Announcement • Mar 25
Aben Gold Corp. Assesses Historical Tungsten Results and Plans 2026 Exploration Program to Target Both Tungsten and Gold At the Justin Project Aben Gold Corp. was actively assessing the high-grade tungsten results from its October 16, 2014 News Release at the 100% owned Justin Gold Project in southeast Yukon. The Company is simultaneously planning a comprehensive 2026 exploration program that will incorporate both tungsten and gold targets to fully evaluate the multi-metal potential of this highly prospective property. The 2014 re-assay program involved tungsten-specific analysis (WO3) of 230 drill core samples from seven of nine previously drilled holes at the POW Zone. This work was initiated after visible scheelite mineralization was identified in core using short-wave ultraviolet lamps, and anomalous tungsten values were noted in prior multi-element ICP data. Key highlights from the 2014 results included: Hole JN12016: 8.50 metres grading 0.39% WO3, including 1.00 metre grading 1.12% WO3. This interval was coincident with previous gold mineralization of 5.60 metres grading 4.12 g/t Au, including 2.60 metres grading 8.20 g/t Au. Hole JN12013: 28.90 metres grading 0.10% WO3 starting near surface, plus 1.10 metres grading 1.15% WO3. This hole also returned prior gold values of 7.40 metres grading 1.81 g/t Au, including 2.20 metres grading 4.42 g/t Au. Additional intercepts from the 2014 re-assays included 12.00 metres grading 0.25% WO3 (JN11010) and 7.20 metres grading 0.27% WO3 (JN12019), with several higher-grade sub-intervals exceeding 1% WO3. These results, combined with the Project’s strategic location within the Tintina Gold Belt only 35 km southwest of the past-producing Cantung Tungsten Mine, highlight the Justin Project’s potential to host significant tungsten mineralization in addition to its established gold discoveries. The tungsten results referenced above are historical in nature. The Company is not treating the historical tungsten results as current mineral resources or mineral reserves. The Justin Gold Project covers approximately 7,400 hectares and hosts multiple zones of gold and tungsten mineralization. The 2026 program is expected to include diamond drilling, surface sampling, and detailed geological modeling to advance both commodities. Milosz Mielniczuk, B.Sc. P.Geo., V.P. of Exploration for Aben Gold, has reviewed and approved the technical aspects of this news release and is the Qualified Person as defined by National Instrument 43-101. Announcement • Feb 12
Aben Gold Corp. Appoints Mike Burke to Advisory Board Aben Gold Corp. has appointed Mike Burke, B.Sc., P.Geo., to its Advisory Board. Mike Burke is a seasoned geologist with over 35 years of experience in the mining industry, bringing extensive expertise in gold exploration and development, particularly in the Yukon Territory. Mike Burke has held key leadership roles in various mining projects, including serving as Director and Vice President of Corporate Development at Sitka Gold Corp. He currently serves as a Director and previously as President of the Yukon Chamber of Mines. For over 20 years, Mike served as Head of the Mineral Services Division within the Yukon Geological Survey. Followed by over 6 years as the Chief Geologist for Golden Predator, the previous owners of Seabridge Gold’s 3 Aces Project. As a Yukon-based Professional Geologist, Mike Burke has a proven track record in advancing mineral exploration initiatives across British Columbia and the Yukon, making him a valuable addition to Aben’s team as the Company continues to advance its flagship Justin Gold Project in the Tombstone Gold Belt. New Risk • Jan 30
New major risk - Revenue and earnings growth Earnings have declined by 18% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 18% per year over the past 5 years. Shareholders have been substantially diluted in the past year (51% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$6.21m market cap, or US$4.60m). Minor Risk Share price has been volatile over the past 3 months (16% average weekly change). Announcement • Jan 29
Aben Gold Corp. announced that it has received CAD 0.4 million in funding Aben Gold Corp. announced non-brokered private placement financing and allotted and issued 5,000,000 units at a price of CAD 0.08 for gross proceeds of CAD 400,000 on January 27, 2026. Each Unit is comprised of one common share and one warrant. Each Warrant will entitle the holder to purchase one common share for a period of two years at a price of CAD 0.12 per share. Management and Board, as insiders of the Company, has subscribed for an aggregate 550,000 Units for gross proceeds of CAD 44,000. The Private Placement is subject to final TSX Venture Exchange approval, and all securities are subject to a four-month-and-one-day hold period. The Company has not paid any finder’s fees in connection with the Private Placement. New Risk • Jan 28
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 51% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$521k free cash flow). Shareholders have been substantially diluted in the past year (51% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$5.93m market cap, or US$4.37m). Minor Risk Share price has been volatile over the past 3 months (16% average weekly change). Announcement • Oct 06
Aben Gold Corp., Annual General Meeting, Dec 02, 2025 Aben Gold Corp., Annual General Meeting, Dec 02, 2025. New Risk • May 29
