Significant Ngadju Native Title Agreement Executed
Released
Released
Announcement PDF
ANNOUNCEMENT TO THE AUSTRALIAN STOCK EXCHANGE
20 DECEMBER 2024
Significant Native Title Agreement
Executed with Ngadju
Highlights
•
Auric and the Ngadju Native Title Aboriginal Corporation have signed an historic
agreement.
•
Agreement provides clarity to Auric for the long term exploration and
development of all its tenements on Ngadju country.
•
Agreement encompasses the full 102,000 km² of Ngadju country.
•
Agreement creates meaningful economic opportunities for the Ngadju People.
•
Agreement supersedes all prior agreements.
Management and NNTAC Comment
Auric Mining’s Managing Director, Mark English, said: “This is a proud
moment on our Company's journey.
“The Agreement between Auric and the Ngadju signed on 17 December 2024 is
more than a legal document; it lays out a clear and mutually beneficial framework
for the development of Auric’s mining operations both now and in the future. It
demonstrates our commitment to collaborating with the Ngadju Native Title
Aboriginal Corporation and the Ngadju People with transparency and respect.
“Testament to the positive nature of our dialogue, we are proud to be one of the
first companies to establish an area-wide agreement across the full 102,000 km² of
Ngadju country.
“This agreement will expedite Auric’s development by streamlining the granting of
mining leases and approvals and providing clarity on long-term planning. Critically,
it ensures the recognition of Ngadju Native Title Rights while also creating meaningful
economic opportunities for the Ngadju People.
Auric Mining Limited
ACN 635 470 843
Level 1, 1 Tully Road, East Perth WA 6004
PO Box 1057, Joondalup DC WA 6919
info@auricmining.com.au
08 9548 9997
auricmining.com.au
ASX: AWJ
ANNOUNCEMENT TO THE AUSTRALIAN STOCK EXCHANGE
20 DECEMBER 2024
“Our commitment here goes beyond compliance – we are building a genuine,
sustainable relationship that respects cultural heritage, supports economic growth,
and creates lasting value for both Auric and the Ngadju People,” said Mr English.
Mr Graham O’Dell, the Managing Director of the Ngadju Native Title
Aboriginal Corporation said: “The Ngadju People take significant satisfaction
from the signing of an agreement with Auric.
“The agreement, one of the first of its kind, provides the Ngadju People and our
Corporation with certainty over the development and mining on all its country in
one agreement. We hold responsibility for a large area of land and it makes sense
to streamline the way we interact with business operators.
“We trust the agreement adds to the transparency and ease in which we operate,”
said Mr O’Dell.
The Announcement
Auric Mining Limited (ASX: AWJ) (Auric or the Company) is pleased to announce a
historic agreement has been signed between Auric and the Ngadju Native Title
Aboriginal Corporation (NNTAC) on behalf of the Ngadju People.
At a Ngadju Community Meeting on 17 December 2024 in Norseman, WA, the
Ngadju Native Title Aboriginal Corporation, on behalf of the Ngadju People, signed
a Project Area Wide Agreement in relation to Auric’s operations within Ngadju
country, which includes Jeffreys Find Gold Mine and other tenements in the
Norseman and Widgiemooltha districts and any other tenements that may be
acquired in the future by the Company.
The agreement, which was voluntarily entered into by Auric also applies to pre–
Native Title Mining Licenses and includes back payment to cover the mining
activities at Jeffreys Find Gold Mine during the past two years.
The agreement also stipulates the royalty arrangements whereby Auric mines gold,
nickel, lithium and other associated minerals.
The agreement has been negotiated over many years. The details in the agreement
represents a commitment to a partnership between Auric and the Ngadju People.
This agreement is designed to provide consultative processes, the recognition and
continued enjoyment of the native title rights and interests subject to the Native Title
Determination and the provision of benefits to the Ngadju People.
Auric Mining Limited
ACN 635 470 843
Level 1, 1 Tully Road, East Perth WA 6004
PO Box 1057, Joondalup DC WA 6919
info@auricmining.com.au
08 9548 9997
auricmining.com.au
ASX: AWJ
ANNOUNCEMENT TO THE AUSTRALIAN STOCK EXCHANGE
20 DECEMBER 2024
The agreement will provide Auric with clarity on Auric’s operations across Ngadju
country. It will also help expedite the granting of mining leases and approvals,
provide clarity on long-term planning, and support the growth of the Auric business.
Ngadju Native Title Determination
The Ngadju Native Title Aboriginal Corporation is the prescribed body corporate
that holds the native title rights and interests of the Ngadju People on trust.
The Ngadju people are the Traditional Owners and holders of Native Title over
approximately 102,000 km² of land encompassing the towns of Norseman and
Widgiemooltha and extending out to Cocklebiddy and Rawlinna in the east. Their
native title rights and interests were recognised by the Federal Court of Australia in
2014 and 2017.
The Agreement applies to the whole of the Native Title Determined Areas (Area) of
the Ngadju People and supersedes all other agreements with Auric. When Auric
acquires tenements or mineral interests from other parties within the Ngadju Area,
this new agreement will apply and will supersede any previous agreements.
Figure 1. Ngadju Native Title Determination Area Map.
Auric Mining Limited
ACN 635 470 843
Level 1, 1 Tully Road, East Perth WA 6004
PO Box 1057, Joondalup DC WA 6919
info@auricmining.com.au
08 9548 9997
auricmining.com.au
ASX: AWJ
ANNOUNCEMENT TO THE AUSTRALIAN STOCK EXCHANGE
20 DECEMBER 2024
This announcement has been approved for release by the Board of Auric Mining Ltd.
Corporate Enquiries
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Auric Mining Limited
ACN 635 470 843
Level 1, 1 Tully Road, East Perth WA 6004
PO Box 1057, Joondalup DC WA 6919
info@auricmining.com.au
08 9548 9997
auricmining.com.au
ASX: AWJ
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