Drc Gold Corp. · CSE:DRC
Drc Gold — AJN Resources — Cape Town 121 Investor Presentation (February 2025)
20 slides from Drc Gold's conference presentation, February 2025
Slide 1: 121 Investor Presentation
121 INVESTOR PRESENTATION Cape Town – February 2025 CSE: AJN | Frankfurt: 5AT
Slide 2: Disclaimer
DISCLAIMER This presentation includes “forward-looking statements,” within the meaning of the U.S. Securities Act of 1933, as amended and the U.S. Securities Exchange Act of 1934, as amended, or the “Exchange Act.” Forward-looking statements are not based on historical information and include, witho
Slide 3: Reasons to Invest
REASONS TO INVEST AQUIRING DRILLING AJN acquiring three highly prospective lithium licences; PR 15282 located on Diamond and Reverse Circulation Drilling completed on PR 15282; Diamond strike to the Manono pegmatites & PR’s 15383 & 15623 at Kabunda, both within drilling planned for early 2024 at Kab
Slide 4: Corporate Structure
CORPORATE STRUCTURE Capitalisation Data(1) Last 6 Months Share Price Performance(1) Share Price C$ 0.07 C$/share Volume (1000's) Basic S/O(2) M 56.9 0.20 300 Market Cap C$M 4.0 0.18 Cash C$M 0.1 250 0.16 0.14 200 Board and Management 0.12 Klaus Eckhof Chief Executive Officer & President 0.10 150 Mar
Slide 5: Board and Management
BOARD AND MANAGEMENT KLAUS MARK SHEENA ECKHOF GASSON ECKHOF DIRECTOR, PRESIDENT & CEO DIRECTOR, PRESIDENT & CFO DIRECTOR & INVESTOR RELATIONS Mr. Eckhof is a geologist with more than 30 years of Mr Gasson is a geologist with 38 years of experience and experience developing mineral deposits throughou
Slide 6: AJN Acquires Gold in Kenya
AJN ACQUIRES GOLD IN KENYA Dabel Gold Project Location • AJN can acquire 70% of the 672km2 Dabel Gold Project, Marsabit County, northern Kenya • The Dabel project lies in the Adola Gold Belt in a similar setting to the ~4.5 Moz Lega Dembi gold mine, roughly 250km to the north in Ethiopia • Dabel has
Slide 7: Dabel Gold Project
DABEL GOLD PROJECT Dabel Gold Project Location • Estimated 3,500kg of alluvial gold production for two-year period (2021 to early 2023) • Alluvial gravel fans sourced from the hillside to the south – gravels mined over a strike length of 6km • Artisanal pits and workings (Hilo mining site) identifie
Slide 8: Dabel Gold Project - Deal Terms
DABEL GOLD PROJECT - DEAL TERMS Hilo Primary Workings • AJN can acquire up to a 70% in the Dabel Gold Project on the following terms: – Issue 5,000,000 shares in the share capital of AJN on signing the agreement and to issue 19.9% of its share capital on completion of due diligence – AJN to make pay
Slide 9: State Gold Projects
STATE GOLD PROJECTS CONGO RESOURCES SAU Gold Applications in the Kilo-Moto Belt • MoU signed with Congo Ressources SAU (CRS) (State owned subsidiary) - AJN to acquire 100% interest in 21 gold exploration permits (AJN to transfer of 60% of its share capital to the State on transfer of all licences to
Slide 10: Nizi Project
NIZI PROJECT Nizi Project Area • An advanced project in a precinct host to Mongbwalu’s deposit • AJN negotiating two licence areas covering 122km2 • Located in the Ituri District of the Kilo-Moto Nizi Project Goldfields DRC, ~26.5km NNE of the regional Licences centre of Bunia • Nizi Project hosts K
Slide 11: Nizi Project (Cont)
NIZI PROJECT (CONT) Geology and Prospect Map at Nizi • Limited exploration has been conducted since 1931 • Three target areas within diorites which transgress 3km of the permit area: – King Leopold Gold Mine - Historical workings from Veins 1 & 2 (cut off grade of 10g/t Au) – Vein set 5, 6, 7 with c
Slide 12: Moku-Beverendi Project
MOKU-BEVERENDI PROJECT • An advanced project bordering on Barrick/AngloGold Location of the Moku-Beverendi Project Area Ashanti’s Kibali Gold Mine • AJN negotiating five exploitation permits covering ~1,260km2 • Similar geology to neighbouring Barrick/AngloAshanti Kibali deposits – Kibali mineral tr
Slide 13: Gada Project
GADA PROJECT Geology of the Gada Project Area • An early-stage project with 10km of artisanal workings • No systematic exploration – Belgians mined alluvial sediments historically • Artisanal workings cover 10km within the Kibali greenstones • Reconnaissance sampling reported: – Up to 1.6m at 32.1g/
Slide 14: AJN's Lithium Projects in Eastern DRC
AJN’S LITHIUM PROJECTS IN EASTERN DRC Kabunda South & Manono NE Project Areas • AJN has the option to acquire 75% interests in PR 15383 & PR 15623 (Kabunda South Project) & 70% interest in PR 15282 (Manono NE Project) • Kabunda South Project lies along the southern boundary of the broader LCT pegmat
Slide 15: Kabunda South Project
KABUNDA SOUTH PROJECT Permits PR 15383 & PR 15623 • Spodumene visually identified within pegmatites identified across the full 11km strike extent of PR 15383 & PR 15623 • Two priority target areas identified for drilling: – 1.5km of pegmatite identified in the northern permit area (widths of 50m - 2
Slide 16: Manono Northeast Project
MANONO NORTHEAST PROJECT Permit PR 15282 • Sandy overburden generally thicker than 6m on PR 15282 • Similar setting which led to the discovery of the Manono pegmatites – identified once alluvial tin mining reached deeper levels • Alluvial tin workings and pegmatitic boulders identified on PR 15282 •
Slide 17: Manono Northeast Project
MANONO NORTHEAST PROJECT Permit PR 15282 • 15 RC holes for 982m, 2 diamond holes for 282m and 83 rotary air blast (RAB) holes for 1,313m were completed PR 15282 • RC and diamond drilling tested 2km of potential extension of the Manono pegmatites at three locations. • Diamond drilling identified an 8
Slide 18: Deal Terms
DEAL TERMS • Kabunda South PR 15383 (AJN can acquire a 75% project interest) – Payment of US$130,000 – Issue of 6,000,000 common shares in the capital of AJN to MEK and/or its Nominees • Kabunda South PR 15623 (AJN can acquire a 75% project interest) – Payment of US$130,000 – Issue of 5,000,000 comm
Slide 19: Lithium Salt Wells Project
LITHIUM SALT WELLS PROJECT • AJN has an option to acquire 100% of the Salt Wells property from Great Basin Oil LLC in Nevada • Nevada has the only currently producing lithium mine in the United States • The mine, located near Silver Peak, Nevada, has produced from lithium brines since 1967 • Product
Slide 20: Thank You
THANK YOU For more information please contact: SHEENA ECKHOF DIRECTOR M: +44 7469 291 547 E: sheena@eckhofconsulting.com ajnresources.com C S E : A J N | F R A N K F U R T: 5 AT
AJN Resources — Cape Town 121 Investor Presentation (February 2025) on 6ix