Aton Resources Inc. (TSX-V: AAN) ('Aton' or the 'Company') is pleased to update investors with the latest results from surface sampling programmes at its Zeno and Semna regional target areas, at the Company's 100% owned Abu Marawat Concession ('Abu Marawat' or the 'Concession'), in the Eastern Desert of Egypt.

Highlights: A total of 106 selective grab samples were collected from Zeno and the Semna regional prospect areas; The Semna regional samples were taken in a wide and previously unsampled area to the southeast of the historic Semna gold mine, which has been heavily exploited by artisanal miners in recent times, and the Zeno samples were taken from new artisanal workings where newly and/or more deeply exposed mineralised structures had previously been sampled at or near surface; 34 samples were collected from the Zeno prospect area, and returned assays including 36.20 g/t Au, 15.30 g/t Au and 14.15 g/t Au. 3 more samples also returned assays greater than 10 g/t Au, and a further 3 samples also returned assays greater than 5 g/t Au; 72 samples were collected from the Semna regional prospect area, and returned assays including 25.70 g/t Au, 16.55 g/t Au and 15.20 g/t Au. 4 more samples returned assays greater than 10 g/t Au, and a further 6 samples returned assays greater than 5 g/t Au; The structural orientations and style of mineralisation at both prospects bear similarities to those observed at the nearby Semna gold mine; This sampling programme significantly expands the area of mineralised veins and structures in the broader Semna-Zeno area.

'We are very pleased with another set of impressive sampling results from the Semna and Zeno areas, which significantly expands the area of known mineralisation, as well as helping us to better understand the distribution of the mineralisation and its structural controls. The entire Semna-Zeno regional area is a very high priority target for us, and we have now started RC drilling at Semna, and expect to start drilling at Zeno in the middle of August' said Tonno Vahk, Interim CEO. 'We continue to push ahead, and remain firmly on track to submit our application for the mining licence at Abu Marawat in the coming weeks. We were also pleased to have recently attended the very successful Egypt Mining Forum in Cairo, and would like to congratulate our partners at the Ministry of Petroleum and the Egyptian Mineral Resources Authority for organising and hosting such a great event which will surely aid in the development of the mineral exploration and mining sectors in Egypt. We are already looking forward to next year's event!' Abu Marawat regional sampling programme

The Company has recently undertaken several surface sampling programmes, as part of its preparation and planning activities for the ongoing regional RC exploration drilling programme started in May 2023, and also to guide future exploration activities. Samples from the surface sampling programme have returned assays up to and including 67.5 g/t Au from Abu Gaharish, 54.9 g/t Au from Bohlog, and 27.6 g/t Au from Semna, and 104.5 g/t Au from Zeno.

Discussion of results

Zeno

Sampling was undertaken at the Zeno prospect area, located approximately 12 km north of the Rodruin mineral deposit and 4 km west of the old Semna gold mine. Artisanal miners have been very active in the general Zeno area in the previous 3 years, and have excavated numerous open pit and underground workings on what Aton believe to be potentially very high grade gold mineralised veins and structures. Previous surface sampling by Aton of visible gold and iron oxide bearing quartz veins returned assays including 117.5 g/t Au, 100.5 g/t Au, 72.3 g/t Au, 56.5 g/t Au and 48.3 g/t Au, and more recently 104.5 g/t Au, 67.1 g/t Au and 43.0 g/t Au.

Aton has recently completed a follow-up programme of selective grab sampling at Zeno, in areas previously sampled in 2018, but which have recently been exploited by artisanal miners. A total of 34 samples were collected from recently mined veins and structures, or from excavations that were previously sampled at a higher level or along strike.

The mineralisation has been worked extensively in both ancient and recent times in the Zeno area and appears to consist predominantly of narrow (typically

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