Announcement Date: 2021-11-30
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: AuKing Mining Ltd.
Project name: Koongie Park
Location: Australia
Commodities: Silver,Copper,Zinc,Cobalt
Highlight: Drilling results incl. 11m @ 2.96% Cu, 0.8% Zn, 4g/t Ag, 342ppm Co from 395m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: AuKing Mining Limited (“AKN” or “the Company”) is pleased to advise that it has received further assay results from three (3) drill holes as part of the initial drilling program at Koongie Park. These holes were a combination of a shallow reverse circulation (RC) water bore drill hole (ASWB001) and two deep diamond drill holes (ASRD004 and 005) at Sandiego. Figure 1 below shows these hole locations but also the largely untested 700m target zone to be delineated between the main area of drilling at Sandiego and the new discovery at ASWB001. This drill hole is located over 700m north of the known mineralised zone at Sandiego, an area where prior drilling activities have not previously identified significant copper or other metals. In addition, as a water bore hole, drilling was terminated at 102m where good flow rates were achieved – highlighting the possibility of further copper mineralisation at depth.
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