aben resources ltd. - november 2014 corporate presentation

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1 November 2014 Aben Resources is a Canadian gold, uranium, and tungsten exploration company developing properties in Saskatchewan’s Athabasca Basin and the Yukon & NWT

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November 2014 Corporate Presentation

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Page 1: Aben Resources Ltd. - November 2014 Corporate Presentation

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November 2014

Aben Resources is a Canadian gold, uranium, and tungsten exploration company developing properties in

Saskatchewan’s Athabasca Basin and the Yukon & NWT

Page 2: Aben Resources Ltd. - November 2014 Corporate Presentation

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Forward Looking StatementsForward Looking StatementsSome of the statements in this document may be deemed to be "forward-looking statements". Allstatements on in this document, other than statements of historical facts, that address events ordevelopments that management of the Company expects, are forward-looking statements. Althoughmanagement believes the expectations expressed in such forward-looking statements are based onreasonable assumptions, such statements are not guarantees of future performance, and actual resultsor developments may differ materially from those in the forward-looking statements. The Companyundertakes no obligation to update these forward-looking statements if management's beliefs,estimates or opinions, or other factors, should change. Factors that could cause actual results to differmaterially from those in forward-looking statements, include market prices, exploration anddevelopment successes, continued availability of capital and financing, and general economic, marketor business conditions. Please see the public filings of the Company at www.sedar.com for furtherinformation.

Timothy Termuende, P. Geo. and a director of Aben Resources, is the Qualified Person asdefined by National Instrument 43-101 and has reviewed and approved the technical informationin this presentation.

Qualified PersonQualified Person

Page 3: Aben Resources Ltd. - November 2014 Corporate Presentation

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Capital StructureCapital Structure

Trading Symbol: ABN

Stock Exchange: TSX VENTURE

US OTC Pink Symbol: ABNAF

Frankfurt Symbol: E2L

Shares Outstanding: 26.9 million shares

Fully Diluted: 43.9 million shares

Recent Price: $0.05

Trading Symbol: ABN

Stock Exchange: TSX VENTURE

US OTC Pink Symbol: ABNAF

Frankfurt Symbol: E2L

Shares Outstanding: 26.9 million shares

Fully Diluted: 43.9 million shares

Recent Price: $0.05

Page 4: Aben Resources Ltd. - November 2014 Corporate Presentation

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Aben Resources’ Management and Board of Directors

Aben Resources’ Management and Board of Directors

Ronald Netolitzky, M.Sc. Geology: Director, Chairman

Ron Netolitzky serves as Chairman and a Director of Aben. He was previously Chairman and President of Viceroy Exploration Ltd. resulting in the sale of the company to Yamana Gold in 2006. Ron was also Chairman of Brett Resources Inc., which was acquired by Osisko Mining Corp. in the Spring of 2010. His knowledge of mineral exploration and aggressive business acumen resulted in exploration success on three Western Canadian gold and silver projects (all of which became producing mines): the Eskay Creek and Snip deposits in British Columbia and the Brewery Creek deposit in the Yukon.

James G. Pettit: Director, President

Mr. Pettit has been President of Aben Resources since November 2002. He offers over 15 years experience within the industry specializing in finance, corporate governance, management, and compliance. He specializes in the early stage development of private, as well as public companies. His background over the past 15 years has been focused primarily within the resource sector where he has managed and directed junior mining companies through good times and bad.

Timothy Termuende: Director, Qualified Person, P.Geo.

Tim Termuende serves as a Director of the Company and is a professional geologist with over 30 years experience in the mineral exploration industry. He has been continuously active in mineral exploration throughout western Canada since 1976, and currently oversees a broad range of ongoing exploration projects located throughout British Columbia, Saskatchewan, the Yukon and the Northwest Territories.

Page 5: Aben Resources Ltd. - November 2014 Corporate Presentation

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Aben Resources’ Project Geologists and Consultants

Aben Resources’ Project Geologists and Consultants

Mike McCuaig, B.Sc.: Project Manager - Justin Gold-Tungsten Project

Mike McCuaig is a Geologist with extensive experience in grassroots exploration, having worked on a number of projects across British Columbia, Yukon Territory, Saskatchewan, Quebec, New Brunswick, and Nova Scotia. Since earning a Bachelor Degree in Geology from St. Francis Xavier University in 2003, he has worked on a number of projects, exploring for a range of commodities including Au, Ag, Cu, Fe, Pb, U, and Zn. He has spent 2 years as a project geologist and manager on exploration programs in BC, and the Yukon focusing on gold systems. Mike currently resides in Kimberley, BC and has worked with TerraLogic Exploration since 2008.

