Welcome!

News Feed Item

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

VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 07/28/14 -- Aben Resources Ltd. (TSX VENTURE:ABN) (PINKSHEETS:ABNAF) (FRANKFURT:E2L) is pleased to announce that its 2014 exploration program at its 100% owned 18,314 acre Justin gold-silver-tungsten project has commenced. 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:

http://www.abenresources.com/i/maps/ABN-Justin.jpg

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:

http://www.abenresources.com/i/maps/ABN-Justin-Merged-Mag-Survey.jpg

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:

http://www.abenresources.com/i/maps/ABN_Athabasca_Map_11X17.jpg

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 www.abenresources.com.

ON BEHALF OF THE BOARD OF DIRECTORS

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 www.sedar.com for further information.

Contacts:
Aben Resources Ltd.
James G. Pettit
President
604-687-3376 or Toll Free: 800-567-8181
604-687-3119 (FAX)

Aben Resources Ltd.
Don Myers
Corporate Communications
604-687-3376 or Toll Free: 800-567-8181
604-687-3119 (FAX)
[email protected]
www.abenresources.com

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
"DevOps is set to be one of the most profound disruptions to hit IT in decades," said Andi Mann. "It is a natural extension of cloud computing, and I have seen both firsthand and in independent research the fantastic results DevOps delivers. So I am excited to help the great team at @DevOpsSUMMIT and CloudEXPO tell the world how they can leverage this emerging disruptive trend."
The current age of digital transformation means that IT organizations must adapt their toolset to cover all digital experiences, beyond just the end users’. Today’s businesses can no longer focus solely on the digital interactions they manage with employees or customers; they must now contend with non-traditional factors. Whether it's the power of brand to make or break a company, the need to monitor across all locations 24/7, or the ability to proactively resolve issues, companies must adapt to...
You want to start your DevOps journey but where do you begin? Do you say DevOps loudly 5 times while looking in the mirror and it suddenly appears? Do you hire someone? Do you upskill your existing team? Here are some tips to help support your DevOps transformation. Conor Delanbanque has been involved with building & scaling teams in the DevOps space globally. He is the Head of DevOps Practice at MThree Consulting, a global technology consultancy. Conor founded the Future of DevOps Thought Leade...
DXWorldEXPO LLC announced today that ICC-USA, a computer systems integrator and server manufacturing company focused on developing products and product appliances, will exhibit at the 22nd International CloudEXPO | DXWorldEXPO. DXWordEXPO New York 2018, colocated with CloudEXPO New York 2018 will be held November 11-13, 2018, in New York City. ICC is a computer systems integrator and server manufacturing company focused on developing products and product appliances to meet a wide range of ...
René Bostic is the Technical VP of the IBM Cloud Unit in North America. Enjoying her career with IBM during the modern millennial technological era, she is an expert in cloud computing, DevOps and emerging cloud technologies such as Blockchain. Her strengths and core competencies include a proven record of accomplishments in consensus building at all levels to assess, plan, and implement enterprise and cloud computing solutions. René is a member of the Society of Women Engineers (SWE) and a m...
In his session at 20th Cloud Expo, Mike Johnston, an infrastructure engineer at Supergiant.io, discussed how to use Kubernetes to set up a SaaS infrastructure for your business. Mike Johnston is an infrastructure engineer at Supergiant.io with over 12 years of experience designing, deploying, and maintaining server and workstation infrastructure at all scales. He has experience with brick and mortar data centers as well as cloud providers like Digital Ocean, Amazon Web Services, and Rackspace. H...
Everyone wants the rainbow - reduced IT costs, scalability, continuity, flexibility, manageability, and innovation. But in order to get to that collaboration rainbow, you need the cloud! In this presentation, we'll cover three areas: First - the rainbow of benefits from cloud collaboration. There are many different reasons why more and more companies and institutions are moving to the cloud. Benefits include: cost savings (reducing on-prem infrastructure, reducing data center foot print, redu...
DXWorldEXPO | CloudEXPO are the world's most influential, independent events where Cloud Computing was coined and where technology buyers and vendors meet to experience and discuss the big picture of Digital Transformation and all of the strategies, tactics, and tools they need to realize their goals. Sponsors of DXWorldEXPO | CloudEXPO benefit from unmatched branding, profile building and lead generation opportunities.
Founded in 2000, Chetu Inc. is a global provider of customized software development solutions and IT staff augmentation services for software technology providers. By providing clients with unparalleled niche technology expertise and industry experience, Chetu has become the premiere long-term, back-end software development partner for start-ups, SMBs, and Fortune 500 companies. Chetu is headquartered in Plantation, Florida, with thirteen offices throughout the U.S. and abroad.
DevOpsSummit New York 2018, colocated with CloudEXPO | DXWorldEXPO New York 2018 will be held November 11-13, 2018, in New York City. Digital Transformation (DX) is a major focus with the introduction of DXWorldEXPO within the program. Successful transformation requires a laser focus on being data-driven and on using all the tools available that enable transformation if they plan to survive over the long term.
The technologies behind big data and cloud computing are converging quickly, offering businesses new capabilities for fast, easy, wide-ranging access to data. However, to capitalize on the cost-efficiencies and time-to-value opportunities of analytics in the cloud, big data and cloud technologies must be integrated and managed properly. Pythian's Director of Big Data and Data Science, Danil Zburivsky will explore: The main technology components and best practices being deployed to take advantage...
Most DevOps journeys involve several phases of maturity. Research shows that the inflection point where organizations begin to see maximum value is when they implement tight integration deploying their code to their infrastructure. Success at this level is the last barrier to at-will deployment. Storage, for instance, is more capable than where we read and write data. In his session at @DevOpsSummit at 20th Cloud Expo, Josh Atwell, a Developer Advocate for NetApp, will discuss the role and value...
CloudEXPO New York 2018, colocated with DXWorldEXPO New York 2018 will be held November 11-13, 2018, in New York City and will bring together Cloud Computing, FinTech and Blockchain, Digital Transformation, Big Data, Internet of Things, DevOps, AI, Machine Learning and WebRTC to one location.
SYS-CON Events announced today that DatacenterDynamics has been named “Media Sponsor” of SYS-CON's 18th International Cloud Expo, which will take place on June 7–9, 2016, at the Javits Center in New York City, NY. DatacenterDynamics is a brand of DCD Group, a global B2B media and publishing company that develops products to help senior professionals in the world's most ICT dependent organizations make risk-based infrastructure and capacity decisions.
Dynatrace is an application performance management software company with products for the information technology departments and digital business owners of medium and large businesses. Building the Future of Monitoring with Artificial Intelligence Today we can collect lots and lots of performance data. We build beautiful dashboards and even have fancy query languages to access and transform the data. Still performance data is a secret language only a couple of people understand. The more busi...