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Aton Resources Inc.
Alexander Nubia Extends Major Vein Systems at its Abu Marawat Exploration Project in Egypt
Published Nov 15 2011
4 min read

Alexander Nubia Extends Major Vein Systems at its Abu Marawat Exploration Project in Egypt

Alexander Nubia Extends Major Vein Systems at its Abu Marawat Exploration Project in Egypt

Alexander Nubia Extends Major Vein Systems at its Abu Marawat Exploration Project in Egypt

Toronto, Ontario CANADA, November 15, 2011 /FSC/ - Alexander Nubia International Inc. (AAN - TSX Venture), an exploration and development company with diversified minerals projects in Egypt, is pleased to announce results from the current drilling program at its Abu Marawat gold-copper-zinc-silver property. Results indicate that the major vein systems continue to extend into previously untested areas and remain open at depth.

"The infill drill program continues to successfully expand the Abu Marawat deposit," said A. Alexander Massoud.  "The four major vein systems (CVZ, FIN, MID and the Valley Vein) continue to grow along strike into previously untested areas and vertical continuity has been demonstrated from the surface to a depth of approximately 230 metres where all veins remain open".

Further to the news release, dated October 25, 2011, regarding the surface channel-sampling program, the current results reflect drill holes that intersected the main veins at multiple elevations to establish vein continuity from surface and along strike. These results will form part of the database for calculation of a NI 43-101-compliant inferred resource estimate, to be completed in Q1-2012.

Highlights of recent assay results for holes AAM-050 to AAM-062. (see Table 1 for details)

* AAM-054, 059 and 056 intersected shallow high-grade copper mineralization in the Valley (AAM-054 -  1.27% copper over 1.0 m and AAM-059 - 0.79% copper over 14m) and CVZ (AAM-056 - 1.22% copper over 7.0 m) veins.

* AAM-054, 056 and 057 extending the Mid Vein north and to its deepest level to-date, 200 metres below Abu Marawat Wadi (AAM-057 - 0.22 g/t gold and 0.39% copper over 4 m)

* AAM-059  - 0.79% copper over 14 m at a depth of 10 m below surface and demonstrating 200 m vertical continuity of the northern extension of the CVZ vein.

* AAM-060 - shallow intersection of the CVZ (0.26 g/t gold and 0.37% copper over 7.0 m) confirming strike continuity with AAM-056 located 100 m to the north

* AAM-061 successful in intersecting shallow FIN vein mineralization in an untested zone 200 metres north of previous intersections.

* AAM-062 - very shallow intersection of the CVZ zone (2.19 g/t gold over 2 metres within an 18.8 meter mineralized zone)  

On-going and expected near term results

* Assays are pending for drill holes, AAM-063, AAM-065, AAM-067, AAM-069, AAM-071 that will test the continuity of the FIN vein between section 550N and section 750N

* Currently being logged and sampled are drill holes AAM-072 to AAM-079. Holes AAM-074 to AAM-079 explore for the possible southern extensions of the CVZ and FIN zones.

* Currently being drilled is AAM-080, a deep hole that is collared on section 400N east of CVZ and designed to test the depth extension of the Abu Marawat vein system.  The projected drill length is 500 metres, which when completed will be the deepest drill hole on the property to-date.

-***-

Table 1 - Significant Assay Results From Holes AAM-050 to AAM-062.

