AJN Resources Inc. is pleased to announce that the Company's recent drilling program has intersected a highly weathered, 80 to 100m wide pegmatitic zone in granite on its Manono Northeast Project that is clearly identified in two diamond drill holes completed on Line 4800N as shown in Figure 1. Spodumene and minor lepidolite mineralisation were identified in each of the diamond drill holes. The pegmatitic zone is flat [...]
AJN Resources Inc. is pleased to announce that the Company has commenced reverse circulation drilling on its Manono Northeast Project . Hub Drilling Limited, a South African based drilling company, has been contracted to follow up on drilling data received from the ongoing percussion drilling programme. The percussion drilling programme identified three zones of alluvial sediment adjacent to the granite contact zones [...]
AJN Resources Inc. is pleased to announce that the Company has commenced percussion drilling on its Manono Northeast Project . 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 [...]
AJN Resources Inc. is pleased to announce that the Company has received all approvals to commence work on its PR 15282 and PR 15383 . 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 [...]
AJN Resources Inc. is pleased to announce the voting results from its 2023 annual general and special meeting of shareholders, which was held on December 11, 2023. All resolutions presented to shareholders were approved. The number of directors was set at four, and Klaus Eckhof, Mark Gasson, Sheena Eckhof and Lap Kiu Jacky Chan were re-elected to AJN's board of directors. Dale Matheson Carr-Hilton Labonte LLP, Chartered [...]
AJN Resources Inc. is pleased to announce that it has entered into a binding Term Sheet with Mining Entreprise Katanga SARLU , which is a limited liability company with its registered office in Lubumbashi, Democratic Republic of Congo , to acquire a 75% indirect interest in exploration permit PR 15623 located in the Manono Region, Tanganyika Province of the DRC. Highlights Agreement signed to earn 75% interest in PR 15623 [...]
AJN Resources Inc. is pleased to announce that it has entered into a binding term sheet with Future Mining Company SARL, which is a limited liability company with its registered office in Kinshasa, for an option to acquire up to a 70% indirect interest in exploration permit PR 14537 located in the Manono Territory, Tanganyika Province of the DRC. The town of Manono, located about 20km via dirt road from PR 14537, is [...]
AJN Resources Inc. is pleased to announce that it has closed its non-brokered private placement of units announced on July 26, 2023. The Company issued 13,415,000 units at a price of $0.25 per unit for gross proceeds of $3,353,750. Each unit is comprised of one common share and one share purchase warrant, where each warrant is exercisable at $0.30 per share on or before August 11, 2025. In connection with a portion of the [...]
AJN Resources Inc. is pleased to announce a non-brokered private placement offering of up to 16,000,000 units at a price of $0.25 per Unit, for gross proceeds of up to $4,000,000 . Each Unit will consist of one common share and one share purchase warrant , where each Warrant will entitle the holder to purchase one additional common share at an exercise price of $0.30 per Warrant Share for a two year period. AJN intends to [...]
AJN Resources Inc. is pleased to announce that it has completed a reconnaissance mapping and sampling programme on its Kabunda South Project. Key outcomes from the program include: Spodumene within pegmatites visually identified across the full 7km strike extent of the permit. Assay results from sampling expected in August. Steeply dipping pegmatites mineralized in spodumene were identified over widths of between 50m to [...]
AJN Resources Inc. is pleased to announce that it has entered into a binding term sheet with Palm Constellation SARL, which is a limited liability company with its registered office in Kinshasa, for an option to acquire up to a 70% indirect interest in exploration permit PR 15282 located in the Manono Territory, Tanganyika Province of the DRC. Manono is located roughly 500km north of Lubumbashi and can be accessed by road [...]
AJN Resources Inc. is pleased to announce that it has entered into a binding Term Sheet with Mining Entreprise Katanga SARLU , which is a limited liability company with its registered office in Lubumbashi, Democratic Republic of Congo , to acquire a 75% indirect interest in PR 15383 located in the Manono Region, Tanganyika Province of the DRC. PR 15383 is a new application for an exploration permit, which has received [...]