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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 07, 2018 11:22pm
31 Views
Post# 28761023

"Modern Gold Rush" in Egypt happening now?

"Modern Gold Rush" in Egypt happening now? https://www.youtube.com/watch?v=CdAjvjeLfNc

Ossama El Maghraby | Positive Mining Reform is Creating New Investment Opportunities in Egypt



"one of the other things that's happening that's flying under everybody's radar is the development of small and medium scale mines in Egypt over the last two years to be specific so what happened a few years ago with the Egyptian government sided to create a new company that they have rewarded 16,000 square kilometers over five concessions - and the government and the people apply for mining licenses after they do some initial exploration and they apply for mining license and they got to produce and this has been developing over the last years so simply starting from people using but ban mills and very simple production techniques to people now that if you want was medium scale my and gold - specifically gold mining is very popular in Egypt I call it the modern different gold rush"

From youtube transcript. Very important detail that I haven't heard of anywhere else?

https://youtu.be/CdAjvjeLfNc?t=1199
Bullboard Posts