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 VI Contents Report prepared for .................................................................................................................................................. I Report issued by ....................................................................................................................................................... I Report information ................................................................................................................................................... I Author and Reviewer Signatures .............................................................................................................................. I EXECUTIVE SUMMARY ................................................................................................................................................ II 1 INTRODUCTION ................................................................................................................................................ 1 1.1 Compliance with the VALMIN and JORC Codes ......................................................................................... 1 1.2 Principal Sources of Information and Reliance on Other Experts.............................................................. 1 1.3 Authors of the Report ................................................................................................................................ 1 1.4 Independence ............................................................................................................................................ 2 1.5 Declarations ............................................................................................................................................... 3 1.6 Context, Scope and Terms of Reference ................................................................................................... 3 1.6.1 Purpose of this Document ................................................................................................................3 1.6.2 Practitioner/Competent Person’s Statements .................................................................................3 1.6.3 Site Inspection .................................................................................................................................. 3 1.7 About this Report ...................................................................................................................................... 3 2 KOONGIE PARK PROJECT .................................................................................................................................. 5 2.1 Location and Access................................................................................................................................... 5 2.2 Climate, Geography and Infrastructure ..................................................................................................... 5 2.3 Tenure........................................................................................................................................................ 5 2.4 Regional Geology ....................................................................................................................................... 7 2.4.1 Halls Creek Orogen ...........................................................................................................................8 2.4.2 Lamboo Province .............................................................................................................................. 8 2.4.3 Tectonic Interpretation ..................................................................................................................10 2.4.4 Regional Mineralisation..................................................................................................................11 2.5 Local Geology........................................................................................................................................... 11 2.5.1 Stratigraphy .................................................................................................................................... 11 2.5.2 Structural Geology..........................................................................................................................16 2.5.3 Mineralisation ................................................................................................................................ 17 2.5.4 Alteration........................................................................................................................................ 18 2.6 Mineral Resources – Onedin Deposit ...................................................................................................... 18 2.7 Mineral Resources – Sandiego Deposit ................................................................................................... 22 2.8 Metallurgy and Mining Studies................................................................................................................ 26 2.9 Exploration History .................................................................................................................................. 28 2.9.1 Onedin and Sandiego Area .............................................................................................................29 2.9.2 Emull Area and Associated Lamboo Complex ................................................................................29 2.9.3 Mount Angelo Area ........................................................................................................................30 2.9.4 Geophysical Surveys .......................................................................................................................30 2.9.5 Assessment of Historical Exploration .............................................................................................31 2.10 Recent Exploration................................................................................................................................... 31 2.11 Exploration Potential ............................................................................................................................... 31 2.11.1 Onedin – Exploration Potential ...................................................................................................... 31 2.11.2 Sandiego – Exploration Potential ................................................................................................... 31 2.11.3 Regional Prospectivity ....................................................................................................................32 6. Independent Technical Report continued 74