Overview:

The Golden Triangle represents an incredibly lucrative mining region in Canada. Located in northwestern British Columbia, the region is a hotbed for mineral exploration and acquisition. About 44 percent of the $ 422 million mineral exploration expenditures in BC in 2020 was reportedly spent in the Golden Triangle.

Numerous companies have been operating in the region. Notable groups and their projects include Skeena Resources’ (TSX:SKE) Snip Gold project, and Newmont (NYSE:NEM) and Teck Resources’ (TSX:TECK.B) Galore Creek.

Aben Minerals ((TSXV:ABM, OTCQB:ABNAF, FWB:E2L2) aims to turn exploration into discovery, not only in the Golden Triangle but also in the Red Lake Gold Camp in Ontario, the Yukon, and Southeast BC. The company offers the right combination of an experienced management team and diverse operations across resource-rich Canada and is committed to generating value for investors.

Aben Minerals’ Forrest Kerr Gold project is in the heart of British Columbia’s Golden Triangle. This project is near the famous Eskay Creek and Galore Creek operations. Aben Minerals also has ongoing interests in the Slocan Graphite project, which presents the company with the ability to capitalize from a looming graphite shortage and projected price hike. By having a diverse group of projects located in premier gold camps within Canada, Aben Minerals remains anchored by gold exploration with some exposure to the energy metals space.

From a management perspective, Aben Minerals is led by an experienced management team with decades of expertise in resource exploration and development. James Pettit, the CEO, brings 25 years of industry experience specializing in corporate governance, finance and executive management. Donald Huston, director and CFO, has 30 years of experience in the mineral exploration industry, having worked with numerous mineral exploration projects throughout North America. Meanwhile, Cornell McDowell, VP of exploration and qualified person, has a degree in geology and has been managing mineral exploration projects since graduation. Other staff members bring unique experience and qualifications that build confidence in Aben Minerals.

In 2022, Aben Minerals commenced exploration programs at the Pringle North Project in Ontario and in BC at the Slocan Graphite Project. The company has been granted a five-year area-based mineral exploration permit by the British Columbia Ministry of Energy, Mines and Low Carbon Innovation to conduct mineral exploration on the Slocan graphite property. Meanwhile, it continues to evaluate the Forrest Kerr Project in BC’s Golden Triangle and the Justin Project in the Yukon.

Company Highlights

• Aben Minerals’ 100-percent-owned Forrest Kerr Gold project is located in the middle of the Golden Triangle, an area known for having produced millions of ounces of gold and silver and is proximal to known deposits.
• Aben Minerals also has the option to acquire a 100-percent interest in the Slocan Graphite project in southeast British Columbia. The company received a multi-year, area-based mineral exploration permit from the British Columbia Ministry of Energy, Mines and Low Carbon Innovation to conduct mineral exploration on the property for five years.
• Aben Minerals’ Pringle North gold project is located in Red Lake, Ontario; the company has the option to acquire a 100-percent right, title and interest in the property
• Aben Minerals’’ Justin Gold project is located in the eastern Yukon, Canada. The company has received and filed an NI 43-101 compliant Technical Report for the project in February 2022.
• Aben Minerals is led by a strong management team with decades of experience in mineral exploration, corporate financing and executive management

Key Projects

Slocan Graphite Project

The Slocan Graphite project is located in the Valhalla Range of the Selkirk Mountains, in southeast British Columbia. Slocan Graphite consists of 2,826 hectares and benefits from excellent infrastructure including a high-voltage transmission line within 1.2 kilometers of the property boundaries, an extensive network of forestry roads on and around the property, and an existing graphite processing plant and facilities located 1.5 kilometers west of the property, owned by Eagle Graphite Corporation.

Project Highlights:

• Excellent Infrastructure: There have been significant developments in the area, including proximity to transmission lines, forestry roads and Eagle Graphite’s processing facilities.
• Successful Nearby Projects: The Black Crystal Graphite Quarry is near the project, building confidence for meaningful discoveries.
• Exclusive Rights: As of January 25, 2022, Aben Resources holds the exclusive rights to obtain a 100-percent interest in Slocan Graphite.

The company received a multi-year area-based mineral exploration permit from the British Columbia Ministry of Energy, Mines and Low Carbon Innovation to conduct mineral exploration on the Slocan Graphite Property for five years.

Pringle North Gold Project

The project consists of 1,881 hectares, with Aben Minerals having signed an agreement to gain 100 percent right, title and interest in the property. The Pringle North Project is located 55 kilometers north of the prolific Red Lake Gold Camp in Ontario and straddles the interpreted northern extension of the deep-seated geologic structures that host many of the gold deposits within the Red Lake Gold Camp. The newly termed ‘Red Lake Extension’ is a crustal-scale extensional feature identified by seismic reflection surveys and has been described by the Ministry of Energy, Northern Development and Mines as similar in nature and of significance to the structures that host the Red Lake Gold Belt.

