AJN Commences Drilling at Manono Northeast Project
AJN Resources Inc. Announces Commencement of Drilling at its
Manono Northeast Project, Tanganyika Province, DRC
Vancouver, BC, January 30, 2024: AJN Resources Inc. (CSE: AJN) (Frankfurt: 5AT) (AJN or the
Company) is pleased to announce that the Company has commenced percussion drilling on its
Manono Northeast Project (PR’s 15282 and 14537). Local Congolese drilling company MB
Exploration SARL has been contracted to drill three drill fence lines for approximately 6,000m of
drilling and will test the potential continuation of the Manono pegmatites over approximately 7
km within the project area as shown in Figures 1 and 2. Drill holes will be drilled at 50m centres
down to a maximum depth of 50m or until bedrock can be clearly identified. Drill holes will be
orientated along lines perpendicular to the regional trend and will identify the underlying
geology including any pegmatites, which are expected to transgress the Manono Northeast
Project area.
Figure 1: Planned Drill Fences across the Interpreted Extension of the Manono Pegmatites onto
the Project Area.
CEO and President Klaus Eckhof commented: “We are extremely excited to finally have a rig on
site after numerous delays due to heavy rainfall which severely impeded the mobilisation. The
aim of the programme is to better understand the underlying geology and identify potentially
mineralised pegmatites in an area where surficial cover generally reaches depths of more than 6
metres, which is similar to the area that hosts the Manono tin deposits. We are also highly
encouraged by the identification of tin mineralisation at various artisanal sites and from our
own stream sediment and pit sampling, especially considering that the Manono project started
as an alluvial tin mining operation.”
Manono Northeast Project
To date the Company has carried out numerous pitting and stream sediment sampling
programmes at its Manono Northeast Project, which have led to the identification of tin
mineralization and grades of up to 400ppm lithium (Li). These strong results highlight the
potential for the lithium–caesium–tantalum (LCT) pegmatites at Manono to continue onto the
Manono Northeast Project. Furthermore, the northernmost trench at the Manono project,
which was announced to have intersected near surface lithium bearing pegmatites, is located
only 7 km to the southwest of the Manono Northeast Project boundary.
At Manono, historic mapping has shown that pegmatites lie relatively close to the main granite
contact in the southeast. This pegmatite bearing zone has been interpreted to continue onto PR
15282 as shown in Figure 1 where it lies adjacent to a number of granite outcrops mapped at
surface and is a primary drill target.
In addition, the Company recently completed a stream sediment sampling programme where
15 kg samples were panned to produce concentrates of 50 - 100 g, which were then analysed
using a Niton XRF for field indications. This programme identified significant tin mineralization
in the central portion as shown in Figure 2. All streams in the area flow towards the north or
northwest, suggesting that a second mineralized source potentially exists in the central portion
of PR 15282. Both targets will be tested in the current drilling programme.
Figure 2: Results of Stream Sediment and Pitting Sampling on PR 15282 and PR 14537.
QP Statement
Mr Stephen Alan Mawson is a consultant of AJN Resources Inc. and qualified geologist and is a
registered Professional Natural Scientist (Geological Science) with the South African Council for
Natural Scientific Professions (SACNASP Reg. No. 400074/03) and a member of the Geological
Society of South Africa. Mr Mawson is a qualified person (QP) under NI 43-101 and has
reviewed and approved the scientific and technical information contained in this news release.
About AJN Resources Inc.
AJN is a junior exploration company. AJN’s management and directors possess over 75 years of
collective industry experience and have been very successful in the areas of exploration,
financing and developing major mines throughout the world, with a focus on Africa, especially
the Democratic Republic of the Congo.
For further information, please contact Investor Relations:
Sheena Eckhof
Director, Investor Relations
Visit us at www.ajnresources.com
Tel: +44 7496 291547
On Behalf of the Board of Directors
Klaus Eckhof
CEO and President
Cautionary Note Regarding Forward-Looking Statements
The information in this news release may include certain information and statements about
management’s view of future events, expectations, plans and prospects that may constitute
forward-looking statements. Forward-looking statements are based upon assumptions that are
subject to significant risks and uncertainties. Because of these risks and uncertainties and as a
result of a variety of factors, the actual results, expectations, achievements or performance
may differ materially from those anticipated and indicated by these forward-looking
statements. Although AJN Resources Inc. believes that the expectations reflected in forward-
looking statements are reasonable, it can give no assurances that the expectations of any
forward-looking statements will prove to be correct. Except as required by law, AJN Resources
Inc. disclaims any intention and assumes no obligation to update or revise any forward-looking
statements to reflect actual results, whether as a result of new information, future events,
changes in assumptions, changes in factors affecting such forward-looking statements or
otherwise.
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the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or
accuracy of this release.
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