More copper at Emull - resource update pending.

This morning our exploration Investment Auking Mining (ASX: AKN) put out more assay results from its drilling program at its Emull prospect.

The assays confirmed more of the same - copper mineralisation with grades starting at 0.3% to 1.23% with the thickest interval measuring ~41m.

This round of drilling by AKN was largely designed to try and supplement all of the existing knowledge AKN had of its project.

The ultimate aim is to infill previous drilling results and get enough data to put out a maiden JORC resource estimate for the Emull prospect.

AKN confirmed that an initial resource estimate would be completed by the end of this year.

AKN’s Emull prospect sits outside of its current 8.9mt JORC resource, and so a resource at Emull would increase AKN’s overall JORC resource at its Koongie Park project.

Below is an image showing where the Emull prospect sits relative to AKN’s two other projects where it already has JORC resources defined.

The new holes drilled are highlighted in the image from today’s announcement.

What’s next for AKN:

AKN recently announced that it would be acquiring uranium projects in Tanzania.

We are now watching to see the company complete that acquisition.

🔲 Complete due diligence on the transaction

🔲 Complete the acquisition

🔲 Start fieldwork sampling, review existing data

At its WA copper-zinc project (Koongie Park) we want to see AKN do the following:

🔲 Revised JORC resource incorporating Emull prospect

🔲 Further resource definition drilling at Emull prospect

🔲 Drilling of two anomalies at Emull prospect

🔲 Metwork progress for Onedin prospect