AJN Announces Several Mineralised Shear Zones Defined Across Okote Gold Project
AJN Resources Inc.
+44 7496 291 547
CSE: AJN, Frankfurt: 5AT
Suite 1400 - 1199 West Hastings St,
Vancouver BC V6E 3T5
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ajnresources.com
CSE: NEWS RELEASE
14/10/25
AJN RESOURCES INC. ANNOUNCES SEVERAL MINERALISED
SHEAR ZONES DEFINED ACROSS THE OKOTE GOLD PROJECT IN
ETHIOPIA
Vancouver, BC, October 14, 2025: AJN Resources Inc. (CSE: AJN) (Frankfurt: 5AT) (AJN or the
Company) is pleased to provide an update on exploration activities at its highly prospective Okote
Gold Project in Ethiopia. Ongoing mapping and sampling activities have defined several mineralised
shear zones with numerous artisanal workings along strike illustrating shallow, high-grade potential.
HIGHLIGHTS
• Mapping has confirmed that the main target comprising the NNE-SSW trending Okote
Central shear ranges in thickness from 10-40m wide and dips steeply to the west.
• Three new parallel shear zones have been identified on the Okote East target which exceed
a cumulative width of 60m, have been traced for 1000m along strike, and remain open to the
north and south.
• These shear zones are characterised by pervasive quartz-carbonate alteration along with
disseminated pyrite and chalcopyrite mineralisation. Quartz-carbonate veins up to 3m thick
have also been observed throughout the shears.
• Mapping evidence suggests mineralisation is strongly correlated to competence contrasts
between host rocks as well as complex fold-related geometry which may explain the irregular
strike continuity of historical drilling intercepts.
• 43 rock-chip and 34 channel samples have been taken in addition to the previous 602 samples
which have already been submitted to ALS Global in Ireland. Results are pending.
• Ongoing detailed mapping will continue to guide the upcoming 1,500m diamond drilling
programme.
• The MDS diamond drill rig has been mobilised and is scheduled to arrive on site within 2-3
weeks.
• In-house resource work is ongoing.
CEO and President Klaus Eckhof commented: “We are very pleased with the progress being made by
the team on site over the past few weeks. Mapping efforts continue to unveil new zones of
mineralisation and build on our understanding of the geometry of the system as a whole. With drilling
on the horizon, we are excited to showcase the potential of this project and deliver value to our
shareholders.”
AJN News Release
14/10/25
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Geology of the Okote Gold Project
Mineralisation at Okote is typically within quartz vein and stringer systems associated with pyrite
stringers and disseminated pyrite. These vein systems are hosted within broad N-S to NNE-SSW
trending shear zones which dip steeply to the west and exceed 50m in width. Mineralised shears
have also been identified in areas of strong contrast in rock competence identified along the contact
zones between intrusives and schist units.
Small intrusive bodies of diorite, gabbro, and granite sills are also important features with potential
to host significant mineralisation.
QP Statement
Mr. Dylan le Roux (BSc Hons) is an independent consultant of AJN Resources Inc. and a qualified
geologist. Mr. le Roux is a registered Professional Natural Scientist (Geological Science) with the
South African Council for Natural Scientific Professions (SACNASP Reg. No. 155814). Mr. le Roux is a
qualified person (QP) under NI 43-101 and has reviewed and approved the scientific and technical
information contained in this news release.
Figure 1: MDS diamond drill rig.
AJN News Release
14/10/25
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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.
For further information, please contact Investor Relations:
Sheena Eckhof
Director, Investor Relations
Visit us at www.ajnresources.com
Te l : + 4 4 7 4 9 6 2 9 1 5 4 7
On Behalf of the Board of Directors
Klaus Eckhof
CEO and President
Cau$onary 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.