Jul 26 2016
Aton Resources Inc. (the "Company") is very pleased to report that following the break for Ramadan and Eid El Fitar, that it has recommenced the 3500m drilling program at its wholly owned Hamama gold-rich Project in Egypt's Eastern Desert. Drilling will continue to be concentrated on Hamama West, in particular on the gold-oxide cap and the primary sulphides zone, where previous drilling intercepted significant mineralization.
PROGRAM SUMMARY
- The balance of 800m will be drilled to complete a total of 3,500 m of diamond core drilling across 32 holes
- Drilling will be focused on oxide mineralization at surface, the oxide/sulphide transition zone and the primary sulphides at depth
- Drill hole lengths will range from 40 m to 220 m
- Cube Consulting Pty to prepare an initial NI 43-101 resource estimate.
- ALS Chemex will continue to process the core samples
- Ten oxide composite drill core samples from the Gold-Oxide Cap will be shipped to ALS Minerals in Kamloops for metallurgical testing including mineral identification using QEMSCAN and XRD analysis
- Capital Drilling's Rig 217 will continue drilling at Hamama
Mark Campbell, President and Chief Executive Officer stated: "We are continuing our exploration program in Egypt, to finish off our drilling program on the Hamama oxide and primary sulphides as part of our program to generate our initial resource estimate at Hamama West. We are extremely pleased with the great job that Capital Drilling has done for us and we look forward to our continued working relationship. Once we have completed the drilling, we will undertake our metallurgical test work and begin the process of preparing our NI 43-101 compliant initial resource estimate at Hamama West. We also intend during August and early September to do extensive geophysical work, covering an area of between 6sqKm and 8sqkm, covering all of the Hamama project area. This will assist us in developing drill targets for our exciting planned fall drilling campaign."
To view the figure associated with this press release, please visit the following link: http://media3.marketwire.com/docs/AAN-Figure.pdf.
ABOUT HAMAMA GOLD DEPOSIT
Hamama is located within a northeast-trending gold-copper belt that extends for 40 km across the Company's Abu Marawat Concession. The Main Horizon of Hamama has a strike length of 3 km and is divided into three main zones; Hamama West (see Figure 1), Hamama Central and Hamama East. Mineralization at Hamama crops out at surface, and at Hamama West is deeply weathered into a soft and friable oxidized blanket called the Gold-Oxide Cap, which extends over 900 m in strike length and has an average vertical depth of 35 m. Drill results in oxide at Hamama West include 37 m at 2.32 g/t Au and 107.1 g/t Ag in AHA-15, 32.6 m at 1.37 g/t Au and 56.4 g/t Ag in AHA-37 and 19 m at 2.46 g/t Au and 157.3 g/t Ag in AHA-46. Preliminary metallurgical (bottle-roll) test results on the Gold-Oxide Cap returned up to 92.2% Au and 65% Ag recovery by cyanide leach from oxide (see January 13, 2015 News Release).
Primary sulphide mineralization at Hamama West returned such intercepts as 48 m at 1.45 g/t Au and 31.8 g/t Ag in AHA-23 and 88 m at 1.11 g/t Au and 118 g/t Ag in AHA-31 (see News Release dates May 12, 2015). The last drill hole from the 2015 drilling program, AHA-58, was entirely mineralized, from surface to 210 m depth, and includes 39 m at 1.64% Zn, 0.25 g/t Au and 25.7 g/t Ag (53 m to 92 m), 12.3 m at 2.49% Zn, 0.29% Cu, 0.26 g/t Au and 41.4 g/t Ag (92 m to 104.3 m), 43.5 m at 3.70% Zn, 0.23% Cu, 2.61 g/t Au and 150 g/t Ag (112.5 m to 156 m) and 50.7 m at 0.69 g/t Au and 29.7 g/t Ag (160 m to 210.7 m).
Source: http://atonresources.com/