Strong Drilling Results Ahead of Larger Munda Development
Released
Released
Announcement PDF
ANNOUNCEMENT TO THE AUSTRALIAN SECURITIES EXCHANGE 24 SEPTEMBER 2026
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
Strong Drilling Results Ahead of Larger Munda Development
Highlights
• Drilling programs at the Munda Gold Mine are ongoing, targeting potential extension to
the Resource, initial grade control and sterilisation for infrastructure ahead of the
planned restart of mining in 2027. Initial results from the continuing programs include:
• Broad spaced RC drilling, targeting potential extension of the resource west of the
planned open pit have returned a large number of mineralised zones similar to other
areas of the Munda resource, including:
o 4m @ 10.49 g/t Au from 46m
• Additional extensional drilling will recommence in this area shortly.
• Initial results from close spaced grade control drilling targeting the upper 30m of the
planned pit show similar grade distribution to the Starter Pit and include:
o 15m @ 5.56 g/t from 6m
o 4m @ 19.34 g/t from 9m
o 9m @ 7.82 g/t from 17m
o 14m @ 3.92 g/t from 6m
o 10m @ 4.66 g/t from 13m
• RC drilling targeting depth extensions at the western end of the planned pit have
commenced. RC drilling will also commence below the deepest section of the designed
pit over the coming months targeting extension and/or future underground potential.
• Geotechnical diamond drilling has been completed and engineering for final pit design
and Ore Reserve estimation is expected to be finished in October 2026.
Mr Mark English, Managing Director, said:
“These initial results are an encouraging start to our substantial drilling program at Munda.
The high-grade extensional intercept of 4m at 10.49 g/t gold supports the potential to grow
the Resource along strike beyond the current pit design, while the grade control results
continue to demonstrate strong near-surface mineralisation within the planned open pit.
“With extension and grade control drilling continuing, geotechnical drilling completed and
final pit design and Ore Reserve work advancing, we are steadily de-risking the next stage
of development ahead of the planned recommencement of mining in 2027.”
ANNOUNCEMENT TO THE AUSTRALIAN SECURITIES EXCHANGE 24 SEPTEMBER 2026
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
Munda Project
Auric Mining Limited (ASX: AWJ) (“Auric” or the “Company”) is pleased to provide an
update on drilling at the Munda Gold Project (“Munda”) as the Company advances the
Project toward the next stage of open pit mining development.
The drilling programs comprise broad spaced RC drilling targeting potential extensions to
the Munda gold deposit beyond the western margin of the currently defined Mineral
Resources, grade control drilling as a precursor to detailed mine planning, geotechnical
diamond drilling to define pit wall parameters and shallow RC sterilisation drilling to confirm
the site of the Waste Rock Landform (Figure 1). Significant assays include:
Western Extension RC Drilling
• 4m @ 10.49 g/t from 46m
RC Grade Control Drilling
• 9m @ 7.82 g/t from 17m, incl. 1m @ 26.40 g/t
• 10m @ 4.66 g/t from 13m
• 15m @ 5.56 g/t from 6m, incl. 3m @ 19.30 g/t
• 5m @ 8.73 g/t from 12m, incl. 1m @ 25.80 g/t
• 4m @ 19.34 g/t from 9m, incl. 2m @ 38.10 g/t
• 3m @ 11.61 g/t from 19m, incl. 1m @ 33.2 g/t
• 14m @ 3.92 g/t from 6m, incl. 1m @ 35.20 g/t
• 9m @ 5.00 g/t from 3m
Figure 1. RC extension and grade control drill holes (red)with significant assays at 0.5 >30gxm/t
ANNOUNCEMENT TO THE AUSTRALIAN SECURITIES EXCHANGE 24 SEPTEMBER 2026
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
Western Extension RC Drilling
An initial phase of RC drilling, to potentially extend the Munda gold deposit along strike to
the west has been completed and the Drill Safe Services drill is currently targeting below the
western-lobe of the Stage 2 pit design (Figure 2).
Assay results from the western-extension area include an intercept of 4m @ 10.49 g/t from
46m together with a large number of significant intercepts at a 0.5g/t cut-off (Appendix A).
This pattern of results is similar to the Starter Pit area where the mineralisation is predominantly
within the mafics but close to the ultramafic contact. The distribution of the assays in the
northern-most holes of the drill traverses vectors further drilling toward the ultramafic
contact. The next phase of drilling targeting that area will commence shortly.
