Australia's Auking Mining up on full ownership of Koongie Park project

Astral Resources NL

07/07/2023 03:24

** Shares of Auking Mining Ltd  AKN.AX  rise as much as 3.9%
to A$0.053, their highest level since June 15
    ** Resource explorer attains full ownership of Koongie Park
copper/zinc project in Western Australia     
    ** Co sees biggest intraday jump since June 28
    ** Says full ownership of project subject to 1% net smelter
return royalty to joint venture partner Astral Resources NL
 AAR.AX  
    ** AKN down 46.9% YTD, as of last close 
   

 (Reporting by John Biju in Bengaluru)
 ((John.Biju@thomsonreuters.com;))