GlobeNewswire

Aben Commences 2020 Field Program at Forrest Kerr Gold Project

Share

VANCOUVER, British Columbia, June 23, 2020 (GLOBE NEWSWIRE) -- Aben Resources Ltd. (TSX-V: ABN) (OTCQB: ABNAF) (Frankfurt: E2L2) (“Aben” or “the Company”) is pleased to provide an update on the planned commencement of its 2020 field program at the Forrest Kerr Gold Project located in the Golden Triangle region of NW British Columbia.  The field team will arrive to the Project in early July to begin the work program.  This program will consist of mapping, prospecting, and soil and rock sampling to better define existing targets and generate new targets for a potential drill program later in the season.

Highlights for 2020 Field Work include:

  • Correlate and ground-truth downhole data, surface observations and geophysical signatures in the area between the mineralized corridor at South Boundary and high-grade gold mineralization at North Boundary. Drill intercepts from this area include: 1.2 g/t gold over 122.0m (FK17-05), with the best intercept returning 38.7 g/t gold over 10.0m (FK18-10).

  • Geological mapping and prospecting toward the north in the Boundary Valley between the high-grade North Boundary Zone and the Marcasite Gossan, which was last drill-tested prior to 2005.

  • Soil sampling and prospecting in the area immediately south of the South Boundary drill locations.

Proposed Exploration and Drill Targets

Forrest Kerr Project:

The Forrest Kerr Property consists of 4 separate claim blocks comprised of 56 mineral claims (23,397 ha) and is owned 100% by Aben Resources. Numerous areas of interest have been identified since Aben began systematic exploration in 2016, with a total of 70 drill holes (21,968m/72,055’) completed. The Boundary Valley hosts significant surface gold mineralization and complex structural intersections, both of which are important indicators of the potential for discovery of more sub-surface high-grade gold mineralization. The initial exploration focus will be between the North and South Boundary zones, in a transitional area where the Benchlands Fault (South) coalesces with the Nelson Creek Fault Zone (North). 

Historically, minimal exploration has been conducted in the 3.5km-long Boundary-Marcasite corridor to the north of the North Boundary High-grade Zone despite the presence of high-grade precious metal values on surface. And to the south, very limited surface work has been conducted south of the South Boundary mineralized corridor, although discovery potential is high as this area overlies the regional-scale Forrest Kerr Fault Zone and other associated structures. 

Forrest Kerr Tenure Map

Aben Resources would also like to announce that the 2020 Communications Agreement between Aben and the Tahltan Central Government has been signed. Aben looks forward to a continuance of a positive, mutually beneficial working relationship. The Company would also like to state that it has changed the exploration plans for the 2020 season to accommodate concerns about the Coronavirus.  We will be starting the season with a smaller crew to do field work first. When their program is complete and successful, we will follow up after with a drill program, that is contingent on favorable exploration results, thereby keeping the camp population to a minimum.

About Aben Resources:

Aben Resources is a Canadian gold exploration company developing gold-focused projects in British Columbia and the Yukon Territory. Aben is a well-funded junior exploration company with over $1.0 million in the Company’s treasury.

For further information on Aben Resources Ltd. (TSX-V: ABN), visit our Company’s web site at www.abenresources.com

ABEN RESOURCES LTD.

“Jim Pettit”
______________________
JAMES G. PETTIT
President & CEO

For further information contact myself or:
Simon Dyakowski
Aben Resources Ltd.
Strategic Advisor
Telephone: 604-687-3376
Toll Free: 800-567-8181
Facsimile: 604-687-3119
Email: info@abenresources.com

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.com for further information.

About GlobeNewswire

GlobeNewswire
GlobeNewswire
One Liberty Plaza - 165 Broadway
NY 10006 New York

https://globenewswire.com

GlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

Subscribe to releases from GlobeNewswire

Subscribe to all the latest releases from GlobeNewswire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from GlobeNewswire

Government guarantee programme for companies is extended to 31 December 202024.9.2020 13:45:00 CESTPress release

Government guarantee programme for companies is extended to 31 December 2020 The Swedish Government has decided to extend the government guarantee programme for companies. The programme is a credit guarantee scheme that was introduced to mitigate the damage to the economy from the coronavirus crisis. The configuration of the guarantee programme is the same as before and entails that the Swedish National Debt Office can provide credit guarantees for loans to primarily small and medium-sized enterprises in Sweden that have been affected financially by the coronavirus but are otherwise viable. The Debt Office issues the guarantees to banks and credit institutions, which in turn issue the loans to the companies. Businesses can now apply for loans under the guarantee programme until 31 December 2020 by contacting their lender/bank. A list of participating banks and credit institutions is available on the Debt Office’s website. The central government guarantees up to 70 per cent of the loan

Företagsakuten förlängs till 31 december 202024.9.2020 13:45:00 CESTPressemelding

Företagsakuten förlängs till 31 december 2020 Regeringen har beslutat att förlänga Företagsakuten. Företagsakuten är ett kreditgarantiprogram som infördes för att dämpa de ekonomiska skadeverkningarna av coronakrisen. Utformningen av garantiprogrammet är densamma som tidigare och innebär att Riksgälden kan ställa ut kreditgarantier för utlåning till i första hand små och medelstora företag i Sverige som drabbats ekonomiskt av coronaviruset men som för övrigt är livskraftiga. Riksgälden ställer ut garantin till banker och kreditinstitut som i sin tur lånar ut till företagen. Företag kan nu ansöka om lån inom garantiprogrammet fram till den 31 december 2020 genom att vända sig till sin långivare/bank. En lista på anslutna banker och kreditinstitut finns på Riksgäldens webbsida. Staten garanterar upp till 70 procent av lånebeloppet. Fram till och med vecka 38 (18 september) hade 615 lån till ett värde av 2,2 miljarder kronor beviljats inom Företagsakuten. För mer information se Riksgälden

