Presentation re Acquisition of Greenland Niobium Project
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14 October 2026 | aukingmining.com
I N V E S T O R P R E S E N T A T I O N
Acquisition of High-Grade
Niobium Project in Greenland
INVESTOR PRESENTATION | ASX: AKN | aukingmining.com
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Disclaimer andqualifyingstatement
L E G A L N O T I C E S
Disclaimer
The informationcontained inthis presentation hasbeen preparedby AuKing MiningLimited(AKN). Thispresentation isnot anoffer, invitation, solicitation or
other recommendationwith respectto the subscriptionfor, purchase orsale of any securitiesin AKN. This presentationhasbeen made available for
informationpurposes only anddoesnot constitute a prospectus, short formprospectus, profile statement or offer information statement. This presentationis
notsubjectto the disclosure requirementsaffectingdisclosure documents under Chapter6D of the CorporationsAct. While the information contained inthis
presentationhas beenprepared ingood faith, neither AKNnor any of itsDirectors, officers, employees, agentsor advisorsgive any representation or warranty,
express orimplied, as to the fairness, accuracy, completeness or correctnessof the information, opinions andconclusions contained in this presentation.
Accordingly, tothe maximumextentpermittedby law, none of AKN, itsDirectors, officers, employees, agents, advisers, nor any other person accepts any
liability whether direct or indirect, express orlimited, contractual, tortuous, statutory or otherwise, in respectof the accuracy or completeness of the
informationor for any of the opinionscontainedin this presentation or for any errors, omissionsor misstatements or for any loss, howsoever arising, fromthe
use of this presentation. This presentation may contain statements thatmay be deemed ‘forward-looking statements’.
Competent Persons’Statement
The informationin this report that relates to historical explorationresults atthe Qeqertaasaq NiobiumProject and the Tundulu Rare Earth Project is basedon
informationreviewed by Mr MarkMitchell who is a member of the Australian Institute of Geoscientists. Mr Mitchell is an independent consultant to AuKing
MiningLimited(and notan employee) andhassufficient experience which is relevant to the style of mineralisation andtype of depositunder consideration and
to the activity which they are undertaking toqualify asa CompetentPerson as defined inthe 2012 Editionof the ‘Australasian Code forReporting of Exploration
Results, Mineral Resources andOre Reserves.’ Mr Mitchell consents tothe inclusion inthe report of the matters based onhis informationin the formand
contextin which itappears.
Cautionary Statement
The historical results inthis presentationhave notbeen previously reported inaccordance with the JORC Code 2012, and a CompetentPerson has notbeen
provided sufficientdetail to disclose the results inaccordance with the Code. Itis possible thatfollowingfurtherevaluation and/orexploration work that
confidence in the results may be reduced whenreported under the JORC Code 2012. The Company confirms that nothinghascome to its attentionthatcauses
it toquestionthe accuracy orreliability of the results, but the company has not independently validated the results and therefore is notto be regarded as
reporting, adopting or endorsing those results.
This Presentation is authorised by the Board of AuKing
INVESTOR PRESENTATION | ASX: AKN | aukingmining.com
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AStrategic CriticalMinerals Portfolio
S T R A T E G I C F O C U S
In early 2026, AuKing’s reset its strategic focus to critical minerals, and rebuilt the portfolio around that thesis.
O N G O I N G
Koongie Park JV
Cobalt Blue (ASX: COB) earn-in - up to 75% by sole-funding
development
J AN 2 0 2 6
Big Wilson
Tin/Tungsten acquisition announced, adjacent to Renison Bell
A PR 2 0 26
Tundulu
5 km Carbonatite Ring Complex in Malawi - REEs
Niobium & REE Qeqertaasaq
High strength steels,
superalloys, defence
Rare earths (REE) Tundulu
Permanent magnets, EVs,
defence
Tungsten/Tin Big Wilson
Electronics, Defence, hard metals -
Aust Critical Minerals list
Copper · Zinc Koongie Park Electrification - JORC, JV-funded
Uranium Mkuju Nuclear baseload - Adjacent to Nyota
Latest Portfolio Build
Critical Minerals Exposure
O N G O I N G
O C T 20 2 6
Mkuju
Qeqertaasaq
Tanzanian uranium projectnear world class Nyota
High-Grade Niobium and Rare Earths in Greenland
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Qeqertaasaq
High-Grade Niobium
Project in Greenland
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ASignificant NiobiumandREE OpportunityinGreenland
Q E Q E R T A A S A Q
8 of 24 holes ended in mineralisation grading >2% TREO -
open at depth.
> The Qeqertaasaq Project comprises exploration licence
encompassing a substantial 3 x 5km carbonatite complex
> Advanced exploration opportunity into a district scale, high grade,
drilled niobium and rare earth project, mineralised from surface
> Historical exploration has returned high-grade assay results,
including surface samples of up to 11.8% Nb2O5 (sample 199876)1
and 12.3% TREO (sample ID 195831)1
> AuKing to acquire up to 75% interest with no upfront cost
> Transaction structure provides AuKing with a low-entry cost, risk-
managed approach into an extensively explored critical-minerals
project
> Prime opportunity for AuKing to establish itself in West
Greenland’s strategically important niobium and rare earths
province
1NunaMinerals A/S announcement25 October 2010 and Joint NunaMinerals and Korea Resources Corporation
document titled “Qeqertaasaq 2014 field program and budget dated January 2014”, page 17
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Historic High-Grade NiobiumDrilling(1975-76)
Q E Q E R T A A S A Q
8 of 24 holes ended in mineralisation grading >2% TREO -
open at depth.
