VANCOUVER, British Columbia, July
10, 2017 (GLOBE NEWSWIRE) -- Aben
Resources Ltd. (TSX-V:ABN) (OTCBB:ABNAF)
(Frankfurt:E2L2) (the "Company") is pleased to announce it has
received a 2 year Multi-Year Area Based (MYAB) Permit from the
British Columbia Ministry of Energy and Mines. The permit enables
the Company to conduct an exploration drilling program at their
23,000 hectare Forrest Kerr Gold Project located within BC's Golden
Triangle region. Aben also announces the positive receipt of an
Archaeological Overview Assessment (AOA) of the Forrest Kerr
Project, the final requirement that allowed for the issuance of
their exploration permit.
B.C.'s Golden Triangle
map:
http://www.abenresources.com/i/maps/ABN_Golden_Triangle_map.jpg
Field-based exploration activities
are already underway at Forrest Kerr with ground truthing of
historic data and evaluating mineralization potential on a property
wide basis with a focus on those areas containing historic high
grade precious and base metal occurrences. Currently, drill
targets and budget are being finalized with the aim to extend known
mineralized horizons and test some conceptual targets with drilling
expected to commence in the first week of August 2017.
Historical drilling at the Forrest
Kerr Project encountered several high grade intercepts such as an
average of 9.87 g/t Gold over 29 meters (including 125 g/t Gold
over 0.8m and 91 g/t Gold over 1.9m) in the Carcass Creek Zone and
33.4 g/t Gold over 11 meters in the Boundary Zone (including 326
g/t Gold over 0.5m).
Aben's Forrest Kerr, B.C. claims
map:
http://www.abenresources.com/i/photos/forrest-kerr/ABN-Forrest-Kerr-Project-map-small.jpg
Note: Aben has
not been able to independently verify the methodology and results
from historical work programs within the property boundaries.
However, management believes that the historical work programs have
been conducted in a professional manner and the quality of data and
information produced from them are relevant.
About Aben
Resources:
Aben Resources is a Canadian gold
exploration company developing projects in British Columbia's
Golden Triangle, the Yukon and Saskatchewan.
For further information on Aben
Resources Ltd. (TSX-V:ABN), visit our Company's web site
at www.abenresources.com.
Aben Resources has approx. 46.8
million shares issued and outstanding.
ABEN RESOURCES LTD.
"Jim Pettit"
____________________________
JAMES G. PETTIT
President & CEO
Neither TSX Venture Exchange nor
its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.
This release includes certain
statements that may be deemed to be "forward-looking statements".
All statements in this release, other than statements of historical
facts, that address events or developments that management of the
Company expects, are forward-looking statements. Although
management believes the expectations expressed in such
forward-looking statements are based on reasonable assumptions,
such statements are not guarantees of future performance, and
actual results or developments may differ materially from those in
the forward-looking statements. The Company undertakes no
obligation to update these forward-looking statements if
management's beliefs, estimates or opinions, or other factors,
should change. Factors that could cause actual results to differ
materially from those in forward-looking statements, include market
prices, exploration and development successes, continued
availability of capital and financing, and general economic, market
or business conditions. Please see the public filings of the
Company at www.sedar.comfor further information.