Aton Provides Regional Target Identification Program Update

Aton Resources Inc. (TSXV:AAN) (“Aton” or the “Company”) is pleased to provide investors with the results from the first phase of the regional target identification program at the Company’s 100% owned Abu Marawat concession (“Abu Marawat” or the “Concession”), located in the Eastern Desert of Egypt.
Highlights:

• Aton’s field crews have sampled the Abu Gaharish, Bohlog, Waayrah, West Garida and Sir Bakis prospects;
• Field inspection and sampling of the Abu Gaharish prospect has defined the presence of high grade structurally controlled gold mineralization over a strike length of almost 2km, coincident with a spectral anomaly;
• Two-thirds of samples from Abu Gaharish returned assays greater than 1 g/t Au (see Appendix A), with channel and grab samples returning assays up to 22.6 g/t Au and 26.6 g/t Au respectively;
• Field inspection and sampling of the Bohlog prospect area has indicated the potential for intrusion related gold mineralization in altered granodiorite host rocks. Channel and grab samples have returned assays up to 15.4 g/t Au and 21.1 g/t Au respectively (see Appendix B);
• Dr Michael Brown (Mappa Mundi Surveys) has completed his review of the WorldView-3 high resolution multispectral data over the Hamama and Abu Marawat-Miranda-Semna survey areas (see news release dated April 4, 2017) and has identified 92 and 155 spectral targets from the 2 areas respectively.

Aton’s geologists have visited and carried out preliminary field inspections and sampling at Abu Gaharish, Bohlog, Waayrah, Black Gaharish, Semna East, Sir Bakis, and West Garida prospects (see Figure 1). Waayrah, Black Gaharish, and Semna East represent new areas of interest within the Abu Marawat Concession. Results have been received for the Abu Gaharish and Bohlog prospects, and results from the other areas sampled are expected in June. Potential for the development of intrusion related and structurally controlled orogenic gold mineralization has been identified at Bohlog and Abu Gaharish, respectively, with visible gold identified in samples from both locations.
“Early results from the regional target identification program demonstrate the district scale potential of Abu Marawat,” said Mark Campbell, President and CEO of Aton. “Historically, very little regional exploration work has been conducted on the Concession, with the focus of the Company being the Hamama and Abu Marawat deposits. However, we believe that the remote sensing and spectral data will help us to identify and zero in on high priority exploration targets, like Abu Gaharish and Bohlog, that could result in a new, significant discovery at Abu Marawat.”
To view Figure 1: Abu Marawat regional geology, showing the locations of Abu Gaharish and Bohlog please visit the following link: https://media3.marketwire.com/docs/1096710_Fig1.pdf
Abu Gaharish Prospect
The Abu Gaharish prospect is located approximately 30km east of Hamama (see Figure 1). There are a number of ancient houses, pits, trenches, and underground workings in the area, with archaeological evidence of ancient mining dating back over 3000 years to the New Kingdom period. The area has also been inspected for the potential of tungsten mineralization in the modern era (Klemm and Klemm, 2013).
As part of the Company’s regional target identification program, the Abu Gaharish area was identified as having potential for structurally controlled or orogenic gold mineralisation. In addition, the Abu Gaharish area was identified as having a coincident phyllic spectral anomaly from the recently completed Landsat-ASTER remote sensing study of Abu Marawat. Furthermore, several sigmoidal en echelon ancient workings were identified from satellite imagery on the margin of the Abu Gaharish granite and the surrounding meta-volcanic sequence, representing a potentially favourable site for the development of structurally controlled shear zone hosted gold mineralisation.
A preliminary field inspection indicated that the main ancient workings are associated with at least three mineralized quartz veins associated with highly sheared and altered granitic rocks, over a strike length of some 600m. The host granite is highly altered to sericite, chlorite, and kaolinite, and is sheared close to the veins. Fresh sulphides, including chalcopyrite and galena were identified within the quartz veins, as well as copper and lead supergene species, including chrysocolla and malachite, which are the most common accessory ore minerals seen. The quartz veins are seen to pinch and swell and have variable dips and strikes. The veins trend in a generally northerly direction, however, within the en echelon structure, the veins are sometimes seen to strike SE-NW. Parallel veinlets and stringers form surrounding zones of considerable thickness, and always accompany the main veins. In places the quartz veins and associated sheared host rock have been mined down to 10m and possibly deeper, as most of the ancient workings show signs of collapse. A number of other mineralized zones were identified to the north-east in meta-volcanics, to the south in altered serpentinites, and to the north and west of the main zone of historical workings, within the Abu Gaharish granite.