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$534k This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$534k free cash flow). Revenue is less than US$1m. Market cap is less than US$10m (CA$1.51m market cap, or US$1.09m). Minor Risk Shareholders have been diluted in the past year (24% increase in shares outstanding). Board Change • Mar 19
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Tim Termuende was the last independent director to join the board, commencing their role in 2011. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Feb 08
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 24% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Revenue is less than US$1m. Market cap is less than US$10m (CA$1.51m market cap, or US$1.06m). Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Shareholders have been diluted in the past year (24% increase in shares outstanding). Announcement • Feb 07
Aben Minerals Ltd. announced that it has received CAD 0.316 million in funding On February 6, 2025, Aben Minerals Ltd. closed the transaction. The company announced that it has issued 4,514,286 units at a price of CAD 0.07 per Unit for gross proceeds of CAD 316,000.02. Each Unit is comprised of one common share and one full warrant (the “Warrants”). Each Warrant will entitle the holder to purchase one common share for a period of two years at a price of CAD 0.10 per share. In addition, the Company has paid finder’s fees of CAD 2,940 and issued 42,000 finder’s warrants to an arm’s-length party. Each Finder’s Warrant is exercisable into one common share for a period of up to two years at a price of CAD 0.10. The private placement is subject to TSX Venture Exchange approval, and all securities are subject to a four-month-and-one-day hold period. The transaction is oversubscribed. Announcement • Jan 25
Aben Minerals Ltd. Auditor Raises 'Going Concern' Doubt Aben Minerals Ltd. filed its Annual on Jan 24, 2025 for the period ending Sep 30, 2024. In this report its auditor, Davidson & Company, gave an unqualified opinion expressing doubt that the company can continue as a going concern. Announcement • Jan 21
Aben Minerals Ltd. announced that it expects to receive CAD 0.315 million in funding Aben Minerals Ltd. announced a non-brokered private placement of up to 4,500,000 units of the company at a price of CAD 0.07 per unit for the gross proceeds of up to CAD 315,000 on January 20, 2025. Each Unit will be comprised of one common share and one transferable warrant, entitling the holder to purchase one additional common share for a period of two (2) years at a price of CAD 0.10 per share. The private placement is subject to TSX Venture Exchange approval, and all securities are subject to a four-month-and-one-day hold period. Announcement • Sep 24
Aben Minerals Ltd., Annual General Meeting, Nov 22, 2024 Aben Minerals Ltd., Annual General Meeting, Nov 22, 2024. Announcement • Aug 19
Aben Minerals Ltd. Receives Finalized Results from Airborne Geophysical Survey At the Justin Gold Project Aben Minerals Ltd. announced that the final results have been received from the recently completed QMAGT geophysical survey at the 7,400 hectare, 100% owned Justin Gold Project in the Yukon Territory. The Justin Property is host to widespread prolific gold mineralization in the form of sheeted veins, vein arrays and breccias, stockworks and skarn hosted precious metal mineralization, yet the Property remains under-explored. The QMAGT survey was flown over the Lost Ace and POW zones, the two main gold (Au) mineralized areas at Justin, as well as the highly prospective area between them. Target Zones at Justin: The Lost Ace and POW zones are located 2 kilometers apart and offer two distinct mineralization styles. The Lost Ace zone represents an Orogenic Gold System with gold hosted in quartz-arsenopyrite-pyrite stockworks found at the contact between quartz feldspar pebble conglomerates and fine-grained phyllitic rocks. This type of mineralization is remarkably similar in style and geologic setting to the immediately adjacent 3 Aces Project, owned by Seabridge Gold. A network of well-developed NNE and NW-SE faults have served as conduits for precious metal bearing fluids emanating from the Justin Stock and other buried intrusive bodies in the area. The proximity of these two distinct mineralization styles highlights the potential for the Justin Property to host imaging mineralizing systems. The QMAGT is a geophysical survey technology with a proven track record in mineral exploration. The survey data provides detailed directional information with enhanced image quality that will be utilized to define high-priority targets for a planned drill program. The high-quality geophysical data will enable Aben personnel to define the location of fault structures (fluid pathways) and strongly magnetic geologic bodies (magnetite-bearing skarn). The annotated magnetic response image below depicts the prevalence of the NNE and NW-SE oriented fault structures that have conducted mineralized fluid outboard of the Justin Stock, located at the bottom margin of each image. Both the lost Ace and POW zones are located in areas that host complex structural intersections alongside bodies with strong magnetic response. The region between the two zones hosts coincident geophysical and geochemical (gold in soil) anomalies but remains under-explored and undrilled. In 2019, a rotary air blast (RAB) drill was used for the initial drill test of the Lost Ace zone, but the presence of abundant near-surface groundwater hampered the effort and limited the holes to < 35 m depth. Future drill programs will focus on expanding the existing gold mineralization at POW, properly testing the Lost Ace zone, and evaluating highly prospective targets in the area between the two zones. New Risk • Aug 09
