Announcement Date: | 2022-03-07 |
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Announcement Type: | Drilling Results |
Announcement Code: | NI43-101 |
Company name: | Aton Resources Inc. |
Project name: | Abu Marawat |
Location: | Egypt |
Commodities: | Gold,Silver,Copper,Lead,Zinc |
Highlight: | Drilling results incl. 129.5m @ 1.0g/t Au, 8.8g/t Ag, 0.03% Cu, 0.01% Pb, 0.6% Zn from 0.0m |
Resources: | only available to subscribers |
CP/QP: | only available to subscribers |
Announcement summary: | Vancouver, British Columbia, March 7, 2022: Aton Resources Inc. (AAN: TSX-V) (“Aton” or the “Company”) is very pleased to update investors on the latest tranche of results from the Phase 2 diamond drilling programme at its advanced Rodruin gold exploration project. Rodruin is located in the Company’s 100% owned Abu Marawat Concession (“Abu Marawat” or the “Concession”), in the Eastern Desert of Egypt. The Rodruin prospect was discovered in December 2017 by Aton geologists (see news release dated December 14, 2017), and is located approximately 18km east of the Company’s Hamama West mineral deposit (Figure 1). During 2018 Aton constructed a c. 4.5km access road to the prospect, and undertook a highly successful 50 hole Phase 1 reverse circulation percussion (“RC”) drilling programme at Rodruin, which returned mineralised intersections including 36m grading 12.47 g/t Au and 9.3 g/t Ag, from 5m downhole depth (hole ROP-003, see news release dated October 1, 2018) and 61m grading 1.55 g/t Au and 8.9 g/t Ag, from 111m (hole ROP-050, see news release dated January 29, 2019). The Phase 2 diamond drilling programme at Rodruin commenced in late November 2021, and results reported to date include 48.00m grading |
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