To view Figure 2: Sample locations and grades from the Abu Gaharish prospect please visit the following link: https://media3.marketwire.com/docs/1096710_Fig2.pdf
Aton’s field crews collected a total of 44 samples from the Abu Gaharish area (Figure 2), with the majority being rock chip channel samples taken across and perpendicular to the identified mineralized quartz vein structures. Other samples include chip composite samples and grab samples. Over 66 percent (29) of the samples returned grades over 1 g/t Au, including 14 percent (6) over 10 g/t Au, with grades including 26.6 g/t Au, 22.6 g/t Au, 19.9 g/t Au, and 18.5 g/t Au (see Appendix A). Visible gold was also identified in several of the samples. The sampling has confirmed the presence of high grade gold mineralization over a strike length of almost 2km in the Abu Gaharish area (Figure 2). The highest-grade mineralization appears to occur on the vein margins which carry lenses of iron oxide and chrysocolla, replacing sulphides, with tiny flakes of visible gold.
Aton believes that the Abu Gaharish en echelon vein system has potential for reasonable depth continuity and that other parallel and “ladder” type structures are likely to exist near the main zone of workings. The presence of old workings and high-grade assay results from several samples in a zone approximately 250-300m west of the main mineralized zone (see Figure 2), as well as the widespread presence of wadi sediment cover very close to the exposed workings, also indicates the possible existence of parallel structures that are not exposed.
The initial field inspection and sampling indicates the potential for a high grade structurally controlled zone of gold deposition at Abu Gaharish centred on the ancient workings over a 500-600m strike length. Furthermore, sampling along both the southern and northern strike extensions of the ancient workings has confirmed the presence of high grade gold mineralization over almost 2km. Further follow-up sampling and geological mapping is planned at Abu Gaharish.
Bohlog Prospect
Bohlog is located approximately 18km east-north-east of Hamama (see Figure 1) and is centred around a large ancient settlement, with archaeological evidence of ancient mining dating from the New Kingdom through to the Early Arab periods, dating back over 3000 years (Klemm and Klemm, 2013). In 2012 the Company carried out limited sampling in the Bohlog area (see news release dated August 15, 2012), returning gold grades of up to 18.65g/t Au from samples of mineralized quartz veins. However, no follow up work was carried out until earlier this year as part of the Aton’s regional target identification program.
The Company’s field crews have identified several structures, including four separate mineralized zones, within strongly altered intermediate to felsic intrusive host rocks. The 2 main mineralized structures, Zone 1 and Zone 2, parallel each other and trend in a north-easterly direction (see Figure 3). Zone 1, the northern structure, can be traced through old workings and outcrops for approximately 1.5km while Zone 2, the southern structure, can be traced for approximately 1.2km. The main structures appear to be shallow dipping, 20-60 degrees to the south-east, and the quartz veins are hosted in zones of intense quartz-sericite-pyrite alteration. These broader alteration zones contain associated stringer and stockwork style mineralisation. The iron-stained quartz veins have patches of iron-oxide boxwork that contain visible gold, minor supergene lead minerals, and occasional copper staining. The host rocks at Zone 1 and the south west end of Zone 2 are phyllic altered quartz diorite or granodiorite. Kaolinite-argillic alteration is also widespread, particularly around Zone 2. Further, while strong local structural controls exist, the nature and the composition of the alteration suggests an intrusion driven hydrothermal system. Aton believes that the Bohlog area has good potential for the development of intrusion related gold mineralization.
