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TICKERS: ABN; ABNAF

Explorer Expands Drill Program Budget After Receiving Early Results
News Update

Source:

All holes drilled this season at the company's Golden Triangle project intersected polymetallic mineralization.

Aben's Forrest Kerr Gold Project

Aben Resources Ltd. (ABN:TSX.V; ABNAF:OTCQB) reported in a news release drill results from its Forrest Kerr project in British Columbia's Golden Triangle and from its Justin project in the Yukon.

Regarding Forrest Kerr, Aben, so far this year, drilled 10 holes there, covering more than 5,000 meters (5,000m). Assay results are in from three of them, which were spaced widely and drilled around the main mineralization area in the North Boundary zone to test for extensions and continuity.

All three holes hit polymetallic mineralization "within the Hazelton volcanic/sub-volcanic sequence," the release described. "Mineralization corresponds to multiple and widespread fault and shear zone structures within a panel of Jurassic Hazelton rocks that dominate the Boundary valley."

Hole FK19-46 intersected several mineralized areas averaging 0.12 grams per ton gold (0.12 g/t Au) over its entire length of 500.5m, including 12.4 g/t Au from 203204m.

Hole FK19-50 returned 0.46 g/t Au over 61.7m (188249.7m), including 11.65 g/t over 1m. The zone remains open to the northwest.

Hole FK19-51 hit multiple but intermittent gold-copper-lead-zinc intercepts, but gold was generally low grade.

Based on the results so far, Aben expanded the budget for this year's Forrest Kerr drill program and plans to drill into September.

"We are off to a great start for the 2019 drill season," President and CEO Jim Pettit said in the release. "We have some exciting theories to test from the analysis of the last few years' drill results as well as our new geophysical survey results."

Aben will continue moving southward from the mineralized core of the North Boundary zone with the drill bit, testing for potential connection to the historic, high-grade gold discovery Noranda made in 1991. "The mineralization in this type of setting is definitely something we want to chase," Pettit added.

As for Justin, Aben's 2019 drill program there, which the company completed before starting at Forrest Kerr, included four diamond drill holes over 963m testing the POW zone and 20 rotary air blast holes over 592m testing the Lost Ace zone.

At the POW zone, holes JN19020 and JN19021 encountered "zones of massive sulphide, sulphide-mineralized skarn and mineralized quartz veins," the release noted. JN19021 returned 1.5 g/t Au over 15.4m (165180.4m), including 10.5 g/t Au over 1.2m. JN19021 demonstrated 0.9 g/t Au over 3.3m (250.5253.8m), including 3.5 g/t Au over 0.8m.

JN19039 showed 0.2 g/t Au over 9.5m (35.545m) at the mineralized intersection of the Justin Fault.

JN19031 did not return significant results.

Rotary air blast drilling at the Lost Ace zone intersected the "mineralized phyllite/quartz-pebble conglomerate contact" identified in 2017 and 2018, according to the release. "Results will allow for an updated interpretation of the contact geometry and mineralization potential at depth."

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Disclosure:
1) Doresa Banning compiled this article for Streetwise Reports LLC and provides services to Streetwise Reports as an independent contractor. She or members of her household own securities of the following companies mentioned in the article: None. She or members of her household are paid by the following companies mentioned in this article: None.
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