ATON CONTINUES TO ENCOUNTER GOLD MINERALIZATION AT HAMAMA WEST AND CONFIRMS THAT MINERALIZATION EXTENDS TO DEPTH AND ALONG STRIKE
Vancouver, October 11, 2016: Aton Resources Inc. (AAN: TSX-V) (“Aton” or the “Company”) is pleased to report the results for another six drill holes from the recently completed 38-hole diamond drill campaign, totaling 3,428 metres, at Hamama West. Aton has reported 14 drill holes to date, including these six holes, and will release the remaining holes as assays are received and the results consolidated. Hamama West is one of three zones that comprise the Hamama project, situated within Aton’s 100% owned Abu Marawat concession, located in Egypt. Highlights:
- Drill hole AHA-061 intersected 32.8 metres at 1.09 g/t gold (Au) and 25.59 g/t silver (Ag) from
122.0 to 154.8 metres. This intersection is approximately 70 metres down dip from the 28.0
metres at 2.23 g/t Au and 42.2 g/t Ag previously reported in drill hole AHA-060 (see news release dated July 14, 2016).
- Drill hole AHA-067 encountered 28.3 metres at 1.08 g/t Au and 59.99 g/t Ag from 82 to 110.3
metres. This intersection is approximately 50 metres down dip from the 28.5 metres of 0.39 g/t
Au and 7.4 g/t Ag, an oxide zone intersection, previously reported in drill hole AHA-032 (see
news release dated June 9, 2015).
- Drill hole AHA-071 was drilled to a depth of 266.3 metres and encountered several mineralized
zones, including 39.96 metres at 0.62 g/t Au and 79.43 g/t Ag and 24 metres of 0.66 g/t Au and
40 g/t Ag.
- In addition to gold and silver mineralization, drill holes AHA-067, AHA-070, AHA-071 and AHA-
061 intersected significant zinc mineralization. Drill hole AHA-067 intersected 100.1 metres of
1.48% Zn, from 16 metres downhole; drill hole AHA-70 encountered 20.88 metres of 0.97 % Zn
and drill hole AHA-071 intersected 70 metres of 1.52% Zn. The highest zinc value, 2.21% Zn over 3.04 metres, was encountered in drill hole AHA-061.
“We continue to be excited by the drill results from Hamama West,” stated Mark Campbell, Chief
Executive Officer of Aton. “The latest drill results demonstrate the continuity of gold mineralization down dip and the results from the deeper holes confirmed our belief that mineralization continues to depth. This is significant because it means that there is potential for the sulphide mineralization to host a significant resource. In addition to gold and silver mineralization, we also encountered significant zinc mineralization. For example, drill hole AHA-067 intersected 100.1 metres of 1.48% Zn. Today’s results bring us one step closer to publishing a maiden resource for Hamama West, which we expect to announce sometime in the 4th quarter. We look forward to publishing additional drill results and continuing to advance Hamama.”