AKN 10.0% 1.8¢ auking mining limited

1 Auking Mining Limited Suite 2208, Level 22 127 Creek Street...

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    Auking Mining Limited
    Suite 2208, Level 22
    127 Creek Street
    Brisbane Queensland 4000
    ASX:AKN
    ABN 29 070 859 522
    Phone 07 3535 1208
    www.aukingmining.com
    31 January 2024
    ASX RELEASE
    Significant increase in uranium assay results from Mkuju
    Highlights
    • Laboratory assay results have now been received from the initial exploration
    program at the Mkuju Uranium Project, in southern Tanzania. Results from
    recent rock chip, soil sampling and auger drilling are mostly significantly higher
    than previously reported pXRF readings.
    • Highlighted assay results include:
    Auger drilling
    MKAU23_020 3m @ 1,273ppm U3 O 8 incl 1m @ 3,350ppm U3 O 8
    MKAU23_045 3m @ 250ppm U3 O 8 incl 1m @ 410ppm U3 O 8
    Soil samples Rock chip samples
    MKSS006 510ppm U3 O 8 MKRS011 2,250ppm
    MKSS016 8,800ppm U3 O 8 MKRS012 800ppm U3 O 8
    MKSS052 960ppm U3 O 8
    AuKing Mining Limited (ASX: AKN) has now received laboratory assay results from its
    initial exploration program and these results are significantly higher than previously
    reported pXRF field readings.
    AuKing’s CEO, Mr Paul Williams, said Mkuju continues to emerge as a possible major
    extension of the world class nearby Nyota Uranium Project that was sold by previous owner
    Mantra Resources in 2011 for $1.16Bn.
 
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