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AJN Provides Operational Update on Manono Northeast Lithium Project in DRC

Mine Development & Operations

AJN Resources Inc.

+44 7496 291 547

CSE: AJN, Frankfurt: 5AT

[email protected]

Suite 1400 - 1199 West Hastings St,

Vancouver BC V6E 3T5

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ajnresources.com

CSE: NEWS RELEASE 18/10/24

AJN Resources Inc. provides an opera4onal update on its Manono

Northeast lithium project in DRC.

Vancouver, BC, October 18, 2024: AJN Resources Inc. (CSE: AJN) (Frankfurt: 5AT) (AJN or the

Company) is pleased to provide an update on its activities at the Manono Northeast Project,

Ta n g a n y i k a P r o v i n c e , D R C . Results for recently completed diamond and RC drilling programmes

announced July 3, 2024, are expected by month end.

The Manono Northeast pegmatites are interpreted to coincide with the continuation of the 400Mt

high grade pegmatites defined at Manono onto PR 15282. Spodumene and minor lepidolite

mineralisation were identified in both diamond holes drilled on a single fence line which intersected

an 80 to 100m wide, flat dipping pegmatitic zone in granite which was defined over a minimum of

300m at surface from reverse circulation (RC) drilling. The RC drilling intersected blocky quartz

interpreted to represent pegmatites from two additional areas suggesting pegmatites were

intersected over a strike length of 4km.

Once received, these results will be analysed and will assist the Company in determining the way

forward with respect to further exploration on the Manono Northeast Project.

QP Statement

Mr Dylan le Roux is a 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.

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 Congo.

For further information, please contact Investor Relations:

Sheena Eckhof

Director, Investor Relations

[email protected]

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

[email protected]

Cau3onary 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

AJN News Release

18/10/24

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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.