AUKING MINING LIMITED ABN 29 070 859 522 Suite 34, Level 10, 320 Adelaide Street, Brisbane Queensland 4000 P 07 3535 1208 W www.aukingmining.com ASX: AKN Page 1 of 37 ASX ANNOUNCEMENT 17 April 2026 AuKing to Acquire High-Grade Tundulu Rare Earths Project in Malawi and Strategic Placement Highlights • AuKing to acquire 100% of the Tundulu Rare Earths Project in south-eastern Malawi – a 5km in diameter intrusive carbonatite complex1 , ranking among the largest and most under-explored rare earth systems in the country. The Project is de-risked by high-grade historical drilling (originally targeting phosphate), highlighting strong potential for a significant rare earth discovery applying modern and REE targeted exploration. • Established carbonatite-hosted rare earths system with historical high-grade drilling results, including2 : JICA drilling (1987, max depth 50m): • 41m @ 3.7% TREO from 8m (JMT-22) (hole ending in mineralisation) • 35m @ 2.7% TREO from 15m incl 14m @ 4.1% TREO from 36m (JMT-17) (hole ending in mineralisation) Mota-Engil / Optichem drilling (2014-2015, average hole depth 127m, with several holes ending in high-grade REE mineralisation, while targeting phosphate): • 15m @ 3.46% TREO from 73m (TU071) • 31m @ 2.27% TREO from 41m (TU048) • 30m @ 4.03% TREO from surface (TU014) • 100m @12.6% P2O5 from 30m (TU042) and • 97m @ 14.4% P2O5 from surface (TU050) • Total of 24 historical drill holes conducted across the project area ended in mineralisation including 8 drill holes that ended in greater than 2% TREO. By way of example drill hole TU073 recorded 10m @ 3.13% TREO from 113m to end of hole (EOH). • Drilling at Nathace Hill has confirmed carbonatite geology, representing one of five topographic highs across the Tundulu Project, with strong potential for Makhanga Hill, Namuka Hill, Ichigwakalu Hill and Tundulu Hill to host carbonatite mineralisation. • Historicalrock chipsamples from JICAprogram in 1988 returnedassays (to bedrilltested) including: • 6.07% TREO at Tundulu Hill eastern flank (sample 7Y196) • 6.41% TREO at Nathace Hill (sample 7Y386) • Located within an emerging world class rare earths district in southern Malawi, in proximity to Lindian Resources’ Kangankunde Project (261Mt @ 2.61% TREO) and the Songwe Hill Project (21Mt @ 1.41% TREO). • Mineralisation appears high in valuable heavy rare earth elements (HREEs) and medium rare earth elements (MREEs), with low levels of uranium and thorium.3 1 Garson, M.S. 1962: The Tundulu carbonatite ring-complex in southern Nyasaland. 2 Drilling programs by Japanese International Co-operation Agency (JICA) in 1987 and Mota-Engil/Optichem JV in 2014. (Refer cautionary statement on page 11 of this Release regarding these historical drilling results). 3 DY6 Metals Ltd (now Tusker Minerals Ltd) 27 May 2024 ASX Release, page 4. Page 2 of 37 AuKingMining Limited P 07 3535 1208 W www.aukingmining.com AuKing Mining Limited (ASX: AKN) (“AuKing” or “the Company”) has agreed to acquire a 100% interest in the Tundulu Rare Earth Elements (REE) project in south-eastern Malawi (Proposed Acquisition). Tundulu Project Overview The Tundulu Rare Earth Elements (REE) Project comprises an area of 91.5 km2 within exploration licence EL 0731/24. The licence area is located approx. 70km south-east of the city of Zomba and 90km east of Blantyre, in the Phalombe District of the Southern Region of Malawi. All-weather roads link these centres with the town of Migowi, approximately 25 km from Tundulu, which is accessible by dirt/gravel roads. Migowi is connected to the national electricity grid. The Tundulu area has a sub-tropical climate with average annual rainfall between 900-1400mm. Tundulu is a well-known carbonatite complex in southern Malawi, enriched in REE mineralisation. The Project is formed of several hills in a ring around a central vent called Nathace Hill where the majority of historical surface sampling and drilling has been undertaken. The predominant geology at Nathace Hill is REE and apatite rich carbonatites and feldspathic breccias and comprises a large inner agglomerate vent. Mineral rich carbonatite also occurs at Tundulu Hill to the east of Nathace Hill and Makhanga Hill to the west of Nathace and is largely unexplored and