Forrest Kerr Project, BC

Forrest Kerr Gold Project, Golden Triangle Region, British Columbia

*Aben's 1st Drill Hole of 2018 Discovered Multiple High-Grade Zones including 62.4 g/t Gold over 6.0 metres within 38.7 g/t Gold over 10.0 metres at the North Boundary Zone.

Aben's flagship 23,000 hectares FORREST KERR GOLD PROJECT is located in the heart of a region called the GOLDEN TRIANGLE in northwestern British Columbia. This region has hosted significant mineral deposits including: Pretium (Brucejack), Eskay Creek, Snip, Galore Creek, Copper Canyon, Schaft Creek, KSM, Granduc, Red Chris and more. Aben is acquiring a 100% interest in the Forrest Kerr Project located along the Forrest Kerr Fault which consists of a 40 km long north-south belt overlying rocks of the Hazelton and Stuhini Groups, a complex assemblage of volcanic accumulations with intervening sedimentary sequences which are host to significant gold deposits in the Golden Triangle region.

Forrest Kerr Gold Project, Golden Triangle Region, BC Location Map:
Forrest Kerr Gold Project, Golden Triangle Region, BC Location Map

The Golden Triangle Region, British Columbia

  • After a ‘rush’ in late 1980’s, exploration activity slowed down but improvements in infrastructure have changed the game:
    -Power
    -Road
    -Abundant Resources-suppliers
  • Historic deposits
  • Recent discoveries
    • Aben Resources – Forrest Kerr
    • GT Gold – Saddle
    • Garibaldi Resources – Nickel Mountain

Golden Triangle Region, B.C. Claims Map:

https://www.abenresources.com/site/assets/files/4287/fk-003.jpg

  • The Forrest Kerr Project encompasses 23,397 hectares
  • A consolidation of three historic claim groups and additional new tenures assembled in July 2016
  • Aben has agreements to earn a 100% interest in the total land package by June 2020 through continued exploration by spending $3,000,000

Forrest Kerr Project, BC, Claim Group Map:
Forrest Kerr Project, BC, Claim Group Map

Forrest Kerr Property

3 Common Themes to the Deposits of the Triangle Region

Host Lithology
Stikine Rock from Paleozoic to Mesozoic Hazelton and Stuhini Groups
Driver
Early Jurassic (Texas Creek Suite)  intrusive rocks act as drivers to the hydrothermal systems
Structure
Faults and shear zones provide conduits for hydrothermal fluids

Forrest Kerr Project, BC, Simplified Geology Map:
Forrest Kerr Project, BC, Simplified Geology Map

Structural Complex

  • Forrest Kerr Fault Zone transects the entire property
  • Extensive Sub-Faults and Shearing throughout region

Forrest Kerr Project, BC Structure Map:
Forrest Kerr Project, BC Structure Map

Forrest Kerr Project – A New Look

    • Data compilation study has been performed incorporating all historic data; regional scale approach to exploration and knowledge is now possible
    • Priority targets established – led to last year success
    • Property wide historic exploration 130 drill holes – 20,057 metres, including: (19,358 soil samples, 2175 rock samples 500 silt samples)
    • According to recent geologic studies by BC Geological Survey personnel, there is striking evidence now available that may aid in the discovery process in the region. They conclude that most of the major deposits in the region occur within 2 km of the regional stratigraphic contact (the red line representing the Hazelton/Stuhini contact) 
    • “If you are near that red line and there’s a clastic sequence coupled with large-scale faults (Forrest Kerr), then you might be in the neighbourhood of BC’s next big deposit, and knowing that is a big game changer for the explorers in the region, because it will get them closer to making a discovery”
    • Going forward
    • Expand on newly discovered Boundary Zone
    • Test geochemical anomalies

Aben's Forrest Kerr Project, Golden Triangle, BC Claims Map:

https://www.abenresources.com/site/assets/files/4287/fk-007.jpg

Forrest Kerr Project 2017 Exploration Results

First season of fieldwork and drilling led to a significant discovery now called the North Boundary Zone

    • Drill Hole FK17-04 returned a broad intercept of 0.26 grams per tonne (g/t) Au over 387 metres (m) that includes 6.7 g/t Au, 6.4 g/t Ag and 0.9% Cu over 10.0 m from 16.0 to 26.0 m depth. Within this interval was a section which returned 18.9 g/t Au, 16.6 g/t Ag and 2.2% Cu over 3.0 m.
    • Drill Hole FK17-05 returned a broad intercept of 1.2 g/t Au, 1.8 g/t Ag and 0.21% Cu over 122 m that includes 10.9 g/t Au, 14.6 g/t Ag and 1.5% Cu over 12 m with a high grade core of 21.5 g/t Au, 28.5 g/t Ag and 3.1% Cu over 6 m.
    • Drill Hole FK17-06 returned a broad intercept of 0.51 g/t Au, 1.03 g/t Ag and 0.1% Cu over 94 m including 2.91 g/t Au, 5.2 g/t Ag and 0.6% Cu over 14 m.
    • Remains open in multiple directions with numerous soil geochemical anomalies yet to be drill-tested.
    • The zone displays a high degree of continuity for gold, silver and copper mineralization and is open to the East, West, North and down-dip.

