Latest Auking Mining (ASX:AKN) News

AuKing Mining announces the immediate retirement of two board members and reveals a legal dispute involving Orion Resources over the Cloncurry Gold Project, leading to a halt in their planned acquisition.

AuKing Mining has completed a $400,000 share placement to fund its gold exploration efforts in Queensland’s Cloncurry region, with an extraordinary meeting set to approve new options.

Auking Mining’s planned acquisition of Orion Resources has hit a regulatory roadblock, while Orion’s purchase of the Cloncurry Gold Project assets faces settlement delays due to vendor conditions.

AuKing Mining’s final aeromagnetic and radiometric survey results at Myoff Creek confirm known carbonatite mineralisation and reveal promising new extensions, while the company advances its Cloncurry Gold Project acquisition.

AuKing Mining is set to complete its acquisition of the Cloncurry Gold Project through a full takeover of Orion Resources, backed by secured short-term funding and a planned capital raise.

AuKing Mining advances its strategic acquisition of Orion Resources and the Cloncurry Gold Project while securing a $5 million loan facility and progressing exploration across multiple continents.

AuKing Mining’s latest airborne survey at its Myoff Creek project in British Columbia reveals promising extensions of niobium and rare earth mineralisation, setting the stage for expanded exploration.

AuKing Mining has agreed to acquire 100% of Orion Resources, gaining full ownership of the Cloncurry Gold Project, a move that positions the company for near-term production and significant exploration upside.

AuKing Mining has locked in a A$5 million credit facility with RiverFort Global Capital to fast-track exploration and development at its Cloncurry Gold Project, setting the stage for near-term gold production in Queensland.

AuKing Mining has achieved a critical due diligence milestone with Nebari, paving the way for an A$8 million credit facility to accelerate development of its Cloncurry Gold Project in Queensland.

AuKing Mining has successfully closed a two-tranche placement raising $1.17 million, with directors actively participating, to fund its Cloncurry Gold Project acquisition and reduce existing debt.

AuKing Mining is accelerating feasibility work on reprocessing gold tailings at the historic Tick Hill mine, aiming to unlock early cash flows and support broader project development.