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Aben Gold Corp
Symbol ABM
Shares Issued 28,334,022
Close 2026-03-23 C$ 0.205
Market Cap C$ 5,808,475
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Aben reviews 2014 tungsten data, plans 2026 Justin work

2026-03-24 12:36 ET - News Release

Mr. Riley Trimble reports

ABEN GOLD CORP. ASSESSES HISTORICAL TUNGSTEN RESULTS FROM 2014 RE-ASSAY PROGRAM AND PLANS 2026 EXPLORATION PROGRAM TO TARGET BOTH TUNGSTEN AND GOLD AT THE JUSTIN PROJECT

Aben Gold Corp. is actively assessing the high-grade tungsten results from its Oct. 16, 2014, news release at the 100-per-cent-owned Justin gold project in southeast Yukon. The company is simultaneously planning a comprehensive 2026 exploration program that will incorporate both tungsten and gold targets to fully evaluate the multimetal potential of this highly prospective property.

The 2014 reassay program involved tungsten-specific analysis (WO3) of 230 drill core samples from seven of nine previously drilled holes at the POW zone. This work was initiated after visible scheelite mineralization was identified in core using short-wave ultraviolet lamps and anomalous tungsten values were noted in prior multielement ICP data. Key highlights from the 2014 results included:

  • Hole JN12016: 8.50 metres grading 0.39 per cent WO3, including 1.00 metre grading 1.12 per cent WO3. This interval was coincident with previous gold mineralization of 5.60 metres grading 4.12 g/t Au, including 2.60 metres grading 8.20 g/t Au (news release: dated Sept. 25, 2012).
  • Hole JN12013: 28.90 metres grading 0.10 per cent WO3 starting near surface, plus 1.10 metres grading 1.15 per cent WO3. This hole also returned prior gold values of 7.40 metres grading 1.81 g/t Au, including 2.20 metres grading 4.42 g/t Au (news release: dated Sept. 25, 2012).
  • Additional intercepts from the 2014 reassays included 12.00 metres grading 0.25 per cent WO3 (JN11010) and 7.20 metres grading 0.27 per cent WO3 (JN12019), with several higher-grade subintervals exceeding 1 per cent WO3.

These results, combined with the project's strategic location within the Tintina gold belt only 35 kilometres southwest of the past-producing Cantung tungsten mine, highlight the Justin project's potential to host significant tungsten mineralization in addition to its established gold discoveries.

The tungsten results referenced above are historical in nature. The company is not treating the historical tungsten results as current mineral resources or mineral reserves.

Riley Trimble, president and chief executive officer of Aben Gold, commented: "The 2014 tungsten reassay data has been an important historical data set that we are now thoroughly reviewing with modern eyes and current market context. Tungsten is a critical mineral with growing strategic importance, and the coincident gold-tungsten mineralization at the POW zone presents a compelling opportunity. Our 2026 exploration program will be designed to test and expand both metals simultaneously through targeted drilling, sampling and geophysical follow-up. This integrated approach aligns with our goal of unlocking the full value of the Justin project for our shareholders."

The Justin gold project covers approximately 7,400 hectares and hosts multiple zones of gold and tungsten mineralization. The 2026 program is expected to include diamond drilling, surface sampling and detailed geological modelling to advance both commodities.

Qualified person

Milosz Mielniczuk, BSc, PGeo, vice-president of exploration for Aben Gold, has reviewed and approved the technical aspects of this news release and is the qualified person as defined by National Instrument 43-101.

About Aben Gold Corp.

Aben Gold is a Canadian gold exploration company with exploration projects in the Yukon Territory and British Columbia. The company's flagship, the 7,400-hectare, 100-per-cent-owned Justin gold project is located in the southeast Yukon in the Tintina gold belt adjacent to Seabridge Gold's 3 Aces project.

The company's goal is to increase shareholder value through new discoveries and developing exploration projects in geopolitically favourable jurisdictions.

The company has 28.2 million shares outstanding.

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