AuKing Mining fires starting gun on uranium exploration in Tanzania

–News Direct–

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

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