prospective for REEs. The occurrence of carbonatites is widespread across the region in the presence of fenites and breccias, with lesser but significant mineralisation in the breccia/agglomerate. The rare earth carbonatite shows the highest grades of REE whilst the other host mineral, apatite, has phosphate grades ranging from approximately 5% to 30% P2O5. Lithological strip logs of the drillholes also shows a good correlation between rich apatite (P2O5) and abundant HREE. The carbonatite outcrops are vast and abundant with similar geological settings along the eastern, southern and western side of Nathace Hill and Tundulu Hill above ground level and at higher elevation. The two types of REE mineralised carbonatites are present over an area of 800m east- west around the agglomerate intrusive structure of Nathace Hill. The mineralised body of Nathace Hill is predominantly a carbonatite intrusion and REE mineralisation remains open in multiple AuKing’s Managing Director Paul Williams said: “The proposed acquisition of the Tundulu Rare Earths Project represents a further exciting step in AuKing’s strategy to build exposure to critical minerals through high-quality exploration assets.” “Tundulu is a district-scale carbonatite ring complex in southern Malawi with an interesting profile of bastnaesite and apatite containing abundant rare earth mineralisation and easily accessible by road. AuKing intends to commence exploration activities following completion of the acquisition, with an initial drilling program planned to advance understanding of the mineralisation. Subject to results, the Company is targeting the delivery of an initial Mineral Resource estimate within the next 12 months.” Page 3 of 37 AuKingMining Limited P 07 3535 1208 W www.aukingmining.com directions with significant potential to identify extensions in the western area of Nathace Hill and towards the peak of the inner agglomerate vent. Figure 1 – Tundulu Project location Exploration History The Tundulu Project was first discovered in 1962 by British geologist M.S. Garson. Regional exploration, including over Tundulu, was subsequently undertaken by the Japanese International Cooperation Agency (JICA) in the late 1980s. At Tundulu, JICA completed 27 drill holes for a total of 1,204.8 metres, with a maximum depth of 50 metres. Page 4 of 37 AuKingMining Limited P 07 3535 1208 W www.aukingmining.com More recent exploration was undertaken by Mota-Engil Minerals & Mining and Optichem between 2014 and 2015. This work included 55 drill holes for a total of 7,002 metres, comprising predominantly reverse circulation drillholes with an average depth of 127m. Several holes intersected mineralisation to end of hole, including TU105B, TU110, TU094, TU087 and TU0734 . Historical drilling at Tundulu has identified several continuous zones of high-grade mineralisation and lithological data indicates the presence of REE mineralisation in two types of carbonates, namely a rare earth-rich carbonatite and an apatite carbonatite. Figure 2 – Cross-section diagram, western side of Nathace Hill 4 ASX Release by DY6 Metals Ltd (now Tusker Minerals Ltd) on 27 May 2024, page 1. Page 5 of 37 AuKingMining Limited P 07 3535 1208 W www.aukingmining.com Nearby world-class REE deposits – Kangankunde and Songwe Hill The Tundulu Project is situated near some of the world’s best undeveloped rare earths deposits namely, Lindian Resources’ Kangankunde Project, which is currently under construction and advancing towards first production, and Mkango Minerals’ Songwe Hill Project. Figure 4 – Geological maps of Tundulu and Kangankunde (owned by Lindian ~A$1.68b), Source – Broom-Fendley, Styles, Appleton, Gunn and Wall “American Mineralogist Vol 101, 2016”. Note – the samples shown in Figure 4a were taken by Appleton in 1988 and Broom-Findley in 2011 and are detailed on pages 620, 603 and 607 of that Report Page 6 of 37 AuKingMining Limited P 07 3535 1208 W www.aukingmining.com Kangankunde (Lindian Resources): • Mineral Resource of ~261Mt at ~2.19% TREO (containing ~5.7Mt TREO)5 . • Recently completed a A$100M capital raising • Current Lindian (ASX) share market capitalisation value is ~$1.68Bn. Songwe Hill (Mkango Resources): • Measured + Indicated resource