A total of 93 samples were taken from the Bohlog area, primarily from Zones 1 and 2. Most of the samples were channel samples, taken across and perpendicular to the identified mineralised quartz vein structures (Figure 3). Other samples included chip composite samples and grab samples. The results of this program confirmed the 2012 results, with 35 of the samples returning grades over 1 g/t Au, and 4 returning grades over 10 g/t Au, up to a maximum of 21.1 g/t Au. One continuous channel sample profile over Zone 1 returned a combined intersection of 16.7 m @ 3.03 g/t Au (sample numbers 14018-14027 – see Appendix B).
Sampling has delineated mineralization over an area of at least 800 x 600m, with good potential for this area to further expand in size. Other localities have been identified from satellite imagery in the general Bohlog area that require field follow up. Additional sampling, geological mapping, and trenching are planned on Zones 1 and 2 at Bohlog, as well as ongoing regional evaluation of the Bohlog-Massaghat area for the potential development of intrusion related gold mineralization.
To view Figure 3: Sample locations and grades from the Bohlog prospect please visit the following link: https://media3.marketwire.com/docs/1096710_Fig3.pdf
Activity update:

• Additional results from the preliminary field inspections and sampling conducted at Waayrah, Sir Bakis and West Garida prospects;
• Crone Geophysics have completed a ground and downhole electromagnetic survey of the 6-km long prospective horizon (or the hanging wall contact) at Hamama. Interpretation of the survey data has commenced;
• Metallurgical test work in preparation of a Preliminary Economic Assessment for Hamama West.

About Aton Resources Inc.
Aton Resources Inc. (TSX VENTURE:AAN) is focused on its 100% owned Abu Marawat Concession (“Abu Marawat”), located in Egypt’s Arabian-Nubian Shield, approximately 200-km north of Centamin’s Sukari gold mine. Aton has identified a 40-km long gold trend at Abu Marawat, anchored by the Hamama deposit in the west and the Abu Marawat deposit in the east. In addition to the Hamama and Abu Marawat deposits, the trend contains numerous gold exploration targets, including three historic British mines. Abu Marawat is over 738km² in size and is in an area of excellent infrastructure, a four-lane highway, a 220kV power line, and a water pipeline are in close proximity.
Qualified Person
The technical information contained in this News Release was prepared by Roderick Cavaney BSc, MSc (hons), MSc (Mining & Exploration Geology), FAusIMM, SEG, GSA, SME, Vice President, Exploration, of Aton Resources Inc. Mr. Cavaney is a qualified person (QP) under National Instrument 43-101 Standards of Disclosure for Mineral Projects.
For further information regarding Aton Resources Inc., please visit us at www.atonresources.com.
Note Regarding Forward-Looking Statements
Some of the statements contained in this release are forward-looking statements. Since forward- looking statements address future events and conditions; by their very nature they involve inherent risks and uncertainties. Actual results in each case could differ materially from those currently anticipated in such statements.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Appendix A – 2017 Abu Gaharish samples, assay data

