Aben Gold Receives Class 1 Quartz Approval to Conduct Exploration at Justin Gold Project
MWN-AI** Summary
Aben Gold Corp. announced a significant development on November 5, 2025, as it received a Class 1 Quartz Approval to proceed with exploration activities at its Justin Gold Project in the Tombstone Gold Belt of Yukon Territory. This approval comes from the Liard First Nations, the Ross River Dena Council, and the Government of Yukon, allowing the company to conduct explorations and diamond drilling during the summer of 2026. Notably, this approval is separate from Aben’s pending Class 3 Quartz Program application, which is still undergoing consultation.
President and CEO Riley Trimble expressed enthusiasm for the opportunity to further explore and develop the project, emphasizing the company's commitment to collaboration with local Indigenous groups during the upcoming exploration season. The approved activities will include grid soil and rock sampling, geological mapping, and diamond drilling, with a focus on the POW and Lost Ace target zones, both of which show promising mineralization potential based on historical exploration data.
Situated on a 7,400-hectare property, the Justin Gold Project has a history of identifying multiple mineralization zones, with notable past drill results indicating significant gold grades. For instance, diamond drilling at the POW Zone in 2011 uncovered 1.25 g/t Au over 60.0 meters. Additionally, recent geophysical surveys identified new anomalies, suggesting untapped mineralization potential in the area.
With a commitment to advancing exploration systematically amid favorable conditions, Aben Gold aims to leverage existing data to refine targets for future drilling under the anticipated Class 3 program. Aben Gold Corp. is focused on increasing shareholder value through new discoveries in stable jurisdictions, with 23.2 million shares outstanding.
MWN-AI** Analysis
Aben Gold Corp. (TSX-V: ABM; OTCID: ABNAF) has received a Class 1 Quartz Approval to conduct exploration at its Justin Gold Project, representing a significant milestone for the company and an opportunity for potential investors. This approval enables Aben to move forward with planned activities in 2026, including soil sampling, geological mapping, and diamond drilling operations, which are critical in validating the project's mineralization potential.
The Justin Gold Project, located within the productive Tintina Gold Belt in Yukon, has shown encouraging historical results, including substantial intercepts of gold from previous drilling activities. For instance, results from the POW Zone highlight a noteworthy 1.25 g/t Au over 60.0 meters, signaling the area's promising mineral wealth. Furthermore, the recent airborne geophysical survey has uncovered anomalies suggesting there may be additional untapped resources between the POW and Lost Ace zones, prompting optimism about resource expansion.
As Aben prepares for its upcoming field program, investors should closely monitor how the company leverages its historical exploration data and integrates the newly obtained geophysical findings. The exploration activities slated for summer 2026 create a tangible opportunity for the company to bolster its gold reserves, which could lead to enhanced shareholder value.
Given the strategic placement of the Justin Gold Project and its proximity to other productive sites, alongside favorable geopolitical conditions in the region, Aben Gold stands at a pivotal juncture. Current market conditions for gold suggest resilience, which may bode well for companies in the sector. However, potential investors should remain aware of inherent exploration risks, as previous results do not guarantee future success. Engaging with the company's activities as they unfold could provide valuable insights and opportunities in the evolving gold exploration landscape.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
Vancouver, BC, Nov. 05, 2025 (GLOBE NEWSWIRE) -- Aben Gold Corp. (TSX-V: ABM ) (OTCID: ABNAF ) (Frankfurt: ML1 ) (“Aben” or “the Company”) announces that it has received a Class 1 Quartz Approval from the Liard First Nations, Ross River Dena Council, and the Government of the Yukon to facilitate a planned summer 2026 field program at the Justin Gold Project in the Tombstone Gold Belt, Yukon Territory. The Class 1 Quartz Approval allows Aben Gold to conduct exploration and diamond drilling activities in 2026 and does not affect the Company's pending Class 3 Quartz Program application, which was submitted in June 2023 and remains under consultation.
President and CEO Riley Trimble states, “We are incredibly excited to be able to explore and develop the Justin Gold Project. We would like to extend our gratitude to Liard First Nation and the Ross River Dena Council for their approval and look forward to working closely with them in the 2026 exploration season.”
Project Location and Target Zone Map
Please click here to view image
The Class 1 Quartz Approval will allow for exploration activities that include grid soil sampling, rock sampling, geological mapping, and diamond drilling. Diamond drilling will be planned to commence immediately after a phase 1 ground program and will primarily target the Lost Ace and POW target zones.
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 ( News Release dated January 10, 2012 ).
- 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 ( News Release dated December 13, 2017 ).
- 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 ( News Release dated January 14, 2019 ).
Lost Ace Channel and Chip Samples from Trenching, Rock, Till and Soil Sampling
Please click here to view image
Please click here to view image
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 ( News Release dated August 19, 2025 ).
The Company is pursuing this program to systematically advance the project amid favourable 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.
Qualified Person:
Cornell McDowell, P.Geo., V.P. of Exploration for Aben Gold, has reviewed and approved the technical aspects of this news release and is the Qualified Person as defined by National Instrument 43-101.
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 the Class 1 Quartz Approval for Aben Resources Ltd Ord ABNAF impact the company's plans for the Justin Gold Project in the Tombstone Gold Belt compared to their pending Class 3 Quartz Program application?
What are the projected outcomes for Aben Resources Ltd Ord ABNAF from the upcoming exploration activities at the POW and Lost Ace zones based on historical results?
How will the results from Aben Resources Ltd Ord ABNAF's planned summer drilling program influence investor confidence and future share value in the context of expanding mineralization potential?
What role do community partnerships, such as with the Liard First Nation and Ross River Dena Council, play in Aben Resources Ltd Ord ABNAF's exploration strategy and overall business model moving forward?
**MWN-AI FAQ is based on asking OpenAI questions about Aben Resources Ltd Ord (OTC: ABNAF).
NASDAQ: ABNAF
ABNAF Trading
-0.93% G/L:
$0.1387 Last:
2,000 Volume:
$0.14 Open:
