NWR Investor Presentation
Released
Released
Announcement PDF
Australia’s
Next Integrated
Mining House
11 J U N E 2026
auricmining.com.au ASX:AWJ 1
• A junior gold producer targeting transformation
into an integrated mining house
• Kalgoorlie focus - world class mining address
• Excellent infrastructure and support services
• Proven and growing resources
• 200koz at 1.42 g/t Au
• Strategic Infrastructure
• Burbanks Gold Processing Facility (100%)
• 521km2 of prospective tenure
• Exploration projects with resource growth upside
2
A Golden Opportunity
auricmining.com.au ASX:AWJ
3
Proven Execution Capability
• Auric Mining listed in 2021
• Jeffreys Find (mined in 2023/2024)
• profit share mining arrangement with BML
• 3rd party processing
• 29,537oz sold, $112M revenue
• Munda Starter Pit (mined in 2025/2026)
• owner-operator mining
• 3rd party processing
• 8,886oz sold, $64M revenue
auricmining.com.au ASX:AWJ
A Clear Growth Strategy
• Own the processing infrastructure
• Reinstate Burbanks processing facility
• Scalable for future growth
• Commence mining multi-year operation at Munda
• Generate strong sustaining cash flow
• First integrated production target early 2028
• Expand resources via exploration and/or acquisition
4
“Control the value chain from exploration to production”
auricmining.com.au ASX:AWJ
Company Snapshot
187.1million
SHARES ON ISSUE
42.8million
OPTIONS & PERFORMANCE
RIGHTS
$52.0million
MARKET CAP (@ A$0.275)1
5
~1,600
NUMBER OF SHAREHOLDERS
48%
TOP 20 SHAREHOLDERS
(DIRECTORS 12%)
$49.0million
CASH & REAL ESTATE2
Top 20
(excl directors)
36%
Directors
12%
Other
52%
SHAREHOLDERS
BOARD OF DIRECTORS
Steve Morris Non-Executive Chairman
Mark English Managing Director
John Utley Technical Director
Gareth Solly CEO & Executive Director
RESEARCH COVERAGE
Taylor Collison
No debt No hedging
1. As of 8 June 2026
2. March 2026 Quarterly Reported cash + $3M property value
auricmining.com.au ASX:AWJ
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Burbanks Gold Facility
• Acquired Burbanks Gold Processing Facility at
Coolgardie for $4.4 million (September 2025)
• Main infrastructure benefits include three-phase power,
water licence, bitumen road, granted mining leases,
permits and location close to Coolgardie
• Accelerated development timeline and reduced capital
outlay by leveraging existing infrastructure/permits
• Technical studies are underway to determine optimal
processing plant size, with results to be released in
integrated mining study
• Facility will be capable of expansion
• Processing manager in place with studies and
engineering well underway
• Targeting commissioning by Q1 2028
auricmining.com.au ASX:AWJ
Munda Gold Mine
• The starter pit was developed as a test case for the broader
Munda deposit, providing insight into geology, metallurgy,
and mining characteristics
• Reconciled gold production overperformed by 46%
• Grade control drilling highlights the upside:
7
14m @ 115.67g/t Au 14m @ 14.51g/t Au
10m @ 40.31g/t Au 9m @ 21.05g/t Au
6m @ 66.44g/t Au 4m @ 46.88g/t Au
• Mineral Resource estimate increased by 32% to 194,000
ounces of gold¹ after Starter Pit depletion
• Stockpiles of 76,000t at 0.86g/t Au for 1,988oz - ready for
future processing
• Resource remains open at depth and along strike -
extensional drilling to commence in July 2026
¹ Appendix 2
Production Metrics Budget Actual Variance
Dry Tonnes Milled (t) 125,000 126,057 +1%
Reconciled Grade (g/t) 1.80 2.46 +37%
Mill Recovery (%) 83% 89.5% +8%
Gold Recovered (oz) 6,100 8,886 +46%
auricmining.com.au ASX:AWJ
Thick High-grade Intersections Highlight
the Potential of Munda Stage 2 Development
Hole ID From (m) To (m) Length (m) Au (g/t) Grade x Length
EMD002 102 148 46 8.40 386.2
MIRC004 51 52 1 321.00 321.0
MND1406 53 70 17 17.65 300.1
AMRC012 60 73 13 14.62 190.1
MND1405 72 83 11 16.51 181.6
MND1417 111 130 19 9.29 176.6
MND1508 96 114 18 9.09 163.6
MND1407 70 76 6 26.98 161.9
MIRC009 46 51 5 31.23 156.2
MIRC014 40 48 8 16.07 128.5
MND1636 94 100 6 20.44 122.6
8
• Studies to support a multi-year operation are underway -
environmental, hydrological and geotechnical for larger
