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How AuKing’s $16M Orion Buyout Unlocks Cloncurry Gold Potential
8:47am on Tuesday 21st of October, 2025 AEDT
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Mining
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How AuKing’s $16M Orion Buyout Unlocks Cloncurry Gold Potential
8:47am on Tuesday 21st of October, 2025 AEDT
Key Points
AuKing to acquire 100% of Orion Resources for $16.28 million in shares
Orion secures short-term funding to complete Cloncurry Gold Project purchase by early November
Lorena processing plant offers 280,000tpa capacity and toll-treating potential
Cloncurry Project spans 447km² with multiple drill-ready gold and copper targets
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