AKN 0.00% 1.9¢ auking mining limited

Ann: AuKing intersects 124m of 1.03% Cu at Koongie Park, page-8

  1. 4,601 Posts.
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    “The result from hole AOWB003 exceeded all expectations – 124m of continuous 1% copper, zinc and lead mineralisation; high grade intervals of silver and molybdenum near bottom, with the existing hole ending in significant mineralisation"

    Meanwhile hidden up the back of the announcement is.......
    "The reported water bore (AOWB003) is a vertical drill hole and thus less suitably orientated with respect to the mineralisation but nevertheless provides valuable detail on the weathering profile and continuity of mineralisation in that dimension."
    and.....
    "The orientation of the drillholes is generally orthogonal to the strike of mineralisation and limits the amount of bias in drill sampling as much as
    possible. It is acknowledged that the vertical water bore is atypical in this regard."


    Looks to me like they have turned a vertical water bore into directors' special down the guts of the deposit. The rest of the holes are just repeats of previous holes. They haven't added any meat on the bone IMO.

 
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