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 2 The following individuals, by virtue of their education, experience and professional association, are considered Competent Persons, as defined in the JORC Code (2012), for this Report. The Competent Persons’ individual areas of responsibility are presented below: • Principal author – Mr Neal Leggo (Principal Consultant Geologist – CSA Global, Perth, WA) is responsible for all sections of the report. • Author – Mr David Williams (Principal Consultant Geologist – CSA Global, Brisbane, Queensland) is responsible for Sections 2.6 and 2.7 of the report. • Peer reviewer – Ms Ivy Chen (Principal Consultant Geologist – CSA Global, Perth, WA) is responsible for the entire report. Neal Leggo is a geologist with over 35 years’ experience including management, mineral exploration, consulting, resource geology, underground operations and open pit mining. He has worked in a variety of Australian geological terranes and specialises in copper, gold, silver-lead-zinc, and iron ore for which he has the experience required for code-compliant reporting. Neal also has experience with uranium, vanadium, manganese, tin, tungsten, nickel, lithium, niobium, gemstones, mineral sands, and industrial minerals. He provides a range of consulting services including code-compliant (JORC, NI 43-101, VALMIN) reporting and valuation, technical studies, reviews and management of exploration projects. Neal has completed numerous independent technical reports (ITAR, CPR, QPR). David Williams is a resource geologist with over 25 years’ experience in mine geology and Mineral Resource estimation. He is a Competent Person for the JORC reporting of Mineral Resource estimates and is similarly a qualified person for Canadian NI 43-101 Mineral Resource estimate reports. David’s commodity expertise is extensive, and it has been developed fromworking on mining and resource estimation projects in Australia, Africa, Asia and Europe. David is also a specialist on due diligence studies, and he has provided professional opinion for Independent Geologist Reports. Peer review was completed by Ivy Chen, a geologist and corporate governance specialist, with over 30 years’ experience in mining and resource estimation. She served as the national geology and mining adviser for the ASIC from 2009 to 2015. Ivy’s experience in the mining industry in Australia and China, as an operations and consulting geologist includes open pit and underground mines for gold, manganese and chromite, and as a consulting geologist she has conducted mineral project evaluation, strategy development and implementation, through to senior corporate management roles. Recent projects completed include listings and other commercial transactions on the Australian, Singapore, Hong Kong and UK stock exchanges. Ivy is a company director, a member of the VALMIN committee and has completed numerous independent technical reports (ITAR, CPR, QPR) and valuations of mineral assets. 1.4 Independence Neither CSA Global, nor the authors of this Report, has or has had previously, any material interest in AuKing or the mineral properties in which AuKing has an interest. CSA Global’s relationship with AuKing is solely one of professional association between client and independent consultant. CSA Global is an independent geological consultancy. Fees are being charged to AuKing at a commercial rate for the preparation of this Report, the payment of which is not contingent upon the conclusions of the Report. The fee for the preparation of this Report is approximately A$51,400. No member or employee of CSA Global is, or is intended to be, a director, officer or other direct employee of AuKing. No member or employee of CSA Global has, or has had, any shareholding in AuKing. There is no formal agreement between CSA Global and AuKing as to AuKing providing further work for CSA Global. AuKing Mining Limited | PROSPECTUS 77