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    #76
    More good news from the Forrest Kerr project: Aben Resources discovers a ‘South’ Boundary zone

    https://forumaheadoftheherd.vbulleti...-res-tsx-v-abn

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      #77
      Golden Predator TSX.V:GPY is drilling their 3 Aces Project. a 2,500 meter drill program started in the Sprogge area, this is in the southern part of the project just north of their shared border with Aben's Justin project Lost Ace. ABN named their project The Lost Ace believing they had GPY's 4th, the lost ace. GPY's drill program got underway the 27th of July.

      ABN is going to do a small program on Justin, some trenching and field work planned for September.

      rick

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        #78
        SSR Mining is drilling 18,000 meters on their Fisher property just north of Aben's Chico. They are chasing structurally controlled mineralization on the Tabbenor Fault. Further north at the Santoy Seebee they are going to drill 20,000 meters, again on the Tabbenor. This same fault runs thru Chico and there have been a couple of high grade grab samples etc, as well as the never drilled anamoly that comes within 200m of the surface. ABN will be back to this time drill Chico in mid-January Feb. Downey has been up there, things have settled down after the election.

        So at Forest Kerr we have a lot of assays to come, they are drilling hole 20, have guys on the ground working to improve geo-chem between the North and South Boundary Zone. Theres overburden and they need more work between the two discoveries. Justin is getting a wprk program and with Chico drilling ABN will have news flow all winter and will not be a 'northern stock.'

        rick

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          #79
          1 2 3, Aben Is a Three Trick Pony Ride

          http://aheadoftheherd.com/Newsletter...-Pony-Ride.pdf

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            #80
            ABN released the first hole because it was a barrnburner. The best hole drilled in a very long while in Western Canada. They had to release. Not all holes are going to be such high grade. This is an exploration program after all, I suspect the three holes from the South Boundary Zone (SBZ) will be at least as good as the 2017 holes from the North Boundary Zone (NBZ). The other holes could have misses, so so results all the way up to great. It's unreasonable to have expectations of repeating this years bonanza jewellry box assays, unrealistic but not impossible with two such drill hits just 200m apart.

            Cornell our VP Exploration is a pro, he doesn't do the 2 hole release thing, he wants a big pic release and he'll wait till he gets those kind of results. I know they expedited the SBZ three hole results, should see a release next week.

            rick

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              #81
              ABEN RESOURCES CLOSES $950,000 FLOW-THROUGH PRIVATE PLACEMENT

              Aben Resources Ltd. has arranged and closed a non-brokered private placement of 2,375,000 flow-through common shares at a price of 40 cents each for gross proceeds of $950,000. The financing was placed with institutional investors. The company intends to utilize the proceeds from the private placement on the expansion of its 2018 exploration and drilling program at its Forrest Kerr gold project, located in the Golden Triangle region of British Columbia. The company had originally announced and budgeted for up to 5,000 metres of drilling and now intends to at least double that amount this year.

              In connection with this private placement, finder fees of 7 per cent in cash and 7 per cent in finder warrants were paid to PI Financial Corp. as to $66,500 and 166,250 finder warrants. Each finder warrant will entitle the finder to purchase one common share for two years at a price of 60 cents per common share.

              The private placement is subject to TSX Venture Exchange final acceptance, and all securities are subject to a four-month-and-one-day hold period expiring Jan. 12, 2019.

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                #82

                So no warrants attached to the FT shares and finders fee of 7&7 with the warrants at .60. I'm ok with it.

                This fund will hold, and buy in the market, so I'm told.

                rick

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                  #83
                  How a financing should be done!

                  Comment


                    #84
                    ABN has drilled well over 30 holes and should be drilling till freeze up, hopefully late in October. The weather will dictate when we shut down up there.

                    News will be coming for a long time but in the very short term I think we can expect as many as 10 holes, maybe as early as next week.

