Aben Resources Ltd.

Aben Resources Ltd.

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  EXPLORATION & DISCOVERY INBC’S GOLDEN TRIANGLE October 2018
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  2 Some of thestatements in this document may be deemed to be “forward-looking statements”. All statements in this document, other than statements of historical facts, that address events or developments that management of the Company expects, are forward-looking statements. Although 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 the 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.sedar.com for further information. Qualified Person Cornell McDowell, P. Geo., V.P. of Exploration for Aben is the Qualified Person as defined by National Instrument 43-101 and has reviewed and approved the technical information in this presentation. FORWARD LOOKING STATEMENTS
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  3 INVESTMENT HIGHLIGHTS ▴ Firsthole in 2018 program, FK18-10, returned four separate high grade zones within 190 metres downhole New high-grade gold and copper discovery on flagship Forrest Kerr Project in BC’s Golden Triangle Expanded drill program; Gold soil anomalies suggest robust upside discovery potential remaining ▴ The Chico Project in Saskatchewan near SSR’s Santoy and Seabee deposits, and the Justin Project located in the Yukon adjacent to Golden Predator’s 3 Aces Project Year-round news flow from gold projects across Western Canada ▴ Focused expertise in Western Canada ▴ Management & Directors M&A Success (Viceroy Exploration, Bayfield Ventures, Copper Canyon) ▴ Ron Netolizky Discovery Success: Eskay, Snip, Brewery Creek Experienced management team with proven track record of discovery and M&A success ▴ Highest-grade zone consists of 331.0 g/t Au over 1.0m within broad zone averaging 38.7 g/t Au over 10.0m from 114.0-124.0m including 62.4 g/t Au over 6.0m
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  4 Shares Outstanding 110Million Fully Diluted Shares 133 Million Recent Share Price CAD $0.25 Market Capitalization CAD $28 Million Treasury ~$7 Million Notable and Large Shareholders: ▲ Eric Sprott ▲ Management and Insiders ▲ OTP Fund Management ▲ Red Plug Capital * At September 18th, 2018 ABN ABNAF E2L2 CAPITAL STRUCTURE
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  5 Ronald Netolitzky //M.Sc. Geology., Director, Chairman // Illustrious career in the mining and exploration industry with over 40 years of experience and having been directly associated with three major gold discoveries in Canada that subsequently went into production: Eskay Creek, Snip and Brewery Creek. Mr. Netolitzky has been honored with the Prospector of the Year award from the PDAC, and Developer of the Year award from the BC & Yukon Chamber of Mines. In 2015, he was inducted into the Canadian Mining Hall of Fame. James G. Pettit // Director, President & CEO // Jim Pettit has been President & CEO and a Director of Aben Resources since November 2002. Jim was previously Chairman and CEO of Bayfield Ventures Corp. which was acquired by New Gold Inc. in 2014. Timothy Termuende // P.Geo., Director // Tim Termuende has worked on exploration projects throughout North, Central, and South America and has been personally involved in exploration at and around Aben’s flagship project, Forrest Kerr in the Golden Triangle, since the early 1990's. He has been continuously active in mineral exploration throughout western Canada since 1976, and currently oversees a broad range of ongoing exploration projects located throughout British Columbia, Saskatchewan, the Yukon and the Northwest Territories. Cornell McDowell // P.Geo., VP Exploration & QP // Cornell McDowell is a professional geologist registered in both Alberta and British Columbia and serves as Vice President of Exploration for Aben Resources Ltd. and is the Qualified Person. Michael Roberts // Ph.D., P.Geo., Technical Advisory Board // Mike is a professional geologist with over 15 years of experience in mineral exploration and was recently the V.P. of Exploration for Kiska Metals Corporation. As a field geologist for several junior exploration companies and as V.P. for Kiska, Mike has conducted and managed grassroots to advanced exploration programs for base and breccia metals in North America and Australia, typically in partnerships with major mining companies. Henry Awmack // P.Geo., Technical Advisory Board // Henry has over 30 years of experience in the mining industry. As a co-founder of Equity Engineering Ltd. in 1987, Mr. Awmack has managed all aspects of a geological consulting and contracting firm including project planning and execution, hiring of field crews, geological fieldwork, property examinations and preparation of technical reports. He has worked around the world exploring for a variety of commodities and has extensive "on the ground" experience in the Forrest Kerr area in B.C. Focused Expertise in the Golden Triangle and Successful M&A History MANAGEMENT & DIRECTORS
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  6 ▲ Aben’s flagshipgold project totals 23,397 hectares located in a world-class gold district, B.C.’s Golden Triangle ▲ This region has hosted significant mineral deposits including: Pretium (Brucejack), Eskay Creek, Snip, Galore Creek, Copper Canyon, Schaft Creek, KSM, Granduc, Red Chris and more ▲ Exploration renaissance with close to $100 million in exploration expenditures in 2017 = 40% of total exploration in British Columbia last year ▲ Recent nearby discoveries: ▴ GT Gold’s Tatogga Property and Golden Ridge’s Hank Property (both north of Aben’s Forrest Kerr Project) ▴ Colorado Resources’ KSP Property and Garibaldi Resources’ Nickel Mountain (both adjacent to the south of Aben’s Forrest Kerr Project) & THE GOLDEN TRIANGLE FORREST KERR GOLD PROJECT
