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Aben Minerals Ltd V.ABM

Alternate Symbol(s):  ABNAF

Aben Minerals Ltd. is a Canadian gold exploration company with exploration projects in the Yukon Territory and British Columbia. The Company’s projects include Justin Gold Project and Forrest Kerr Gold Project. It holds a 100% interest in the 7,400-hectare Justin Gold Project. The property is located in the southeast Yukon on the Tintina Gold Belt to the immediate southeast of Seabridge Gold’s 3 Aces Project. The Justin Project is approximately 35 kilometers southeast of the Cantung Mine and has an all-season road running through the claims. It also has a 100 % interest in Forrest Kerr Gold Project, which is located in the heart of the Golden Triangle in northwestern British Columbia, Canada. Forrest Kerr Gold Project covers approximately 20,197 hectares. Its exploration activity at Forrest Kerr is focused on two primary zones: the North Boundary zone, which runs parallel to the Nelson Creek Fault zone, and the South Boundary zone, which runs parallel to the Benchlands Fault zone.


TSXV:ABM - Post by User

Post by lithomonon Jun 21, 2020 6:12pm
204 Views
Post# 31174843

Boots on the 2oz High Grade Discovery Zone

Boots on the 2oz High Grade Discovery Zone
Would be great to see ABN hit it really big just West and South of the High Grade 2oz Gold North Boundary discovery hole. 
 
Pettit always has a good handle on where the company is at geologically.
Would be good to see a little more luck on the drill bit. 
His geo's need to sharpen up and find him more gold at Forest Kerr. 
 
For a non-geologist, Pettit does a very good job of clearly explaining the technical aspects of what the company has discovered to date, and the new targets to be followed up based on new discovery not previously known about, for instance, the discovery of a new "major" North/South fault zone on the West side of the valley, just WEST of the Kerr fault running on the West side of the Aben Gold property.  
 
Aben has one drill hole from the 2018 program where drilled across the Nelson Creek Fault and into this New fault area and found to be widely mineralized (looks the same, scales the same at the end of that hole).
A significant deflection to the North East of this new fault - Mag target discovery area is where the 2018 "bonanza" high grade Gold zone was intersected at the North Boundary. 
So, an opportunity for the geo's to connect this 
new fault area to the High Grade North Boundary. 
 
With this new major fault discovery & Big mag Anomaly that previously went unnoticed due to "scree" slope cover, it now appears that Aben is onto something really significant just West and South of the 2018 "bonanza Gold Grade" drill hole of 2 oz's Gold over 20 feet & 1 oz Gold over 33 feet.
 
Makes sense, good strategy, regroup to the initial bonanza Gold discovery, look at the data, charts, geophysics, etc... and build upon that known higher grade Gold discovery area. 
 
The market is right as the price of Gold gradually inches it way towards the price of Palladium ($2,000/$2,000).
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