AuKing Mining Limited Prospectus

An immediate activity of AKN upon Completion will be to carry out a detailed optimisation review of the Sandiego PFS and all related mining studies. A key element of the optimisation work will be the design and conduct of a drilling program aimed at significantly expanding the existing known resources at Sandiego. (b) Regional Koongie Park Exploration The region in and around the existing Koongie Park Project area is well-known for mineral occurrences as highlighted in the diagram below. The Board considers that the area is underexplored at depth and highly prospective for the discovery of further VMS base metal mineralisation below approximately 150m. Geological map of Koongie Park showing tectonic units and mineral occurences (Source: Independent Technical Report – see section 6 for more details) AuKing Mining Limited | PROSPECTUS 49