Acquisition of Iron Maiden Gold Project
Released
Released
Announcement PDF
ANNOUNCEMENT TO THE AUSTRALIAN SECURITIES EXCHANGE 10 NOVEMBER 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
Iron Maiden Gold Project
Growing Portfolio Adds Strategic Fourth Mining Asset
Highlights
• Strategic Acquisition: Binding Term Sheet executed to acquire 100% of the share capital
of Boomerang Mining Capital Pty Ltd (“BMC”) and thereby acquire the Iron Maiden Gold
Project (the “Project”), located 5km south of the historic mining hub of Norseman,
Western Australia and ~180km from the Burbanks processing facility.
• Expanded Gold Portfolio: The Project contains the Iron Duke and Surprise deposits which
host historical Mineral Resources, reported by Accent Resources NL (AXS:ACS) under the
JORC Code 2004, totalling 1.4Mt @ 1.5 g/t Au for 68,500 ounces of gold.1 Both deposits
remain open along strike and at depth. On completion and upgrade to JORC Code
2012 criteria, this will lead to a material increase in Auric’s total resources.
• Shallow Mineralisation: ~75% of the historical resource sits within 50 metres of surface.
Auric plans validation and infill drilling along with extensional drilling, resource estimation
and mining studies to assess the Project as potential future feed for the Burbanks mill.
• Immediate Exploration Upside: Spanning a contiguous structural corridor along the
renowned Mt Henry Shear, Iron Maiden is situated immediately north of Sinclair Gold's
multi-million-ounce Mt Henry field and contains multiple underexplored historical small-
scale workings throughout the tenements. Previous results at Iron Duke include:
• 11m @ 22.00g/t Au from 39m (NDC108), 19m @ 10.51g/t Au from 28m (NDC071),
and 10m @ 19.85g/t Au from 16m (NDC256).
• Low-cost Acquisition: Subject to due diligence, the initial consideration to acquire BMC
is A$1.0 million cash payable on completion. Auric will also reimburse loan funds of A$3.0
million used by BMC to acquire the Project.
Mr Mark English, Managing Director, said:
“The Iron Maiden Gold Project is a compelling opportunity, having seen little exploration
outside the Surprise and Iron Duke resources in the last 20 years. Sitting between historical
mines in Norseman and Mt Henry, the Project presents immediate exploration upside and
potential future feed for Burbanks. It also expands and, in the future, will further grow the
resource base under our control; a key focus for our business.
“Iron Maiden offers Auric a near-term, low-cost growth and development opportunity,
perfectly complementing our strategy of targeting high-grade, near-term production ready
gold assets that can be rapidly developed and monetised.
1 Cautionary Statement: these estimates are not reported in accordance with the JORC Code 2012; a Competent Person has not
done sufficient work to classify them in accordance with the JORC Code 2012; it is possible that following evaluation and/or further
exploration work the estimates may materially change and hence will need to be reported afresh under and in accordance with the
JORC Code 2012; nothing has come to the attention of Auric that causes it to question the accuracy or reliability of Accent’s estimates,
but Auric has not independently validated them and is not to be regarded as reporting, adopting or endorsing them.
ANNOUNCEMENT TO THE AUSTRALIAN SECURITIES EXCHANGE 10 NOVEMBER 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
“As we continue making good progress re-establishing Burbanks as a 600ktpa gold
processing hub we are also backfilling the pipeline of projects that will sustain Auric’s growth
as a standalone gold producer by growing our ounces, targeting long term mill feed.”
Iron Maiden Gold Project
Auric Mining Limited (ASX: AWJ) (“Auric” or the “Company”) is pleased to announce that it
has entered into a Binding Term Sheet to acquire 100% of the shares in BMC, which owns
the Iron Maiden Gold Project. Completion is subject to the conditions summarised under
“Consideration and Key Terms” below.
Figure 1. Iron Maiden Project, located ~5km south of Norseman (~180km from Burbanks)
The Project represents a low-cost, near-term resource growth and development opportunity
in one of Western Australia's most enduring goldfields. The acquisition perfectly
complements the Company's strategy of targeting high-grade, near-term production gold
projects within haulage distance of the Burbanks processing hub. Auric intends to
systematically drill out the shallow gold deposits, testing strike and depth extensions around
the historic workings, and assess the Project for potential production.
