AUKING MINING LIMITED — Board/Management Information 2008

Mar 9, 2008

==> picture [124 x 85] intentionally omitted <==

ASX/Media ANNOUNCEMENT

10[th] March 2008

MR JASON BECKTON APPOINTED THE NEW MANAGING DIRECTOR

The Board of Directors today announced the appointment of Mr. Jason Beckton as Managing Director of China Yunnan Copper Australia limited (CYU). Mr. Beckton, previously an Executive Director of CYU, has extensive exploration, underground and open-pit experience and is well placed to lead the growth of the Company.

Mr Beckton is a professional geologist with over 16 years experience in exploration, project development, production and management both in Australia and internationally.

Mr Beckton commenced his career in Australia with Pancontinental and Goldfields Ltd from the early 1990s before moving to a senior role with Gympie Gold in 2001. Subsequently he was Project Manager for the Palmarejo silver-gold project in Mexico and managed the program that grew the resource base from zero to 3.1 million ounces gold equivalent during 2004. More recently Mr Beckton was Manager – Chile for Exeter Resource Corporation, and led the team that was responsible for the commercial discovery at the Caspiche Porphyry prospect in the Maricunga Gold Copper Belt of Chile.

Mr Beckton holds a Bachelor of Science (Honours) in Geology from Melbourne University, and a Masters in Economic Geology from the ARC Centre of Excellence in Ore Deposits at the University of Tasmania. He is a member of the Australasian Institute of Mining and Metallurgy, Australian Institute of Company Directors, Society of Economic Geologists and Australian Institute of Geoscientists, a Competent Person for resource estimates for ASX-JORC codes and Qualified Person under Canadian Securities Administrators National Instrument 43-101.

Mr. Beckton replaces the previous Managing Director Dr. Mark Elliott who will stay on as an Executive Director of the Company.

1

“It had always been intended that Dr. Elliott would at some stage hand over the Managing Director’s role to Mr. Beckton and now was an appropriate time to do so,” the Co-Chairman of CYU Mr. Norm Zillman commented.

Mr. Zillman expressed his sincere thanks to Dr. Elliott for his dedicated efforts in preparing and successfully listing the Company on the Australian Stock Exchange and leading the Company during its formative period.

About CYU

CYU listed on the ASX on 29 October 2007 by issuing 16,000,000 25c shares to raise $4 million. CYU is an Australian company formed to explore for and develop minerals in Australia and overseas. Cornerstone investor, Yunnan Copper Industry (Group) Co Ltd, is one of China’s largest copper producers. CYU is targeting high quality copper, gold and uranium projects with eleven wholly owned Exploration Permit for Minerals (EPM’s) in the Mt Isa Inlier, Ravenswood-Pentland Province and the Clermont Inlier in Queensland.

For further information please contact;

Mr Jason Beckton Managing Director CYU 0438 888 612

Kevin Kartun Account Director Financial & Corporate Relations (02) 8264 1003

or visit the website, www.cycal.com.au

2