AKN 0.00% 0.5¢ auking mining limited

Does anybody have any thoughts about this discovery and the...

  1. 23 Posts.
    Does anybody have any thoughts about this discovery and the company that found it?

    Interested to hear any comments or other matters of interest on this subject.

    From what I'm reading, it looks pretty good at this early stage. Assays to come, but if I'm reading my geology notes properly, then structurally it should go oxide copper, chalcocite, then copper sulphides. If this is right, then so far so good.

    The current hole (MDD006) is underpinning by 50 metres an intercept of 35m @ 1.52% copper. Presently this hole is reported to be at 82 metres, heading toward what looks like a total depth of somewhere around 250 metres. From the map image supplied, it would appear that this same drill hole is also looking to test beneath an earlier hole (WW201) that encountered a 'bottom of hole' intercept reported as 26m @ 1.05% Cu (open).

    Now waiting for further updates to see how this hole pans out. Seems fairly exciting though, but I have been wrong in the past. DYOR.
 
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