AuKing Mining (ASX: AKN) has revealed positive results from ongoing drilling at its Koongie Park project in Western Australia, with a shallow, ore-grade copper discovery unearthed 700m north of the project’s Sandiego deposit.
Results from water bore drill hole ASWB001 provided highlight hits including: 5m @ 1.37% Cu from 50m and 2m @ 1.71% Cu from 85m. Drilling was terminated at 102m, providing potential for further copper mineralisation at depth.
The company notes that this hole also creates an opportunity for the mostly-untested target zone to be delineated between the primary drilling area at Sandiego and the new discovery.
“The discovery of near- surface copper mineralisation north of the known mineralised zone at Sandiego is an exciting development for AKN”
Deep drilling at Sandiego via a pair or diamond holes produced additional results, extending mineralisation at depth. Key grades include 11m @ 2.96% Cu, 0.89% Zn, 4g/t Ag & 342ppm Co from 395m including 4.35m @ 6.09% Cu, 0.68% Zn, 9g/t Ag & 491ppm Co from 401m from ASRD004, and 13.1m @ 2.45% Cu, 0.06% Zn, 4g/t Ag and 302ppm Co from 455m including 8.7m @ 2.96% Cu, 0.08% Zn, 5g/t Ag and 405ppm Co from 455m from ASRD005.
These results also confirmed that Sandiego remains open to the north and at depth, providing an ‘obvious’ target area for follow-up work.
Speaking on the results, AuKing Mining CEO Paul Williams said: “The discovery of near- surface copper mineralisation north of the known mineralised zone at Sandiego is an exciting development for AKN.
Combined with further high-grade copper intersections from the latest deep drill holes, the Company is clearly providing the basis to extend the existing known resources at the Sandiego deposit.
“More generally, we continue to make good progress with the drilling program at Koongie Park and look forward to providing further assay results in December.”
The company reports that it has progressed through 5,670m of drilling to date as part of its current Koongie Park program, with focus now on extraction of diamond core samples from a series of holes at the project’s Onedin mineralised zone. These samples are expected to be submitted for metallurgical testwork before the end of 2021, with drilling continuing through until mid-December.
Images: AuKing Mining Limited
