Mining Stock Education

Mark Campbell | Aton Resources’ CEO on Financing Opportunity, 2019 Plans, & Aton’s Share Structure


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In this interview, Mark Campbell, Aton Resources CEO, provides an update regarding the current financing opportunity announced on February 15, 2019 and what the company plans to use the funds for in 2019. Mark also discusses the company’s capital structure and answers investors’ concerns over share dilution. Aton is anticipating acquiring a JV partner after the currently-in-process discussions on Egyptian mining reform are completed. The company plans on using 2019 to further define mineralization at existing projects and to test new targets in preparation to acquire a JV partner.
To learn about Aton’s current private placement offering: https://atonresources.com/news/2019/aton-announces-a-non-brokered-private-placement-for-proceeds-up-to-5-million/
The Rodruin prospect was discovered in December 2017 by Aton geologists (see news release dated December 14, 2017), and is located approximately 18km east of the Company’s Hamama West mineral deposit. Field mapping and sampling has indicated the presence of ancient mine workings and extensive gold mineralisation over an area of at least 700m x 400m at surface. Mineralisation is associated with a sequence of carbonate and metasedimentary slate and greywacke rock types. Abundant visible gold has been identified in hand specimens from surface outcrops, and ancient dumps and underground workings, with individual selective grab samples assaying up to 321 g/t Au. The main series of ancient underground workings in the Aladdin’s Hill area has been sampled to approximately 40m below ground level, indicating continuation of the surface mineralisation at depth (see news releases dated February 6, 2018, March 5, 2018 and April 16, 2018), and drilling has now confirmed the presence of high grade gold mineralisation with individual samples returning assays of up to 221 g/t Au over metre intervals (see news release dated October 1, 2018). Drilling results released to date from Rodruin include intersections of 36m @ 12.47 g/t Au from 5m (hole ROP-003, see news release dated October 1, 2018), and 163m @ 0.90 g/t Au from surface (hole ROP-017, see news release dated November 12, 2018).
www.AtonResources.com TSX-V: AAN & OTC: ANLBF
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Aton Resources is a paid sponsor of Mining Stock Education. The content found on MiningStockEducation.com is for informational purposes only and is not to be considered personal legal or investment advice or a recommendation to buy or sell securities or any other product. It is based on opinions, SEC filings, current events, press releases and interviews but is not infallible. It may contain errors and MiningStockEducation.com offers no inferred or explicit warranty as to the accuracy of the information presented. If personal advice is needed, consult a qualified legal, tax or investment professional. Do not base any investment decision on the information contained on MiningStockEducation.com or our videos. We may hold equity positions in some of the companies featured on this site and therefore are biased and hold an obvious conflict of interest. MiningStockEducation.com may provide website addresses or links to websites and we disclaim any responsibility for the content of any such other websites. The information you find on MiningStockEducation.com is to be used at your own risk. By reading MiningStockEducation.com, you agree to hold MiningStockEducation.com, its owner, associates, sponsors, affiliates, and partners harmless and to completely release them from any and all liabilities due to any and all losses, damages, or injuries (financial or otherwise) that may be incurred.
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