PHOENIX, May 31, 2018 (GLOBE NEWSWIRE) — CEO of Aben Resources, Ltd. (OTCQB:ABNAF) (TSX-V:ABN) (the “Company”), James Pettit, recently appeared on “Stock Day” to speak with host Everett Jolly about the Company’s recent drilling projects and plans for the upcoming year.
Aben Resources Ltd. is a Canada-based gold exploration company with 3 projects located in Western Canada. The Company had significant success from their first season of drilling the North Boundary Zone in the Golden Triangle region of B.C last year, with twenty-five hundred meters in total drilled across nine holes. As a result of this success, the Company will start drilling earlier in the season than last year, a move that Pettit believes to be beneficial to the Company as it will allow earlier and quicker access to the assay labs. Aben Resources has 3.2 million dollars in the till and they are hoping to use these funds to expand their drilling this season. The Company will double the amount of drilling they complete this year in comparison to last. “Based on what we learned last year we are confident that we’ll have a high degree of success with our drilling this year. ”When approaching targets like this in the Golden Triangle, their plan of action is to “hit the North Boundary Zone very hard, and stay in the zone,” according to Pettit.
“Stock Day” host Everett Jolly believes the Company’s stock is absolutely undervalued. ABNAF recently began trading on the OTCQB, with shares selling for 15 cents and the market cap hovering at 9 million dollars. Anticipation for the Company’s upcoming drilling program is expected to drive the stock’s price up further. Pettit is optimistic about the Company’s future. “This is a very unique area to be working in, in terms of potential for high grade discovery. We know a lot more than we did going into last year,” he said.
For more details about the company’s drilling success, plans for the upcoming year, and the Golden Triangle projects, listen to the full interview at the link below.
About Aben Resources, Ltd.
Aben Resources Ltd. (TSX-V:ABN) is a publicly traded Canadian GOLD exploration company with significant projects in BRITISH COLUMBIA, SASKATCHEWAN and the YUKON. The Company’s flagship 23,000 hectares FORREST KERR GOLD PROJECT is located in the heart of a region called the GOLDEN TRIANGLE in northwestern British Columbia. This region has hosted significant mineral deposits including: Pretium (Brucejack), Eskay Creek, Snip, Galore Creek, Copper Canyon, Schaft Creek, KSM, Granduc, Red Chris and more. Aben is acquiring a 100% interest in the Forrest Kerr Project located along the Forrest Kerr Fault which consists of a 40 km long north-south belt overlying rocks of the Hazelton and Stuhini Groups, a complex assemblage of volcanic accumulations with intervening sedimentary sequences which are host to significant gold deposits in the Golden Triangle region. Aben also holds a 100% interest in the 7,400 hectares JUSTIN GOLD PROJECT located in the southeast Yukon. The Justin Project is located on the Tintina Gold Belt to the immediate southeast of Golden Predator’s 3 Aces gold project. Previous drilling by Aben on the Justin Project intercepted 60 meters of 1.19 g/t Gold including 21 meters of 2.47 g/t Gold in the POW Zone. The geochemical signature of the mineralized zone is characterized by elevated Au, Bi, Cu, Mo and W supporting an Intrusion Related Gold System (IRGS).
Safe Harbor Act
This press release includes “forward-looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Actual results may differ from expectations, estimates and projections and, consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “continue,” and similar expressions are intended to identify such forward-looking statements. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results.
Aben Resources, Ltd.
Jim Pettit, President & CEO
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