Close

Aton Strengthens Management and Exploration Team

October 17, 2016 8:30 AM EDT

VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 10/17/16 -- Aton Resources Inc. (TSX VENTURE: AAN) ("Aton" or the "Company") is pleased to announce that Mr. Rick Cavaney has been appointed Vice President, Exploration, and Mr. Javier Orduna, Head of Exploration. The appointment of Messrs. Cavaney and Orduna greatly increases the Company's geological and exploration experience and are timely additions as Aton advances Hamama West to an initial resource. Hamama West is one of three zones that comprise the Hamama project, situated within Aton's 100% owned Abu Marawat concession, located in Egypt.

"I have known Rick for over twenty years, since we worked together at Centamin, where he was instrumental in the discovery of the Sukari gold mine, and I believe that he is one of the best exploration geologists in the world today," stated Mark Campbell, Chief Executive Officer of Aton. "In addition to being one of the best exploration geologists that I've ever worked with, his knowledge of the geology of Egypt is second to none. We are extremely lucky to have Rick and in recognition of all that he has done, and is continuing to do for Aton, I am extremely pleased to appoint him Vice President, Exploration."

Mark Campbell, Chief Executive Officer of Aton, continued, "Javier Orduna, who recently joined Aton, is also an exceptional exploration geologist. Javier has over twenty years of experience and extensive knowledge of VMS deposits, having recently worked at Barrick Gold Corporation's Jabal Sayid project, located in Saudi Arabia. He is a very welcome addition to our talented exploration team and will be responsible for overseeing the exploration program at Hamama."

About Mr. Cavaney

Mr. Cavaney is a registered professional geologist with over 45 years of experience in international exploration and consulting for junior, mid-tier and senior companies. Rick spent eight years, from 1996-2004, with Centamin, as the exploration manager at Sukari. In addition to his work at Sukari, Mr. Cavaney also completed some of the original exploration work at the Abu Marawat gold deposit and the Hamama project when Abu Marawat concession was held by Centamin. Rick has extensive exploration experience in Africa and prior to joining Aton was managing a drill program in the Migori Belt in Kenya. Mr. Cavaney has also worked in Zimbabwe, Namibia and Ghana, where he carried out regional mapping of the Tarkwa Belt and outlined and prioritized target areas. Rick has also held senior exploration positions with MIM, ASARCO and Carpentaria Exploration Company. Mr. Cavaney holds an MSc in Exploration and Mining Geology, James Cook University of North Queensland, an MSc (Hons.), Geology, University of Otago (New Zealand) and a B.Sc., Geology, University of New Zealand, Otago.

About Mr. Orduna

Javier has over twenty years of experience and has extensive knowledge of VMS deposits, having recently worked at Barrick Gold Corporation's Jabal Sayid project. In addition to his exploration expertise, Mr. Orduna also has an excellent understanding of the issues related to working in culturally sensitive and remote, challenging regions. Javier has managed and supervised numerous studies and programs, including resource, hydrological, geotechnical, geochemical and drilling. Mr. Orduna holds a B.Sc. (Hons.), Geology, University of Southampton, UK, an MSc (MCSM), Mining Geology, Camborne School of Mines, UK, and an MSc (DIC), Mineral Project Appraisal, Imperial College, London, UK.

About Aton Resources Inc.

Aton Resources Inc. (TSX VENTURE: AAN) is focused on its 100% owned Abu Marawat concession, located in Egypt's Arabian-Nubian Shield, approximately 400km north of Centamin's Sukari gold mine. Aton has identified a 40km long gold trend at Abu Marawat, anchored by the Hamama project in the west and the Abu Marawat gold deposit in the east. In addition to the Hamama project and the Abu Marawat gold deposit, the trend contains numerous gold exploration targets, including two historic gold mines. Abu Marawat is over 738 sq. km in size and is located in an area of excellent infrastructure, a four-lane highway, railway line, a 220kV power line and a water pipeline are in close proximity.

For further information regarding Aton Resources Inc., please visit us at www.atonresources.com.

Note Regarding Forward-Looking Statements

Some of the statements contained in this release are forward-looking statements. Since forward- looking statements address future events and conditions; by their very nature they involve inherent risks and uncertainties. Actual results in each case could differ materially from those currently anticipated in such statements. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contacts:
Aton Resources Inc.
Mark Campbell
President and Chief Executive Officer
+1-936-689-2589
[email protected]

Aton Resources Inc.
Blaine Monaghan
Vice President, Investor Relations
+1 (604) 331-5092
[email protected]
www.atonresources.com

Source: Aton Resources Inc.



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Press Releases