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Aben Resources Ltd.

Aben Resources Ltd.

Sector: Gold Ores Region: Canada


: | TSX Venture Exchange: ABN | OTC Markets: ABNAF


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 23,000 hectares FORREST KERR GOLD PROJECT is located in the heart of a region called the GOLDEN TRIANGLE in northwestern BC. 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 is also acquiring up to an 80% interest in the 2,915 hectare CHICO GOLD PROJECT located 125 km east of La Ronge, Saskatchewan and 40 km south of Silver Standard Resources' Seabee / Santoy mine complex. Chico property highlights include the presence of a 1.5 km mineralized structural corridor which is confirmed by geophysical surveys, geological mapping and recent soil sample coverage which included numerous highly anomalous samples ranging up to 4.5 g/t gold. Sporadic historical drilling has been completed in the area and has returned high-grade intercepts. Rock samples collected in 2016 along this structural corridor ranged from trace quantities to 20.2 g/t gold. Recent work resulted in numerous high-priority drill targets being identified.

Aben also holds a 100% interest in the 18,314 acre JUSTIN GOLD PROJECT located in the southeast Yukon. The Justin property 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 60m of 1.19 g/t gold including 21m 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).

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Executives

Ronald Netolitzky, Director, Chairman
Ron Netolitzky serves as Chairman and a Director of the Company. Mr. Netolitzky holds a Bachelor of Science degree from the University of Alberta and a M.Sc. degree from the University of Calgary, both in geological sciences.
He has extensive exploration and mine development experience, and is an officer and director of a number of public mining companies currently involved in mineral exploration throughout the world. He was previously Chairman and President of Viceroy Exploration Ltd., which achieved exploration success with its Gualcaymayo gold project in Argentina resulting in the sale of the company to Yamana Gold in 2006. Mr. Netolitzky was also Chairman of Brett Resources Inc., which was acquired by Osisko Mining Corp. in the Spring of 2010.
Mr. Netolitzky has been directly involved in the mineral exploration industry in Western Canada since 1964. His knowledge of mineral exploration and aggressive business acumen resulted in exploration success on three Western Canadian gold and silver projects (all of which became producing mines): the Eskay Creek and Snip deposits in British Columbia and the Brewery Creek deposit in the Yukon. He was honored with the Bill Dennis Prospector of the Year Award in 1990 by the Prospectors and Developers Association of Canada.
James G. Pettit, Director, President
Jim Pettit has been President and a Director of Aben Resources Ltd. since November 2002. Mr. Pettit is currently serving as a Director on the Boards of 7 junior resource companies and offers 15 years experience within the industry specializing in finance, corporate governance, management, and compliance.
He specializes in the early stage development of private, as well as public companies. His background over the past 15 years has been focused primarily within the resource sector where he has managed and directed junior mining companies through good times and bad.
Timothy Termuende, Director, Qualified Person
Tim Termuende serves as a Director of the Company and is a professional geologist with over 30 years experience in the mineral exploration industry and is a Qualified Person as defined by National Instrument 43-101. He is currently the President and Chief Executive Officer of Eagle Plains Resources Ltd. (TSX-V: EPL) and Copper Canyon Resources Ltd. (TSX-V: CPY) in addition to serving as Director of a number of other Public Companies.
Since earning his degree in Geological Sciences at the University of British Columbia in 1987, Mr. Termuende has worked on exploration projects throughout North, Central, and South America, and has inspected mineral deposits in the former Soviet Union. He has been continuously active in mineral exploration throughout western Canada since 1976, and currently oversees a broad range of ongoing exploration projects located throughout British Columbia, Saskatchewan, the Yukon and the Northwest Territories.
Donald C. Huston, Director
Don Huston serves as a Director of the Company and has been associated with the mineral exploration industry for over 25 years. Mr. Huston has extensive experience as a financier and in-field manager of numerous mineral exploration projects in North America. He was born and raised in Red Lake, Ontario and spent 15 years as a geophysical contractor with C.D. Huston & Sons Ltd. as mineral exploration consultants in northern Ontario, Manitoba, and Saskatchewan. Mr. Huston serves as a Director of 5 Canadian public resource companies.

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