Business
Aton Resources drills 163m @ 0.90 g/t gold at Rodruin, including 34m @ 1.39 g/t gold and 8.86% zinc from surface
VANCOUVER, British Columbia, Nov. 12, 2018 (GLOBE NEWSWIRE) -- Aton Resources Inc. (AAN: TSX-V) (“Aton” or the “Company") is very pleased to provide investors w
About this update from Aton Resources Inc.
[{"type":"text","content":" VANCOUVER, British Columbia, Nov. 12, 2018 (GLOBE NEWSWIRE) -- Aton Resources Inc. (AAN: TSX-V) (“Aton” or the “Company\") is very pleased to provide investors with an update on the Phase 1 reverse circulation percussion (“RC”) drilling programme at its advanced Rodruin prospect, within the Company’s 100% owned Abu Marawat Concession (“Abu Marawat” or the “Concession”), located in the Eastern Desert of Egypt. Highlights: Final assay results have now been received from a further 10 drill holes, ROP-008 to ROP-017; Drill hole ROP-017 was mineralised with precious and base metals from surface, returning an overall intersection of 163m @ 0.90 g/t Au from surface. ROP-017 intersected both oxidised and fresh sulphide mineralisation, with the overall intersection including intervals of 34m @ 1.39 g/t Au and 8.86% Zn in the oxide zone from surface, and 55m @ 1.23 g/t Au and 1.40% Zn in fresh rock, from 108m; All the other holes intersected mineralisation, including intercepts of 26m @ 1.82 g/t Au (hole ROP-012), 34m @ 1.28 g/t Au (hole ROP-014) and 25m @ 1.30 g/t Au (hole ROP-013) in near surface oxidised gossan; as well as deeper intersections of fresh sulphide mineralisation, including intercepts of 34m @ 0.49 g/t Au (hole ROP-012) and 21m @ 0.55 g/t Au (hole ROP-013); The new drilling results continue to indicate the development of gold-silver-zinc mineralisation at Rodruin, both at and near to surface, as well as sulphide mineralisation in the fresh rock. The identification of sulphide-hosted gold mineralisation in the drilling is considered very significant, as it confirms the potential for development of a large hypogene gold mineralisation system at Rodruin. “These results continue to support our belief that Rodruin has the potential to become a significant bulk minable open pit gold mine,” said Mark Campbell, President and CEO. “We continue to see gold mineralisation over wide drilling intervals, which contain good grades with higher grade shoots interspersed. We are particularly encouraged by the wide zones of sulphide-hosted mineralisation we have intersected in the latest drilling, which indicate potential for the development of large bodies of primary mineralisation at depth. The first pass 4,000 metre drilling programme continues apace as we move across the South Ridge so as to get ...