AKN 0.00% 0.5¢ auking mining limited

Ann: Drilling to Commence at La Dura Project, page-2

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  1. 129 Posts.
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    Spent the last couple of months accumulating stock and doing some DD and in IMO, this looks like a pretty darn good play....

    I have also been in touch with management regarding this announcement and the current project status....  and because I'm a team player, I'll share the love with you.

    Key points:
    - Contractual Agreements with G4 Drilling have been signed.
    - Final Environmental Drilling Permit is waiting approval but is no issue as initial drilling will be conducted on private land, where access tracks are well established.
    - Drilling will commence in the next day or so. G4 was held up due to rig maintenance and servicing  - this was very important given the remoteness of the drilling location, breakdowns are time and cash critical.
    - Results from first few holes should still be mid-December. ALS Lab in Mexico have committed to continue processing samples over the Christmas break, so the drill delay will be a non-event.
    - No further announcements proposed until receipt of drill results from first holes.

    GLTAH!!
 
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