Auking Mining Ltd · ASX:AKN
Auking Mining — Brisbane Mining Conference 2022
19 slides from Auking Mining's conference presentation, Mar 23, 2022
Slide 1: Koongie Park Copper/Zinc Project - Brisbane Mining Conference
For personal use only AuKing Mining Limited (ASX:AKN) BRISBANE MINING CONFERENCE Exploration & Development KOONGIE PARK COPPER/ZINC PROJECT 23 March 2022
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, solicitation or other For personal use only recommendation with respect to the subscription for, purchase or sale of any securities in AKN. This
Slide 3: Investment Proposition
Investment Proposition • AuKing Mining (AKN) is the majority (75%) owner of the Koongie For personal use only Park copper/zinc project in north-eastern WA • AKN has been conducting exploration at Koongie Park since June 2021 and already established significant future value opportunities including: (
Slide 4: Significant drilling results from 2021 program
Significant drilling results from 2021 program AKN completed a 6,500m drilling program (29 RC and For personal use only diamond holes) in late 2021. Several outstanding copper, zinc, silver and other assays were reported including: • (AOWB003) – 124m @ 1.03% Cu, 1.08% Zn, 1.59% Pb and 50g/t Ag from
Slide 5: Corporate snapshot
Corporate snapshot Capital Structure Board and management For personal use only ASX Code AKN Dr Mark Elliott Independent Chairman Market Cap $13M Paul Williams Chief Executive Officer ($0.17/share) Ian Hodkinson Non-Executive Director Shares on issue 75,589,651 Peter Tighe Non-Executive Director Opt
Slide 6: Koongie Park | Project overview
Koongie Park | Project overview For personal use only Koongie Park Cu/Zn project is situated in north-eastern WA, in the highly mineralised Halls Creek region Existing significant JORC 2012 resources of 6.8Mt @ 1.3% Cu, 4.1% Zn, 0.3g/t Au and 26g/t Ag * * Refer Competent Persons Statement on Slide 2
Slide 7: Koongie Park | Tenures
Koongie Park | Tenures For personal use only • Koongie Park comprises several mining, exploration and prospecting licences covering > 500sq km • Sandiego and Onedin deposits are within existing mining licences granted pre-Native Title Act AuKing Mining Limited (ASX:AKN) 7
Slide 8: Koongie Park | 2021 Completed drill holes
Koongie Park | 2021 Completed drill holes For personal use only AuKing Mining Limited (ASX:AKN) 8
Slide 9: Sandiego
2022 Exploration and Development - Sandiego For personal use only (a) Test 700m target zone to north of known mineralization • Drill hole ASWB001 contained near-surface Cu grade mineralization • The Cu mineralisation displayed the now typical Sandiego geochemical association with elevated Co and Ce/
Slide 10: Sandiego (cont.) - Testing mineralization at depth
2022 Exploration and Development – Sandiego (cont.) For personal use only (b) Testing mineralization at depth • All holes drilled by AKN intersected high grade Cu/Zn mineralization at depth • Eg: ASRD002 and ASRD003 intersected Cu/Zn between 340- 525m • Strong suggestion mineralization remains open
Slide 11: Sandiego (cont.) - Downhole geophysics
2022 Exploration and Development – Sandiego (cont.) For personal use only (c) Downhole geophysics • Sandiego drill holes were cased with polypipe – enabling downhole geophysics tools to be used to test potential displaced mineralization within a ~ 100m radius of the drill hole • Potential to identif
Slide 12: Onedin (cont.)
2022 Exploration and Development – Onedin (cont.) For personal use only Test other nearby anomalous zones • 3 clear magnetic anomalies have been identified near the Onedin deposit • These areas will be the focus of immediate geophysics and drilling, pending heritage surveys AuKing Mining Limited (AS
Slide 13: Onedin Metallurgy
2022 Exploration and Development – Onedin Metallurgy For personal use only Onedin metallurgical testwork program • Parameters of the testwork program have been finalized – seeking to identify suitable processing solution for the near-surface oxide and transition ores at Onedin • Final assays from di
Slide 14: Koongie Park Resource Update
2022 Exploration and Development – Koongie Park Resource Update For personal use only Koongie Park Resource Update • Existing JORC (2012) Koongie Park resource estimate of 6.8Mt @ 1.3% Cu, 4.1% Zn, 0.3g/t Au and 26g/t Ag* • CSA Global has been engaged to prepare an update of this resource estimate b
Slide 15: Emull Drilling
2022 Exploration and Development – Emull Drilling For personal use only Significant drilling program proposed for Emull prospect (E80/4957) • 10-12 holes up to max 250m depth • Drilling subject to heritage access approval, scheduled for late February • Drilling is proposed to test previous drilling
Slide 16: Regional Exploration and Business Development
2022 Exploration and Development (cont.) For personal use only Regional Exploration • Detailed summary of historic aerial and land-based geophysics completed by Perth-based Southern Geoscience Consultants (SGC) • Series of high-priority target areas identified as a result (see next Slide) • Target a
Slide 17: Regional high priority target areas
2022 Exploration and Development (cont.) For personal use only Regional high priority target areas (16 in total) from SGC survey AuKing Mining Limited (ASX:AKN) 17
Slide 18: Contact Details
For personal use only AuKing Mining Limited (ASX:AKN) CONTACT DETAILS Exploration & Development Auking Mining Ltd 320 Adelaide Street, Brisbane QLD 4000 Office: +61 7 3535 1208 Paul Williams: +61 419 762 487 Email: p.williams@aukingmining.com www.aukingmining.com
Slide 19: Appendix I | Koongie Park JORC Resources
Appendix I | Koongie Park JORC Resources For personal use only CSA Global provided a full updated resource estimate of the Koongie Park resources (in accordance with the JORC 2012 reporting standards) in AKN’s Prospectus dated 9 March 2021. Set out below is the full resource details: AuKing Mining L