Figure 2. RC extension drill holes (red) and significant assays at 0.5 g/t cut-off
ANNOUNCEMENT TO THE AUSTRALIAN SECURITIES EXCHANGE 24 SEPTEMBER 2026
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
RC Grade Control Drilling
A grade control rig operated by Kalgoorlie-based Total Drilling Services is progressively
drilling the as-modelled Mineral Resource panels from surface within the Stage 2 pit design.
A total of 92 holes have so far been completed for 2,226m. The program will provide
definition of ore blocks down to approximately 30m depth below surface and will ensure a
smooth ramp up to full production in concert with commissioning of the 600ktpa Burbanks
Processing Plant.
Mining of the Starter Pit and associated grade control drilling demonstrated that localised
high grades have a considerable influence on the overall gold inventory. The grade control
drilling for the Stage 2 pit continues to demonstrate the same style of mineralisation (Figure
1).
Geotechnical Diamond Drilling
Four diamond drill holes have been completed by Westralian Diamond Drillers for a total of
580m. The holes were drilled to determine geotechnical parameters for Stage 2 pit walls
and were logged and sampled by Auric personnel under the supervision of geotechnical
consultants, Peter O’Bryan and Associates.
The geotechnical parameters provide the final component needed to confirm or refine the
Stage 2 pit design which in turn will allow the definition of Ore Reserves.
The Company expects to publish these Ore Reserves during October 2026, after
optimisation and pit design work has been completed.
Sterilisation Drilling
Sterilisation drilling of the proposed waste dump location (Figure 3) has commenced with
29 RC drill holes completed for 1,475m. No assays have been received to date with the
drilling program ongoing.
Drillhole Details
Details for all drill holes described in this announcement are provided in Appendices A
through D. The details include length weighted significant intercepts at 0.5 g/t Au cut-off.
ANNOUNCEMENT TO THE AUSTRALIAN SECURITIES EXCHANGE 24 SEPTEMBER 2026
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
Figure 3. Munda Gold Project – Proposed Stage 2 Site Layout
Drilling and Sampling Procedures
RC drill holes, including grade control holes, are sampled at 1m intervals via a fixed-cone
splitter and samples assayed for gold using a 40g fire assay with AAS analysis Any pegmatite
intervals are identified and assayed for lithium using a 4-acid digest and ICP-MS analysis.
ANNOUNCEMENT TO THE AUSTRALIAN SECURITIES EXCHANGE 24 SEPTEMBER 2026
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
The drill hole lithologies in RC and Sterilisation drill holes are described by a geologist and
the descriptions captured, along with drill hole location and sample and assay data, in a
MaxGeo DataShed data management system.
Grade control holes are more simply described for the oxidation profile and any pegmatite
intervals.
The diamond drill holes are located and oriented relative to the corresponding pit walls
rather than to gold mineralisation and have not been sampled for assay.
A JORC checklist describing sampling techniques and reporting criteria is shown in
Appendix E.
Competent Person Statement
The information in this announcement that relates to exploration and drilling results for the
Munda Project is based on and fairly represents information and supporting documentation
compiled by Mr John Utley, who is a full-time employee of Auric Mining Limited. Mr Utley is
a Competent Person and a member of the Australian Institute of Geoscientists. Mr Utley has
sufficient experience that is relevant to the style of mineralisation and type of deposit under
consideration and to the activity being undertaken to qualify as a Competent Person as
defined in the 2012 Edition of the ‘Australasian Code for Reporting of Exploration Results,
Mineral Resources and Ore Reserves’. Mr Utley consents to the inclusion in the report of the
matters based on his information in the form and context in which it appears.
Forward Looking Statements
This Announcement may contain forward-looking statements which are identified by words
such as ‘may’, ‘could’, ‘should’, ‘believes’, ‘estimates’, ‘targets’, ‘expected’, 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 several assumptions
regarding future events and actions that, as at the date of this Announcement, 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 Announcement will occur and investors are cautioned not to place undue
reliance on these forward-looking statements.
This announcement has been approved for release by the Board of Auric Mining Ltd.
