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Investor Presentaiton

KOONGIE PARK PROJECT ONEDIN DEPOSIT METALLURGY Onedin metallurgical testwork program 020 10 19 030 20 010 Parameters of the testwork program have been finalised - seeking to identify suitable processing solution for the near-surface oxide and transition ores at Onedin. Testwork commenced in March 2022, in conjunction with specialist Perth-based laboratory. Initial results confirm existence of secondary carbonate species in the Onedin mineralisation, and recoveries for Cu, Zn and other minerals > 75%. Currently working on lower-grade near surface material, subject to heavy weathering. This material is dominated by Fe oxide/hydroxide material. AKN proposes to utilise the AmmLeachⓇ ammonia leaching process as part of this metallurgical assessment. AKN has registered this program with Commonwealth R&D tax incentive program and received a $556k refund in relation to work for the 2021 financial year. AUKING AKN 10
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