                    Three will be from the South Boundary Zone (SBZ) and I'm hoping for results from geophysics and geochem ABN's crews have been doing between the North Boundary Zone (NBZ) and the SBZ. They have been working in between looking for mineralization under the shallow overburden, Areas of mineralization discovered would be high priority drill targets that would be drilled this year. The importance of those results is obvious, especially if the three SBZ holes we're expecting hit. The NR regarding those three cores definately talked abundant mineralization of the right type so I'm pretty confident they will carry.

                    rick

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                      #85
                      Golden Triangle, BC Drilling Update

                      https://www.howestreet.com/2018/09/1...illing-update/

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                        #86
                        I bought some ABN today at .29 for a quick trade into news. I missed the fun last time...

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                          #87
                          I'm hoping for news from ABN next week and for CYP to post the PEA on SEDAR as well next week. Get something going, stir the pot, create some excitement. These markets, except the pot sector, are dead. And imo soon the pot stocks will no pun intended suck.

                          Still holding New Carolin V.LAD.

                          rick

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                            #88
                            Load up you're margin account and get ready to buy some put options. The pot bubble is going to burst and we can make big bucks if we are bold enough. Im trying to figure out a good strategy for this.

                            Comment


                              #89
                              ABEN INTERSECTS ADDITIONAL, SHALLOW HIGH-GRADE GOLD MINERALIZATION AT THE NORTH BOUNDARY ZONE OF THE FORREST KERR PROJECT IN BC'S GOLDEN TRIANGLE

                              Aben Resources Ltd. has received additional analytical results from the early-stage drilling at the 23,000-hectare Forrest Kerr property located in the Golden Triangle region of British Columbia. The eight drill holes reported here consist of step-out drilling at the North Boundary Zone and most of the holes intersected shallow, high-grade gold mineralization. Highlights include: 5.08 g/t Au over 12.0m in hole FK18-12; 23.3 g/t Au over 2.0m in hole FK18-13; and 10.62 g/t Au over 3.0m in hole FK18-17. To date, final analytical results have been received for 3,000m of a total projected 10,000m (table of values and hole descriptions near end of release).

                              This step-out drilling has successfully expanded the North Boundary Zone along an interpreted NE-SW trend from the high-grade gold mineralization reported last year in holes FK17-04, 05, and 06 as well as in previously reported FK18-10 which intersected 38.7 g/t Au over 10.0m from 114.0m - 124.0m depth including 62.4 g/t Au over 6.0m (see news release dated August 9, 2018). Several discrete zones of Au-Ag-Cu-Zn mineralization were encountered in all eight drill holes reported here and the multiple mineralized horizons illustrate the strong potential for further discovery of precious metal bearing structures on the Property.

                              Highlights:
                              • Hole FK18-12 returned 5.08 g/t Au over 12.0m (40.0m - 52.0m depth), including 24.25 g/t Au over 2.0m (42.0m - 44.0m depth)..
                              • Hole FK18-13 returned 23.3 g/t Au over 2.0m (106.0m - 108.0m depth).
                              • Hole FK18-17 returned 3.18 g/t Au over 15.0m (232.0m - 247.0m depth) including 11.02 g/t Au over 2.0m (239.0m - 241.0m depth), as well as 31.40 g/t Au over 1.0m (261.0m - 262.0m depth).
                              • North Boundary Zone remains open in all directions.
                              • 36 drill holes completed to date with assays pending for 27 of these holes which were drilled using Oriented Core Drilling techniques.
                              • Drilling continues as part of an expanded program.
                              • Broad soil geochemical anomaly over 4 km in length and continues to yield new discoveries (i.e.: recently-announced South Boundary Zone where final assays are still pending).
                              • New airborne geophysical survey reveals numerous untested target areas.