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$784k free cash flow). Revenue is less than US$1m. Market cap is less than US$10m (CA$1.31m market cap, or US$954.4k). Minor Risk Share price has been volatile over the past 3 months (13% average weekly change). Announcement • Jun 08
Aben Minerals Ltd. Mobilizes Crew and Equipment for Geophysical Survey at Justin Gold Project Aben Minerals Ltd. announced that a crew has mobilized to conduct an airborne QMAG Geophysical Survey at the 7,400 hectare, 100% owned Justin Gold Project in the Yukon Territory. The state-of-the-art geophysical survey will cover the Lost Ace and POW zones, the two main gold (Au) mineralized zones at Justin, as well as the highly prospective area between them. Historic drilling at the POW zone has returned 1.25 g/t Au over 60.0 m (JN11-009) and 2.52 g/t Au and 29.5 g/t Ag over 12.0 m (JN11-010). Surface chip sampling at the Lost Ace zone returned high-grade gold values ranging from trace to 20.8 g/t Au over 4.4 m. Gold mineralization at the POW zone is hosted within and adjacent to the Justin Stock, a mid-Cretaceous intrusive body located at the southern end of the prolific Tombstone Gold Belt. Lost Ace is located 2 kilometers northwest of the POW zone along strike of the local NW-SE faults that have acted as conduits to the robust hydrothermal system. Program Details: Aben Minerals has contracted DIAS Airborne Ltd. to conduct a QMAGT (full-tensor magnetic gradiometry low temperature SQUID sensors). DIAS Airborne will fly the survey from the Seabridge Gold’s 3 Aces camp located adjacent to the Justin Gold Project. The company expects the survey to be completed in the coming weeks, with results 6 weeks after demobilisation. Justin Gold Project: The 7,400-hectare Justin Gold property is 100% owned by Aben Minerals Ltd. located in the southeast Yukon in the Tintina Gold Belt and adjacent to Seabridge Gold’s 3 Aces Project. Aben has drilled a total of 4972.0 metres in 21 diamond drill holes across four zones of interest. Drilling in 2011 and 2012 at the POW Zone successfully discovered: Hole JN11009: 1.25 g/t Au over 60.0m (including 2.47 g/t Au over 21.0m); Hole JN11010: 2.52 g/t Au and 29.53 g/t Ag over 12.0m. Additionally, trenching in 2018 at the Lost Ace Zone, located 2 kilometers northwest along strike from the POW Zone returned values ranging from trace to 20.8 g/t gold over 4.4m including 88.2 g/t gold (Au) over 1.0m. The discovery at Lost Ace highlights the existence of a multi-phase hydrothermal system with the potential for overprinting mineralizing systems. New Risk • May 30
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$784k This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$784k free cash flow). Revenue is less than US$1m. Market cap is less than US$10m (CA$1.68m market cap, or US$1.23m). Announcement • Feb 01
Aben Minerals Files NI 43-101 Technical Report on the Forrest Kerr Gold Project Aben Minerals Ltd. has received and filed a NI 43-101 compliant Technical Report pertaining to Aben's 100% owned 23,397 hectare Forrest Kerr Gold Project in the Golden Triangle, British Columbia. Forrest Kerr Property NI 43-101 Technical Report. From July 2016 to September 2021, Aben completed 22,957.5 m of diamond drilling in 72 drill holes, collected 1,282 soil samples, 371 rock samples, and 11 stream sediment samples, and completed an airborne magnetic survey over the Boundary valley totaling 173 line-kilometres of data. The global database for the property now includes 190 drill holes, 2,500 rock samples, and over 20,000 soil samples. The widespread base and precious metal mineralization present on the Forrest Kerr Property is spatially related to the Forrest Kerr Fault, a regional scale crustal break that transects the entire property for over 50 kilometres. High-grade mineralization has been discovered in multiple fault-controlled subparallel zones adjacent to the Forrest Kerr Fault and related structures. Extensive alteration zones that extend well beyond the known areas of mineralization indicate that the Forrest Kerr Property hosts a large hydrothermal mineralizing system with excellent opportunity for further discovery of significant base and precious metals. North Boundary Zone: Highlight drill hole FK17-05 intercepted 1.2 g/t Au, 1.8 g/t Ag and 0.21% Cu over 122 metres that includes 10.9 g/t Au, 14.6 g/t Ag and 1.5% Cu over 12 metres with a high grade core of 21.5 g/t Au, 28.5 g/t Ag and 3.1% Cu over 6 metres. The mineralized zone encountered represents a near-surface, high-grade discovery comprised of strong quartz and quartz-carbonate veining with well-mineralized breccia horizons. South Boundary Zone: Despite extensive work done by Aben Resources and previous operators, the bulk of the Forrest Kerr property remains under-explored with respect to drilling. In particular, the South Boundary zone warrants additional drilling to determine its potential for a low-grade bulk-tonnage Au-Cu resource. Announcement • Jan 17
