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 Feb 13, 2020 9:48am

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Post# 30685254

Aton new license -

https://www.nasdaq.com/articles/egypt-approves-first-gold-mining-licence-in-more-than-a-decade-2020-02-13

Thanks RasorsAge from Centamin LLC siteCAIRO, Feb 13 (Reuters) -

GLTA,
Dan

Egypt has approved a mining licence for Aton Resources Inc AAN.V, the Canada-based gold miner said on Thursday, the first such award since the country's main gold producer Centamin CEY.Lsecured a licence more than a decade ago.

Centamin received its mining licence in 2005, according to its website.

Egypt passed a new mining law last year in a push to encourage more exploration and mineral production.

(Reporting by Amina Ismail; Editing by Edmund Blair)

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