Aton Resources Inc V.AAN

Alternate Symbol(s): ANLBF

Metals & Mining Industrial Metals & Minerals

Aton Resources Inc. is a Canada-based gold exploration and development company located in Egypt's Arabian-Nubian Shield. The Company is focused on its 100% owned Abu Marawat Concession (Abu Marawat), located in Egypt's Arabian-Nubian Shield, approximately 200 kilometers (km) north of Centamin's world-class Sukari gold mine. It has identified numerous 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 Rodruin deposit in the south of the Concession. The Abu Marawat Deposit is a high-grade gold-copper vein deposit located 35 km to the northeast of Hamama. Two historic British gold mines are also located on the Concession at Semna and Sir Bakis. The Abu Marawat exploitation lease is approximately 57.66 square kilometers (km2) in size, covering the Hamama West and Rodruin mineral deposits. The Concession also includes an additional 255.0 km2 of exploration areas at Abu Marawat.

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Aton Resources Inc

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Comment by dabbler1on Jan 09, 2013 2:53am

142 Views

Post# 20813519

RE: Results

From what I know the concessions that AAN work are granted by act of parliament in Egypt and so are exceptionally difficult to overturn so barring outright nationalization which Egypt could never afford AAN are an exceptionally good prospect :-)

GLTL, Dabbler

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