AuKing Mining Ltd (ASX:AKN) CEO Paul Williams tells Proactive the company has been granted three new prospecting licences at its Mkuju Uranium Project in Tanzania, establishing a significant position in an emerging uranium hotspot. These new licences, granted by the Tanzanian Mining Commission, are east of AuKing’s existing portfolio of tenures and span more than 345 square kilometres. The additional tenure features radiometric highs similar in appearance to the world-class Nyota uranium deposit to the immediate northeast.
“Our work to date has already established a strong correlation between radiometric anomalies and uranium mineralisation," Williams said. "In particular, the radiometric anomalies in these new areas bear a striking resemblance to the radiometric high that sits over the world-class Nyota uranium deposit.”
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