AuKing Mining Ltd (ASX:AKN) CEO Paul Williams joins Proactive’s Jonathan Jackson to discuss the work being done at the Mkuju Uranium Project in southern Tanzania. An extensive phase-2 drilling program is being planned, encompassing 75 holes and spanning 11,000 metres through aircore and reverse circulation techniques. The program follows a phase-1 program, where it identified several key target areas for the proposed drilling, which is set to start in late May, following the end of the wet season. The program aims to further explore and expand on the significant uranium mineralisation areas discovered during the initial stage of activities. Williams explains the company has put out a tender, required under Tanzanian law, to be called from drilling service companies. He also discusses the broader plans of the company across its diversified gold, copper and uranium portfolio.
“The work we carried out last year in the Stage 1 program identified several key target areas for the proposed drilling,” Williams said. “Under local content rules in Tanzania a tender is required to be called from drilling service companies and that process has now commenced.”
Contact Details
Proactive Investors
Jonathan Jackson
+61 413 713 744
Jonathan@proactiveinvestors.com
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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.