of 21Mt at 1.41% TREO (containing ~297,000 tonnes TREO)6 . • Current Mkango Minerals (TSX-V) share market capitalisation value is A$286M. Figure 5 – Geological maps of Tundulu and Songwe Hill (owned by Mkango ~A$308m), Source – Broom-Fendley et al “2013/Sweden August 2013 SGA Conference Extracts.” Note – Proximate Statements This announcement contains references to JORC and NI 43-101 Mineral Resources derived by other parties either nearby or proximate to the Tundulu Project and includes references to 5 LIN releases to ASX 3 August 2023 and 1 April 2026 6 Mkango Press Release 4 February 2019 Page 7 of 37 AuKingMining Limited P 07 3535 1208 W www.aukingmining.com topographical or geological similarities to that of the Project. It is important to note that such discoveries or geological similarities do not in any way guarantee that the Company will have any success or similar successes in delineating a JORC compliant Mineral Resource on the Tundulu Project, if at all. Figure 3 – Google Earth view of Tundulu Hill and surrounding prospects, near the township of Nambazu Historical Exploration The Tundulu carbonatite complex was first described by M.S. Garson in 1962 in The Tundulu CarbonatiteRing-ComplexinSouthernNyasaland (Memoir No. 2, GeologicalSurveyof Nyasaland). JICA Drilling Program (1987) The Japanese International Cooperation Agency (JICA) undertook regional exploration, including drilling at Tundulu, in 1987, with results reported in 1988. At Tundulu, JICA completed 27 drill holes for a total of 1,204.8 metres, with a maximum depth of 50 metres. Full results are provided in Annexure B. It should be noted that the JICA results did not include the full suite of REEs, but only Ce, Eu, La, Nd, Sm, Tb & Y. Page 8 of 37 AuKingMining Limited P 07 3535 1208 W www.aukingmining.com Figure 6 – Map of historical drilling at Tundulu – Note the drillholes are from the JICA drilling in 1987 and Mota-Engil/Optichem drilling in 2014-15, the rock ships by JICA, and the DY6/Tusker trenching further details of which are set out in Appendix C Mota-Engil / Optichem Drilling Program (2014–2015) Nathace Hill, located at the centre of the Tundulu complex, was previously held by Optichem 2000 Ltd., a Malawian fertiliser company, for phosphate extraction. Through a joint venture with Optichem, Mota-Engil Minerals and Mining evaluated the REE potential of Nathace Hill. A total of 55 drill holes were completed for 7,002 metres, supported by reopening of 11 historic trenches and a ground radiometric survey. Drilling reached an average depth of 127 metres, with the deepest hole at 221 metres. Page 9 of 37 AuKingMining Limited P 07 3535 1208 W www.aukingmining.com Several holes ended in mineralisation, including TU105B, TU110, TU094, TU087 and TU073.7 The historical drilling results indicate that the mineralisation is high in valuable medium rare earth elements (MREEs), with low measurable radioactive uranium (U). These initial interpretations are taken from the historic drill assay results shown in Appendix B. Taking into account the significant intersections listed in Appendix B, a weighted average grade of 18.7ppm U can be determined for the mineralisation and is considered non-naturally occurring radioactive materials (non-NORM)8 . Historical reconnaissance sampling9 Eighty-five geochemical samples (See Appendix C) collected by JICA in 1988, largely focused on the REE and phosphate carbonatites and related feldspathic and syenite rocks over Tundulu and the eastern side of Nathace Hill. The historic results confirm high REE and phosphate mineralisation in the outcrop samples, with 25 samples returning >1 wt.% TREO and the highest individual surface sample of 6.4 wt.% TREO. P2O5 mineralisation was encountered throughout the sampled outcrops (See Table 1 below). Table 1 – Summary of significant TREO results from JICA rock chips over Nathace and Tundulu Hill Notably several of the high-grade apatite carbonatite samples also exhibited high rare earth mineralisation. The lithogeochemical results indicating two types of REE mineralisation in carbonatite exhibiting high TREO and low P2O5 and the other apatite carbonatite with high P2O5 and lower TREO. Tusker Minerals completed two reconnaissance field visits to Nathace and Tundulu Hill in December 2023 and February 2024 to confirm the nature and extent of the REE mineralised outcrops identified by previous explorers and to collect random rock chips near previous 7 ASX Release by DY6 Metals Ltd (now Tusker Minerals Ltd) on 27 May 2024, page 1 highlights. 