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 Boundary North 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:
Aben’s Investment Highlights
THREE HIGHLY PROSPECTIVE GOLD PROJECTS IN GEOPOLITICALLY FAVOURABLE WESTERN CANADA
The flagship Forrest Kerr Project located in BC’s Golden Triangle region proximal to recent discoveries made by GT Gold, Colorado Resources, and Garibaldi Resources
The Chico Project located in Saskatchewan which was recently ranked the #1 mining jurisdiction globally by the Fraser Institute
The Justin Project located in the Yukon adjacent to Golden Predator’s 3 Aces Project
SIGNIFICANT HISTORIC WORK HAS BEEN PERFORMED ON ALL PROJECTS INCLUDING HIGH GRADE GOLD IN PREVIOUS DRILLING; ROBUST UPSIDE DISCOVERY POTENTIAL REMAINING
EXPERIENCED MANAGEMENT TEAM WITH PROVEN TRACK RECORDS OF SUCCESS AND FOCUSED EXPERTISE IN WESTERN CANADA
Golden Triangle, BC Region
After a ‘rush’ in late 1980’s, exploration activity slowed down but improvements in infrastructure have changed the game: -Power -Road -Abundant Resources-suppliers
Exploration renaissance with close to $100 million in exploration expenditures in 2017 = 40% of total exploration in British Columbia last year
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 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 Fault Zone transects the entire property
Extensive Sub-Faults and Shearing throughout region
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
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”
First season of fieldwork and drilling has led to a significant discovery now called the North Boundary Zone. Significant assays returned:
FK17-04 returned a broad intercept of 0.26 g/t (grams per tonne) Au over 387 metres that includes 6.7 g/t Au, 6.4 g/t Ag and 0.9% Cu over 10.0 metres from 16.0 to 26.0 metres 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 metres.
FK17-05 returned a broad intercept of 1.2 g/t Au, 1.8 g/t Ag and 0.21% Cu over 122 metres that includes 10.9 g/t Au, 14.6 g/t Ag and 1.5% Cu over 12 metres with a high grade core of 21.5 g/t Au, 28.5 g/t Ag and 3.1% Cu over 6 metres.
FK17-06 returned a broad intercept of 0.51 g/t Au, 1.03 g/t Ag and 0.1% Cu over 94 metres including 2.91 g/t Au, 5.2 g/t Ag and 0.6% Cu over 14 metres.
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.
Boundary North 2017 Drill Cross Section at Forrest Kerr Project, BC:
Forrest Kerr Gold Project & Boundary Zone, Golden Triangle region, BC
2018 Drill Hole FK18-10:
2018 Early Drill Results Continuation of 2017 Discovery at Boundary North Zone
Boundary North 2018 Drill Cross Section at Forrest Kerr Project, BC:
2018 Drill Program Expanding Boundary North Zone as well as expanding Boundary Zone to the South
Testing existing soil anomalies as well as historic drilling
Boundary North 2018 Plan View Map, Forrest Kerr Project, BC:
Stuhini-Hazelton Contact is within 2 km of Kerr Fault Discovery Potential:
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:
Forest Kerr ProjectFuture Exploration Targets
Forrest Kerr Project, BC Future Targets Map:
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.
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.