North Boundary 2017 Drill Cross Section at Forrest Kerr Project, BC:
Boundary North 2018 Drill Cross Section at Forrest Kerr Project, BC

Forrest Kerr Project 2018 Video, Golden Triangle Region, BC

The first drill hole of 2018 intersected multiple high-grade gold zones at shallow depths. Drill hole FK18-10 was collared in the North Boundary Zone of the Forrest Kerr Property where drilling late in the season in 2017 discovered strong precious and base metal mineralization. Hole FK18-10 had four separate high-grade zones with the best zone returning and interval of 38.7 g/t Au over 10.0m including 62.4 g/t Au over 6.0m starting at 114 metres downhole.

2018 Drill Hole FK18-10
Visible Gold 2018 Drill Hole FK18-10

2018 Early Drill Results Continuation of 2017 Discovery at North Boundary Zone

North Boundary 2018 Drill Cross Section at Forrest Kerr Project, BC:
Boundary North 2018 Drill Cross Section at Forrest Kerr Project, BC

  • 2018 Drill Program Expanded North Boundary Zone as well as expanding Boundary Zone to the South

North Boundary 2018 Plan View Map, Forrest Kerr Project, BC:
Boundary North 2018 Plan View Map, Forrest Kerr Project, BC

The 2018 series of holes (FK18-37 to 45) focussed on areas immediately adjacent to known high-grade gold horizons and sought to test for an extension of the mineralized area identified at the North Boundary Zone. Results show broad horizons of low-grade gold mineralization punctuated by intermittent intercepts of moderate to high-grade gold-silver-copper-zinc values. Drilling to date has shown that mineralization extends several meters outboard of high-grade precious metal intercepts in subordinate shear structures and vein arrays within a main mineralized core that measures 100m x 200m and remains open at depth.

Three holes have been completed in the South Boundary Zone 1.5 km south of the precious metal mineralization being delineated at the North Boundary Zone. These holes represent the first ever drill holes collared in this target area and have intersected numerous broad horizons of mineralized veins containing abundant pyrite and variable amounts of chalcopyrite. Gold values in all three holes ranged from trace amounts to greater than 5 g/t in the 1- or 2-meter sample intervals.

Forest Kerr Project Boundary Mineralization Discovery Potential

Stuhini-Hazelton Contact is within 2 km of Kerr Fault:

  • The BC Geological Society Exploration Model stresses importance of regional stratigraphic contact coupled with large scale faults

Untested Boundary Zone Soil Anomalies at Forrest Kerr Project, BC:
Untested Boundary Zone Soil Anomalies at Forrest Kerr Project, BC

Forrest Kerr Project 2019 Exploration Targets

2019 exploration at the Forrest Kerr Gold Project will comprise drilling, surface sampling and prospecting across the 23,000-hectare land package. Drill activities will begin at the Boundary Zone in late June, where over 12,000 meters (m) of drilling were completed in 2017 & 2018. North Boundary has previously returned high-grade results such as 38.7 grams/tonne (g/t) (1.12 oz/t) Au over 10.0 m (from 114.0-124.0 m) including 331.0 g/t (9.65 oz/t) Au over 1.0 m in hole FK18-10. Drilling to date has shown that mineralization extends several meters outboard of the high-grade area within subordinate shear structures and vein arrays. Due to the availability of new pad locations specific areas of interest will be revisited. Initially drill testing will focus on the potential for a northward extension of the high-grade mineralized core at North Boundary originally defined by holes FK17-4, 5 and 6 and confirmed with holes FK18-10 & 11. Drill holes are also planned in an area immediately south of North Boundary to test for potential connectivity with an historic high-grade hole of 33.4 g/t Au over 11 m including 326 g/t Au over 0.5 m reported in 1991 by Noranda in drill hole RG91-16 (located 200 m south of the North Boundary mineralized core).

Drill activities will also target polymetallic mineralization at the South Boundary Zone where broad intercepts of gold-silver-copper-zinc values in quartz veins were discovered in holes FK18-19, 20 & 21. An airborne magnetic survey was conducted in late May across the entire Boundary Zone, over an area that measures in excess of 2.0 km x 4.0 km. The magnetic geophysical data will help delineate important geologic structures that influence mineralization and thereby allow the technical team to focus on areas with greater discovery potential.

In addition to the exploration activities at the Boundary Zone, Aben anticipates that a high priority target identified in the Forrest Zone (located 13 km south of Boundary Zone) will also be drill tested this summer. The area of interest at Forrest Zone is defined by highly anomalous gold-in-soil and gold-in-rock values coincident with a strong geophysical conductive anomaly originally reported in 2013. With a new 5-year Multi-Year Area Based (MYAB) exploration permit in hand, which allows for 45 drill sites and helicopter pads, Aben Resources is excited for another productive season of mineral exploration at the Forrest Kerr Property.

Forrest Kerr Project Exploration Target Map:
Forrest Kerr Project, BC Future Targets Map

2017 Soil Sampling Map at Forrest Zone:
2017 Soil Sampling Map at Forrest Kerr Project, BC

Aben Resources and Tahltan Central Government have signed a Communications Agreement that provides a framework for the sharing of information and for joint participation of the Parties in communications with Tahltan membership and communities regarding Aben's activities in the territory. Aben Resources values the positive relationship with the Tahltan Nation and remains committed to participating in a professional relationship that is mutually beneficial and respectful.


Tahltan Central Government - Industry Review 2019

Cornell McDowell, P.Geo., VP of Exploration and a Qualified Person for Aben Resources, as defined by National Instrument 43-101, has reviewed and approved the technical information in this project section.