Sample ID		Sample Type		Length		X		Y		Z		Au ppm		Ag ppm		Cu ppm		Pb ppm		Zn ppm
AHA14010		Chip composite				564568		2917249		478		13.25		71.5		8690		27300		1170
AHA14011		Grab				564500		2917809		467		26.60		37.3		36		3060		192
AHA14127		Chip channel		2		564570		2917245		466		2.89		3.2		56		493		195
AHA14128		Chip channel		1.5		564566		2917242		468		1.45		4.9		87		444		953
AHA14129		Chip channel		2		564565		2917243		469		0.12		0.5		8		16		35
AHA14130		Chip channel		2.5		564566		2917239		472		0.70		0.7		19		23		53
AHA14131		Chip channel		2		564582		2917137		478		1.55		1.5		61		436		1090
AHA14132		Chip channel		2		564577		2917137		477		0.35		2.8		12		211		106
AHA14133		Chip channel		3		564577		2917139		480		2.07		2.9		46		1040		269
AHA14134		Grab				564555		2917276		467		11.45		7.9		640		4		22
AHA14135		Grab				564564		2917281		468		19.90		50.9		2160		23800		519
AHA14136		Chip channel		1		564577		2917352		481		22.60		52.8		44		1040		33
AHA14137		Chip channel		2		564578		2917361		481		1.60		1.1		30		119		126
AHA14138		Chip channel		0.5		564583		2917366		480		3.85		5.8		21		151		59
AHA14139		Chip channel		1.5		564588		2917420		478		2.28		3.2		28		322		81
AHA14140		Chip channel		1		564588		2917436		478		3.03		4.1		8		624		194
AHA14141		Chip Sample				564589		2917436		478		0.15		<0.5		7		57		146
AHA14142		Chip channel		1		564607		2917447		476		0.19		<0.5		3		12		17
AHA14143		Chip channel		2		564625		2917515		487		0.74		1.8		36		295		189
AHA14144		Chip channel		0.5		564627		2917515		486		2.59		8.1		29		668		30
AHA14145		Chip channel		1		564628		2917515		486		0.88		1.7		21		172		150
AHA14146		Chip Sample				564601		2917520		482		2.00		0.8		11		221		334
AHA14147		Chip channel		1.5		564597		2917521		482		6.06		6.9		2		299		34
AHA14148		Chip channel		1.5		564596		2917522		482		1.05		1.7		25		105		178
AHA14149		Chip channel		2		564669		2917593		492		0.88		0.7		83		57		83
AHA14150		Chip channel		1.5		564667		2917594		491		0.18		0.6		12		27		64
AHA14151		Chip channel		1		564666		2917595		493		0.12		1.2		8		22		37
AHA14152		Chip Sample				564686		2917626		496		0.14		0.8		38		32		55
AHA14153		Chip Sample				564707		2917671		489		0.64		2.8		54		84		128
AHA14154		Chip Sample				564754		2917736		480		2.63		6.9		37		644		136
AHA14155		Chip channel		1		565149		2918256		508		7.29		354		2820		11600		106
AHA14156		Grab composite				565133		2918254		509		9.60		8.2		115		260		76
AHA14157		Grab composite				564643		2918013		460		4.86		17		32		298		46
AHA14158		Chip channel		2		564520		2916900		480		18.45		23.9		21		916		486
AHA14159		Chip channel		1		564520		2916898		480		6.76		6.3		67		1860		510
AHA14160		Chip channel		1		564518		2916898		480		1.18		4		5		44		14
AHA14161		Chip channel		2		564517		2916898		480		0.08		<0.5		4		23		62
AHA14162		Chip channel		2		564482		2916800		489		0.40		4.3		49		86		37
AHA14163		Chip channel		2.5		564487		2916780		491		5.48		6.9		92		509		143
AHA14164		Grab				564229		2916843		487		4.03		6.5		21		132		33
AHA14165		Grab				564731		2916524		518		6.44		2.8		75		7		11
AHA14166		Grab				564924		2916533		503		0.01		<0.5		587		<2		94
AHA14167		Chip composite		2		564765		2916852		513		3.46		3.4		97		95		70
AHA14168		Chip composite		1.5		564665		2916626		523		7.73		9.7		265		76		48

Appendix B – 2017 Bohlog samples, assay data

Sample ID		Sample Type		Length		X		Y		Z		Au ppm		Ag ppm		Cu ppm		Pb ppm		Zn ppm
