AuKing Mining Ltd (ASX:AKN) has launched a 2,000-metre drilling expedition at its Itigi Uranium Project in central Tanzania thanks to a newly minted prospecting licence from the country’s Mining Commission.
The explorer will set the drill bit spinning on a considerable radiometric anomaly — spanning 40 kilometres by 10 kilometres — in a bid to put fresh numbers to uranium encountered across more than 400 historical exploration pits.
AuKing CEO Paul Williams is optimistic Itigi’s potential could significantly augment the uranium resources at the flagship Manyoni Project, about 80 kilometres east of Itigi.
“Our exploration team recently acquired a substantial amount of historical data from earlier activities at Itigi – none of which has been made publicly available,” he said of the program’s impetus.“We will also carry out some preliminary XRF measurements on these pits and use that as the basis for assessing samples to be sent for assay.” Itigi and Manyoni […]
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