AuKing Mining Limited Prospectus

A U K ING M INING L IMITED I NDEPENDENT T ECHNICAL A SSESSMENT R EPORT – W ESTERN A USTRALIAN M INERAL A SSETS CSA Global Report Nº R278.2020 Criteria Commentary Audits or reviews The Mineral Resource estimate was internally peer reviewed by CSA Global prior to release of results to AAR in 2009. CSA Global reviewed the data collection, QAQC, geological modelling, statistical analyses, grade interpolation, density measurements and resource classification strategies. The Competent Person relies upon the opinions of the peer reviewers when classifying the Mineral Resource and is satisfied that the reviews were impartial and provided useful critique where necessary. No other audits or reviews are known to have occurred since 2009. Discussion of relative accuracy/confidence Relevant tonnages and grade above nominated cut-off grades for copper and zinc are provided in this report. Tonnages were calculated by filtering all blocks above the cut-off grade and sub-setting the resultant data into bins by mineralisation domain. The volumes of all the collated blocks were multiplied by the dry density value to derive the tonnages. The Mineral Resource is a local estimate, whereby the drillhole data was geologically domained above nominated cut-off grades. The Mineral Resource does not provide a calculated tonnage and grade, rather it provides the reader with estimated “median” values about which can be inferred a range based upon the resource classification. The Indicated volumes are interpreted to have a tighter range of tonnage and grade than the Inferred Resource volumes. 6. Independent Technical Report continued 128