Aben conducts airborne magnetic survey at Pringle North

Sep 8, 2021

2021-09-07 14:35 ET – News Release

Mr. James Pettit reports

ABEN RESOURCES LTD COMPLETES AIRBORNE MAGNETIC SURVEY AT PRINGLE NORTH PROJECT IN RED LAKE, ONTARIO

Aben Resources Ltd. has once again resumed exploration in the Red Lake area as the fires have abated. As a result, the airborne magnetometer survey that Aben commissioned for its 100-per-cent-owned Pringle North property in Red Lake, Ont., has now been completed and detailed interpretive work is under way.

About Pringle North gold project

The property consists of five contiguous mining claims covering approximately 1,881 hectares. The property is 60 kilometres north of the town of Red Lake and is located 15 kilometres east of the all-weather Nungesser Road. This area has been recently identified by the Ministry of Energy, Northern Development and Mines Recommendations for exploration 2020-2021 for its deep-seated structural similarities that are associated with the Red Lake gold camp and Great Bear Resource’s Dixie gold project. This deep-seated structure (named the E-1 extensional fault) that occurs along this trend was delineated by seismic surveys and is considered a third deep-tapping structure that may have provided fluid pathways for gold mineralization to the mines and recent discoveries in the region. Age determination (by Sanborn et al., 2004) dates this sedimentary belt and assigns it to the Balmer assemblage, which is host to the gold mines in the Red Lake camp.

Update on Forrest Kerr gold project

The field crew has just returned from the Forrest Kerr project after three weeks of property-wide prospecting and geological mapping. Fieldwork was directed toward tracing out mineralized trends outboard of the high-grade precious metal mineralization present in the Boundary Valley, located near the centre of the 23,397-hectare property. Field reconnaissance activities took place across the entirety of the Forrest Kerr claim group and successfully contributed a greater understanding of the controls on existing gold mineralization and the potential for discovering new precious metal mineralization. The Forrest Kerr property hosts highly altered Mesozoic rocks that reflect a robust and widespread hydrothermal system with proven high-grade mineralization and real potential for more sizeable discoveries.

About Aben Resources Ltd.

Aben is a Canadian gold exploration company developing gold-focused projects in British Columbia and the Yukon Territory. Aben is a well-financed junior exploration company. Cornell McDowell, PGeo, vice-president of exploration for Aben Resources, has reviewed and approved the technical aspects of this news release and is the qualified person as defined by National Instrument 43-101.

We seek Safe Harbor.

https://www.abenresources.com/