Aben Minerals Ltd. announced that it has received CAD 0.3 million in funding Aben Minerals Ltd. announced a non brokered private placement to issue 12% 300 unsecured convertible debentures at an issue price of CAD 1,000 per debenture for the gross proceeds of CAD 300,000 on January 16, 2024. The Debentures bear a two-year maturity date with interest at a rate of 12.00% per annum, paid monthly in advance, payable in cash on the 1st of each month. The Private Placement is subject to final TSX Venture Exchange approval, and the Debentures are subject to a four-month-and-one-day hold period. Commencing one day after the closing until the close of business on the sixth day prior to the maturity date, the Debenture holders shall have the right to convert the Debentures into units at a price of CAD 0.10 per Unit. Each Unit will consist of one common share and one transferable Share purchase warrant with each Warrant being exercisable into one Share at a price of CAD 0.15 per Warrant Share for a period of three years following the issue date. Announcement • Nov 22
Aben Minerals Ltd. Commences Technical Report at Forrest Kerr Aben Minerals Ltd. announced that it has commenced a NI 43-101 Technical Report at the Forrest Kerr Project, in British Columbia's Golden Triangle. The author of the report is North Mountain Geosciences located in Smithers, BC. objective with commencing a technical report on the project is for two fundamental motives. One, collect and combine all of the exploration work and data to help determine future work programs and areas of interest on the project. And two, provide management with a fair market value for the project. Since acquiring the project in 2016, the Company has invested over $8,000,000 to discover multiple high-grade precious metal occurrences while many highly prospective targets remain untested. Forrest Kerr Gold Project. The Company has an existing MX Permit for exploration in good standing and will entertain third party involvement to move the project forward. The Forrest Kerr property is 100% owned by Aben Minerals Ltd. and consists of 56 contiguous mineral claims covering 23,397 hectares in the center of the Golden Triangle of British Columbia, an area that hosts significant Au-Cu+-Mo porphyry deposits, intrusion-related Au+-Ag vein deposits and high-grade Au-Ag volcanogenic massive sulphide deposits. Forrest Kerr boasts a database comprised of 190 drill holes, 2,500 rock and 20,000 soil and silt samples. Highlight drill results include hole FK18-10 which intersected multiple high grade gold horizons including 38.7 g/t Au over 10.0m, 3.9 g/t Au over 13.0m, 22.0 g/t Au over 4.0m, and 8.2 g/t Au over 14.0m. The property hosts 40 polymetallic mineral occurrences with mineralization styles ranging from discrete intrusion related Au + Cu +/- Ag veins to breccia, shear and stockwork zones in addition to areas with massive sulfide potential. Announcement • Sep 23
Aben Minerals Ltd., Annual General Meeting, Nov 22, 2023 Aben Minerals Ltd., Annual General Meeting, Nov 22, 2023. Announcement • Sep 15
Aben Minerals Ltd. Completes Camp Preparation At the Justin Gold Project Aben Minerals Ltd. to announce that it has completed a camp reclamation and preparation program at its Justin Gold Project in the Yukon. The camp is in good condition and management anticipates less mobilization costs than expected for the planned 2024 drill program. The Justin Gold Project is located north of Watson Lake, Yukon and adjoins Seabridge Gold's 3 Aces Project. The Company plans to conduct a drill program in the Summer of 2024 to expand on the gold-bearing targets discovered by Aben in 2011 and 2012 at the POW Zone and Lost Ace Zone. POW Zone drill intercept highlights include 1.25 g/t Au over 60.0m including 2.47 g/t Au over 21.0m. The Company is currently applying for a new multi year Class 3 Quartz Exploration permit to allow for advanced exploration including diamond drilling at the Justin Project. Additionally, trenching in 2018 at the Lost Ace Zone, located 2 kilometers northwest along strike from the POW Zone returned values ranging from trace to 20.8 g/t gold over 4.4m including 88.2 g/t gold (Au) over 1.0m. The discovery at Lost Ace highlights the existence of a multi-phase hydrothermal system with the potential for overprinting mineralizing systems. The Company has an existing MX Permit for exploration in good standing and will entertain third party involvement to move the project forward. The Forrest Kerr property is 100% owned by Aben Minerals Ltd. and consists of 56 contiguous mineral claims covering 23,397 hectares in the center of the Golden Triangle of British Columbia, an area that hosts significant Au-Cu±Mo porphyry deposits, intrusion-related Au±Ag vein deposits and high-grade Au-Ag volcanogenic massive sulphide deposits. Forrest Kerr boasts a database comprised of 190 drill holes, 2,500 rock and 20,000 soil and silt samples. Highlight drill results include hole FK18-10 which intersected multiple high grade gold horizons including 38.7 g/t Au over 10.0m, 3.9 g/t Au over 13.0m, 22.0 g/t Au over 4.0m, and 8.2 g/t Au over 14.0m. The property hosts 40 polymetallic mineral occurrences with mineralization styles ranging from discrete intrusion related Au + Cu +/- Ag veins to breccia, shear and stockwork zones in addition to areas with massive sulfide potential. New Risk • Aug 23
