Click here to close now.


News Feed Item

Aben Resources Announces 2014 Exploration Program at Justin Gold-Silver-Tungsten Project, Southeast Yukon

VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 07/10/14 -- Aben Resources Ltd. (TSX VENTURE: ABN)(PINKSHEETS: ABNAF) (FRANKFURT: E2L) is pleased to announce its 2014 exploration program at its 100% owned 18,314 acre Justin gold-silver-tungsten project. The project area is located in southeast Yukon within the Tintina Gold Belt approximately 35 kilometers southwest of the Cantung Mine and is accessed by an all-season road.

Justin gold-silver-tungsten project location map:

Aben's Justin property is host to numerous styles of intrusion-related mineralization (IRGS), most notably the newly-discovered auriferous gold-silver-tungsten skarn and sheeted vein system which comprise the POW zone. The Justin property area includes the POW, Confluence, Main and Kangas zones which form part of a 12 kilometer-long mineralized corridor. The property area is 35 kilometers from North American Tungsten Corp.'s Cantung tungsten-copper-gold mine, with other significant projects in the area including Golden Predator's Sprogge and 3-Aces properties. With excellent infrastructure and an active mine with similar geology nearby, Aben's Justin project boasts highly-prospective near-surface exploration targets for both gold and tungsten.

Justin project geophysics and areas of interest for drilling:

In 2011, a 2,020 metre ten-hole drill program targeted four separate mineralized zones on the Justin property. During this program a significant new greenfield gold discovery was made at the POW zone, with drill highlights including 60.0 metres of 1.19 g/t gold including 21.0 metres of 2.47 g/t gold in hole JN11009. A total of 1,994 metres were drilled in nine holes during the 2012 field season at the Justin property with highlights including 46.4 metres of 1.49 g/t gold in hole JN12011. All holes completed to target depths at the POW zone have intersected gold mineralization, with the zone open in all directions.

The 2014 Justin property work program will consist of geological mapping and prospecting, trenching, 9.0 kilometers of b-horizon soil geochemical sampling and collection of petrophysical data from existing drill core samples. This work will assist with defining and expanding the known extent of gold and tungsten mineralization on the property and to define targets for future drilling. The Yukon government has approved the project for partial funding through the 2014 YMEP program, which will result in a portion of exploration expenditures being reimbursed to Aben Resources.

The 2014 Justin exploration program will focus on two main areas of interest:

1.  Delineating the extent of hard rock mineralization found at surface at
    the POW zone and surrounding area. Prospecting and trenching will focus
    on evaluating sheeted vein and skarn systems for both gold and tungsten
    potential. Specific target areas have been selected based upon favorable
    geochemical results returned from the 2012 exploration program.

2.  Focus on the southeastern portion of the Justin property where initial
    prospecting and geochemical sampling in 2012 identified a new hard rock
    massive sulphide showing which has been named the Big Swifty.
    Geochemical surveys, prospecting and channel sampling will provide a
    detailed evaluation of the Big Swifty target area and give context to
    it's relationship with the IRGS mineralization recognized in the central
    and northern portions of the Justin property.

The 2014 Justin exploration program is expected to begin by the end of July.

Qualified Person

Tim J. Termuende, P.Geo., a Director of Aben Resources and Qualified Person as defined by National Instrument 43-101, has reviewed and approved the technical information in this release.

In other news, Aben Resources announced (see news release July 8th) that it will be carrying out a Phase 1 Field Program consisting of a ground-based electromagnetic (EM) survey this summer on its 40% owned Mann Lake Uranium Project. The property is strategically located on the east side of the Athabasca Basin, Saskatchewan 25 kilometers southwest of Cameco's McArthur River Mine and 15 kilometers northeast and along strike of Cameco's Millennium uranium deposit.

Aben's Mann Lake property is adjacent to the Mann Lake Joint Venture operated by Cameco (52.5%) with partners Denison Mines (30%) and AREVA (17.5%).

Mann Lake Uranium Project map:

About Aben Resources:

Aben Resources Ltd. is a Canadian gold-silver-tungsten and uranium exploration company with projects in the Yukon, NWT and Saskatchewan's Athabasca Basin.

For further information on Aben Resources Ltd. (TSX VENTURE: ABN), visit our Company's web site at


JAMES G. PETTIT, President

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This release includes certain statements that may be deemed to be "forward-looking statements". All statements in this release, other than statements of historical facts, that address events or developments that management of the Company expects, are forward-looking statements. Although management believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in the forward-looking statements. The Company undertakes no obligation to update these forward-looking statements if management's beliefs, estimates or opinions, or other factors, should change. Factors that could cause actual results to differ materially from those in forward-looking statements, include market prices, exploration and development successes, continued availability of capital and financing, and general economic, market or business conditions. Please see the public filings of the Company at for further information.