ANNOUNCEMENT TO THE AUSTRALIAN SECURITIES EXCHANGE 10 NOVEMBER 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
Project Overview & Geological Setting
The Project is situated 5km south of the Norseman townsite within the southern tip of the
prolific Norseman-Wiluna Greenstone Belt and within 180km of the Burbanks processing
facility (Figure 1). Gold mineralisation across the tenure is structurally governed by the major
Mt Henry Shear zone, manifesting as high-grade parallel lodes hosted within Archaean
banded iron formations (BIF) interbedded with mafic volcanics (Figure 2).
Figure 2. Iron Maiden Project Map, with regional geology and deposits
Historical open pits, shallow workings, and previous RC and diamond drilling indicate
continuity of gold mineralisation over a broad structural trend. Previous exploration primarily
focused on defining shallow surface resources at Iron Duke and Surprise which remain open
at depth, along strike and between the existing resources. Mineralisation across both the
Iron Duke and Surprise deposits is interpreted to be continuous, hosted within strike-parallel,
well-banded silica-sulphide replacement lodes. The structural depth potential and parallel
cross-cutting reef targets also remain wide open.
ANNOUNCEMENT TO THE AUSTRALIAN SECURITIES EXCHANGE 10 NOVEMBER 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 Project comprises 2 granted mining leases; M63/657 and M63/229 and 5 granted
prospecting licences; P63/1997, P63/2052, P63/2154, P63/2200 and P63/2270. The Project
also includes an application for M63/682, which will consolidate M63/657 and 4 of the
prospecting licences once granted, and includes applications for P63/2191 and P63/2281.
The tenements are in the process of being transferred to BMC (ASX: ACS announcements 6
July 2026 and 2 November 2026).
Exploration Upside
Historical data and structural mapping indicate that the Project contains two distinct, cross-
cutting mineralisation events. This structural framework defines a clear hierarchy of
exploration targets comprising extensions below and along strike from the existing Iron Duke
and Surprise resources; repetitions of the stacked BIF-hosted lodes between and beyond
the current resource envelopes; and higher-grade shoots where the north–south Mt Henry
Shear corridor intersects oblique east-northeast structures. These targets provide a
systematic pathway for testing resource growth around known mineralisation.
The Mt Henry Shear Zone
The regional architectural framework is dominated by the north–south trending Mt Henry
Shear Zone, striking ~350°. This major regional structural corridor controls the Western and
Eastern BIF formations. The Eastern BIF formation hosts the core gold ounces at the Iron Duke
and Surprise deposits while the Western BIF formation hosts the historic high-grade Lady Mary
mine workings. Lady Mary was a historical underground mine that is believed to have
produced >26,000 ounces at >20g/t and has been subject to very little modern exploration.
Drilling results across the Project area (Figure 3 and Appendix B) include:
• 11m @ 22.00g/t Au from 39m (NDC108),
• 10m @ 19.85g/t Au from 16m (NDC256),
• 14m @ 8.96g/t Au from 26m (NDC049),
• 27m @ 3.07g/t Au from 25m (NDC236),
• 19m @ 3.53g/t Au from 28m (NDC103),
• 7m @ 8.49g/t Au from 38m (NDC220),
• 10m @ 5.58g/t Au from 6m (NDC227),
• 9m @ 5.25g/t Au from 27m (NNC032),
• 12m @ 3.75g/t Au from 44m (NRC307), and
Most historical drilling at Iron Duke and Surprise was completed to less than 100 metres
vertical depth, with ~75% of the currently defined gold resource occurring within 50 metres
of surface. The shallow drilling envelope leaves both deposits open below the existing
resources and supports targeted drilling of down-dip and plunge extensions, together with
testing for repetitions of the stacked BIF-hosted lodes along strike and between the two
deposits.
Oblique ENE Cross-Structures
In addition, the regional north–south corridor is cross-cut by a series of highly brittle, high-
angle faults striking East-Northeast to West-Southwest (~080°), most notably demonstrated
at the Lucky Call and Battler prospects. These structures represent highly localized tear faults
with intense quartz veining that may localise higher-grade gold deposition. Historical
exploration across the tenure primarily focused on the outcropping BIF horizons along the
north-south trend, and the oblique structural intersection points remain virtually untested by
modern, targeted drilling.
