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Aton Resources Inc ANLBF


Primary Symbol: V.AAN

Aton Resources Inc. is a gold exploration and development company. It is focused on its 100% owned Abu Marawat Concession (Abu Marawat), located in Arabian-Nubian Shield, approximately 200 kilometers (km) north of Centamin's Sukari gold mine. It has identified various gold and base metal exploration targets at Abu Marawat, including the Hamama deposit in the west, the Abu Marawat deposit in the northeast, and the advanced Rodruin exploration prospect in the south of the Concession. Through its subsidiary, Aton Mining Inc, it holds the Abu Marawat exploration concession, which covers an area of 448 square kilometers in Egypt. Its Hamama Gold-Silver project is located in the west of the Concession, in a sequence of Neoproterozoic age metavolcanics, consisting of intermediate rock types. Rodruin Advanced Exploration project is located 18 km east of the Hamama West deposit. The Abu Marawat Deposit is a high-grade gold-copper vein deposit located 35km to the northeast of Hamama.


TSXV:AAN - Post by User

Post by cool888on Jul 14, 2020 8:12pm
126 Views
Post# 31268261

Aton's Cencession just 200km north of CEE's Sukari Gold Mine

Aton's Cencession just 200km north of CEE's Sukari Gold Mine

ABU MARAWAT

ABU MARAWAT CONCESSION

Aton’s 100% owned Abu Marawat Concession is located in the Central Eastern Desert of Egypt, approximately 200km north of Centamin’s Sukari gold mine. Aton has identified numerous gold occurrences throughout the entirety of the concession area, including the Hamama deposit in the west and the Abu Marawat polymetallic deposit in the northeast.

“Old British road” with the Ria al Jarrah Granite in the background


In addition to Hamama and Abu Marawat, Aton is now focussed on advancing the Rodruin target which was discovered in December 2017, and completed a first pass RC drilling programme in 2018 at Rodruin. In addition, Aton has identified and undertaken preliminary exploration over numerous gold exploration prospects and targets, including two historic British era mines. There is good evidence for a variety of different gold mineralisation styles within the concession, and also potential for base metal as well as gold and polymetallic mineralisation. Abu Marawat is 477.7 km2 in size and is located in an area of excellent infrastructure, a four-lane highway, railway line, a 220kV power line and a water pipeline are in close proximity.

 

 

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