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
SYS-CON Events announced today that Machkey International Company will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Machkey provides advanced connectivity solutions for just about everyone. Businesses or individuals, Machkey is dedicated to provide high-quality and cost-effective products to meet all your needs.
Cloud computing delivers on-demand resources that provide businesses with flexibility and cost-savings. The challenge in moving workloads to the cloud has been the cost and complexity of ensuring the initial and ongoing security and regulatory (PCI, HIPAA, FFIEC) compliance across private and public clouds. Manual security compliance is slow, prone to human error, and represents over 50% of the cost of managing cloud applications. Determining how to automate cloud security compliance is critical...
SYS-CON Events announced today that VividCortex, the monitoring solution for the modern data system, will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. The database is the heart of most applications, but it’s also the part that’s hardest to scale, monitor, and optimize even as it’s growing 50% year over year. VividCortex is the first unified suite of database monitoring tools specifically desi...
“The Internet of Things transforms the way organizations leverage machine data and gain insights from it,” noted Splunk’s CTO Snehal Antani, as Splunk announced accelerated momentum in Industrial Data and the IoT. The trend is driven by Splunk’s continued investment in its products and partner ecosystem as well as the creativity of customers and the flexibility to deploy Splunk IoT solutions as software, cloud services or in a hybrid environment. Customers are using Splunk® solutions to collect ...
SYS-CON Events announced today that Secure Infrastructure & Services will exhibit at SYS-CON's 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Secure Infrastructure & Services (SIAS) is a managed services provider of cloud computing solutions for the IBM Power Systems market. The company helps mid-market firms built on IBM hardware platforms to deploy new levels of reliable and cost-effective computing and hig...
SYS-CON Events announced today that JFrog, maker of Artifactory, the popular Binary Repository Manager, will exhibit at SYS-CON's @DevOpsSummit Silicon Valley, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Based in California, Israel and France, founded by longtime field-experts, JFrog, creator of Artifactory and Bintray, has provided the market with the first Binary Repository solution and a software distribution social platform.
SYS-CON Events announced today that Agema Systems will exhibit at the 17th International Cloud Expo®, which will take place on November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Agema Systems is the leading provider of critical white-box rack solutions to data centers through the major integrators and value added distribution channels.
SYS-CON Events announced today that Interface Masters Technologies, provider of leading network visibility and monitoring solutions, will exhibit at the 17th International CloudExpo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Interface Masters Technologies is a leading provider of high speed networking solutions focused on Gigabit, 10 Gigabit, 40 Gigabit and 100 Gigabit Ethernet network access and connectivity products. For over 20 ye...
SYS-CON Events announced today that Harbinger Systems will exhibit at SYS-CON's 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Harbinger Systems is a global company providing software technology services. Since 1990, Harbinger has developed a strong customer base worldwide. Its customers include software product companies ranging from hi-tech start-ups in Silicon Valley to leading product companies in the US a...
Interested in leveraging automation technologies and a cloud architecture to make developers more productive? Learn how PaaS can benefit your organization to help you streamline your application development, allow you to use existing infrastructure and improve operational efficiencies. Begin charting your path to PaaS with OpenShift Enterprise.
Clutch is now a Docker Authorized Consulting Partner, having completed Docker's certification course on the "Docker Accelerator for CI Engagements." More info about Clutch's success implementing Docker can be found here. Docker is an open platform for developers and system administrators to build, ship and run distributed applications. With Docker, IT organizations shrink application delivery from months to minutes, frictionlessly move workloads between data centers and the cloud and achieve 2...
SYS-CON Events announced today that Key Information Systems, Inc. (KeyInfo), a leading cloud and infrastructure provider offering integrated solutions to enterprises, will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Key Information Systems is a leading regional systems integrator with world-class compute, storage and networking solutions and professional services for the most advanced softwa...
As enterprises capture more and more data of all types – structured, semi-structured, and unstructured – data discovery requirements for business intelligence (BI), Big Data, and predictive analytics initiatives grow more complex. A company’s ability to become data-driven and compete on analytics depends on the speed with which it can provision their analytics applications with all relevant information. The task of finding data has traditionally resided with IT, but now organizations increasingl...
DevOps is gaining traction in the federal government – and for good reasons. Heightened user expectations are pushing IT organizations to accelerate application development and support more innovation. At the same time, budgetary constraints require that agencies find ways to decrease the cost of developing, maintaining, and running applications. IT now faces a daunting task: do more and react faster than ever before – all with fewer resources.
In recent years, at least 40% of companies using cloud applications have experienced data loss. One of the best prevention against cloud data loss is backing up your cloud data. In his General Session at 17th Cloud Expo, Bryan Forrester, Senior Vice President of Sales at eFolder, will present how organizations can use eFolder Cloudfinder to automate backups of cloud application data. He will also demonstrate how easy it is to search and restore cloud application data using Cloudfinder.