Carl Schulze, B.Sc., P. Geo.: Qualified Person – Justin Gold Project

Carl Schulze has been active as a geologist involved in all aspects of mineral exploration for the past 27 years. He has extensive exploration experience and project management throughout the Yukon, northern Ontario, British Columbia and Alaska. Carl was active in the Sprogge-Justin area of south-eastern Yukon in the late 1990s and was responsible for the discovery of numerous gold-bearing showings in the area including the Kangas Zone. Carl was the Resident Geologist for the Government of Nunavut for two years gaining expertise working within Canada's aboriginal communities. He has also been a Director of the Yukon Chamber of Mines since late 2003 and was its President from 2007 to 2010.

Page 6: Aben Resources Ltd. - November 2014 Corporate Presentation

Aben holds interest in approximately 40,000 acres of highly prospective ground within the eastern flank of the Athabasca Basin in northern Saskatchewan

Mann Lake Uranium Property, Aben40% with Skyharbour 60% (TSX-V: SYH)

Huard / Kirsh Lakes Uranium Project, Aben 49% with Denison Mines 51% (TSX: DML)

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Athabasca Basin Saskatchewan

Athabasca Basin Saskatchewan

Page 7: Aben Resources Ltd. - November 2014 Corporate Presentation

Aben owns a 40% interest and Skyharbour Resources Ltd. (TSX-V: SYH) owns the other 60% of the Mann Lake property, which is located approximately 25 kilometres to the SSW of the McArthur River Mine and 15 kilometres to the NE of Cameco's Millennium (U3O8) discovery, and occurs at the northern extent of the B1 conductor

The property is adjacent to the Mann Lake Joint Venture operated by Cameco (52.5%) with partners International Enexco (30%) and AREVA (17.5%), in which a 13,000m, 18-hole diamond drill program is underway

International Enexco announced on March 10, 2014 that a drill discovery had been made by operator Cameco consisting of 2.31% eU3O8 over 5.1m including 10.92% eU3O8 over 0.4m

Aben’s Mann Lake Uranium Project has seen over $3 million of previous exploration including recent geophysics and two diamond drill programs totaling 5,400m carried out in 2006 and 2008

One drill hole contained anomalous uranium up to 73.6 ppm over a 1.5m interval where background uranium values are commonly between 1 and 5 ppm

The Mann Lake Uranium Project boasts highly prospective geology and geochemistry, and a robust discovery potential with additional work recommended on several untested targets

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Mann Lake Uranium Project Mann Lake Uranium Project

Page 8: Aben Resources Ltd. - November 2014 Corporate Presentation

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Mann Lake Geophysics Compilation (Magnetics Survey)

Mann Lake Geophysics Compilation (Magnetics Survey)

Page 9: Aben Resources Ltd. - November 2014 Corporate Presentation

Aben owns 48% of the Huard-Kirsch Lakes Uranium Project with Denison Mines Corp. (TSX: DML) owning the other 52%

The property is situated approximately 20 kilometres to the NW of CamecoCorporation's high-grade McArthur River Uranium Mine

During 2006, Denison Mines completed several exploration surveys on the Huard-Kirsch Lakes project. Exploration has consisted of grid establishment, boulder geochemistry, as well as airborne and ground geophysics

The property is interpreted to be underlain by a conductive meta-sedimentary sequence that has never been drill tested. Interpretations of this data suggest that the anomaly represents a favorable target for exploration for unconformity uranium deposits

In 2007, a single hole was drilled by Denison Mines to a depth of 811 metres on an untested geophysical anomaly. The hole intersected favourable graphitic pelites at a depth shallower than expected. The occurrence of the unconformity and prospective uranium host rocks at shallower depths is a very positive development on the property

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Huard – Kirsch Lakes Uranium Project

Huard – Kirsch Lakes Uranium Project

Page 10: Aben Resources Ltd. - November 2014 Corporate Presentation

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Yukon and Northwest

Territories Projects

Yukon and Northwest

Territories Projects

1.) 100% interest in 18,314 acre Justin Gold-Tungsten Project located in southeast Yukon on Tintina Gold Belt

