# AKN: Quarterly Activities Report

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/akn-quarterly-activities-report--3cda87e3-bd36-49be-ae8e-66cce01f3d59

Original source: https://www.asx.com.au/asx/v2/statistics/displayAnnouncement.do?display=pdf&idsId=03155504

Publisher: asx

Original announcement: 2026-10-21T21:23:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-10-21T22:37:09.894Z

Atlas analysis updated: 2026-10-21T22:37:09.894Z

- Company: AUKING MINING LIMITED

- Ticker: AKN

- Exchange: ASX

- Region: Unavailable

- Primary commodity: Rare earths

- Secondary commodities: Niobium, Tin, Silver, Tungsten, Copper, Zinc, Uranium

- Document categories: Drill results, Agreement transaction, Capital raise

- Extracted: 2026-10-21 22:37:10 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

AuKing Mining Limited reported strong drill results from its Tundulu Rare Earths Project in Malawi, including wide intervals of high-grade TREO and significant HREE+Y enrichment, expanding the known mineralized footprint. The company also expanded its portfolio by acquiring the Machinga Heavy Rare Earths Project and entering an earn-in agreement for the Qeqertaasaq Niobium and Rare Earths Project in Greenland, which includes historical high-grade niobium intercepts. These activities were supported by a successful $5 million share placement and a $9.14 million option underwriting.

Reasoning: The report details strong new drill results from the Tundulu Rare Earths Project, including wide, high-grade rare earth intercepts and significant HREE+Y enrichment, which expanded the known mineralized footprint. The company also expanded its project portfolio with the acquisition of Machinga and an earn-in for Qeqertaasaq \(including strong historical niobium results\), supported by successful capital raises.

- Positive factor: High-grade rare earth intercepts at Tundulu

- Positive factor: Wide intercepts at Tundulu

- Positive factor: Significant HREE+Y enrichment at Tundulu

- Positive factor: Expansion of mineralized footprint at Nathace Hill through step-out drilling

- Positive factor: Acquisition of Machinga Heavy Rare Earths Project

- Positive factor: Earn-in agreement for Qeqertaasaq Niobium and Rare Earths Project

- Positive factor: Successful $5 million share placement

- Positive factor: Underwriting of $9.14 million in options

- Negative factor: Qeqertaasaq drill results are historical

- Negative factor: No new activities at Koongie Park or Myoff Creek

- Negative factor: Assays pending for some Tundulu holes

Facts used in scoring: 52

## Classification and evidence

**Bonanza Intercept**

Polarity: positive

Definition: Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: The intercept 15m @ 3.40% TREO from 90m in hole 26NH005 is exceptionally high-grade for rare earths.

Evidence · text

> Including 15m @ 3.40% TREO from 90m

**Bonanza Intercept**

Polarity: positive

Definition: Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: The intercept 11m @ 4.33% TREO from 2m in hole 26NH029 is exceptionally high-grade for rare earths.

Evidence · text

> Including 11m @ 4.33% TREO from 2m

**Bonanza Intercept**

Polarity: positive

Definition: Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: The intercept 20m @ 4.26% TREO from surface in hole 26NH011 is exceptionally high-grade for rare earths.

Evidence · text

> Including 20m @ 4.26% TREO from surface

**Bonanza Intercept**

Polarity: positive

Definition: Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: The intercept 8m @ 3.39% TREO from 2m in hole 26NH002 is exceptionally high-grade for rare earths.

Evidence · text

> Including 8m @ 3.39% TREO from 2m

**Step-Out Extension**

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Why it applies: Drill hole 26NH014 was specifically designed as a step-out hole to test the broader extent of the mineralised system.

Evidence · text

> Drill hole 26NH014 was specifically designed as a step-out hole, located further from the primary Nathace Hill target area and drilled away from the target to test a southern magnetic low identified during the airborne survey conducted in May. Several intervals of TREO mineralisation were intersected within the magnetic anomaly, providing further support for the broader extent of the mineralised system at Nathace Hill.

**Step-Out Extension**

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Why it applies: Step-out drilling in 26NH030 and 26NH009 at south-west Nathace Hill revealed high-grade rare earth mineralisation beyond the previously interpreted carbonatite footprint.

Evidence · text

> Step-out drilling in 26NH030 and 26NH009 at south-west Nathace Hill has revealed high-grade rare earth mineralisation beyond the previously interpreted carbonatite footprint.

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: The release mentions samples awaiting assays at Intertek’s laboratory in Perth, indicating QA/QC procedures are in place.

Evidence · text

> a further 2,047 samples awaiting assays at Intertek’s laboratory in Perth.

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: The Qeqertaasaq niobium results are from historical scout drilling undertaken in 1975 and 1976.

Evidence · text

> Exceptional niobium results from historical shallow scout holes in 1975 \(average depth <10m\)

**Apparent Width Only**

Polarity: negative

Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: The historical Qeqertaasaq results are from 'shallow scout holes' with 'average depth <10m', and no true width is reported.

Evidence · text

> Exceptional niobium results from historical shallow scout holes in 1975 \(average depth <10m\)

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: The Qeqertaasaq project's historical niobium grades are compared favorably with Canada’s established underground Niobec operation to highlight its potential.

Evidence · text

> Qeqertaasaq’s shallow historical niobium grades compare favourably with those mined at Canada’s established underground Niobec operation, which is responsible for approximately 7–8% of global niobium consumption and hosts mineralised envelopes averaging 0.37-0.42% Nb₂O₅

## Extracted facts

Stored fact records: 52. Some facts used in scoring do not have a stored record.

## Drill Results (52)

### 26NH005

[Link to this fact](https://atlas-staging.minestarters.com/news/akn-quarterly-activities-report--3cda87e3-bd36-49be-ae8e-66cce01f3d59#fact-drill-facts-0)

Tundulu Rare Earths · rare\_earths

#### Identity

- Hole ID: 26NH005
- Project: Tundulu Rare Earths
- Commodity: rare\_earths
- Region: malawi
- Reported Region: malawi
- Ticker: AKN

#### Geometry

- Grade: 1.51
- Grade Unit: %
- Intercept: 91 m
- From: 40 m
- To: 131 m
- Intercept Depth: 40 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: 26NH005:40-131

#### QA/QC

- Laboratory: Intertek

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: A wide, high-grade rare earth intercept from new drilling at Tundulu, contributing significantly to the project's potential.

- Positive factor: Wide intercept

- Positive factor: High-grade rare earth mineralization

Evidence · text

> 26NH005 - 91m @ 1.51% TREO from 40m

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### 26NH005

[Link to this fact](https://atlas-staging.minestarters.com/news/akn-quarterly-activities-report--3cda87e3-bd36-49be-ae8e-66cce01f3d59#fact-drill-facts-1)

Tundulu Rare Earths · rare\_earths

#### Identity

- Hole ID: 26NH005
- Project: Tundulu Rare Earths
- Commodity: rare\_earths
- Region: malawi
- Reported Region: malawi
- Ticker: AKN

#### Geometry

- Grade: 2
- Grade Unit: %
- Intercept: 43 m
- From: 77 m
- To: 120 m
- Intercept Depth: 77 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: 26NH005:77-120

#### QA/QC

- Laboratory: Intertek

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: A significant high-grade sub-interval within a broader intercept, enhancing the overall prospectivity of the drill hole.

