Mr. Klaus Eckhof reports

AJN RESOURCES INC. PROVIDES AN UPDATE ON THE OKOTE GOLD PROJECT IN THE ADOLA GOLD BELT OF THE RENOWNED ARABIAN-NUBIAN SHIELD IN OROMIA STATE, SOUTHERN ETHIOPIA

Fieldwork, including mapping and sampling, has commenced on AJN Resources Inc.'s Okote gold project, which is located within 100 kilometres (km) of the 4.5-million-ounce (oz) Lega Dembi gold mine, the largest gold producer in Ethiopia. A total of 600 samples were collected from various trenches excavated for structural information in the previously drilled area, as well as from trenches across new artisanal workings located to the east and north of the area. These samples were sent to ALS Global's laboratory in Addis Ababa for sample preparation and subsequent analysis in Ireland. Godu General Trading S.C., the owner of the Okote licence, has made all introductions to the local government and has been assured of full support in developing the Okote project. The company has also engaged Mining and Drill Systems (MDS) of South Africa to conduct a minimum of 1,500 metres (m) of diamond drilling as per the agreement signed with Godu. MDS is scheduled to mobilize on Sept. 22, 2025, and expects to be on site within three weeks.

Highlights:

• Mapping and sampling of all new artisanal workings, which cover 3,000 m by 500 m, are continuing to identify priority areas for the 1,500 m due diligence diamond drilling program;
• 600 trench and grab samples submitted to ALS Global for analysis;
• Logging of historical drill core stored in Addis Ababa completed;
• All newly acquired data will be incorporated into the database to optimize planning of the 1,500 m due diligence drilling program;
• In-house resource work is continuing.

Chief executive officer and president Klaus Eckhof commented: "We are extremely pleased to have boots on the ground now that all political formalities have been cleared and our due diligence work is ongoing on the Okote gold project. Our experienced geological team will be focusing on mapping and sampling the extensive artisanal workings exposed over three km, where there has been no previous exploration. We eagerly await results from trench and grab samples, which cover three km of untested artisanal workings to the east of the area that has been drilled. We now have a month to map and sample all exposures, including the area which has been covered by drilling, and work out the optimum drilling program to ensure that results support continuation of the Okote gold project."

Five hundred forty-nine channel samples were collected from 18 trenches (green squares) and 62 grab samples (black triangles) were collected from mineralized exposures in artisanal workings. The majority of trenches and rock chip samples covered the eastern portion, which has not been drilled and covers a potential strike length of three km. All samples have been submitted for sample preparation at ALS Global in Addis Ababa and analysis at the accredited ALS laboratory in Ireland.

Geology of the Okote gold project

Mineralization at Okote is typically within quartz vein and stringer systems associated with pyrite stringers and disseminated pyrite. These vein systems are hosted within broad north-south-to-north-northeast-south-southwest-trending shear zones that dip steeply to the west and exceed 50 m in width. Mineralized shears have also been identified in areas of strong contrast in rock competence identified along the contact zones between intrusives and schist units.

Small intrusive bodies of diorite, gabbro and granite sills are also important features with potential to host significant mineralization.

QP (qualified person) statement

Dylan le Roux (BSc honours) is an independent consultant of AJN Resources and a qualified geologist. Mr. le Roux is a registered professional natural scientist (geological science) with the South African Council for Natural Scientific Professions (SACNASP registration No. 155814). Mr. le Roux is a qualified person (QP) under National Instrument 43-101, and has reviewed and approved the scientific and technical information contained in this news release.

About AJN Resources Inc.

AJN is a junior exploration company. AJN's management and directors possess over 75 years of collective industry experience, and have been very successful in the areas of exploration, financing and developing major mines throughout the world, with a focus on Africa, especially the Democratic Republic of the Congo.

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