Aben Resources Ltd. Corporate Presentation

Aben Resources Ltd. Corporate Presentation

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  July 2018 1
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  Forward Looking Statements Someof the statements 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. 2 2
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  Aben Trading Symbols TSXVenture Exchange: ABN US OTCQB Market: ABNAF Frankfurt Exchange: E2L2 Shares Outstanding: 81,100,051 Fully Diluted Shares: 100,876,609 Recent Share Price: CDN $0.22 Market Capitalization: CDN $17.8 million 3 3
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  Aben Stock Chart 4 4
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  c• THREE HIGHLYPROSPECTIVE GOLD PROJECTS IN GEOPOLITICALLY FAVOURABLE WESTERN CANADA The flagship Forrest Kerr Project located in BC’s Golden Triangle region proximal to recent discoveries made by GT Gold and Colorado Resources The Chico Project located in Saskatchewan which was recently ranked the #1 mining jurisdiction globally by the Fraser Institute The Justin Project located in the Yukon adjacent to Golden Predator’s 3 Aces Project • SIGNIFICANT HISTORIC WORK HAS BEEN PERFORMED ON ALL PROJECTS INCLUDING HIGH GRADE GOLD IN PREVIOUS DRILLING; ROBUST UPSIDE DISCOVERY POTENTIAL REMAINING • EXPERIENCED MANAGEMENT TEAM WITH PROVEN TRACK RECORDS OF SUCCESS AND FOCUSED EXPERTISE IN WESTERN CANADA 5 5 Aben’s Investment Highlights
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  Management, Directors andAdvisory Board Ronald Netolitzky, M.Sc. Geology: Director, Chairman Ron Netolitzky serves as Chairman of the Board of Aben Resources. Mr. Netolitzky holds a Bachelor of Science degree from the University of Alberta and a M.Sc. degree from the University of Calgary, both in geological sciences. He has had an 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. Notably, two of these deposits and mines, Esaky Creek and Snip, are located in the Golden Triangle of British Columbia. In 2006, his Viceroy Exploration was acquired by Yamana Gold Inc. for its Gualcamayo gold deposit for $577 million. 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. Mr. Pettit is currently serving on the board of directors of five publicly traded companies and offers over 30 years of experience within the industry specializing in finance, corporate governance, executive management and compliance. 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 serves as a Director of Aben Resources and is a professional geologist with over 30 years experience in the mineral exploration industry and is a Qualified Person as defined by National Instrument 43-101. Since earning his degree in Geological Sciences at the University of British Columbia in 1987, Mr. 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. 6
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  Cornell McDowell, P.Geo.,Vice President of Exploration & Qualified Person 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. He has been self-employed as a geological consultant since graduating with a Bachelor of Science (Specialization in Geology) from the University of Alberta in 2005. He has worked with both privately held and publicly listed mineral exploration corporations, most recently with Gold Reach Resources on the Ootsa Project, where in excess of 100,000 meters of drilling has advanced the project from initial stage through resource development to the delivery of a positive PEA. He also serves on the Board of Directors and Audit Committee for Manson Creek Resources Ltd. 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. Mike is passionate about the mineral potential of B.C., and has been actively involved in exploration programs in the Forrest Kerr area since 2005. 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. Mr. Awmack holds a B.Sc. (Honours) Applied Science in Geological Engineering from the University of British Columbia and is registered as a professional engineer with the Association of Professional Engineers and Geoscientists of British Columbia. 7 Management, Directors and Advisory Board
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  8 In Good Company •After a ‘rush’ in late 1980’s, exploration activity slowed down but improvements in infrastructure have changed the game: -Power -Road -Abundant Resources-supplier • Exploration renaissance with close to $100 million in exploration expenditures in 2017 = 40% of total exploration in British Columbia last year • As well as historic deposits • Recent discoveries -GT Gold (GTT) -Garibaldi (GGI) Golden Triangle Region
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  • 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 9 Forrest Kerr Property