Corporate Enquiries
Mark English
Managing Director
Auric Mining Limited
T +61 409 372 775
E menglish@auricmining.com.au
Gareth Solly
CEO and Executive Director
Auric Mining Limited
T +61 8 9548 9997
E gsolly@auricmining.com.au
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ANNOUNCEMENT TO THE AUSTRALIAN SECURITIES EXCHANGE 24 SEPTEMBER 2026
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
Appendix A – Western Extension RC Drill Hole Coordinates and Significant Au Intercepts at
0.5g/t Cut Off¹
Hole Collar coordinate (GDA 94) Hole Hole Orientation Intercept³
ID East North RL Depth (m) Type² Az./Incl.
AMRC063 359860 6513685 394.6 116 RC 360/-90 1m @ 1.01 g/t from 87m
AMRC064 359780 6513685 396.1 119 RC 360/-90 1m @ 0.65 g/t from 88m
AMRC065 359780 6513645 394.6 119 RC 360/-90 1m @ 0.57 g/t from 88m
AMRC065 1m @ 0.98 g/t from 91m
AMRC066 359860 6513645 386.4 108 RC 360/-90 2m @ 1.36 g/t from 84m
AMRC067 359940 6513645 382.3 101 RC 360/-90 1m @ 0.68 g/t from 82m
AMRC068 359940 6513665 385.8 107 RC 360/-90 1m @ 0.64 g/t from 32m
AMRC069 359934 6513678 389.3 111 RC 360/-90 2m @ 7.16 g/t from 72m
AMRC070 359939 6513625 380.0 101 RC 360/-90 1m @ 0.54 g/t from 39m
AMRC070 1m @ 0.62 g/t from 54m
AMRC071 359938 6513605 377.5 99 RC 360/-90 1m @ 1.15 g/t from 20m
AMRC072 359938 6513585 376.2 97 RC 360/-90 1m @ 3.36 g/t from 11m
AMRC072 4m @ 10.49 g/t from 46m
AMRC072 1m @ 0.68 g/t from 57m
AMRC073 359938 6513566 375.0 96 RC 360/-90 NSI
AMRC074 359937 6513544 373.8 94 RC 360/-90 1m @ 0.55 g/t from 10m
AMRC075 359944 6513489 370.7 92 RC 360/-90 NSI
AMRC076 359943 6513505 371.8 92 RC 360/-90 1m @ 0.50 g/t from 5m
AMRC077 359941 6513524 372.6 93 RC 360/-90
AMRC078 359984 6513485 375.6 96 RC 360/-90 1m @ 0.72 g/t from 55m
AMRC078 1m @ 0.50 g/t from 77m
AMRC079 359983 6513505 376.0 97 RC 360/-90
AMRC080 359977 6513665 385.6 107 RC 360/-90 2m @ 0.80 g/t from 97m
AMRC081 359977 6513647 383.1 102 RC 360/-90 1m @ 0.96 g/t from 45m
AMRC082 359977 6513625 382.2 102 RC 360/-90 1m @ 0.59 g/t from 40m
AMRC082 1m @ 0.59 g/t from 78m
AMRC083 359978 6513605 382.1 104 RC 360/-90 1m @ 0.57 g/t from 39m
AMRC083 1m @ 0.57 g/t from 43m
AMRC083 1m @ 2.08 g/t from 56m
AMRC084 359979 6513524 375.7 96 RC 360/-90 2m @ 0.52 g/t from 3m
AMRC085 359982 6513565 379.9 100 RC 360/-90 2m @ 0.67 g/t from 0m
AMRC086 359982 6513586 381.5 103 RC 360/-90 2m @ 0.55 g/t from 7m
AMRC087 359986 6513692 391.6 112 RC 360/-90 1m @ 0.59 g/t from 90m
AMRC087 4m @ 0.96 g/t from 103m
AMRC088 359850 6513606 384.9 105 RC 360/-90 NSI
AMRC089 359780 6513605 387.5 108 RC 360/-90 NSI
AMRC090 359853 6513522 380.1 101 RC 360/-90 NSI
AMRC091 360021 6513486 381.0 101 RC 360/-90 NSI
AMRC092 360022 6513504 382.0 102 RC 360/-90 NSI
AMRC093 360024 6513524 382.2 103 RC 360/-90 NSI
AMRC094 359782 6513523 376.5 97 RC 360/-90 NSI
ANNOUNCEMENT TO THE AUSTRALIAN SECURITIES EXCHANGE 24 SEPTEMBER 2026
