AuKing Mining encouraged by observations from aircore drilling at Itigi Uranium Project

Aircore drilling rig at Itigi in Tanzania. AuKing Mining Ltd (ASX:AKN) is encouraged by preliminary XRF analysis of samples from an aircore drilling program at the Itigi Uranium Project in central Tanzania that indicates anomalous uranium mineralisation.

A total of 925 metres of aircore drilling has been completed across 63 holes to a maximum depth of 15 metres below surface with a further 1,300 metres planned.

The initial XRF analysis has indicated anomalous uranium mineralisation across several of the completed holes, up to a maximum reading of 338ppm U3O8. Awaiting assays

Samples are being prepared for laboratory analysis and AuKing is awaiting assay results with the hope that they confirm the preliminary analysis. Assay results are expected within 8-10 weeks.AuKing’s CEO Paul Williams said that initial results from drilling at Itigi were encouraging and provided the basis for more formal assays to be received within the next couple of months.“We are […]

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