AuKing Mining begins drilling at Koongie Park Copper-Zinc Project
“These results are also expected to establish the platform for an updated JORC resource before the end of the year,” says CEO.
Company
ASX:AKN
AuKing Mining Ltd is a resource exploration and development company seeking to become a mid-tier copper, uranium and other base and precious metals producer. The company's primary activity involves developing the Koongie Park copper/zinc project in north-eastern Western Australia and the suite of uranium licences in Tanzania, Africa.
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“These results are also expected to establish the platform for an updated JORC resource before the end of the year,” says CEO.
Buoyed by the success of a recent $7 million public offer, the company has been able to maximise the extent of the proposed drilling program.
The company is elated with strong support from a range of new investors that helped facilitate reinstatement to the ASX and provides financial flexibility to progress an active work schedule at Koongie Park Copper-Zinc Project.
The resource exploration and development company also plans to undertake a $6 million capital raising exercise to fund the earn-in and reconstitute its board of directors.
La Dura sits in the highly mineralised Sierra Madre Occidental in Mexico.
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