AVZ Discussion 2022

Frank

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Frank

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Frank

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cruiser51

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Frank

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cruiser51

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AJN Resources Inc. +44 7496 291 547 CSE: AJN, Frankfurt: 5AT info@ajnresources.com Suite 1400 - 1199 West Hastings St, Vancouver BC V6E 3T5 Page 1 ajnresources.com CSE: NEWS RELEASE 30/05/24 AJN Resources Inc. Announces Commencement of RC Drilling at its Manono Northeast Project, Tanganyika Province, DRC. Vancouver, BC, May 30, 2024: AJN Resources Inc. (CSE: AJN) (Frankfurt: 5AT) (AJN or the Company) is pleased to announce that the Company has commenced reverse circulation (RC) drilling on its Manono Northeast Project (PR 15282). 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, which are interpreted to overlie the continuation of the Manono pegmatites onto PR 15282. These target zones were identified along two section lines as shown in Figure 1 and will be tested across the full 7km extent of the property including samples with anomalous lithium and tin, which were identified in the southern portion of PR 15232. The RC drilling programme will be revised once the Company has a better understanding of the distribution of lithium bearing pegmatites within the licence area. The Company intends to give regular updates with respect to the progress of the RC drilling and commencement of the diamond drilling programme on the project area. The percussion drilling further confirmed that the PR 14537 property, which borders PR 15282, is underlain by granite and has no economic potential. The company has since withdrawn its interest and will not continue exploring on this licence. Figure 1: Percussion Holes Drilled to Date and Position of the First Line of RC Drilling. Note the Interpreted Continuation of Pegmatites and RC Drill Targets in close Proximity to the Granite Contact and Results of Stream Sediment Samples. AJN News Release 30/05/24 Page 2 CEO and President Klaus Eckhof commented: “We are extremely excited to commence this next phase of our exploration programme at the Manono Northeast Project. The RC drilling will allow us to better understand the geological structures and potential mineralisation at deeper levels within our licence area. Our initial percussion drilling has provided valuable insights, and we look forward to expanding on this knowledge with more detailed drilling, sampling and analysis.” Figure 2: Photo of the RC Drill Rig on the Manono Northeast Project. 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). Percussion drilling has covered a further 5km across the project area and has identified the interpreted continuation of the Manono pegmatites onto PR15282 as shown in Figure 1. These strong results highlight the potential for the lithium–caesium–tantalum (LCT) pegmatites that were found at the nearby Manono project to continue onto the Manono Northeast Project. The Company notes that 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. AJN News Release 30/05/24 Page 3 QP Statement Mr Stephen Alan Mawson is a consultant of AJN Resources Inc. and a qualified geologist. Mr Mawson 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 sheena@eckhofconsulting.com Visit us at www.ajnresources.com Tel: +44 7496 291547 On Behalf of the Board of Directors Klaus Eckhof CEO and President klauseckhof@monaco.mc Cau:eek:nary 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 forwardlooking 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 forwardlooking 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.

It is AJN's permit, north of 13359
 
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Cumquat Cap

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@Roon doing a stellar job over on the crapper giving our detractors plenty to work with, keep up the good work mate! We get it, you have a point of view and are very smart, great stuff
 
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JNRB

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If NF didn't have a conflict of interest issue before he sure as he does now.
 
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Samus

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Nellie17

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If NF didn't have a conflict of interest issue before he sure as he does now.
Why? It has nothing to do with our tenements has it?

Cheers,
Nellie
 
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Cumquat Cap

Regular
Lithium exploration next to lithium tenement certainly doesn’t pass the sniff test for me, he should’ve sold those shares 2 years ago, spit in the face to avz shareholders doing it bloody tough.
 
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Frank

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Xerof

Have a Cigar 1975
Lithium exploration next to lithium tenement certainly doesn’t pass the sniff test for me, he should’ve sold those shares 2 years ago, spit in the face to avz shareholders doing it bloody tough.
You’re right, he should have sold as they’ve dropped 66% in value from 2 years ago😳
(But I get what you mean)
 
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cruiser51

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You’re right, he should have sold as they’ve dropped 66% in value from 2 years ago😳
(But I get what you mean)
Well, well....
He could have used it as a tax deduction. :oops::oops::oops:

And Nigel's wife should stop fukking shopping at Woolies and Nigel should only fly Qantas airlines...
And... his choice of toilet paper totally pisses me off, he should get it flown in from Lubumbashi and help the local DRC population!

I actually think Nigel's shares are not my business!
If I would have been concerned about it, I would have sold my AVZ shares ages ago.
It was not a fukking secret, was it?

Don't people do their dd before they buy shares?
 
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Samus

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From memory it only became a concern when AJN released that they would be applying for the Northern tenement after it was split from 13359 when our management had publicly stated that it would be renewed for us under exploration permit.
He has enough shares that; had he sold he would have decimated the share price & should have done so imo.
Anyway the shit show continues...
 
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Xerof

Have a Cigar 1975
Well, well....
He could have used it as a tax deduction. :oops::oops::oops:

And Nigel's wife should stop fukking shopping at Woolies and Nigel should only fly Qantas airlines...
And... his choice of toilet paper totally pisses me off, he should get it flown in from Lubumbashi and help the local DRC population!

I actually think Nigel's shares are not my business!
If I would have been concerned about it, I would have sold my AVZ shares ages ago.
It was not a fukking secret, was it?

Don't people do their dd before they buy shares?
Piss taking

When I bought AVZ, Klaus and Ferguson were running the show. I didn’t give a shit about their other directorships or shareholdings, as they rowed the same boat

It would have become our business if AJN had got hold of the North though, as the optic’s would have been terrible

I agree Directorships and shareholdings are different beasts

Turns out there was nothing to see, except Klaus opportunism and Nige had already resigned as a Director, as he should have done
 
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RHyNO

Regular
So you have a slave phone then?
Don’t we all mate! Hope Nigel can sort this so at least our mine isn’t a part of the problem!
 
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Frank

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oxxa23

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What stops N. Ferguson from giving a public interview without, for obvious reasons, putting the court proceedings in the foreground and instead emphasizing the project? What stops him being this invisible or anyone else from the BOD?
 
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