• 19m @ 10.51g/t Au from 28m (NDC071),
• 19m @ 8.22g/t Au from 36m (NDC258),
• 18m @ 5.46g/t Au from 17m (NDC069),
• 5m @ 13.49g/t Au from 24m (NNC057),
• 22m @ 2.84g/t Au from 4m (NDC258),
• 4m @ 14.80g/t Au from 0m (NDC020),
• 12m @ 4.14g/t Au from 22m (NDC126),
• 11m @ 4.19g/t Au from 45m (IRC001),
• 7m @ 6.35g/t Au from 21m (NNC031).
ANNOUNCEMENT TO THE AUSTRALIAN SECURITIES EXCHANGE 10 NOVEMBER 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. Map of Iron Maiden geology, resource areas and historical drilling
Laterite targets identified at both Iron Duke and Surprise occur outside the current Mineral
Resource envelopes and have not been systematically drill tested. These targets provide an
additional near-surface exploration opportunity alongside strike and depth extensions of
the primary BIF-hosted mineralisation.
ANNOUNCEMENT TO THE AUSTRALIAN SECURITIES EXCHANGE 10 NOVEMBER 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
Additionally, reinterpretation of the historical drilling database, supported by modern
structural analysis and new drilling, may improve the understanding of geological continuity
and grade distribution within the existing mineralised system.
Drillhole Database
The drillhole database comprises 589 drillholes for 26,443m drilled between 1994 and 2022
and is dominated by RC drilling which represents 98% of the total meterage. Nearly half of
the RC drilling was managed by Australasian Gold Mines NL (AGM) and 23% and 22%
respectively by Tantalum Australia NL (TANL) and Accent Resources NL (Accent).
The RC samples were initially bagged and subsampled as 3m to 5m composite samples with
anomalous intervals resampled at 1m intervals and submitted for fire assay, or less
frequently, pre-roast followed by aqua regia digest.
The individual exploration companies submitted standards and duplicates to some degree
with the bulk of the QC samples represented by laboratory-submitted standards.
Details for all of the drill holes in the drill hole database are provided in Appendix B. The
details include significant intercepts at 1m minimum length, up to 2m internal dilution and
0.5g/t cut-off.
Historical JORC 2004 Mineral Resources
The Iron Duke and Surprise deposits both occur within the Eastern BIF unit and contain
historical JORC 2004 Mineral Resource Estimates. The area between the two deposits
remains lightly drilled and both deposits remain open along strike, at depth and between.
Historical Mineral Resource Estimates include:
Measured & Indicated Inferred Total
Deposit Cut off
(g/t Au)
Tonnes Grade
(g/t Au)
Ounces Tonnes Grade
(g/t Au)
Ounces Tonnes Grade
(g/t Au)
Ounces
Iron Duke
0.5
723,500 1.7 39,300 126,500 1.6 6,400 850,000 1.7 45,700
Surprise 436,800 1.4 19,200 94,300 1.2 3,600 531,100 1.3 22,800
Total 1,160,200 1.6 58,500 220,800 1.4 10,000 1,381,000 1.5 68,500
Iron Duke
1.0
542,100 2.0 34,700 111,100 1.7 6,000 653,200 1.9 40,700
Surprise 322,700 1.5 16,000 63,500 1.4 2,800 386,200 1.5 18,800
Total 864,700 1.8 50,800 174,700 1.6 8,700 1,039,400 1.8 59,500
Table 1: Resource table for the Iron Maiden Gold Project. Refer to ASX: ACS announcement 26/11/2012 for
original data. The original report is available on the ASX announcements platform. Refer to Appendix C for the
disclosures made in relation to these historical estimates.
Cautionary Statement
The JORC 2004 Resource Estimates in the above table have not been reported in accordance
with JORC Code 2012 and a Competent Person has not done sufficient work to classify them in
accordance with the JORC Code 2012. It is possible that following evaluation and/or further
exploration work the estimates may materially change and hence will need to be reported
afresh under and in accordance with the JORC Code 2012. Nothing has come to the attention
of Auric that causes it to question the accuracy or reliability of the former owner’s estimates;
however, Auric has not independently validated the former owner’s estimates and therefore is
not to be regarded as reporting, adopting or endorsing those estimates. Refer to Appendix C
for further disclosures in relation to the JORC 2004 Resource Estimates.
Acquisition of the Iron Maiden Project is subject to conditions precedent and is not yet owned
by Auric.
