Auking Mining Ltd · ASX:AKN
Auking Mining — RIU Resources Roundup Sydney 2023
17 slides from Auking Mining's conference presentation, May 10, 2023
Slide 1: A unique uranium and copper opportunity
For personal use only RIU SYDNEY INVESTOR PRESENTATION A unique uranium and copper opportunity 10 May 2023 RIU Resources Roundup Sydney 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, solicitation or other recommendation with respect to the subscription for, purchase or sale of any securities in AKN. This presentation has been
Slide 3: 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 Manyoni has - Uranium and existing copper are resources; + likely to be Mkuju next to market leaders world-class in the
Slide 4: Tanzanian Projects
TANZANIAN PROJECTS An exciting, new acquisition* AKN has acquired 12 uranium and copper For personal use only 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 central
Slide 5: Manyoni Uranium Project
MANYONI URANIUM PROJECT AKN’s Manyoni PLs overlaying historical playa deposits Potential for near-term production Manyoni was subject to extensive historical For personal use only drilling and exploration before Fukushima. • Project is situated near the central Tanzanian city of Dodoma on the main r
Slide 6: Itigi Uranium Project
ITIGI URANIUM PROJECT Potentially large new uranium prospect AKN is planning an aggressive program For personal use only of drilling at Itigi, 80kms west of Manyoni • Large radiometric anomaly (40km x 10km) identified by previous exploration • Several auger holes drilled but no systematic drilling h
Slide 7: 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 $1.16B takeover. • 2011 Ny
Slide 8: 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 9: Koongie Park Project
KOONGIE PARK PROJECT Halls Creek Region Auking Mining (ASX:AKN) is the For personal use only majority (87%) owner of the Koongie Park Koongie Park Copper/Zinc Project Total JORC Resource 2012 in north-eastern Western Australia. 21.1Mt Onedin Deposit Perth Emull Deposit 21.2Mt 4.8Mt 12.2Mt Cu Zn Au A
Slide 10: Koongie Park Project
Halls Creek KOONGIE PARK PROJECT Onedin Deposit 1 4.8Mt @0.7% Cu, 3.2% Zn, 0.3g/t Au, 38g/t Ag Mining Study being prepared For personal use only for a development at Sandiego EL4960 • Focus is the open pit and Cosmo Prospect underground resources at Sandiego Sandiego Deposit Nicholson’s Mine • MoU w
Slide 11: Koongie Park Project
Halls Creek KOONGIE PARK PROJECT 1 Onedin Deposit Mining Study being For personal use only prepared for a development at Sandiego EL4960 Cosmo Prospect Emull Prospect • Focus is the open pit and underground resources at Sandiego Sandiego Deposit • MoU with Cazaly Resources to include their Mt Angelo
Slide 12: Koongie Park Project: Onedin Deposit Metallurgy
KOONGIE PARK PROJECT ONEDIN DEPOSIT METALLURGY For personal use only Onedin metallurgical testwork program • Significant initial metallurgical testwork • More recent testwork established >90% conducted during 2022, focussed on the recoveries from some of copper and zinc near-surface oxide and transi
Slide 13: Corporate Snapshot
CORPORATE SNAPSHOT For personal use only Asimwe Kabunga Peter Tighe Executive Chairman Non-Executive Director Shares on issue 204.1 million CAPITAL STRUCTURE Market Capitalisation Paul Williams Chief Executive Officer Shizhou Yin Non-Executive Director $12 million 5 May 2023 Cash $2.5 million Paul M
Slide 14: Koongie Park JORC Resources: Onedin
APPENDIX 1 KOONGIE PARK JORC RESOURCES ONEDIN MINERAL RESOURCE ESTIMATE & METAL TONNES 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) and this was released to ASX on 7 April 2022. Set out
Slide 15: Koongie Park JORC Resources: Sandiego
APPENDIX 1 KOONGIE PARK JORC RESOURCES SANDIEGO MINERAL RESOURCE ESTIMATE & METAL TONNES For personal use only Tonnes Copper Zinc Gold Silver Lead Zone Classification Mt % % (g/t) g/t % Indicated 1.7 2.3 0.8 0.3 18.0 0.2 Cu Dominant RESOURCE Inferred 0.3 1.6 3.0 0.2 5.0 0.0 Subtotal 2.0 2.2 1.1 0.3
Slide 16: Koongie Park JORC Resources: Emull
APPENDIX 1 KOONGIE PARK JORC RESOURCES EMULL MINERAL RESOURCE ESTIMATE & METAL TONNES For personal use only Total Mineral Resource Type Tonnage Cu Zn Pb Ag Cu Zn Pb Ag Mt % % % g/t t t t koz Oxide 0.29 0.28 0.66 0.14 5.2 800 1,900 400 50 Transitional 0.39 0.28 0.61 0.15 6.6 1,100 2,400 600 80 Fresh
Slide 17: 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