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
AMRC095 359938 6513595 377.0 89 RC 360/-90 NSI
AMRC096 359937 6513575 375.4 89 RC 360/-90 1m @ 1.47 g/t from 54m
AMRC097 359866 6513572 379.2 100 RC 360/-90 NSI
AMRC098 359979 6513540 376.9 98 RC 360/-90 2m @ 0.79 g/t from 0m
AMRC098 1m @ 0.96 g/t from 1m
AMRC099 359774 6513485 373.9 95 RC 360/-90 NSI
AMRC100 359855 6513485 383.2 105 RC 360/-90 NSI
AMRC101 359780 6513566 381.7 103 RC 360/-90 NSI
AMRC102 360021 6513543 383.1 105 RC 360/-90 2m @ 0.65 g/t from 24m
AMRC103 360081 6513546 381.6 62 RC 360/-90 1m @ 0.99 g/t from 17m
AMRC103 1m @ 0.50 g/t from 28m
AMRC103 1m @ 0.58 g/t from 34m
AMRC103 1m @ 0.57 g/t from 39m
AMRC104 360100 6513545 380.2 81 RC 360/-90 4m @ 0.91 g/t from 3m
AMRC104 1m @ 0.70 g/t from 17m
AMRC104 4m @ 1.51 g/t from 21m
AMRC104 6m @ 1.63 g/t from 33m
AMRC104 3m @ 0.53 g/t from 57m
¹ Significant intercepts calculated at 0.50 g/t cut off, up to 2m internal dilution, no upper cut.
² Hole type
³ Intercept
RC RC
DD Diamond
NSI No significant intercept
ANNOUNCEMENT TO THE AUSTRALIAN SECURITIES EXCHANGE 24 SEPTEMBER 2026
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
Appendix B – RC Grade Control Drill Hole Coordinates and Significant Au Intercepts at
0.5g/t Cut Off¹
Hole Collar coordinate (GDA 94) Hole Hole Orientation Intercept³
ID East North RL Depth (m) Type² Az./Incl.
MGCR01738 360460 6513655 375.0 30 RC 360/-90 1m @2.95 g/t from 17m
MGCR01738 1m @ 0.73 g/t from 24m
MGCR01739 360460 6513665 375.1 30 RC 360/-90 8m @ 0.94 g/t from 20m
MGCR01741 360460 6513735 355.7 11 RC 360/-90 1m @ 0.93 g/t from 4m
MGCR01744 360460 6513780 379.5 35 RC 360/-90 1m @ 2.93 g/t from 33m
MGCR01745 360460 6513785 379.5 35 RC 360/-90 NSI
MGCR01752 360465 6513740 356.7 12 RC 360/-90 3m @ 1.50 g/t from 4m
MGCR01760 360470 6513665 374.6 30 RC 360/-90 NSI
MGCR01761 360470 6513675 374.9 30 RC 360/-90 NSI
MGCR01762 360470 6513685 375.5 31 RC 360/-90 NSI
MGCR01769 360470 6513745 357.1 13 RC 360/-90 NSI
MGCR01772 360470 6513775 377.7 33 RC 360/-90 1m @ 0.56 g/t from 18m
MGCR01772 5m @ 2.23 g/t from 27m
MGCR01773 360470 6513780 378.5 34 RC 360/-90 1m @ 3.24 g/t from 33m
MGCR01774 360470 6513785 379.1 35 RC 360/-90 2m @ 3.97 g/t from 3m
MGCR01783 360480 6513740 358.8 14 RC 360/-90 NSI
MGCR01784 360475 6513740 358.0 13 RC 360/-90 1m @ 1.08 g/t from 0m
MGCR01790 360476 6513770 376.1 32 RC 360/-90 5m @ 0.97 g/t from 12m
MGCR01791 360475 6513775 376.8 32 RC 360/-90 1m @ 0.77 g/t from 20m
MGCR01792 360474 6513779 377.6 33 RC 360/-90 NSI
MGCR01802 360480 6513675 375.0 30 RC 360/-90 NSI
MGCR01803 360480 6513685 375.5 31 RC 360/-90 NSI
MGCR01804 360480 6513695 375.9 31 RC 360/-90 NSI
MGCR01805 360480 6513705 376.3 32 RC 360/-90 NSI
MGCR01811 360480 6513735 358.9 14 RC 360/-90 NSI
MGCR01818 360480 6513770 375.3 31 RC 360/-90 1m @ 1.30 g/t from 17m
MGCR01819 360480 6513775 376.0 32 RC 360/-90 NSI
