AuKing Mining (ASX: AKN): Drilling Underway at Tundulu

AuKing Mining has kicked off its maiden drilling program at the Tundulu Rare Earths Project in southern Malawi, marking a major step forward at one of the country’s largest and most under-explored carbonatite systems.

The 10,000-metre program of combined RC and diamond drilling, spanning around 50 targets, follows a recently completed airborne magnetic and LiDAR survey that revealed Tundulu to be a far larger system than historical drilling had ever tested. With high-grade history on the board, a freshly mapped target, and rare earth prices re-rating hard through 2026, AuKing has placed itself squarely in the path of the ex-China supply story.

First assays are due from Intertek’s Perth laboratory in the coming weeks, setting up a busy run of news flow into the second half of the year.

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