Business
Aton Resources signs drilling contract with Energold
VANCOUVER, British Columbia, June 14, 2021 (GLOBE NEWSWIRE) -- Aton Resources Inc. (AAN: TSX-V) ("Aton" or the "Corporation") is pleased to announce that it has
About this update from Aton Resources Inc.
[{"type":"text","content":" VANCOUVER, British Columbia, June 14, 2021 (GLOBE NEWSWIRE) -- Aton Resources Inc. (AAN: TSX-V) (\"Aton\" or the \"Corporation\") is pleased to announce that it has signed a contract with Energold Drilling Ltd. to carry out a minimum of 4,250 metres of diamond drilling at the Corporation’s Abu Marawat Concession. The drilling program will be focused on the Rodruin and Hamama projects (see Figure 1), with drilling expected to commence in September. The program will commence at Rodruin with 3,350 metres of drilling, with the objective of following up on the successful 2018 reverse circulation percussion drill program, as well as testing for the first time the high grade veins sampled at surface on the North Ridge, which returned assays of up to 321 g/t Au (see news release, dated February 6, 2018). Drilling will also further test and delineate the distribution of the near-surface oxide mineralisation identified on the South Ridge, which returned intercepts including 36m @ 12.47 g/t Au (see news release, dated October 1, 2018) and 20m @ 5.36 g/t Au (see news release, dated December 10, 2018). The program will also follow up on the deeper sulphide mineralisation which returned wide intersections including 61m @ 1.55 g/t Au, 8.9 g/t Ag and 0.86% Zn (see news release, dated January 29, 2019). The drilling program at Hamama will consist of 900 metres of drilling with the objective of delineating additional oxide and transitional resources at the Hamama East and Central areas, which have not been effectively drill tested to date. Channel sampling of surface trenches has indicated the potential for relatively high grade oxide mineralisation, and has returned intercepts including 84m @ 1.13 g/t Au, 49.7 g/t Ag and 7.29% Zn and 42.8m @ 1.28 g/t Au, 55.5 g/t Ag and 10.37% Zn (see news release dated May 3, 2018). Bill Koutsouras, Aton’s Interim CEO & Chairman of the Board stated, “We are pleased to announce the upcoming drilling programs at the promising Rodruin and Hamama Projects as we embark on an aggressive exploration strategy to unlock value from our Abu Marawat Concession Area. We have recently re-opened our Hamama camp and will initiate construction shortly of a new exploration camp at Rodruin that will be more centrally located within our Concession and serve as the main base going forward for exploration on other h...