Aureka Limited · ASX:AKA
Aureka — Melbourne Mining Club Cutting Edge (March 2025)
17 slides from Aureka's conference presentation, Mar 4, 2025
Slide 1: Melbourne Mining Club Cutting Edge update
For personal use only Melbourne Mining Club Cutting Edge update ASX:AKA March 2025 aureka.com.au
Slide 2: Forward Looking Statement
Forward This presentation has been prepared by Aureka Limited (Aureka or the Company) – the Company was previously known as Navarre Minerals Limited. It contains general information about the Company’s activities current as at the date of the presentation. The information is provided in summary form
Slide 3: Exploration Target
Exploration Exploration Target On 30 March, 2021, AKA (then trading as Navarre Minerals Limited ASX:NML) announced the maiden gold Exploration Target at its flagship 100%-owned Resolution and Adventure projects in Victoria, Australia. Notably, the Exploration Target was constrained to the current dr
Slide 4: Positioned for Growth
Positioned for Growth Advanced Gold Exploration Projects • All close to existing operating mines • Tandarra ~50km from global giant Agnico Eagle’s Fosterville • 4 greenfield discoveries in Stawell Corridor For personal use only 304koz of Defined JORC Resource • Stawell Corridor: JORC Inferred Resour
Slide 5: Board & Key Management
Board & Key Management For personal use only Graeme Hunt James Gurry Angela Lorrigan Richard Taylor Kenneth Bush Peter de Vries Non-Executive Chairman Managing Director Non-Executive Director Non-Executive Director Exploration Strategy Exploration Manager & Engineer Technical Director Technical Advi
Slide 6: Restructured for Success
Restructured for Success C A P I TA L S T R U C T U R E BOARD OF DIRECTORS Graeme Hunt Non-Executive Chairman James Gurry Managing Director $0.16 Share Price (25/2/25) 102.4m Shares in Issue For personal use only Richard Taylor Non-Executive Director Angela Lorrigan Non-Executive Director – Technica
Slide 7: Highly Prospective Victorian Projects
4 Highly Prospective Victorian Projects Operation Irvine Tandarra St Arnaud Jubilee Ownership 100% 49% 100% 100% Zone Stawell Bendigo Bendigo-Stawell zone Ballarat • JORC Inferred Resource (304koz @ 2.43g/t) • 50kms from Agnico’s • 819km2 of granted tenements • Mine site with potential for a • Explo
Slide 8: Unlocking Victoria's Golden Assets
Unlocking Victoria’s Golden Assets OUR PROJECTS For personal use only 304koz Inferred Mineral Resource Estimate 280-420Koz Exploration Target* 3 Significant Gold Exploration Projects The largest undeveloped and advanced mineral resource base in Victoria *The potential quality and grade of this explo
Slide 9: Market Capitalisation Vs Gold Price
Market Capitalisation Vs Gold Price 5,000 Victorian $180m Victorian exploration assets only Acquisition & operation of Mt Carlton (QLD) In Administration / trading suspension exploration assets only (No QLD) Peak Mkt Cap 4,500 $156m JORC resource $160m (304koz @ Tandarra: Gold 2.43g/t) Additional ex
Slide 10: JORC Resource & Exploration Target
JORC Resource & Exploration Target Irvine (Resolution & Adventure) Mineral Resource: Resolution & Adventure Prospects Inferred Cut-Off Prospect Gold (g/t) Tonnes Gold Grade Gold Ounces Resolution OP ≥0.6 1,754,000 2.09 118,000 For personal use only Adventure OP ≥0.6 680,000 1.85 40,300 Total OP ≥0.6
Slide 11: Proposed Drilling Program 2025
Proposed Drilling Program 2025 Project Development Assessment (scoping) Continuous program 7,000m diamond drilling Indicated Resource For personal use only Infill Drilling S TAW E L L CO R R I D O R Inferred Resource Irvine Dome: Resolution Down-plunge Extension Drilling S TAW E L L CO R R I D O R E
Slide 12: Stawell Corridor Gold Project
S TAW E L L C O R R I D O R GOLD PROJECT Irvine Basalt Dome (Resolution & Adventure) • Maiden Inferred Resource1 reported in March 2021 For personal use only – 304koz at 2.4 g/t gold • Resource hosted on east flank of basalt dome, open down-dip and along strike Langi Logan Basalt Dome • Large-scale
Slide 13: Tandarra JV
TA N D A R R A J V (49%, 51% & Operator Catalyst Metals) • Located ~40km north of the 22moz Bendigo Goldfield and ~50km northwest from Agnico Eagle’s Fosterville For personal use only • An advanced exploration project with strong potential to reveal a large- scale gold system obscured by shallow cov
Slide 14: St Arnaud Goldfield
ST ARNAUD GOLDFIELD • Historic underground mining during the gold rush (1855-1913), more recently open pit mining in 1990’s (Comstock – Nelson Line) For personal use only • Aureka’s St Arnaud Gold Project comprises 819km2 of granted tenements, including the historical 0.4M St Arnaud Goldfield, where
Slide 15: Newsflow & Catalysts: We get things done
Newsflow & Catalysts: We get things done CORPORATE ACTIVITIES FEB MAR APR MAY JUN JUL AUG SET OCT NOV Complete Irvine (Stawell) Resolution extension drilling & report results For personal use only Report Tandarra Gold Project JV diamond and air core results Commence St Arnaud Comstock open pit diamo
Slide 16: Positioned for Growth
Positioned for Growth Confirmed Resource potential • Stawell Corridor: JORC resource (304koz @ 2.43g/t) + Exploration Target* (280-420koz at 2-3g/t) • Bendigo: High grade gold system potential at the Tandarra Gold JV with Catalyst Metals – drilling completed Q2 For personal use only Advanced Explora
Slide 17: Get The Latest
Get The Latest Thank you! Aureka News For personal use only +61 3 9692 7222 aureka.com.au Sign Up ASX:AKA
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