Aben Gold Applies for Class 1 Quartz Program to Advance Exploration at Justin Gold Project
MWN-AI** Summary
Aben Gold Corp. (TSX-V: ABM) recently announced the submission of a Class 1 Quartz Program application for its Justin Gold Project, located in the Tombstone Gold Belt of Yukon Territory. This application, filed in early August 2025, is aimed at facilitating low-impact exploration activities before the winter season. The planned Phase 1 program, set for late September 2025, includes grid soil and rock sampling, geological mapping, and camp refurbishment. These activities are designed to leverage existing geological data and enhance understanding of the project’s mineralization potential.
The Justin Gold Project, spanning 7,400 hectares, is 100% owned by Aben and is situated adjacent to Seabridge Gold's 3 Aces Project. Historical exploration has highlighted significant zones of interest, including the POW and Lost Ace zones. Notably, past diamond drilling at the POW Zone revealed impressive grades, such as 1.25 g/t Au over 60 meters, while the Lost Ace Zone produced trenching results of 20.8 g/t Au over 4.4 meters.
The recent QMAGT airborne geophysical survey further identified geophysical and geochemical anomalies in previously under-explored areas between these zones, indicating considerable potential for expanded mineralization. Aben’s systematic exploration approach, based on historical data, paves the way for future drilling opportunities under the anticipated Class 3 Quartz Program, which remains under review.
Aben Gold aims to enhance shareholder value through new discoveries in geopolitically favorable regions and shares outstanding amount to 23.2 million. For more information, interested parties can visit Aben Gold’s website or reach out to President & CEO Riley Trimble directly.
MWN-AI** Analysis
Aben Gold Corp.'s recent application for a Class 1 Quartz Program at its Justin Gold Project marks a pivotal development for the company, which presents potential opportunities for market investors. The 7,400-hectare property in the Yukon’s Tintina Gold Belt has historical geological data suggesting significant mineralization potential, particularly through previous drilling results that have returned impressive gold grades.
The timing of their application is strategic; by facilitating low-impact exploration activities prior to winter, Aben aims to capitalize on favorable conditions for advancing initial fieldwork, which sets the stage for more intensive exploration under the expected Class 3 Quartz Program. The preliminary activities—such as grid soil sampling, geological mapping, and camp refurbishment—will harness historical data and recent geophysical findings, promoting the development of clearer, more targeted drilling plans.
Investors may view Aben Gold's exploration strategy as well-calibrated, especially given the proximity to Seabridge Gold’s 3 Aces Project, which underscores the geological potential of the area. The previous success at both the POW Zone and Lost Ace Zone, where high gold grades were reported, enhance investor confidence in the project’s viability.
However, it's critical to note that while historical results indicate potential, they do not guarantee future performance. Investors should monitor the outcome of the Class 1 application and overall market conditions, as fluctuations in gold prices and exploration success will be key indicators of Aben’s future trajectory.
With 23.2 million shares outstanding, Aben Gold Corp. remains a speculative play in the gold exploration sector, but the recent developments signal a proactive approach to exploration amid a favorable environment for gold investment. Investors should consider positioning themselves with a watchful eye on the forthcoming exploration results and market dynamics.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
Vancouver, BC, Sept. 09, 2025 (GLOBE NEWSWIRE) -- Aben Gold Corp. (TSX-V: ABM ) (OTCQB: ABNAF ) (Frankfurt: ML1 ) (“Aben” or “the Company”) announces that it has submitted an application for a Class 1 Quartz Program in early August 2025 to facilitate a planned field program at the Justin Gold Project in the Tombstone Gold Belt, Yukon Territory. This application is intended to enable initial exploration activities in 2025 and does not affect the Company's pending Class 3 Quartz Program application, which was submitted in June 2023 and remains under review.
Project Location and Target Zone Map
https://abengold.com/site/assets/files/3822/justin2023_005.jpg
The Class 1 Quartz Program, if approved, would allow for low-impact exploration work prior to the onset of winter conditions. The proposed Phase 1 program, targeted for late September 2025, includes grid soil sampling, rock sampling, geological mapping, and camp refurbishment.
