Aton Resources provides the following corporate and operations update. Corporate update Aton announces that Dr Sherif Sousa, will step down from his role as Country and General Manager of Aton's branch in Egypt due to other commitments and personal reasons, and will relinquish all positions with Aton as of March 31, 2023. Dr Sousa will continue to be available to provide ongoing support to the Corporation in a consultancy [...]
Aton Resources Inc. is pleased to update investors on the results of further metallurgical testwork from its Rodruin advanced exploration project. Rodruin is located within the Company's 100% owned Abu Marawat Concession , in the Eastern Desert of Egypt. Highlights: 5 composite samples representing the range of oxide mineralisation types at Rodruin underwent further metallurgical testwork investigating both heap leach and [...]
Aton Resources announces that it has entered into an additional bridge loan with OU Moonrider, a significant shareholder of the Corporation. The Loan The Corporation has borrowed C$4.0 million from Moonrider, which Loan is repayable on the earlier of 12 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 [...]
Aton Resources Inc. is pleased to update investors on the final results of the Phase 2 diamond drilling programme at its advanced Rodruin gold exploration project, located in the Company's 100% owned Abu Marawat Concession , in the Eastern Desert of Egypt. Highlights: Diamond drilling was completed at Rodruin on December 10, 2022, with a total of 9,073 metres drilled from 85 holes. The results are now available for the [...]
Aton Resources Inc. reports that its Chief Financial Officer, Stella Chen, has stepped down to pursue new opportunities and that it has appointed Bobby Dhaliwal to replace her with immediate effect. Mr. Dhaliwal works as a financial consultant with a number of TSX-V and CSE listed companies in the resources and technology sector, including in the roles of CFO and controller. These companies are Canada-based with various [...]
Aton Resources Inc. is pleased to update investors on the latest drill results from the now completed Phase 2 diamond drilling programme at its advanced Rodruin gold exploration project, located in the Company's 100% owned Abu Marawat Concession , in the Eastern Desert of Egypt. Highlights: Results are now available for a further 7 holes, ROD-111 to ROD-117, drilled at the Aladdin's Hill NE and Central Buttress Zones [...]
Aton Resources Inc. is pleased to update investors on the completion of the Phase 2 diamond drilling programme at its advanced Rodruin gold exploration project, located in the Company's 100% owned Abu Marawat Concession , in the Eastern Desert of Egypt. Highlights: Diamond drilling was completed at Rodruin on December 10, 2022, with a total of 9,073 metres drilled from 85 holes. Final assay results are now expected by [...]
Aton Resources Inc. is pleased to update investors on the current exploration licence at the Abu Marawat Concession , in the Eastern Desert of Egypt. The Company announces that it has requested and has been granted a six month force majeure compensation period, under the provisions of the Abu Marawat Concession Agreement , which will be added to the final exploration period of its current exploration licence at Abu [...]
Aton Resources Inc. is pleased to update investors on the final results from the RC drilling programme at its Hamama West gold-silver project, located in the Company's 100% owned Abu Marawat Concession , in the Eastern Desert of Egypt. Highlights: Assay results have now been received for the final 42 RC drill holes, HAP-163 to HAP-204; Significant intersections include the following: 1.43 g/t Au, 89.86 g/t Ag and 2.48 g/t [...]
Aton Resources Inc. announces that it has granted an aggregate of 3,000,000 stock options to certain directors, officers, and consultants to the Company at an exercise price of $0.21 per option and expiring five years from the date of issuance. About Aton Resources Inc. Aton Resources Inc. is focused on its 100% owned Abu Marawat Concession , located in Egypt's Arabian-Nubian Shield, approximately 200 km north of [...]
Aton Resources Inc. is pleased to update investors on the latest assay results from its Hamama West gold-silver project, located in the Company's 100% owned Abu Marawat Concession , in the Eastern Desert of Egypt. Highlights: Assay results have now been received for a further 27 RC drill holes, HAP-136 to HAP-162; Significant intersections include the following: 3.71 g/t Au, 258.4 g/t Ag and 6.75 g/t AuEq over a 12m [...]
Aton Resources announces that it has entered into an additional bridge loan with OU Moonrider, a significant shareholder of the Corporation. The Loan The Corporation has borrowed C$2,000,000 from Moonrider, which Loan is repayable on the earlier of 12 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 [...]
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