2.) Exclusive exploration rights to 574,225 acres (comprised of staked claims and prospecting permits) in Mackenzie Mountain area of NWT

3.) 5.) 100% interest in 1,100 acre Hit Gold Project in east-central Yukon

Page 11: Aben Resources Ltd. - November 2014 Corporate Presentation

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Justin Gold-Tungsten

Project, Yukon

Justin Gold-Tungsten

Project, Yukon

Page 12: Aben Resources Ltd. - November 2014 Corporate Presentation

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Justin Gold-Tungsten Project, Yukon

Justin Gold-Tungsten Project, Yukon

Aben owns a 100% interest in its flagship, 18,314 acre, Justin Gold Project in southeast Yukon

Within the property claims there is an all-season road servicing the CantungMine to the north

The property has the potential to host both high-grade and bulk-tonnage gold zones within three different styles of mineralization: epithermal, skarn and sediment-hosted

Wide spread mineralization across the property delineates a NNW trending anomaly measuring 3.5 km long, and 0.5 km wide encompassing the Confluence, Main, Kangas, and POW Zones

A phase one 2,020 metre diamond drill program consisting of ten drill holes was carried out in 2011 on the project to assess the potential gold mineralization at the property's four zones

The drilling was the first ever completed on the POW, Confluence and Kangaszones

The property was acquired from and past exploration was carried out by Eagle Plains Resources (TSX-V: EPL) , a reporting issuer and other unrelated operators. The Company has not yet completed the work necessary to verify some of the exploration results and since these results are historical in nature and predate National Instrument 43-101 standards they should not be relied upon.

Page 13: Aben Resources Ltd. - November 2014 Corporate Presentation

Justin Gold-Tungsten 2014 Tungsten Assays

In the fall of 2014, a total of 230 samples from 7 of 9 previously drilled POW zone holes, were selected for tungsten specific analysis to provide a preliminary assessment of the potential for economic tungsten mineralization

The goal of the 2014 tungsten reconnaissance sampling was to make a preliminary assessment of the property for economic W (tungsten) mineralization and resample core, previously drilled, for W specific analysis

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2014 WO3 Analysis

DDH ID From (m) To (m) Uncut Sample Results WO3 %

JN11010 194.00 206.00 0.25 % WO3 over 12.00 m

including 195.00 200.00 0.45 % WO3 over 5.00 m

also including 196.00 200.00 0.48 % WO3 over 4.00 m

also including 197.00 200.00 0.53 % WO3 over 3.00 m

JN12013 4.10 33.00 0.10 % WO3 over 28.90 m

including 23.80 33.00 0.14 % WO3 over 9.20 m

and 45.80 46.90 1.15% WO3 over 1.10 m

and 88.70 90.80 0.46 % WO3 over 2.10 m

including 88.70 89.70 0.87 % WO3 over 1.00 m

JN12016 104.70 113.20 0.39 % WO3 over 8.50 m

including 104.70 107.30 0.62 % WO3 over 2.60 m

also including 106.30 107.30 1.12 % WO3 over 1.00 m

and 110.10 113.20 0.50 % WO3 over 3.10 m

including 111.20 113.20 0.72 % WO3 over 2.00 m

also including 111.20 112.60 0.88 % WO3 over 1.40 m

JN12019 192.50 199.70 0.27 % WO3 over 7.20 m

including 194.20 199.70 0.32 % WO3 over 5.50 m

also including 197.80 199.40 0.52 % WO3 over 1.60 m

also including 197.80 198.30 1.18 % WO3 over 0.50 m

also including 199.40 199.70 1.27 % WO3 over 0.30 m

Page 14: Aben Resources Ltd. - November 2014 Corporate Presentation

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Justin Project Claims Map

Justin Project Claims Map

Page 15: Aben Resources Ltd. - November 2014 Corporate Presentation

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Mineralized Zones at Justin ProjectMineralized Zones at Justin Project

PCHn

PCHy

COR

POW Zone

Kangas Zone

Main Zone

Confluence Zone

Page 16: Aben Resources Ltd. - November 2014 Corporate Presentation

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Justin Gold-Tungsten Project, Yukon

POW Discovery Zone

Justin Gold-Tungsten Project, Yukon

POW Discovery Zone

In November 2011, the Company released the first drill hole results from the drill program in which a significant new green-fields gold discovery was made at the POW Zone

Aben intercepted 60.0m of 1.19 g/t gold in hole JN11009 at a vertical depth of 113m

