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Aton Resources Inc V.AAN

Alternate Symbol(s):  ANLBF

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.


TSXV:AAN - Post by User

Bullboard Posts
Post by James100on Oct 23, 2017 10:17am
71 Views
Post# 26844327

Interview with Paul Angus on Semna --

Interview with Paul Angus on Semna -- https://ceo.ca/@newton/historic-mining-at-the-semna-prospect-aan-aton-resources

Paul: Yes, this is one of the underground stopes that was mined during ancient times. They are pretty remarkable. The picture shows one our Egyptian geologists named Ahmed.

Peter: Do you have any idea about the grade of these veins?

Paul: During our research we have found some figures published in the British Mining Journal from 1905. It was reported that some pillars within the ancient stopes assayed up to 5.5 ounces per ton gold. The vein in these stopes were 3-5 feet wide. The British were mining the main vein, which was 6 feet wide in places, with grades over 2 ounces per ton gold.

Aton has only done limited amounts of sampling in the past, but we have recently undertaken a sampling program across the veins and shear structures on surface. Once the results are in, I will give you an update.

Peter: Thanks Paul. I look forward to hearing more about Semna once you get those results. Exciting times!

Bullboard Posts