- Positive factor: High-grade sub-interval

- Positive factor: Good width

Evidence · text

> Including 43m @ 2.00% TREO from 77m

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### 26NH005

[Link to this fact](https://atlas-staging.minestarters.com/news/akn-quarterly-activities-report--3cda87e3-bd36-49be-ae8e-66cce01f3d59#fact-drill-facts-2)

Tundulu Rare Earths · rare\_earths

#### Identity

- Hole ID: 26NH005
- Project: Tundulu Rare Earths
- Commodity: rare\_earths
- Region: malawi
- Reported Region: malawi
- Ticker: AKN

#### Geometry

- Grade: 3.4
- Grade Unit: %
- Intercept: 15 m
- From: 90 m
- To: 105 m
- Intercept Depth: 90 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: 26NH005:90-105

#### QA/QC

- Laboratory: Intertek

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: An exceptionally high-grade sub-interval, indicating a bonanza zone within the broader rare earth mineralization.

- Positive factor: Very high-grade sub-interval

- Positive factor: Bonanza grade

Evidence · text

> Including 15m @ 3.40% TREO from 90m

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### 26NH029

[Link to this fact](https://atlas-staging.minestarters.com/news/akn-quarterly-activities-report--3cda87e3-bd36-49be-ae8e-66cce01f3d59#fact-drill-facts-3)

Tundulu Rare Earths · rare\_earths

#### Identity

- Hole ID: 26NH029
- Project: Tundulu Rare Earths
- Commodity: rare\_earths
- Region: malawi
- Reported Region: malawi
- Ticker: AKN

#### Geometry

- Grade: 1.54
- Grade Unit: %
- Intercept: 80 m
- From: 0 m
- To: 80 m
- Intercept Depth: 0 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: 26NH029:0-80

#### QA/QC

- Laboratory: Intertek

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: A wide, high-grade rare earth intercept starting from surface, indicating significant near-surface mineralization.

- Positive factor: Wide intercept

- Positive factor: High-grade rare earth mineralization

- Positive factor: From surface

Evidence · text

> 26NH029 - 80m @ 1.54% TREO from surface

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### 26NH029

[Link to this fact](https://atlas-staging.minestarters.com/news/akn-quarterly-activities-report--3cda87e3-bd36-49be-ae8e-66cce01f3d59#fact-drill-facts-4)

Tundulu Rare Earths · rare\_earths

#### Identity

- Hole ID: 26NH029
- Project: Tundulu Rare Earths
- Commodity: rare\_earths
- Region: malawi
- Reported Region: malawi
- Ticker: AKN

#### Geometry

- Grade: 2
- Grade Unit: %
- Intercept: 30 m
- From: 0 m
- To: 30 m
- Intercept Depth: 0 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: 26NH029:0-30

#### QA/QC

- Laboratory: Intertek

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: A significant high-grade sub-interval starting from surface, enhancing the near-surface potential of the drill hole.

- Positive factor: High-grade sub-interval

- Positive factor: Good width

- Positive factor: From surface

Evidence · text

> Including 30m @ 2.00% TREO from surface

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### 26NH029

[Link to this fact](https://atlas-staging.minestarters.com/news/akn-quarterly-activities-report--3cda87e3-bd36-49be-ae8e-66cce01f3d59#fact-drill-facts-5)

Tundulu Rare Earths · rare\_earths

#### Identity

- Hole ID: 26NH029
- Project: Tundulu Rare Earths
- Commodity: rare\_earths
- Region: malawi
- Reported Region: malawi
- Ticker: AKN

#### Geometry

- Grade: 4.33
- Grade Unit: %
- Intercept: 11 m
- From: 2 m
- To: 13 m
- Intercept Depth: 2 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: 26NH029:2-13

#### QA/QC

- Laboratory: Intertek

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: An exceptionally high-grade sub-interval, indicating a bonanza zone within the rare earth mineralization.

- Positive factor: Very high-grade sub-interval

- Positive factor: Bonanza grade

Evidence · text

> Including 11m @ 4.33% TREO from 2m

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### 26NH029

[Link to this fact](https://atlas-staging.minestarters.com/news/akn-quarterly-activities-report--3cda87e3-bd36-49be-ae8e-66cce01f3d59#fact-drill-facts-6)

Tundulu Rare Earths · rare\_earths

#### Identity

- Hole ID: 26NH029
- Project: Tundulu Rare Earths
- Commodity: rare\_earths
- Region: malawi
- Reported Region: malawi
- Ticker: AKN

#### Geometry

- Grade: 2.03
- Grade Unit: %
- Intercept: 26 m
- From: 53 m
- To: 79 m
- Intercept Depth: 53 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: 26NH029:53-79

#### QA/QC

- Laboratory: Intertek

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: A significant high-grade sub-interval, further demonstrating the continuity of mineralization at depth.

- Positive factor: High-grade sub-interval

- Positive factor: Good width

Evidence · text

> Including 26m @ 2.03% TREO from 53m

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### 26NH029

[Link to this fact](https://atlas-staging.minestarters.com/news/akn-quarterly-activities-report--3cda87e3-bd36-49be-ae8e-66cce01f3d59#fact-drill-facts-7)

Tundulu Rare Earths · rare\_earths

#### Identity

- Hole ID: 26NH029
- Project: Tundulu Rare Earths
- Commodity: rare\_earths
- Region: malawi
- Reported Region: malawi
- Ticker: AKN

#### Geometry

- Grade: 2.74
- Grade Unit: %
- Intercept: 12 m
- From: 56 m
- To: 68 m
- Intercept Depth: 56 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: 26NH029:56-68

#### QA/QC

- Laboratory: Intertek

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: A significant high-grade sub-interval, further demonstrating the continuity of mineralization at depth.

- Positive factor: High-grade sub-interval

- Positive factor: Good width

Evidence · text

> Including 12m @ 2.74% TREO from 56m

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### 26NH011

[Link to this fact](https://atlas-staging.minestarters.com/news/akn-quarterly-activities-report--3cda87e3-bd36-49be-ae8e-66cce01f3d59#fact-drill-facts-8)

Tundulu Rare Earths · rare\_earths

#### Identity

- Hole ID: 26NH011
- Project: Tundulu Rare Earths
- Commodity: rare\_earths
- Region: malawi
- Reported Region: malawi
- Ticker: AKN

#### Geometry

- Grade: 1.51
- Grade Unit: %
- Intercept: 72 m
- From: 0 m
- To: 72 m
- Intercept Depth: 0 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: 26NH011:0-72

#### QA/QC

- Laboratory: Intertek

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: A wide, high-grade rare earth intercept from surface in a step-out hole, expanding the known mineralized footprint.

- Positive factor: Wide intercept

- Positive factor: High-grade rare earth mineralization

- Positive factor: From surface

- Positive factor: Step-out extension

Evidence · text

> 26NH011 - 72m @ 1.51% TREO from surface

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### 26NH011

[Link to this fact](https://atlas-staging.minestarters.com/news/akn-quarterly-activities-report--3cda87e3-bd36-49be-ae8e-66cce01f3d59#fact-drill-facts-9)

Tundulu Rare Earths · rare\_earths

#### Identity

- Hole ID: 26NH011
- Project: Tundulu Rare Earths
- Commodity: rare\_earths
- Region: malawi
- Reported Region: malawi
- Ticker: AKN

#### Geometry

- Grade: 2.03
- Grade Unit: %
- Intercept: 50 m
- From: 0 m
- To: 50 m
- Intercept Depth: 0 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: 26NH011:0-50

#### QA/QC

- Laboratory: Intertek

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: A significant high-grade sub-interval starting from surface, enhancing the near-surface potential of the drill hole.