The second hole drilled into the POW Zone confirmed the initial gold discovery with another significant intercept of 11.3m of 2.70 g/t Au in hole JN11010

Both exploratory holes drilled into the POW Zone in 2011 intercepted notable gold mineralization and this mineralization is open in all directions

Page 17: Aben Resources Ltd. - November 2014 Corporate Presentation

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Justin Gold-Tungsten Project, Yukon

Kangas Discovery Zone

Justin Gold-Tungsten Project, Yukon

Kangas Discovery Zone

Aben also drill tested the Kangas Zone in 2011, located 1.3km south of the POW Zone

A new high grade silver-copper zone was intercepted in hole JN11003: 7320 g/t Ag (234 oz/ton Ag) and 3.52% Cu over 1.07m at a down-hole depth of 42m

The hole was terminated within the mineralized interval due to poor ground conditions with follow-up drilling planned for this year

Page 18: Aben Resources Ltd. - November 2014 Corporate Presentation

Kangas Zone Discovery:

Hole JN11003 - 7320 g/t Ag, 1.1 g/t Au, 3.52% Cu over 1.07m*

* Poor sample recovery but still significant result

Kangas Zone Discovery:

Hole JN11003 - 7320 g/t Ag, 1.1 g/t Au, 3.52% Cu over 1.07m*

* Poor sample recovery but still significant result

POW Zone Discovery:

Hole JN11009 – 2.47 g/t Au over 21m within 60m of 1.19 g/t Au

Hole JN11010 – 2.7 g/t Au and 29 g/t Ag over 11.3m

Multiple rock samples in POW area > 2 g/t Au

POW Zone Discovery:

Hole JN11009 – 2.47 g/t Au over 21m within 60m of 1.19 g/t Au

Hole JN11010 – 2.7 g/t Au and 29 g/t Ag over 11.3m

Multiple rock samples in POW area > 2 g/t Au

Justin Gold-Tungsten Project, YukonPOW and Kangas Discovery Zones

Justin Gold-Tungsten Project, YukonPOW and Kangas Discovery Zones

Page 19: Aben Resources Ltd. - November 2014 Corporate Presentation

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Justin Gold-Tungsten Project, Yukon: POW Discovery ZoneJustin Gold-Tungsten Project, Yukon: POW Discovery Zone

Multi-phase precious metal mineralization has been discovered in the POW Zone: contact metamorphic skarn (massive replacement style mineralization) and structurally controlled stockwork vein hosted mineralization

Both phases of mineralization display geochemical affinity to an Intrusion Related Gold System (IRGS) and indicates that the mineralizing system was long-lived

Size of porphyry dikes present on property and their spatial distribution indicate that a multi-kilometric intrusive stock is present with large untested geophysical anomalies proximal to POW Zone as high-priority drill targets

Notable IRGS deposits within Tintina Gold Belt include Kinross' Fort Knox operation in Alaska (reserves of 4.3 million ounces of gold), and Victoria Gold’s Eagle Gold Deposit (indicated resources of 4.8 million ounces of gold and inferred resources of 1.5 million ounces of gold)

Page 20: Aben Resources Ltd. - November 2014 Corporate Presentation

Intrusion Related Gold ModelHart et al, 2002

Intrusion Related Gold ModelHart et al, 2002

POW and Main Zone Skarns

Kangas Zone Veins

Confluence Zone Veins

Page 21: Aben Resources Ltd. - November 2014 Corporate Presentation

Justin Project Geophysics Compilation (Magnetics Survey)

Justin Project Geophysics Compilation (Magnetics Survey)

Page 22: Aben Resources Ltd. - November 2014 Corporate Presentation

POW Zone

Main ZoneMarch Fault

??

N SJustin Property Cross Section Looking East

A A’Kangas Zone

COR PCHKgd

?

? ?

