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aben resources ltd (ABN) Snapshot

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03/4/14 - C$0.12
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aben resources ltd (ABN) Details

Aben Resources Ltd., an exploration stage company, engages in the acquisition and exploration of mineral property interests principally in the Northwest Territories, Saskatchewan, and Yukon, Canada. It primarily explores for gold, silver, uranium, and tungsten. The company's principal project is 100% owned Justin Gold Project comprising approximately 18,314 acres located in southeast Yukon. The company was formerly known as Consolidated Abaddon Resources Inc. and changed its name to Aben Resources Ltd. in January 2011. Aben Resources Ltd. is headquartered in Vancouver, Canada.

aben resources ltd (ABN) Top Compensated Officers

Chief Executive Officer, President and Direct...
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Chief Financial Officer, Director and Member ...
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Compensation as of Fiscal Year 2013.

aben resources ltd (ABN) Key Developments

Aben Resources Ltd. Auditor Raises 'Going Concern' Doubt

Aben Resources Ltd. filed its Annual on Jan 19, 2015 for the period ending Sep 30, 2014. In this report its auditor, Davidson & Company, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

Aben Resources Ltd. Reports High Grade Tungsten Results at Justin Gold-Tungsten Project, Southeast Yukon

Aben Resources Ltd. announced the re-assay results of previous drill holes for Tungsten (W) at its 100% owned 18,314 acre Justin gold-tungsten project. The project area is located in southeast Yukon within the Tintina Gold Belt approximately 35 kilometers southwest of the Cantung Mine and is accessed by an all-season road. Highlights: A total of 230 samples from 7 of 9 previously drilled POW zone holes, were selected for tungsten specific analysis to provide a preliminary assessment of the potential for economic tungsten mineralization; Results from JN12016 returned 8.50 metres grading 0.39% WO3 including 1.00 metre of 1.12% WO3; Previous gold results from JN12016 returned 5.60 metres grading 4.12 grams per tonne Au including 2.60 metres grading 8.20 grams per tonne Au; Results from JN12013 returned 28.90 metres grading 0.10% WO3 beginning at surface, and 1.10 metres grading 1.15% WO3; Previous gold results from JN12013 returned 7.40 metres grading 1.81 grams per tonne Au including 2.20 metres grading 4.42 grams per tonne Au; and Several high-priority exploration targets, defined by geophysics and geochemistry exist within 2 km of known mineralization and remain underexplored and untested by drilling. These areas offer significant potential for expanding the current extent of mineralization and making additional gold and tungsten discoveries. Summary of Exploration Activities: The goal of the 2014 tungsten reconnaissance sampling was to make a preliminary assessment of the property for economic W (tungsten) mineralization and resample core, previously drilled, for W specific analysis. Examination of drill core using short wave ultraviolet lamps in 2012 revealed visible scheelite (calcium tungstate) mineralization disseminated within the POW Zone skarn and sheeted vein arrays. Review of the 2011 - 2012 drill hole geochemical dataset indicated that anomalous concentrations of tungsten (> 200 ppm W) were reported in the multi-element ICP analysis from several intervals within the POW zone skarn.

Aben Commences Exploration Program at Mann Lake Uranium Project, Athabasca Basin, Saskatchewan

Aben Resources Ltd. announced that a Phase 1 Field Program has commenced consisting of a ground-based electromagnetic (EM) survey on Aben's 40% owned, Skyharbour Resources' 60% owned Mann Lake Uranium Project. The property is strategically located on the east side of the Athabasca Basin 25 km southwest of Cameco's McArthur River Mine and 15 km northeast and along strike of Cameco's Millennium uranium deposit.


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