Business
AJN Resources Commences Due Diligence on the Okote Gold Project in the Adola Gold Belt of the Renowned Arabian-Nubian Shield in Oromia State, Southern Ethiopia; Private Placement Offering
Vancouver, British Columbia--(Newsfile Corp. - August 18, 2025) - AJN Resources Inc. (CSE: AJN) (FSE: 5AT) (AJN or the Company) is pleased to announce that it h
About this update from Drc Gold Corp.
[{"type":"text","content":" Vancouver, British Columbia--(Newsfile Corp. - August 18, 2025) - AJN Resources Inc. (CSE: AJN) (FSE: 5AT) (AJN or the Company) is pleased to announce that it has mobilised field crews to commence field work on the Okote Gold Project located within 100km of the c4.5Moz Lega Dembi Gold Mine, the largest gold producer in Ethiopia. Godu General Trading S.C. (Godu), the owners of the Okote licence have built strong relationships with local government bodies, local inhabitants and artisanal miners at Okote and will ensure the Company has full support and will have unimpeded access to the project area including all new artisanal workings which cover more than 3km of strike. The Company has also engaged Mining and Drill Systems (MDS) of South Africa to conduct a minimum of 1,500m of diamond drilling as per agreement signed with Godu. Highlights Exploration team to commence detailed field work over the prospective area identified from abundant artisanal workings which cover an area of circa 3,000m x 500m within a potential mineralised corridor which transgresses the tenement from south to north Resource work and on ground mapping will identify priority for follow up drilling Historic drill core stored at Lega Dembi will be logged in detail to understand structural and lithological controls on gold All newly acquired data will be incorporated into the database for optimum planning of the 1,500m due diligence drilling programme Inhouse resource work is ongoing CEO and President Klaus Eckhof commented: \"We are extremely pleased to have finally commenced our due diligence on the Okote Gold Project, where our experienced geological team will be focusing on mapping and sampling the extensive artisanal workings exposed over 3km where there has been no previous exploration. The team will also study drill core and trenches over the area drilled historically to orientate themselves with respect the geology and controls on mineralisation which they can apply to the broader mineralised corridor including the workings to the east. The area is clearly prospective where MIDROC drilling results included mineralised 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 and any such validation will be part of futur...