Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Aton Resources ( (TSE:AAN) ) has shared an update.
Aton Resources has reported final assays from its phase 3a reverse circulation drilling campaign at the Semna gold mine project in Egypt, confirming multiple high‑grade gold intersections and wide zones of quartz vein–hosted mineralisation at depth, along strike and on newly tested structures. The results, which include intervals such as 3.65 g/t gold over 25 metres and 4.20 g/t gold over 17 metres, extend mineralisation beneath historical workings on the Main and Offset veins, identify additional high‑grade zones east‑northeast of the old mine, and demonstrate near‑surface mineralisation on previously untested structures, reinforcing Semna’s potential as a significant high‑grade orogenic gold deposit; alongside ongoing work at Abu Marawat and advancement of the Hamama West project toward planned production in 2027, the latest data underscore Aton’s efforts to build a multi‑asset gold platform in Egypt and strengthen its position as an emerging international gold miner in the country.
More about Aton Resources
Aton Resources Inc. is a gold exploration and development company focused on advancing multiple projects within the Abu Marawat Concession in Egypt’s Eastern Desert. Its portfolio includes the Semna, Abu Marawat, Rodruin and Hamama deposits, with a stated strategy of becoming one of the first international gold producers in the country, centred on orogenic gold systems and near-surface, high-grade mineralisation.
Average Trading Volume: 42,428
Technical Sentiment Signal: Buy
Current Market Cap: C$60.54M
Find detailed analytics on AAN stock on TipRanks’ Stock Analysis page.