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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Post by Dansulon Oct 17, 2018 8:29am

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Post# 28816711

38m at 1.84 g/t Au from surface

Delivery preference: Immediate delivery

TSXV-listed Aton Gives Update on Rodruin Prospect in Egypt

2018-10-17 08:01:18 AM ET (MT Newswires)

08:01 AM EDT, 10/17/2018 (MT Newswires) -- Aton Resources (AAN.V) said overnight Tuesday that assay results from the Rodruin exploration in the Eastern Desert of Egypt showed the extent of the mineralized area around Aladdin's Hill and that mineralization extends below surface to depth. On the margins of Aladdin's Hill at Rodruin, drill hole ROP-004 has returned a mineralised intersection of 38m at 1.84 g/t Au from surface.

CEO Mark Campbell said: "These results continue to confirm our belief that we are in a significant mineralised system and one which we believe has large bulk tonnage at good grades, with high grade shoots interspersed within. We are preparing to drill test along the length of the South Ridge to confirm this. We are planning to be drilling until Christmas, when we will take a short break and return in early January."

Campbell added in a statement that assay results also demonstrated "the potential of the large amount of ancient workings" that the company has identified and mapped over the length of the South Ridge.

GLTA,
Dan