> Exceptional niobium results from historical
shallow scout holes in 1975 (average depth <10m)
including2:
> 17636 — 15.9m @ 0.80% Nb2O5 from 3.6m
> 17629 — 10.4m @ 1.29% Nb2O5 from 1.9m
> 17590 — 9.04m @ 0.51% Nb2O5 from 2.65m
> 17584 — 5.22m @ 2.73% Nb2O5 from 4.15m
> 17622 — 9.67m @ 0.50% Nb2O5 from 4.78m
> Further deeper niobium drilling in 1976 also
returned outstanding results, including2:
> Qa-11 — 84.37m @ 0.51% Nb2O5 from 13.35m
> Qa-25 — 53.23m @ 0.51% Nb2O5 from 35m
> 17593 — 41m @ 0.75% Nb2O5 from 7.2m
Plan viewof the Qeqertaasaq Project, highlighting location of reported drill holes byKryolitselskabet Øresund
(1975-76) and NunaMinerals (2011-12), including KØ’s notable high-grade Nb2O5 intersections.
2 Gothenborg, J., Keto, L. & Pedersen, J.L. (1976), Exploration of theQaqârssuk Carbonatite Complex 1976,
Kryolitselskabet Øresund A/S, Prospektering, including Appendices 2 and 3.
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NiobiumMineralisation —Open inAllDirections
Q E Q E R T A A S A Q
8 of 24 holes ended in mineralisation grading >2% TREO -
open at depth.
> Historical exploration identified shallow,
pyrochlore-bearing niobium mineralisation
across multiple areas of the Qeqertaasaq
complex
> Niobium mineralisation remaining open in all
directions
> Rare earth mineralisation also identified in
multiple steeply dipping veins and broader
mineralised envelopes
> The principal rare earth‘Discovery Vein’
historically reported over more than 750
metres of strike and at least 200 metres down
dip, remaining open along strike and at depth.
Qeqertaasaq map showing historical 2010 trench-assay results wtihin the REE trenched/targetzone, reported asaverage grades
across the respective sampled trench lengths. Results outside the trenched/target zone represent individual surface spot assays.
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Historic High-Grade Rare EarthTrenching(2010)
Q E Q E R T A A S A Q
8 of 24 holes ended in mineralisation grading >2% TREO -
open at depth.
> Historical shallow trenching in 2010 conducted
by NunaMinerals returned peak REE assay
value of 13.23% TREO3, trenching highlights
include:
> T04 — 5.14% TREO over 3.19m
(Total trench length 3.19m, mineralised for entire interval)
> T01 — 4.18% TREO over 2.12m
(Total trench length 2.19m, mineralised for entire interval)
> T03 — 4.16% TREO over 2.34m
(Total trench length 2.19m, mineralised for entire interval)
Historical trench excavated in 2010 across an REE-bearing carbonatite dyke at Qeqertaasaq. The trench
measured ~2.34mlong by ~0.5mwide, was oriented along an azimuth of 300°, and was located at
approximately 65.38°N,51.65°W (WGS84 datum). 3NunaMinearls2010 Annual Report, page 11
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PreliminaryMetallurgical Testwork—Greater than 80%Recovery
Q E Q E R T A A S A Q
8 of 24 holes ended in mineralisation grading >2% TREO -
open at depth.
> Preliminary metallurgical test work
conducted by NunaMinerals A/S in
conjunction with US-based
IntelliMET LLC4 in 2011
> Up to 82% TREO recovery via rapid
leaching from coarsely crushed
Qeqertaasaq REE mineralisation
under relatively mild hydrochloric
acid conditions at approximately
50 degrees Celcius, without
requiring fine grinding or pre-
concentration
4IntelliMET LLC Report 18 July 2011
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Proposed Metallurgical Testwork
Q E Q E R T A A S A Q
8 of 24 holes ended in mineralisation grading >2% TREO -
open at depth.
> Proposed Rare Earth processing flowsheet for Qeqertaasaq
mineralisation, prioritising physical beneficiation to produce an
REE concentrate, with further processing subject to
metallurgical testwork.
> Proposed Niobium processing flowsheet for Qeqertaasaq
mineralisation, incorporating physical upgrading and flotation
to produce a pyrochlore-bearing niobium concentrate.
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GreenlandExploration —Next Steps
Q E Q E R T A A S A Q
8 of 24 holes ended in mineralisation grading >2% TREO -
open at depth.
> Compilation of historic data to inform
the next stage drilling campaign and
metallurgical test work
> Resource Definition Drilling (approx.
3,000 - 5,000m) to establish an Inferred
MRE
> Bench-scale metallurgical sampling and
test work in support of the proposed
MRE, including verification of historic
results and design of a suitable
beneficiation flow sheet
14 October 2026 | aukingmining.com
I N V E S T O R P R E S E N T A T I O N
Acquisition ofHigh-Grade
Niobium Project in Greenland
Contact
AuKing Mining Limited | ASX: AKN
Paul Williams Managing Director
E p.williams@aukingmining.com
ABN 29 070 859 522
Suite 34, Level 10, Christie Centre
320 Adelaide St, Brisbane QLD 4000
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