8 DY6 Metals 27 May 2024 ASX Release, page 4. 9 DY6 Metals 27 May 2024 ASX Release, page 5. Page 10 of 37 AuKingMining Limited P 07 3535 1208 W www.aukingmining.com exploration activity. A total of 16 samples were assayed, with five returning grades of over 1% TREO, validating the previous targeted sampling (See Table in Appendix C). A channel sampling program was previously undertaken in 2014 for 10 trenches totalling 600m in an east-west orientation. A summary of the trench results is presented in Appendix C (c). Each trench was geologically logged. Geological mapping identified mineralised zones and confirmed continuity of rare earth carbonatite mineralisation at surface with trench 10 showing significant TREO values up to 4.6 wt.% and 20m at >2 wt.% TREO10 . Figure 7 – Tundulu Hill geological setting enriched with carbonatite outcrops and Nathace Hill in the background. Tundulu Next Steps Applying modern exploration techniques, AuKing’s next steps include utilising airborne (drone- based) LIDAR and magnetics to understand the structural controls on the mineralising phases of the system and aide in planning AuKing’s initial drilling program at Tundulu. The initial drilling program serves a dual purpose namely, to both extend the continuity of the known mineralisation to the north, south and west of Nathace Hill (intersecting identified structures targeting zones of hydrothermally upgraded REE) and also to define additional resources at Tundulu Hill, where historical anomalous rock chip samples and shallow drilling have all given indications of a much larger system than what has been previously targeted. Initial mineralology and metallurgical testwork will also be undertaken on representative drillhole samples. 10 DY6 Metals 27 May 2024 ASX Release, page 9. Page 11 of 37 AuKingMining Limited P 07 3535 1208 W www.aukingmining.com Cautionary Statement Regarding Historical Exploration Results The historical exploration referred to in this release were not prepared or reported in accordance with the JORC Code 2012. A Competent Person has not completed sufficient work to disclose the exploration results in accordance with the JORC Code 2012. It is possible that, following further evaluation and/or exploration work, the confidence in the historical results may be reduced when reported under the JORC Code 2012. Nothing has come to the attention of AuKing that causes it to question the accuracy or reliability of the former owners’ exploration results. However, AuKing has not independently validated those exploration results and therefore does not adopt, endorse or report them as JORC 2012 compliant. Transaction Structure The Proposed Acquisition comprises the following staged consideration: Exclusivity Payment A non-refundable A$50,000 cash payment (already paid) to secure a 40-day exclusivity period, during which: (a) AuKing has completed satisfactory legal and technical due diligence; (b) AuKing and TSK having obtained ASX clearance under Chapter 11 of the ASX Listing Rules; and (c) Binding transaction documentation has been finalised and signed by the parties. Each of the actions in (a), (b), and (c) above have now been completed. On Completion A$1,000,000 cash and: (a) A$1,250,000 in fully paid ordinary AKN shares issued (subject to voluntary restriction as set out below) on the same terms as the proposed capital raising to be undertaken by AuKing in connection with the Proposed Acquisition (see details below); and (b) A$1,000,000 in performance shares, subject to milestone-based consideration set out below. A total of 57,142,857 performance shares will be issued at a price of $0.0175 per security. Each of the shares listed in (a) and (b) above will be issued by the Company pursuant to its existing capacity under ASX Listing Rule 7.1. TSK will agree to voluntarily escrow the shares in para (a) above for a 12-month period, pursuant to a suitable deed to that effect. • A$1,100,000 cash