Klaus Eckhof, CEO of AJN Resources Inc., joined Stephen Gunnion of Proactive to discuss the company’s agreement to purchase up to 70% of the Dabel gold mine located in northern Kenya. Eckhof emphasized the region’s untapped potential, citing the artisanal mining activity and wide strike length of the minerals. Since no previous exploration or drilling has taken place at the Dabel gold deposit, we believe that 4 or 5 or 6,000,000 ounces should be the target there. The favorable mining policies of the recently elected Kenyan government created a favorable atmosphere for AJN Resources to investigate and capitalize on this unexplored find.
Eckhof emphasised the benefits in terms of logistics, saying that 500 km is equivalent to five hours rather than five months. In addition, he stated that in order to determine the project’s large-scale potential, the business has already scheduled four drill rigs for early November. The CEO went on to clarify that AJN Resources will proceed with further resource assessments and payment in cash in accordance with the agreement if the first outcomes meet their expectations.
