Justin project may be for sale ...................

Justin project may be for sale ...........................


for at least $8 million as the company has spent nearly $9 million on the project, the company should not sell such a potential property at a loss:


Exploration expenses in Yukon (Justin project) and NW Territory (Selwyn Recce project)

2011 $4,205,874
2012 $2,852,906
2013 $299,142
2014 $118,259
2015 $18,305
2016 $33,635
2017 $64,892
2018 $155,544
2019 $1,315,196
2020 $(179,251)
2021 $
=============
Total: 8,884,502
=============



Exploration expenses in Forrest Kerr

2016 $91,662
2017 $896,753
2018 $2,347,549
2019 $2,760,389
2020 $835,566
2021 $
====================
Current Total: $6,931,919
====================



Justin Project, Yukon

https://www.abenresources.com/projects/justin/



https://investorshangout.com/images/MYImages/...roject.jpg



The money will be used for drilling in the flagship Forrest Kerr gold project for discovery of bonanza gold deposits and to delineate gold resources. The company drilled only 7 holes in the prolific North Boundary zone in 2018 but that is not enough to outline the distribution of gold deposits and tonnage, the company needs to drill some 109 holes just as Stikine Resources did in Eskay Creek mine.


James Pettit said he will drill Forrest Kerr in 2022 for sure. 2022 will be a bonanza year for Aben shareholders as discovery can only get bigger and better, not less.



==============================================
Aben Resources's drill assay and potential gold resource
==============================================

Map of Forrest Kerr and the Boundary Zone.




Assay in North Boundary zone:

Aug 9, 2018 news release

https://sedar.com/GetFile.do?lang=EN&docC...Id=4366630


Sept 25, 2018 news release

https://sedar.com/GetFile.do?lang=EN&docC...Id=4392231







Assay comparison between GT Gold and Aben Resources


GT Gold was acquired by Newmont for $3.25 a share






Being a close neighbor to Eskay Creek mine with similar geology, Forrest Kerr can potentially has similar gold deposits.



https://investorshangout.com/images/MYImages/...tlines.jpg




Reference:


https://sedar.com/DisplayCompanyDocuments.do?...o=00005652


Annual Report publish date

for fiscal year 2011 - Jan 23, 2012
for fiscal year 2012 - Dec 14, 2012
for fiscal year 2013 - Dec 23, 2013
for fiscal year 2014 - Jan 19, 2015
for fiscal year 2015 - Jan 25, 2016
for fiscal year 2016 - Jan 24, 2017
for fiscal year 2017 - Jan 22 , 2018
for fiscal year 2018 - Jan 24 , 2019
for fiscal year 2019 - Jan 24, 2020
for fiscal year 2020 - Jan 28, 2021
for fiscal year 2021 - Jan xx, 2022



The company's fiscal year is from October 1 to September 30.