Aben Resources Provides Results and Summary of 2020 Drill Program at the Forrest Kerr Gold 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

October 30, 2020

Aben Resources Provides Results and Summary of 2020 Drill Program at the

Forrest Kerr Gold Project in BC’s Golden Triangle

Vancouver, BC -- Aben Resources Ltd. (TSX -V: ABN) (OTCQB: ABNAF) (Frankfurt: E2L2)

(the “Aben or the Company) announces the results of the recently completed drill program from

the Forrest Kerr Gold Project. The Company completed two holes for a total of 990.0 meters. The

2020 drill program tested for the mineralized extension of high-grade polymetallic mineralization

on the west side of the Nelson Creek Fault Zone. Both holes were collared on the scree-covered

west bank of the Boundary Valley, several hundred meters outboard from the main mineralized

zone at North Boundary.

Boundary Zone and Exploration & Potential Drill Target maps:

https://abenresources.com/site/assets/files/4087/2020-10-29-abn_slide_for_website.pdf

Hole FK20-71 encountered multiple horizons of polymetallic mineralization (Au-Ag-Cu-Zn) with

the most uniform zone returning an average gold grade of 0.46 g/t Au (grams/tonne) over 37.0

meters (highest 1.0m value of 3.45 g/t Au). This horizon directly correlates with a drilled intercept

from hole FK19 -53 that averaged 1.2 g/t Au over 19m (located 70 met ers above) and several

surface samples (180m above) that returned gold values between 1.0 to 43.3 g/t Au. With limited

drilling this zone shows uniform gold grade mineralization over 180 m of vertical extent with a

minimum surficial mineralized footprint exceeding 300 met ers along strike. Notably, this

mineralization is located west of the Nelson Creek fault zone, a structure that was previously

thought to cut-off polymetallic mineralization west of the North Boundary high-grade mineralized

zone.

FK20-72 tested for the potential of precious metal mineralization at the intersection of the NE-SW

directed Blind Fault and the N -S oriented Nelson Creek Fault Zone. This hole encountered

sporadic polymetallic mineralization adjacent to a strongly -altered fault-derived (mylonitic) rock

package, but failed to encounter the structurally offset high -grade mineralization present at the

North Boundary main zone (180m NE). A 19.0 m intercept with consistent low-tenor gold grades

averaged 0.25 g/t Au between 453 .0-472.0m downhole depth, roughly 350m below the surface

of the North Boundary mineralized corridor.

The west-side mineralization is hosted within a volcanic to sub -volcanic Hazelton rock package

with variably strong Quartz -Sericite-Pyrite (QSP) alteration, abundant quartz veins and a

significant potassic component indicative of high-temperature fluids sourced from a proximal

mineralizing heat source.

Both drillholes encountered highly fractured rock below approximately 55.0 meters of glacier-

derived debris within and adjacent to the Forrest Kerr Fault Zone , a major crustal feature that

provided structural pathways for mineralized fluids. Adverse weather in July, August and into

September also affected the efficiency of drilling, wh ich prompted Aben to suspend drilling after

990m of a planned 1500m.

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 7 2 drill holes

(22,958m/75,302’) completed. The Boundary Valley (3.5 km x 1.0 km) 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.

Aben CEO Jim Pettit states, “Despite the challe nges the Company faced this season at the

Forrest Kerr Project we managed to identify a new mineralized zone that shows uniform gold

values over significant intervals along strike and to depth. This is significant as the Nelson Creek

Fault was previously thought to cut off polymetallic mineralization west of the North Boundary

High Grade Zone. This definitely open s up the west side of the Boundary Valley for further

exploration”.

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.

Forrest Kerr Gold Project, Golden Triangle, BC claims map:

https://abenresources.com/site/assets/files/4087/abn_forrest_kerr_project_map.pdf

For further information on Aben Resources Ltd. (TSX-V: ABN), visit our Company’s web site at

www.abenresources.com.

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.

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 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.