- Positive factor: High-grade sub-interval

- Positive factor: Good width

- Positive factor: From surface

Evidence · text

> Including 50m @ 2.03% TREO from surface

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### 26NH011

[Link to this fact](https://atlas-staging.minestarters.com/news/akn-quarterly-activities-report--3cda87e3-bd36-49be-ae8e-66cce01f3d59#fact-drill-facts-10)

Tundulu Rare Earths · rare\_earths

#### Identity

- Hole ID: 26NH011
- Project: Tundulu Rare Earths
- Commodity: rare\_earths
- Region: malawi
- Reported Region: malawi
- Ticker: AKN

#### Geometry

- Grade: 4.26
- Grade Unit: %
- Intercept: 20 m
- From: 0 m
- To: 20 m
- Intercept Depth: 0 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: 26NH011:0-20

#### QA/QC

- Laboratory: Intertek

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: An exceptionally high-grade sub-interval starting from surface, indicating a bonanza zone within the rare earth mineralization.

- Positive factor: Very high-grade sub-interval

- Positive factor: Bonanza grade

- Positive factor: From surface

Evidence · text

> Including 20m @ 4.26% TREO from surface

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### 26NH002

[Link to this fact](https://atlas-staging.minestarters.com/news/akn-quarterly-activities-report--3cda87e3-bd36-49be-ae8e-66cce01f3d59#fact-drill-facts-11)

Tundulu Rare Earths · rare\_earths

#### Identity

- Hole ID: 26NH002
- Project: Tundulu Rare Earths
- Commodity: rare\_earths
- Region: malawi
- Reported Region: malawi
- Ticker: AKN

#### Geometry

- Grade: 1.5
- Grade Unit: %
- Intercept: 22 m
- From: 0 m
- To: 22 m
- Intercept Depth: 0 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: 26NH002:0-22

#### QA/QC

- Laboratory: Intertek

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: A high-grade rare earth intercept from surface, contributing to the understanding of near-surface mineralization.

- Positive factor: High-grade rare earth mineralization

- Positive factor: From surface

Evidence · text

> 26NH002 - 22m @ 1.50% TREO from surface

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### 26NH002

[Link to this fact](https://atlas-staging.minestarters.com/news/akn-quarterly-activities-report--3cda87e3-bd36-49be-ae8e-66cce01f3d59#fact-drill-facts-12)

Tundulu Rare Earths · rare\_earths

#### Identity

- Hole ID: 26NH002
- Project: Tundulu Rare Earths
- Commodity: rare\_earths
- Region: malawi
- Reported Region: malawi
- Ticker: AKN

#### Geometry

- Grade: 3.39
- Grade Unit: %
- Intercept: 8 m
- From: 2 m
- To: 10 m
- Intercept Depth: 2 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: 26NH002:2-10

#### QA/QC

- Laboratory: Intertek

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: An exceptionally high-grade sub-interval, indicating a bonanza zone within the rare earth mineralization.

- Positive factor: Very high-grade sub-interval

- Positive factor: Bonanza grade

Evidence · text

> Including 8m @ 3.39% TREO from 2m

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### 26NH002

[Link to this fact](https://atlas-staging.minestarters.com/news/akn-quarterly-activities-report--3cda87e3-bd36-49be-ae8e-66cce01f3d59#fact-drill-facts-13)

Tundulu Rare Earths · rare\_earths

#### Identity

- Hole ID: 26NH002
- Project: Tundulu Rare Earths
- Commodity: rare\_earths
- Region: malawi
- Reported Region: malawi
- Ticker: AKN

#### Geometry

- Grade: 2.09
- Grade Unit: %
- Intercept: 8 m
- From: 32 m
- To: 40 m
- Intercept Depth: 32 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: 26NH002:32-40

#### QA/QC

- Laboratory: Intertek

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: A significant high-grade sub-interval, further demonstrating the continuity of mineralization at depth.

- Positive factor: High-grade sub-interval

- Positive factor: Good width

Evidence · text

> Including 8m @ 2.09% TREO from 32m

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### 26NH005

[Link to this fact](https://atlas-staging.minestarters.com/news/akn-quarterly-activities-report--3cda87e3-bd36-49be-ae8e-66cce01f3d59#fact-drill-facts-14)

Tundulu Rare Earths · rare\_earths

#### Identity

- Hole ID: 26NH005
- Project: Tundulu Rare Earths
- Commodity: rare\_earths
- Region: malawi
- Reported Region: malawi
- Ticker: AKN

#### Geometry

- Grade: 16.09
- Grade Unit: %
- Intercept: 8 m
- From: 68 m
- To: 76 m
- Intercept Depth: 68 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: 26NH005:68-76

#### QA/QC

- Laboratory: Intertek

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: An exceptionally high heavy rare earth enrichment ratio, highlighting a distinctive and valuable rare earth signature for the project.

- Positive factor: Exceptionally high HREE+Y enrichment

- Positive factor: Distinctive rare earth signature

Evidence · text

> 26NH005 - 8m @ 16.09% HREE+Y/ TREO from 68m

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### 26NH005

[Link to this fact](https://atlas-staging.minestarters.com/news/akn-quarterly-activities-report--3cda87e3-bd36-49be-ae8e-66cce01f3d59#fact-drill-facts-15)

Tundulu Rare Earths · rare\_earths

#### Identity

- Hole ID: 26NH005
- Project: Tundulu Rare Earths
- Commodity: rare\_earths
- Region: malawi
- Reported Region: malawi
- Ticker: AKN

#### Geometry

- Grade: 12.75
- Grade Unit: %
- Intercept: 7 m
- From: 80 m
- To: 87 m
- Intercept Depth: 80 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: 26NH005:80-87

#### QA/QC

- Laboratory: Intertek

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: A very high heavy rare earth enrichment ratio, further demonstrating the valuable rare earth signature of the project.

- Positive factor: Very high HREE+Y enrichment

- Positive factor: Distinctive rare earth signature

Evidence · text

> 7m @ 12.75% HREE+Y/ TREO from 80m

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### 26NH005

[Link to this fact](https://atlas-staging.minestarters.com/news/akn-quarterly-activities-report--3cda87e3-bd36-49be-ae8e-66cce01f3d59#fact-drill-facts-16)

Tundulu Rare Earths · rare\_earths

#### Identity

- Hole ID: 26NH005
- Project: Tundulu Rare Earths
- Commodity: rare\_earths
- Region: malawi
- Reported Region: malawi
- Ticker: AKN

#### Geometry

- Grade: 8.88
- Grade Unit: %
- Intercept: 6 m
- From: 120 m
- To: 126 m
- Intercept Depth: 120 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: 26NH005:120-126

#### QA/QC

- Laboratory: Intertek

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: A high heavy rare earth enrichment ratio, contributing to the valuable rare earth signature of the project.