MGCR01835 360485 6513731 359.9 16 RC 360/-90 NSI
MGCR01841 360485 6513765 373.8 29 RC 360/-90 NSI
MGCR01842 360485 6513770 374.5 30 RC 360/-90 2m @ 0.58 g/t from 17m
MGCR01861 360490 6513730 360.6 16 RC 360/-90 1m @ 1.92 g/t from 0m
MGCR01862 360490 6513735 360.4 16 RC 360/-90 NSI
MGCR01867 360490 6513760 372.4 28 RC 360/-90 5m @ 2.13 g/t from 22m
MGCR01868 360489 6513765 373.2 29 RC 360/-90 1m @ 1.80 g/t from 28m
MGCR01888 360495 6513730 361.4 17 RC 360/-90 1m @ 1.18 g/t from 4m
MGCR01888 1m @ 1.27 g/t from 12m
MGCR01891 360496 6513750 370.3 26 RC 360/-90 1m @ 0.68 g/t from 12m
Incl.1m @ 26.40 g/t from 19m
MGCR01891 9m @ 7.82 g/t from 17m
MGCR01892 360495 6513755 370.8 26 RC 360/-90 6m @ 1.71 g/t from 18m
MGCR01893 360495 6513760 371.8 28 RC 360/-90 10m @ 1.64 g/t from 17m
MGCR01911 360500 6513725 362.5 18 RC 360/-90 2m @ 2.61 g/t from 6m
ANNOUNCEMENT TO THE AUSTRALIAN SECURITIES EXCHANGE 24 SEPTEMBER 2026
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
MGCR01911 3m @ 1.42 g/t from 15m
MGCR01915 360500 6513745 368.9 24 RC 360/-90 1m @ 8.46 g/t from 0m
MGCR01915 10m @ 4.66 g/t from 13m
MGCR01916 360500 6513750 369.7 25 RC 360/-90 1m @ 1.04 g/t from 0m
MGCR01916 3m @ 1.39 g/t from 16m
MGCR01916 3m @ 3.15 g/t from 22m
MGCR01917 360500 6513755 370.6 26 RC 360/-90 1m @ 0.66 g/t from 12m
MGCR01917 2m @ 4.48 g/t from 24m
MGCR01938 360505 6513720 363.4 19 RC 360/-90 4m @ 5.34 g/t from 12m
MGCR01940 360505 6513740 367.6 23 RC 360/-90 15m @ 5.56 g/t from 6m
Incl. 3m @ 19.30 g/t from 9m
MGCR01941 360505 6513745 368.4 24 RC 360/-90 6m @ 1.30 g/t from 18m
MGCR01958 360510 6513710 364.1 20 RC 360/-90 NSI
MGCR01959 360510 6513715 364.1 20 RC 360/-90 3m @ 6.84 g/t from 17m
MGCR01960 360510 6513720 363.9 19 RC 360/-90 1m @ 0.60 g/t from 0m
MGCR01960 5m @ 4.21 g/t from 4m
MGCR01961 360510 6513725 363.8 20 RC 360/-90 2m @ 7.49 g/t from 1m
MGCR01963 360510 6513735 366.1 22 RC 360/-90 11m @ 1.01 g/t from 0m
MGCR01964 360510 6513739 366.8 22 RC 360/-90 1m @ 0.97 g/t from 16m
MGCR01988 360515 6513705 364.6 20 RC 360/-90 3m @ 0.62 g/t from 17m
MGCR01989 360515 6513710 364.5 20 RC 360/-90 NSI
MGCR01990 360515 6513715 364.2 20 RC 360/-90 1m @ 1.18 g/t from 1m
MGCR01990 5m @ 8.73 g/t from 12m
Incl. 1m @ 25.80 g/t from 13m
MGCR01991 360515 6513720 364.3 20 RC 360/-90 2m @ 1.73 g/t from 1m
MGCR01991 2m @ 0.74 g/t from 12m
MGCR01992 360515 6513730 365.0 21 RC 360/-90 2m @ 1.65 g/t from 0m
MGCR01993 360515 6513735 365.5 21 RC 360/-90 NSI
MGCR01999 360520 6513645 374.1 30 RC 360/-90 NSI
MGCR02000 360520 6513655 374.7 30 RC 360/-90 1m @ 0.51 g/t from 0m
MGCR02001 360520 6513665 375.4 31 RC 360/-90 1m @ 1.30 g/t from 9m
MGCR02002 360520 6513675 376.3 32 RC 360/-90 2m @ 0.67 g/t from 9m
MGCR02002 2m @ 1.29 g/t from 28m
MGCR02006 360520 6513700 365.6 21 RC 360/-90 3m @ 1.92 g/t from 0m
MGCR02006 1m @ 2.43 g/t from 7m
MGCR02007 360520 6513705 365.0 20 RC 360/-90 4m @ 0.91 g/t from 0m
