Aranjin Resources Ltd. announced that it has recently completed analysis of auger geochemical and ground geophysical data across the Victory gabbro intrusive at the Victory Nickel Copper Discovery in Mongolia. This has highlighted numerous targets for follow-up in 2024. A very strong correlation in auger geochemistry where copper and nickel are separately both above 100ppm and are situated directly on a defined ground magnetic low in the center of the Victory intrusive.

This has defined a clear high priority drill target for the Company. Drill target area is approximately 400m x 400m and is circular in shape. A total of six 200m deep diamond core drill holes have been planned to test the target across two east west drill traverses with three drill holes per line.

Drilling is set to commence on completion of the dual listing on the ASX and a drilling contractor has been booked for the first half of 2024. Additional auger geochemistry has been planned across the Victory gabbro intrusion and elsewhere on the Victory licence where multiple other nickel copper targets have been identified by the Company. The Company has recently completed analysis of previously concluded auger geochemistry and ground geophysical surveys.

This has identified a high-quality priority drill target that is planned to be drill tested on completion of the ASX listing in the first half of 2024.