These activities are designed to build upon the project's established mineralization potential and recent geophysical data, providing further data to guide future exploration efforts.The Justin Gold Project, a 7,400-hectare property 100% owned by Aben, is located in the southeast Yukon within the Tintina Gold Belt, adjacent to Seabridge Gold’s 3 Aces Project. Historical exploration has identified multiple zones of interest, including the POW Zone and Lost Ace Zone (2km along strike from POW).
Historical Results
- At the POW Zone, diamond drilling in 2011 returned 1.25 g/t Au over 60.0 metres in hole JN11009, including 2.47 g/t Au over 21.0 metres, and 2.52 g/t Au and 29.53 g/t Ag over 12.0 metres in hole JN11010.
- A 2017 3.8kg bulk sample was collected from the area between the Pow Zone and the Lost Ace and sent for gold grain count analysis. Of the 1135 gold grains recovered, 1049 were classified as pristine suggesting close proximity to lode source.
- At the Lost Ace Zone, trenching in 2018 yielded 20.8 g/t Au over 4.4 metres, including 88.2 g/t Au over 1.0 metre.
Lost Ace Channel and Chip Samples from Trenching, Rock, Till and Soil Sampling
https://abengold.com/site/assets/files/3822/abn_justin_jn2018_gold_grains.jpg
https://abengold.com/site/assets/files/3822/abn_justin_jn2018-1_select_coarse_gold_grains.jpg
These results, combined with a total of 4,972 metres drilled across 21 holes to date, indicate the presence of both intrusion-related and orogenic gold systems.
Recent work, including the 2024 QMAGT airborne geophysical survey, has identified coincident geophysical and geochemical anomalies in under-explored areas between the POW and Lost Ace zones, highlighting potential for expanded mineralization.
The Company is pursuing this program to systematically advance the project amid favorable seasonal conditions, leveraging historical data to refine targets for potential future drilling under the anticipated Class 3 Quartz Program.
Please note that historical results are not indicative of future results.
About Aben Gold:
Aben Gold Corp. is a Canadian gold exploration company with exploration projects in the Yukon Territory and British Columbia. The Company’s flagship, the 7,400-hectare, 100% owned Justin Gold Project is located in the southeast Yukon in the Tintina Gold Belt adjacent to Seabridge Gold’s 3 Aces Project. Aben Gold also owns 100% of the Forrest Kerr Gold Project located in the Golden Triangle of British Columbia and shares claims borders with Skeena’s KSP Project, and Seabridge Gold’s Iskut Project.
The Company’s goal is to increase shareholder value through new discoveries and developing exploration projects in geopolitically favourable jurisdictions.
The Company has 23.2 million shares outstanding.
For further information on Aben Gold Corp. (TSX-V: ABM ), visit our Company’s website at www.abengold.com .
ABEN GOLD CORP.
“Riley Trimble”
______________________
Riley Trimble
President & CEO
For further information contact:
Aben Gold Corp.
Riley Trimble, President & CEO
Telephone: 604-639-3852
Facsimile: 604-687-3119
Email: info@abengold.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 release includes certain statements that may be deemed to be "forward-looking statements". All statements in this release, other than statements of historical facts, that address events or developments that management of the Company expects, are forward-looking statements. Although management believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in the forward-looking statements. The Company undertakes no obligation to update these forward-looking statements if management's beliefs, estimates or opinions, or other factors, should change. Factors that could cause actual results to differ materially from those in forward-looking statements, include market prices, exploration and development successes, continued availability of capital and financing, and general economic, market or business conditions. Please see the public filings of the Company at www.sedarplus.ca for further information.
FAQ**
How does Aben Gold Corp.'s latest exploration activities, including the planned Phase 1 program at the Justin Gold Project, impact the investment outlook for Aben Resources Ltd Ord ABNAF in the evolving gold market?
Given the historical results from the Justin Gold Project, what potential does Aben Resources Ltd Ord ABNAF have for significant gold discovery during the upcoming field program?
In what ways could the approval of the Class 1 Quartz Program influence investor sentiment and stock performance for Aben Resources Ltd Ord ABNAF given the current exploration landscape?
What are the key financial implications for Aben Resources Ltd Ord ABNAF if the planned exploration program yields positive results in terms of mineralization potential at the Justin Gold Project?
**MWN-AI FAQ is based on asking OpenAI questions about Aben Resources Ltd Ord (OTC: ABNAF).
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