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 [...]
Aton Resources Inc. is pleased to update investors on drilling results from the West Garida prospect, located in the Company's 100% owned Abu Marawat Concession , in the Eastern Desert of Egypt. Highlights: 5 percussion RC holes were drilled at the West Garida prospect, testing the down dip extensions of mineralised quartz veins mapped at surface; All 5 holes intersected mineralisation associated with the targeted narrow [...]
Aton Resources Inc. is pleased to update investors on progress at its Hamama West gold-silver project, located in the Company's 100% owned Abu Marawat Concession , in the Eastern Desert of Egypt. Highlights: The Hamama West RC infill drilling programme was completed on August 24, 2022, with a total of 6,620m drilled, including 5 holes at the West Garida prospect; Assay results have been received for the first 35 holes [...]
Aton Resources is pleased to update investors on the latest assay results from the Phase 2 diamond drilling programme at its advanced Rodruin gold exploration project. Highlights: Results are now available from a further 11 drill holes, ROD-080 to ROD-090. Holes ROD-080 to ROD-085 were drilled in the Aladdin's Hill area with 2 holes twinning RC percussion holes from the 2018 RC drilling programme. Holes ROD-086 to ROD-090 [...]
Aton Resources announces that further to its news release of July 14, 2022, it has drawn an additional $608,860 pursuant to its bridge loan facility with Ou Moonrider. The proceeds of the Loan will be used by the Corporation for ongoing working capital expenses and continuing its drilling program at Rodruin. In connection with this draw, Moonrider has been issued 2,214,036 non-transferable warrants exercisable for one [...]
Aton Resources announces that it has entered into an additional bridge loan with OU Moonrider, a significant shareholder of the Corporation. Moonrider has also agreed to extend the maturity date of various loans which it has made in the past to the Corporation to June 30, 2023. The Corporation has borrowed C$1,000,000 from Moonrider, which Loan is repayable on the earlier of 12 months from closing, on the occurrence of [...]
Aton Resources is pleased to update investors on the latest results from the Phase 2 diamond drilling programme at its advanced Rodruin gold exploration project. Highlights: Drill holes ROD-076 and ROD-077 were drilled to twin RC percussion holes from the 2018 RC drilling programme, and holes ROD-078 and ROD-079 were drilled to test the Central Buttress Zone; Both the twin holes ROD-076 and ROD-077 showed good correlation [...]
Aton Resources is pleased to update investors on the latest results from the Phase 2 diamond drilling programme at its advanced Rodruin gold exploration project, which is located in the Company’s 100% owned Abu Marawat Concession. Highlights: Drill holes ROD-074 and ROD-075 were drilled to follow up on the sulphide mineralisation intersected in hole ROD-071, which returned 5.76 g/t Au, 42.0 g/t Ag, 0.31% Cu and 2.40% Zn [...]
Aton Resources is pleased to update investors on the latest developments at its Hamama West gold-silver project. Highlights: RC drilling started at Hamama West on May 25, 2022. The programme is expected to take about 2-3 months to complete; “We are happy to announce the start of the RC drilling programme at Hamama West,” said Tonno Vahk, Interim CEO. “This new drilling programme forms an important part of our plans for [...]
Aton Resources is pleased to update investors on the latest assay results from the Phase 2 diamond drilling programme at its advanced Rodruin gold exploration project. Rodruin is located in the Company’s 100% owned Abu Marawat Concession, in the Eastern Desert of Egypt. Diamond drilling is ongoing at Rodruin, with 38 drill holes now having been completed to date, ROD-048 and ROD-051 to ROD-087, for a total of 4,125 [...]
Aton Resources is very pleased to update investors on the latest assay results from the Phase 2 diamond drilling programme at its advanced Rodruin gold exploration project. Rodruin is located in the Company’s 100% owned Abu Marawat Concession. Diamond drilling is ongoing at Rodruin, with 35 drill holes now having been completed to date, ROD-048 and ROD-051 to ROD-084, for a total of 3,862 metres;
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