AHA14018		Chip Channel		2		550250		2920434		670		0.47		<0.5		3		5		48
AHA14019		Chip Channel		2		550248		2920434		671		2.44		0.5		4		20		129
AHA14020		Chip Composite		0.4		550250		2920439		669		5.72		3.6		28		94		1170
AHA14021		Chip Channel		2		550247		2920437		669		4.69		2.5		56		382		1525
AHA14022		Chip Channel		2		550246		2920440		671		7.84		4.8		72		456		2310
AHA14023		Chip Channel		2		550244		2920440		672		2.80		2.9		27		466		209
AHA14024		Chip Channel		2		550242		2920441		672		4.05		1.2		13		69		947
AHA14025		Chip Composite		0.3		550241		2920444		671		3.69		2.3		12		77		261
AHA14026		Chip Channel		2		550240		2920445		672		1.22		1.7		6		34		113
AHA14027		Chip Channel		2		550240		2920447		672		0.07		<0.5		2		7		35
AHA14028		Chip Channel		2		550160		2920365		680		0.36		<0.5		2		3		40
AHA14029		Chip Channel		2		550161		2920366		680		3.27		0.5		5		7		243
AHA14030		Chip Channel		1.2		550164		2920367		680		3.78		1.3		2		31		23
AHA14031		Chip Channel		2		550166		2920365		677		0.37		<0.5		3		19		77
AHA14032		Chip Channel		2		550169		2920371		679		15.40		3.5		8		87		235
AHA14033		Chip Channel		0.2		550169		2920369		679		0.23		0.5		8		15		157
AHA14034		Chip Channel		0.3		550171		2920368		677		1.42		0.7		8		29		399
AHA14035		Chip Channel		2		550177		2920368		675		7.24		2.9		27		46		1125
AHA14036		Chip Channel		2		550177		2920366		675		0.37		1.1		26		4		1745
AHA14037		Chip Channel		2		550177		2920365		675		1.50		1.3		13		77		242
AHA14038		Chip Channel		2		550134		2920327		677		0.03		<0.5		2		5		29
AHA14039		Chip Channel		2		550132		2920328		677		0.10		<0.5		2		6		32
AHA14040		Chip Channel		2		550131		2920330		676		0.13		<0.5		5		5		46
AHA14041		Chip Channel		2		550130		2920331		678		1.94		1.4		3		32		61
AHA14042		Chip Channel		2		550122		2920331		680		0.18		<0.5		4		9		27
AHA14043		Chip Channel		2		550151		2920341		677		0.34		<0.5		4		41		115
AHA14044		Chip Channel		0.4		550150		2920343		677		2.18		0.8		2		29		30
AHA14045		Chip Channel		2		550149		2920345		678		0.16		0.5		4		13		98
AHA14046		Chip Channel		2		550149		2920347		678		0.24		<0.5		2		12		30
AHA14047		Chip Channel		2		550079		2920302		694		0.05		<0.5		6		8		53
AHA14048		Chip Channel		0.3		550078		2920302		703		0.72		0.8		4		56		147
AHA14049		Chip Channel		2		550077		2920303		702		0.18		<0.5		6		7		54
AHA14050		Chip Channel		2		550077		2920305		702		0.30		0.5		12		9		34
AHA14051		Chip Channel		2		550078		2920310		699		0.25		0.6		3		11		35
AHA14052		Chip Channel		2		550078		2920311		699		0.26		0.5		6		21		39
AHA14053		Chip Channel		1		550227		2920424		677		0.92		1.4		23		90		457
AHA14054		Chip Channel		2		550226		2920426		676		2.96		0.7		10		11		1140
AHA14055		Chip Channel		2		550226		2920428		677		0.46		<0.5		3		13		73
AHA14056		Chip Channel		2		550201		2920034		683		0.15		<0.5		3		22		13
AHA14057		Chip Channel		2		550200		2920032		682		0.16		0.6		10		104		96
AHA14058		Chip Channel		1		550199		2920031		683		0.61		3.0		24		416		43
AHA14059		Chip Channel		2		550198		2920030		681		2.76		6.9		49		1005		240
AHA14060		Chip Channel		2		550196		2920029		681		0.91		2.6		39		722		252
AHA14061		Grab				550200		2920029		677		2.19		7.3		49		2430		292
AHA14062		Grab				550191		2920015		675		20.40		34.6		54		15450		201
AHA14063		Grab				550210		2920019		674		9.97		3.2		60		1380		857
AHA14064		Chip Channel		2		550202		2920002		674		4.22		1.4		22		855		316