pit footprint and potential future underground operations
• Q3 2027 target to commence mining ahead of process
plant commissioning
(Intersections greater than 100 gram-metres per tonne below the Starter Pit)
auricmining.com.au ASX:AWJ
9
Lindsay’s Project
• Located 60km northeast of Kalgoorlie, WA
• Historical open pit - 6,153oz Au mined at 1.93g/t from
Parrot Feathers trial pit in 2013
• Project comprises 7 tenements - 4 transferred to
Auric with tenure matters outstanding on remaining 3
• Significant scope for strong resource growth
• Strong potential for rapid restart of open pit mining
• Mine planning activities assessing the project as a
second ore source for potential Burbanks gold facility
expansion
auricmining.com.au ASX:AWJ
Spargoville Project
• <10km north of Wattle Dam Gold Mine - Ramelius mined
267,000oz Au (at 10.6g/t) between 2006 - 2012¹
• ~5km south of Spargos Reward – Karora mined 37,439oz Au
(at 3.1g/t) between 2021-2022²
• Initial targets include Fugitive & Anomaly 37
• Fugitive surface anomaly extends over 700m length and
previous results include:
• Additional AC & RC drilling in Q3 2026
10
2m @ 10.69g/t Au from 81m (ASRC021)
1m @ 12.1g/t Au from 132m (ASRC016)
7m @ 4.88g/t Au from 45m, including 3m @ 10.36g/t (ASRC023)
13m @ 1.35g/t Au from 58m (ASRC012)
¹ Astral Resources Website 2025, https://maximusresources.com/wattle-dam
² Westgold Resources Limited 2024: NI 43-101 Technical result, Higginsville Gold Deposit, Eastern Goldfields, WA
auricmining.com.au ASX:AWJ
Loded Dog Tenements
• Prospective tenements package within 5km of Higginsville
Gold Plant
• Numerous gold deposits, periodically mined in the area,
close to the 1 million+ ounce Trident deposit¹
• Shallow, high-grade targets include:
• Amorphous:
• Significant exploration potential. AC & RC drilling underway
11
2m @ 10.27g/t Au from 28m (AMC0007)
2m @ 8.63g/t Au from 22m (AMR0013)
5m @ 5.16g/t Au from 18m (AMR0015)
¹ Westgold Resources Limited 2024: NI 43-101 Technical result, Higginsville Gold Deposit, Eastern Goldfields, WA
• Foote’s Find:
3m @ 4.65g/t Au from 30m (FFP0010)
3m @ 4.99g/t Au from 41m (FFRC001)
4m @ 3.06g/t Au from 31m (FFRC002)
auricmining.com.au ASX:AWJ
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Chalice West
• Adjacent to Chalice Gold Mine, which produced
672,000oz Au (at 5.2g/t) over 7 years (from 1995)
• Gold and Rare Earths elements are focus on 371km2
tenement package
• First pass drilling to date has revealed previously
unrecognized greenstones mirroring Chalice Gold Mine
geology
• Significant exploration potential. AC & RC drilling
programs are underway
auricmining.com.au ASX:AWJ
Jeffreys Find
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• A perfect starting asset - short-life mine
generated more than $112M in gold sales
• Joint mining agreement with BML Ventures Pty
Ltd on 50:50 basis (now concluded)
• Auric capital outlay on acquisition, development
and all associated costs ~$1.2M
• Cash distributions to Auric $16.5 million
• Assessing exploration potential for growth of
remnant resource and target generation
Gold Sold 29,537 ounces
Gold Sales A$112 million
Total Costs (AISC/oz) A$79 million (A$2,675/oz)
Net Surplus A$33 million
Cash to Auric 50% A$16.5 million
FINANCIAL DATA
auricmining.com.au ASX:AWJ
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Other Assets
• Fully equipped 20-man mining camp purchased
September 2025
• Camp ideally located 6km from Munda Gold Mine.
Purchase includes other infrastructure and water rights
• Corporate office and warehouse purchased July 2024
• Value of camp and office exceeds $3M
auricmining.com.au ASX:AWJ
Strategic Priorities
Complete Study for the integration of Munda and Burbanks
Extensive drilling to grow resources across the portfolio
Expand management capabilities for larger mining project
Complete Lindsay’s acquisition; progress resource estimate,
mine planning & permitting for second operation
Commence mining larger pit at Munda, targeting Q3 2027
Commission Burbanks, targeting Q1 2028
Execute strategic acquisitions with near-term production
potential
15
1.
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4.
5.
6.