- Positive factor: High HREE+Y enrichment

- Positive factor: Distinctive rare earth signature

Evidence · text

> 6m @ 8.88% HREE+Y/ TREO from 120m

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### 26NH029

[Link to this fact](https://atlas-staging.minestarters.com/news/akn-quarterly-activities-report--3cda87e3-bd36-49be-ae8e-66cce01f3d59#fact-drill-facts-17)

Tundulu Rare Earths · rare\_earths

#### Identity

- Hole ID: 26NH029
- Project: Tundulu Rare Earths
- Commodity: rare\_earths
- Region: malawi
- Reported Region: malawi
- Ticker: AKN

#### Geometry

- Grade: 11.46
- Grade Unit: %
- Intercept: 42 m
- From: 13 m
- To: 55 m
- Intercept Depth: 13 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: 26NH029:13-55

#### QA/QC

- Laboratory: Intertek

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: A very high heavy rare earth enrichment ratio over a significant width, further demonstrating the valuable rare earth signature of the project.

- Positive factor: Very high HREE+Y enrichment

- Positive factor: Good width

- Positive factor: Distinctive rare earth signature

Evidence · text

> 42m @ 11.46% HREE+Y/TREO from 13m

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### 26NH029

[Link to this fact](https://atlas-staging.minestarters.com/news/akn-quarterly-activities-report--3cda87e3-bd36-49be-ae8e-66cce01f3d59#fact-drill-facts-18)

Tundulu Rare Earths · rare\_earths

#### Identity

- Hole ID: 26NH029
- Project: Tundulu Rare Earths
- Commodity: rare\_earths
- Region: malawi
- Reported Region: malawi
- Ticker: AKN

#### Geometry

- Grade: 9.45
- Grade Unit: %
- Intercept: 4 m
- From: 60 m
- To: 64 m
- Intercept Depth: 60 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: 26NH029:60-64

#### QA/QC

- Laboratory: Intertek

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: A high heavy rare earth enrichment ratio, contributing to the valuable rare earth signature of the project.

- Positive factor: High HREE+Y enrichment

- Positive factor: Distinctive rare earth signature

Evidence · text

> 4m @ 9.45% HREE+Y/ TREO from 60m

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### 26NH029

[Link to this fact](https://atlas-staging.minestarters.com/news/akn-quarterly-activities-report--3cda87e3-bd36-49be-ae8e-66cce01f3d59#fact-drill-facts-19)

Tundulu Rare Earths · rare\_earths

#### Identity

- Hole ID: 26NH029
- Project: Tundulu Rare Earths
- Commodity: rare\_earths
- Region: malawi
- Reported Region: malawi
- Ticker: AKN

#### Geometry

- Grade: 8.54
- Grade Unit: %
- Intercept: 12 m
- From: 68 m
- To: 80 m
- Intercept Depth: 68 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: 26NH029:68-80

#### QA/QC

- Laboratory: Intertek

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: A high heavy rare earth enrichment ratio over a good width, further demonstrating the valuable rare earth signature of the project.

- Positive factor: High HREE+Y enrichment

- Positive factor: Good width

- Positive factor: Distinctive rare earth signature

Evidence · text

> 12m @ 8.54% HREE+Y/ TREO from 68m

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### 26NH004

[Link to this fact](https://atlas-staging.minestarters.com/news/akn-quarterly-activities-report--3cda87e3-bd36-49be-ae8e-66cce01f3d59#fact-drill-facts-20)

Tundulu Rare Earths · rare\_earths

#### Identity

- Hole ID: 26NH004
- Project: Tundulu Rare Earths
- Commodity: rare\_earths
- Region: malawi
- Reported Region: malawi
- Ticker: AKN

#### Geometry

- Grade: 2.06
- Grade Unit: %
- Intercept: 20 m
- From: 113 m
- To: 133 m
- Intercept Depth: 113 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: 26NH004:113-133

#### QA/QC

- Laboratory: Intertek

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: A significant high-grade rare earth intercept, contributing to the understanding of mineralization at depth.

- Positive factor: High-grade rare earth mineralization

- Positive factor: Good width

Evidence · text

> 26NH004 - 20m @ 2.06% TREO from 113m

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### 26NH004

[Link to this fact](https://atlas-staging.minestarters.com/news/akn-quarterly-activities-report--3cda87e3-bd36-49be-ae8e-66cce01f3d59#fact-drill-facts-21)

Tundulu Rare Earths · rare\_earths

#### Identity

- Hole ID: 26NH004
- Project: Tundulu Rare Earths
- Commodity: rare\_earths
- Region: malawi
- Reported Region: malawi
- Ticker: AKN

#### Geometry

- Grade: 3.24
- Grade Unit: %
- Intercept: 12 m
- From: 113 m
- To: 125 m
- Intercept Depth: 113 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: 26NH004:113-125

#### QA/QC

- Laboratory: Intertek

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: An exceptionally high-grade sub-interval, indicating a bonanza zone within the rare earth mineralization.

- Positive factor: Very high-grade sub-interval

- Positive factor: Bonanza grade

Evidence · text

> Including 12m @ 3.24% TREO from 113m

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### 26NH004

[Link to this fact](https://atlas-staging.minestarters.com/news/akn-quarterly-activities-report--3cda87e3-bd36-49be-ae8e-66cce01f3d59#fact-drill-facts-22)

Tundulu Rare Earths · rare\_earths

#### Identity

- Hole ID: 26NH004
- Project: Tundulu Rare Earths
- Commodity: rare\_earths
- Region: malawi
- Reported Region: malawi
- Ticker: AKN

#### Geometry

- Grade: 2.86
- Grade Unit: %
- Intercept: 10 m
- From: 84 m
- To: 94 m
- Intercept Depth: 84 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: 26NH004:84-94

#### QA/QC

- Laboratory: Intertek

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: A significant high-grade rare earth intercept, contributing to the understanding of mineralization at depth.

- Positive factor: High-grade rare earth mineralization

- Positive factor: Good width

Evidence · text

> And 10m @ 2.86% TREO from 84m

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### 26NH001

[Link to this fact](https://atlas-staging.minestarters.com/news/akn-quarterly-activities-report--3cda87e3-bd36-49be-ae8e-66cce01f3d59#fact-drill-facts-23)

Tundulu Rare Earths · rare\_earths

#### Identity

- Hole ID: 26NH001
- Project: Tundulu Rare Earths
- Commodity: rare\_earths
- Region: malawi
- Reported Region: malawi
- Ticker: AKN

#### Geometry

- Grade: 1.51
- Grade Unit: %
- Intercept: 59 m
- From: 13 m
- To: 72 m
- Intercept Depth: 13 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: 26NH001:13-72

#### QA/QC

- Laboratory: Intertek

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: A wide, high-grade rare earth intercept near surface, confirming the presence of significant mineralization in the western flank.

- Positive factor: Wide intercept

- Positive factor: High-grade rare earth mineralization

- Positive factor: Near surface

Evidence · text

> 26NH001 - 59m @ 1.51% TREO from 13m

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### 26NH001

[Link to this fact](https://atlas-staging.minestarters.com/news/akn-quarterly-activities-report--3cda87e3-bd36-49be-ae8e-66cce01f3d59#fact-drill-facts-24)

Tundulu Rare Earths · rare\_earths

#### Identity

- Hole ID: 26NH001
- Project: Tundulu Rare Earths
- Commodity: rare\_earths
- Region: malawi
- Reported Region: malawi
- Ticker: AKN

#### Geometry

- Grade: 2.02
- Grade Unit: %
- Intercept: 24 m
- From: 49 m
- To: 73 m
- Intercept Depth: 49 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: 26NH001:49-73

#### QA/QC

- Laboratory: Intertek

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: A significant high-grade sub-interval, further demonstrating the continuity of mineralization at depth.