AHA14065		Chip Channel		2		550204		2920004		673		4.30		3.1		58		1885		540
AHA14066		Chip Channel		2		550255		2920057		675		0.03		0.5		4		21		240
AHA14067		Chip Channel		2		550254		2920059		676		0.03		<0.5		2		10		48
AHA14068		Chip Channel		2		550254		2920062		677		0.08		<0.5		3		25		50
AHA14069		Chip Channel		2		550252		2920065		678		0.05		<0.5		4		34		76
AHA14070		Chip Channel		2		550245		2920070		679		0.02		<0.5		3		15		25
AHA14071		Chip Channel		2		550246		2920072		679		0.04		<0.5		2		11		15
AHA14072		Chip Channel		2		550247		2920074		680		0.02		<0.5		1		4		12
AHA14073		Chip Channel		2		550248		2920076		678		0.02		<0.5		1		3		25
AHA14074		Chip Channel		1		550239		2920078		680		0.01		<0.5		5		8		25
AHA14075		Chip Channel		2		550240		2920079		683		0.01		<0.5		3		6		31
AHA14076		Chip Channel		2		550241		2920081		681		0.01		<0.5		1		10		20
AHA14077		Chip Channel		2		550243		2920083		682		0.01		<0.5		2		6		21
AHA14078		Chip Channel		2		550245		2920083		682		0.01		<0.5		1		9		14
AHA14079		Grab				550591		2920846		676		0.45		0.5		4		1		55
AHA14080		Grab				550592		2920851		679		0.01		<0.5		15		6		106
AHA14081		Chip Channel		2		550676		2920911		676		0.01		<0.5		5		4		36
AHA14082		Chip Channel		2		550676		2920909		677		<0.005		<0.5		2		1		10
AHA14083		Chip Channel		2		550679		2920909		676		<0.005		<0.5		8		9		44
AHA14084		Chip Channel		4		551058		2921404		673		0.01		<0.5		2		1		19
AHA14085		Chip Channel		2		550450		2919712		658		1.31		0.5		32		237		332
AHA14086		Chip Channel		1		550452		2919712		658		1.73		1.0		12		513		120
AHA14087		Chip Channel		1		550453		2919712		659		0.79		1.1		19		524		306
AHA14088		Chip Channel		2		550606		2920236		654		0.21		<0.5		4		5		79
AHA14089		Chip Channel		1		550607		2920237		656		4.07		13.2		18		294		157
AHA14090		Chip Channel		2		550607		2920239		656		0.62		1.0		17		246		331
AHA14091		Chip Channel		0.4		550671		2920242		663		0.66		1.1		26		25		20
AHA14092		Chip Channel		2		550671		2920243		663		3.35		0.7		4		334		307
AHA14093		Chip Channel		2		550896		2920368		663		0.17		<0.5		5		40		35
AHA14094		Chip Channel		1		550849		2920340		663		0.03		0.5		3		15		63
AHA14095		Chip Channel		5		549954		2921176		682		0.01		<0.5		4		3		23
AHA14096		Chip Channel		5		549960		2921230		692		<0.005		<0.5		9		1		16
AHA14097		Chip Channel		6		549963		2921223		690		<0.005		<0.5		3		1		13
AHA14098		Chip Channel		6		549969		2921218		689		<0.005		<0.5		7		5		35
AHA14099		Chip Channel		6		549973		2921213		688		<0.005		<0.5		8		3		30
AHA14100		Chip Channel		7		549976		2921207		687		<0.005		<0.5		3		2		15
AHA14101		Grab				551491		2921872		679		3.74		28.4		31		4		631
AHA14106		Grab				550253		2920026		674		1.55		3.4		11		378		179
AHA14736		Grab				550203		2920399		670		21.10		5.2		288		3740		399
AHA14737		Chip Channel		0.8		550060		2920259		683		6.29		1.7		8		49		40
AHA14738		Chip Channel		0.5		550059		2920254		685		1.07		0.4		9		16		70
AHA14739		Chip Channel		1		550056		2920249		684		0.23		0.2		51		33		225
AHA14740		Chip Channel		1		550057		2920249		685		0.06		0.1		11		5		88
AHA14741		Chip Channel		0.5		550214		2920004		663		7.87		7.6		20		1945		115
AHA14742		Chip Channel		1		550216		2920003		670		5.24		3.3		35		1815		1085
AHA14743		Chip Channel		1		550216		2920003		669		0.68		0.4		48		297		7900
AHA14746		Grab				550216		2920003		670		13.15		7.2		69		4790		139