                              Jim Pettit, President and CEO of Aben Resources stated, "These high-grade step-out holes at North Boundary have expanded the zone which is open in all directions and confirm the presence of a robust mineralizing system in the area. Based on the geochemical and new geophysical data available to us we can clearly see the potential of the area that now includes the North Boundary Zone, the historic Noranda hole 230 meters to the south and the South Boundary Zone another 1.5 kilometers further south. Given the complex geology, we started using Oriented Drill Core techniques after these eight holes reported here which will help in identification of orientation and structure as well as to delineate additional high-grade mineralization. The target areas in and around the Boundary Zones are relatively shallow and continue to provide strong discovery potential as we have only systemically tested a very small area at shallow depths. The Company is awaiting additional assay results from 27 holes, three of which are from South Boundary and the rest from the North Boundary Zone. This new high-grade discovery is still in its early days and with this increased drill program there will be news for some time to come. I would also like to welcome Eric Sprott as a new major shareholder and thank him for his support. The Company now has just over $7 million in the treasury from financings and the exercise of warrants. "

                              Complete assays for the three holes collared 1.5 km south at the South Boundary Zone are still pending. The South Boundary Zone had never been drill-tested and the newly discovered mineralization is encouraging considering the distance between the collar locations in the North and South Boundary Zone. The ground between and beyond the two zones is highly prospective for further discovery of gold and copper-bearing horizons given that they are located within a large gold-in-soil and rock anomaly in similar lithologies. The ubiquitous nature of the veining and widespread alteration regimes indicates that a strong and extensive hydrothermal system operated throughout time across the Boundary Zone. The broader soil geochemical anomaly that covers both the North and South Boundary Zones extends for over 4 km north to south and 1.5 km east to west.

                              Aben has also just completed a 355 line-kilometer airborne Magnetic survey over the entire Boundary Zone with results expected by the end of September. The interpreted results of the survey are expected to greatly assist in identifying fault structures that have good potential to host high-grade precious metal mineralization in the Boundary valley. Mineralization at Boundary is structurally controlled and hosted in a package of volcanic and volcaniclastic rocks from the Jurassic Hazelton Group. Several generations of quartz and quartz-carbonate veining are important hosts to mineralization, as are subordinate breccia zones with strong chlorite, hematite and carbonate alteration. The Boundary Zones lie between the Forrest Kerr Fault to the west, a major deep-seated crustal feature, and the unconformable contact between the Jurassic Hazelton Group and the Triassic Stuhini Group to the East. The rock reflects a prolonged history of strong hydrothermal activity combined with brittle deformation. The Boundary host package Hazelton rocks are also known to be a prolific host to several deposits throughout the region. The North Boundary area shows very little outcrop exposure and contains complex geology which is disrupted by a series of faults of unknown orientation. All additional drilling is implementing Oriented Core Drilling techniques which will aid in determining true thicknesses and establishing structural and lithologic controls to mineralization.


                              Table of Assay Results Hole ID From (m) To (m) Interval (m) Au (g/t) Cu (ppm) FK18-11 334.0 337.0 3.0 2.09 923 incl. 336.0 337.0 1.0 4.55 17 FK18-12 40.0 52.0 12.0 5.08 1,993 incl. 40.0 46.0 6.0 8.78 3,965 incl. 41.0 45.0 4.0 13.03 5,907 incl. 42.0 44.0 2.0 24.25 11,575 FK18-13 106.0 108.0 2.0 23.30 350 FK18-14 No significant results FK18-15 Hole lost at 61.5 m FK18-16 303.0 307.0 4.0 3.13 2,219 incl. 303.0 304.0 1.0 6.95 FK18-17 232.0 247.0 15.0 3.18 598 incl. 238.0 243.0 5.0 5.60 570 incl. 239.0 241.0 2.0 11.02 169 260.0 263.0 3.0 10.62 7,562 incl. 261.0 262.0 1.0 31.40 19,750 283.0 284.0 1.0 8.22 9,110 FK18-18 233.0 237.0 4.0 4.02 2,317 incl. 234.0 236.0 2.0 6.99 3,985 * All assay values are uncut and intervals reflect drilled intercepts true thicknesses and orientations of the various zones is currently not known.