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$876k This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$876k free cash flow). Revenue is less than US$1m. Market cap is less than US$10m (CA$2.15m market cap, or US$1.59m). Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Shareholders have been diluted in the past year (36% increase in shares outstanding). Board Change • Jul 04
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Tim Termuende was the last independent director to join the board, commencing their role in 2011. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • May 24
Aben Minerals Ltd. announced that it has received CAD 0.5 million in funding On May 23, 2023, Aben Minerals Ltd. closed the transaction. Announcement • Dec 21
Aben Resources Ltd. announced that it has received CAD 0.18 million in funding On December 21, 2022, Aben Resources Ltd. amended the terms and closed the transaction. The company issued 5,142,857 shares at CAD 0.35 per share, with 5,142,857 warrants that are exercisable into common shares at CAD 0.05 per share for a two-year period. Announcement • Oct 12
Aben Resources Ltd. Provides an Update on the Permit Application and A Summary of Exploration Results from the Slocan Graphite Property in Southeastern Bc Aben Resources Ltd. has now received analytical results from surface exploration work completed in July 2022. The exploration program marked the first comprehensive field work to assess the potential for the Property to host economic graphite mineralization. Exploration work comprised field mapping, rock and soil sampling, and the evaluation of prospective drill sites for a planned future drill program. Aben geologists took a total of 52 rock and 83 soil samples from areas located both within and outboard of the strong conductive anomaly identified by a 2010 airborne Electromagnetic geophysical survey. Previous work has shown that flake graphite mineralization grading in excess of 4.5% is hosted in metamorphic rocks located within the Tedesco Conductive Anomaly. Results from the 2022 rock sampling program returned a range of grades from trace to 4.36% graphitic flake Carbon, which reflects the variety of rock types from which the samples were sourced. A previously unsampled zone located 2km northeast of the main conductive zone returned multiple samples with grades between 1-2% graphitic Carbon, greatly extending the mineralized trend along strike. This discovery compelled Aben to increase the size of the Slocan Graphite Property to 2826 hectares through the addition of a 439.4 hectare claim via staking. The main Tedesco Conductive Zone has never been drill-tested despite the compelling coincident geophysical conductor and the graphite-bearing surface rock samples. The soil sampling program was completed over areas that lack outcrop exposure due to thickened glacial cover in order to ascertain whether soil sampling can be a productive exploration tool on the Property. Results correlate well with known graphite mineralization and will help to delineate new areas to target with increased sampling density, mechanical trenching and potential drill holes. Two distinct areas of elevated graphite-bearing soil are visible on the accompanying map. Aben Resources formally submitted a Notice of Work application for the Slocan Graphite Property with the Ministry of Energy, Mines and Low Carbon Innovation in the Spring of 2022. The Multi-Year Area Based (MYAB) permit application remains under review by the provincial government, following meaningful consultation with two First Nations groups and the posting of a security reclamation bond. Communication between Aben, the Ministry and the First Nations is ongoing and progressive, yet a definitive date for receipt of the exploration permit remains uncertain. Announcement • Oct 01
Aben Resources Ltd., Annual General Meeting, Nov 22, 2022 Aben Resources Ltd., Annual General Meeting, Nov 22, 2022. Announcement • Aug 09
Aben Resources Ltd. Completes First Phase of Field Exploration At the Slocan Graphite Project Aben Resources Ltd. announced that the first phase of field exploration at the Slocan Graphite Project has been completed. The initial stage of exploration comprised field reconnaissance, geological mapping, rock and soil sampling, and the evaluation of prospective drill sites for a potential fall 2022 drill program. During phase 1 exploration, Aben geologists took 52 surface rock samples from a variety of prospective lithologies over several kilometers. Geologic sampling and mapping has been greatly aided by the comprehensive network of logging roads that traverse the Property and provide wide-spread rock exposure. 2022 marks the first comprehensive exploration program to assess the potential for the Property to host economic graphite mineralization. Based on early field observations, Aben has added ground to the Slocan Graphite tenure with the addition of a 439.4 hectare claim by staking, bringing the total hectarage to 2826. Aben currently has a Multi-Year Area Based (MYAB) application for the Property under review by the Ministry of Energy, Mines and Low Carbon Innovation of British Columbia. Communication between Aben, the Ministry and the First Nations is ongoing and progressive. Ground exploration free of mechanical disturbance is allowed to continue during this period of consultation. Announcement • Aug 05
Aben Resources Ltd. announced that it has received CAD 0.2115 million in funding On August 4, 2022, Aben Resources Ltd. closed the transaction. The company issued 6,042,857 units for gross proceeds of CAD 211,500 in the transaction. Announcement • Jul 12
