Aton Announces Hamama West Gold-Silver Project Updates

Aton Announces Hamama West Gold-Silver Project Updates

Aton Resources Incorporation announced the latest assay results from its Hamama West gold-silver project, which is located at the company’s 100% owned Abu Marawat Concession, in the Eastern Desert of Egypt.

The company‘s updates show results for a further 27 RC drill holes, HAP-136 to HAP-263. The significant intersection include 3.71 g/t Au, 258.4 g/t Ag and 6.75 g/t AuEq over a 12m interval, from surface at drill hole HAP-137; 0.92 g/t Au, 26.50 g/t Ag and 1.23 g/t AuEq over a 66m interval, from 2m depth at hole HAP-148; 0.85 g/t Au, 26.71 g/t Ag and 1.17g/t AuEq over a 66m interval, from 14m depth at hole HAP-155; as well as 0.81 g/t Au, 22.14 g/t Ag and 1.07 g/t AuEq over a 68m interval, from 23m depth at hole HAP-156.

“These latest results from Hamama West continue to meet with our expectations, and are more than respectable,” Tonno Vahk, Aton’s Interim CEO, commented. “The RC drilling is again demonstrating the presence of the wide and continuous body of gold-silver mineralization at Hamama West. Aton is continuing to push ahead with the strategy agreed with our partners at the Egyptian Mineral Resources Authority, which will lead to the initial development of the starter open pit heap leach operation at Hamama West, followed by the Rodruin mine.”

The Hamama West project has an indicated resource of 137,000 ounces of gold equivalent (“AuEq”, gold and silver combined), and an inferred resource of 341,000 ounces AuEq.

A total of 6,620m was drilled for the program, predominantly at the Hamama West zone. 3 holes were completed, for 297m, at the Western Carbonate zone, and 5 holes, for 390m, at the West Garida prospect approximately 3km east of Hamama West, with the remaining 5,933m drilled at Hamama West.

Sarah Samir 3432 Posts

Sarah has been writing in the oil and gas field for 8 years. She has a Bachelor Degree in English Literature. She has three years of experience in the banking sector.


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