ace Zone, Yukon:
https://www.abenresources.com/site/assets/files/4303/abn_justin_jn2018-
1_coarse_gold_grains.jpg
2019 exploration at the Justin Gold Project will include drilling, prospecting, geologic mapping
and surface sampling across the highly prospective property. The first phase is to begin with the
mobilization of a track mounted Rotary Air Bl ast drill to the recently discovered Lost Ace Zone,
where 2018 trenching returned values ranging from trace to 20.8 g/t gold over 4.4 meters
including 88.2 g/t gold (Au) over 1.0 m. The Lost Ace Zone is located 2 kilometers west of the
POW Zone, which was discovered in 2010. The RAB drill is a cost -effective tool to quickly
evaluate the high -grade near surface gold -bearing mineralization present at Lost Ace,
interpreted to be orogenic-style quartz-gold veins that bear a strong resemblance to and share a
similar geologic setting with Golden Predator’s adjacent 3 Aces Property. Geologic evidence
and observations at Lost Ace point toward the existence of a n older orthogenic multi-phase
hydrothermal system with the potential for overprinting mineralizing systems with the younger
POW Zone . The proximity of these two distinct mineralization styles highlights the
potential of the older orogenic style of mineralization to be remobilized and incorporated
into the younger Cretaceous intrusion related mineralization.
Concurrent with the RAB drilling at Lost Ace, Aben will conduct diamond drilling at the POW
Zone whe re drilling in 2011 and 2012 successfully discovered intrusi on-related gold
mineralization with intercepts reported ranging from trace values to highs of 1.19 g/t Au over
60.0 m (including 2.47 g/t Au over 21.0 m) and 1.49 g/t Au over 46.4 m. The POW Zone will
be further evaluated as a potential host to bulk -tonnage gold mineralization and to test for the
continuity of higher -grade skarn mineralization along strike. In addition to drill testing both of
these exciting targets, several other high-priority exploration targets that have seen limited work
but have yielded encouraging results will receive field evaluation and surface sampling.
Cornell McDowell, P.Geo., V.P. of Exploration for Aben Resources, has reviewed and approved
the technical aspects of thi s 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’s Golden Triangle region and the Yukon Territory. Aben is a well-funded junior
exploration company with approximately 111.7 million shares issued and outstanding.
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:
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 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 cause actual results to differ materially
from those in forward-looking statements, include market prices, explorat ion 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.