Slide 1: Capital Raise Presentation
Capital Raise Presentation May 2025 AURIC MINING LTD
Slide 2: 2025 Strategy Accelerate Gold Production
2025 Strategy Accelerate Gold Production Process final 60,000t from Jeffreys Find Q3/2025 – target of 2,750 ounces. Complete Starter Pit mining at Munda in Q4/2025 – target of 6,100 ounces. Complete Lindsay’s acquisition, publish resource model and start mining in Q4/2025. Acquire Burbanks Gold Faci
Slide 3: 2026-28 Medium Term Plan
2026-28 Medium Term Plan Escalate Gold Production. Rapidly Grow Resources Optimise much larger pit at Munda based on validated and refined Starter Pit resource model. Mine and toll treat first ore from Lindsay’s Project. Expand resources at Lindsay’s. Rebuild Burbanks and be ready to process Auric o
Slide 4: Corporate Structure
Corporate Structure Number of Shareholders – 1,149 Shares on issue 148.95 million Retail 43% HNW Investors 22% Unlisted options on issue 9.05 million Top 20 others 18% Market Cap (based on $0.23) $34.0 million Directors 17% AWJ Cash at Bank (as at 31/3/25) $7.4 million $0.40 $0.35 Debt $0 $0.30 $0.2
Slide 5: The Board
The Board A team with a track record of successful gold discovery, development and production, that has grown Auric into a highly profitable gold producer. Steven Morris Mark English John Utley Non-Executive Chairman Managing Director Technical Director Steven has over 25 years’ experience in financ
Slide 6: 100% Gold Projects
100% Gold Projects Jeffreys Find Gold Mine Widgiemooltha Gold Project Munda Gold Mine Widgiemooltha Project Loded Dog Tenements Lindsay’s Project* Spargoville Project Chalice West Project Burbanks Gold Facility* * Subject to settlement Page 5
Slide 7: Mining Tenements
Mining Tenements • Total 51 tenements (in the Goldfields) • Total area 348 km² (not including Lindsay’s or Burbanks tenure) • Lindsay’s Project 32.8 km² • Burbanks Gold Facility 0.7 km²
Slide 8: Jeffreys Find Gold Mine
Jeffreys Find Gold Mine Stage One: 2023 Gold Sold 9,746 ounces • Short-life mine generates more than $100 million in gold sales and $30+ million in Gold Sales A$29.29 million surplus cash for the joint venture. Average Sale Price/Ounce A$3,006 Cash to Auric A$4.76 million • Auric total cash cost on
Slide 9: Munda Starter Pit
Munda Starter Pit • The Munda Gold Mine is Auric’s major asset. It has mineral resource of 145,000 ounces of gold.¹ • A starter pit is now underway with a mining target of 125,000 tonnes of ore at 1.8 g/t Au. This is expected to produce about 6,100 ounces of gold at an AISC of A$2,635 per ounce.¹ •
Slide 10: Munda Gold Mine
Munda Gold Mine Munda Starter Pit and Resources Constrained Pit with high-grade drill intercepts.
Slide 11: Munda Gold Mine 2026 to 2028
Munda Gold Mine 2026 to 2028 • Reconciliation and refinement of the resource model will be used to optimise and design a larger main pit. • Main pit to get underway in Q3/2026. • With 145,000 ounces of resources, the intention is to mine as much of the resource as is economically possible. • Many to
Slide 12: Lindsay's Project
Lindsay’s Project • Binding contract to purchase in negotiation. Expected settlement in Q3/2025. • Located 50km northeast of Kalgoorlie, WA. • Project comprises 8 tenements and includes the partially mined Parrot Feathers gold deposit. • Potential for near term, open pit gold mining and toll treatme
Slide 13: Lindsay's Project Planning
Lindsay’s Project Planning • New resource estimate to be completed in Q3/2025. • Once Starter Pit at Munda is completed, the plan is for the team and equipment to be mobilised to Lindsay’s Q4/2025. • Immediate target is to commence mining at Parrot Feathers Gold Mine where 6,135 ounces were produced
Slide 14: Loded Dog Tenements
Loded Dog Tenements • Auric has added to its holdings around Higginsville with the purchase of eight tenements for $475,000 plus milestone payments and royalties. • Numerous gold deposits, periodically mined in the area, close to the 1 million+ ounce Trident deposit.¹ • Excellent strategic location
Slide 15: Spargoville Project
Spargoville Project • Fugitive Prospect & Anomaly 37 have emerged as highly prospective targets for further drilling. • The assets sit north of and on strike to the Wattle Dam Gold Mine – a prolific mine which produced 267,000 ounces of gold at an average of 10.6g/t between 2006 and 2012 for Rameliu
Slide 16: Exploration Budget Targeted to Expand Resources
Exploration Budget Targeted to Expand Resources Priority Program No. Location Est Cost 1 2025-01 Loded Dog $15,000 1 2025-02 Amorphous $466,000 1 2025-02 Footes Find $256,000 1 2025-03 Spargoville Anomaly 37 $456,000 2 2025-04 Chalice West $156,000 2 2025-05 Guest Tenement $62,000 2 2025-06 Miitel S
Slide 17: Burbanks Gold Facility
Burbanks Gold Facility • Auric is buying the Burbanks Gold Processing Facility at Coolgardie for $4.4 million. Settlement expected in Q2/2025. • Lots of infrastructure benefits such as power, water, granted mining leases, permits and location. • Technical and feasibility studies will be conducted in
Slide 18: Use of Funds
Use of Funds Burbanks Gold Facility Cost Complete purchase of Mill and assets $4,300,000 Stamp duty & acquisition costs $150,000 Subtotal $4,450,000 Lindsay’s Project Cost Complete purchase of assets $1,900,000 Stamp duty & acquisition costs $150,000 Lindsay’s drilling $160,000 Subtotal $2,210,000 T
Slide 19: Appendix 1: Compliance Statement and ASX Announcements
Appendix 1: Compliance Statement and ASX Announcements The information in this presentation relating to exploration results, production targets and mining production is extracted from the following announcements all of which are available to view on the Auric website www.auricmining.com.au. The comp
Slide 20: Appendix 2: Current Resources
Appendix 2: Current Resources¹ Current Mineral Resource Estimates Deposit Cut off Category Tonnes Au Au Au g/t (Thousand) g/t koz Indicated 3,350 1.22 131 Munda 0.5 g/t Inferred 300 1.4 14 Total 3,650 1.23 145 Jeffreys Find Resources 0.6 g/t Measured 18 1.22 1.5 Jeffreys Find Stockpiles 0.6 g/t Meas
Slide 21: Appendix 3: Forward Looking Statements
Appendix 3: Forward Looking Statements This presentation does not include all available Information on Auric Mining Limited and should not be used in isolation as a guide to investing in the Company. Any potential investor should also refer to Auric Mining Limited’s Annual Reports and take independe
Slide 22: Key Focus and Goals
Key Focus and Goals • Rapidly grow the resource base under our control. • Continue to mine and monetise the assets that we own at 30 June 2025. • Redefine and construct Burbanks within 2.5 years. We have to own our own mill and control our own destiny. Please join us Follow our communications Page 2