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AuKing Mining Ltd ( (AU:AKN) ) has issued an announcement.
AuKing Mining Ltd, through its joint venture at the Tick Hill gold project, is advancing towards early-stage gold production by reprocessing tailings at the historic mine. The feasibility study, based on a 2020 Pre-Feasibility Study, confirms the technical and economic viability of the project, with trial test work underway to optimize gold recovery. This initiative is expected to provide early cash flows and support the development of other projects in AuKing’s portfolio, enhancing its position in the gold mining industry.
More about AuKing Mining Ltd
AuKing Mining Ltd is a company involved in the mining industry, focusing on gold production. It is engaged in joint ventures to enhance its operations and has a market focus on leveraging existing infrastructure and historical data to optimize gold recovery and production.
Technical Sentiment Signal: Sell
Current Market Cap: A$4.13M
For an in-depth examination of AKN stock, go to TipRanks’ Overview page.
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