December 2017 Forward Looking Statements This presentation includes - - PowerPoint PPT Presentation
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
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.
ABN: TSX Venture ABNAF: US OTC Pink Symbol E2L2: Frankfurt Shares Outstanding: 53,248,149 Fully Diluted: 82,278,194 Recent Price: $0.12
Trading Symbols / Share Structure
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.
Management and Board of Directors
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
- unces from feed averaging
7.91 g/t
Morelli and MacLachlan, 2012
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
District Geology
- Similar geology and
structure to Seabee/Santoy
– Pine Lake volcanics (green) & Gabbro host (purple) – Primary Tabbernor Fault (blue line) – Proximal splay 2nd-3rd
- rder faults (red lines)
– Tertiary controlling faults (yellow lines)
Regional Geology
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
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
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
2016 Airborne Geophysics
- Effective in delineating diorite/gabbro lithology
Total Magnetics Vertical Gradient Magnetics
Seabee / Santoy Similarities
- Shear hosted gold bearing quartz
veining in secondary splays
- Multi-episodic tension gash, ribbon
and sheeted quartz vein arrays
- Gabbro and granite host rocks
- Positive gold, copper and silver
geochemical associations
- Potassic, carbonate, hematite, calc-
silicate and silica alteration
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