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  10 3 Common Themesto the Deposits of the Triangle Region 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 Forrest Kerr Property
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  11 Structural Complex • ForrestKerr Fault Zone transects the entire property • Regionally extensive north trending sub-vertical fault with conjugate sets of steep NE & NW trending faults • Long lived crustal break. Related to Mess Creek to the north and Harrymel/South Unuk Fault Zones? Active from Jurassic with significant movement into the Tertiary • Most recent movement indicates strike-slip (sinistral) movement of 2.5 km and stratigraphy supports east side down (2 km) Forrest Kerr Property
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  • Located inthe center of this Golden Triangle. On trend with several proven and emerging world class polymetallic deposits • Road access to both the southern and northern regions of the property: FK hydro project located in SE part of property • Property wide historic exploration 130 drill holes – 20,057 metres 19, 358 soil samples 2175 rock samples 500 silt samples 12 Forrest Kerr Gold Project
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  • Data compilationstudy 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 • 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 2 km of the regional stratigraphic contact (the red line representing the Hazelton/Stuhini contact). They state, “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 13 Forrest Kerr Gold Project – A New Look
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  Aben’s Forrest Kerr2017 Drill Results Highlights 14 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. • Boundary Zone mineralization remains open in multiple directions with numerous soil geochemical anomalies yet to be drill-tested. Aben will aggressively target the new discovery in 2018 with drilling and a focused geological ground program. • 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. 2017 drilling has shown that base and precious metal mineralization is combined in both a high grade core and across broad intervals. 14
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  15 15 2017 Boundary NorthExploration
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  17 17 Boundary Untested SoilAnomalies
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  18 18 2017 Forrest KerrSoil Sampling Exploration
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  • Aben hasoption to earn up to 80% of Chico Gold Project 125 kilometres east of La Ronge, Saskatchewan and 40 kilometres south of SSR Mining’s Seabee/Santoy mine complex; workable all year round • Seabee/Santoy achieved highest annual gold production in 26 year history in 2016 @ 77,640 ounces from feed averaging 7.91 g/t Au • SSR Mining acquired Seabee/Santoy through its acquisition of Claude Resources in May 2016 with deal valued at $337 million • Chico project has the same structural features as Seabee and Santoy deposits and Chico trend extends over 1.5 km:  Shear hosted gold bearing quartz veining in secondary splays  Multi-episodic tension gash, ribbon and sheeted quartz vein arrays  Gabbro and granite host rocks  Positive gold, copper and silver geochemical associations  Potassic, carbonate, hematite, calc-silicate and silica alteration 19 19 Chico Gold Project – Highlights
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  Chico / Seabee/ Santoy Similarities • Shear hosted gold bearing quartz veining in secondary splays • Multi-episodic tension gash, ribbon and sheeted quartz vein arrays • Gabbro and granite host rocks • Positive gold, copper and silver geochemical associations • Potassic, carbonate, hematite, calc-silicate and silica alteration 20
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  21 Justin Gold Project– NEW Gold-Bearing Vein System; LOST ACE ZONE • Aben owns a 100% interest in the 18,314 acre Justin Gold Project in southeast Yukon adjacent to Golden Predator’s 3 Aces project • Lost Ace Zone is located 2 kilometres along strike from POW Zone • Gold-bearing vein system occurs in a geologic setting that is very similar to mineralization present on Golden Predator’s 3 Aces Project located immediately NW of the Justin Claim Group • Gold grain count from a 3.8 kg bulk sample located 115 metres upslope from the Lost Ace Zone returned 1135 visible gold grains of which 1049 gold grains were classified as pristine suggesting close proximity to lode source 21 Justin Gold Project, Yukon Territory
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  CONTACT INFO. Jim Pettit:President & CEO Don Myers: Corporate Communications Suite 1610, 777 Dunsmuir Street Vancouver, BC, V7Y 1K4, CANADA Tel: (604) 687-3376 Fax: (604) 687-3119 Toll Free: 1-800-567-8181 Web Site: www.abenresources.com Email: [email protected] 22