Investorideas.com
Search  Follow Investorideas on Twitter  Investorideas is on Facebook  Investorideas is on Google Plus  Investorideas is on Youtube  Investorideas is on Pinterest  Investorideas is on tumblr  Investorideas is on LinkedIn  Investorideas is on Medium  Investorideas RSS 


Investorideas podcasts on iTunes, Google Play Music and iHeart.com


Aben Awaits Results in the Golden Triangle

Source: Bob Moriarty for The Gold Report

 

September 12, 2017 (Investorideas.com Newswire) The Golden Triangle is hot right now and Bob Moriarty of 321 Gold profiles one exploration company he expects to begin releasing drill results shortly.


With the mind blowing gold assays coming out of GT Gold Corp. (GTT.V) on July 25th of 10.67 meters of 13.03 g/t gold the shares of GTT blasted from $0.38 on when the news came out to a high of $2.41 five weeks later for a 500% increase. Shares of other companies nearby in the Golden Triangle went higher as well with Garibaldi Resources up 590% from $0.175 in late July to $1.21 on September 8 on nothing more than news about sulfide mineralization found at surface.

Like Garibaldi, Aben Resources Ltd. (ABN:TSX.V) is found in the center of the Golden Triangle yet it is only up 152% from $0.105 on July 26th to $0.265 on September 8th. But Aben is about to begin releasing results from a 2,500-meter diamond drill program in the next week or two. Historic results include 29 meters of 9.87-g/t gold and 11 meters of 33.4 g/t gold. Those holes are over 25 years old but found limited follow up due to high drilling costs and limited accessibility. Since then major changes have been made to road access and power has been put in.

A current reinterpretation has been made of the known data that led Aben to their latest drill targets. This is an interesting play because the historic holes were already better than those coming out of GT Gold lately. On September 5th, 2017, the company announced that visually the recent core appears to be similar to the historic high-grade core. We will know just how true that is shortly.

The Chairman of Aben is Ron Netolitzky, famed discoverer of Eskay Creek, the world's highest-grade gold mine at the time. He knows the Golden Triangle; he's been associated with it for nearly thirty years.

Their 23,000 square km flagship Forrest Kerr Gold project in the Golden Triangle measures 50 km long and up to 6 km wide. In addition the company has two other drill ready gold projects including their Chico gold project about 125 km east of La Ronge, Saskatchewan and 40 km south of Silver Standard Resources' Seebee/Santoy mine and a 18,314 acre Justin gold project in the Yukon immediately southeast of Golden Predator's 3 Aces gold project.

Right now the Golden Triangle is hot. Aben will be releasing drill hole assays shortly. The shares could prove explosive.

Aben is an advertiser and I do own shares purchased in the open market. That makes me biased. Their website had excellent information and as always I encourage potential investors to take the responsibility for their own due diligence and investments. While the race is not always to the swiftest, that is the way to bet.

Aben Resources
ABN-V $0.265  (Sep 08, 2017)
ABNAF-OTCBB 26.5 million shares

Aben Resources website

Bob and Barb Moriarty brought 321gold.com to the Internet almost 16 years ago. They later added 321energy.com to cover oil, natural gas, gasoline, coal, solar, wind and nuclear energy. Both sites feature articles, editorial opinions, pricing figures and updates on current events affecting both sectors. Previously, Moriarty was a Marine F-4B and O-1 pilot with more than 832 missions in Vietnam. He holds 14 international aviation records.

Disclosure:

1) Bob Moriarty: I, or members of my immediate household or family, own shares of the following companies mentioned in this article: Aben Resources. Aben Resources is an advertiser on 321 Gold. I determined which companies would be included in this article based on my research and understanding of the sector.

2) The following companies mentioned are billboard sponsors of Streetwise Reports: None. Streetwise Reports does not accept stock in exchange for its services. Click here for important disclosures about sponsor fees. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security.

3) Statements and opinions expressed are the opinions of the author and not of Streetwise Reports or its officers. The author is wholly responsible for the validity of the statements. The author was not paid by Streetwise Reports for this article. Streetwise Reports was not paid by the author to publish or syndicate this article.

4) The article does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. This article is not a solicitation for investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company mentioned on Streetwise Reports.

5) From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles and interviews on the site, may have a long or short position in securities mentioned. Directors, officers, employees or members of their immediate families are prohibited from making purchases and/or sales of those securities in the open market or otherwise from the time of the interview or the decision to write an article, until one week after the publication of the interview or article.


Gold Mining Stocks - Gold Mining Stocks Directory, Gold Stocks News, Research and Resources

Gold-MiningStocks.com - investing ideas in gold and mining stocks

Like Gold Stocks? View our Gold / Mining Stocks Directory

Get News on Mining Stocks


More Info:

Investorideas.com Newswire

This news is published on the Investorideas.com Newswire - a global digital news source for investors and business leaders

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp

Additional info regarding BC Residents and global Investors: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.


Questrade Democratic Pricing - 1 cent per share, $4.95 min / $9.95 max



Join Investor Ideas Members to access the Renewable Energy stocks directory, water stocks, biotech stocks, defense stocks directories and the Insiders Corner