AKN
AuKing Mining at Sandiego within Koongie Park. Source: AuKing Mining
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  • AuKing Mining (ASX:AKN) has released copper assay results from its Western Australian Sandiago deposit within Koongie Park
  • The company discovered near-surface copper mineralisation 700 metres north of the known Sandiego deposit
  • Results from this site’s drill program included five metres at 1.37 per cent of copper from 50 metres and two metres at 1.71 per cent copper from 85 metres
  • The reverse circulation and diamond drilling program will continue into mid-December with the remaining assay results pending before the end of the year
  • AuKing shares have fallen 3.13 per cent at the end of Tuesday’s session to 15.5 cents

AuKing Mining (AKN) has released copper assay results from its Western Australian Sandiago deposit within Koongie Park.

The company discovered near-surface copper mineralisation 700 metres north of the known Sandiego deposit.

Results from this target’s shallow reverse circulation program included five metres at 1.37 per cent of copper from 50 metres and two metres at 1.71 per cent copper from 85 metres.

According to the announcement, the presence of copper mineralisation further away may encourage exploration to fill the gap.

In addition, results were also released for the drilling conducted at the Sandiago deposit.

These best results included 11 metres at 2.96 per cent copper, 0.89 per cent zinc, four grams per tonne (g/t) of silver and 342 parts per million of cobalt from 395 metres.

The reverse circulation and diamond drilling program will continue into mid-December with the remaining assay results pending before the end of the year.

“The discovery of near-surface copper mineralisation north of the known mineralised zone at Sandiego is an exciting development for AKN,” CEO Paul Williams said.

“Combined with further high-grade copper intersections from the latest deep drill holes, the company is clearly providing the basis to extend the existing known resources at the Sandiego deposit.”

AuKing shares have fallen 3.13 per cent at the end of Tuesday’s session to 15.5 cents.

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