Drilling permit for Slocan Graphite project is pen
Post# of 1088
(Total Views: 285)
Posted On: 10/14/2022 3:07:40 PM
Drilling permit for Slocan Graphite project is pending .........................
Winter is approaching with 30 feet of snow in the Rocky Mountain of BC, hopefully drilling permit will be issued and drilling will begin in the Spring.
https://www.proactiveinvestors.ca/companies/n...95022.html
Aben Resources reports impressive exploration results from the Slocan Graphite property in British Columbia. A previously unsampled zone 2 km northeast of the main conductive zone returned multiple samples with grades between 1-to-2% graphitic carbon, greatly extending the mineralized trend along strike
https://cdn.proactiveinvestors.com/eyJidWNrZX...ZlciJ9fX0=
Aben Resources Limited - reports impressive exploration results from the Slocan Graphite property in British Columbia
Aben's Multi-Year Area Based (MYAB) permit application remains under review by the provincial government, following consultation with two First Nations groups and the posting of a security reclamation bond
Aben Resources (TSX-V:ABN, OTCQB:ABNAF) Limited provided a sweeping corporate update on impressive analytical results from surface exploration work completed in July 2022 on the Slocan Graphite property, 34 kilometers (km) northwest of Castlegar, in British Columbia.
The diversified Canadian gold and graphite exploration company said exploration work comprised field mapping, rock and soil sampling, and the evaluation of prospective drill sites for a planned future drill program.
Aben geologists took a total of 52 rock and 83 soil samples from areas within and outboard of the strong conductive anomaly identified by a 2010 airborne electromagnetic geophysical survey. Previous work has shown that flake graphite mineralization grading more than 4.5% is hosted in metamorphic rocks within the Tedesco Conductive Anomaly.
The company said results from the 2022 rock sampling program returned a range of grades from trace to 4.36% graphitic flake carbon, which reflects the variety of rock types from which the samples were sourced. A previously unsampled zone located 2 km northeast of the main conductive zone returned multiple samples with grades between 1-to-2% graphitic carbon, greatly extending the mineralized trend along strike.
The discovery compelled Aben to increase the size of the Slocan Graphite property to 2,826 hectares by adding a 439.4 hectare claim via staking. The main Tedesco Conductive Zone has never been drill-tested despite the compelling coincident geophysical conductor and the graphite-bearing surface rock samples, noted the firm.
The soil sampling program results correlate well with known graphite mineralization and will help to delineate new areas to target with increased sampling density, mechanical trenching, and potential drill holes.
Update on permit application
Aben said it formally submitted a Notice of Work application for the Slocan Graphite property with the Ministry of Energy, Mines and Low Carbon Innovation in Spring 2022. The Multi-Year Area Based (MYAB) permit application remains under review by the provincial government, following meaningful consultation with two First Nations groups and the posting of a security reclamation bond, explained the company.
“Communication between Aben, the Ministry and the First Nations is ongoing and progressive, yet a definitive date for receipt of the exploration permit remains uncertain,” added the firm.
The Slocan Graphite project is owned by Eagle Graphite (TSX-V:EGA) Corporation, and is one of only two natural flake graphite production facilities in North America. Aben holds the exclusive right to earn a 100% interest, less 2% Net Production Royalty (NPR) in the road-accessible Slocan project.
Graphite is the most preferred battery anode material for rechargeable batteries and the battery segment is anticipated to create an incremental opportunity worth US$4.6 billion between 2020 and 2025.
Winter is approaching with 30 feet of snow in the Rocky Mountain of BC, hopefully drilling permit will be issued and drilling will begin in the Spring.
https://www.proactiveinvestors.ca/companies/n...95022.html
Aben Resources reports impressive exploration results from the Slocan Graphite property in British Columbia. A previously unsampled zone 2 km northeast of the main conductive zone returned multiple samples with grades between 1-to-2% graphitic carbon, greatly extending the mineralized trend along strike
https://cdn.proactiveinvestors.com/eyJidWNrZX...ZlciJ9fX0=
Aben Resources Limited - reports impressive exploration results from the Slocan Graphite property in British Columbia
Aben's Multi-Year Area Based (MYAB) permit application remains under review by the provincial government, following consultation with two First Nations groups and the posting of a security reclamation bond
Aben Resources (TSX-V:ABN, OTCQB:ABNAF) Limited provided a sweeping corporate update on impressive analytical results from surface exploration work completed in July 2022 on the Slocan Graphite property, 34 kilometers (km) northwest of Castlegar, in British Columbia.
The diversified Canadian gold and graphite exploration company said exploration work comprised field mapping, rock and soil sampling, and the evaluation of prospective drill sites for a planned future drill program.
Aben geologists took a total of 52 rock and 83 soil samples from areas within and outboard of the strong conductive anomaly identified by a 2010 airborne electromagnetic geophysical survey. Previous work has shown that flake graphite mineralization grading more than 4.5% is hosted in metamorphic rocks within the Tedesco Conductive Anomaly.
The company said results from the 2022 rock sampling program returned a range of grades from trace to 4.36% graphitic flake carbon, which reflects the variety of rock types from which the samples were sourced. A previously unsampled zone located 2 km northeast of the main conductive zone returned multiple samples with grades between 1-to-2% graphitic carbon, greatly extending the mineralized trend along strike.
The discovery compelled Aben to increase the size of the Slocan Graphite property to 2,826 hectares by adding a 439.4 hectare claim via staking. The main Tedesco Conductive Zone has never been drill-tested despite the compelling coincident geophysical conductor and the graphite-bearing surface rock samples, noted the firm.
The soil sampling program results correlate well with known graphite mineralization and will help to delineate new areas to target with increased sampling density, mechanical trenching, and potential drill holes.
Update on permit application
Aben said it formally submitted a Notice of Work application for the Slocan Graphite property with the Ministry of Energy, Mines and Low Carbon Innovation in Spring 2022. The Multi-Year Area Based (MYAB) permit application remains under review by the provincial government, following meaningful consultation with two First Nations groups and the posting of a security reclamation bond, explained the company.
“Communication between Aben, the Ministry and the First Nations is ongoing and progressive, yet a definitive date for receipt of the exploration permit remains uncertain,” added the firm.
The Slocan Graphite project is owned by Eagle Graphite (TSX-V:EGA) Corporation, and is one of only two natural flake graphite production facilities in North America. Aben holds the exclusive right to earn a 100% interest, less 2% Net Production Royalty (NPR) in the road-accessible Slocan project.
Graphite is the most preferred battery anode material for rechargeable batteries and the battery segment is anticipated to create an incremental opportunity worth US$4.6 billion between 2020 and 2025.
(0)
(0)Aben Minerals Ltd. (ABNAF) Stock Research Links
Scroll down for more posts ▼