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Mining industry

AJN Resources Commences Field Work on Okote Gold Project in Ethiopia

Strategic Insights

— 1 min read

AJN Resources Inc. has mobilized field crews to start exploration work on the Okote Gold Project, located near the Lega Dembi Gold Mine in Ethiopia. The project area covers an extensive artisanal workings identified over 3km of strike, with a potential mineralized corridor transgressing the tenement from south to north. The company has also engaged Mining and Drill Systems (MDS) of South Africa to conduct a minimum of 1,500m of diamond drilling as part of its due diligence program. The exploration team will conduct detailed field work, resource work, and on-ground mapping to identify priority areas for follow-up drilling. Historic drill core stored at Lega Dembi will be logged in detail to understand structural and lithological controls on gold mineralization.

Key Takeaways:

  • AJN Resources has mobilized field crews to commence exploration work on the Okote Gold Project, covering an area of circa 3,000m x 500m.
  • The project area has extensive artisanal workings identified over 3km of strike, with a potential mineralized corridor transgressing the tenement from south to north.
  • Mining and Drill Systems (MDS) of South Africa have been engaged to conduct a minimum of 1,500m of diamond drilling as part of the company's due diligence program.
  • The exploration team will conduct detailed field work, resource work, and on-ground mapping to identify priority areas for follow-up drilling.
  • Historic drill core stored at Lega Dembi will be logged in detail to understand structural and lithological controls on gold mineralization.
  • CEO Klaus Eckhof mentioned that the area is clearly prospective, with MIDROC drilling results including mineralized intercepts of 18.13m at 3.25g/t Au, 25.05m at 3.82g/t Au, 12m at 3.34g/t Au, and 13m at 8.71g/t Au from a single drill hole.
  • Note that these historical results have not been validated by AJN Resources and any such validation will be part of future work programs.

Statistics:

  • The Okote Gold Project covers an area of circa 3,000m x 500m.
  • The potential mineralized corridor transgresses the tenement from south to north.
  • A minimum of 1,500m of diamond drilling will be conducted as part of the company's due diligence program.
  • The exploration team will conduct detailed field work, resource work, and on-ground mapping to identify priority areas for follow-up drilling.

Sources:

  • AJN Resources Inc. news release (August 18, 2025)
  • CSE: AJN
  • FSE: 5AT
  • AJN Resources Inc. website (www.ajnresources.com)

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