payment to TSK within 6 months of completion; and • A$1,100,000 payable within 12 months of completion. Page 12 of 37 AuKingMining Limited P 07 3535 1208 W www.aukingmining.com The performance shares will convert into fully paid ordinary shares upon satisfaction of a defined performance milestone (Performance Hurdle), being the reporting of a JORC-compliant Mineral Resource of at least 25Mt at 1.25% TREO at the Tundulu Project. The performance shares shall be satisfied by AKN issuing that number of ordinary shares at the 90- day VWAP as at the date of satisfaction of the Performance Hurdle subject to a maximum of 1 ordinary share for each performance share. In other words, each performance share will convert based on the formula $0.0175/(90 day VWAP) subject to a maximum conversion rate of 1 ordinary share for each performance share. Completion of the Proposed Acquisition is subject to approval for the transfer of the Tundulu licence to AuKing’s subsidiary Tundulu Rare Earths Limited by the Mining and Minerals Regulatory Authority (MMRA) in accordance with the Malawi Mines and Minerals Act 2023. Strategic Capital Raising The Company has received commitments from institutional and sophisticated investors to raise approximately $3M for the Company’s proposed activities. It should be noted that the Company obtained approval at its recent extraordinary general meeting to undertake this placement of shares. A maximum 200M new shares are to be issued at a price of $0.015 per share under the placement. The intended use of the funds to be raised will be for the following activities: • Fund the initial payment to TSK in accordance with the Proposed Acquisition of the Tundulu project; • Provide funding for the initial exploration and drilling that is planned at Tundulu after completion of the Proposed Acquisition has occurred; • Provide funding for proposed exploration activities at the Company’s other projects in Tanzania and Tasmania; • Pay for the costs of the new raising; and • Working capital funding. The Lead Manager to the proposed capital raising will be GBA Capital Pty Ltd and upon successful completion of the raising, they will receive a fee comprising the following: • 40M AKNO Options, exercisable at $0.006 on or before 31 December 2026 (to be issued under the Company’s existing capacity under ASX Listing Rule 7.1); • 6% cash fee calculated by reference to the amount of funds raised. AuKing’s Diversified Exploration Portfolio The proposed Tundulu acquisition is consistent with AuKing’s strategic diversification into high quality exploration projects that are focused on critical and other important minerals, now comprising the following: Page 13 of 37 AuKingMining Limited P 07 3535 1208 W www.aukingmining.com • Koongie Park copper-zinc-silver project in Western Australia (joint venture with Cobalt Blue Holdings Ltd); • Mkuju uranium project in southern Tanzania; and • Big Wilson tin-tungsten project in north-western Tasmania. AuKing intends to progress an aggressive approach towards the commencement of exploration activities at each of its project holdings, with results expected to provide ongoing market updates over time. ASX Disclosure regarding Historical Exploration Results This ASX release contains information derived from public disclosures of former owners and explorers of the Tundulu project area. In accordance with ASX disclosure requirements the following additional matters need to be noted: • The historical exploration results reported in this release were made by companies other than AuKing, including Tusker Minerals Ltd (TSK), which is listed on the ASX; • Copies of the historical exploration results are available as publicly available reports including: o Report on the Cooperative Mineral Exploration in the Chilwa Alkaline Area, Republic of Malawi (Phase II). Report by Japan International Cooperation Agency (JICA) March 1988. o Update Report on the Tundulu Phosphate and Rare Earth Project. Report compiled by A.W. Kruger for Mota Engil, April 2016. • It is not known if these reports were published on a stock exchange platform. In addition, the historical exploration results from these reports can be obtained from ASX filings of TSK, particularly ASX release dated 27 