--------------------------------------------------------------
  Hole        From   To    Length(1) Gold  Silver  Copper Zinc
               (m)   (m)     (m)     (g/t)  (g/t)   (%)    (%)
--------------------------------------------------------------
AAM - 050  2  147.8  149.7   1.9     0.01   1.26   0.27   0.01
      and  2  159.4  163.2   3.8     0.05   2.24   0.47   0.00
--------------------------------------------------------------
including  2  161.9  163.2   1.3     0.10   4.23   1.13   0.00
      and  2  297.6  301.6   4.0     0.82  14.90   0.19   0.38
      and  3  315.0  316.9   1.9     1.80  30.81   0.26   0.44
--------------------------------------------------------------
AAM - 052  2   14.5   20.5   6.0     0.04   1.00   0.40   0.02
      and  2  213.0  214.0   1.0     0.12   3.00   0.35   1.56
      and  2  223.7  224.2   0.5     1.50  26.00   1.27  11.85
      and  2  232.0  237.0   5.0     0.48   8.40   0.11   0.71
--------------------------------------------------------------
AAM - 053  3  126.4  132.2   5.8     2.60  33.74   0.36   1.66
--------------------------------------------------------------
AAM - 054      69.0   70.0   1.0     0.02   3.00   1.27   0.11
      and      73.5   77.0   3.5     0.03   3.94   1.01   1.85
      and      85.0   86.0   1.0     0.02   2.00   0.45   0.05
      and     137.9  138.5   0.6     0.01   3.00   1.01   0.04
      and     150.5  153.6   3.1     0.10   7.35   1.31   1.48
      and     163.9  165.5   1.6     0.16  18.69   3.93   0.05
      and     210.9  214.0   3.1     0.25   5.81   0.72   0.43
--------------------------------------------------------------
AAM - 055     232.5  245.0  12.5     0.07   4.35   0.69   0.80
--------------------------------------------------------------
AAM - 056      42.0   44.0   2.0     0.01   1.00   0.26   0.03
      and      79.7   88.7   9.0     0.25   7.78   0.97   0.45
--------------------------------------------------------------
AAM - 057     226.7  236.6   9.9     0.17   5.64   0.49   0.61
including     232.7  236.6   3.9     0.38  12.26   0.97   1.46
      and     260.6  264.6   4.0     0.22   6.50   0.39   0.48
      and     285.4  287.4   2.0     0.14   4.00   0.15   0.72
--------------------------------------------------------------
AAM - 058     118.4  119.4   1.0     0.14   9.00   1.97   0.10
      and     189.6  192.2   2.6     0.05   3.92   0.68   0.41
--------------------------------------------------------------
AAM - 059      14.0   28.0  14.0     0.02   0.79   0.11   0.13
      and      37.8   42.8   5.0     0.02   2.20   0.20   0.06
      and      71.2   73.2   2.0     0.04  10.00   1.42   0.02
      and     122.0  123.0   1.0     0.01   3.00   0.61   0.02
--------------------------------------------------------------
AAM - 060      37.8   44.8   7.0     0.26   4.86   0.37   0.10
including      42.8   44.8   2.0     0.13   7.50   0.93   0.06
      and      53.5   56.1   2.6     0.47  18.31   3.03   7.09
--------------------------------------------------------------
AAM - 061      36.0   37.0   1.0     0.28   5.00   0.05   0.43
      and      53.8   61.3   7.5     0.16   3.87   0.10   0.35
including      57.8   58.8   1.0     0.25   5.00   0.28   1.30
--------------------------------------------------------------
AAM - 062      14.8   33.6  18.8     0.43   2.28   0.12   0.19
including      31.6   33.6   2.0     2.19   7.00   0.30   0.12
--------------------------------------------------------------
1. True widths are currently unknown and will vary depending on intersection angle of core with vein(s).
2. New intercepts resulting from previously un-sampled zones
3. Previously released intercepts
-****-

To date, the Company has completed 79 diamond drill holes at Abu Marawat Property for a total of 16,611 metres.  Results of the current drill program will be utilized for the preparation of a NI 43-101-compliant inferred resource.  A complete set of published assay results and a detailed plan map are available at www.alexandernubia.com. Results from the Abu Marawat exploration program will guide the extent of the exploration at other priority targets within the concessions controlled by Alexander Nubia.

Qualifying Person

The technical information in this press release was prepared by Ralph Gonzalez (P. Geo), Project Manager for Alexander Nubia Inc., who manages the exploration program in Egypt.  Mr. Gonzalez is a Qualifying Persons under National Instrument 43-101 regulations.

About Alexander Nubia International Inc.

Alexander Nubia International Inc. (TSX-V: AAN) is a Canadian exploration and development Company focused on the exploration of precious and base-metals minerals in the Eastern Desert of Egypt. The Company holds two exploration concessions: Abu Marawat and Fatiri which cover a combined total area of 2,772 km2. The Abu Marawat concession includes the Abu Marawat, Hamama and Semna Projects. The Company is currently focused on the exploration of the Abu Marawat project, from which recent drilling carried out by the Company has confirmed the presence of precious and base-metal mineralization and has greatly increased the size of the deposit over that reported historically.  For more information please visit www.alexandernubia.com.

For more information on Alexander Nubia please contact:


A. Alexander Massoud
President and Chief Executive Officer
Egypt:  +2 (0) 22 287 6914
Canada: +1 (877) 607-4747
Email: amassoud@alexandernubia.com

Donald M. Cameron, CA
CFO
Canada: +1 (877) 607-4747
Email:  dcameron@alexandernubia.com


Nisha Hasan
TMX Equicom
416-815-0700 ext. 258
Email: nhasan@alexandernubia.com

Cautionary Note Regarding Forward-Looking Statements

Neither the 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 news release. The securities of Alexander Nubia International Inc. described herein have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available. Some of the statements contained in this release are forward-looking statements, such as estimates and statements that describe the Company's future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Since forward-looking statements address future events and conditions; by their very nature they involve inherent risks and uncertainties. Actual results in each case could differ materially from those currently anticipated in such statements. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

To view this press release as a web page, click onto the link below:
www.usetdas.com/PR/alexandernubia15112011.htm



Source: Alexander Nubia International Inc. (TSX.V -  AAN) http://www.alexandernubia.com
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