AJN Announces Receipt of Certification to Commence Work and Project Update
AJN Resources Inc. Announces Receipt of Certification to
Commence Work and Project Update
Vancouver, BC, December 21, 2023: AJN Resources Inc. (CSE: AJN) (Frankfurt: 5AT) (“AJN” or
the “Company”) is pleased to announce that the Company has received all approvals to
commence work on its PR 15282 (Manono Northeast) and PR 15383 (Kabunda South). MB
Exploration SARL have commenced with mobilization of their crews and the drill rig to Manono
where drilling is expected to commence on PR 15282 before year end.
Figure 1: Planned Drill Fences and Results from Channel and Grab Samples on PR 15282 and the
Interpreted Extension of the Manono Pegmatites onto the Project Area.
CEO and President Klaus Eckhof commented: “We are extremely excited about reaching this
very important milestone to commence drilling on this highly prospective property which has
excellent potential of uncovering similar lithium bearing pegmatites to those which have
produced world class resources at Manono. The Manono pegmatites were only identified once
tin alluvial workings reached deeper levels in a similar scenario to what our exploration teams
have identified on PR 15282. We are further encouraged by the two areas identified on the
licence where tin artisanal workings reported anomalous lithium results adjacent to the granite
contact in a similar setting as the Manono pegmatites.
PR 15282 (Manono Northeast Project)
The Company has carried out a reconnaissance pitting programme aimed at identifying lithium
bearing pegmatites below the extensive surface cover. Many of the pits were hand excavated
to depths of 4-6m without reaching bedrock. It was therefore decided that a shallow percussion
drilling programme would be better suited to identify underlying pegmatites in the current
environment. Channel samples from the shallow pits did not return any significant results.
Two areas of artisanal workings were identified within two streams adjacent to the granite
contact at locations shown in Figure 1. Results from grab samples collected from the workings
reported lithium grades of up to 400ppm Li and tin grades up 1,815ppm Sn . Historically the
grades of tin mined at Manono were circa800ppm which further supports the potential for the
project to host lithium and tin bearing pegmatites potentially over 8 -10km across the project
area.
Three drill fence lines have been planned as shown in Figure 1. Drill holes will be drilled at 50m
centres down to a maximum depth of 50m or until bedrock can be clearly identified. Samples
will be prepared in Lubumbashi and pulps will be submitted to ALS Global in Ireland for assay.
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.
All of the QAQC samples (2 Certified Reference Material, 1 Blank and a Duplicate) submitted
into the sampling stream (47 samples) have returned acceptable results.
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.
Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in
the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Not for distribution to United States newswire services or for dissemination in the United
States.