Phoenix, Arizona--(Newsfile Corp. - October 31, 2019) - The Stock Day Podcast welcomed Aben Resources Ltd. (OTCQB: ABNAF) ("the Company"), a Canadian gold exploration company developing gold-focused projects in British Columbia and the Yukon Territory. President and CEO of the Company, James Pettit, joined Stock Day host Everett Jolly.
Jolly began the interview by asking about the progression of the Company's 2019 drilling program. "This year is more of a regional exploration program. We've moved away from the northern boundary zone, which was giving us all of the high grade results last year," said Pettit, adding that the Company made the decision to explore this area based on the positive indicators provided from this zone. "We're hitting a lot of gold. There's a lot of mineralization in all of the holes," shared Pettit, explaining that the mineralization is lower grade, but represents significant potential.
Pettit then shared that the Company's 2019 drilling program is focused on steepening the angles of the holes. "We will have drilled 9,600 meters this year, which is a lot of drilling," shared Pettit, adding that the Company drilled 10,000 meters last year. "We've got a lot of data and a lot of knowledge for this valley that we are in. It's a pretty extensive valley in terms of mineralization," said Pettit. He further explained that the Company has recently drilled into a new horizon. "We hit into what I call the 'Eskay Formation'," said Pettit, adding that Eskay Creek was one of the richest gold and silver mines in the world upon its discovery. "We have tapped into it. So, when we go back next year, we're going to be taking a serious look at this horizon."
"What have we learned about the exploration program to date?" asked Jolly regarding the Company's Forrest Kerr Gold Project. "Well we've learned that it is pretty rich in mineralization," said Pettit. "The more we study it, the more we learn. We have seven more holes to report on over the next two weeks," shared Pettit, adding that data has shown the potential of a heat source, which would indicate a feeder system. "We're learning, we're on to something, and it's just going to take more work."
Jolly then asked about the Company's plans for the fall and winter, given the limited drilling schedule at the Forrest Kerr Gold Project. Pettit explained that the Company is considering a drill program at their Chico Gold Project in Saskatchewan. "It's good to drill there in the winter," explained Pettit.
In closing, Pettit shared that the value of gold, as a commodity, has continued to increase, while interest in this sector has also increased. He also added that although the Company is drilling lower grade gold compared to its 2018 drilling program, they continue to find significant mineralization in the Boundary Zone. "It's still there, it's still gold. It's where we want to be," closed Pettit.
To hear James Pettit's entire interview, follow the link to the podcast here: https://audioboom.com/posts/7411593-aben-resources-ltd-updates-the-stock-day-podcast-on-its-forrest-kerr-gold-projects-boundary-zone
About Aben Resources:
Aben Resources is a Canadian gold exploration company developing gold-focused projects in British Columbia and the Yukon Territory. Aben is a well-funded junior exploration company with over $1.5 million in the Company's treasury.
For further information on Aben Resources Ltd. (TSXV: ABN), visit our Company's web site at www.abenresources.com.
ABEN RESOURCES LTD.
JAMES G. PETTIT
President & CEO
For further information contact myself or:
Aben Resources Ltd.
Director, Corporate Communications
Toll Free: 800-567-8181
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This release includes certain statements that may be deemed to be "forward-looking statements". All statements in this release, other than statements of historical facts, that address events or developments that management of the Company expects, are forward-looking statements. Although management believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in the forward-looking statements. The Company undertakes no obligation to update these forward-looking statements if management's beliefs, estimates or opinions, or other factors, should change. Factors that could cause actual results to differ materially from those in forward-looking statements, include market prices, exploration and development successes, continued availability of capital and financing, and general economic, market or business conditions. Please see the public filings of the Company at www.sedar.com for further information.
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