Projects · British Columbia, Canada

Forrest Kerr Gold Project

20,197 hectares · Heart of BC's Golden Triangle · Under option to Kingfisher Metals

Option Agreement

Optioned to Kingfisher Metals

Aben Gold signed an option agreement with Kingfisher Metals on December 4, 2025. Kingfisher has the opportunity to earn 100% over a 3 year agreement, for total consideration of $1,200,000 in cash payments and $1,500,000 in shares.

Read the Announcement ↗

DateCash paymentsValue of shares issued

On the Closing Date$150,000$500,000⁽¹⁾

On or before the date that is 6 months from the Closing Date$150,000$500,000⁽¹⁾

On or before the date that is 12 months from the Closing Date$200,000$500,000⁽¹⁾

On or before the date that is 36 months from the Closing Date$700,000N/A

TOTAL$1,200,000$1,500,000

1) Deemed price shall be the higher of a) 5-day VWAP and b) the last closing price of the Optionee Shares, as quoted on the TSXV less the maximum allowable discount under TSXV policy of 25% at the time the Agreement is announced.

Overview

In the Heart of the Golden Triangle

The Forrest Kerr Gold Project is located in the heart of BC's Golden Triangle in northwestern British Columbia. Assembled in July 2016 through the consolidation of three historic claim groups and new tenures, Aben acquired a 100% interest in the 20,197-hectare property.

Surrounding the project are notable mineral deposits and producing mines including Brucejack, Eskay Creek, Snip, Galore Creek, Copper Canyon, Red Chris, and various others. Recent investment in the Golden Triangle has created direct road access to the Forrest Kerr property and power line infrastructure.

The Golden Triangle region is known for large multi-million-ounce gold deposits. Forrest Kerr is located in the heart of the triangle with the Snip and Eskay Creek mines to the south, and Schaft Creek mine to the north.

Property size: 20,197 ha
Consolidated: 2016
Option earn-in: $2.7M

Map of BC's Golden Triangle showing the Forrest Kerr Project between Snip, Eskay Creek and Schaft Creek — Forrest Kerr, BC's Golden Triangle · click to enlarge

Exploration Activity

North and South Boundary

Recent exploration activity at Forrest Kerr has focused on two primary zones: the North Boundary zone which runs parallel to the Nelson Creek Fault zone, and the South Boundary zone, which runs parallel to the Benchlands Fault zone. The structural intersections between dominantly north-oriented fault zones and older northeast and northwest-trending faults are highly prospective for the discovery of precious metal mineralization.

North Boundary

The main mineralized core at North Boundary is located at the intersection of the northeast directed Blind Fault and the northwest Nelson Creek Fault Zone (see red dashed ellipse). The strongest gold mineralization thus far discovered is along a southeast-northwest panel of Hazelton rock at the margins of a magnetic high.

North Boundary Drill Results

FK17-04: Average of 0.26 g/t Au over 387.0 m, including 6.70 g/t Au, 6.36 g/t Ag and 0.90% Cu over 10 m
FK17-05: Average 1.20 g/t Au, 1.80 g/t Ag and 0.21% Cu over 122.0 m
FK17-06: Average 0.51 g/t Au, 1.03 g/t Ag and 0.10% Cu over 94.0 m
FK18-10: Multiple high grade gold horizons including 3.9 g/t Au over 13.0 m, 22.0 g/t Au over 4.0 m, 38.7 g/t Au over 10.0 m and 8.2 g/t Au over 14.0 m

South Boundary

The South Boundary zone at Forrest Kerr contains gold mineralization associated with the Benchlands Fault, which parallels the Forrest Kerr Fault. The Benchlands Fault is poorly defined at surface toward the north due to scree cover but may be a southern extension of Nelson Creek Fault Zone found at North Boundary.

Benchlands drilling cross-section over magnetic susceptibility, showing holes FK19-62 to FK19-65 and the mineralized area beside the Benchlands Fault — Benchlands drilling, holes FK19-62 to FK19-65 · click to enlarge

Drilling at the South Boundary zone has defined gold mineralization in a sub-vertical geometry (steep dip to East) that parallels the Benchlands Fault, including one assay value of 6.19 g/t gold. Drill holes placed over magnetic susceptibility image show gold mineralization (white dashed ellipse) is found between margins of magnetic high and Benchlands Fault Zone.

Drill core from hole FK19-53, 228.4 to 240.9 metres, in core boxes: grey and black banded rock from the Benchlands Fault zone — Rocks from the Benchland Fault zone are very similar in appearance and scale to those from Nelson Creek Fault Zone at North Boundary.Drill core, hole FK19-53 · click to enlarge

Drill Targets

Boundary Zone Targets

The hatched magenta area on the west side of Nelson Creek Fault Zone is a high priority target that combines strong surface and downhole polymetallic mineralization with only one drill hole through the zone. The area where the interpreted and extrapolated faults intersect is also highly prospective for gold discovery based on surface, downhole and geophysical indicators.

For more information about the Forrest Kerr Gold Project and technical data, download the Corporate Presentation or contact Investor Relations.

Forrest Kerr Technical Report (PDF)Corporate Presentation (PDF)Contact Investor Relations