Summary:Aben Gold secures a 5-year Yukon mining licence for its Justin Gold Tungsten Project, enabling full-scale gold-tungsten exploration in the prolific Tombstone Gold Belt....
Aben Gold Corp. (TSX-V: ABM) has secured a 5-year Yukon Class 3 quartz mining licence from the Yukon Government’s Department of Energy, Mines & Resources, a pivotal regulatory approval that enables full-scale exploration at its flagship Justin Gold Tungsten Project. Effective May 21, 2026, to May 20, 2031, the licence covers 375 mineral claims across 7,400 hectares in southeast Yukon’s Tombstone Gold Belt, one of Canada’s most prolific gold exploration regions. This milestone not only validates the project’s geological potential but also positions Aben Gold to advance high-priority gold-tungsten targets amid strong market demand for critical minerals.
Project Overview & Licence Scope
The Justin Gold Tungsten Project is Aben Gold’s 100%-owned flagship asset, strategically located in southeast Yukon’s highly prospective Tombstone Gold Belt, adjacent to Seabridge Gold’s 3 Aces project—an area with a history of high-grade gold discoveries. The 5-year Yukon mining licence (Class 3 Quartz Mining Land Use Approval) authorizes a comprehensive suite of exploration activities, providing long-term operational certainty for the company’s technical teams.
Table 1: Aben Gold Justin Project – Licence & Key Specifications
| Parameter | Details |
|---|---|
| Licence Type | Class 3 Quartz Mining Land Use Approval |
| Term | 5 years (May 21, 2026 – May 20, 2031) |
| Project Area | 7,400 hectares (375 mineral claims) |
| Location | Southeast Yukon, Tombstone Gold Belt |
| Authorized Activities | Diamond drilling, RAB drilling, mechanized trenching (25 max), temporary trails/helicopter pads, geophysical surveys |
| Key Targets | POW Zone (gold-tungsten), Lost Ace Zone (high-grade gold) |
Geological Potential & Target Focus
The Justin Project lies within the Tintina Gold Belt, a world-class mineralized trend hosting multiple multi-million-ounce gold deposits, including Snowline Gold’s Rogue Project and Sitka Gold’s RC Gold Project. Aben Gold’s 2024 QMAGT airborne geophysical survey identified coincident geophysical and geochemical anomalies, highlighting two primary drill targets for the 2026 program:
POW Zone: An intrusion-related gold-tungsten system with widespread potassic mineralization, high-grade surface copper-gold samples, and strong porphyry-style geophysical signatures.
Lost Ace Zone: An orogenic gold target with historic high-grade near-surface gold mineralization, previously tested in 2019 with encouraging results.
The 5-year Yukon exploration licence allows Aben Gold to systematically evaluate these targets, with the 2026 program kicking off in mid-July and running through mid-September, including 1,500 metres of diamond drilling, grid soil/rock sampling, and geological mapping.
Regulatory & Strategic Significance
Securing a 5-year mining licence in Yukon is a significant achievement, as the territory’s regulatory framework requires rigorous environmental and socio-economic assessments, including consultation with First Nations communities (Liard First Nation, Ross River Dena Council)Aben Gold Corp.. The Class 3 approval builds on the 2025 Class 1 approval, which allowed preliminary exploration, and provides long-term flexibility for multi-season programsAben Gold Corp..
Strategically, the licence positions Aben Gold to capitalize on two key market trends:
Strong Gold Prices: Global gold demand remains robust, with Yukon emerging as a top jurisdiction for junior gold explorers, attracting investment from majors like Agnico Eagle.
Critical Mineral Demand: Tungsten, a vital industrial mineral used in aerospace and defense, is classified as a critical mineral by Canada, driving increased exploration focus on gold-tungsten systems.
Conclusion
Aben Gold’s acquisition of the 5-year Yukon mining licence for the Justin Gold Tungsten Project is a transformative milestone, unlocking full-scale exploration in one of Canada’s most promising gold belts. With regulatory certainty, a robust 2026 drill program, and exposure to both gold and critical tungsten, Aben Gold is well-positioned to deliver significant value for shareholders and solidify its status as a leading Yukon explorer. As the company mobilizes field teams this summer, the industry will closely watch for drill results that could confirm the project’s district-scale potential.
