December 2017 - Aben Resources Ltd. · This presentation includes certain “forward-looking...

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December 2017

Transcript of December 2017 - Aben Resources Ltd. · This presentation includes certain “forward-looking...

Page 1: December 2017 - Aben Resources Ltd. · This presentation includes certain “forward-looking statements” within the meaning of applicable ... Tim Termuende serves as a Director

December 2017

Page 2: December 2017 - Aben Resources Ltd. · This presentation includes certain “forward-looking statements” within the meaning of applicable ... Tim Termuende serves as a Director

Forward Looking StatementsThis presentation includes certain “forward-looking statements” within the meaning of applicablesecurities legislation. These statements are based on management’s current expectations and arenaturally subject to certain uncertainty and changes in circumstances. Actual results may varymaterially from the expectations contained herein due to changes in economic, business,competitive and/or regulatory factors.

Aben Resources Ltd. is under no obligation to (and expressly disclaims any such obligation to)update or alter its forward-looking statements whether as a result of new information, futureevents or otherwise. The reader is cautioned not to place undue reliance on forward-lookingstatements.

Technical aspects of this presentation have been reviewed and approved by Mr. Jarrod Brown,P.Geo, hereby identified as the qualified person in accordance with National Instrument 43-101.

Page 3: December 2017 - Aben Resources Ltd. · This presentation includes certain “forward-looking statements” within the meaning of applicable ... Tim Termuende serves as a Director

ABN: TSX VentureABNAF: US OTC Pink SymbolE2L2: Frankfurt

Shares Outstanding: 53,248,149Fully Diluted: 82,278,194Recent Price: $0.12

Trading Symbols / Share Structure

Page 4: December 2017 - Aben Resources Ltd. · This presentation includes certain “forward-looking statements” within the meaning of applicable ... Tim Termuende serves as a Director

Ron Netolitzky – Chairman, DirectorMr. Netolitzky has been very successful in mining exploration with over 35 years of experience and having been directly associated with three major gold discoveries in Canada that have subsequently been put into production; Eskay Creek, Snip and Brewery Creek. He was previously Chairman and President of Viceroy Exploration Ltd., which achieved exploration success with its Gualcaymayo gold project in Argentina resulting in the sale of the company to Yamana Gold in 2006. Mr. Netolitzky was also Chairman of Brett Resources Inc., which was acquired by Osisko Mining Corp. in the Spring of 2010. He is currently a director of several publicly traded exploration companies.

Mr. Netolitzky has been honored with the Prospector of the Year award from the PDAC, and Developer of the Year award from the BC & Yukon Chamber of Mines. In 2015, he was inducted into the Canadian Mining Hall of Fame.

James G. Pettit – President, DirectorJim Pettit has been President & CEO and a Director of Aben Resources Ltd. since November 2002. Mr. Pettit is currently serving on the board of directors of five publicly traded companies and offers over 25 years of experience within the industry specializing in finance, corporate governance, executive management and compliance. Jim was previously Chairman and CEO of Bayfield Ventures Corp. which was bought by New Gold Inc. in January 2015.

Timothy Termuende – P.Geo., DirectorTim Termuende serves as a Director of Aben Resources Ltd. and is a professional geologist with over 30 years experience in the mineral exploration industry and is a Qualified Person as defined by National Instrument 43-101. Mr. Termuende is currently the President and Chief Executive Officer of Eagle Plains Resources Ltd. in addition to serving as a director of a number of other public companies.

Since earning his degree in Geological Sciences at the University of British Columbia in 1987, Mr. Termuende has worked on exploration projects throughout North, Central, and South America and has been personally involved in exploration within the Forrest Kerr, BC area in the early 1990's. He has been continuously active in mineral exploration throughout western Canada since 1976, and currently oversees a broad range of ongoing exploration projects located throughout British Columbia, Saskatchewan, the Yukon and the Northwest Territories.

