december 2017 forward looking statements
play

December 2017 Forward Looking Statements This presentation includes - PowerPoint PPT Presentation

December 2017 Forward Looking Statements This presentation includes certain forward-looking statements within the meaning of applicable securities legislation. These statements are based on managements current expectations and are


  1. December 2017

  2. Forward Looking Statements This presentation includes certain “forward-looking statements” within the meaning of applicable securities legislation. These statements are based on management’s current expectations and are naturally subject to certain uncertainty and changes in circumstances. Actual results may vary materially from the expectations contained herein due to changes in economic, business, competitive and/or regulatory factors. Aben Resources Ltd. is under no obligation to (and expressly disclaims any such obligation to) update or alter its forward-looking statements whether as a result of new information, future events or otherwise. The reader is cautioned not to place undue reliance on forward-looking statements. Technical aspects of this presentation have been reviewed and approved by Mr. Jarrod Brown, P.Geo, hereby identified as the qualified person in accordance with National Instrument 43-101.

  3. Trading Symbols / Share Structure ABN: TSX Venture ABNAF: US OTC Pink Symbol E2L2: Frankfurt Shares Outstanding: 53,248,149 Fully Diluted: 82,278,194 Recent Price: $0.12

  4. Management and Board of Directors Ron Netolitzky – Chairman, Director Mr. Netolitzky has been very successful in mining exploration with over 35 years of experience and having been directly associated with three major gold discoveries in Canada that have subsequently been put into production; Eskay Creek, Snip and Brewery Creek. 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. He is currently a director of several publicly traded exploration companies. Mr. Netolitzky has been honored with the Prospector of the Year award from the PDAC, and Developer of the Year award from the BC & Yukon Chamber of Mines. In 2015, he was inducted into the Canadian Mining Hall of Fame. James G. Pettit – President, Director Jim Pettit has been President & CEO and a Director of Aben Resources Ltd. since November 2002. Mr. Pettit is currently serving on the board of directors of five publicly traded companies and offers over 25 years of experience within the industry specializing in finance, corporate governance, executive management and compliance. Jim was previously Chairman and CEO of Bayfield Ventures Corp. which was bought by New Gold Inc. in January 2015. Timothy Termuende – P.Geo., Director Tim Termuende serves as a Director of Aben Resources Ltd. 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. Mr. Termuende is currently the President and Chief Executive Officer of Eagle Plains Resources Ltd. in addition to serving as a 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 been personally involved in exploration within the Forrest Kerr, BC area in the early 1990's. 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.

  5. Regional Tenure Silver Standard completed • acquisition of Claude Resources May 2016 Deal valued at $337 million • Seabee/Santoy achieved • highest annual gold production in it’s 26 year history in 2016 @ 77,640 ounces from feed averaging 7.91 g/t

  6. District Geology Morelli and MacLachlan, 2012

  7. District Geology Major Trans-Hudson crustal • feature 1500+ km, oblique to major boundaries Long history of re-activation • Passes within 8km of Santoy • and 100 km of 40M oz Homestake, SD Numerous gold showings on • trend in Saskatchewan

  8. Regional Geology Similar geology and • structure to Seabee/Santoy Pine Lake volcanics (green) – & Gabbro host (purple) Primary Tabbernor Fault – (blue line) Proximal splay 2 nd -3 rd – order faults (red lines) Tertiary controlling faults – (yellow lines)

  9. Property Geology & Highlights Two north trending diorite • lenses (100-300m wide) in granite/granodiorite Previous operators: Corona, • Cameco, Wayne Fisher, Northwind Resources Chico Trend extends over • 1.5kms Over 100 samples > 500 • ppb in eight trenched areas

  10. Property Geology & Highlights Historic and 2016 Soil • samples consistently anomalous along Chico Trend up to 4523 ppb Best results from ribbon • quartz vein stockwork within shear zone especially near contacts Right lateral shear system • understood but largely untested

  11. Property Geology & Highlights Significant intercepts in all • holes drilled to date High grade intercepts from • historic drilling – 0.424 oz/ton Au over 0.4m at Chico showing – 0.281 oz/ton Au over 2.0m at Royex Historic drilling was shallow. • Opportunity to test along known strike and at depth

  12. 2016 Airborne Geophysics Effective in delineating diorite/gabbro lithology • Total Magnetics Vertical Gradient Magnetics

  13. Seabee / Santoy Similarities Shear hosted gold bearing quartz Positive gold, copper and silver • • veining in secondary splays geochemical associations Multi-episodic tension gash, ribbon Potassic, carbonate, hematite, calc- • • and sheeted quartz vein arrays silicate and silica alteration Gabbro and granite host rocks •

  14. Future Work Project is drill ready – drilling permits • have been obtained Along strike and to depth near – previous high grade intercepts Soil/rock geochemical anomalies – intersecting mineralized vectors – IP Geophysical surveys to help refine • identify additional targets Follow up 2016 geochemical • anomalies in context of new structural interpretation and geophysical data Continued prospecting, geochemical • surveys and mapping

  15. CONTACT INFO. Jim Pettit: President & CEO Don Myers: Investor Relations Suite 1610, 777 Dunsmuir Street Vancouver, BC, V7Y 1K4, CANADA Tel: (604) 687-3376 Fax: (604) 687-3119 Toll Free: 1-800-567-8181 Web Site: www.abenresources.com Email: info@abenresources.com

Download Presentation
Download Policy: The content available on the website is offered to you 'AS IS' for your personal information and use only. It cannot be commercialized, licensed, or distributed on other websites without prior consent from the author. To download a presentation, simply click this link. If you encounter any difficulties during the download process, it's possible that the publisher has removed the file from their server.

Recommend


More recommend