2 km

Property Scale Cross Section of Justin Project

Property Scale Cross Section of Justin Project

Page 23: Aben Resources Ltd. - November 2014 Corporate Presentation

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Justin Gold-Tungsten Project, Yukon2012 Exploration and Drill Program

Justin Gold-Tungsten Project, Yukon2012 Exploration and Drill Program

A total of 1,994 metres was drilled in nine holes during the 2012 field season with all seven drill holes that were completed to their target depths successfully intersecting gold mineralization while two holes were abandoned due to difficult ground conditions

Significant drill results include 46.4m of 1.49 g/t Au in hole JN12011 and 88.5m of 0.73 g/t Au in hole JN12018

Mineralization has been traced along surface for approximately 450 metres west-east by 200 metres north-south and to 205 metres depth

The POW Zone continues to exhibit strong continuity of mineralization and remains open in all directions

The vast majority of the intrusive stock and its surrounding contact aureole at the Justin Project have yet to be tested and remain very high priority targets for future exploration and drilling

Page 24: Aben Resources Ltd. - November 2014 Corporate Presentation

POW Zone Cross Section of Drill Holes POW Zone Cross Section of Drill Holes

Page 25: Aben Resources Ltd. - November 2014 Corporate Presentation

POW Zone Plan View of Drill Holes POW Zone Plan View of Drill Holes

Page 26: Aben Resources Ltd. - November 2014 Corporate Presentation

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Aben’s Selwyn Recce Project,

NWT

Aben’s Selwyn Recce Project,

NWT

Page 27: Aben Resources Ltd. - November 2014 Corporate Presentation

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The Company has 100,278 acres directly east of the Yukon/NWT border

The area has garnered considerable attention recently with the discovery of Carlin-style mineralization in the Yukon at ATAC Resources’ (TSX.V: ATC) Osiris gold zone discovery

Aben’s permits and recently staked claims cover prospective targets with both Carlin-style stratigraphy and promising geochemical signatures

The permits were acquired on the basis of a proprietary geological and geochemical database obtained by Aben Resources from Eagle Plains Resources (TSX.V: EPL)

The database has been assembled through decades of systematic mineral exploration in the Mackenzie Mountains

Selwyn Recce Project and Proprietary Database

Selwyn Recce Project and Proprietary Database

Page 28: Aben Resources Ltd. - November 2014 Corporate Presentation

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Field crews completed a very large scale regional reconnaissance program on Aben’s Selwyn Recce Gold Project in 2011 that included geological mapping, regional prospecting, geochemical surveys and geophysical surveys

The bulk of the field work was carried out on 18 high priority targets with many thousands of samples having been collected including 7368 soil samples, 681 rock samples, 668 silt samples, 14 heavy mineral bulk samples and 51 petrographic analysis samples

Proprietary database exclusive to Aben now consists of 21,000 geochemical samples in a very underexplored area of the NWT and the 2011 field work was successful in delineating four high-priority targets warranting further exploration

• ENYO target: silver-zinc showing

• Suriso target: prospective for intrusion-related gold systems

• Bonk target: base metal showing with extensive 6 km horizon

• Energizer target: potential for Carlin-style gold mineralization

Selwyn Recce Project and Proprietary Database

Selwyn Recce Project and Proprietary Database

Page 29: Aben Resources Ltd. - November 2014 Corporate Presentation

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Hit Gold Project, Yukon

Hit Gold Project, Yukon

Page 30: Aben Resources Ltd. - November 2014 Corporate Presentation

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Hit Gold Project, YukonHit Gold Project, Yukon

Located 27 km north-northeast of MacMillan Pass and totals 1,100 acres

Project targets skarn/replacement gold mineralization associated with Tombstone-Suite intrusives and surrounding carbonate-rich sediments

Property highlights include intrusive-related gold mineralization which returned an average of 7.85 g/t Au over 7.0 metres in trenches

The property was acquired from and past exploration was carried out by Eagle Plains Resources (TSX-V: EPL) , a reporting issuer and other unrelated operators. The Company has not yet completed the work necessary to verify some of the past exploration results and since these results are historical in nature and predate National Instrument 43-101 standards they should not be relied upon.

Page 31: Aben Resources Ltd. - November 2014 Corporate Presentation

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CONTACT INFO.

Jim Pettit: President

Don Myers or Riley Trimbe: Corporate Communications

Timothy Termuende, P. Geo. and a director of Aben Resources, is the Qualified Person as defined by National Instrument 43-101 and has reviewed and approved the technical information in this presentation.

Suite 1610, 777 Dunsmuir Street

Vancouver, BC, V7Y 1K4, CANADA

Tel: (604) 687-3376 Fax: (604) 687-3119

Toll Free: 1-800-567-8181

Web Site: www.abenresources.com Email: [email protected]

Frankfurt Symbol: E2L US OTC Pink Symbol: ABNAFFrankfurt Symbol: E2L US OTC Pink Symbol: ABNAF