- Positive factor: High-grade sub-interval

- Positive factor: Good width

Evidence · text

> Including 24m @ 2.02% TREO from 49m

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### 26NH001

[Link to this fact](https://atlas-staging.minestarters.com/news/akn-quarterly-activities-report--3cda87e3-bd36-49be-ae8e-66cce01f3d59#fact-drill-facts-25)

Tundulu Rare Earths · rare\_earths

#### Identity

- Hole ID: 26NH001
- Project: Tundulu Rare Earths
- Commodity: rare\_earths
- Region: malawi
- Reported Region: malawi
- Ticker: AKN

#### Geometry

- Grade: 2.46
- Grade Unit: %
- Intercept: 17 m
- From: 50 m
- To: 67 m
- Intercept Depth: 50 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: 26NH001:50-67

#### QA/QC

- Laboratory: Intertek

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: A significant high-grade sub-interval, further demonstrating the continuity of mineralization at depth.

- Positive factor: High-grade sub-interval

- Positive factor: Good width

Evidence · text

> Including 17m @ 2.46% TREO from 50m

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### 26NH001

[Link to this fact](https://atlas-staging.minestarters.com/news/akn-quarterly-activities-report--3cda87e3-bd36-49be-ae8e-66cce01f3d59#fact-drill-facts-26)

Tundulu Rare Earths · rare\_earths

#### Identity

- Hole ID: 26NH001
- Project: Tundulu Rare Earths
- Commodity: rare\_earths
- Region: malawi
- Reported Region: malawi
- Ticker: AKN

#### Geometry

- Grade: 2.96
- Grade Unit: %
- Intercept: 5 m
- From: 55 m
- To: 60 m
- Intercept Depth: 55 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: 26NH001:55-60

#### QA/QC

- Laboratory: Intertek

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: A high-grade sub-interval, contributing to the overall grade of the intercept.

- Positive factor: High-grade sub-interval

Evidence · text

> Including 5m @ 2.96% TREO from 55m

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### 26NH006

[Link to this fact](https://atlas-staging.minestarters.com/news/akn-quarterly-activities-report--3cda87e3-bd36-49be-ae8e-66cce01f3d59#fact-drill-facts-27)

Tundulu Rare Earths · rare\_earths

#### Identity

- Hole ID: 26NH006
- Project: Tundulu Rare Earths
- Commodity: rare\_earths
- Region: malawi
- Reported Region: malawi
- Ticker: AKN

#### Geometry

- Grade: 1.5
- Grade Unit: %
- Intercept: 47 m
- From: 26 m
- To: 73 m
- Intercept Depth: 26 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: 26NH006:26-73

#### QA/QC

- Laboratory: Intertek

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: A wide, high-grade rare earth intercept, confirming the presence of significant mineralization in the area.

- Positive factor: Wide intercept

- Positive factor: High-grade rare earth mineralization

Evidence · text

> 26NH006 - 47m @ 1.50% TREO from 26m

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### 26NH006

[Link to this fact](https://atlas-staging.minestarters.com/news/akn-quarterly-activities-report--3cda87e3-bd36-49be-ae8e-66cce01f3d59#fact-drill-facts-28)

Tundulu Rare Earths · rare\_earths

#### Identity

- Hole ID: 26NH006
- Project: Tundulu Rare Earths
- Commodity: rare\_earths
- Region: malawi
- Reported Region: malawi
- Ticker: AKN

#### Geometry

- Grade: 2
- Grade Unit: %
- Intercept: 14 m
- From: 40 m
- To: 54 m
- Intercept Depth: 40 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: 26NH006:40-54

#### QA/QC

- Laboratory: Intertek

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: A significant high-grade sub-interval, further demonstrating the continuity of mineralization at depth.

- Positive factor: High-grade sub-interval

- Positive factor: Good width

Evidence · text

> Including 14m @ 2.00% TREO from 40m

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### 26NH006

[Link to this fact](https://atlas-staging.minestarters.com/news/akn-quarterly-activities-report--3cda87e3-bd36-49be-ae8e-66cce01f3d59#fact-drill-facts-29)

Tundulu Rare Earths · rare\_earths

#### Identity

- Hole ID: 26NH006
- Project: Tundulu Rare Earths
- Commodity: rare\_earths
- Region: malawi
- Reported Region: malawi
- Ticker: AKN

#### Geometry

- Grade: 3.03
- Grade Unit: %
- Intercept: 6 m
- From: 40 m
- To: 46 m
- Intercept Depth: 40 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: 26NH006:40-46

#### QA/QC

- Laboratory: Intertek

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: An exceptionally high-grade sub-interval, indicating a bonanza zone within the rare earth mineralization.

- Positive factor: Very high-grade sub-interval

- Positive factor: Bonanza grade

Evidence · text

> Including 6m @ 3.03% TREO from 40m

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### 26NH006

[Link to this fact](https://atlas-staging.minestarters.com/news/akn-quarterly-activities-report--3cda87e3-bd36-49be-ae8e-66cce01f3d59#fact-drill-facts-30)

Tundulu Rare Earths · rare\_earths

#### Identity

- Hole ID: 26NH006
- Project: Tundulu Rare Earths
- Commodity: rare\_earths
- Region: malawi
- Reported Region: malawi
- Ticker: AKN

#### Geometry

- Grade: 1.53
- Grade Unit: %
- Intercept: 9 m
- From: 128 m
- To: 137 m
- Intercept Depth: 128 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: 26NH006:128-137

#### QA/QC

- Laboratory: Intertek

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: A high-grade rare earth intercept, contributing to the understanding of mineralization at depth.

- Positive factor: High-grade rare earth mineralization

Evidence · text

> And 9m @ 1.53% TREO from 128m

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### 26NH006

[Link to this fact](https://atlas-staging.minestarters.com/news/akn-quarterly-activities-report--3cda87e3-bd36-49be-ae8e-66cce01f3d59#fact-drill-facts-31)

Tundulu Rare Earths · rare\_earths

#### Identity

- Hole ID: 26NH006
- Project: Tundulu Rare Earths
- Commodity: rare\_earths
- Region: malawi
- Reported Region: malawi
- Ticker: AKN

#### Geometry

- Grade: 3.33
- Grade Unit: %
- Intercept: 4 m
- From: 128 m
- To: 132 m
- Intercept Depth: 128 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: 26NH006:128-132

#### QA/QC

- Laboratory: Intertek

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: An exceptionally high-grade sub-interval, indicating a bonanza zone within the rare earth mineralization.

- Positive factor: Very high-grade sub-interval

- Positive factor: Bonanza grade

Evidence · text

> Including 4m @ 3.33% TREO from 128m

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### 17636

[Link to this fact](https://atlas-staging.minestarters.com/news/akn-quarterly-activities-report--3cda87e3-bd36-49be-ae8e-66cce01f3d59#fact-drill-facts-32)

Qeqertaasaq Niobium and Rare Earths · niobium

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: 17636
- Project: Qeqertaasaq Niobium and Rare Earths
- Commodity: niobium
- Region: greenland
- Reported Region: greenland
- Ticker: AKN

#### Geometry

- Grade: 0.8
- Grade Unit: %
- Intercept: 15.9 m
- From: 3.6 m
- To: 19.5 m
- Intercept Depth: 3.6 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: 17636:3.6-19.5

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2026-10-13T00:00:00.000Z

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: Historical high-grade niobium intercept from shallow drilling, indicating potential for near-surface mineralization, though data is old and lacks modern QA/QC.