                              North Boundary Plan View Drill map:

                              https://www.abenresources.com/site/a...sept__2018.jpg

                              Summary of Drilling: FK18-11: same pad as FK18-10 at a steeper angle

                              Several intercepts > 1.0 g/t Au were encountered (high 4.55 g/t) throughout its 402m length FK18-12: collar location 40 meters NE of FK18-10 & 11

                              Collared in mineralization at 12.0m (3.5 g/t Au) with a shallow zone between 40-52m that returned 5.1 g/t Au over 1.0m including 34.3 g/t Au over 1.0m FK18-13: collar location same as above

                              Mineralization at or near top returned between 1-3 g/t Au with a high of 23.3 g/t Au over 1.0m at 106m depth FK18-14 & 15: collar location 50m SW of FK18-10 & 11

                              Both holes encountered broken and faulted ground conditions that were poorly mineralized and in the case of FK18-15 lost at 61m FK18-16: collar location as above at steeper dip (-65)

                              Narrow zones of low grade (<1 g/t) gold mineralization near top with a strong sulfide horizon at 300m that returned 1.7 g/t Au over 8.0m FK18-17 & 18: collar location 185m SW of FK18-10 and drilled opposite direction (northward)

                              FK18-17 (-45) pierced a 15.0m zone that tested 3.2 g/t Au with an intercept of 31.4 g/t Au 20m below this zone (240m depth)

                              FK18-18 (-50) hit the same zone of above with 4.0 g/t Au over 4m. Link to additional Cross Section and Plan View maps:

                              https://www.abenresources.com/projects/photo-gallery/

                              Analytical and QA/QC Description:

                              All 1- or 2-meter drill core samples were delivered to ALS Global prep facility in Terrace, British Columbia where they were crushed until 70% passed a 2mm sieve, then a 250g split was pulverized until better than 85% passed a 75-micron screen. Gold was tested via fire assay method Au-ICP21 with all ore-grade samples (>10 g/t) undergoing fire assay with gravimetric finish. ALS performed multi-element ICP-AES package ME-ICP41 in their Vancouver facility to test for 35 other elements. In addition to the quality assurance and quality control program performed by ALS, Aben personnel insert lab certified standards, field blanks and duplicates into the sample stream at the rate of one QA/QC sample in every 10 samples. Cornell McDowell, P.Geo., V.P. of Exploration of Aben Resources, has reviewed and approved the technical aspects of this news release and is the Qualified Person as defined by National Instrument 43-101.

                              About Aben Resources:

                              Aben Resources is a Canadian gold exploration company developing projects in British Columbia's Golden Triangle, the Yukon, and Saskatchewan. The Company is actively exploring its flagship and high-grade Forrest Kerr Project located in the Golden Triangle region where recent drilling has discovered strong precious and base metal mineralization at the North Boundary Zone.

                              Comment


                                #90
                                Wasn't the high grade expected but results do show ABN building near surface high grade mineralization. Story is not over by a long shot.

                                There are 30 some holes left to report and they are still drilling plus doing geo-chem and geo-physics at Forest Kerr and Justin. News will flow till well into December. A short break and then onto Chico.

                                The company is fully cashed up for the rest of this year and next year. In the spring when others are out raising money Aben won't be, they have $7mil in the treasury.

                                "Aben has also just completed a 355 line-kilometer airborne Magnetic survey over the entire Boundary Zone with results expected by the end of September. The interpreted results of the survey are expected to greatly assist in identifying fault structures that have good potential to host high-grade precious metal mineralization in the Boundary valley."

                                "All additional drilling is implementing Oriented Core Drilling techniques which will aid in determining true thicknesses and establishing structural and lithologic controls to mineralization."

                                https://www.boartlongyear.com/insite...-and-planning/

                                "Complete assays for the three holes collared 1.5 km south at the South Boundary Zone are still pending. The South Boundary Zone had never been drill-tested and the newly discovered mineralization is encouraging considering the distance between the collar locations in the North and South Boundary Zone. The ground between and beyond the two zones is highly prospective for further discovery of gold and copper-bearing horizons given that they are located within a large gold-in-soil and rock anomaly in similar lithologies. The ubiquitous nature of the veining and widespread alteration regimes indicates that a strong and extensive hydrothermal system operated throughout time across the Boundary Zone. The broader soil geochemical anomaly that covers both the North and South Boundary Zones extends for over 4 km north to south and 1.5 km east to west."

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