MGCR02008 360520 6513710 364.7 20 RC 360/-90 1m @ 0.67 g/t from 5m
MGCR02009 360520 6513715 364.6 20 RC 360/-90 1m @ 0.73 g/t from 3m
MGCR02009 4m @ 19.34 g/t from 9m
Incl. 2m @ 38.10g/t from 9m
MGCR02010 360520 6513720 364.4 20 RC 360/-90 1m @ 0.51 g/t from 2m
MGCR02011 360520 6513725 364.5 20 RC 360/-90 1m @ 1.56 g/t from 1m
MGCR02012 360520 6513730 364.8 20 RC 360/-90 4m @ 2.41 g/t from 1m
MGCR02038 360525 6513700 365.8 21 RC 360/-90 1m @ 1.04 g/t from 0m
MGCR02038 2m @ 1.70 g/t from 5m
MGCR02038 1m @ 0.55 g/t from 13m
ANNOUNCEMENT TO THE AUSTRALIAN SECURITIES EXCHANGE 24 SEPTEMBER 2026
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
MGCR02038 1m @ 1.63 g/t from 20m
MGCR02039 360525 6513705 365.3 21 RC 360/-90 NSI
MGCR02040 360525 6513710 365.2 33 RC 360/-90 2m @ 0.80 g/t from 10m
MGCR02040 1m @ 0.67 g/t from 14m
MGCR02041 360525 6513720 364.5 20 RC 360/-90 NSI
MGCR02044 360530 6513645 374.5 30 RC 360/-90 NSI
MGCR02045 360530 6513655 375.0 31 RC 360/-90 NSI
MGCR02046 360530 6513665 375.8 31 RC 360/-90 9m @ 5.00 g/t from 3m
MGCR02054 360530 6513710 365.9 22 RC 360/-90 3m @ 0.94 g/t from 13m
MGCR02055 360530 6513715 365.5 20 RC 360/-90 NSI
MGCR02056 360530 6513720 365.1 20 RC 360/-90 1m @ 0.52 g/t from 15m
MGCR02083 360535 6513710 366.0 22 RC 360/-90 1m @ 1.23 g/t from 8m
MGCR02083 1m @ 7.26 g/t from 13m
MGCR02084 360535 6513720 365.8 22 RC 360/-90 1m @ 1.11 g/t from 1m
MGCR02084 2m @ 6.49 g/t from 13m
MGCR02095 360540 6513705 366.5 22 RC 360/-90 6m @ 1.01 g/t from 15m
MGCR02096 360540 6513710 366.1 22 RC 360/-90 2m @ 4.19 g/t from 7m
MGCR02096 4m @ 0.92 g/t from 17m
MGCR02097 360540 6513715 366.1 21 RC 360/-90 5m @ 2.93 g/t from 0m
MGCR02097 1m @ 6.11 g/t from 19m
MGCR02125 360545 6513710 366.1 22 RC 360/-90 2m @ 1.89 g/t from 1m
MGCR02125 1m @ 2.05 g/t from 6m
MGCR02137 360550 6513705 366.2 22 RC 360/-90 2m @ 2.17 g/t from 0m
MGCR02137 1m @ 1.85 g/t from 13m
MGCR02138 360550 6513710 366.2 22 RC 360/-90 4m @ 0.65 g/t from 5m
MGCR02138 1m @ 0.76 g/t from 15m
MGCR02166 360555 6513705 366.6 22 RC 360/-90 2m @ 1.30 g/t from 0m
MGCR02166 1m @ 1.64 g/t from 5m
MGCR02166 5m @ 0.81 g/t from 9m
MGCR02166 3m @ 11.62 g/t from 19m
Incl. 1m @ 33.2g/t from 19m
MGCR02178 360560 6513700 367.8 23 RC 360/-90 13m @ 1.43 g/t from 0m
MGCR02179 360560 6513705 367.3 23 RC 360/-90 14m @ 3.92 g/t from 6m
Incl. 1m @ 35.20g/t from 8m
MGCR02203 360565 6513690 368.6 25 RC 360/-90 1m @ 0.70 g/t from 2m
MGCR02203 1m @ 3.86 g/t from 10m
MGCR02203 5m @ 1.00 g/t from 19m
MGCR02204 360565 6513695 368.4 24 RC 360/-90 4m @ 1.41 g/t from 17m
MGCR02205 360565 6513700 368.6 24 RC 360/-90 1m @ 0.81 g/t from 17m
MGCR02205 2m @ 1.71 g/t from 21m
MGCR02214 360570 6513690 368.7 24 RC 360/-90 1m @ 2.94 g/t from 8m
MGCR02215 360570 6513695 368.8 24 RC 360/-90 1m @ 0.64 g/t from 3m
¹ Significant intercepts calculated at 0.50 g/t cut off, up to 2m internal dilution, no upper cut.
