Aurelia Metals Limited · ASX:AMI
Aurelia Metals — Q1 2026 Earnings Presentation
15 slides from Aurelia Metals's earnings presentation, Oct 21, 2025
Slide 1: September 2025 Quarterly Update
SEPTEMBER 2025 QUARTERLY UPDATE For personal use only 21 October 2025 ASX Code: AMI
Slide 2: Forward Looking Statements
FORWARD LOOKING STATEMENTS For personal use only This presentation has been prepared by Aurelia Metals Limited (‘AMI’ or the ‘Company’). It should not By its very nature, production and exploration for gold and base metals is a high risk business and is not be considered as an offer or invitation to
Slide 3: Highlights
HIGHLIGHTS Strong start to year for production and costs For personal use only Federation mining ahead of FY26 ramp up plan Great Cobar project delivering to plan Growth in Group Mineral Resources and Ore Reserves SEPTEMBER 2025 QUARTERLY | 21 OCTOBER 2025 | PAGE 3
Slide 4: Group Production and Costs
GROUP PRODUCTION AND COSTS Quarterly production and costs delivering to mine plan and budget For personal use only Unit MarQ JunQ SepQ FY26 Measure Guidance FY25 FY25 FY26 Gold produced koz 16.6 7.3 10.4 35 – 45 Copper produced kt 0.5 0.3 0.5 3.0 – 4.0 Zinc produced kt 3.2 7.5 6.5 24 – 32 Lead pro
Slide 5: Sustainability
SUSTAINABILITY Safeguarding our social licence to operate For personal use only Group Total Recordable Injury Frequency Rate Group Recordable Environmental Incident (TRIFR) Frequency Rate (REIFR) 12 month moving average 12 month moving average 12 1.2 10 1.0 8 0.8 6 0.6 4 0.4 2 0.2 0 0.0 Jul-25 Jul-2
Slide 6: Peak
PEAK Productivity improvements delivering results For personal use only Development metres benefiting from Peak mining unit costs ($/t) 14% lower due to Excellent zinc and lead recoveries efficiency program1 higher mined volume and reduced spend 91.5% 91.5% 1,379 140 89.7% 129 88.4% 127 87.3% 121 11
Slide 7: Federation
FEDERATION Mining ramp up ahead of plan with costs in line For personal use only Development metres 31% higher Ore mined (kt) 19% higher and ahead of YTD plan Operating costs ($M) in line In line with quarterly target of 1,500m/qtr Opportunity to exceed planned FY26 volumes with FY26 guidance Guidan
Slide 8: Federation
FEDERATION Strong project execution and operating ramp up For personal use only FY24 – FY25 ACHIEVEMENTS FY26 Recommenced development Q1 FY24 Commercial production Q1 FY26 Mining lease granted Q2 FY24 Mining ahead of schedule ramp up First stope ore and official opening Q1 FY25 Infill dr
Slide 9: Great Cobar Copper Growth Project
GREAT COBAR COPPER GROWTH PROJECT Capital expenditure and schedule progress all on track For personal use only • Mining crews and equipment mobilised in July, project fully resourced • 448 metres of mine development completed in line with plan • Surface and underground infrastructure projects progre
Slide 10: Process Plant Upgrades Underway
PROCESS PLANT UPGRADES UNDERWAY Deliver our processing target of 1.1 - 1.2Mtpa For personal use only Tailings and process water management • Improves copper and zinc recovery, reduces cyanide consumption • Thickener construction complete and about to be shipped to Peak • Capital of $9.6M, commission
Slide 11: Mineral Resource and Ore Reserves
MINERAL RESOURCE AND ORE RESERVES1 Strong growth in Group mineral inventories, particularly Copper For personal use only • Group Mineral Resource estimate increased 12% to 29Mt – Peak Copper Mineral Resource 19% higher at 19Mt • Group Ore Reserve estimate increased 17% to 5.5Mt – Peak Copper Ore Res
Slide 12: Exploration Update
EXPLORATION UPDATE New high-grade discoveries at Nymagee1 For personal use only • Discovery of two new lenses and extension of Nymagee North – Lazer: approximately 200m east of Nymagee North – Metropolitan: between Nymagee Main and Nymagee North • Highlights of recent drilling: – 7.0m (4.2m ETW) @ 2
Slide 13: Balance Sheet
BALANCE SHEET Strong liquidity to fund growth projects For personal use only Group Cash A$M1 36 124 8.3 110.1 (10.9) (4.8) (6.3) (1.0) 88.1 (5.5) (1.8) Jun25 Cobar Region Growth Exploration Corp, Tax, Care & Working Financing Sep25 Loan Total Cash Bal Ops Capital Interest & Maint Capital cash flows
Slide 14: Key Focus Areas
KEY FOCUS AREAS Developing copper growth options towards 40ktpa1 of Copper equivalent production in FY28 For personal use only Maintain disciplined capital allocation approach Ongoing improved productivity, maximise cash generation Safely ramping up Federation and extending mine life Delivery of Gre
Slide 15: Contact
CONTACT T: +61 7 3180 5000 E: office@aureliametals.com.au Level 10, 10 Felix Street For personal use only BRISBANE QLD 4000 GPO Box 7 BRISBANE QLD 4001 aureliametals.com