- Positive factor: High-grade niobium mineralization

- Positive factor: Good width

- Positive factor: Shallow intercept

- Negative factor: Historical data

- Negative factor: Apparent width only

- Negative factor: No QA/QC disclosure

Evidence · text

> 17636 - 15.9m @ 0.80% Nb2O5 from 3.6m

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

### 17636

[Link to this fact](https://atlas-staging.minestarters.com/news/akn-quarterly-activities-report--3cda87e3-bd36-49be-ae8e-66cce01f3d59#fact-drill-facts-33)

Qeqertaasaq Niobium and Rare Earths · niobium

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: 17636
- Project: Qeqertaasaq Niobium and Rare Earths
- Commodity: niobium
- Region: greenland
- Reported Region: greenland
- Ticker: AKN

#### Geometry

- Grade: 1.04
- Grade Unit: %
- Intercept: 12.69 m
- From: 3.6 m
- To: 16.29 m
- Intercept Depth: 3.6 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: 17636:3.6-16.29

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2026-10-13T00:00:00.000Z

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: Historical very high-grade niobium sub-interval from shallow drilling, indicating strong near-surface potential, though data is old and lacks modern QA/QC.

- Positive factor: Very high-grade sub-interval

- Positive factor: Good width

- Positive factor: Shallow intercept

- Negative factor: Historical data

- Negative factor: Apparent width only

- Negative factor: No QA/QC disclosure

Evidence · text

> Including 12.69m @ 1.04% Nb2O5 from 3.6m

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

### 17629

[Link to this fact](https://atlas-staging.minestarters.com/news/akn-quarterly-activities-report--3cda87e3-bd36-49be-ae8e-66cce01f3d59#fact-drill-facts-34)

Qeqertaasaq Niobium and Rare Earths · niobium

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: 17629
- Project: Qeqertaasaq Niobium and Rare Earths
- Commodity: niobium
- Region: greenland
- Reported Region: greenland
- Ticker: AKN

#### Geometry

- Grade: 1.29
- Grade Unit: %
- Intercept: 10.4 m
- From: 1.9 m
- To: 12.3 m
- Intercept Depth: 1.9 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: 17629:1.9-12.3

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2026-10-13T00:00:00.000Z

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: Historical very high-grade niobium intercept from shallow drilling, indicating strong near-surface potential, though data is old and lacks modern QA/QC.

- Positive factor: Very high-grade niobium mineralization

- Positive factor: Good width

- Positive factor: Shallow intercept

- Negative factor: Historical data

- Negative factor: Apparent width only

- Negative factor: No QA/QC disclosure

Evidence · text

> 17629 - 10.4m @ 1.29% Nb2O5 from 1.9m

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

### 17590

[Link to this fact](https://atlas-staging.minestarters.com/news/akn-quarterly-activities-report--3cda87e3-bd36-49be-ae8e-66cce01f3d59#fact-drill-facts-35)

Qeqertaasaq Niobium and Rare Earths · niobium

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: 17590
- Project: Qeqertaasaq Niobium and Rare Earths
- Commodity: niobium
- Region: greenland
- Reported Region: greenland
- Ticker: AKN

#### Geometry

- Grade: 0.51
- Grade Unit: %
- Intercept: 9.04 m
- From: 2.65 m
- To: 11.69 m
- Intercept Depth: 2.65 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: 17590:2.65-11.69

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2026-10-13T00:00:00.000Z

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: Historical niobium intercept from shallow drilling, indicating potential for near-surface mineralization, though data is old and lacks modern QA/QC.

- Positive factor: Niobium mineralization

- Positive factor: Shallow intercept

- Negative factor: Historical data

- Negative factor: Apparent width only

- Negative factor: No QA/QC disclosure

Evidence · text

> 17590 - 9.04m @ 0.51% Nb2O5 from 2.65m

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

### 17584

[Link to this fact](https://atlas-staging.minestarters.com/news/akn-quarterly-activities-report--3cda87e3-bd36-49be-ae8e-66cce01f3d59#fact-drill-facts-36)

Qeqertaasaq Niobium and Rare Earths · niobium

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: 17584
- Project: Qeqertaasaq Niobium and Rare Earths
- Commodity: niobium
- Region: greenland
- Reported Region: greenland
- Ticker: AKN

#### Geometry

- Grade: 2.73
- Grade Unit: %
- Intercept: 5.22 m
- From: 4.15 m
- To: 9.37 m
- Intercept Depth: 4.15 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: 17584:4.15-9.37

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2026-10-13T00:00:00.000Z

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: Historical exceptionally high-grade niobium intercept from shallow drilling, indicating strong near-surface potential, though data is old and lacks modern QA/QC.

- Positive factor: Exceptional high-grade niobium mineralization

- Positive factor: Shallow intercept

- Negative factor: Historical data

- Negative factor: Apparent width only

- Negative factor: No QA/QC disclosure

Evidence · text

> 17584 - 5.22m @ 2.73% Nb2O5 from 4.15m

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

### 17622

[Link to this fact](https://atlas-staging.minestarters.com/news/akn-quarterly-activities-report--3cda87e3-bd36-49be-ae8e-66cce01f3d59#fact-drill-facts-37)

Qeqertaasaq Niobium and Rare Earths · niobium

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: 17622
- Project: Qeqertaasaq Niobium and Rare Earths
- Commodity: niobium
- Region: greenland
- Reported Region: greenland
- Ticker: AKN

#### Geometry

- Grade: 0.5
- Grade Unit: %
- Intercept: 9.67 m
- From: 4.78 m
- To: 14.45 m
- Intercept Depth: 4.78 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: 17622:4.78-14.45

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2026-10-13T00:00:00.000Z

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: Historical niobium intercept from shallow drilling, indicating potential for near-surface mineralization, though data is old and lacks modern QA/QC.

- Positive factor: Niobium mineralization

- Positive factor: Shallow intercept

- Negative factor: Historical data

- Negative factor: Apparent width only

- Negative factor: No QA/QC disclosure

Evidence · text

> 17622 - 9.67m @ 0.50% Nb2O5 from 4.78m

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

### 17622

[Link to this fact](https://atlas-staging.minestarters.com/news/akn-quarterly-activities-report--3cda87e3-bd36-49be-ae8e-66cce01f3d59#fact-drill-facts-38)

Qeqertaasaq Niobium and Rare Earths · niobium

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: 17622
- Project: Qeqertaasaq Niobium and Rare Earths
- Commodity: niobium
- Region: greenland
- Reported Region: greenland
- Ticker: AKN

#### Geometry

- Grade: 0.8
- Grade Unit: %
- Intercept: 5.26 m
- From: 6.57 m
- To: 11.83 m
- Intercept Depth: 6.57 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: 17622:6.57-11.83

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2026-10-13T00:00:00.000Z

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: Historical high-grade niobium sub-interval from shallow drilling, indicating potential for near-surface mineralization, though data is old and lacks modern QA/QC.