² Hole type
³ Intercept
RC RC
DD Diamond
NSI No significant intercept
ANNOUNCEMENT TO THE AUSTRALIAN SECURITIES EXCHANGE 24 SEPTEMBER 2026
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
Appendix C – Geotechnical Diamond Drill Hole Coordinates
Hole Collar coordinate (GDA 94) Hole Hole Orientation
ID East North RL Depth (m) Type² Az./Incl.
MGT01 360642 6513607 375.6 140 DD 355/-60
MGT02 360590 6513852 378.3 145 DD 210/-60
MGT03 360458 6513616 375.6 145 DD 360/-60
MGT04 360191 6513746 395.8 150 DD 210/-55
Appendix D – Sterilisation RC Drill Hole Coordinates
Hole Collar coordinate (GDA 94) Hole Hole Orientation
ID East North RL Depth (m) Type² Az./Incl.
MWRL0001 359600.302 6513800.190 379.807 50 RC 360/-90
MWRL0002 359600.574 6513900.368 376.379 50 RC 360/-90
MWRL0003 359599.854 6514000.282 374.330 50 RC 360/-90
MWRL0004 359600.351 6514099.726 373.918 50 RC 360/-90
MWRL0005 359799.224 6513900.213 383.166 50 RC 360/-90
MWRL0006 359801.156 6514003.795 378.502 50 RC 360/-90
MWRL0007 359799.429 6514100.364 376.009 50 RC 360/-90
MWRL0008 359800.075 6514200.587 374.567 50 RC 360/-90
MWRL0009 359958.737 6513894.918 386.673 50 RC 360/-90
MWRL0010 359998.420 6514099.838 373.716 50 RC 360/-90
MWRL0011 359999.958 6514199.798 373.669 50 RC 360/-90
MWRL0012 359998.517 6514298.826 374.761 50 RC 360/-90
MWRL0013 360200.420 6514004.132 374.026 50 RC 360/-90
MWRL0014 360198.965 6514099.065 370.571 50 RC 360/-90
MWRL0015 360201.410 6514199.634 369.893 50 RC 360/-90
MWRL0016 360201.766 6514303.415 370.487 50 RC 360/-90
MWRL0017 360200.069 6514398.588 373.607 50 RC 360/-90
MWRL0018 360203.229 6514499.005 374.690 50 RC 360/-90
MWRL0022 360402.055 6514201.239 367.896 50 RC 360/-90
MWRL0021 360397.664 6514300.141 373.852 50 RC 360/-90
MWRL0019 360399.663 6514499.593 373.937 50 RC 360/-90
MWRL0020 360403.022 6514598.645 380.524 75 RC 360/-90
MWRL0023 360599.692 6514100.685 363.631 50 RC 360/-90
MWRL0024 360600.788 6514203.226 364.915 50 RC 360/-90
MWRL0025 360601.075 6514299.937 366.577 50 RC 360/-90
MWRL0026 360599.332 6514398.744 367.550 50 RC 360/-90
MWRL0027 360603.207 6514502.497 367.713 50 RC 360/-90
MWRL0028 360598.883 6514597.867 369.239 50 RC 360/-90
MWRL0029 360800.787 6514499.666 363.956 50 RC 360/-90
ANNOUNCEMENT TO THE AUSTRALIAN SECURITIES EXCHANGE 24 SEPTEMBER 2026
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
Appendix E – Munda JORC Table 1 Checklist
Section 1 Sampling Techniques and Data
(Criteria in this section apply to all succeeding sections)
Criteria JORC Code explanation Commentary
Sampling
techniques
• Nature and quality of sampling (eg cut
channels, random chips, or specific
specialised industry standard
measurement tools appropriate to the
minerals under investigation, such as
down hole gamma sondes, or handheld
XRF instruments, etc). These examples
should not be taken as limiting the broad
meaning of sampling.
