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Aton Announces High Grade Gold-Silver-Zinc Oxide Mineralization From Channel Sampling of Excavated Road Cuttings at Hamama East
VANCOUVER, British Columbia, May 03, 2018 (GLOBE NEWSWIRE) -- Aton Resources Inc. (TSX-V:AAN) (“Aton” or the “Company") is pleased to provide investors with a p
About this update from Aton Resources Inc.
[{"type":"text","content":" VANCOUVER, British Columbia, May 03, 2018 (GLOBE NEWSWIRE) -- Aton Resources Inc. (TSX-V:AAN) (“Aton” or the “Company\") is pleased to provide investors with a progress update on exploration activities at the Hamama East zone of its Hamama Project, located within the Company’s 100% owned Abu Marawat Concession (“Abu Marawat” or the “Concession”), in the Eastern Desert of Egypt. Highlights: Drill access roads have been completed at Hamama East, in advance of anticipated drilling to further test for potential oxide mineralization in the area; Continuous sampling of mechanically saw-cut channels along the excavated road cuttings has confirmed the presence of high grade Au-Ag-Zn oxide mineralization at Hamama East; Mineralized intersections returned included 84m @ 1.13 g/t Au, 49.7 /t Ag and 7.29 % Zn (channel profile HAC-160) and 42.8m @ 1.28 g/t Au, 55.5 g/t Ag and 10.37 % Zn (channel profile HAC-161); While the sampling was along the strike of the Hamama East mineralization, and is not indicative of true width, it does indicate the potential development of a significant zone of gossanous carbonate-hosted Au-Ag-Zn oxide style mineralization at Hamama East, in an area which has had only limited testing to date. “As we move towards the completion of the technical and financial study for submission to the Egyptian Mineral Resources Authority in support of our intended declaration of commerciality at Hamama West, we are continuing to evaluate the overall Hamama area” said Mark Campbell, President and CEO. “These results at Hamama East are very promising and we intend to carry out a short drilling program here, to evaluate this potential incremental ore source for the Hamama West heap leach project. We will also be looking to undertake preliminary metallurgical testwork to evaluate potential flowsheets to recover zinc metal from the Au-Ag-Zn mineralization at Hamama East, which as well as carrying good grades of potentially heap leach recoverable gold and silver, carries very significant grades of zinc”. Previous exploration at Hamama East The Hamama East zone is located approximately 1 km to the east of the Company’s Hamama West mineral deposit, and represents a continuation of the mineralized horizon at Hamama West, which comprises one zone of the Company’s overall Hamama Project (Figure 1). It has undergone only...