|Forrest Kerr Gold Project, Golden Triangle, B.C.|
Aben Resources Corporate Presentation
Aben Resources flagship 23,000 hectares FORREST KERR GOLD PROJECT is located in northwestern British Columbia in a region called the 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.
Highlights of the FOREST KERR PROJECT in BC's GOLDEN TRIANGLE
A World Class Gold District
- Experienced management team with proven track records of success.
- Acquisition through option agreements of the three properties that make up the Forest Kerr Project.
- Significant historic work has been performed across the whole project area.
- Data compilation study has been performed incorporating all historic data from all three properties. A regional scale approach to exploration and knowledge is now possible.
- First season of fieldwork and drilling will include but not be limited to the testing of excellent drill results in historic holes:
- Carcass Creek Zone drill-hole RG91-21 returned 9.87 g/t Gold over 29.3m
- Boundary Zone drill-hole RG91-16 returned 33.4 g/t Gold over 11m
- Gossan Creek Zone has a large, poorly tested Gold in Soil anomaly extending over 3km
Golden Triangle Area, BC Mine Map
- A stable jurisdiction with an abundance of mining and exploration activities
- The Forrest Kerr claim package encompasses in excess of 23,000 hectares
- Aben Resources Ltd. can earn a 100% interest over the entire claim group by expending $3,000,000 on exploration by June 2020
Golden Triangle Area, B.C. Claims Map
Aben's Forrest Kerr, BC Agreement Claims Map
- Existing power line and power generation located on southern segment of property
- Project is road accessible to both the north and south portions of the property
- Proposed power line transects northern portion of the property
- AltaGas-owned 250 man camp located on property
- Northern road has cut through 9km of geology that is very prospective for hosting high grade gold deposits and VMS style gold deposits
Aben's Forrest Kerr, Golden Triangle, BC Claims Map
- Numerous documented poly-metallic occurrences along extent of property (Au, Ag, Cu, Pb, Zn)
- Many property wide multi-element soil geochemical anomalies (over 18,000 soil samples taken to date)
- Several historic localized high grade drill intersections, many occurrences remain untested by drilling
Forrest Kerr Mineralized
- Quartz vein and breccia system that extends in excess of 4km along strike
- Mineralization in drill holes defined over 1.3km in strike length in Carcass Creek Zone
- Open along strike in N-S direction with good potential to extend width of mineralized zone beyond current 250m
RDN Claims: Carcass Creek
- Historic drilling has discovered numerous discrete high-grade Au intersections in addition to wider zones of fault related Au mineralization
- Carcass Creek Zone is adjacent to a large outcrop of early Jurassic intrusive from the Texas Creek Plutonic Suite, a lithology strongly associated with mineralization throughout the Golden Triangle
Forrest Kerr Carcass Creek Zone Map
- Gridded soil data shows a Gold in soil anomaly that extends over 4km. The soil anomaly remains open in all directions
- The Boundary Zone has only been drill tested over a limited area, where high grade Au in quartz veins were intercepted
- High grade Ag, Pb and Zn mineralization has been drilled at the RTB zone, located uphill and adjacent to the Boundary Zone
Forrest Kerr Boundary Zone Map
- The Boundary Zone is comprised of upper Triassic Stuhini Group rocks that are overlain by lower Jurassic Hazelton volcanics and sedimentary rocks, with numerous early Jurassic intrusions present
- This lithologic package is host to the majority of mineral deposits in the Golden Triangle
Forrest Kerr Forgold Claims
- vein breccia and shear system centered around a diorite intrusion of Jurassic age
- Open along strike to the NE & SW
- Strong hydrothermal system with variable precious metal values
- Breccia-shear-vein system with wide mineralized intercepts in historic drilling
- Hosted in Paleozoic rocks with several local early Jurassic intrusives
- Poorly tested Gold in soil anomaly extends over 3km to NE
- Strong discrete conductivity anomaly is both unexplained and untested
Forrest Kerr Gossan Creek
Gold in Soil Map
- These images from Google Earth Engine show the stark contrast in last 20 years as glaciers recede to reveal more rock, structure and potential mineralization
Forrest Kerr Glacier
*Note: Aben has not been able to independently verify the methodology and results from historical work programs within the property boundaries. However, management believes that the historical work programs have been conducted in a professional manner and the quality of data and information produced from them are relevant. In addition, management cautions that past results or discoveries on proximate land are not necessarily indicative of the results that may be achieved on the Forrest Kerr property.
Forrest Kerr Area History
Interest in the Golden Triangle region of British Columbia dates back to 1861 when placer gold was discovered at the confluence of the of the Stikine and Anuk rivers sparking the Stikine Gold Rush. Large-scale lode mining first took place at the Premier Mine located north of Stewart in 1918. In 1964, Cominco discovered the Snip deposit, which commenced operation in 1991; ultimately producing over 1.1 million ounces at an average grade of 27.5 g/t. Eskay Creek was discovered in 1988 and ultimately produced in excess of 3 million ounces of gold and 160 million ounces of silver, in addition to appreciable lead and zinc. Pretivm Resources in June, 2014 announced updated Proven and Probable Mineral Reserves at Valley of the Kings containing 6.9 million ounces of gold from 13.5 Mt grading 15.7 g/t gold, with commercial production scheduled for 2017.
Systematic exploration within regions of the Forrest Kerr project area commenced in the mid-1980s and saw continuous exploration programs from 1988 to 2005. Little work has been completed from 2005-2016. Early work in the project area was focussed on exploration for Eskay-type (VMS) deposits, though the more recent discovery of structurally-related high-grade gold mineralization at Valley of the Kings underscores the variety of exploration targets available to Aben.
Since the completion of significant exploration activity in the early 2000s, the area has seen major infrastructure improvements including roads associated with the construction of the Forrest Kerr and McLymont Creek hydro-electric facilities near the southern boundary of the property and the construction of the 287KV Northwest Transmission Line. Development of the Galore Creek Project has also provided road access to the northern reaches of the Forrest Kerr Project, which provide greatly improved access in addition to new exposures made by road-cuts.
Cornell McDowell, P.Geo., VP of Exploration and a Qualified Person for Aben Resources, as defined by National Instrument 43-101, has reviewed and approved the technical information in this project section.