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AuKing and Cobalt Blue Forge JV to Unlock Koongie Park’s Potential
6:58am on Monday 2nd of June, 2025 AEST
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Mining
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AuKing and Cobalt Blue Forge JV to Unlock Koongie Park’s Potential
6:58am on Monday 2nd of June, 2025 AEST
Key Points
Cobalt Blue can earn up to 75% interest in Koongie Park via $2M expenditure over 3 years
COB brings metallurgical expertise critical for advancing project feasibility
COB issues $200k in shares to AuKing as part of JV establishment
JV expenditure maintains project tenures, freeing AuKing to focus on Cloncurry gold and Mkuju uranium
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