Auric Mining Ltd. · ASX:AWJ
Auric Mining — NWR Perth Resources Lunch (July 2024)
14 slides from Auric Mining's conference presentation, Jul 30, 2024
Slide 1: Auric Mining Ltd NWR Perth Resources Lunch
Auric Mining Ltd NWR Perth Resources Lunch Mark English, Managing Director 30 July 2024
Slide 2: Forward Looking Statements and Compliance Statement
Forward Looking Statements and Compliance Statement This presentation does not include all available Information on Auric Mining Limited and should not be and, in the case of estimates of Mineral Resources and of the scoping study, that all material used in isolation as a guide to investing in the C
Slide 3: Auric ticks all the right boxes
Auric ticks all the right boxes Right People Right Structure • Board and leadership team with track • Only 3 years from ASX listing to first gold and record of delivering success for positive cashflow. shareholders. • Top 20 shareholders own 44.76%. • Experienced team covering all disciplines. • Dir
Slide 4: Company History
Company History ASX LISTING COMMENCE MINING FIRST CASH TO MINING JEFFREYS INCORPORATED MAJOR August 2019 February 2021 JEFFREYS FIND AURIC FIND ACQUISITIONS May 2023 December 2023 May 2024 September 2020 Company Commodity: Gold Focused Jurisdiction: Western Australia Strategy Assets: Near Term Produ
Slide 5: Right Structure
Right Structure 148.5 million 1,002 Shares on Issue Number of shareholders Shareholders 44.76% 55.24% on grouped 9.45 million 44.76% basis Unlisted Options Top 20 shareholders $34.2 million $3.48 million Top 20 - including Directors Other Shareholders Market Cap (30.06.2024) Cash at Bank (30.06.2024
Slide 6: Right People
Right People Have a track record of successful gold discovery, development and production. Now steering the Company towards becoming a highly profitable gold producer. Steven Morris Mark English John Utley Non-Executive Chairman Managing Director Technical Director Steven has over 25 years’ experien
Slide 7: Right Place
Right Place Auric Mining Projects • Auric’s tenements are between Kalgoorlie and Norseman in the heart of The Goldfields of Western Australia, a world class address. Brisbane • Excellent infrastructure and support services in Kalgoorlie Australia for gold mining. Perth Sydney • Outstanding location
Slide 8: Jeffreys Find Gold Mine
Jeffreys Find Gold Mine • Granted Mining Lease at date of Acquisition from Mincor Resources in September 2020. • Total cash spent by Auric on acquisition and development to date around $1.4 million. • Stage One of mining was completed in November 2023. Two campaigns produced 9,741 ounces of gold at
Slide 9: Right Mineral
Right Mineral A tremendous investment • As at 31 December 2023 already cash positive. • BML Ventures of Kalgoorlie as the JV Contractor bears the brunt of risk and assumes all overheads. Auric shares 50:50 in cash surpluses. • Project is performing well and with gold prices above $3,600+ an ounce pr
Slide 10: All roads lead to Munda.
All roads lead to Munda. • Granted Mining Lease at date of acquisition from Estrella Resources in September 2020. • Total cash spent by Auric on acquisition and development to date is approximately $7.3 million • Flagship asset holds approximately 200,000 ounces of mineral resources.
Slide 11: Right Mineral
Right Mineral • Flagship asset adjacent to the township of Widgiemooltha estimated to contain approximately 200,000 ounces of gold resources. • Grade control drilling completed in January 2024 has further advanced the project. • Binding Term Sheet executed with WIN Metals Ltd (WIN) to control mining
Slide 12: Highest Grade Intersections at Munda Gold Project
Highest Grade Intersections at Munda Gold Project Length Grade x Hole ID From (m) To (m) Au (g/t) (m) Length EMD002 102 148 46.00 8.40 386.2 MIRC004 51 52 1.00 321.00 321.0 MND1406 53 70 17.00 17.65 300.1 MGCR0401 8 24 16.00 12.54 200.6 MGCR0057 18 27 9.00 21.37 192.3 AMRC012 60 73 13.00 14.62 190.1
Slide 13: Company Vision
Company Vision • Develop Munda • Remain gold-focused • Look to acquire gold assets in the Western Australia Goldfields. • Rigorous exploration at our tenement package including Spargoville and Higginsville.
Slide 14: Our search to find & mine a million ounces of gold just got more interesting
Our search to find & mine a million ounces of gold just got more interesting. Please join us Follow our communications 14