Trenches SBT-004, SBT-005, and SBT-006 all intersected broad zones of anomalous surface mineralization over the main sheeted vein swarm, confirming the highly anomalous interval of 109.1m @ 0.21 g/t Au previously reported from trench SBT-001, with intersections including 45.85m @ 0.36 g/t Au and 9.35 @ 0.69 g/t Au (trench SBT-005). There are many shallow, narrow ancient workings over the sheeted vein swarm (see Figure 3), typically less than a meter in width to a maximum of 3-4m depth, with the highest grade quartz veins having been removed by the ancient miners. It is therefore considered highly probable that the trench assays have underestimated the true grade of the mineralized interval at surface, prior to the ancient shallow mining activity, due to the selective removal of high grade quartz veins.

Table 1: Selected mineralized intersections from Sir Bakis trenches SBT-004 to SBT-012

The main sheeted vein swarm appears to be offset by a fault which is approximately parallel to trench SBT-002, and the anomalous mineralization intersected in trenches SBT-007 and SBT-008 suggests the possibility of a separate eastern vein swarm zone possibly extending to the south under wadi sediments.

The Company continues to be very encouraged by the trench results and believes that the sheeted vein style mineralization identified at Sir Bakis displays strong affinities with reduced intrusion related gold (RIRG) systems, possibly associated with blind stocks or apophyses of granite associated with the late Ria al Jarrah granite (see Figure 2). Small, irregular outcrops of distinctive pink granite stocks have been mapped at Sir Bakis area in the immediate area of the identified mineralization.

Sidi Samarin Prospect
A short first-pass programme of selective grab sampling has been completed at the Sidi Samarin prospect, located approximately 2.5km NW of the Sir Bakis prospect (See Figure 4). The Sidi Samarin area is located within a wedge of predominantly orogenic ‘grey granites’, with minor metavolcanics located between the late Ria al Jarrah and Garida granite plutons (see Figures 1 and 2). Mineralization in the area is primarily associated with narrow, sheared and iron-stained quartz veins, hosted mainly in granodiorites, and appears to be similar to that at the Massaghat prospect (see Figure 2), which has returned gold assay values of up to 470 g/t Au (see news releases dated August 15, 2012 and 4 December, 2017). There are a number of small, isolated ancient workings in the Sidi Samarin area, exploiting such quartz veins.

Table 2: Details of Sidi Samarin grab samples

A short programme of selective grab sampling has been completed at Sidi Samarin, with encouraging results. All samples were crushed to -4mm at the Company’s onsite sample preparation facility at Hamama, with c. 500g splits shipped to ALS Minerals at Rosia Montana, Romania for analysis. All samples were analyzed for gold by fire assay using analytical code AA-Au23. Details of the samples are provided above in Table 2, and sample locations are shown in Figure 4. Of the 13 samples, 5 returned assays greater than 1 g/t Au, and results included assays of up to 9.78 g/t and 4.86 g/t Au.

Figure 4 - An infographic accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/cd16ec23-22c8-47aa-acb2-e1df79f93333

Activity update:

• The Company remains on course to submit its financial and technical study on the Hamama West deposit to the Egyptian Mineral Resources Authority by May 2018, in support of its intention to declare a commercial discovery at Hamama (see news release, dated November 20, 2017);
   
• Geotechnical trial pitting at 2 potential locations for the Hamama West heap leach facility has been completed, and it is anticipated that samples will be submitted to an ISO certified laboratory in Cairo within the next week for geotechnical testwork;
   
• The final report on the deep ground penetrating radar geophysical survey has now been completed by Terravision Exploration, with the survey having identified a number of promising new targets. Further details of the GPR survey will be released soon;
   
• Additional surface sampling has been completed at the Rodruin prospect to follow up on the highly promising initial surface sampling results (see news releases dated February 6, 2018 and March 5, 2018). Samples have been dispatched to ALS Romania for analysis, and further updates will be provided shortly;
   
• Construction of the Rodruin access road has commenced, and the road is progressing well. Drilling is planned to start at Rodruin, as soon as the access road has been completed and drill pads have been constructed.

About Aton Resources Inc.
Aton Resources Inc. (AAN:TSX-V) is focused on its 100% owned Abu Marawat Concession (“Abu Marawat”), located in Egypt’s Arabian-Nubian Shield, approximately 200 km north of Centamin’s Sukari gold mine. Aton has identified a 40 km long gold mineralized trend at Abu Marawat, anchored by the Hamama deposit in the west and the Abu Marawat deposit in the east, containing numerous gold exploration targets, including three historic British mines. Aton has identified several distinct geological trends within Abu Marawat, which display potential for the development of RIRG and orogenic gold mineralization, VMS precious and base metal mineralization, and epithermal-IOCG precious and base metal mineralization. Abu Marawat is over 738km² in size and is located in an area of excellent infrastructure; a four-lane highway, a 220kV power line, and a water pipeline are in close proximity.

Qualified Person
The technical information contained in this News Release was prepared by Roderick Cavaney BSc, MSc (hons), MSc (Mining & Exploration Geology), FAusIMM, GSA, SME, Vice President, Exploration, of Aton Resources Inc. Mr. Cavaney is a qualified person (QP) under National Instrument 43-101 Standards of Disclosure for Mineral Projects.

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

Mark Campbell
President and Chief Executive Officer
Tel: +202-27356548
Email: mcampbell@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.

Appendix A – Sir Bakis trench intersection results