Aureka Limited · ASX:AKA
Aureka — 15th Annual Australian Microcap Investment Conference 2026
18 slides from Aureka's conference presentation, Oct 21, 2026
Slide 1: ASX Market Release: Microcap Investment Conference Investor Presentation
21 October 2026 For personal use only ASX Market Release Microcap Investment Conference | Investor Presentation Aureka Limited (the Company or Aureka) is pleased to release the following Investor Presentation that will be delivered today at the 15th Annual Australian Microcap Investment Conference b
Slide 2: Victoria's new high-grade Gold Producer
For personal use only Victoria’s new high-grade Gold Producer Investor Presentation | Australian Microcap Investment Conference Sofitel Melbourne | 20–21 October 2026 ASX:AKA aureka.com.au | 1
Slide 3: For personal use only
This presentation has been prepared by Aureka Limited (Aureka or the Company). It contains general information about the Company’s activities current as at the date of the presentation. The information is provided in summary form and does not purport to be complete. This presentation is not to be di
Slide 4: Exploration Target Range
Exploration Target Exploration Target Range On 18 June 2026, Aureka Limited ASX:AKA announced the increase to their maiden gold Exploration Target at its flagship 100%-owned Irvine Gold Project in Victoria, Australia. Notably, the Exploration Target upgrade was constrained to the current drill footp
Slide 5: The state of play: A new Aureka
The state of play: A new Aureka EXPLORER TURNED HIGH GRADE GOLD PRODUCER For personal use only Fully integrated gold company with current Operating mill and mine, production, near term low capex growth, and scale Highly complementary transaction projects centered around a 100% owned mill. Imme
Slide 6: Step change for Aureka
STEP CHANGE FOR AUREKA Transaction steps Aureka into production in a controlled manner (debt free, low overheads, incremental growth via ramp up, additional working capital and near mine exploration). For personal use only WEDDERBURN GOLD PROCESSING MILL Currently processing Fiddlers Creek undergrou
Slide 7: Unique asset unlocks value for portfolio: Wedderburn gold processing mill
UNIQUE ASSET UNLOCKS $$ FOR PORTFOLIO GOLD PROCESSING • One of only six mills in the State of Victoria MILL For personal use only • Current mill feed: Fiddlers Creek Gold Mine (100km) • 45km from Comstock St Arnaud, 130km Irvine Gold Project LOW OPERATIONAL COST, LOW CAPITAL, LOWER RISK • Low OPEX,
Slide 8: Fiddlers Creek Gold Mine
FIDDLERS CREEK GOLD MINE For personal use only Fiddlers Creek – Producing Gold Mine Mining Licence • Mine Licence application lodged (mine currently operates under granted Prospecting Licence) • Planning Permit in place • Granted Exploration Licence (approximately 39 km²) • Approved Work Plan Fiddle
Slide 9: Operating Performance
Operating Performance Performance of Fiddlers + Wedderburn OPERATING For personal use only PERFORMANCE Production at the mine and mill commenced July 2025 COMBINED FY26 Production (12 months): FY26 ramp-up results of mine and mill Average head grade mined and milled 7 g/t Total gold recovered in 12
Slide 10: Fiddlers Creek: Drilling Underway
Adding value to acquired assets: Fiddlers Creek: Drilling Underway Diamond drilling commenced 30-Sept For personal use only • First surface drilling at Fiddlers Creek since May 2025 – ≥400m near-mine program • Infill and upgrade zones of mineralisation and test key areas for underground infrastructu
Slide 11: Board of Directors & Executive Management
Board of Directors & Executive Management Experience. Capability. Commitment. A proven team aligned to deliver production and growth. For personal use only BOARD OF DIRECTORS EXECUTIVE MANAGEMENT Graeme Hunt James Gurry Richard Taylor Angela Lorrigan Marcus Binks* Zane Smith Jozef Story Non-Executiv
Slide 12: Capital Structure
Capital Structure^ $0.145 209m SHARE REGISTER For personal use only BOARD OF DIRECTORS A U R E K A’ S T O P 2 0 S H A R E H O L D E R S R E P R E S E N T 4 4 % O F T H E C O M PA N Y Share Price (9 Oct 2026) Shares on Issue H N W / F A M I LY O F F I C E S ~$30m ~$7m 30.0% INSTITUTIONS OTHER Market
Slide 13: Growth Story So Far
Growth Story So Far… A team that delivers For personal use only DECEMBER JANUARY MARCH JUNE OCTOBER JUNE JULY SEPTEMBER 2024 2025 2025 2025 2025 2026 2026 2026 ASX debut Commence Acquire Maiden Tenacity Increase in Comstock Agreement with 304koz diamond freehold land Inferred discovery at Inferred p
Slide 14: Aureka: Size of prize is huge
Aureka: SIZE OF PRIZE IS HUGE Producing & Growing For personal use only ✓ Producing: Fiddlers Creek (mine) + Wedderburn (mill) ✓ Near Term Growth: Fiddlers Crk growth + Comstock (in application) ✓ Scale Growth: Irvine 1moz+ potential in multi-million-ounce corridor WHAT TO EXPECT (NEWSFLOW & CATALYS
Slide 15: Irvine Gold Project (Stawell Corridor)
Irvine Gold Project (Stawell Corridor) (camp scale potential) Inferred Irvine (+94koz Au) Cut-Off For personal use only Prospect Southern Trend Morning Bill Gold (g/t) Tonnes Gold Grade (g/t) Gold Ounces Resolution OP* >0.5 1,775,000 2.16 123,000 Added* Adventure OP >0.6 680,000 1.85 40,300 398koz A
Slide 16: Comstock Gold & Silver Project
Comstock Gold & Silver Project For personal use only Plan view of the Comstock pit with location of the mineral intercepts NED032 intercepted significant gold & silver mineralisation on Comstock shear: o 4.4m @ 8.9g/t Au and 57.8g/t Ag (silver) from 102.8m - Including 0.3m @ 65.3g/t Au from 106.2m (
Slide 17: Comstock Gold & Silver Project: Walkers starter pit
Comstock Gold & Silver Project Walkers – identified as potential starter pit For personal use only ASX Release 1-July-2026: Comstock study update: Walkers Pit Selected / Licencing Submitted ASX Release: 10-August-2026: Comstock drilling visible gold. Star indicates location of observed visible gold.
Slide 18: Irvine Gold Project: 94koz added in 2026, now 398koz
Irvine Gold Project (Stawell Corridor) 94koz added in 2026, now 398koz For personal use only JORC references: ASX Release 18 June 2026: Global JORC Resource Increase to over 450Koz. ASX:AKA aureka.com.au | 17
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