7.
auricmining.com.au ASX:AWJ
Investment Proposition
Strong
Foundations:
Junior with 3 years of
profit growth; a strong
balance sheet
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Growth
Options:
Ongoing expansion
through exploration
and acquisitions
Quality
Resources:
Open, thick high-grade
resources, proven to
overperform
Infrastructure
Strategy:
Own the infrastructure,
own the cash flow;
build a scalable and
sustainable business
Leadership
in Place:
A proven team, ready
for the next phase of
growth and higher
valuation
Integrated
Vision:
Aligning mining and
production to elevate
Auric to an integrated
mining house
“Control the value chain from exploration to production”
auricmining.com.au ASX:AWJ
Thank You
Auric Mining is transforming into a fully
integrated mining house – all happening
in the shadow of The Golden Eagle, the
legendary 1,135 ounce nugget
discovered just a few kilometres from the
Munda Gold Deposit.
Feel free to engage with us directly.
We welcome your enquiries.
17
PLEASE JOIN US
Follow our communications
At today’s value The Golden Eagle would sell for more than $6 million based on the gold
alone. As a nugget it is may be worth double that.
auricmining.com.au ASX:AWJ
Appendix 1: Compliance Statement & ASX Announcements
The information in this presentation relating to exploration results, production targets
and mining production is extracted from the following announcements all of which are
available to view on the Auric website: www.auricmining.com.au. The company
confirms that it is not aware of any new information or data that materially affects the
information included in the original market announcements. The company confirms
that the form and context in which the Competent Person’s findings are presented
have not been materially modified from the original market announcements.
Information on the Resource Estimates for Jeffreys Find is extracted from the 2024
Annual Report to shareholders announced to the ASX on 30 April 2025. Information on
the Resource Estimates for Munda is extracted from the report Munda Resource
Increased 32% announced to the ASX on 5 June 2026. Both reports are available to
view on the Company’s website: www.auricmining.com.au. The Company confirms
that it is not aware of any new information or data that materially affects the
information included in the original market announcements and that all material
assumptions and technical parameters underpinning the estimates in the relevant
market announcement continue to apply and have not materially changed. The
Company confirms that the form and context in which the Competent Persons’
findings are presented have not been materially modified from the original market
announcement.
18
Date Announcement
28 June 2023 Positive Scoping Study for Munda Gold Project
12 December 2024 Munda Gold Deposit Starter Pit Ore Reserve
24 February 2025 Jeffreys Find Gold Mine Gold Sales Exceed $100 Million
25 February 2025 Auric To Acquire Loded Dog Tenements Proximal To Higginsville Gold Deposits
13 March 2025 Due Diligence Completed Auric To Acquire Burbanks Facility
13 May 2025 Mining Commences at Munda Gold Mine
7 July 2025 Munda Toll Milling and Ore Purchase Agreement Executed
9 July 2025 Final Milling 60,000 Tonnes of Jeffreys Find Ore Commenced
9 September 2025 Completion of Purchase of Munda Related Assets
1 October 2025 Auric Successfully Completes Acquisition of Burbanks Plant
28 October 2025 Lindsays Gold Project Acquisition Update
5 November 2025 First Munda Gold Mine Sales at average A$6,130 an ounce
1 December 2025 Munda Gold Mine Campaign One Results
19 March 2026 Final Munda Starter Pit Outperforms For Golden Results
24 March 2026 Strong Bullion Sales Make For Shining Munda Finale
30 March 2026 31 December 2025 – Excellent Financial Results
29 April 2026 Quarterly Activities Report
30 April 2026 2025 Annual Report
5 June 2026 Munda Resource Increased 32%
auricmining.com.au ASX:AWJ
Appendix 2: Current Resources
Note: Numerical differences occur due to rounding
¹ (ASX:AWJ): 5 June 2026: Munda Resource Increased 32%
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Current Mineral Resource Estimates
Deposit
Cut off Category Tonnes Au Au
Au g/t (Thousand) g/t koz
Munda1
0.5 g/t
Indicated 3,500 1.45 163
Inferred 700 1.30 29
Stockpiles Indicated 80 0.86 2
0.5 g/t TOTAL 4,280 1.42 194
Jeffreys Find Resources
0.5 g/t
Indicated 10 2.1 1
Inferred 70 1.8 4
TOTAL 80 1.8 5
Combined 0.5 g/t
Indicated 3,600 1.44 167
Inferred 790 1.32 33
TOTAL 4,390 1.42 200
auricmining.com.au ASX:AWJ
Appendix 3: Forward Looking Statements
This presentation does not include all available Information on Auric
Mining Limited and should not be used in isolation as a guide to investing
in the Company. Any potential investor should also refer to Auric Mining
Limited’s Annual Reports and take independent professional advice
before considering investing in the Company. For further information
about Auric Mining Limited, visit our website: www.auricmining.com.au.
