Aurum Resources Limited · ASX:AUE
Aurum Resources — Investor Presentation (February 2026)
28 slides from Aurum Resources's investor presentation, February 2026
Slide 1: Transitioning to the next west African gold major
www.aurumres.com.au | ASX:AUE FEBRUARY 2026 Transitioning to the next west African gold major
Slide 2: Disclaimer
Disclaimer This presentation prepared by Aurum Resources Ltd (“Company”) does not purport to contain all the information that a COMPLIANCE STATEMENT prospective investor may require in connection with any potential investment in the Company. You should not treat the contents The information in this
Slide 3: Building a West African Gold Major
Building a West African Gold Major The Multi-Asset Strategy Proven Mine Builders “ "Our objective is to build a substantial multi-asset gold business in Côte d'Ivoire. Our five-year roadmap prioritises the development of a high-capacity central processing facility Led by the team that built the 3.83
Slide 4: Disruptive Economics: Owner-Drilling Fleet
Disruptive Economics: Owner-Drilling Fleet Technical Competitive Advantage Exploration Velocity Aurum operates its own fleet of 12 diamond drill rigs, Ability to maintain continuous, multi-rig programs eliminating contractor margins and scheduling regardless of market sentiment. We drill more for ev
Slide 5: Corporate Overview
Corporate Overview CAPITAL STRUCTURE (ASX:AUE) A$0.765 347.8M A$266.1M ~A$40.1M* ~A$226.0M Share Price (16 Feb 2026) Shares on Issue Market Capitalisation *Cash unaudited Enterprise Value 31 Dec 2025 DIRECTORS MANAGEMENT ONE YEAR SHARE PRICE MOVEMENT RICHARD SIMPSON N’KZANA (FRED) YAO Non-Executive
Slide 6: Aurum's 3.28Moz Gold Resources in Côte d'Ivoire
Aurum’s 3.28Moz Gold Resources in Côte d'Ivoire 3.28Moz gold resource in Côte d'Ivoire, West Africa: • 2.41Moz Boundiali Gold Project • 0.87Moz Napié Gold Project Exploration upside (2,757 km2): Despite significant discovery success, Aurum has only tested ~15% of the priority targets identified acro
Slide 7: Boundiali and Napié: Two Project Growth Engine
Boundiali and Napié: Two Project Growth Engine Strategic, prospective land package • Boundiali is located within the same greenstone belt as: • Syama gold mine (11.5Moz) Resolute • Sissingué gold complex (~1 Moz) Perseus • Koné gold project (6Moz) Montage Gold • Atlantic Group’s Fonondara gold proje
Slide 8: Boundiali: The Central Processing Hub
Boundiali: The Central Processing Hub Hub & Spoke Operational Model • Gold Resources stand at 2.41Moz @ 1.0 g/t Au: • Indicated Resources 26Mt at 1.1 g/t Au for 920,000 ounces • Inferred Resources 51Mt at 0.9 g/t Au for 1,490,000 ounces • Centralised Infrastructure: Establishing a high-capacity CIP/
Slide 9: BD Gold JV Project: Multiple targets still to be drill tested
BD Gold JV Project: Multiple targets still to be drill tested 13km By 3km Nyangboue Gold Corridor • 1.1Moz discovered so far from drilling at three deposits (BDT1, BDT2 and BDT3) • Gold mineralisation hosted in a thick, north-south trending sandstone unit • Gold mineralisation remains open in all di
Slide 10: BD Gold JV Project: Example cross sections
BD Gold JV Project: Example cross sections BDT1 BDT3 AURUM RESOURCES 10 Refer to page 2 for reference to results reported previously and published on ASX platform
Slide 11: BM Gold JV Project: Multiple targets still to be drill tested
BM Gold JV Project: Multiple targets still to be drill tested Fast Growing and Underexplored • 0.9Moz discovered so far from drilling at two deposits (BMT1 and BMT3) • Gold mineralisation can occur as plunging high-grade shoots hosted in NNE trending shear zones • Gold mineralisation remains open in
Slide 12: BM Gold JV Project: Example cross sections
BM Gold JV Project: Example cross sections BMT3 BMT1 AURUM RESOURCES 12 Refer to page 2 for reference to results reported previously and published on ASX platform
Slide 13: BST Gold Project: Shallow resource primed for growth
BST Gold Project: Shallow resource primed for growth Multiple Drill-Ready Targets • 0.36Moz defined so far from shallow drilling at BST1 • Gold mineralisation is hosted in a thick, north-south trending sandstone/conglomerate package • Gold mineralisation remains open in all directions • Drilling ong
Slide 14: Boundiali PFS – On track for delivery in Q1 2026