• Include reference to measures taken to
ensure sample representivity and the
appropriate calibration of any
measurement tools or systems used.
• Aspects of the determination of
mineralisation that are Material to the
Public Report.
• In cases where ‘industry standard’ work
has been done this would be relatively
simple (eg ‘reverse circulation drilling was
used to obtain 1 m samples from which 3
kg was pulverised to produce a 30 g
charge for fire assay’). In other cases,
more explanation may be required, such
as where there is coarse gold that has
inherent sampling problems. Unusual
commodities or mineralisation types (eg
submarine nodules) may warrant
disclosure of detailed information.
• This report describes results from the drilling of 42
RC holes for 4208m, 92 grade control holes for
2,226m and 29 Sterilisation RC drill holes for 1475m
together with 4 diamond drill holes for 580m
• All of the RC drill holes were sampled at 1m
intervals using a fixed-cone splitter and 2-3kg
samples collected for assay. Diamond core was
drilled in HQ3 and NQ3 core diameters but was
not sampled for assay. 45 full-core samples
ranging in length from 5cm to 50cm were taken
for rock strength measurements
• A hand-held Vanta pXRF unit was used to scan
samples for selected grade control holes and for
the Sterilisation RC drill holes. The results are used
indicatively, rather than for resource estimation,
providing useful support for lithogical logging
In particular. Nevertheless, standards are used
routinely for instrument calibration
Drilling
techniques
• Drill type (e.g. core, reverse circulation,
open-hole hammer, rotary air blast,
auger, Bangka, sonic, etc) and details
(e.g. core diameter, triple or standard
tube, depth of diamond tails, face-
sampling bit or other type, whether core is
oriented and if so, by what method, etc).
• RC drilling was by face-sampling hammer.
• Core diameter was HQ3 and NQ3. The core was
oriented using a Reflex Ace III orientation tool
Drill sample
recovery
• Method of recording and assessing core
and chip sample recoveries and results
assessed.
• Measures taken to maximize sample
recovery and ensure representative
nature of the samples.
• Whether a relationship exists between
sample recovery and grade and whether
sample bias may have occurred due to
preferential loss/gain of fine/coarse
material.
• RC sample recoveries are assessed visually and
the samples submitted for assay are weighed.
There is very little groundwater at Munda which
considerably assists good recoveries.
• Drill core recoveries ranged from 96% to 99%
• There will be no relationship between sample
recovery and grade considering the good
recoveries
Logging • Whether core and chip samples have
been geologically and geotechnically
logged to a level of detail to support
appropriate Mineral Resource estimation,
mining studies and metallurgical studies.
• Whether logging is qualitative or
quantitative in nature. Core (or costean,
channel, etc) photography.
• The total length and percentage of the
relevant intersections logged.
• RC chip samples were geologically logged with
the exception of grade control samples where
only oxidation and pegmatites were logged.
• The grade control holes are drilled on a 5m x 5m,
or 10m x 10m pattern and then closed to a 5m x
5m pattern, for definition of ore blocks. This
detailed drilling is quantitative in terms of grade
and ore boundary determination.
• The diamond core was logged both geologically
and geotechnically. But was not assayed - It will
not be used for Mineral Resource estimation.
• RC drill chips from the extension drilling, the
sterilisation drilling and for selected (ie 10m x 10m
pattern drill holes) grade control holes are
retained in chip trays for future reference
Sub-sampling
techniques and
• If core, whether cut or sawn and whether
quarter, half or all core taken.
• RC sample size is industry standard and is
considered appropriate to the grain size of the
ANNOUNCEMENT TO THE AUSTRALIAN SECURITIES EXCHANGE 24 SEPTEMBER 2026
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
sample
preparation
• If non-core, whether riffled, tube sampled,
rotary split, etc and whether sampled wet
or dry.
• For all sample types, the nature, quali
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