Aben Resources Yukon Exploration Update
Aben Resources Yukon Exploration Update
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Suite 2230, 885 West Georgia Street, Vancouver, BC, V6C 3E8, CANADA
www.abenresources.com
Trading Symbol (TSX-V: ABN), (Frankfurt: E2L)
Email: info@abenresources.com
Telephone: (604) 687-3376
Facsimile : (604) 687-3119
June3, 2011
Vancouver, BC - Aben Resources Ltd. (TSX-V: ABN) (FWB: E2L) (the "Company") is
pleased to announce the mobilization and construction of a summer camp for its
Selwyn Recce Project in the Northwest Territories (NWT). Also, exploration is
slated to commence on the Company's Yukon projects with the Rusty Springs silver
project planned to start by mid-June and the Justin, Hit and Rude Creek gold
projects to follow. Aben has increased its budget to approximately $5 million
for exploration this year in the Yukon and NWT.
Aben's Yukon and NWT Properties Claims Map:
http://www.abenresources.com/i/maps/ABN_Property_Location.jpg
Aben's NWT camp will be located on Willowhandle Lake, 190 kilometres southeast
of the town of Norman Wells. The camp will service the Company's large scale
Selwyn Recce Project that is comprised of the previously announced NWT Permits
totaling 426,821 acres of highly prospective ground (see news release dated Feb.
14, 2011) as well as additional land currently being staked in the Yukon and NWT
directly east of ATAC Resources' (TSX.V-ATC) Rau and Osiris gold zones. The area
has garnered considerable attention recently with the discovery of Carlin-style
mineralization in the Yukon at ATAC Resources' Osiris gold zone. Aben's permits
and newly staked claims cover prospective targets with both Carlin-style
stratigraphy and promising geochemical signatures. In addition to being
prospective for the presence of Carlin-type gold deposits, the permits and
claims have the potential to host carbonate and sedimentary-exhalative ("sedex")
style silver-lead-zinc deposits as well as sediment-hosted copper deposits.
Aben's NWT Selwyn Recce Prospecting Permits:
http://www.abenresources.com/i/maps/ABN-NWT-Prospecting-Permits.jpg
Field crews will be at the camp by June 7, 2011 and will begin a very large
scale regional reconnaissance program that will include geological mapping,
regional prospecting, geochemical surveys and geophysical surveys. Eighteen high
priority targets have been identified to date which will form the focus of the
project's 2011 exploration efforts. These targets were identified as a result of
Aben's recently acquired proprietary database. All in all, this has allowed the
Company to advance the Selwyn Recce Project by at least a year in terms of the
time required to identify these targets.
The Company has been planning the work and exploration programs on its other
Yukon projects which will commence over the next month with the Rusty Springs
Project planned to start by mid-June and the Justin, Hit and Rude Creek Projects
to follow. Aben is currently in the final planning stages for these aggressive
exploration programs in the Yukon and will announce specific details of these
work programs shortly.
About Aben Resources:
Aben Resources is a Canadian gold and silver exploration company developing
properties in the Yukon and Northwest Territories. The Company is well funded
with over $7 million in its treasury.
For further information on Aben Resources Ltd. (TSX-V: ABN), visit our Company's
web site at www.abenresources.com.
ON BEHALF OF THE BOARD OF DIRECTORS
"Jim Pettit"
____________________________
JAMES G. PETTIT
President
For further information contact myself or:
Don Myers
Aben Resources Ltd.
Corporate Communications
Telephone: 604-687-3376
Toll Free: 800-567-8181
Facsimile: 604-687-3119
Email:info@abenresources.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this release.
This news release may contain certain "Forward-Looking Statements" that may
involve a number of risks and uncertainties. There can be no assurance that such
statements will prove to be accurate, and actual results and future events could
differ materially from those anticipated in such statements. For a more detailed
discussion of such risks and other factors, refer to the Company's filings with
Canadian Securities regulators available on www.sedar.com.
--- End of Message ---
Aben Resources Ltd.
Suite 2230 - 885 West Georgia Street Vancouver Canada
Listed: Open Market (Freiverkehr) in Frankfurter Wertpapierbörse;
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Source: Aben Resources Ltd. via Thomson Reuters ONE
[HUG#1521032]
Unternehmen: Aben Resources Ltd. - ISIN: CA20855Q1063