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AJN Resources Inc.
Summary
| Project: | Salt Wells | |
|---|---|---|
| Deposit: | Salt Wells | |
| Location: | United States | |
| Commodities: | Lithium-Magnesium-Sodium | |
| Date: | 1/23/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 23-1-2018: AJN Resources Inc. announces an Exploration/Drilling Update report for its Salt Wells deposit at the Salt Wells project. Technical report of the property. Pyral Consulting (“the Consultants” or “Pyral”) was retained by AJN Resources Inc. (“AJN” | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Case Lewis (Pyral Consulting) | |
| ABSTRACT: | Pyral Consulting (“the Consultants” or “Pyral”) was retained by AJN Resources Inc. (“AJN” or the “Company”) to prepare a Technical Report (the “Report”) on the Salt Wells Property (the “Property”) located in Nevada, USA. Case Lewis, P.Geo. (the “Author”) is responsible for the contents of this Report. Mr. Lewis visited the Property on May 28, 2017. In completing the Report, the Author held discussions with management and reviewed historical data pertaining to the Property. The author is a “Qualified Person” who is “independent” of AJN Resources Inc. within the meaning of National Instrument 43-101 Standards of Disclosure for Mineral Projects ("NI 43-101"). The purpose of this report is to summarize work carried out on the Property to be used by AJN Resources Inc. in connection with its listing on the Canadian Securities Exchange (CSE). The Salt Wells Property is located in Churchill County, Nevada, 22 kilometres southeast, by road, of the city of Fallon, Nevada. Salt Wells is located within the Basin and Range Province in westcentral Nevada is presumed to be an internally drained, fault bounded and closed basin. The basin covers approximately 110 square kilometres, measuring 19 kilometres long in a northwest direction and averages approximately 6 kilometres in width. The Property hosts a lithium brine prospect which has been subject to minimal exploration until recently. This prospect is located across the Eight-Mile and Four-Mile Flats in the Salt Wells Basin. Lithium brine deposits are accumulations of saline groundwater that are enriched in dissolved lithium. Large deposits are mined in the Salar de Atacama, Chile (SQM and Albemarle), Salar de Hombre Muerto, Argentina (FMC) and Clayton Valley, Nevada (Albemarle), the only North American producer. | |
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