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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 Feb 11, 2018 12:43am
38 Views
Post# 27540285

Straight from the source!

Straight from the source!https://ceo.ca/@Newton/update-on-rodruin-with-javier-orduna-aan-aton-resources

Thanks Javier for another great interview. This Rodruin discovery is quite a big deal for Aton in many ways.  I particularly like how they discovered it end of 2017 following active year with regional exploration program.  Then started 2018 off with results from that and more to follow.  Great for news flow. 

Also see CEO's quote in recent news release: still on plan for commerciality at Hamama. Watch for 1-2 punch combos from Rodruin and Hamama through 2018 and beyond.

Glad to see all the chatter here on the bullboards. Keep it classy. 

>>

My favourite bit from the interview:

Javier Ordua: The carbonates are interesting, Peter.

There are some VMS deposits around the world, Mattabi-style, that are associated with carbonate alteration and we have discussed for a long time, exactly what the carbonate at Hamama really represents. It's clearly related to mineralization but, until we found Rodruin, it appeared to be a one-off.

The fact that we've now found very similar mineralization at Rodruin tells us that Hamama was not just a one-off. We have some ideas on the genesis of the mineralization, but we are still bouncing them around. In short, we believe the presence of carbonate is related to the ultramafics.

Bullboard Posts