Key outcomes from the program include:
Spodumene within pegmatites visually identified across the full 7km strike extent of the permit. Assay results from sampling expected in August.
Steeply dipping pegmatites mineralized in spodumene were identified over widths of between 50m to 200m over a strike extent of 1.5kms in the northern area of the permit. This area prioritized for follow up pitting and drilling.
Follow up pitting is in progress and the Company is aiming to mobilise drill rigs and commence drilling late Q3 / early Q4 2023.
Pitting will also target identification of additional pegmatites under cover in the southern area.
Mr.
The Company has recently completed a reconnaissance mapping and sampling programme at the Project, being the first modern exploration work undertaken in the area. Surface mapping has identified the northern 1.5km to be the most prospective based on extent of exposed pegmatites with visible spodumene at surface.
The most significant pegmatite exposures with spodumene mineralisation were identified in the northern 1.5km of the licence area. The main pegmatite body has intruded granites and is exposed over 200m width at its northern extent and over 50m in the southern portion of the priority target area. Additional, narrower parallel pegmatite veins with spodumene were identified to the west and east of the main pegmatite zone and will be followed up with future exploration.
The Company intends to conduct a short drilling programme over the northern priority area within the coming 3 - 4 months when a lower rainfall is expected in the region.
About
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
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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 forward-looking 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
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