Auking Mining Ltd · ASX:AKN
Auking Mining — IMARC Conference 2022
17 slides from Auking Mining's conference presentation, Nov 2, 2022
Slide 1: A unique opportunity to invest in copper and uranium
IMARC CONFERENCE PRESENTATION A unique opportunity to invest in copper and uranium 2 NOVEMBER 2022 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: Koongie Park Project
KOONGIE PARK PROJECT Koongie Park Halls Creek Region Auking Mining (ASX:AKN) is the majority (80%) owner of the Koongie Park Copper/Zinc Project Western Australia in north-eastern Western Australia. Total JORC Resource 2012 Onedin Deposit Perth Sandiego Deposit 8.9Mt 4.8Mt 4.1Mt Cu Zn Au Ag Pb Cu Zn
Slide 4: Halls Creek Region
HALLS CREEK REGION Port of Wyndham A popular mining address Kununurra Ord River Hydro Rydges Iron Ore Mine Lake Argyle Auking asset Argyle Diamond Mine Operating or recent mining IGO’s Sentinel Prospect Prospect/Deposit Derby Savannah Nickel Mine Town IGO acreage Copernicus Nickel Mine 1 Panton PGM
Slide 5: Koongie Park Project Drilling Results 2021 Program
KOONGIE PARK PROJECT DRILLING RESULTS 2021 PROGRAM 6,500m drilling program (29 RC and diamond holes) in late 2021 returned outstanding copper, zinc, silver and other assays including: AOWB003 – 124m @ 1.03% Cu, 1.08% Zn, 1.59% Pb and 50g/t Ag from 8m AORD001 – 106m @ 0.53% Cu, 2.69% Zn, 10g/t Ag AOR
Slide 6: Koongie Park Project
Halls Creek KOONGIE PARK PROJECT 1 Onedin Deposit 7500m RC/diamond drilling program completed in August EL4960 2022 Cosmo Prospect • 4,330m of RC drilling now completed Emull Prospect across 28 holes. • Target areas included: • Emull (8 holes) Sandiego Deposit • Cosmo (14 holes) • Onedin/Sandiego (4
Slide 7: Emull Prospect
KOONGIE PARK PROJECT EMULL PROSPECT Wide, near surface copper and zinc sulphide mineralisation confirmed in August 2022. • EMRC002 – 74m @ 0.36% Cu, 0.71% Zn, and 6g/t Ag from 106m • EMRC004 – 89m @ 0.36% Cu, 1.18% Zn and 9g/t Ag from 61m • EMRC007 – 25m @ 0.46% Cu, 1.55% Zn and 8g/t Ag from 34m and
Slide 8: Tanzanian Uranium Acquisition
TANZANIAN URANIUM ACQUISITION AKN has recently announced the acquisition of various highly prospective uranium and copper licences in Tanzania including: MKUJU – near to the world class Nyota uranium project in southern Tanzania; the subject of significant previous exploration MANYONI/ITIGI – the su
Slide 9: Tanzanian Mining Sector
TANZANIAN MINING SECTOR The Tanzanian Government is aiming to increase mining’s contribution to 10% of GDP by 2025. President, Her Excellency Samia Suluhu Hassan, is leading a number of initiatives designed to attract significant mining investment into the country. Recent major company activities in
Slide 10: Mkuju Uranium
MKUJU URANIUM • Situated in southern Tanzania, was the focus of then-ASX Listed Mantra Resources • Established the world class Nyota uranium project, which was the subject in 2011 of a $1.16B takeover • Mantra (and other groups) carried out significant exploration work on the areas to the south of N
Slide 11: Manyoni Uranium
MANYONI URANIUM • Project is situated near the central Tanzanian city of Dodoma on the main railway line to the port city of Dar-Es- Salaam • Subject to extensive exploration work by ASX-listed Uranex • Potential to significantly increase resources by further exploration at Manyoni and nearby Itigi
Slide 12: Onedin Deposit Metallurgy
KOONGIE PARK PROJECT ONEDIN DEPOSIT METALLURGY Onedin metallurgical testwork program • Significant initial metallurgical testwork conducted during 2022, focussed on the near-surface oxide and transition ore material • the AmmLeach® ammonia leaching process has been utilised as part of this metallurg
Slide 13: Why Auking?
WHY AUKING? Excellent Low market Project capitalisation Location for existing resources Aggressive - Strong and highly Copper- skilled Board + Uranium marketability 13
Slide 14: Contact Details
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 14
Slide 15: Corporate Snapshot / Capital Structure
CORPORATE SNAPSHOT Anna Nahajski- Asimwe Kabunga Shares on issue Staples Non-Executive Chair Non-Executive Chair 117.8 million CAPITAL STRUCTURE Market Capitalisation Paul Williams Chief Executive Officer Ian Hodkinson Non-Executive Director $15.3 million 28 October 2022 Cash $1.54 million Peter Tig
Slide 16: Koongie Park JORC Resources: Onedin
APPENDIX 1 KOONGIE PARK JORC RESOURCES ONEDIN MINERAL RESOURCE ESTIMATE & METAL TONNES 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 below is the full res
Slide 17: Koongie Park JORC Resources: Sandiego
APPENDIX 1 KOONGIE PARK JORC RESOURCES SANDIEGO MINERAL RESOURCE ESTIMATE & METAL TONNES 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 16.0 0.1 Indicated 2.0