Auking Mining Ltd · ASX:AKN
Auking Mining — F1 Aussie Equities Day, Singapore 2025
22 slides from Auking Mining's conference presentation, Oct 3, 2025
Slide 1: AuKing Mining: A Near-term Australian Gold Producer
For personal use only AUKING MINING A Near-term Australian Gold Producer Cloncurry Gold Project, Queensland F1 Aussie Equities Day, Singapore, 3 October 2025 © Confidential 2025 1
Slide 2: Disclaimer
DISCLAIMER The information contained in this presentation has been prepared by AuKing Mining Limited (AKN). This presentation is not an offer, invitation, For personal use only solicitation or other recommendation with respect to the subscription for, purchase or sale of any securities in AKN. This
Slide 3: Company Highlights
COMPANY HIGHLIGHTS STRATEGIC ACQUISITION ON ATTRACTIVE RESTART PATHWAY INCLUDING EARLY CASH FLOW: Initiate TERMS: Deal terms have been finalised to operations through a 50:50 JV with the private owner of the Tick Hill acquire 100% of the Cloncurry Gold Project in mine to toll-treat Tick Hill tailing
Slide 4: Corporate Strategy: Acquire, Restart, Scale
For personal use only CORPORATE STRATEGY: ACQUIRE, RESTART, SCALE. STAGE 1 SECURE STAGE 2 DEVELOP STAGE 3 SCALE (NEXT 12 MONTHS) (NEXT 24 MONTHS) (NEXT 3 YEARS) ESTABLISH FOUNDATIONAL ASSETS UNLOCK NEAR-TERM CASH FLOW DRIVE PRODUCTION GROWTH AND DISTRICT SCALE EXPLORATION ▪ 447 km2 tenement package
Slide 5: Corporate Overview
CORPORATE OVERVIEW TOTAL OPTIONS ON MARKET CAPITALISATION CASH ON HAND ISSUE (Undiluted) TICKER SHARES ON ISSUE For personal use only ~625m ~A$4.9m ~A$0.10m ASX: AKN ~802m varying exercise @ $0.06 (30 June 2025) prices & expiry dates SIGNIFICANT SHAREHOLDERS % SHAREHOLDING Kabunga Holdings PTY LTD 1
Slide 6: Gold's Relentless Run
For personal use only GOLD’S RELENTLESS RUN Source – ABC Bullion – Gold Spot Price per Troy Ounce - USD 6
Slide 7: Cloncurry Gold Project Strategic Tenement Package
CLONCURRY GOLD PROJECT – 447 KM² STRATEGIC TENEMENT PACKAGE APPROX. 447KM² OF ASSETS NEAR CLONCURRY: 20 MLS, 1 MDL & 7 EPMS COVERING ~447 KM² IN THE CLONCURRY DISTRICT For personal use only LORENA CIL GOLDEN MILE MT FREDA DEPOSIT. PROCESSING HUB. COMPLEX. ▪ 300 ktpa CIL + flotation, ▪ JORC 2012 reso
Slide 8: Lorena Processing Plant
LORENA PROCESSING PLANT Leveraging a fully-permitted 300 ktpa CIL + flotation facility 15 km from Cloncurry to fast-track near-term production and fund our aggressive district exploration For personal use only CAPACITY & PERFORMANCE VALUE & COST INFRASTRUCTURE ▪ Throughput: 300 ktpa CIL + flotation
Slide 9: Existing Open Pits with Valid Mining Leases - Mt Freda
EXISTING OPEN PITS WITH VALID MINING LEASES- MT FREDA For personal use only HISTORIC JORC RESOURCE: A JORC-compliant resource was previously reported (Indicated & Inferred;). EXPANSION POTENTIAL: The existing open‐pit remains open along strike and at depth, offering significant upside. PLANNED DRILL
Slide 10: Existing Open Pits with Valid Mining Leases - Golden Mile
EXISTING OPEN PITS WITH VALID MINING LEASES- Golden Mile HISTORIC JORC RESOURCE: A JORC-compliant resource was previously reported under the former owner. For personal use only DRILL‐READY TARGETS: Multiple high-priority zones along the Shamrock and Comstock structures. PLANNED DRILL PROGRAM: Infill
Slide 11: Early Cashflow Potential - Tick Hill Tailings
EARLY CASHFLOW POTENTIAL – TICK HILL TAILINGS For personal use only 50:50 JV TO FAST-TRACK CASH FLOW BY TOLL-TREATING TAILINGS AT TICK HILL VIA OUR LORENA CIL HUB. JV & PROJECT SCOPE: 50:50 JV with Tick Hill owner to process historic tailings & waste rock. Toll-treat model eliminates upfront mining
Slide 12: Major Growth Potential - Mt Scheelite Prospect
MAJOR GROWTH POTENTIAL – MT SCHEELITE PROSPECT PRIME LOCATION: 600 m west of the Comstock & For personal use only Shamrock pits, with established haul road access to the Lorena plant. HISTORIC DRILLING RECOGNISED: Previous drill programs returned significant near-surface gold assays GEOLOGICAL SETTI
Slide 13: Regional Scale Exploration Upside
REGIONAL SCALE EXPLORATION UPSIDE DISTRICT-WIDE TENURE & FRAMEWORK ~447 KM² LAND PACKAGE: Consolidated 20 MLs + 1 MDL + 7 EPMs in the Cloncurry district supports a robust generative pipeline . For personal use only MINERAL / EXPLORATION STRATEGY – detailed plans to explore and drill regional targets
Slide 14: Next Steps?