Aben Resources Ltd. announced that it expects to receive CAD 0.34 million in funding Aben Resources Ltd. announced a non-brokered private placement of up to 4,000,000 units at a price of CAD 0.035 per unit and up to 4,000,000 flow-through units at a price of CAD 0.05 per flow-through unit, for combined total gross proceeds of up to CAD 340,000 on July 11, 2022. Each unit will be comprised of one common share and one transferable warrant, entitling the holder to purchase one additional common share for a period of two years at a price of CAD 0.05 per share. Each flow-through unit will be comprised of one flow-through common share and one-half of one transferable warrant, each whole warrant entitling the holder to purchase one non-flow through common share for a period of two years at a price of CAD 0.08 per share. The private placement is subject to TSX Venture Exchange approval, and all securities are subject to a four-month-and-one-day hold period. The finder’s fees may be payable in connection with the private placement, all in accordance with the policies of the TSX Venture Exchange. Announcement • Jun 10
Aben Resources Ltd. Provides an Update on Its 2,387 Hectare Slocan Graphite Project Aben Resources Ltd. provide an update on its 2,387 hectare Slocan Graphite Project located 34km northwest of Castlegar, British Columbia. The Project benefits from excellent infrastructure including forestry road access to the property, high-voltage transmission line within 1.2 km of the property boundaries and there is an existing graphite processing plant and facilities within 1.5 km west of the property (owned by Eagle Graphite Corporation and is one of only two natural flake graphite production facilities in North America). The mineral exploration permit for the Slocan Graphite project is currently still under review with the Ministry of Mines. The Company anticipates the commencement of ground exploration on the property to begin when weather and ground conditions allow access. Because of the amount of snow this past winter and subsequent wet ground conditions, the program will likely commence in late June. The Company has also received an exemption letter from the Ministry of Mines to conduct an IP survey before the permit is granted. Furthermore, a drill is available for the project in late August depending on issuance of the permit. Aben holds the exclusive right to earn a 100% interest, less 2% Net Production Royalty ("NPR") in the road-accessible Slocan Graphite Project located 34km northwest of Castlegar, British Columbia. The 2,387 hectare Slocan Graphite Property hosts several large flake graphite- bearing outcrops (high values of 3.36 and 4.43 % organic Carbon) at the Tedesco Zone, which is coincident with a strong conductive anomaly identified in 2010 that is interpreted to extend up to 2.0km from the known surficial occurrences. The Slocan Graphite Project benefits from excellent infrastructure including a high-voltage transmission line within 1.2 km of the property boundaries, an extensive network of forestry roads on and around the property, and an existing graphiteprocessing plant and facilities located 1.5 km west of the property (owned by Eagle Graphite Corporation). Announcement • Apr 20
Aben Resources Provides Project Updates Ahead of 2022 Exploration Programs Aben Resources Ltd. provided an update on its Justin Gold Project, Slocan Graphite Project and Pringle North Gold Project. On February 8th, 2022 Aben announced it had filed an NI 43-101 compliant Technical Report pertaining to the 100% owned 7,400 hectare Justin Gold Project in the Yukon. Since that date the Company has been in discussion with multiple potential partners regarding option deals to secure future exploration on the property. The permit application for the rights to explore the property is currently in the review stage with the Yukon Environmental and Socio-Economic Assessment Board (“YESAB”). The Justin Property is host to rocks that have undergone multi-phase hydrothermal alteration that has produced two distinct mineralizing systems. Drilling has shown that precious metal mineralization on the Property is part of an Intrusion Related Gold System (IRGS) featuring multiple mineralization styles including sheeted vein arrays, vein breccias, stockwork veining, fault-controlled mineralization, and skarn-hosted gold horizons. Drilling at the POW Zone has returned intercepts ranging from trace values to highs of 1.19 g/t Au over 60.0 m (including 2.47 g/t Au over 21.0 m) and 1.49 g/t Au over 46.4 m. The POW Zone, along with the Confluence, Main, Kangas and POW West Zones, are potential hosts to bulk-tonnage gold mineralization and higher-grade skarn mineralization. The Lost Ace Zone, located 2 kilometers from the POW Zone, is host to high-grade near-surface mesothermal gold-arsenopyrite bearing quartz veins interpreted to be part of an Orogenic Gold System. Trenching in 2018 returned values ranging from trace to 20.8 g/t gold over 4.4 meters including 88.2 g/t gold (Au) over 1.0 m at the Lost Ace Zone. The Red Lake, Ontario area has been subject to a particularly harsh winter delaying early exploration activities on the Pringle North property. Once the weather allows, Aben’s technical team will begin grass-roots exploration activities that will inform later expansive programs. The Pringle North Property consists of 5 contiguous mining claims covering approximately 1,881 hectares and is located 55 kilometers north of the prolific Red Lake Gold Camp. The Property straddles the interpreted northern extension of the deep-seated geologic structures that host several gold deposits within the Red Lake Gold Camp. Announcement • Jan 28
