Our Projects

Other Projects

Lithium Salt Wells Project

AJN has an option to acquire 100% of the Salt Wells Lithium Salt Wells Project 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
  • Production costs are low relative to production from hard rock
  • The acquisition is subject to a 4.5% Net Smelter Return to Great Basin and or it’s assignees; AJN can purchase 1.5% within 90 days of the Property going into production
  • The rise in lithium prices and discovery of highly anomalous lithium values at surface by Great Basin Oil has led to the option of the Salt Wells project by AJN

State Projects

AJN has signed an MoU with Congo Ressources SAU (CRS) (State owned subsidiary) in which AJN can acquire 100% interest in 21 gold exploration permits and one lithium permit on the following terms:

  • At closing AJN will issue 60% of the issued and outstanding share capital of AJN to the State post a minimum capital raise (quantum to be determined)
  • Closing is subject to transfer of ALL licences to CRS and receipt of all regulatory approvals (including the Canadian Securities Exchange (CSE)