May 2024; • The historical exploration results relating to the JICA and Mota Engil-Optichem drilling programs are not believed to conform to the requirements of the JORC Code 2012; • AuKing’s Competent Person believes that, due to these historical exploration results relating to early-stage activities and being confirmed by competent technical persons from the respective companies, it is reasonable to rely on these results in the manner presented in this release; • AuKing intends (from now on) to report its own exploration results after the conduct of planned activities in accordance with the JORC Code 2012, utilising the historical exploration results as a general background rather than the basis for future reporting; • Details of the proposed future exploration activities that needs to be completed before exploration results can be reported in accordance with the JORC Code 2012 comprise mostly AuKing’s initial drilling program, intended to commence as soon as possible after completion of the Proposed Transaction – proposed for late May, subject to drilling rig availability; • Funding of the exploration activities will be from the $3M Strategic Capital Raising outlined above; • A statement by Ian Hodkinson, Competent Person is set out below; • A cautionary statement in relation to the historical exploration results included in this release is set out above; and Page 14 of 37 AuKingMining Limited P 07 3535 1208 W www.aukingmining.com • AuKing has no other reason to suspect that the historical exploration results as reported in this release are misleading. Previous DisclosuresRelating to Tundulu Metallurgical Results On 17 October 2024, DY6 Metals Ltd (now Tusker Minerals Limited) announced preliminary metallurgical results in accordance with the 2012 JORC Code as follows: “ A total of 63 metallurgical samples were collected from 37 sample locations along high-grade historic trench (TUTR10) at Tundulu. Sampling results returned up to a high of 3.35% TREO and 27.5% P2O5 (average of 0.85% TREO and 8.26% P2O5) over the sampled 83m length of trench TUTR10. The average HREO component of the TREO basket was 13%, with high-value heavy rare earth elements Dy & Tb contributing 2.5%. Undetectable to very low levels of deleterious elements including mercury, lead and cadmium in the P-rich rocks confirms the exceptional grade quality of the phosphate at Tundulu. The sampling is representative of the mineralised Bastnaesite and Apatite carbonatite rock types exposed within the trench. Select samples are being collected to form a 150kg composite to be sent to for metallurgical analysis. 5 bioavailability composite samples were also taken across various historical trenches at Tundulu, targeting phosphate rich rocks. ‘Bioavailability’ is used for analysis on phosphorous rock sources to determine the solubility of phosphate in soils. This analysis is useful in determining whether a particular phosphate rock type is suitable for direct fertiliser applications where the phosphate would be applied directly to the soil for uptake. The analysis has been undertaken at Nagrom metallurgical and analytical laboratory in Kelmscott, Western Australia under standard atmospheric conditions using 2% citric acid. The majority of samples showed excellent phosphorus (P) solubility of over 40%, with one returning solubility of 81%. The exceptional quality of the phosphate-rich rocks at Tundulu is manifested by their undetectable to very low levels of deleterious elements including mercury, lead and cadmium. The metallurgical test work will aim to evaluate historical studies undertaken at Tundulu and assess the findings from a 2017 metallurgical report, completed by the previous operators of the licence. The test work will initially focus on validating the beneficiation results achieved by the previous laboratory. Conducting test work at this early stage enables the Company to ascertain the preliminary viability of producing two product streams: namely a REE commercially saleable concentrate and a mixed phosphate concentrate containing rare earths.” AuKing has carefully reviewed this material and, in conjunction with the Competent Person, formed the view that the samples taken for this work were too limited and not