For personal use only NEXT STEPS? AKN to complete its AKN to provide Establishment of AKN and Orion will Commence funding funding to project operating engage the project immediate work on requirements for commence project plans to be management team approvals required the Cloncurry Gold activities a
Slide 15: Board and Management
BOARD AND MANAGEMENT MR PETER TIGHE PAUL WILLIAMS DR KYLIE MR NICK For personal use only Non-Executive Managing Director PRENDERGAST HARDING Chairman Non-Executive Non-Executive Director Director WELL-KNOWN BRISBANE BA LLB (UQ) PHD (ECONOMIC GEOLOGY), A(ACC), GRAD DIP (APP FIN), BUSINESSMAN. Deputy
Slide 16: Appendices
For personal use only APPENDICES © Confidential 2025 16
Slide 17: Additional Resource/Reserve Upside - Mt Freda
For personal use only ADDITIONAL RESOURCE/RESERVE UPSIDE – MT FREDA Mt Freda has an existing publicly- reported JORC 2012 resource (indicated and inferred). Significant potential to expand existing Mt Freda resource as it remains open in along strike and at depth. Proposed further drilling at Mt Fre
Slide 18: Additional Resource/Reserve Upside - Golden Mile
For personal use only ADDITIONAL RESOURCE/RESERVE UPSIDE – GOLDEN MILE 18
Slide 19: Koongie Park, Western Australia (Copper/Zinc)
KOONGIE PARK, WESTERN AUSTRALIA (COPPER/ZINC) Joint Venture with ASX-listed Cobalt Blue Holdings (COB) For personal use only on a 51% (COB)/49% (AKN) basis. COB has issued results of a Scoping Study*. KEY FINDINGS OF THE COB SCOPING STUDY INCLUDE: 10.5yr mine life A$70M initial Capex Onedin deposit
Slide 20: Mkuju, Tanzania (Uranium)
MKUJU, TANZANIA (URANIUM) Situated in southern Tanzania, near the world class Nyota deposit (152Mlbs U3O8), Mkuju is a 780sq km For personal use only portfolio of highly prospective uranium licences, held 100% by AKN’s Tanzanian subsidiary, 92U Tanzania Ltd. Nyota was acquired by Uranium One in 2011
Slide 21: Myoff Creek, British Columbia, Canada (Niobium/Rare Earths)
MYOFF CREEK, BRITISH COLUMBIA, CANADA – (NIOBIUM/RARE EARTHS) In July 2024, AuKing announced that it had completed the acquisition of a 100% interest in the Myoff Creek project which comprises eight For personal use only mineral claims in south-eastern British Columbia. A recent airborne magnetic an
Slide 22: Contact Details
For personal use only CONTACT DETAILS AUKING MINING LTD PAUL WILLIAMS, MANAGING DIRECTOR ▪ Level 10, 320 Adelaide Street, Brisbane ▪ Mobile: +61 419 762 487 QLD 4000 ▪ Email: p.williams@aukingmining.com ▪ Office: +61 7 3535 1208 ▪ www.aukingmining.com © Confidential 2025 22
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