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AuKing Mining Identifies New Exploration Targets at Myoff Creek and Advances Cloncurry Gold Acquisition

Story Highlights
  • AuKing Mining confirms carbonatite mineralization and potential extensions at Myoff Creek.
  • The company is acquiring full ownership of the Cloncurry Gold Project, simplifying operations.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
AuKing Mining Identifies New Exploration Targets at Myoff Creek and Advances Cloncurry Gold Acquisition

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AuKing Mining Ltd ( (AU:AKN) ) just unveiled an announcement.

AuKing Mining Limited has announced preliminary findings from a recent aeromagnetic and radiometric survey at its Myoff Creek niobium/REE project in British Columbia. The survey confirmed existing carbonatite mineralization and identified potential extensions, creating new exploration targets. Additionally, the company is progressing with the acquisition of the Cloncurry Gold Project, aiming for full ownership by late October 2025, which could simplify its operations and enhance its market position.

More about AuKing Mining Ltd

AuKing Mining Limited operates in the mining industry, focusing on the exploration and development of niobium and rare earth elements (REEs). The company is involved in projects such as the Myoff Creek niobium/REE project in British Columbia, Canada, and is in the process of acquiring the Cloncurry Gold Project.

Technical Sentiment Signal: Sell

Current Market Cap: A$4.9M

For an in-depth examination of AKN stock, go to TipRanks’ Overview page.

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