The Red Lake Mining Complex is located within the Red Lake greenstone belt of the Superior Tectonic Province. This belt is host to one of Canada’s largest and richest Archean gold deposits producing more than 26 million ounces of gold since the 1930s. The Red Lake Greenstone Belt is subdivided into several rock assemblages recording magmatic and sedimentary activities that occurred from 2.7 to 3 billion years ago.

Project Highlights:

• Promising Historic Exploration Results: While there has not been much recent work, samples revealed some >95 percentile and >99 percentile anomalous gold.
• Discovery Potential: There has been little systematic exploration throughout the project’s area, creating the potential for exciting gold deposit discovery. The Uchi Subprovince is known for gold deposits, and yet, Pringle North has been underexplored.
• Proximity to Successful Projects: The project is located in an excellent area known for gold mining, including proximity to Red Lake Gold Camp Mine Complex.

Forrest Kerr Gold Project

Aben Minerals’ Forrest Kerr Gold project is located in the heart of British Columbia’s Golden Triangle. Aben Resources has a 100-percent interest in the project, which consists of 23,397 hectares and is near Skeena Resources’ Eskay Creek, the historic Snip Mine, and Newmont’s and Teck Resources’ Galore Creek.

Project Highlights:

• Newly Constructed Infrastructure: Due to recent investments in the Golden Triangle, there is now direct access to the Forrest Kerr Gold project, including a new high-voltage transmission line, a paved highway, and a new seaport.
• Multiple Promising Regions: The Forrest Kerr Gold project has two key divisions: The North Boundary and the South Boundary, which have high prospects for precious metal mineralization. The North Boundary is located at the intersection of the Blind Fault and the Nelson Creek Fault Zone, with numerous positive drill assay results including 3.9 grams per ton (g/t) gold over 13 meters, 22.0 g/t gold over 4 meters, 38.7 g/t gold over 10 meters.
• Positive Historic Drilling Data: The region may have had poor infrastructure, but previous owners explored 30,000 meters with 175 drill holes, 19,358 soil samples, 2,175 rock samples, and 500 slit samples. All of this exploration generated promising results to encourage further exploration and potential development.

Justin Gold Project

The Justin Gold project is located in southeast Yukon on the Tintina Gold Belt. The project covers 7,400 hectares, with Aben Minerals having a 100-percent interest. Historic drilling has generated increased interest in this project, as drill holes have already intersected with gold mineralizations.

Project Highlights:

• Potential for High-grade Gold Deposits: Drilling has yielded positive results, including the 2017 channel sampling, which discovered 1.44 g/t gold over 5 meters and the 2018 trench sampling, which discovered 20.8 g/t gold over 4.4 meters including 88.2 g/t gold over 1 meter.
• Promising Drill Results: Drill intercept results from February 8, 2022: 1.19 g/t gold over 60 meters, including 2.47 g/t gold over 21 meters and 1.49 g/t open over 46.4 meters.
• NI 43-191 technical report filed.

Management Team

James G. Pettit - Director, Chairman and CEO

Jim Pettit has been president and chief executive officer and a director of Aben Resources Ltd. since November 2002. Pettit is currently serving on the board of directors of five publicly traded companies and offers over 25 years of experience within the industry specializing in finance, corporate governance, executive management and compliance. He was previously chairman and CEO of Bayfield Ventures Corp. which was bought by New Gold Inc. in January 2015.

Donald C. Huston - Director and CFO

Don Huston serves as a director and acting chief financial officer of Aben Resources Ltd. and has been associated with the mineral exploration industry for over 30 years. Huston has extensive experience as a financier and in-field manager of numerous mineral exploration projects in North America. He was born and raised in Red Lake, Ontario and spent 15 years as a geophysical contractor with C.D. Huston & Sons Ltd. as mineral exploration consultants in northern Ontario, Manitoba and Saskatchewan. He serves as a director of four Canadian public mineral resource companies.

Timothy Termuende - Director

Tim Termuende serves as a director of Aben Resources Ltd. and is a professional geologist with over 30 years of experience in the mineral exploration industry and is a qualified person as defined by National Instrument 43-101. Termuende is currently the president and chief executive officer of Eagle Plains Resources Ltd. in addition to serving as a director of a number of other public companies.

Since earning his degree in Geological Sciences at the University of British Columbia in 1987, Termuende has worked on exploration projects throughout North, Central, and South America and has been personally involved in exploration within the Forrest Kerr, BC area in the early 1990s. He has been continuously active in mineral exploration throughout western Canada since 1976, and currently oversees a broad range of ongoing exploration projects located throughout British Columbia, Saskatchewan, the Yukon and the Northwest Territories.

Cornell McDowell - Vice-president of Exploration and Qualified Person