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AuKing Mining Limited (ASX:AKN)

ALERT: Price-sensitive ASX Announcement for AKN
Current share price for AKN : $0.026 0.016 (160%)+
Announcement
Release
29 Jan 2026 8:30AM
Price at Release
$0.010
Full Release
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Summary
AuKing Mining Limited has entered into an agreement to acquire 100% interest in tin and silver exploration licence applications ELAs 22/2025 and 23/2025, strategically located near Rosebery in north-western Tasmania. This acquisition includes the Big Wilson and Merton Hill prospects, adjacent to the world-class Renison Bell tin mine. The historical data from Venture Minerals and other exploration activities around these prospects indicate significant tin mineralization, including high-grade intersections at Big Wilson. The acquisition terms include a non-refundable fee and the issuance of new shares subject to shareholder approval. AuKing plans to commence exploration activities upon completion of the acquisition, while also considering further exploration projects in its other holdings.
Key Points
  • Acquisition of 100% interest in tin and silver exploration licences ELAs 22/2025 and 23/2025.
  • Located in north-western Tasmania, near Renison Bell tin mine.
  • Historical exploration results indicate significant mineralization.
  • Terms include a non-refundable fee and issuance of new shares.
  • Plans to commence exploration activities after acquisition.
  • Big Wilson prospect reported high-grade intersections.
  • Strategic location near Rosebery with good infrastructure.
  • Potential district-scale exploration opportunity.
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.