Aben Gold Corp. (ABM:TSXV; ABNAF:OTCQB) has now wrapped up its 2026 diamond drilling campaign at the 100%-owned Justin gold-tungsten project in southeastern Yukon, about 25 kilometers from the former Cantung mine, according to a September 16 release.
The program delivered a strong quantified result by completing 1,390.9 meters across eight holes in just 36 operating days, beating the original target of 1,300 meters in six holes. This sets the stage for assay results that could clarify the scale of gold and tungsten mineralization at the site.
Why the Justin Results Matter for Retail Investors Right Now
Retail investors often watch junior explorers for clear milestones that can influence share price movement.
Completing more drilling than planned provides a larger data set as the company awaits laboratory confirmation of mineralization.
Company Position and Project Advantages
Justin covers about 7,400 hectares in the Tombstone gold-tungsten belt and broader Tintina gold province, where Aben holds 100% ownership. The property lies next to Seabridge Gold's 3 Aces project.
This location offers strategic advantages because the area already hosts known gold and tungsten systems, lowering some exploration risk compared with greenfield sites.
Key Assets, Targets, and Next Catalysts
The campaign covered both priority targets, with five holes drilled at the POW gold-tungsten zone and three at the Lost Ace high-grade gold target. Core cutting and sampling remain underway, including work on hole JN26-007, while assays are being processed. JN26-001 and JN26-002 were delivered to Bureau Veritas on August 26 and August 31, respectively, while JN26-003 was submitted to Actlabs in Kamloops on September 9 for expedited analysis. Samples from JN26-004 through JN26-008 are being prepared for shipment, with results to be released as they are received and reviewed.
The drilling sought to establish the continuity and depth of gold-tungsten mineralization at POW while testing structurally controlled, high-grade gold at Lost Ace. Massive sulphides and ultraviolet indications of scheelite (WO3) were observed in POW core, although the company cautioned that visual observations do not replace laboratory assay results.
Broader Sector Timing and Market Context
Fortune Business Insights reported that the global tungsten market reached US$5.43 billion in 2025 and was projected at US$5.78 billion for 2026. Supply concentration remains a major constraint because China produced about 79% of the world's mined tungsten in 2025.
The Oregon Group highlighted the same supply imbalance in research published September 1, reporting that tungsten prices climbed about 310% from January through July.
Gold rebounded sharply on Thursday, climbing more than 2% after touching a nearly six-week low in the previous session, according to a September 17 report by Reuters that was published by CNBC. Gold can benefit from inflation concerns because investors often use the metal as a hedge, but higher interest rates can weigh on demand by making yield-producing assets more attractive.
Views and Valuation Context
The company laid out geological sampling and mapping work to complement its exploration program.
Bob Moriarty of 321gold.com said, "This project has been drilled by other operators in the past, so the company has a fairly good idea of what to expect. Look for initial results to be released soon."
Streetwise Ownership Overview*
Aben Gold Corp. (ABM:TSXV;ABNAF:OTCQB)
| Date | Old Symbol | Old Shares | New Symbol | New Shares |
|---|---|---|---|---|
| 03/22/23 | ABNAD:OTCQB | 10 | ABNAF:OTCQB | 1 |
| 02/22/23 | ABN:TSXV | 10 | ABM:TSXV | 1 |
| 02/22/23 | ABNAF:OTCQB | 10 | ABNAD:OTCQB | 1 |
| 08/13/15 | ABN:TSXV | 6 | ABN:TSXV | 1 |
| 03/03/14 | ABN:TSXV | 10 | ABN:TSXV | 1 |
| 01/31/01 | ABA:TSXV | 10 | ABN:TSXV | 1 |
| 01/31/01 | ABADF:OTCQB | 1 | ABNAF:OTCQB | 1 |
Share Structure and Near-Term Events1
Aben Gold Corp. has a market cap of CA$6.11 million, with 35.75 million shares outstanding. The company's 52-week range is CA$0.07-CA$0.30.
Management and insiders own 5.83% of shares, while the remaining 94.17% of shares are held by retail.
Key Investor Takeaways
- The company exceeded its drill target by completing 1,390.9 meters in eight holes instead of the planned 1,300 meters in six holes.
- Five holes tested the POW gold-tungsten zone, and three tested the Lost Ace high-grade gold target.
- 1,464 samples were collected, with samples being submitted to Bureau Veritas and Actlabs for analysis, and results expected as they are received, reviewed, and interpreted.
- Visual indications of scheelite were noted at POW, but only laboratory assays can confirm grades.
- Tungsten market dynamics include rising prices and concentrated supply, which may influence project relevance if assays are positive.
- Market cap stands at CA$6.11 million with 35.75 million shares outstanding and low insider ownership at 5.83%.1
Frequently Asked Questions
What did Aben Gold announce on September 16? The company completed its 2026 diamond drilling campaign at the 100%-owned Justin gold-tungsten project in southeastern Yukon, drilling 1,390.9 meters across eight holes over 36 operating days.
Where was the drilling focused? Five holes targeted the POW gold-tungsten zone, and three tested the Lost Ace high-grade gold target.
What happens next with the samples? The program generated 1,464 samples, with samples being submitted to Bureau Veritas and Actlabs for analysis. Results will be released as they are received, reviewed, and interpreted.
What historical intercepts support the targets? Historical drilling at POW includes 1.25 g/t gold over 60 meters, and Lost Ace trench sampling returned 20.8 g/t gold over 4.4 meters.
Why does the tungsten market context matter? Tungsten prices rose about 310% from January to July 2026, while China produced approximately 79% of global mined tungsten in 2025, according to The Oregon Group.
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Important Disclosures:
- Jordan Nova wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee.
- This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company.
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1. Ownership and Share Structure Information
The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.
