Aurelia Metals Limited · ASX:AMI
Aurelia Metals — Noosa Mining Conference 2025
17 slides from Aurelia Metals's conference presentation, Jul 24, 2025
Slide 1: Aurelia Metals
AURELIA METALS Noosa Mining Conference | 24 July 2025 ASX Code: AMI
Slide 2: Forward Looking Statements
FORWARD LOOKING STATEMENTS This presentation has been prepared by Aurelia Metals Limited (‘AMI’ or the ‘Company’). It should By its very nature, production and exploration for gold and base metals is a high risk business and is not not be considered as an offer or invitation to subscribe for or purc
Slide 3: Aurelia Snapshot
AURELIA SNAPSHOT Market Balance Sheet FY25 Performance FY26 Guidance Capitalisation 30 June 2025 Production Production $110M $347M Gold - 45.4kozs Gold - 35 - 45kozs cash on hand Shares on issue 1,692M Copper - 2.7kt Copper - 3 - 4kt No drawn debt1 Share Price $0.205 Zinc - 16.8kt Zinc - 24 - 32kt a
Slide 4: Our Competitive Advantage
OUR COMPETITIVE ADVANTAGE The ideal platform to succeed in the Cobar Region 2 3 Processing Operating Established facilities mines infrastructure 393 Highly prospective tenement employees1 Significant package 65% residential Mineral Resource 1 As at 16 June 2025. NOOSA MINING CONFERENCE | 24 JULY 202
Slide 5: Group Production and Costs
GROUP PRODUCTION AND COSTS Production and cost guidance achieved for all metrics Measure Unit FY25 FY25 Guidance Gold produced koz 45.4 ✓ 40 – 50 Copper produced kt 2.7 ✓ 2.5 – 3.5 Zinc produced kt 16.8 ✓ 14 – 20 Lead produced kt 15.7 ✓ 13 – 19 Group Operating Costs1, 2 $M 195.8 ✓ 185 – 220 All-in S
Slide 6: Balance Sheet Strength Maintained in FY25
BALANCE SHEET STRENGTH MAINTAINED IN FY25 Cash flow from operations funded all growth expenditure Group cash A$M1 103.4 ~36 ~146 (71.6) 4.0 (12.3) 116.5 (10.3) 110.1 (19.7) Jun-24 Operations Growth Exploration Corp, Tax, Care & Financing Jun-25 Loan Total cash cash flow capital Interest Maint cash c
Slide 7: Pathway to ~40kt Cu Equiv Production in FY28
PATHWAY TO ~40KT1 CU EQUIV PRODUCTION IN FY28 With processing capacity available to increase beyond 50ktpa through growth options Great Cobar Clear pathway to ~40kt copper production (commences FY28) equivalent production in FY28 Federation ramp up and Peak plant optimisation Base metals dominant re
Slide 8: Sequenced to Deliver Growth Projects
SEQUENCED TO DELIVER GROWTH PROJECTS Simplified and largest base metals operation in the Cobar Basin FY25 FY26 FY27 FY28 Federation Project Federation operational ramp up Delivered Water management upgrade $9.6M Peak Plant Optimisation $15-20M Great Cobar Project $5M $20-25M $45-55M $20-25M Targetin
Slide 9: Federation Ramping Up
FEDERATION RAMPING UP FY26 development and production (320kt - 340kt) Photo: Surface ventilation fans FY25 development and stoping FY26 development and stoping Photo: Aerial image of Federation site NOOSA MINING CONFERENCE | 24 JULY 2025 | PAGE 9
Slide 10: Federation Mining Ramp Up
FEDERATION MINING RAMP UP Majority of surface infrastructure complete, focus now on mining Development Metres (m) Planned mining ramp up 1,500 Development 1,134 impacted by rain 873 877 675 618 480 580-600kt 405 338 450-480kt 320-340kt 106kt Q1 FY24 Q2 FY24 Q3 FY24 Q4 FY24 Q1 FY25 Q2 FY25 Q3 FY25 Q4
Slide 11: Federation West
FEDERATION WEST Exciting discoveries adding to Federation ~140 metres from planned mining • Federation West discovered in April 2024 – FDD215 – 4.6m @ 33.9% Zn, 20.3% Pb, 1.6% Cu, 0.9g/t Au & 38g/t Ag1 • Additional lens in Federation West recently discovered – FDD222 – 3.0m @ 25.3% Zn, 11.0% Pb, 0.2
Slide 12: Celebrating the Start of Great Cobar Project
CELEBRATING THE START OF GREAT COBAR PROJECT 1 July 2025 NOOSA MINING CONFERENCE | 24 JULY 2025 | PAGE 12
Slide 13: Great Cobar Project Overview
GREAT COBAR PROJECT OVERVIEW1 Strong base case financial outcomes with potential to grow copper resource Twin decline from Jubilee commencing July 2025 3.6Mt @ 77kt Cu Targeting 500ktpa mining rate from FY30 2.3% Cu, 84koz Au Project Capital Development Metres (km) 0.9g/t Au Life of mine base case 2
Slide 14: Great Cobar Development
GREAT COBAR DEVELOPMENT NOOSA MINING CONFERENCE | 24 JULY 2025 | PAGE 14
Slide 15: Great Cobar Exploration
GREAT COBAR EXPLORATION Significant prospectivity and expansion potential • Mineral Resource Estimate limited mainly by JORC-compliant drilling • Significant mineralisation in non-JORC compliant drilling • Currently open at depth and along strike • Predictive magnetic inversion software modelling in
Slide 16: Key Focus Areas
KEY FOCUS AREAS Expanding margin, cash flow and developing copper growth options Disciplined capital allocation to retain strong cash balance quarter on quarter Safely deliver improved productivity from our operations to maximise cash from assets Safely ramping up Federation production Delivery of G
Slide 17: Contact
CONTACT T: +61 7 3180 5000 E: office@aureliametals.com.au Level 10, 10 Felix Street BRISBANE QLD 4000 GPO Box 7 BRISBANE QLD 4001 aureliametals.com