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  7 ▲ The ForrestKerr Project encompasses 23,397 hectares ▲ A consolidation of three historic claim groups and additional new tenures assembled in July 2016 ▲ Aben has agreements to earn a 100% interest in the total land package by June 2020 through continued exploration by spending $3,000,000 SEVERAL CLAIM GROUPS
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  8 Three Common Themesto the Deposits of the Triangle Region: THREE COMMON THEMES Host Lithology ▲ Stikine Rock from Paleozoic to Mesozoic Hazelton and Stuhini Groups Driver ▲ Early Jurassic (Texas Creek Suite) intrusive rocks act as drivers to the hydrothermal systems Structure ▲ Faults and shear zones provide conduits for hydrothermal fluids Structural Complex: ▲ Forrest Kerr Fault Zone transects the entire property ▲ Extensive sub-faults and shearing throughout region
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  9 A NEW LOOK ▲Data compilation study has been performed incorporating all historic data; regional scale approach to exploration and knowledge is now possible ▴ Priority targets established – led to last year success ▲ Property wide historic exploration 130 drill holes – 20,057 metres, including: 19,358 soil samples, 2,175 rock samples, 500 silt samples ▲ According to recent geologic studies by BC Geological Survey personnel, there is striking evidence now available that may aid in the discovery process in the region. They conclude that most of the major deposits in the region occur within 2km of the regional stratigraphic contact (the red line representing the Hazelton/Stuhini contact): ▴ “If you are near that red line and there’s a clastic sequence coupled with large-scale faults (Forrest Kerr), then you might be in the neighbourhood of BC’s next big deposit, and knowing that is a big game changer for the explorers in the region, because it will get them closer to making a discovery” ▲ Going forward: ▴ Expand on newly discovered Boundary Zone ▴ Test geochemical anomalies
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  10 2017 DRILL RESULTS ▲First season of fieldwork and drilling has led to a significant discovery now called the North Boundary Zone. Significant assays returned: ▲ FK17-04 returned a broad intercept of 0.26 g/t (grams per tonne) Au over 387 metres that includes 6.7 g/t Au, 6.4 g/t Ag and 0.9% Cu over 10.0 metres from 16.0 to 26.0 metres depth. Within this interval was a section which returned 18.9 g/t Au, 16.6 g/t Ag and 2.2% Cu over 3.0 metres ▲ FK17-05 returned a broad intercept of 1.2 g/t Au, 1.8 g/t Ag and 0.21% Cu over 122 metres that includes 10.9 g/t Au, 14.6 g/t Ag and 1.5% Cu over 12 metres with a high grade core of 21.5 g/t Au, 28.5 g/t Ag and 3.1% Cu over 6 metres ▲ FK17-06 returned a broad intercept of 0.51 g/t Au, 1.03 g/t Ag and 0.1% Cu over 94 metres including 2.91 g/t Au, 5.2 g/t Ag and 0.6% Cu over 14 metres ▲ Remains open in multiple directions with numerous soil geochemical anomalies yet to be drill-tested ▲ The zone displays a high degree of continuity for gold, silver and copper mineralization and is open to the East, West, North and down-dip
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  11 BOUNDARY NORTH ZONE– FIRST HOLE First Hole in 2010 Program: FK18-10 ▲ 2018 first hole continuation of 2017 Discovery at Boundary North Zone ▲ Four separate high-grade zones intersected within 190 metres downhole ▲ Highest-grade zone consists of 331.0 g/t Au over 1.0m within broad zone averaging 38.7 g/t Au over 10.0m from 114.0-124.0m including 62.4 g/t Au over 6.0m (true thicknesses undetermined) ▲ Additional high-grade zones in Hole FK18-10 include 22.0 g/t Au, 22.4 g/t Ag over 4.0m; 3.9 g/t Au, 4.0 g/t Ag over 13.0m; and 8.2 g/t Au, 1.4 g/t Ag over 6.0m 2018 Discovery Hole
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  12 BOUNDARY NORTH ZONE
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  13 BOUNDARY NORTH ZONE
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  14 BOUNDARY NORTH ZONE ▲This new discovery is part of the Boundary North Zone and is 230m north of the historic high-grade drill hole drilled by Noranda in 1991 ▲ 2018 Drill Program expanding Boundary North Zone as well as expanding Boundary Zone to the South ▲ Testing existing soil anomalies as well as historic drilling
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  15 EXPANSION POTENTIAL ▲ ExpandedDrill Program targeting geochemical gold anomalies ▲ Geochemical anomalies indicate significant Discovery potential to the South of existing Boundary North Zone Discovery Holes Forrest Kerr Project Boundary Zone Target – Expansion Potential North Boundary Zone North Boundary Zone North Boundary Zone South Boundary Zone South Boundary Zone South Boundary Zone
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  16 MINERALIZATION POTENTIAL ▲ Stuhini-Hazeltoncontact is within 2 km of Kerr Fault ▲ Discovery Potential and the “Red Line”: ▴ The BC Geological Society Exploration Model stresses importance of regional stratigraphic contact coupled with large scale faults Forrest Kerr Project Boundary Mineralization Potential
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  17 FUTURE EXPLORATION TARGETS
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  18 JUSTIN & CHICOPROJECTS
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  Jim Pettit President &CEO Suite 1610 - 777 Dunsmuir Street Vancouver, BC, V7Y 1K4, CANADA Tel: (604) 687-3376 Fax: (604) 687-3119 Toll Free: 1-800-567-8181 [email protected] www.abenresources.com