AuKing Mining Ltd (ASX:AKN) has confirmed more zones of high-grade copper mineralisation occur at the Koongie Park Project in Western Australia’s Halls Creek region, having completed 7,438 metres of reverse circulation (RC) drilling on the tenure.
The company unearthed copper in drill core both to the north of the Sandiego prospect – near a water bore hole (ASWB001) to the north and also in the deeper sulphide zones beneath the target area.
Highlight assays include:
- 6 metres at 1.02% copper from 81 metres, 10 metres at 0.49% from 93 metres and 2 metres at 0.68% from 136 metres; and
- 1.75 metres at 2.93% copper, 8 g/t silver, 121 parts per million (ppm) cobalt and 950 ppm molybdenum from 513 metres.
“Very encouraging news”
“These latest results from the drilling program at Koongie Park include very encouraging news around Sandiego North and the deeper zones at Sandiego,” AuKing Mining CEO Paul Williams said.
“These results provide a basis to significantly extend the existing resources at the Sandiego deposit.
“In addition, while it was disappointing those downhole electromagnetic (EM) anomalies revealed no significant mineralisation, AuKing’s exploration team pressed on to greater depths and identified copper sulphides at Sandiego.”
AuKing is still awaiting assays from drilling recently completed at the Emull deposit, which the company expects to announce shortly.