Business
Aben Resources Provides Update to 2017 Exploration Plans for Forrest Kerr Gold Project in B.C.'s Golden Triangle
VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 16, 2017) - Aben Resources Ltd. (TSX VENTURE:ABN) (OTCBB:ABNAF) (FRANKFURT:E2L2) ("Aben" or the "Company") is pl
About this update from Aben Gold Corp
[{"type":"text","content":"VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 16, 2017) - Aben Resources Ltd. (TSX VENTURE:ABN) (OTCBB:ABNAF) (FRANKFURT:E2L2) (\"Aben\" or the \"Company\") is pleased to provide an updated timeline and summary of the Company's exploration plans for its 100% held 23,000 hectare Forrest Kerr Gold Project, located in BC's Golden Triangle, for the 2017 field season. B.C.'s Golden Triangle map: The Aben exploration team will arrive to site in the third week of June to begin field work that will include drill target generation, ground truth exploration and surface sampling. Aben has applied for a Multi-Year Area Based permit from the B.C. Ministry of Energy and Mines, wherein three main zones have been defined as a focus for exploration activities and subsequent drill testing in 2017. Historic drilling on the Forrest Kerr Project has encountered several high grade precious metal and base metal intercepts including: North: Carcass Creek hole RG91-21 returned 9.87 g/t Gold over 29 meters including 91.69 g/t Gold over 1.95 meters; Forrest Kerr Carcass Zone showing historical drill holes and sampling: Central: Boundary Zone hole RG91-16 returned 33.4 g/t Gold over 11 meters including 326 g/t Gold over 0.45 meters; Forrest Kerr Boundary Zone showing historical drill holes and sampling: South: Forrest Creek hole A90-7 returned 2.28 g/t Gold, 0.3% Copper and 6.3 g/t Silver over 28 meters, while hole A90-13 encountered 2.5 g/t Gold, 0.3% Copper and 6.1 g/t Silver over 35 meters. These two holes were collared 50 meters apart and were interpreted to test the same shear zone. Aben has not been able to independently verify the methodology and results from historical work programs within the property boundaries. However, management believes that the historical work programs have been conducted in a professional manner and the quality of data and information produced from them are relevant. The areas of interest contain several precious and base metal occurrences within Hazelton Group rocks, which host several mineral deposits throughout the region. Widespread quartz-sericite-pyrite alteration zones indicate that a robust hydrothermal system was active and is likely related to early Jurassic intrusive bodies found in close proximity to the altered zones. The property has excellent potential to host both volcanogenic massive sulphide (VMS) minera...