Aton Resources Inc. is pleased to update investors on the latest drill results from the now completed Phase 2 diamond drilling programme at its advanced Rodruin gold exploration project, located in the Company's 100% owned Abu Marawat Concession , in the Eastern Desert of Egypt. Highlights: Results are now available for a further 7 holes, ROD-111 to ROD-117, drilled at the Aladdin's Hill NE and Central Buttress Zones [...]
Aton Resources Inc. is pleased to update investors on the completion of the Phase 2 diamond drilling programme at its advanced Rodruin gold exploration project, located in the Company's 100% owned Abu Marawat Concession , in the Eastern Desert of Egypt. Highlights: Diamond drilling was completed at Rodruin on December 10, 2022, with a total of 9,073 metres drilled from 85 holes. Final assay results are now expected by [...]
Aton Resources Inc. is pleased to update investors on the current exploration licence at the Abu Marawat Concession , in the Eastern Desert of Egypt. The Company announces that it has requested and has been granted a six month force majeure compensation period, under the provisions of the Abu Marawat Concession Agreement , which will be added to the final exploration period of its current exploration licence at Abu [...]
Aton Resources Inc. is pleased to update investors on the final results from the RC drilling programme at its Hamama West gold-silver project, located in the Company's 100% owned Abu Marawat Concession , in the Eastern Desert of Egypt. Highlights: Assay results have now been received for the final 42 RC drill holes, HAP-163 to HAP-204; Significant intersections include the following: 1.43 g/t Au, 89.86 g/t Ag and 2.48 g/t [...]
Aton Resources Inc. announces that it has granted an aggregate of 3,000,000 stock options to certain directors, officers, and consultants to the Company at an exercise price of $0.21 per option and expiring five years from the date of issuance. About Aton Resources Inc. Aton Resources Inc. is focused on its 100% owned Abu Marawat Concession , located in Egypt's Arabian-Nubian Shield, approximately 200 km north of [...]
Aton Resources Inc. is pleased to update investors on the latest assay results from its Hamama West gold-silver project, located in the Company's 100% owned Abu Marawat Concession , in the Eastern Desert of Egypt. Highlights: Assay results have now been received for a further 27 RC drill holes, HAP-136 to HAP-162; Significant intersections include the following: 3.71 g/t Au, 258.4 g/t Ag and 6.75 g/t AuEq over a 12m [...]
Aton Resources announces that it has entered into an additional bridge loan with OU Moonrider, a significant shareholder of the Corporation. The Loan The Corporation has borrowed C$2,000,000 from Moonrider, which Loan is repayable on the earlier of 12 months from closing, on the occurrence of various standard events of default, or on the closing of any debt or equity financing by the Corporation in an amount in excess of [...]
Aton Resources Inc. is pleased to update investors on drilling results from the West Garida prospect, located in the Company's 100% owned Abu Marawat Concession , in the Eastern Desert of Egypt. Highlights: 5 percussion RC holes were drilled at the West Garida prospect, testing the down dip extensions of mineralised quartz veins mapped at surface; All 5 holes intersected mineralisation associated with the targeted narrow [...]
Aton Resources Inc. is pleased to update investors on progress at its Hamama West gold-silver project, located in the Company's 100% owned Abu Marawat Concession , in the Eastern Desert of Egypt. Highlights: The Hamama West RC infill drilling programme was completed on August 24, 2022, with a total of 6,620m drilled, including 5 holes at the West Garida prospect; Assay results have been received for the first 35 holes [...]
Aton Resources is pleased to update investors on the latest assay results from the Phase 2 diamond drilling programme at its advanced Rodruin gold exploration project. Highlights: Results are now available from a further 11 drill holes, ROD-080 to ROD-090. Holes ROD-080 to ROD-085 were drilled in the Aladdin's Hill area with 2 holes twinning RC percussion holes from the 2018 RC drilling programme. Holes ROD-086 to ROD-090 [...]
Aton Resources announces that further to its news release of July 14, 2022, it has drawn an additional $608,860 pursuant to its bridge loan facility with Ou Moonrider. The proceeds of the Loan will be used by the Corporation for ongoing working capital expenses and continuing its drilling program at Rodruin. In connection with this draw, Moonrider has been issued 2,214,036 non-transferable warrants exercisable for one [...]
Aton Resources announces that it has entered into an additional bridge loan with OU Moonrider, a significant shareholder of the Corporation. Moonrider has also agreed to extend the maturity date of various loans which it has made in the past to the Corporation to June 30, 2023. The Corporation has borrowed C$1,000,000 from Moonrider, which Loan is repayable on the earlier of 12 months from closing, on the occurrence of [...]