Slide 1: Boundiali Gold Project Pre-Feasibility Study & Maiden Ore Reserve
AURUM RESOURCES LIMITED | ASX : AUE Boundiali Gold Project Pre-Feasibility Study & Maiden Ore Reserve Côte d'Ivoire | 11 June 2026 1.21 Moz US$553M – US$1.5B H1 2028 Maiden Probable Ore Reserve Post-tax NPV5% (FID) — LOM Plan¹ Targeted first gold At the US$2,900/oz Reserve price and the US$4,076/oz
Slide 2: Disclaimer & Important Notices
DISCLAIMER & IMPORTANT NOTICES This Presentation is dated 11 June 2026 and has been prepared for information purposes in connection with Aurum PFS Cautionary Statement Resources Limited's ("Aurum" or the "Company") Pre-Feasibility Study ("PFS") and Maiden Ore Reserve for the Boundiali Gold Project r
Slide 3: Competent Person Statement
COMPETENT PERSON STATEMENT Exploration Results The information in this Presentation that relates to Exploration Results from the Boundiali Gold Project is extracted from the Company's ASX announcements listed on the "Material ASX Releases" slide of this Presentation (the "ASX Announcements"), which
Slide 4: Corporate: Capital structure, register & trading
CORPORATE Capital structure, register & trading 12-month share price & volume — AUE.ASX CAPITAL STRUCTURE (ASX:AUE) 18 0.9 A$0.575 Share price (10 June 2026) 16 0.8 14 0.7 Volume (M shares) Share price (A$) 404.5M Shares on issue (404,519,426) 12 0.6 10 0.5 8 0.4 ~A$233M Market capitalisation 6 0.3
Slide 5: A reserve-backed, large-scale gold development with near-term cashflow
INVESTMENT HIGHLIGHTS A reserve-backed, large-scale gold development with near-term cashflow 42.1 Mt @ 0.9 g/t 1.5 Moz / 11 years 923 koz in Years 1–5 Maiden Probable Ore Reserve — 1.21 Moz Au LOM Plan gold production at 86.7% recovery Front-loaded production drives fast payback Declared at a conser
Slide 6: Five open pits feeding a conventional 6 Mtpa SABC–CIL plant
THE PROJECT Five open pits feeding a conventional 6 Mtpa SABC–CIL plant LOM Plan mineable quantities by deposit (incl. Inferred)¹ Location Côte d'Ivoire — three granted tenements (BD, BM, BST); no World Heritage or Ramsar areas within or adjacent. Mining Conventional drill & blast, load & haul; cont
Slide 7: Production & Cost Profile
PRODUCTION & COST PROFILE Front-loaded ounces: nearly 1 Moz recovered in the first five years 250 1.5 201 koz Year 1 recovered gold Annual Production (koz Au) 200 1.2 6.1 Mt milled @ 1.16 g/t — 89.1% recovery. Head Grade (g/t Au) 150 0.9 185 koz pa Average, Years 1–5 (923 koz total) 100 0.6 30.4 Mt
Slide 8: Robust at the US$2,900/oz Reserve price — compelling at consensus
CONSERVATIVE BASE, REAL TORQUE Robust at the US$2,900/oz Reserve price — compelling at consensus 2,900 4,076 Gold price (US$/oz) 2,500 3,500 4,500 5,000 5,500 Reserve Consensus¹ Post-tax NPV5% (FID), US$M 230 553 1,038 1,493 1,847 2,251 2,655 Post-tax IRR 21.5% 44.1% 77.9% 119.4% 136.5% 167.1% 198.6
Slide 9: Stands on its Reserves alone — and builds cheaper than most peers
RESILIENCE & CAPITAL EFFICIENCY Stands on its Reserves alone — and builds cheaper than most peers Development capital intensity vs West African development peers (US$/tpa)¹ RESERVE-ONLY CASE — ZERO INFERRED US$343M – US$1.0B Nyanzaga 119 Kurmuk 101 Post-tax NPV5% (FID) at US$2,900/oz and US$4,076/oz
Slide 10: Permitted pathway, funded balance sheet, proven delivery team
EXECUTION & DE-RISKING Permitted pathway, funded balance sheet, proven delivery team PFS & Maiden Reserve MRE update for DFS DFS complete · FID 12-month construction First gold Jun 2026 Q3 2026 Q4 2026 2027 H1 2028 ✓ Environmental approvals secured ✓ Mining licences lodged ✓ Funded through DFS Certi
Slide 11: Owner drilling: a class-leading discovery cost machine
STRUCTURAL ADVANTAGE Owner drilling: a class-leading discovery cost machine All-in diamond drilling cost (US$/m) Boundiali Mineral Resource growth — 17 months 3.6 3.22 US$45/m 3.1 Aurum — 16 owned rigs, own crews 2.6 2.1 1.70 Moz Au US$200+/m 1.6 1.45 1.52 1.58 West African contract diamond drilling
Slide 12: An owner-builder team that has done this before — in Côte d'Ivoire
DELIVERY & STUDY TEAM An owner-builder team that has done this before — in Côte d'Ivoire PFS study team — established specialists THE PRECEDENT — ABUJAR GOLD MINE, CÔTE D'IVOIRE Delonix Solutions — Lead engineer & study manager — process plant, capex, opex • Delivered by the Aurum team under an owne
Slide 13: Growth Levers & Value
GROWTH LEVERS & VALUE The PFS is the baseline — defined upside on every input BMT3 recovery: 71% → up to 90% 1 THE VALUE PROPOSITION Testwork-defined path: 88–97% of gold to a rougher flotation concentrate at 9% mass pull; calcination extracts 86– 90%. Low-capital concentrate offtake route — the sin
Slide 14: Peer project references — sources for capital intensity comparison
APPENDIX Peer project references — sources for capital intensity comparison Project Owner at study (listing) Study & announcement Dev. capex US$M Mtpa US$/tpa Boundiali Aurum Resources (ASX:AUE) PFS, 11 Jun 2026 342 ¹ 6.0 ~57 Kobada Toubani Resources (ASX:TRE) DFS, ASX ann. 31 Oct 2024 216 6.0 36 Ki
Slide 15: Mineral Resources and Ore Reserves
APPENDIX Mineral Resources and Ore Reserves Statement of Mineral Resources by Deposit based on drilling completed as at 30 April 2026, for BST, BDT1, BDT2, BDT3, BMT1 and BMT3 deposits with 0.4 g/t Au cut off above 300m Probable Ore Reserve Estimate as at 30 April 2026 (JORC Code 2012) depth, and 1.
Slide 16: Project Location
APPENDIX Project Location 15
Slide 17: Material ASX releases
APPENDIX Material ASX releases This Presentation contains information extracted from the following ASX market announcements, reported in accordance with the JORC Code (2012) and available for viewing at www.asx.com.au: • Aurum delivers Boundiali Pre-Feasibility Study and Maiden Ore Reserve, 11 Jun 2