- Positive factor: High-grade sub-interval

- Positive factor: Shallow intercept

- Negative factor: Historical data

- Negative factor: Apparent width only

- Negative factor: No QA/QC disclosure

Evidence · text

> Including 5.26m @ 0.80% Nb2O5 from 6.57m

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

### Qa-11

[Link to this fact](https://atlas-staging.minestarters.com/news/akn-quarterly-activities-report--3cda87e3-bd36-49be-ae8e-66cce01f3d59#fact-drill-facts-39)

Qeqertaasaq Niobium and Rare Earths · niobium

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: Qa-11
- Project: Qeqertaasaq Niobium and Rare Earths
- Commodity: niobium
- Region: greenland
- Reported Region: greenland
- Ticker: AKN

#### Geometry

- Grade: 0.51
- Grade Unit: %
- Intercept: 84.37 m
- From: 13.35 m
- To: 97.72 m
- Intercept Depth: 13.35 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: Qa-11:13.35-97.72

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2026-10-13T00:00:00.000Z

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: Historical very wide niobium intercept, indicating significant mineralization, though data is old and lacks modern QA/QC.

- Positive factor: Very wide intercept

- Positive factor: Niobium mineralization

- Negative factor: Historical data

- Negative factor: Apparent width only

- Negative factor: No QA/QC disclosure

Evidence · text

> Qa-11 - 84.37m @ 0.51% Nb2O5 from 13.35m

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

### Qa-11

[Link to this fact](https://atlas-staging.minestarters.com/news/akn-quarterly-activities-report--3cda87e3-bd36-49be-ae8e-66cce01f3d59#fact-drill-facts-40)

Qeqertaasaq Niobium and Rare Earths · niobium

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: Qa-11
- Project: Qeqertaasaq Niobium and Rare Earths
- Commodity: niobium
- Region: greenland
- Reported Region: greenland
- Ticker: AKN

#### Geometry

- Grade: 0.81
- Grade Unit: %
- Intercept: 43.96 m
- From: 32.94 m
- To: 76.9 m
- Intercept Depth: 32.94 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: Qa-11:32.94-76.9

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2026-10-13T00:00:00.000Z

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: Historical high-grade niobium sub-interval over a good width, indicating strong mineralization, though data is old and lacks modern QA/QC.

- Positive factor: High-grade sub-interval

- Positive factor: Good width

- Negative factor: Historical data

- Negative factor: Apparent width only

- Negative factor: No QA/QC disclosure

Evidence · text

> Including 43.96m @ 0.81% Nb2O5 from 32.94m

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

### Qa-11

[Link to this fact](https://atlas-staging.minestarters.com/news/akn-quarterly-activities-report--3cda87e3-bd36-49be-ae8e-66cce01f3d59#fact-drill-facts-41)

Qeqertaasaq Niobium and Rare Earths · niobium

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: Qa-11
- Project: Qeqertaasaq Niobium and Rare Earths
- Commodity: niobium
- Region: greenland
- Reported Region: greenland
- Ticker: AKN

#### Geometry

- Grade: 1.06
- Grade Unit: %
- Intercept: 32.43 m
- From: 44.47 m
- To: 76.9 m
- Intercept Depth: 44.47 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: Qa-11:44.47-76.9

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2026-10-13T00:00:00.000Z

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: Historical very high-grade niobium sub-interval over a good width, indicating strong mineralization, though data is old and lacks modern QA/QC.

- Positive factor: Very high-grade sub-interval

- Positive factor: Good width

- Negative factor: Historical data

- Negative factor: Apparent width only

- Negative factor: No QA/QC disclosure

Evidence · text

> Including 32.43m @ 1.06% Nb2O5 from 44.47m

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

### Qa-25

[Link to this fact](https://atlas-staging.minestarters.com/news/akn-quarterly-activities-report--3cda87e3-bd36-49be-ae8e-66cce01f3d59#fact-drill-facts-42)

Qeqertaasaq Niobium and Rare Earths · niobium

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: Qa-25
- Project: Qeqertaasaq Niobium and Rare Earths
- Commodity: niobium
- Region: greenland
- Reported Region: greenland
- Ticker: AKN

#### Geometry

- Grade: 0.51
- Grade Unit: %
- Intercept: 53.23 m
- From: 35 m
- To: 88.23 m
- Intercept Depth: 35 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: Qa-25:35-88.23

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2026-10-13T00:00:00.000Z

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: Historical wide niobium intercept, indicating significant mineralization, though data is old and lacks modern QA/QC.

- Positive factor: Wide intercept

- Positive factor: Niobium mineralization

- Negative factor: Historical data

- Negative factor: Apparent width only

- Negative factor: No QA/QC disclosure

Evidence · text

> Qa-25 - 53.23m @ 0.51% Nb2O5 from 35m

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

### Qa-25

[Link to this fact](https://atlas-staging.minestarters.com/news/akn-quarterly-activities-report--3cda87e3-bd36-49be-ae8e-66cce01f3d59#fact-drill-facts-43)

Qeqertaasaq Niobium and Rare Earths · niobium

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: Qa-25
- Project: Qeqertaasaq Niobium and Rare Earths
- Commodity: niobium
- Region: greenland
- Reported Region: greenland
- Ticker: AKN

#### Geometry

- Grade: 0.83
- Grade Unit: %
- Intercept: 26.18 m
- From: 57.3 m
- To: 83.48 m
- Intercept Depth: 57.3 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: Qa-25:57.3-83.48

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2026-10-13T00:00:00.000Z

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: Historical high-grade niobium sub-interval over a good width, indicating strong mineralization, though data is old and lacks modern QA/QC.

- Positive factor: High-grade sub-interval

- Positive factor: Good width

- Negative factor: Historical data

- Negative factor: Apparent width only

- Negative factor: No QA/QC disclosure

Evidence · text

> Including 26.18m @ 0.83% Nb2O5 from 57.3m

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

### Qa-25

[Link to this fact](https://atlas-staging.minestarters.com/news/akn-quarterly-activities-report--3cda87e3-bd36-49be-ae8e-66cce01f3d59#fact-drill-facts-44)

Qeqertaasaq Niobium and Rare Earths · niobium

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: Qa-25
- Project: Qeqertaasaq Niobium and Rare Earths
- Commodity: niobium
- Region: greenland
- Reported Region: greenland
- Ticker: AKN

#### Geometry

- Grade: 1.11
- Grade Unit: %
- Intercept: 15.93 m
- From: 72.3 m
- To: 88.23 m
- Intercept Depth: 72.3 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: Qa-25:72.3-88.23

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2026-10-13T00:00:00.000Z

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: Historical very high-grade niobium sub-interval over a good width, indicating strong mineralization, though data is old and lacks modern QA/QC.

- Positive factor: Very high-grade sub-interval

- Positive factor: Good width

- Negative factor: Historical data

- Negative factor: Apparent width only

- Negative factor: No QA/QC disclosure

Evidence · text

> Including 15.93m @ 1.11% Nb2O5 from 72.3m

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

### 17593

[Link to this fact](https://atlas-staging.minestarters.com/news/akn-quarterly-activities-report--3cda87e3-bd36-49be-ae8e-66cce01f3d59#fact-drill-facts-45)

Qeqertaasaq Niobium and Rare Earths · niobium

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: 17593
- Project: Qeqertaasaq Niobium and Rare Earths
- Commodity: niobium
- Region: greenland
- Reported Region: greenland
- Ticker: AKN

#### Geometry

- Grade: 0.75
- Grade Unit: %
- Intercept: 41 m
- From: 7.2 m
- To: 48.2 m
- Intercept Depth: 7.2 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: 17593:7.2-48.2

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2026-10-13T00:00:00.000Z

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: Historical wide, high-grade niobium intercept from shallow drilling, indicating significant near-surface potential, though data is old and lacks modern QA/QC.