FORWARD-LOOKING STATEMENTS
This Presentation contains forward-looking statements which are
identified by words such as ‘may’, ‘could’, ‘believes’, ‘estimates’, ‘targets’,
‘expect’, or ‘intends’ and other similar words that involve risks and
uncertainties. These statements are based on an assessment of present
economic and operating conditions, and on a number of assumptions
regarding future events and actions that, as at the date of this
Presentation, are considered reasonable. Such forward-looking
statements are not a guarantee of future performance and involve known
and unknown risks, uncertainties, assumptions and other important
factors, many of which are beyond the control of the Company, the
Directors and the management. The Directors cannot and do not give any
assurance that the results, performance or achievements expressed or
implied by the forward-looking statements contained in this Presentation
will actually occur and investors are cautioned not to place undue reliance
on these forward-looking statements.
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DISCLAIMER
Whilst care has been exercised in preparing and presenting this presentation, to the
maximum extent permitted by law, the Company and its representatives:
• Make no representation, warranty or undertaking, express or implied, as to the
adequacy, accuracy, completeness or reasonableness of this Presentation;
• Accept no responsibility or liability as to the adequacy, accuracy, completeness or
reasonableness of this Presentation; and Accept no responsibility for any errors
or omissions from this Presentation.
MINERAL RESOURCES REPORTING REQUIREMENTS
As an Australian Company with securities listed on the Australian Securities
Exchange (ASX), Auric is subject to Australian disclosure requirements and
standards, including the requirements of the Corporations Act 2001 and the ASX.
Investors should note that it is a requirement of the ASX listing rules that the
reporting of mineral resources in Australia is in accordance with the JORC Code
and that Auric’s mineral resource estimates are reported in compliance with the
JORC Code, 2012 edition. The terms used in this announcement are as defined in
the JORC Code.
auricmining.com.au ASX:AWJ
Appendix 4: Board of Directors
Steven Morris
Non-Executive Chairman
Steven has over 25 years’
experience in financial
markets. He was Head of
Private Clients (Australia) for
Patersons Securities,
Managing Director of
Intersuisse Ltd, Founder and
Managing Director of Peloton
Shareholder Services and held
senior executive roles in the
Little Group.
Steven spent nine years on
the board of the Melbourne
Football Club. Steven was a
Non-Executive Director of De
Grey Mining Ltd (“DEG”) from
2014 to 2019 and Chairman of
ASX-listed Purifloh Ltd (“PO3”)
from 2013 to 2019.
Currently, Steven serves as a
Non-Executive Director at
EverGold Lithium (ASX:EG1).
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Mark English
Managing Director
Mark has a Bachelor of
Business degree, is a
Chartered Accountant,
member of the Australian
Institute of Company
Directors, fellow of the
Australian Institute of
Chartered Accountants, and
with a 45-year career in the
resources sector and
corporate services.
As Managing Director he
spearheaded Auric’s march to
an ASX listing. On a day-to-
day basis, Mark has particular
responsibility for Company
strategy, financial
management, corporate
development and acquisition
opportunities.
As co-founder and Managing
Director of Auric, Mark has
been actively involved in all
business activities since
inception.
John Utley
Technical Director
Co-founder John holds a
Masters degree in earth
sciences from the University of
Waikato in New Zealand,
with a 40 year career in mining
and exploration focussed on
the gold sector. He is a
member of the Australian
Institute of Geoscientists (AIG)
and the Australian Institute of
Mining and Metallurgy
(AusIMM).
John has worked in Australia,
South America, Papua New
Guinea and in Canada where
he was Chief Geologist for
Atlantic Gold Corporation
during exploration and
development of the Touquoy
Gold and other gold deposits
in Nova Scotia prior to its
acquisition by St Barbara.
John previously worked with
Plutonic Resources Ltd, where
he was head of the exploration
at Darlot Gold Mine, during the
discovery and development of
the 2.3Moz Centenary gold
deposit.
Gareth Solly
CEO & Executive Director
Gareth has over 25 years’
experience in the mining
industry predominantly in gold
producing companies and
Western Institute of Mining
and Metallurgy (AusIMM).
Gareth has held management
roles in some of the more
successful gold mining
businesses including Silver
Lake Resources and Saracen
Minerals.
Most recently, he was the
founding Managing Director of
Black Cat Syndicate which
successfully transitioned from
a junior exploration IPO into a
multi-asset gold production
company under Gareth’s
leadership.
A Board with a track record of
successful gold discovery,
development and production.
auricmining.com.au ASX:AWJ
Appendix 5: Company Milestones
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Aug 2019 Incorporated
Feb 2021 Listed on the ASX
May 2023 Mining commenced at Jeffreys Find
May 2025 Mining commenced at Munda Starter Pit
Sep 2025 Acquisition of Burbanks Mill
Oct 2025 Commenced toll treatment of Munda ore
Nov 2025 Tenement Sale Agreement for Lindsay’s Gold Project executed
Feb 2026 Starter Pit completed at Munda
Mar 2026 Completion of gold sales from Munda, realising ~$64M
auricmining.com.au ASX:AWJ
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