Boundiali PFS – On track for delivery in Q1 2026 Free milling +95% gold recovery • Preliminary metallurgical testing indicates: Ore is likely suitable for a single-stage SAG mill circuit • Gravity gold recovery: Gold can be recovered at 50% to 60% using gravity methods at a 106µm grind • Relatively
Slide 15: Napié Gold Project: ~26km of undrilled gold-bearing shear
Napié Gold Project: ~26km of undrilled gold-bearing shear Over 93% of the MRE is shallower than 150m • 0.87Moz discovered so far from drilling at two deposits (Tchaga and Gogbala) • Gold mineralisation hosted in en-echelon quartz veins, stringers and vein breccias. Quartz veins are often associated
Slide 16: Napié Gold Project: Long section (Tchaga)
Napié Gold Project: Long section (Tchaga) AURUM RESOURCES 16 Refer to page 2 for reference to results reported previously and published on ASX platform
Slide 17: Napié Gold Project: Cross section (Tchaga)
Napié Gold Project: Cross section (Tchaga) AURUM RESOURCES 17 Refer to page 2 for reference to results reported previously and published on ASX platform
Slide 18: Côte d'Ivoire – Growing Gold Producer
Côte d'Ivoire – Growing Gold Producer � Stable Extensive Underexplored Proven Eight operating Excellent Birimian jurisdiction Gold mines infrastructure Political governance Gold-bearing rocks with World-class discovery For mine development >1.5Moz pa (Barrick, Extensive network of and strong economi
Slide 19: Growing Local Partnerships
Growing Local Partnerships • Aurum's success in Côte d'Ivoire is rooted in our deep commitment to the communities where we operate. • We prioritise local employment and sustainable environmental management. 1. 2. 1. Aurum was the sole sponsor of “PINK OCTOBER”, 2025. 2. Aurum is closely working with
Slide 20: 2026 Milestones
2026 Milestones CATALYST STATUS TIMELINE* STRATEGIC IMPACT Boundiali Resource Update Advanced Q1 2026 Confirmation of Hub scale Napié Resource Update Advanced Q1 2026 Confirmation of growth potential Boundiali PFS Advanced Q1 2026 Initial NPV and Capital Cost validation Environmental Approval Underw
Slide 21: Want to know more about Aurum?
Want to know more about Aurum? Contact us + 61 8 6559 1792 Richard Simpson Non-Executive Chairman � richard.simpson@aurumres.com.au Dr Caigen Wang Managing Director � caigen.wang@aurumres.com.au Mark Strizek Executive Director � mark.strizek@aurumres.com.au www.aurumres.com.au AURUM RESOURCES 21
Slide 22: Appendix
Appendix Ehouinsou Kacou Fabrice Ouattara Yaya (MAusIMM) Senior Exploration Geologist Exploration Manager AURUM RESOURCES 22
Slide 23: Appendix
Appendix Boundiali Statement of Mineral Resources by Deposit as at 30 September 2025, for BST1, BDT1, BDT2, BDT3, BMT1 and BMT3 deposits with 0.4 g/t Au cut off above 300m depth, and 1 g/t below 300m depth 1 Napié Mineral Resource Estimate; On 14 June 2022, a maiden Mineral Resource Estimate was rep
Slide 24: Napié Gold Project: Underexplored, significant potential for growth
Napié Gold Project: Underexplored, significant potential for growth AURUM RESOURCES 24 Refer to page 2 for reference to results reported previously and published on ASX platform
Slide 25: Napié Gold Project: Plan view (Tchaga)
Napié Gold Project: Plan view (Tchaga) AURUM RESOURCES 25 Refer to page 2 for reference to results reported previously and published on ASX platform
Slide 26: West Africa - Destination of Choice
West Africa - Destination of Choice ANNUAL Au PRODUCTION DISCOVERIES BY REGION BY AREA ANNUAL GOLD PRODUCTION BY REGION 2010-2021 IN MILLIONS OF OUNCES, FOR 2021 67Moz EXPLORATION CONSTRUCTION PRODUCTION Largest number of discoveries Low capital intensity with industry- 16Moz West Africa is +80% gol
Slide 27: West Africa - Destination of Choice (continued)
West Africa - Destination of Choice (continued) ANNUAL Au GOLD PRODUCTION PROJECT BY REGION CONSTRUCTION GOLD PROJECT CONSTRUCTION Based on 44 primary gold projects built since 2010 Capital intensity calculated as development capital costs divided by M&I resource as per the feasibility study Project
Slide 28: Aurum's Projects
Aurum’s Projects BM gold project JV 80% interest - PR0893 ("BM”), 400km2 Can earn 80-88% interest in future gold production company (Government gets 10% free carry from local partner): 80% if local partner contributes 11% capex 85% if local partner does not contribute capex – they go to 5% free carr
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