Aben Resources Ltd. is pleased to provide an update on the Pringle North Project located 55 kilometers north of the prolific Red Lake Gold Camp in Ontario. The Pringle North Property straddles the interpreted northern extension of the deep-seated geologic structures that host many of the gold deposits within the Red Lake Gold Camp. The newly termed 'Red Lake Extension' is a crustal-scale extensional feature identified by [...]
Aben Resources Ltd. has received Regulatory Approval from the TSX Venture Exchange for the option agreement on the Slocan Graphite Property between Aben Resources and Eagle Plains Resources . Aben now holds the exclusive right to earn a 100% interest, less 2% Net Production Royalty in the road-accessible Slocan Graphite Project located 34km northwest of Castlegar, British Columbia . The Slocan Graphite project consists of [...]
Aben Resources Ltd. announces that it has granted 2,345,800 incentive stock options to its directors, officers, employees and consultants. The Options are exercisable at $0.05 per share for a period of three years from the date of grant. The Options have been granted under and are governed by the terms of the Company's incentive stock option plan. About Aben Resources: Aben Resources is a Canadian gold and graphite [...]
Aben Resources Ltd. has executed a formal option agreement with Eagle Plains Resources Ltd. whereby Aben holds the exclusive right to earn a 100% interest, less 2% Net Production Royalty in the road-accessible Slocan Graphite Project located 34km northwest of Castlegar, British Columbia . Under terms of the Agreement, Aben must complete $1,000,000 in exploration expenditures, issue 850,000 common shares and make $150,000 [...]
Aben Resources Ltd. is pleased to report that exploration in the Red Lake area has once again resumed as the fires have abated. As a result, the airborne magnetometer survey that Aben commissioned for its 100% owned Pringle North Property in Red Lake, Ontario has now been completed and detailed interpretive work is underway. Figure 1. Regional Location Map [...]
Eric Sprott announces that on August 21, 2021, 6,666,667 common share purchase warrants of Aben Resources Ltd., expired unexercised representing a decrease in holdings of approximately 4.8% of the outstanding common shares on a partially diluted basis since the date of the last early warning report. Prior to the expiry of these Warrants, Mr. Sprott beneficially owned and controlled 6,866,667 Shares and 6,666,667 Warrants [...]
Aben Resources Ltd. is pleased to announce that it has initiated a reconnaissance and field work program at its 100% owned Forrest Kerr Project in BC's Golden Triangle. The 2021 program will consist of additional mapping and sampling in specifically identified areas of the property that have had limited coverage to date and in areas of interest as the property's extensive data base dictates. This program is designed to [...]
Aben Resources Ltd. is pleased to announce that it has formalized an Option Agreement with an arms-length third party whereby the Company will hold the exclusive right to earn a 100% interest in the Pringle North Gold Project located north of the town of Red Lake in the Red Lake Mining District of Northwestern Ontario. Pringle North Gold Project The Property consists of 5 contiguous mining claims covering approximately [...]
Aben Resources Ltd. announces that it has granted 3,398,384 incentive stock options to its directors, officers, employees and consultants. The Options are exercisable at $0.065 per share for a period of two years from the date of grant. The Options have been granted under and are governed by the terms of the Company's incentive stock option plan. About Aben Resources: Aben Resources is a Canadian gold exploration company [...]
Aben Resources Ltd. announces that the Company’s Board of Directors has approved the amendment of certain common share purchase warrants , that were issued by way of private placement, by extending the expiry date one additional year. The Warrants affected are 8,560,000 share purchase warrants issued on June 29, 2017 with an expiry date of December 29, 2020 and exercisable at $0.15 per common share. The new expiry date [...]
Aben Resources Ltd. announces the results of the recently completed drill program from the Forrest Kerr Gold Project. The Company completed two holes for a total of 990.0 meters. The 2020 drill program tested for the mineralized extension of high-grade polymetallic mineralization on the west side of the Nelson Creek Fault Zone. Both holes were collared on the scree-covered west bank of the Boundary Valley, several hundred [...]
Aben Resources Ltd. announces the results of its 2020 Annual General Meeting of shareholders held on Wednesday, October 14, 2020. Shareholders approved all the resolutions detailed in the management information circular of the Company dated September 17, 2020, namely: Fixing the number of the Board of Directors at four and electing all of management’s nominees, namely James Pettit, Donald Huston, Timothy Termuende and [...]