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AuKing Mining Limited (ASX:AKN)

ALERT: Price-sensitive ASX Announcement for AKN
Current share price for AKN : $0.025 0.017 (212.50%)+
Announcement
Release
19 Jan 2026 5:11PM
Price at Release
$0.008
Full Release
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Summary
AuKing Mining Limited, an exploration company focused on gold, uranium, copper, and critical minerals projects in Australia, Canada, and Tanzania, released its quarterly activities report ending 31 December 2025. The report highlights the completion of an airborne survey at Myoff Creek, which indicated potential extensions of carbonatite mineralization, and progress in the Cobalt Blue JV at the Koongie Park copper/zinc project. A $400k working capital raise was completed with GBA Capital. Additionally, the acquisition of Cloncurry Gold Project failed to complete as per the contract terms with Orion Resources, leading to legal proceedings. The company also announced a share placement to raise $1.5M and detailed the resignations of directors Fisher, Prendergast, and Harding.
Key Points
  • Completion of airborne survey at Myoff Creek with promising results.
  • Progress in Cobalt Blue JV at Koongie Park.
  • Completion of $400k working capital raise with GBA Capital.
  • Failed acquisition of Cloncurry Gold Project due to contract issues with Orion Resources.
  • Share placement to raise $1.5M announced.
  • Resignation of directors Fisher, Prendergast, and Harding.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.