AuKing Mining Ltd (AU:AKN) has released an update.
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AuKing Mining Limited, in partnership with Barg Alsaman Mining Company, has secured the Shaib Marqan gold exploration license in Saudi Arabia’s mineral-rich Arabian-Nubian Shield. This strategic acquisition positions AuKing to explore the under-explored region, which is highly prospective for orogenic gold mineralization. The move aligns with Saudi Arabia’s Vision 2030, emphasizing mining as a key economic pillar to diversify its economy.
For further insights into AU:AKN stock, check out TipRanks’ Stock Analysis page.