This finding came out of its 2018 exploration program at Justin, in which Aben took 19 channel and 28 chip samples from five trenches, 16 rock samples, 7 till samples and 240 soil samples, all from an area spanning 6 line kilometers. The campaign focused on Lost Ace, which had been shown in 2017 to bear gold. That zone is 2 kilometers west of the POW zone, which in the past demonstrated the potential for bulk tonnage gold mineralization.
Aben's 2018 work at Justin showed a new zone of mineralization in Lost Ace, at the northern end of a 250 meter (250m) "gold-in-soil soil anomaly that remains open in all directions," according to the release. The new discovery "highlights the existence of a multiphase hydrothermal system with the potential for overprinting mineralizing systems."
Specifically, trench TR18-001 returned gold values that averaged 20.8 grams per ton (20.8 g/t) over 4.4m, including 88.2 g/t gold over 1m. Trench TR18-003 returned 0.9 g/t gold also over 1m.
Additional exploration upside exists at Justin in that several high-priority targets within 1 kilometer of the POW zone remain untested and could further expand the gold system there.
Read what other experts are saying about:
1) Doresa Banning compiled this article for Streetwise Reports LLC and provides services to Streetwise Reports as an independent contractor. She or members of her household own securities of the following companies mentioned in the article: None. She or members of her household are paid by the following companies mentioned in this article: None.
2) The following companies mentioned in this article are billboard sponsors of Streetwise Reports: Aben Resources. Click here for important disclosures about sponsor fees. As of the date of this article, an affiliate of Streetwise Reports has a consulting relationship with Aben Resources. Please click here for more information.
3) Comments and opinions expressed are those of the specific experts and not of Streetwise Reports or its officers. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security.
5) From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles and interviews on the site, may have a long or short position in securities mentioned. Directors, officers, employees or members of their immediate families are prohibited from making purchases and/or sales of those securities in the open market or otherwise from the time of the interview or the decision to write an article until three business days after the publication of the interview or article. The foregoing prohibition does not apply to articles that in substance only restate previously published company releases. As of the date of this article, officers and/or employees of Streetwise Reports LLC (including members of their household) own securities of Aben Resources, a company mentioned in this article.