Aranjin Resources Ltd. is very pleased to announce that it has commenced an extensive program of follow up auger geochemical drilling at the new Baavhai Uul Copper Nickel Discovery, further to the recently announced reciprocal exploration agreement with ION Energy. Highlights Exploration programs underway with follow up auger geochemical drilling [...]
Aranjin Resources Ltd. is very pleased to announce that the TSX Venture Exchange has approved the previously announced agreement between ION Energy Ltd. and Aranjin whereby the parties granted one another reciprocal exploration rights on their respective exploration licences within Mongolia. Both ION and Aranjin will leverage one another's [...]
Aranjin Resources Ltd. is very pleased to announce that it has have entered into a term sheet agreement which sets out the terms for an exploration joint venture with ION Energy Ltd . The Joint Venture will consist of both Parties granting one another reciprocal exploration rights on their respective exploration licences within Mongolia. Both ION [...]
Aranjin Resources Ltd. is very pleased to announce results from the recent drilling at the Sharga Copper Project . Highlights: First drilling program completed with results now received for all drill holes and Phase 2 follow up drilling planned. Highly encouraging early results from six initial drill holes with a best result of 15.4 meters at 1.33 [...]
Aranjin Resources Ltd. is pleased to announce the closing of the acquisition of the Sharga Copper Project . The Company has acquired the Project through the purchase of all of the issued and outstanding equity interests in the Mongolian company that is the 100% owner of the Sharga Project. As consideration for the acquisition, the Company paid a [...]
Aranjin Resources Ltd. announces that it has closed, in escrow, its previously announced US$1.5 million unsecured convertible debenture financing to be used to fund the cash portion of the acquisition consideration for the purchase of the Sharga Copper Project in Mongolia. The debenture has a term of 12 months and bears interest at a rate of 15 [...]
Aranjin Resources Ltd is pleased to provide an update on its proposed acquisition of the highly prospective Sharga Copper Project previously announced by the Company on May 19, 2021. The completion of the acquisition remains on track. The Company has received conditional approval of the acquisition from the TSXV and is in the process of satisfying [...]
Aranjin Resources Ltd. is pleased to announce the exercise of an aggregate of 26,441,666 outstanding common share purchase warrants issued as part of the private placement financing completed in two tranches on June 10 and July 3, 2020. The exercises made to date have resulted in aggregate proceeds to date of $1,322,083. Other holders of warrants [...]
Aranjin Resources Ltd. is pleased to announce that it has entered into an agreement to acquire the highly prospective Sharga Copper Project . The Sharga Project is located in the Gobi Altai region of Mongolia near the Chinese border and is comprised of one Mineral Exploration Licence covering over 9,000 hectares. The Sharga Project is located in [...]
Aranjin Resources Ltd. is pleased to announce the commencement of drilling program at its Bayan Undur project. Over $10m worth of historical drilling and associated analysis at the BU project has now been reviewed. As a result of this analysis, the Company plans to start with one deep hole at a highly targeted area of the BU project in April 2021 [...]
Aranjin Resources Ltd. is pleased to announce that it has now completed the previously announced acquisition of four mining licenses comprising the Bayan Undur project located in Bayankhongor province, Mongolia. The Company acquired all of the shares of BK Mining LLC , which is the indirect 100% owner of the BU project, for nominal cash [...]
Aranjin Resources Ltd. announces that the board of directors of the Company has approved the grant of 9,750,000 stock options to certain directors, officers, employees and consultants pursuant to the Corporation's Stock Option Plan. The options vest on the date of grant, expire two years from the date of grant and are exercisable at a price of [...]
