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⏯️ Drilling update at flagship base metals project

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Published 13-JUL-2022 12:00 P.M.

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Earlier today, our junior base metals investment AuKing Mining (ASX:AKN) provided an update on drilling progress at its flagship Koongie Park project in the Halls Creek region of WA.

The current drilling campaign aims to expand the resource base at Koongie Park. This follows last year’s drilling campaign that led to a 30% increase in resources to 8.9Mt (from 6.8 Mt), containing 1.01% copper, 3.67% zinc, 0.77% lead, 0.16g/t gold, and 26g/t silver.

4,334m of RC (reverse circulation) drilling has now been completed, primarily at the Onedin South prospect. 1600m of diamond drilling will now follow, which will target strong conductive anomalies offset from known mineralisation at the project’s two primary deposits, Onedin and Sandiego.

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We anticipate first assay results sometime in late July/ early August.