AuKing Mining fires starting gun on uranium exploration in Tanzania
August 30, 2023 at 11:51 am EDT
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AuKing Mining Ltd (ASX:AKN) CEO Paul Williams tells Proactive the company has kicked off its planned exploration at the Mkuju Uranium Project in southern Tanzania. The initial 3,000-metre drilling and associated soil sampling program will target parts of a large radiometric anomalous zone adjacent to the world-class Russian-owned Nyota Uranium Project. AuKing holds six contiguous prospecting licences (PLs) and one near-granted PL application covering 730 square kilometres in the Mkuju region, about 470 kilometres southwest of Dar es Salaam.
“We are pleased to finally be conducting our initial exploration program at Mkuju,” Williams said.
“Due to its proximity to the world-class Nyota Uranium Project and based on historical exploration on our ground, we have high expectations for strong results from this program – thereby establishing Mkuju as a significant extension of the already known Nyota uranium resources.
“Our initial focus will be around near-surface soil sampling and auger drilling and pending results from these initial activities, go back in with deeper RC drilling later in the year.”
Contact Details
Proactive Investors
Jonathan Jackson
+61 413 713 744
Jonathan@proactiveinvestors.com
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Copyright (c) 2023 TheNewswire - All rights reserved., source Press Releases
AuKing Mining Limited is an Australia-based mining exploration company focused on uranium, copper and zinc projects in both Tanzania and Australia. The Company has six projects in Tanzania, four of which are prospective for uranium (Manyoni, Mkuju, Itigi and Magaga) and the other two are prospective for copper (Mpanda and Karema). The Manyoni/Itigi project is situated nearby the central Tanzanian city of Dodoma and on the railway line that runs to the port city of Dar es Salaam. The Mkuju project is situated in southern Tanzania. The Mpanda/Karema project is a prospective copper area in western Tanzania that was the subject of historic mining operations but largely untouched by modern exploration methods. The Company holds the Koongie Park Copper Zinc Project in Western Australia's Halls Creek Region, which hosts a Joint Ore Reserves Committee resource and is neighbored by several significant mining and development operations, including Nicholson's Gold Mine and Savannah Nickel Mine.
AUKING MINING LIMITED 
