- AuKing Mining (AKN) intersects further high-grade assays from the Onedin deposit within the Koongie Park Project in the Halls Creek Mobile Belt in Western Australia
- Between November and December 2021, seven diamond holes were drilled at Onedin as part of the metallurgical testwork program
- Results have been received for a further three holes with grades peaking at 3.07 per cent copper, 10.17 per cent zinc, 6.66 per cent lead, 908g/t silver and 569ppm molybdenum
- Once all results have been received, the drill core samples will be formed into composite samples for the metallurgical testwork program
- AuKing is up 7.14 per cent on the market with shares trading at 21.5 cents
AuKing Mining (AKN) has intersected further high-grade assays from the Onedin deposit within the Koongie Park Project in the Halls Creek Mobile Belt in Western Australia.
Between November and December 2021, seven diamond holes, for 1433 metres, were drilled at Onedin as part of the metallurgical testwork program.
Results have been received for a further three holes, AORD001, AORD002 and AORD003, and added onto the results from hole AORD004 which was reported a few days ago.
Overall, grades peaked at 3.07 per cent copper, 10.17 per cent zinc, 6.66 per cent lead, 908 grams per tonne (g/t) silver and 569 parts per million (ppm) molybdenum.
Additionally, results from hole AORD003 confirm a significant high-grade deposit.
Results have now been received for four holes with the remaining three to be reported on shortly.
Once results from all seven holes have been received, the drill core samples will be formed into composite samples for the purpose of the proposed metallurgical testwork program scheduled to begin this month.
“We are excited to report more exceptional results from the drilling undertaken at Onedin late last year,” CEO Paul Williams commented.
“The results from these latest three holes highlight the continuity of high-grade copper, zinc, lead, silver and molybdenum across the Onedin deposit.
“There are even compelling near-surface assays of gold that have been intersected in hole AORD003 in the southern end of the deposit.”
AuKing was up 2.38 per cent on the market, with shares trading at 21.5 cents at 11:50 am AEDT.