SAN FRANCISCO, Jan. 04, 2019 (GLOBE NEWSWIRE) -- Aben Resources Ltd. (ABN:TSX.V; ABNAF:OTCQB), a Canadian gold exploration company, recently released final results from its 2018 diamond drilling project at the Forrest Kerr Gold Project.
Company mentioned: Aben Resources Ltd.
Located in British Columbia's Golden Triangle, the summer drilling began in June 2018. In August 2018, management announced multiple shallow high-grade zones at its Forrest Kerr Gold Project. This includes 62.4 g/t gold over 6.0m within 38.7 g/t gold over 10.0m.
The company expects that drilling will begin again in late May 2019. Jim Pettit, Aben's president and CEO, stated that the company was able "to get a lot of good work done this year and [we] have a tremendous amount of data to analyze to help get ready for next year."
"Subsequent to completion of the summer drill program Aben received the much anticipated 5 year Multi-Year Area Based (MYAB) permit, which will allow for more extensive drill programs going forward," the company stated.
Aben also noted that it "maintains a healthy treasury which will allow for an aggressive 2019 exploration program at Forrest Kerr without significant dilution." Eric Sprott is a large strategic shareholder.
In addition to the Forrest Kerr Project, the company has two other projects: the Chico Gold Project in Saskatchewan and the Justin Gold Project in the Yukon.
Continue reading this article: Explorer Fully Funded for 2019 Drilling on the Back of High-Grade Gold Discovery in the Golden Triangle
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The full disclosure is provided at the article's end: Explorer Fully Funded for 2019 Drilling on the Back of High-Grade Gold Discovery in the Golden Triangle