(NewsDirect)
AJN Resources president and CEO KlausEckhof joined Proactive's Stephen Gunnion with details of abinding term sheet to acquire a 75% indirect interest in explorationpermit PR 15623 in the Manono region of the Tanganyika Province in theDRC.
The agreement will potentiallyextend the strike of observed lithium-bearing pegmatites on theneighbouring license, in which AJN also has a stake. Eckhof said thecompany is gearing up to strengthen its footprint by acquiring morelithium ground in the region. The focus remains on pegmatites,specifically in areas known to contain lithium.
He elaborated that AJN's newacquisition primarily targets the pegmatites known for their lithiumcontent. Following the trend of the well-known Manono project, the newlicense is part of the parallel Manolo trend, which sharescharacteristics with Manono's pegmatites, rich in lithium andcesium.
AJN is optimistic about obtaining results swiftly. Overthe past months, AJN has done extensive preparatory work, from rockchip sampling to trenching, and is poised to initiate drillingoperations within the next two to three weeks. Eckhof said investorsshould watch out for imminent drilling commencement, with preliminaryresults expected by year's end.
ContactDetails
Proactive United States
+1347-449-0879
Copyright (c) 2023 TheNewswire - All rights reserved.