Aben Resources Ltd. Provides Update on Pringle North Project in Ontario Aben Resources Ltd. 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 seismic reflection surveys and has been described by the Ministry of Energy, Northern Development and Mines as similar in nature and significance to the structures that host the Red Lake Gold Belt. Aben geologic personnel have been compiling and interpreting geophysical and geologic data from several sources from across the Red Lake Gold Belt, including the finalized results from a high-resolution airborne magnetic survey completed over the Pringle North Property in the Fall of 2021. The magnetic geophysical maps illustrate several apparent convergent structural breaks and extensional features that are common to all gold deposits in the Belt. The structural complexity illustrated by the magnetic survey offers strong evidence of wide-spread shearing, folding and faulting, structural controls that can provide fluid pathways and traps for gold mineralizing fluids in potentially economic concentrations. In addition to the full spectrum of structural controls present on the Property, Pringle North is host to several surface samples that tested at or above the 95th percentile from an overburden sampling program by Agnico Eagle in 2009. A substantial belt of mafic to ultramafic rocks that parallel the Nungesser Deformation Zone have been mapped on the property. Age determination by Sanborn et al, 2004, dates this volcanic-sedimentary belt at 2.94 billion years old and assigns it to the Balmer Assemblage, which is host to the gold mines in the Red Lake Camp. The Pringle North Property consists of 5 contiguous mining claims covering approximately 1,881 hectares, and is located 55 kilometers north of the prolific Red Lake Gold Camp. The Property sits within the ‘Red Lake Northern Extension’ corridor, an area that saw a marked increase in exploration activity in 2021. The Pringle North Property has had very limited ground exploration so the planned field exploration program in the Spring of 2022 will be an advancement for the Company. The Red Lake Mining Complex is located within the Red Lake greenstone belt of the Superior Tectonic Province. This belt is host to one of Canada’s larger and richest Archean gold deposits producing more than 26 million ounces of gold since the 1930s. The Red Lake Greenstone Belt is subdivided into several rock assemblages recording magmatic and sedimentary activities that occurred from 3.0 to 2.7 billion years ago. In July, 2021 Aben Resources signed an agreement whereby they can earn-in an 100% right, title and interest in and to the Property by paying to the Optionors a total of $97,000 and issuing to the Optionors a total of 320,000 common shares. The Optionors shall retain a 1.5% Net Smelter Returns Royalty, of which the Company may purchase 0.5% at any time for $600,000. Announcement • Jan 26
Aben Resources Receives Regulatory Approval for Deal to Acquire the Slocan Graphite Project and Provides Update on Forrest Kerr Property, British Columbia Aben Resources Ltd. has received Regulatory Approval from the TSX Venture Exchange for the option agreement on the Slocan Graphite Property (November 9th) between Aben Resources and Eagle Plains Resources. Aben now holds the exclusive right to earn a 100% interest, less 2% Net Production Royalty (“NPR”) in the road-accessible Slocan Graphite Project located 34km northwest of Castlegar, British Columbia (the “Agreement”). The Slocan Graphite project consists of 2,387 ha owned 100% by Eagle Plains with no underlying royalties nor encumbrances. The property hosts several large flake graphite-bearing outcrops and float occurrences known as the Tedesco Zone, which is interpreted to extend over 2.0km. Announcement • Aug 12
Aben Resources Ltd. announced that it has received CAD 0.175 million in funding Aben Resources Ltd. announced a non-brokered private placement of 2,500,000 flow-through units at a price of CAD 0.07 per unit for gross proceeds of CAD 175,000 on August 11, 2021. Each FT Unit is comprised of one flow-through common share and onehalf of one transferable warrant. Each whole warrant will entitle the holder to purchase one non-flow through common share for a period of two years at a price of CAD 0.10 per share. All securities issued under the transaction will be subject to a four-month and one-day hold period expiring December 12, 2021. The transaction remains subject to the final approval of the TSX Venture Exchange. Announcement • Nov 25
Aben Resources Ltd. Appoints Simon Dyakowski as a Director Aben Resources Ltd. announced the appointment of Simon Dyakowski as a director of the company. Mr. Dyakowski is currently CEO of Aztec Minerals Corp. and GSP Resource Corp. Announcement • Oct 31