representative of the overall Tundulu deposit – being samples taken from one trench (TUTR10) and from near surface. It is AuKing’s intention to carry out metallurgical testwork on samples taken from the proposed Page 15 of 37 AuKingMining Limited P 07 3535 1208 W www.aukingmining.com drilling program at Tundulu, across a range of holes and at varying depths across the holes themselves. Until such time as that testwork is conducted, AuKing does not propose to report metallurgical testwork in relation to the Tundulu project area. Approved by the Board of AuKing Mining Limited. For more information: Paul Williams Kristin Rowe Managing Director NWR Communications M +61 419 762 487 M +61 404 88 98 96 E p.williams@aukingmining.com E kristin@nwrcommunications.com.au Abbreviations • TREO = Total Rare Earth Oxides – La2O3, CeO2, Pr6O11, Nd2O3, Sm2O3, Eu2O3, Gd2O3, Tb4O7, Dy2O3, Ho2O3, Er2O3, Tm2O3, Yb2O3, Lu2O3, Y2O3 (Pm2O3 excluded by tradition) • HREO = Heavy Rare Earth Oxides – Tb4O7, Dy2O3, Ho2O3, Er2O3, Tm2O3, Yb2O3, Lu2O3, Y2O3 • MREE = Nd, Pr, Dy, Tb • P = Phosphorus • NDPR% = (Nd + Pr)/TREO • P2O5 = Phosphorus pentoxide • LIDAR = Light Detection and Ranging - a remote sensing technology that uses laser light pulses to measure distances and create highly detailed 3D maps or models of the Earth's surface, objects, or environments. Competent Persons’ Statement The information in this report that relates to historical exploration results at the Tundulu Rare Earths Project is based on information reviewed by Mr Ian Hodkinson who is a member of the Australian Institute of Geoscientists. Mr Hodkinson is a consultant to AuKing Mining Limited and has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which they are undertaking to qualify 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 Hodkinson consents to the inclusion in the report of the matters based on his information in the form and context in which it appears. Page 16 of 37 AuKingMining Limited P 07 3535 1208 W www.aukingmining.com APPENDIX A - Historical drill collar locations Hole ID Easting Northing Elev Azimuth Dip Depth JMT01 802145 8280662 700 0 -90 50.3 JMT02 802287 8280465 695 0 -90 50.3 JMT03 801867 8280683 722 0 -90 50.3 JMT04 802143 8280463 754 0 -90 50.3 JMT05 802118 8280263 806 0 -90 50.3 JMT06 801675 8280828 684 0 -90 50.4 JMT07 801327 8280130 744 0 -90 50.2 JMT08 801136 8280047 858 0 -90 50.2 JMT09 801837 8280071 786 0 -90 50.1 JMT10 801990 8280071 833 0 -90 50.1 JMT11 801985 8280268 835 0 -90 50.2 JMT12 801990 8280463 791 0 -90 50.2 JMT13 801839 8280454 740 0 -90 50.3 JMT14 801320 8280273 715 0 -90 50.2 JMT15 801216 8280153 801 0 -90 50.2 JMT16 801265 8280032 805 0 -90 50.1 JMT17 801081 8279899 769 0 -90 50.1 JMT18 801230 8279941 781 0 -90 50.1 JMT19 801337 8279974 731 0 -90 50.1 JMT20 801132 8280342 721 0 -90 50.2 JMT21 801260 8280284 724 0 -90 50.1 JMT22 801334 8280212 727 0 -90 50.2 JMT23 801267 8280111 787 0 -90 50.2 JMT24 801330 8280044 752 0 -90 50.1 JMT25 801332 8280096 747 0 -90 50.3 JMT26 801329 8280166 739 0 -90 50.2 JMT27 801280 8280214 742 0 -90 50.2 TU001 801095.8 8280353 699.29 0 -55 151 TU001A 801094.4 8280347 699.68 180 -61.5 61 TU002 801161.6 8280390 690.11 190 -52.2 100 TU005 801218.5 8280386 691.48 195 -61.1 120 TU007 801260.4 8280352 698.79 200 -65.7 107 TU008 801292.7 8280383 689.86 200 -64 121 TU010 801293.2 8280328 702.07 220 -59.4 100 TU011 801322.5 8280345 695.8 220 -65.7 148 TU013 801347.3 8280289 704.93 240 -67.9 120 TU014 801378.8 8280301 695.65 220 -60.9 150 TU015 801306.7 8280232 740.33 225 -55 60 TU016 801367.6 8280257 710.01 236.9 -58.4 101.42 TU018 801392 8280239 707.51 240 -54.8 150 TU020 801373.8 8280209 720.55 270 -60.8 91 Page 17 of 37 AuKingMining Limited P 07 3535 1208 W www.aukingmining.com Hole ID Easting Northing Elev Azimuth Dip Depth TU024 801233.4 8280255 737.91 40 -65.6 150 TU025 801286.5 8280238 741.17 42 -72.7 153 TU026 801279.3 8280197 759.27 70 -71.6 140 TU030 801363.6 8280181 730.02 260 -61.3 101 TU031 801414.4 8280177 712.54 260 -56.9 200.7 TU033 801368.2 8280151 733.75 267 -65.3 150 TU034 801314.6 8280108 768.72 0 -85.3 140 TU035 801368.8 8280115 736.06 270 -72.5 163 TU036 801398.2 8280122 723.27 270 -56.3 190 TU040 801393.3 8280078 726.94 280 -55 221.42 TU