VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 01/07/13 -- Aben Resources Ltd. (TSX VENTURE: ABN) (FRANKFURT: E2L) (OTC PINK: ABNAF) (the "Company") is providing an update on its Yukon and Northwest Territories properties including its 100% owned, 18,314-acre Justin Gold Project. The Justin property is located in the southeast Yukon within the Tintina Gold Belt approximately 35 kilometres southeast of the Cantung Mine and is accessed by an all-season road.
Justin Gold Project Location Map:
http://www.abenresources.com/i/maps/ABN-Justin.jpg
In 2011, a first-pass drill program consisting of 2,020 metres in ten drill holes targeting four separate mineralized zones was completed on the Justin Project. During this program a significant new greenfield gold discovery was made at one of the zones, known as the POW Zone, with drill highlights including 60.0 metres of 1.19 g/t Au including 21.0 metres of 2.47 g/t Au in hole JN11009. A total of 1,994 metres were drilled in nine holes during the 2012 field season at the Justin property with highlights including 46.4 metres of 1.49 g/t Au in hole JN12011. Including the two discovery holes drilled during the 2011 field season, all holes completed to target depths at the POW Zone have intersected gold mineralization and the zone remains open in all directions.
Justin Project Claims Map:
http://www.abenresources.com/i/maps/Justin-Claim-Boundary.jpg
Highlights:
-- Gold mineralizing events on the Justin property directly comprise an intrusion- related gold system ("IRGS").-- All holes drilled to completion in the POW Zone thus far have successfully intersected gold mineralization.-- Drill highlights include 60.0 metres of 1.19 g/t Au in hole JN11009, 46.4 metres of 1.49 g/t Au in hole JN12011 and 88.5 metres of 0.73 g/t Au in hole JN12018.-- The POW Zone continues to exhibit strong continuity of mineralization and remains open in all directions.-- The majority of the intrusive stock and its surrounding contact aureole at the Justin Project have yet to be tested and remain high priority targets for future exploration and drilling.Summary of 2012 Exploration at the Justin Project:
The 2012 exploration program was successful in intersecting gold mineralization both in structurally-controlled sheeted veins and skarn style replacement settings. The results indicate that an emerging discovery has been made on the Justin property in an area described by geologists as an underexplored, emerging gold district within the Yukon Territory. Mineralization has been traced along surface for approximately 450 metres west-east by 200 metres north-south and to 205 metres depth.
Results from the 2012 diamond drill program are summarized in the table below:
---------------------------------------------------------------------------- Drill Hole From (m) To (m) Interval (m) Au (g/t)---------------------------------------------------------------------------- JN12011 131.6 178.0 46.4 1.49---------------------------------------------------------------------------- Including 145.5 160.5 15.0 3.08---------------------------------------------------------------------------- Also Including 147.5 156.7 9.2 3.80---------------------------------------------------------------------------- JN12012 79.9 102.1 22.2 0.26---------------------------------------------------------------------------- Including 83.3 91.1 7.8 0.41---------------------------------------------------------------------------- JN12013 14.2 21.3 7.1 0.67---------------------------------------------------------------------------- Including 17.0 18.2 1.2 3.11---------------------------------------------------------------------------- And 26.6 34.0 7.4 1.81---------------------------------------------------------------------------- Including 30.8 33.0 2.2 4.42---------------------------------------------------------------------------- JN12014 41.5 43.3 2.8 4.22---------------------------------------------------------------------------- And 217.0 224.5 7.5 0.94---------------------------------------------------------------------------- JN12015 Hole Abandoned---------------------------------------------------------------------------- JN12016 98.0 99.0 1.0 4.15---------------------------------------------------------------------------- And 102.0 107.3 5.3 4.12---------------------------------------------------------------------------- Including 104.7 107.3 2.6 8.20---------------------------------------------------------------------------- And 133.2 133.6 0.4 4.46---------------------------------------------------------------------------- JN12017 Hole Abandoned---------------------------------------------------------------------------- JN12018 202.0 209.9 7.9 0.39---------------------------------------------------------------------------- And 211.7 223.2 11.5 1.38---------------------------------------------------------------------------- And 223.9 226.2 2.3 1.62---------------------------------------------------------------------------- And 227.1 249.0 21.9 1.06---------------------------------------------------------------------------- And 264.4 272.0 7.6 0.49---------------------------------------------------------------------------- And 272.9 276.9 4.0 1.38---------------------------------------------------------------------------- Including 272.9 273.2 0.3 14.40---------------------------------------------------------------------------- JN12019 102.0 104.4 2.4 2.44---------------------------------------------------------------------------- Including 102.0 102.6 0.6 6.68---------------------------------------------------------------------------- And 175.5 177.8 2.3 1.29---------------------------------------------------------------------------- And 208.5 210.0 1.5 0.91----------------------------------------------------------------------------