Aben Resources Provides Results and Summary of 2020 Drill Program At the Forrest Kerr Gold Project in BC’s Golden Triangle Aben Resources Ltd. announced 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 meters outboard from the main mineralized zone at North Boundary. Hole FK20-71 encountered multiple horizons of polymetallic mineralization (Au-Ag-Cu-Zn) with the most uniform zone returning an average gold grade of 0.46 g/t Au (grams/tonne) over 37.0 meters (highest 1.0m value of 3.45 g/t Au). This horizon directly correlates with a drilled intercept from hole FK19-53 that averaged 1.2 g/t Au over 19m (located 70 meters above) and several surface samples (180m above) that returned gold values between 1.0 to 43.3 g/t Au. With limited drilling this zone shows uniform gold grade mineralization over 180 m of vertical extent with a minimum surficial mineralized footprint exceeding 300 meters along strike. Notably, this mineralization is located west of the Nelson Creek fault zone, a structure that was previously thought to cut-off polymetallic mineralization west of the North Boundary high-grade mineralized zone. FK20-72 tested for the potential of precious metal mineralization at the intersection of the NE-SW directed Blind Fault and the N-S oriented Nelson Creek Fault Zone. This hole encountered sporadic polymetallic mineralization adjacent to a strongly-altered fault-derived (mylonitic) rock package, but failed to encounter the structurally offset high-grade mineralization present at the North Boundary main zone (180m NE). A 19.0 m intercept with consistent low-tenor gold grades averaged 0.25 g/t Au between 453.0-472.0m downhole depth, roughly 350m below the surface of the North Boundary mineralized corridor. The west-side mineralization is hosted within a volcanic to sub-volcanic Hazelton rock package with variably strong Quartz-Sericite-Pyrite (QSP) alteration, abundant quartz veins and a significant potassic component indicative of high-temperature fluids sourced from a proximal mineralizing heat source. Both drillholes encountered highly fractured rock below approximately 55.0 meters of glacier-derived debris within and adjacent to the Forrest Kerr Fault Zone, a major crustal feature that provided structural pathways for mineralized fluids. Adverse weather in July, August and into September also affected the efficiency of drilling, which prompted Aben to suspend drilling after 990m of a planned 1,500m. The Forrest Kerr Property consists of 4 separate claim blocks comprised of 56 mineral claims (23,397 ha) and is owned 100% by Aben Resources. Numerous areas of interest have been identified since Aben began systematic exploration in 2016, with a total of 72 drill holes (22,958m/75,302’) completed. The Boundary Valley (3.5 km x 1.0 km) hosts significant surface gold mineralization and complex structural intersections, both of which are important indicators of the potential for discovery of more sub-surface high-grade gold mineralization. Announcement • Sep 29
Aben Resources Ltd. announced that it has received CAD 0.1535 million in funding from Toklat Resources Inc. and other investors On September 18, 2020, Aben Resources Ltd. (TSXV:ABN) closed the transaction. The company issued 1,395,454 units for gross proceeds of CAD 153,500. The transaction involved participation from 12 placees including individual investor Jim Pettit for 50,000 units, returning investor Toklat Resources Inc. for 50,000 units and other investors. The company has paid finder’s fees of CAD 1,540 and issued 14,000 finder’s warrants to an arm’s-length party, Echelon Wealth Partners Inc. Each finders warrant is exercisable into one common share for a period of up to two (2) years at a price of CAD 0.15 per share. All securities issued in the transaction will be subject to a four-month and one-day hold period expiring January 19, 2021. The transaction remains subject to the final approval of the TSX Venture Exchange.
TSX Venture has accepted for filing documentation with respect to the transaction. Announcement • Sep 28
Aben Resources Ltd. announced that it expects to receive CAD 0.5 million in funding Aben Resources Ltd. (TSXV:ABN) announced a non-brokered private placement of units at a price of CAD 0.11 for gross proceeds of up to CAD 500,000 on September 3, 2020. Each unit consist of one common share and one transferable share purchase warrant. Each warrant will entitle the holder to purchase one additional common share of the company at an exercise price of CAD 0.15 per share for a period of 2 years. The company may pay the finder's fees in connection with all or part of the transaction. The transaction is subject to TSX Venture Exchange acceptance. Announcement • Jul 17
Aben Resources Ltd. announced that it has received CAD 1.0463 million in funding Aben Resources Ltd. (TSXV:ABN) announced a non-brokered private placement of 5,385,000 units at a price of CAD 0.10 per unit for gross proceeds of CAD 538,500, and 4,231,667 flow-through units at a price of CAD 0.12 per flow- through unit for gross proceeds of CAD 507,800, for aggregate gross proceeds of CAD 1,046,300.04 on July 10, 2020. Each unit is comprised of one common share and one warrant. Each flow-through unit is comprised of one flow-through common share and one-half of one warrant. Each warrant will entitle the holder to purchase one common share for a period of two years at a price of CAD 0.15 per share. In connection with the transaction, the company has paid a finder’s fees of CAD 56,056 and issued an aggregate 520,800 finder's warrants, with each finder’s warrant bearing the same terms as the warrants. The transaction is subject to approval from TSX Venture Exchange. All securities issued are subject to a four-month-and-one-day hold period.