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- Agreement signed to carry out a minimum 5,500m drilling program at Tundulu
- Technical expertise strengthened with seasoned Malawi carbonatite specialists engaged
- Documents for the transfer of the Tundulu exploration licence lodged
- Results from recent airborne magnetics and LIDAR survey processed
AuKing Mining (ASX: AKN) has signed a drilling services contract ahead of its proposed drilling program at Tundulu which is aimed to commence in mid-May 2026 in Malawi.
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The drilling services agreement with well-known local contractor Thompson Resources makes provision for a minimum 5,500m of combined reverse circulation (RC) and diamond drilling at Tundulu across a planned 25 drill hole targets.
Provision is also included for the drilling program to be significantly extended. Under the drilling contract, Thompsons plan to mobilise an RC rig by middle of May and follow up with a separate diamond drilling rig in early June.
MD, Paul Williams, said Auking’s drilling program comprises a focused combination of RC and diamond drilling to test extensions, structural controls and depth continuity of REE mineralisation across the Tundulu project.
At Nathace Hill, priority P1 holes will target southwest extensions and the extension of a southern corridor, including step-outs, infill and three twin holes to validate historical results and extend mineralisation along strike and at depth.
At Tundulu Hill angled and vertical fence holes from the eastern and western flanks will test interpreted intrusive geometry and potential high-grade REE zones beneath high grade historic rock chip and shallow drilling results.
Additional RC scout drilling will evaluate satellite targets associated with high-grade surface geochemistry at Kamilala Hill. The program includes contingency holes to enable rapid follow-up and flexibility to refine based on results and any unforeseen obstacles.
AuKing has just completed an initial airborne magnetics and LIDAR survey across a significant area of the Tundulu project area, covering the whole five km in diameter carbonatite intrusive complex which includes the historically drilled Nathace Hill and the other interpreted carbonatites on similar topographic highs: Makhanga Hill, Namuka Hill, Ichigwakalu Hill and Tundulu Hill.
AKN is down 13.5% to 2.3c. Mkt cap $44.47M.
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