Correction: RESULT OF RIKSBANK REVERSED AUCTIONS SEK COVERED BONDS24.9.2020 11:00:56 CESTPress release

RESULT OF RIKSBANK REVERSED AUCTIONS SEK COVERED BONDS Auction date2020-09-24Loan5531 Coupon1.00 %ISIN-codeSE0006991246Maturity2022-04-08 Tendered volume, SEK mln1,000 +/- 500 Volume offered, SEK mln5,750Volume bought, SEK mln1,000Number of bids8Number of accepted bids2Average yield-0.064 %Lowest accepted yield-0.064 %Highest yield-0.064 %% accepted at lowest yield 50.00 Auction date2020-09-24Loan575 Coupon1.50 %ISIN-codeSE0010546572Maturity2022-12-21 Tendered volume, SEK mln1,000 +/- 500 Volume offered, SEK mln3,650Volume bought, SEK mln1,000Number of bids6Number of accepted bids2Average yield-0.038 %Lowest accepted yield-0.038 %Highest yield-0.038 %% accepted at lowest yield 86.96 Auction date2020-09-24Loan1586 Coupon4.50 %ISIN-codeSE0003174838Maturity2022-09-21 Tendered volume, SEK mln1,000 +/- 500 Volume offered, SEK mln3,500Volume bought, SEK mln1,000Number of bids5Number of accepted bids2Average yield-0.046 %Lowest accepted yield-0.046 %Highest yield-0.045 %% accepted at lowest y

Share Buyback Transaction Details September 17 - 23, 202024.9.2020 10:15:00 CESTPress release

Share Buyback Transaction Details September 17 - 23, 2020 September 24, 2020 - Wolters Kluwer today reports that it has repurchased 115,900 of its own ordinary shares in the period from September 17, 2020, up to and including September 23, 2020, for €8.4 million and at an average share price of €72.62. These repurchases are part of the share buyback program announced on February 26, 2020, under which we intend to repurchase shares for up to €350 million during 2020. The cumulative amounts repurchased to date under this program are as follows: Share Buyback 2020 PeriodCumulative shares repurchased in period Total consideration (€ million)Average share price (€) 2020 to date 3,465,531 232.3 67.04 For the period starting August 6, 2020, up to and including October 28, 2020, we have engaged a third party to execute €100 million of buybacks on our behalf, within the limits of relevant laws and regulations (in particular Regulation (EU) 596/2014) and the company’s Articles of Association. Re

RESULT OF RIKSBANK REVERSED AUCTIONS SEK COVERED BONDS24.9.2020 10:10:00 CESTPress release

RESULT OF RIKSBANK REVERSED AUCTIONS SEK COVERED BONDS Auction date2020-09-24Loan5531 Coupon1.00 %ISIN-codeSE0006991246Maturity2022-04-08 Tendered volume, SEK mln1,000 +/- 500 Volume offered, SEK mln5,750Volume bought, SEK mln1,000Number of bids8Number of accepted bids2Average yield-0.064 %Lowest accepted yield-0.064 %Highest yield-0.064 %% accepted at lowest yield 50.00 Auction date2020-09-24Loan575 Coupon1.50 %ISIN-codeSE0010546572Maturity2022-12-21 Tendered volume, SEK mln1,000 +/- 500 Volume offered, SEK mln3,650Volume bought, SEK mln1,000Number of bids6Number of accepted bids2Average yield-0.038 %Lowest accepted yield-0.038 %Highest yield-0.038 %% accepted at lowest yield 86.96 Auction date2020-09-24Loan1586 Coupon4.50 %ISIN-codeSE0003174838Maturity2022-09-21 Tendered volume, SEK mln1,000 +/- 500 Volume offered, SEK mln3,500Volume bought, SEK mln1,000Number of bids5Number of accepted bids2Average yield-0.046 %Lowest accepted yield-0.046 %Highest yield-.045 %% accepted at lowest yi

Academician Peng Shige from Shandong University Won the "2020 Future Science Prize"24.9.2020 10:00:10 CESTPress release

SHANDONG, China, Sept. 24, 2020 (GLOBE NEWSWIRE) -- The winner of 2020 Future Science Prize was announced in September. Peng Shige, professor at Shandong University and academician of Chinese Academy of Sciences, won the "Mathematics and Computer Science Prize" for his pioneering contributions in the backward stochastic differential equation theory, non-linear Feynman-Kac formula, and non-linear mathematical expectation theory. This year is the fourth time that SDUers have won the Future Science Prize. Since its foundation in 2016, the Future Science Prize has announced 20 winners. The prize, regarded as "the Chinese version of Nobel Prize", is the first Chinese non-governmental science award jointly initiated by groups of scientists and entrepreneurs. It currently includes the "Life Science Prize", "Physical Science Prize" and "Mathematics and Computer Science Prize". It focuses on original basic scientific research, and aims to honor outstanding scientists, attract global scientific