Slide 1: Noosa Conference Presentation
For personal use only NOOSA CONFERENCE PRESENTATION A unique opportunity to invest in copper and uranium 9 NOVEMBER 2022 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: Auking Projects
AUKING PROJECTS For personal use only Itigi Uranium Project Western Australia, Australia Mpanda Copper Project Manyoni Uranium Project Koongie Park Copper/Zinc Project Magaga Uranium Project Karema Copper Project Mkuju Uranium Project Tanzania, Africa
Slide 4: Koongie Park Project
KOONGIE PARK PROJECT Koongie Park Halls Creek Region For personal use only 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 4.1M
Slide 5: Halls Creek Region
HALLS CREEK REGION Port of Wyndham A popular mining address Kununurra For personal use only 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 Nic
Slide 6: Koongie Park Project Drilling Results 2021 Program
KOONGIE PARK PROJECT DRILLING RESULTS 2021 PROGRAM For personal use only 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,
Slide 7: Koongie Park Project
Halls Creek KOONGIE PARK PROJECT 1 For personal use only 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
Slide 8: Koongie Park Project Emull Prospect
KOONGIE PARK PROJECT EMULL PROSPECT For personal use only 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 an
Slide 9: 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 10: Tanzanian Projects
TANZANIAN PROJECTS An exciting, new acquisition* For personal use only AKN has acquired six 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 subject of si
Slide 11: Mining in Tanzania
MINING IN TANZANIA A well supported and safe industry For personal use only 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
Slide 12: Mkuju Uranium Project
MKUJU URANIUM PROJECT Near the world class Nyota U3O8 project For personal use only Situated in southern Tanzania, 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. • Mantra (and other gr
Slide 13: Mkuju Uranium Project: Potential for near-term production
MKUJU URANIUM PROJECT Potential for near-term production For personal use only Subject to extensive exploration work by ASX-listed Uranex. • Project is situated near the central Tanzanian city of Dodoma on the main railway line to the port city of Dar-Es-Salaam. • Potential to significantly increase
Slide 14: Why Auking?
WHY AUKING? For personal use only Excellent Low market Project capitalisation Locations for existing resources Aggressive - Strong and highly Copper- skilled Board + Uranium marketability 14
Slide 15: 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 15
Slide 16: Corporate Snapshot
CORPORATE SNAPSHOT For personal use only Anna Nahajski- Asimwe Kabunga Staples Non-Executive Chair Shares on issue Non-Executive Chair 117.8 million CAPITAL STRUCTURE Market Capitalisation Paul Williams Chief Executive Officer Ian Hodkinson Non-Executive Director $8.1 million 4 November 2022 Cash $1
Slide 17: Koongie Park JORC Resources: Onedin
APPENDIX 1 KOONGIE PARK JORC RESOURCES For personal use only 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
Slide 18: Koongie Park JORC Resources: Sandiego
APPENDIX 1 KOONGIE PARK JORC RESOURCES For personal use only 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