Aben geologic personnel have been compiling and interpreting geophysical and geologic data from several sources from across the Red Lake Gold Belt, including the finalized results from a high-resolution airborne magnetic survey completed over the Pringle North Property in the Fall of 2021. The magnetic geophysical maps illustrate several apparent convergent structural breaks and extensional features that are common to all gold deposits in the Belt. The structural complexity illustrated by the magnetic survey offers strong evidence of wide-spread shearing, folding and faulting, structural controls that can provide fluid pathways and traps for gold mineralizing fluids in potentially economic concentrations.
Figure 1. Pringle North Property TMI Geophysical Map
https://abenresources.com/site/assets/files/4247/tmi_pringle_north_-_2022.jpg
In addition to the full spectrum of structural controls present on the Property, Pringle North is host to several surface samples that tested at or above the 95th percentile from an overburden sampling program by Agnico Eagle in 2009. A substantial belt of mafic to ultramafic rocks that parallel the
Figure 2. Pringle North Property Gold Values in Till
https://abenresources.com/site/assets/files/4246/gold_values_in_till_-_pringle_2022_map.jpg
About the Pringle North Property:
The Pringle North Property consists of 5 contiguous mining claims covering approximately 1,881 hectares, and is located 55 kilometers north of the prolific Red Lake Gold Camp. The Property sits within the ‘Red Lake Northern Extension’ corridor, an area that saw a marked increase in exploration activity in 2021. The Pringle North Property has had very limited ground exploration so the planned field exploration program in the Spring of 2022 will be an exciting advancement for the Company.
In July, 2021 Aben Resources signed an agreement whereby they can earn-in an 100% right, title and interest in and to the Property by paying to the Optionors a total of
Figure 3. Pringle North Property Location Map
https://abenresources.com/site/assets/files/4245/pringle_property_location_-_2022_map.jpg
Qualified Person:
About Aben Resources:
Aben Resources is a Canadian gold and graphite exploration company with exploration projects in
For further information on
“Jim Pettit”
______________________
President & CEO
For further information contact:
Telephone: 604-416-2978
Toll Free: 800-567-8181
Facsimile: 604-687-3119
Email: info@abenresources.com
Neither
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.
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