Aug 30 2016
Aton Resources Inc. ("the "Company") is very pleased to report that it has begun a regional remote sensing and spectral imaging survey covering the 40km gold mineralized trend at its Abu Marawat concession area in the Eastern Desert of Egypt. This trend runs between its Abu Marawat gold project in the east of the concession area to its Hamama VMS project to the west of the concession area. Within this 40km trend there are ten (10) already identified Brownfield exploration sites mined in recent historic and ancient times. These include the Semna (a sheeted gold-bearing quartz vein in granodiorite) and Sir Bakis prospects (a Gold-rich quartz vein deposit). The survey will cover the copper and gold anomalies in the Miranda area which is considered to be the largest continuous gossan in the Eastern Desert. Other prospects in the study area include the ancient gold mining areas of Massaghat, Zeno, Bohlog, Umm Balata, NE Eradia, El Gidani and Abu Gaharish.
To view "Figure 1: Abu Marawat Concession showing significant gold occurrences," please visit the following link: http://media3.marketwire.com/docs/aton_resources_1067413_aug29_figure01.pdf
The company will also undertake a more specific survey of its Hamama VMS project. This will cover an area of 10 sq km around its already identified 3km strike length (Hamama West, Central and East) to determine the overall extent of mineralization within Hamama. This will compliment the upcoming ground magnetic, ground EM and downhole EM geophysical surveys over 81/2 sq km. The objective of these surveys is to identify massive sulphide targets that will be drilled this fall. Aton is currently working with Cube Consulting to produce its NI 43-101 initial resource at Hamama West, where it has a supergene enriched gold oxide cap in early October.
The remote sensing program will also extend to regional coverage of Aton's large Fatiri concession and in particular to its Rouh Al Hadid and Abu Zawal exploration areas.
The survey is being conducted by one of the leading experts in this field, Dr. Michael Brown, who has undertaken such surveys for mining companies such as Barrick, Anglo Gold Ashanti, Allied Resources, Andiamo and El Dorado Gold as well as for oil and gas companies such as CC Energy and Shell.
INFORMATION CONCERNING ABU MARAWAT AND THE HAMAMA VMS PROJECT
The Hamama project lies within a belt of mineralization and 12 historical mines that extends east north easterly for 40 km across Aton Resources' Abu Marawat Concession. The Main Horizon at Hamama has a strike length of some 3 km but extensions along the same stratigraphic horizon extend this to about 4 1/2 km. Aton believes that this stratigraphic horizon is underexplored and merits additional exploration and that is has a high potential for future discoveries of precious and base metal mineralization. The Hamama mineralized horizon is divided into three main zones; Hamama West, Hamama Central and Hamama East. Mineralization at Hamama outcrops 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 35m.
Source: http://www.atonresources.com/