Auric Mining Ltd. · ASX:AWJ
Auric Mining — Spark Plus Pte Ltd Metals & Mining Day March 2022
16 slides from Auric Mining's conference presentation, Mar 2, 2022
Slide 1: Spark Plus Metals & Mining Day
For personal use only ASX ("AWJ") Spark Plus Pte Ltd Metals & Mining Day 1 3 March 2022
Slide 2: Important Notice
Important Notice For personal use only This Presentation (“Presentation”) has been prepared by Auric Mining Limited (“Auric” or “the Company”) to provide summary information about Auric and its associated entities and their activities current as at 3 March 2022. The information contained in this Pre
Slide 3: Auric's Projects: World Class Address
Auric’s Projects: World Class Address For personal use only auricmining.com.au 3
Slide 4: Widgiemooltha Gold Project
Widgiemooltha Gold Project For personal use only • Proven geological setting for gold and other mineralisation. • The tenement package surrounds the key Munda Project on 3 sides. • Substantial coverage at the north end of the Widgiemooltha Dome. • Even with the extensive mining history in the area,
Slide 5: Widgiemooltha: Munda Deposit
Widgiemooltha: Munda Deposit • For personal use only At date of acquisition by Auric, Munda had an Inferred resource of approximately 46,000oz Au at a 1g/t cut-off • Following re-evaluation of the historic drill hole data and two phases of RC drilling by Auric, the Munda resources have been upgraded
Slide 6: Widgiemooltha: Guest Prospect
Widgiemooltha: Guest Prospect For personal use only • The Guest Prospect is ~2km km southeast of Munda on a structural trend that links Guest with Munda. • First RC drilling program were completed in August 2021. Total of 9 holes for 864 metres drilled. • 4 holes were drilled to target historic work
Slide 7: Jeffreys Find Project: Road to Production
Jeffreys Find Project: Road to Production For personal use only Low Capex Development Potential Indicative Timetable • Jeffreys resource: From surface to 140m depth. • Metallurgical testwork: March 2022. • Scoping study: May 2022. • Grade control drilling: October 2022. • Feasibility study: June 202
Slide 8: Gold Resources
Gold Resources Auric Combined Gold Resources For personal use only 300,000 Total Estimated Ounces Gold 245,900 250,000 220,900 200,000 200,000 184,000 150,000 107,900 100,000 61,500 46,400 45,900 50,000 36,900 - - - 0 Jun-2020 Sep-2020 Nov-2020 Jan-2022 Inferred Indicated Total Gold Royalties • Stan
Slide 9: Company Strategy: Positioned for Growth
For personal use only Company Strategy: Positioned for Growth 2023-Onwards 2022 2023 Develop Larger-Scale Grow Resource Base Initial Production Projects Grow resources at Leverage cashflow Widgiemooltha and generated from Jeffreys Spargoville. Find production to Grow resources at develop larger scal
Slide 10: Cash Expenditure: August 2019 to December 2021
Cash Expenditure: August 2019 to December 2021 For personal use only Material cash expenditure Munda Gold Deposit Original cost, performance & royalty payout, stamp duty and exploration $ 3,826,060 NMT Gold Rights Original cost, stamp duty and exploration $ 784,939 Jeffreys Find Original cost, royal
Slide 11: Auric's Highlights and Investment Proposition
Auric’s Highlights and Investment Proposition For personal use only • Board and executive leadership team with track record of delivering success for shareholders. People • • Excellent technical team with proven results and serial success in project generation and development. Capability to acquire
Slide 12: Capital Structure: February 2022
Capital Structure: 28 February 2022 For personal use only $9.3M $2.2M Market Cap Cash 93.1M 60% Shares on Issue Tradeable Shares 43.9M 60% Options ($0.40 exercise price) Tradeable Options (expire 31 October 2023) Directors (27.39%) Mincor (3.94%) Neometals (3.68%) Largest Shareholder (7.73%) auricmi
Slide 13: Current Resources
For personal use only Current Resources Current Mineral Resource Estimates Deposit Cut off Category Tonnes Au Au Au g/t (Million) g/t koz Inferred 0.80 1.39 35.6 Munda 0.5 g/t Indicated 3.68 1.38 163.1 Subtotal 4.48 1.38 198.7 Inferred 0.30 1.08 10.3 Jeffreys Find 0.5 g/t Indicated 0.91 1.26 36.9 Su
Slide 14: Compliance Statements
Compliance Statements For personal use only The information in this presentation relating to current resource estimates for the Munda Gold Project is extracted from the announcement ‘Increase in Estimated Resources at Munda and Reclassification from Inferred to Indicated’ dated 28 January 2022 and i
Slide 15: Company Vision
Company Vision For personal use only “ To create shareholder wealth by becoming a successful gold developer in a Tier 1 mining “ province in Western Australia. auricmining.com.au 15
Slide 16: Thank You
For personal use only Thank You Contact Mark English Managing Director +61 409 372 775 menglish@auricmining.com.au John Utley Technical Director +61 409 109 687 jutley@auricmining.com.au Subscribe to Announcements
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