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Aranjin Resources (TSXV:ARJN) announces the Victory Copper Nickel Discovery

Mining
TSXV:ARJN
25 August 2022 09:30 (EDT)

Source: Aranjin Resources Ltd.

Aranjin Resources (ARJN) has completed a program at the Baavhai Uul Copper Project and made a significant copper nickel discovery at the “Victory Copper Nickel Discovery”.

The company has successfully completed an initial program of six-metre-deep auger geochemical drill holes with samples collected on a one metre basis down hole.

A total of 814 auger geochemical drill holes were completed with results showing a large copper nickel geochemical discovery at Victory.

Results yielded up to 1,252ppm copper and 494ppm nickel in weathered gabbroic clays.

The copper nickel anomaly at Victory remains open and extensional auger geochemical drilling will soon commence.

Ground magnetic geophysics has now been completed across Victory and other copper nickel anomalies on the project.

Copper Nickel geochemical results at the Victory Discovery. Source: Aranjin Resources Ltd.

This has opened the door to the possibility of a new copper nickel province with more than 25 copper nickel anomalies highlighted in auger geochemistry and ground magnetics across the project.

Aranjin Resources’ CEO and Director, Ali Haji said that these early results at the Victory Discovery indicate highly anomalous copper nickel geochemistry across a huge area.

“The scale seen at Victory and the over 25 other copper nickel anomalies on the Project is extremely exciting and we will be pushing our exploration efforts harder to better understand this significant find.”

Aranjin Resources Ltd is engaged in the exploration and development of mineral properties in Mongolia.

Aranjin Resources Ltd. (ARJN) opened trading at C$0.025 per share.

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