Business
Aton Resources discovers 2 new zones of mineralisation at Safaga South and Wasif, sampling up to 16.45 g/t Au
VANCOUVER, British Columbia, June 20, 2019 (GLOBE NEWSWIRE) -- Aton Resources Inc. (AAN: TSX-V) (“Aton” or the “Company") is pleased to update investors on 2 ne
About this update from Aton Resources Inc.
[{"type":"text","content":" VANCOUVER, British Columbia, June 20, 2019 (GLOBE NEWSWIRE) -- Aton Resources Inc. (AAN: TSX-V) (“Aton” or the “Company\") is pleased to update investors on 2 new gold mineralised prospects at Safaga South and Wasif, identified and discovered during the Company’s ongoing regional exploration programme (see Figure 1). These new targets are both located within the Company’s 100% owned Abu Marawat Concession (“Abu Marawat” or the “Concession”), located in the Eastern Desert of Egypt. Highlights: A number of ancient mine workings and settlements have been identified at the Safaga South prospect. Reconnaissance field inspection and grab sampling has been undertaken, which has returned assays of up to 16.45 g/t Au from mineralised quartz veins; At the Wasif prospect a significant ancient mining settlement has been identified from satellite imagery. Preliminary field inspection has identified a number of ancient workings associated with gossanous metavolcanic rocks, in a geological setting analogous to that of the Hamama deposit. Preliminary grab sampling has returned assay grades of up to 0.98 g/t Au, 7.6 g/t Ag, 0.30% Cu, 0.20% Pb and 0.22% Zn. “These two new discoveries, which have both returned very positive preliminary results, are located in an area previously unexplored by Aton, and highlight once again the overall potential that exists across our Abu Marawat Concession area. Our extensive regional exploration program begun in early 2017 has uncovered many new potential targets, and of course led to our major discovery at Rodruin.” said Mark Campbell, President and CEO. “We will follow up the preliminary reconnaissance work undertaken to date, including further sampling, with the aim of outlining the potential size and disposition of the mineralised areas, and developing an understanding of the different styles of mineralisation that we are seeing at Safaga South and Wasif.” Safaga South The Safaga South prospect is located at the northeastern corner of the Abu Marawat Concession, on the southern side of Wadi Safaga, and is approximately 14 km east-northeast of the Abu Marawat deposit. Mineralised quartz veins have been identified on the ground over an area of several square kilometres, and have been partially worked in ancient times (see Figure 2). There is also archaeological evidence of an...