Slide 1: Noosa in November Investor Presentation
For personal use only NOOSA IN NOVEMBER INVESTOR PRESENTATION An emerging uranium developer in Tanzania Wednesday, 15 November 2023 1
Slide 2: Disclaimer
DISCLAIMER For personal use only The information contained in this presentation has been prepared by AuKing Mining Limited (AKN). This presentation is not an offer, invitation, solicitation or other recommendation with respect to the subscription for, purchase or sale of any securities in AKN. This
Slide 3: Global Uranium Market
GLOBAL URANIUM MARKET The best fundamentals in 10 years • 10 years of under-investment in uranium exploration and development For personal use only • Long-term contract market between producers and utilities has resumed • World Nuclear Association reports (Nov): 436 operating reactors (392GW) 61 und
Slide 4: Uranium Structural Supply Shortage
For personal use only URANIUM STRUCTURAL SUPPLY SHORTAGE Paladin Energy presentation Diggers and Dealers, August 2023
Slide 5: Tanzanian Projects
TANZANIAN PROJECTS An exciting, new acquisition* AKN has acquired several uranium and For personal use only copper licences in Tanzania including: MKUJU – nearby the world class Nyota uranium project in southern Tanzania; the subject of significant previous exploration MANYONI/ITIGI – situated in ce
Slide 6: Mkuju Uranium Project
MKUJU URANIUM PROJECT Near the world class Nyota U3O8 project Situated in southern Tanzania, Mkuju For personal use only region was the focus of then-ASX Listed Mantra Resources. • Mantra established the world class Nyota uranium project, which was the subject in 2011 of a successful $1.16B takeover
Slide 7: Mkuju Uranium Project (cont)
MKUJU URANIUM PROJECT (cont) Potential to establish a large Nyota- For personal use only style deposit at Mkuju • AuKing holds seven (7) PLs to the immediate south-east of Nyota, 3 new application areas over high radiometric anomalies • PLs cover an area of 730 sq kms – much of which was identified
Slide 8: Manyoni/Itigi Uranium Project
MANYONI/ITIGI URANIUM AKN’s Manyoni PLs overlaying historical playa deposits PROJECT Manyoni was subject to extensive historical For personal use only drilling and exploration before the Fukushima disaster in 2011. • Project is situated near the central Tanzanian city of Dodoma on the main railway l
Slide 9: Tanzanian Copper
TANZANIAN COPPER Greenfield copper opportunity in western Tanzania For personal use only Situated in western Tanzania, AKN has secured interests in copper-prospective areas Mpanda and Karema. • Mpanda mineral field hosts the historical Mukwamba mine which produced copper for 30 years until 1960 • At
Slide 10: Koongie Park Project
Halls Creek KOONGIE PARK PROJECT Onedin Deposit 1 4.8Mt @0.7% Cu, 3.2% Zn, Mining Study completed for 0.3g/t Au, 38g/t Ag development of a copper/zinc For personal use only mine near Halls Creek in north- eastern Western Australia EL4960 Key findings from the Scoping Study Cosmo Prospect include: Sa
Slide 11: Investment Highlights
INVESTMENT HIGHLIGHTS For personal use only Uranium Strong in- projects already country the subject of Tanzanian major previous connections and exploration and experience drilling Mkuju next to - Uranium is world-class gaining Nyota uranium + momentum in project the current energy market 11
Slide 12: Corporate Snapshot
CORPORATE SNAPSHOT For personal use only Asimwe Kabunga Peter Tighe Executive Chairman Non-Executive Director Shares on issue 204.2 million CAPITAL STRUCTURE Market Capitalisation Paul Williams Chief Executive Officer Shizhou Yin Non-Executive Director $10 million Cash $0.55 million @ 30 September 2
Slide 13: Contact Details
For personal use only CONTACT DETAILS Auking Mining Ltd Level 22, 127 Creek Street, Brisbane QLD 4000 Office: +61 7 3535 1208 Paul Williams: +61 419 762 487 Email: p.williams@aukingmining.com www.aukingmining.com 13