Management and Board of Directors

Page 5: December 2017 - Aben Resources Ltd. · This presentation includes certain “forward-looking statements” within the meaning of applicable ... Tim Termuende serves as a Director

Regional Tenure

• Silver Standard completed acquisition of Claude Resources May 2016

• Deal valued at $337 million

• Seabee/Santoy achieved highest annual gold production in it’s 26 year history in 2016 @ 77,640 ounces from feed averaging 7.91 g/t

Page 6: December 2017 - Aben Resources Ltd. · This presentation includes certain “forward-looking statements” within the meaning of applicable ... Tim Termuende serves as a Director

Morelli and MacLachlan, 2012

District Geology

Page 7: December 2017 - Aben Resources Ltd. · This presentation includes certain “forward-looking statements” within the meaning of applicable ... Tim Termuende serves as a Director

• Major Trans-Hudson crustal feature 1500+ km, oblique to major boundaries

• Long history of re-activation

• Passes within 8km of Santoyand 100 km of 40M ozHomestake, SD

• Numerous gold showings on trend in Saskatchewan

District Geology

Page 8: December 2017 - Aben Resources Ltd. · This presentation includes certain “forward-looking statements” within the meaning of applicable ... Tim Termuende serves as a Director

• Similar geology and structure to Seabee/Santoy

– Pine Lake volcanics (green) & Gabbro host (purple)

– Primary Tabbernor Fault (blue line)

– Proximal splay 2nd-3rd

order faults (red lines)

– Tertiary controlling faults (yellow lines)

Regional Geology

Page 9: December 2017 - Aben Resources Ltd. · This presentation includes certain “forward-looking statements” within the meaning of applicable ... Tim Termuende serves as a Director

Property Geology & Highlights

• Two north trending diorite lenses (100-300m wide) in granite/granodiorite

• Previous operators: Corona, Cameco, Wayne Fisher, Northwind Resources

• Chico Trend extends over 1.5kms

• Over 100 samples > 500 ppb in eight trenched areas

Page 10: December 2017 - Aben Resources Ltd. · This presentation includes certain “forward-looking statements” within the meaning of applicable ... Tim Termuende serves as a Director

Property Geology & Highlights

• Historic and 2016 Soil samples consistently anomalous along Chico Trend up to 4523 ppb

• Best results from ribbon quartz vein stockworkwithin shear zone especially near contacts

• Right lateral shear system understood but largely untested

Page 11: December 2017 - Aben Resources Ltd. · This presentation includes certain “forward-looking statements” within the meaning of applicable ... Tim Termuende serves as a Director

Property Geology & Highlights

• Significant intercepts in all holes drilled to date

• High grade intercepts from historic drilling– 0.424 oz/ton Au over

0.4m at Chico showing– 0.281 oz/ton Au over

2.0m at Royex

• Historic drilling was shallow. Opportunity to test along known strike and at depth

Page 12: December 2017 - Aben Resources Ltd. · This presentation includes certain “forward-looking statements” within the meaning of applicable ... Tim Termuende serves as a Director

2016 Airborne Geophysics

• Effective in delineating diorite/gabbro lithology

Total Magnetics Vertical Gradient Magnetics

Page 13: December 2017 - Aben Resources Ltd. · This presentation includes certain “forward-looking statements” within the meaning of applicable ... Tim Termuende serves as a Director

Seabee / Santoy Similarities

• Shear hosted gold bearing quartz veining in secondary splays

• Multi-episodic tension gash, ribbon and sheeted quartz vein arrays

• Gabbro and granite host rocks

• Positive gold, copper and silver geochemical associations

• Potassic, carbonate, hematite, calc-silicate and silica alteration

Page 14: December 2017 - Aben Resources Ltd. · This presentation includes certain “forward-looking statements” within the meaning of applicable ... Tim Termuende serves as a Director

Future Work

• Project is drill ready – drilling permits have been obtained

– Along strike and to depth near previous high grade intercepts

– Soil/rock geochemical anomalies– intersecting mineralized vectors

• IP Geophysical surveys to help refine identify additional targets

• Follow up 2016 geochemical anomalies in context of new structural interpretation and geophysical data

• Continued prospecting, geochemical surveys and mapping

Page 15: December 2017 - Aben Resources Ltd. · This presentation includes certain “forward-looking statements” within the meaning of applicable ... Tim Termuende serves as a Director

CONTACT INFO.

Jim Pettit: President & CEODon Myers: Investor Relations

Suite 1610, 777 Dunsmuir StreetVancouver, BC, V7Y 1K4, CANADA

Tel: (604) 687-3376 Fax: (604) 687-3119Toll Free: 1-800-567-8181

Web Site: www.abenresources.comEmail: [email protected]