Aben Resources (TSX-V:ABN) said its first drill hole at its Forrest Kerr project showed multiple high-grade zones including 62.4 g/t gold over 6.0m within 38.7 g/t gold over 10.0m.
The junior was up 50 percent today to 30.5 cents.
“The high-grade gold and base metal values in the first hole of the 2018 drill program have far exceeded our expectations and confirm the presence of a robust and strong mineralizing system at the recently discovered North Boundary Zone,” said Jim Pettit, President and CEO of Aben Resources in a news release.
“We are now looking at an area that extends 230m south to the historic high-grade Noranda drill hole from 1991 and although the geology is complex we believe more drilling will delineate additional high-grade mineralization.”
The company highlighted the findings:
Aben Resources is a Canadian gold exploration company with projects in British Columbia’s Golden Triangle, the Yukon and Saskatchewan.
Written with material from Aben Resources news release. Creative Commons image of helicopter courtesy of Forest and Kim Starr.