Aton announces the start of the Phase II diamond drilling programme at Rodruin
November 23 2021 - 7:00AM
Aton Resources Inc. (AAN: TSX-V) (“Aton” or the “Company") is
pleased to update investors on the start of diamond drilling at its
Rodruin gold exploration project (Figure 1), located in the
Company’s 100% owned Abu Marawat Concession (“Abu Marawat” or the
“Concession”), in the Eastern Desert of Egypt.
“We are delighted to announce the start of the
second phase diamond drilling programme at Rodruin,” said Tonno
Vahk, Interim CEO. “It has been a long and rocky road to this new
programme, but we are very happy to now be finally back drilling,
as we aim to unlock the potential of the Rodruin gold project, as
well as continuing to advance the Hamama West project and the
remainder of our highly prospective Abu Marawat Concession.”
Figure 1: Geology plan of the
Abu Marawat Concession showing the location of the Rodruin
project
https://www.globenewswire.com/NewsRoom/AttachmentNg/5e38414f-a30a-4252-aebb-ca8b50da70ab
Rodruin diamond drilling
programme
In June 2021 the Company contracted Energold
Drilling (EMEA) Limited (“Energold”) to undertake an initially
planned 3,350m diamond drilling programme at Rodruin (see news
release dated June 14, 2021). Energold who are regarded as one of
the world’s premier mineral exploration drilling companies, and
have one of the world’s largest drilling fleets, consisting of some
160 rigs, are known specialists in drilling in difficult terrain
such as that at Rodruin. Energold have supplied a Global Drilling
ID500-G track-mounted rig (Figure 2), which is specially engineered
to be able to drill horizontal and very shallow holes, as well as
more conventional inclined and vertical holes, has a small
footprint and is ideal for the rugged conditions at the Rodruin
project.
Figure 2: Energold’s ID500-G rig
drilling on the first hole of the new programme, ROD-051
https://www.globenewswire.com/NewsRoom/AttachmentNg/248fda34-2747-4588-b518-838791cee9e0
The containerised drill rig arrived onsite at
Rodruin on November 11, 2021 and was reassembled by Energold’s
drilling crew, prior to tracking up the 4.5km access road to the
Rodruin drill sites. The last shipment of ancillary equipment
arrived onsite on November 17, 2021, and drilling commenced on
November 22, 2021.
Drilling will be supervised by Aton’s
experienced exploration team, who discovered the Rodruin deposit in
2017, with drill samples being sent to ALS Minerals sample
processing facility in Marsa Alam, Egypt, prior to being exported
to ALS laboratories in Europe for geochemical analysis. The first
assay results from this drill programme can be expected in January
2022.
The programme has been designed to resolve some
of the structural complexities of the Rodruin mineralisation, as
well as rapidly advancing the project with Aton’s objective being
to produce a maiden resource at the Rodruin project in the shortest
time frame possible. Widespread gold mineralisation has been, and
continues to be identified at surface at Rodruin (see news release
dated November 3, 2021). The phase one reverse circulation
percussion (“RC”) drilling programme intersected wide zones of
oxide mineralisation from surface, as well as in deeper sulphide
zone mineralisation. The new drilling will also follow up on
mineralisation intersected in the RC drilling, which returned
intersections including 36m @ 12.47 g/t Au (see
news release dated October 1, 2018). Drilling will be undertaken at
the Aladdin’s Hill, Central Buttress, Spiral Pit and GF zones (see
news release dated January 29, 2019), as well as targeting
currently undrilled mineralisation on the North Ridge which has
returned assays of up to 321 g/t Au from surface samples (see news
release dated February 6, 2018).
About
Aton Resources Inc. |
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Qualified person |
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Aton Resources Inc. (AAN: TSX-V) is focused on its 100% owned Abu
Marawat Concession (“Abu Marawat”), located in Egypt’s
Arabian-Nubian Shield, approximately 200 km north of Centamin’s
world-class Sukari gold mine. Aton has identified numerous gold and
base metal exploration targets at Abu Marawat, including the Hamama
deposit in the west, the Abu Marawat deposit in the northeast, and
the advanced Rodruin exploration prospect in the south of the
Concession. Two historic British gold mines are also located on the
Concession at Sir Bakis and Semna. Aton has identified several
distinct geological trends within Abu Marawat, which display
potential for the development of a variety of styles of precious
and base metal mineralisation. Abu Marawat is 447.7 km2 in size and
is located in an area of excellent infrastructure; a four-lane
highway, a 220kV power line, and a water pipeline are in close
proximity, as are the international airports at Hurghada and
Luxor. |
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The technical information contained in this News Release was
prepared by Javier Orduña BSc (hons), MSc, MCSM, DIC, MAIG, SEG(M),
Exploration Manager of Aton Resources Inc. Mr. Orduña is a
qualified person (QP) under National Instrument 43-101 Standards of
Disclosure for Mineral Projects. |
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For further information regarding Aton Resources Inc., please visit
us at www.atonresources.com or contact: |
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TONNO VAHK |
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Interim CEO |
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Tel: +1 604 318 0390 |
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Email: info@atonresources.com |
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Note Regarding Forward-Looking Statements |
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Some of the statements contained in this release are
forward-looking statements. Since forward-looking statements
address future events and conditions; by their very nature they
involve inherent risks and uncertainties. Actual results in each
case could differ materially from those currently anticipated in
such statements. |
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Neither TSX Venture Exchange nor its Regulation Services Provider
(as that term is defined in policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this
release. |
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