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Aben Gold Enters Option Agreement with Kingfisher Metals for Forrest Kerr Project

Story Highlights
  • Aben Gold Corp. has signed an agreement with Kingfisher Metals for the Forrest Kerr Project.
  • The deal allows Aben to focus on Yukon projects, receiving $2.7 million in return.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Aben Gold Enters Option Agreement with Kingfisher Metals for Forrest Kerr Project

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An announcement from Aben Resources ( (TSE:ABM) ) is now available.

Aben Gold Corp. has entered into an option agreement with Kingfisher Metals Corp., allowing Kingfisher to acquire a 100% interest in the Forrest Kerr Project in British Columbia’s Golden Triangle over three years. This agreement will provide Aben with $2.7 million in cash and shares, enabling the company to focus on its Yukon exploration efforts, particularly the Justin Gold Project, while Kingfisher consolidates its position in the Golden Triangle.

More about Aben Resources

Aben Gold Corp. is a Canadian gold exploration company with projects in the Yukon Territory and British Columbia. Its flagship project is the Justin Gold Project in the southeast Yukon, located in the Tintina Gold Belt. The company aims to enhance shareholder value through new discoveries and developing exploration projects in geopolitically favorable regions.

Average Trading Volume: 34,759

Technical Sentiment Signal: Sell

Current Market Cap: C$1.97M

See more insights into ABM stock on TipRanks’ Stock Analysis page.

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