Aton Resources Inc. Is pleased to announce that it has been notified that it is being granted a further one year extension to the exploration licence at its Abu Marawat Concession in the Eastern Desert of Egypt, by the Ministry of Petroleum and Mineral Resources, until January 31, 2020. “We are very pleased that the Ministry and the Egyptian Mineral Resources Authority is extending our licence for another year, thus [...]
Aton Resources Inc. is very pleased to provide investors with a review of the preceding year 2018, by its President and CEO, Mark Campbell. Mark Campbell, President and CEO had the following reflections on 2018: “A year ago, I said that 2017 had been an exceptional year for us and our exploration teams’ achievements, but these now pale almost into insignificance not only compared to what they have accomplished [...]
Aton Resources Inc. is very pleased to provide investors with a further update on the latest results from the Phase 1 reverse circulation percussion drilling and surface channel sampling programmes at its advanced Rodruin prospect, within the Company’s 100% owned Abu Marawat Concession , located in the Eastern Desert of Egypt. Phase 1 drill hole collar plan of the Rodruin project, showing locations of all holes [...]
Aton Resources Inc. is pleased to announce the repayment of the Company’s bridge loan with OU Moonrider , previously announced November 21, 2018 . Aton reports that all 20,500,000 warrants issued in its December 2015 private placement , have been exercised at an exercise price of $0.05 per Warrant, and the Company has issued a total of 20,500,000 common shares to the warrant holders. The proceeds from the exercise [...]
Aton Resources Inc. is very pleased to provide investors with a further update on the now completed Phase 1 reverse circulation percussion drilling programme at its advanced Rodruin prospect, within the Company’s 100% owned Abu Marawat Concession , located in the Eastern Desert of Egypt. Phase 1 drill hole collar plan of the Rodruin project, showing locations of all holes completed Fisheye view looking to the south [...]
Aton Resources Inc. is pleased to announce the completion of the Phase 1 reverse circulation percussion drilling programme at its advanced Rodruin prospect, within the Company’s 100% owned Abu Marawat Concession , located in the Eastern Desert of Egypt. Phase 1 RC programme drill hole collar plan at Rodruin Drilling on hole ROP-034, high on the CBZ Highlights: Drilling was completed on December 3, 2018; 50 RC drill [...]
Aton Resources Inc. announces that it has closed on its bridge loan facility with Ou Moonrider , a significant shareholder of the Corporation. Pursuant to the Facility, the Corporation will borrow C$ 1 million from Moonrider, which loan is repayable on the earlier of six months from closing, on the occurrence of various standard events of default, or on the closing of any debt or equity financing by the Corporation in an [...]
Aton Resources Inc. is very pleased to provide investors with an update on the Phase 1 reverse circulation percussion drilling programme at its advanced Rodruin prospect, within the Company’s 100% owned Abu Marawat Concession , located in the Eastern Desert of Egypt. Schematic geological plan of the Aladdin’s Hill area, showing the location of drill access roads and pads, and drill holes ROP-008 to ROP-017 Abu [...]
Aton Resources Inc. announces that it has entered into a bridge loan facility with Ou Moonride. Pursuant to the Facility, the Corporation will borrow C$ 1 million from Moonrider, which loan is repayable on the earlier of six months from closing, on the occurrence of various standard events of default, or on the closing of any debt or equity financing by the Corporation in an amount in excess of C$ 1.5 million. The loan [...]
Aton Resources Inc. is very pleased to update investors on the status of proposed changes to the terms of the Mineral Resources Act in Egypt. Highlights: It was today announced by Prime Minister Madbouly’s Cabinet that it has approved the long awaited changes to the Mineral Resources Act, and will be moving away from the oil and gas focused Production Sharing Agreement model and abolishing the requirement for a [...]
Aton Resources Inc. is very pleased to provide investors with an update on ongoing exploration activities at its advanced Rodruin prospect, within the Company’s 100% owned Abu Marawat Concession , located in the Eastern Desert of Egypt. Schematic geological plan of the Central Buttress and Spiral Pit areas, showing the location of drill access roads, drill pads and channel sample profiles ROC-018 to ROC-021 Sampling [...]
Aton Resources Inc. is very pleased to update investors with further exploration results from the Rodruin prospect, including assay results from drill holes ROP-004 to ROP-007 completed during the ongoing reverse circulation percussion drilling programme. Rodruin is located within the Company’s 100% owned Abu Marawat Concession , located in the Eastern Desert of Egypt. Surface sampling plan of the Rodruin prospect [...]
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