Aben Resources (TSX.V:ABN) Update
2018.11.21
9 holes left from Forrest Kerr to report as well as geo-chem and geo-physics. Aben will be able to have a very strong and early as possible start on Forrest Kerr next year, they have a lot of info to compile over the winter, 5 year drill pad and drilling permits have been received and as stated money in the treasury for 2019 program.
Justin Project in Yukon had an update in the Nov 19th release.
“Aben Resources is currently finalizing analytical results from field work completed in September 2018 on its 100% owned Justin Gold Property in the Yukon Territory. The geologic team reports visible gold in trenches and channel samples from quartz stockwork veining in bedrock at the Lost Ace Zone, a gold-bearing zone discovered in 2017. Channel sampling in 2017 at Lost Ace returned 1.44 g/t Au over 5m including 4.77 g/t Au over 1.0 m in addition to a bulk soil sample that contained 1135 visible gold grains, the majority of which were termed ‘pristine’ indicating a proximal bedrock source for the gold. Lost Ace is an exciting new prospect on the Justin Property as it is located within 2km of the main mineralized POW Zone and bears striking similarities to Golden Predators adjacent 3 Ace Property.”
Golden Predator put out this release Nov 19th;
Golden Predator Discovers New Style of Disseminated Gold Mineralization at 3 Aces Project, Yukon
http://www.goldenpredator.com/_resources/news/nr_20181119.pdf
Results from ABN’s 2018 program to come. This project just got a huge boost in my eyes. Here’s a link to ABN’s site;
https://www.abenresources.com/projects/gold-projects/justin-gold-project-yk/
Keep an eye on Justin news, I think ABN has a sleeper project here that is going to really surprise to the upside.
Drilling on Chico, why I got involved in ABN @.15 in the 1st place, is slated to begin early in the new year. Here’s why I like Chico;
1 2 3, Aben Is a Three Trick Pony Ride
As you can see from Taiga’s recent release Chico just got even more interesting.
https://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aTGC-2680089&symbol=TGC®ion=C
You can see they are working just north, and on strike with Chico.
https://www.abenresources.com/projects/gold-projects/chico-gold-project-sk/
My readers were given an opportunity to get into ABN at a very good price. They had ample opportunity, based on share price appreciation to the high .40’s and considerable liquidity, to reap their rewards along the way up, and on the way down as the top was recognized.
I personally think ABN is once again a buy:
- Results from Forrest Kerr
- Results from Justin over the remainder of 2018
- Early in the new year mobilization to Chico, drill start
- Then one would think a much bigger 2019 program, including drilling, on Justin
- There will be a drill program on Forrest Kerr in 2019.
- Aben is not a winter play anymore, it truly has turned into a year round play with three very good projects and a lot of money in the treasury.
2019 is going to be a good year for ABN.
Richard (Rick) Mills
aheadoftheherd.com
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This document is not and should not be construed as an offer to sell or the solicitation of an offer to purchase or subscribe for any investment. Richard Mills has based this document on information obtained from sources he believes to be reliable but which has not been independently verified. Richard Mills makes no guarantee, representation or warranty and accepts no responsibility or liability as to its accuracy or completeness. Expressions of opinion are those of Richard Mills only and are subject to change without notice. Richard Mills assumes no warranty, liability or guarantee for the current relevance, correctness or completeness of any information provided within this Report and will not be held liable for the consequence of reliance upon any opinion or statement contained herein or any omission. Furthermore, I, Richard Mills, assume no liability for any direct or indirect loss or damage or, in particular, for lost profit, which you may incur as a result of the use and existence of the information provided within this Report.
Richard owns shares of Aben Resources (TSX.V:ABN) and ABN is a sponsor of his site aheadoftheherd.com