- Positive factor: Wide intercept

- Positive factor: High-grade niobium mineralization

- Positive factor: Shallow intercept

- Negative factor: Historical data

- Negative factor: Apparent width only

- Negative factor: No QA/QC disclosure

Evidence · text

> 17593 - 41m @ 0.75% Nb2O5 from 7.2m

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

### 17593

[Link to this fact](https://atlas-staging.minestarters.com/news/akn-quarterly-activities-report--3cda87e3-bd36-49be-ae8e-66cce01f3d59#fact-drill-facts-46)

Qeqertaasaq Niobium and Rare Earths · niobium

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: 17593
- Project: Qeqertaasaq Niobium and Rare Earths
- Commodity: niobium
- Region: greenland
- Reported Region: greenland
- Ticker: AKN

#### Geometry

- Grade: 0.81
- Grade Unit: %
- Intercept: 37.51 m
- From: 9.66 m
- To: 47.17 m
- Intercept Depth: 9.66 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: 17593:9.66-47.17

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2026-10-13T00:00:00.000Z

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: Historical high-grade niobium sub-interval over a good width from shallow drilling, indicating strong near-surface potential, though data is old and lacks modern QA/QC.

- Positive factor: High-grade sub-interval

- Positive factor: Good width

- Positive factor: Shallow intercept

- Negative factor: Historical data

- Negative factor: Apparent width only

- Negative factor: No QA/QC disclosure

Evidence · text

> Including 37.51m @ 0.81% Nb2O5 from 9.66m

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

### 17593

[Link to this fact](https://atlas-staging.minestarters.com/news/akn-quarterly-activities-report--3cda87e3-bd36-49be-ae8e-66cce01f3d59#fact-drill-facts-47)

Qeqertaasaq Niobium and Rare Earths · niobium

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: 17593
- Project: Qeqertaasaq Niobium and Rare Earths
- Commodity: niobium
- Region: greenland
- Reported Region: greenland
- Ticker: AKN

#### Geometry

- Grade: 1.05
- Grade Unit: %
- Intercept: 24.99 m
- From: 18.52 m
- To: 43.51 m
- Intercept Depth: 18.52 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: 17593:18.52-43.51

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2026-10-13T00:00:00.000Z

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: Historical very high-grade niobium sub-interval over a good width, indicating strong mineralization, though data is old and lacks modern QA/QC.

- Positive factor: Very high-grade sub-interval

- Positive factor: Good width

- Negative factor: Historical data

- Negative factor: Apparent width only

- Negative factor: No QA/QC disclosure

Evidence · text

> Including 24.99m @ 1.05% Nb2O5 from 18.52m

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

### Fact 49

[Link to this fact](https://atlas-staging.minestarters.com/news/akn-quarterly-activities-report--3cda87e3-bd36-49be-ae8e-66cce01f3d59#fact-drill-facts-48)

Machinga Heavy Rare Earths Project · rare\_earths

#### Identity

- Project: Machinga Heavy Rare Earths Project
- Commodity: rare\_earths
- Region: malawi
- Reported Region: Malawi
- Ticker: AKN

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: The acquisition of the Machinga Heavy Rare Earths Project significantly expands the company's rare earths portfolio with a project showing high HREO content and hard-rock grades.

- Positive factor: Acquisition of new project

- Positive factor: Expands rare earths portfolio

- Positive factor: High HREO content comparable to ionic clay deposits

- Positive factor: Hard-rock grades significantly higher than typical ionic clay deposits

Evidence · text

> AuKing entered into an agreement to acquire the Machinga Heavy Rare Earths Project in south-eastern Malawi, located 40km east of Lindian Resources’ Kangankunde Project. Machinga comprises a 200.4km² area across two exploration licences within an emerging rare earths district. Historical drilling results indicate exceptional heavy rare earth enrichment, with an average HREO content of approximately 28–30%, comparable to or exceeding many ionic clay deposits, while delivering hard-rock grades of approximately 0.6–1.4% TREO, more than 10 times higher than the typical ~0.05–0.08% TREO grades mined from ionic clay deposits

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### Fact 50

[Link to this fact](https://atlas-staging.minestarters.com/news/akn-quarterly-activities-report--3cda87e3-bd36-49be-ae8e-66cce01f3d59#fact-drill-facts-49)

Qeqertaasaq Niobium and Rare Earths Project · niobium

#### Identity

- Project: Qeqertaasaq Niobium and Rare Earths Project
- Commodity: niobium
- Region: greenland
- Reported Region: Greenland
- Ticker: AKN

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: The earn-in agreement for the Qeqertaasaq Project expands the company's portfolio into niobium and rare earths in Greenland with a substantial exploration funding commitment and no upfront payment.

- Positive factor: Earn-in agreement for new project

- Positive factor: Expands portfolio into niobium and rare earths

- Positive factor: No upfront acquisition payment

- Positive factor: Significant exploration funding commitment

Evidence · text

> On 13 October 2026, AuKing announced a binding earn-in agreement to acquire up to a 75% interest in the Qeqertaasaq Niobium and Rare Earths Project in western Greenland.

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### Fact 51

[Link to this fact](https://atlas-staging.minestarters.com/news/akn-quarterly-activities-report--3cda87e3-bd36-49be-ae8e-66cce01f3d59#fact-drill-facts-50)

#### Identity

- Ticker: AKN

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: A successful $5 million share placement at a premium to VWAP, providing significant funding for ongoing exploration and strategic growth.

- Positive factor: Successful capital raising

- Positive factor: Demand exceeded amount raised

- Positive factor: Pricing achieved at a premium to VWAP

- Positive factor: Provides funding for drilling and strategic opportunities

Evidence · text

> On 14 July 2026, the Company successfully completed a strongly supported $5 million capital raising, with demand exceeding the amount raised and pricing achieved at a premium to VWAP.

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### Fact 52

[Link to this fact](https://atlas-staging.minestarters.com/news/akn-quarterly-activities-report--3cda87e3-bd36-49be-ae8e-66cce01f3d59#fact-drill-facts-51)

#### Identity

- Ticker: AKN

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-21T00:00:00.000Z

Reasoning: An underwriting agreement for $9.14 million in potential option exercise proceeds provides financial certainty and additional funding capacity for the company.

- Positive factor: Underwriting agreement secured

- Positive factor: Potential for significant additional proceeds

- Positive factor: Provides financial certainty for option exercise

Evidence · text

> On 5 August 2026, the Company announced that it had entered into an option underwriting agreement \(Underwriting Agreement\) with GBA Capital Pty Ltd \(GBA\) to fully underwrite the exercise of unlisted options in the Company, exercisable at $0.03 each and expiring at 5.00pm \(AEST\) on 30 April 2027 \(AKN 2027 Options\). Pursuant to the Underwriting Agreement, GBA will underwrite up to 304,734,034 AKN 2027 Options which remain unexercised at the expiry date \(Underwritten Options\), representing an underwriting amount of approximately $9,142,021.00 by subscribing for shares on the exercise of the Underwritten Options.

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.