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 3 1.5 Declarations 1.6 Context, Scope and Terms of Reference CSA Global Pty Ltd (CSA Global), an ERM Group company, was requested by AuKing Mining Limited (AuKing) to prepare an Independent Technical Assessment Report (ITAR or the “Report”) for use in a prospectus to support a public offering of shares for AuKing to raise funds and enable a listing on the Australian Securities Exchange (ASX). The funds raised will be used for the purpose of exploration and evaluation of the project areas. 1.6.1 Purpose of this Document This Report has been prepared by CSA Global at the request of, and for the sole benefit of AuKing. Its purpose is to provide an independent technical assessment of AuKing’s mineral assets in WA. The Report is to be included in its entirety or in summary form within a prospectus to be prepared by AuKing, in connection with a listing on the ASX. It is not intended to serve any purpose beyond that stated and should not be relied upon for any other purpose. The statements and opinions contained in this Report are given in good faith and in the belief that they are not false or misleading. The conclusions are based on the reference date of 1 July 2020 and could alter over time depending on exploration results, mineral prices and other relevant market factors. 1.6.2 Practitioner/Competent Person’s Statements The information in this Report that relates to Technical Assessment of the Mineral Assets, Exploration Targets, or Exploration Results is based on information compiled and conclusions derived by Mr Neal Leggo, a Competent Person who is a Member of the AIG. Mr Leggo is employed by CSA Global. Mr Leggo has sufficient experience that is relevant to the Technical Assessment of the Mineral Assets under consideration, the style of mineralisation and types of deposit under consideration and to the activity being undertaken to qualify as a Practitioner as defined in the 2015 Edition of the “Australasian Code for the public reporting of technical assessments and Valuations of Mineral Assets”, and as a Competent Person as defined in the 2012 Edition of the “Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves”. Mr Leggo consents to the inclusion in the ITAR of the matters based on his information in the form and context in which it appears. The information in this report that relates to Mineral Resources is based on, and fairly reflects, information compiled by Mr David Williams, a Competent Person, who is an employee of CSA Global Pty Ltd and a Member of the AIG (#4176). Mr Williams has sufficient experience relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as Competent Person as defined in the 2012 Edition of the Australasian Code for the Reporting of Exploration Results, Mineral Resources, and Ore Reserves (JORC Code). Mr Williams consents to the disclosure of information in this report in the form and context in which it appears. 1.6.3 Site Inspection During its work on the Koongie Park project in 2006 through 2009, CSA Global conducted substantial fieldwork including supervision of drilling and extensive re-logging of historical drill core with a number of CSA Global staff members visiting site. No additional site visit was made to the projects by the authors of this report as part of this assignment. CSA Global consider that there would be little additional material information to be gained from a further site visit, as there has been minimal base metal exploration on the project since the time of the earlier fieldwork. 1.7 About this Report AuKing has secured the right to earn up to a 75% interest in mineral assets in the East Kimberley region in the north of WA which are the subject of this report. The geology and mineralisation for the project areas is 6. Independent Technical Report continued 78