Aton Resources

Aton Resources Inc. (TSX.V: AAN) is a Canadian precious and base-metal explorer and developer focused on the advancing mineral exploration projects in the Eastern Desert of Egypt[1] (which is located within the Arabian-Nubian Shield). It has offices in Vancouver, Canada and Cairo, Egypt. Mark W. Campbell took over as President and Chief Executive Officer in October 2015.It is listed on the TSX Venture Exchange.

Operations

The company holds two mineral concessions, Abu Marawat covering an area of 1,027 square kilometers and the Fatiri covering an area of 1,745 square kilometers.[2] The Abu Marawat Concession was previously controlled by Centamin[3] and was subsequently awarded to Alexander Nubia as part of the international bid round.[4] The concessions are located in close proximity to excellent infrastructure (near to railway, seaport, high tension electricity grid and the major cities of Qena and Safaga).[5]

Within the Abu Marawat Concession are several different deposits representing different geological environments.

  1. Abu Marawat: a mesothermal gold-copper vein deposit
  2. Hamama: a volcanogenic massive sulfide ore deposit
  3. South Miranda: a copper-gold porphyry deposit
  4. Semna: a sheeted gold-bearing quartz vein structure in granodiorite deposit
  5. Sir Bakis, Massaghat, Zeno and Bohlog: a gold-rich quartz vein deposit

The company focuses on two principal deposits, Hamama and Abu Marawat.[6]

References

  1. ↑ "Alexander Nubia Intl: focused on two gold rich properties in Egypt". Proactiveinvestors.com. 2012-06-29. Retrieved 2012-09-08.
  2. ↑ Bloomberg, Bloomberg. "Snapshot Company". Retrieved 7 September 2012.
  3. ↑ general, general. "Mining in Egypt". Retrieved 7 September 2012.
  4. ↑ Nadine, Marroushi. "New leadership targets ambitious growth for Egypt's mines". Egypt Independent. Retrieved 7 September 2012.
  5. ↑ Cambridge House, Cambridge House. "Alexander Nubia International". Retrieved 7 September 2012.
  6. ↑ Not stated (August 15, 2012). "Targets in the Abu Marawat Concession, Egypt. Gold grades up to 470 g/t from a channel sampling program at Massaghat". Market Watch. Retrieved 8 September 2012.
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