Tag: gold

Aben Resources Announces the Completion of an Airborne Magnetic Survey at the Forrest Kerr Gold Project in BC’s Golden Triangle Region

MotherlodeTV

Aben Resources Ltd. (TSX-V: ABN) (OTCQB: ABNAF) (Frankfurt: E2L2) (“Aben” or “the Company”) announces, further to its news release on May 23rd, the completion of a 173 line kilometer (km) airborne magnetic survey that covered the entire Boundary Zone, located in the central portion of the Forrest Kerr Property. The Boundary Zone has been the main focus of exploration by Aben Resources since 2016. The 2 km by 5 km survey encompassed a large package of gold-bearing rocks from the Hazelton Group, a lithology that hosts several polymetallic mineral deposits in the region. It is expected that the airborne magnetic survey will effectively delineate subsurface geologic structures that are intimately associated to the high-grade gold mineralization previously discovered at the Boundary Zone. Preliminary results from the survey have been received with final deliverables expected well in advance of the onset of drilling in late June. read more

Aben Announces Ambitious Exploration Plans for Justin Gold Project in the Yukon and Forrest Kerr Gold Project in BC’s Golden Triangle Region

MotherlodeTV

Aben Resources Ltd. (TSX-V: ABN) (OTCQB: ABNAF) (Frankfurt: E2L2) (the “Aben or the Company”) is pleased to provide an update on the Company’s plans for the coming 2019 drill season at the 100% owned 7,400-hectare Justin Gold Project in the Yukon and the 23,000-hectare Forrest Kerr Gold Project in the Golden Triangle region of British Columbia. This year, the Company plans to extend its drilling season one month by initiating a 2000-meter drill program at the Justin Gold Project commencing in early June. This program will entail 1350 meters of diamond drilling and 600 meters of Rotary Air Blast drilling (“RAB”), along with prospect generating field work. This program should take 3-4 weeks to complete which will coincide with the commencement of the Forrest Kerr Project 2019 drill program at the end of June. The Forrest Kerr drill program is on track to complete a planned 5000 meters but has the ability to add to the size and scope of the program if results warrant. Aben is well funded and looks forward to the onset of exploration on both of these high-quality Canada-based gold projects. read more

Marathon Gold Announces Q1 2019 Financial Results

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T.MOZ, Marathon Gold

Marathon Gold Corporation (MOZ-TSX) (“Marathon”) announced today its financial results for the three months ended March 31, 2019. Following the completion of the updated preliminary economic assessment (“PEA”) on the Valentine Lake Gold Project in October 2018 and a successful financing transaction in February 2019, Marathon’s current exploration and technical activity is in support of the pre-feasibility study (“PFS”) on the Valentine Gold Project. read more