Aton Resources Inc. is very pleased to update investors on the latest tranche of results from the Phase 2 diamond drilling programme at its advanced Rodruin gold exploration project. Rodruin is located in the Company's 100% owned Abu Marawat Concession , in the Eastern Desert of Egypt. Highlights: Diamond drilling is ongoing at Rodruin, with 21 drill holes having been completed to date, ROD-048 and ROD-051 to ROD-070, for [...]
Aton Resources Inc. is pleased to update investors on the latest assay results from the Phase 2 diamond drilling programme at its advanced Rodruin gold exploration project. Rodruin is located in the Company's 100% owned Abu Marawat Concession , in the Eastern Desert of Egypt. Highlights: The first 21 drill holes in the programme have been completed to date, ROD-048 and ROD-051 to ROD-070, for a total of 1,992 metres [...]
Aton Resources Inc. is pleased to update investors on the latest developments at its Hamama West project. Hamama West is located in the Company's 100% owned Abu Marawat Concession , in the Eastern Desert of Egypt. Highlights: Aton has contracted Capital Drilling to undertake a c. 5,000m infill RC drilling programme at the Hamama West development project, which is scheduled to start within the next 4-6 weeks, pending [...]
Aton Resources Inc. is pleased to announce a non-brokered private placement for proceeds of up to $2 million . The net proceeds from the Private Placement will be used to fund continued exploration and development activities at Aton's Rodruin and Hamama concessions, located in Egypt, and for general working capital. All currency amounts are in Canadian dollars. Transaction and Private Placement Highlights: Non-brokered [...]
Aton Resources Inc. announces that it has entered into an additional bridge loan with OU Moonrider , a significant shareholder of the Corporation. The Loan The Corporation has borrowed C$500,000 from Moonrider, which Loan is repayable on the earlier of six months from closing, on the occurrence of various standard events of default, or on the closing of any debt or equity financing by the Corporation in an amount in [...]
Aton Resources Inc. is pleased to update investors on the first assay results from the Phase 2 diamond drilling programme at its Rodruin gold exploration project, which commenced in November 2021. Rodruin is located in the Company's 100% owned Abu Marawat Concession, in the Eastern Desert of Egypt. Highlights: The first 10 drill holes for the programme have been completed to date, ROD-051 to ROD-060, for a total of 1,078 [...]
Aton Resources Inc. announces that it has entered into an additional bridge loan with OU Moonrider , a significant shareholder of the Corporation. The Loan The Corporation has borrowed C$500,000 from Moonrider, which Loan is repayable on the earlier of six months from closing, on the occurrence of various standard events of default, or on the closing of any debt or equity financing by the Corporation in an amount in [...]
Aton Resources Inc. is pleased to update investors on the start of diamond drilling at its Rodruin gold exploration project , located in the Company's 100% owned Abu Marawat Concession , in the Eastern Desert of Egypt. "We are delighted to announce the start of the second phase diamond drilling programme at Rodruin," said Tonno Vahk, Interim CEO. "It has been a long and rocky road to this new programme, but we are very [...]
Aton Resources Inc. is pleased to provide investors with an update on recent activities at its Rodruin advanced exploration project at the Company's 100% owned Abu Marawat Concession , in the Eastern Desert of Egypt. Highlights: The Company recently re-started its surface channel sampling programme of potential mineralisation exposed along drill road cuttings at Rodruin; Sampling of channel sample profile ROC-031 returned [...]
Aton Resources Inc. is pleased to update investors on the re-commencement of field activities at the Company's 100% owned Abu Marawat Concession , in the Eastern Desert of Egypt, see Figure 1. Highlights: Since the Hamama exploration camp was re-opened in June 2021, a new camp and core processing facility has been constructed at Rodruin; Energold's diamond drill rig has now arrived in Egypt, and some ancillary drilling [...]
Aton Resources announces that it has entered into an additional bridge loan with OU Moonrider, a significant shareholder of the Corporation. The Loan The Corporation has borrowed C$500,000 from Moonrider, which Loan is repayable on the earlier of six months from closing, on the occurrence of various standard events of default, or on the closing of any debt or equity financing by the Corporation in an amount in excess of [...]
Aton Resources Inc. announces the following operations and corporate updates. Operations Update Aton signed a drilling contract with Energold Drilling Ltd. in June to complete a minimum of 4,250 metres of diamond drilling at the Corporation's Abu Marawat Concession . At the time of signing the contract it was expected that drilling would commence in September 2021. Due to export clearance and shipping delays caused by the [...]