ANNOUNCEMENT TO THE AUSTRALIAN SECURITIES EXCHANGE 10 NOVEMBER 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 4. Iron Duke and Surprise deposits remain open at depth and along strike
Immediate Priorities
Auric intends to commence further validation of the historical drilling database and
geological model, followed by infill drilling to support updated Mineral Resource Estimates
and step-out drilling across the highest-priority strike, depth and structural-intersection
targets. Laterite targets and lightly drilled areas between Iron Duke and Surprise will also be
assessed as part of the broader exploration program.
Mining studies and production scheduling will be undertaken following completion of
updated Mineral Resource estimates, with the objective of identifying additional mill feed
that may extend the operating life of the Burbanks processing plant.
Consideration and Key Terms
The Company has paid a A$100,000 deposit and entered into a binding Term Sheet with
the two private shareholders of Boomerang Mining Capital Pty Ltd (the “Vendors”) and
Mineral Mining Services Pty Ltd (MMS) to acquire 100% of the issued capital of BMC. Auric
has 30 days from the date of the Term Sheet to complete due diligence on BMC and the
Project.
Subject to satisfaction of the conditions described below, Auric will acquire all the shares in
BMC and pay to the Vendors:
• A$1,000,000 cash (including the $100,000 deposit);
• Additionally, Auric will pay to the Vendors milestone payments if the aggregate gold
Mineral Resources at the Project, reported in accordance with the JORC 2012 Code
(0.5g/t Au cut-off), reach the following thresholds:
o A$1,000,000 on definition of at least 150,000 ounces gold; and
o A$1,000,000 on definition of at least 300,000 ounces.
• Each milestone payment is payable in cash or, by agreement and subject to Auric
shareholder approval, a combination of cash and Auric shares, to be issued at the
higher of the 5 trading day VWAP immediately preceding the date on which Auric
announces the milestone and a $0.24 Floor Price. If Auric and the Vendors cannot
agree the cash/share split within 10 business days after the milestone is announced,
the milestone payment will be satisfied as to 50% in cash and 50% in Auric shares. The
share component of a milestone payment is capped at 75% of that payment, and
the aggregate number of shares issued for both milestone payments is capped at
6,250,000 shares; if the VWAP is below the Floor Price (or the share cap would
otherwise be exceeded) the shortfall in value is to be paid to the Vendors in cash.
ANNOUNCEMENT TO THE AUSTRALIAN SECURITIES EXCHANGE 10 NOVEMBER 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
Auric will seek shareholder approval for the issue of the shares at its next general
meeting. ASX has granted Auric a waiver of ASX Listing Rule 7.3.4 permitting the
shares to be issued up to five years after that meeting, on condition that the
milestones are not varied without ASX consent. If shareholder approval is not
obtained or has lapsed when a milestone payment falls due, Auric’s shares are
suspended from quotation, Auric is otherwise not permitted to issue the shares, or the
milestone is achieved after the fifth anniversary of that meeting, the milestone
payment must be made in cash.
• Separately, at completion Auric will repay the loan funds advanced to BMC by a
third-party lender to fund BMC’s acquisition of the Project, being up to A$3,000,000
applied to the purchase price payable to Accent, together with any loan funds
applied to tenement holding costs and interest at 12% per annum accrued to
completion.
• BMC has agreed to pay Accent a deferred consideration of A$1,000,000 within 10
business days following the later of the grant of Mining Lease Application M63/682
and BMC obtaining all approvals necessary to commence commercial gold mining
operations on the Project. Auric will guarantee payment of this deferred
consideration by BMC under a Deed of Guarantee and Consent with Accent,
execution of which is a condition of completion.
A gross royalty of 4.0% of all gold produced and sold from the tenements (excluding
M63/229) is held by Accent, and BMC retains the right to buy back up to 2.0% of the royalty
at any time. The tenements are also subject to the Western Australian State royalty and to
a royalty in favour of the Ngadju native title holders. Separately a gross royalty of 2.5% is
payable in respect of gold on M63/229 (after the production of 10,000oz of gold).
Completion is conditional on:
• Auric completing due diligence with results satisfactory to it within 30 days of the date
of the Term Sheet; and
• Accent executing the Deed of Guarantee and Consent.
If the conditions are not satisfied by 31 December 2026, any party may terminate the Term
Sheet. Completion will occur five business days after the last condition is satisfied. The
deposit is refundable to Auric if the Term Sheet is terminated other than as a result of Auric’s
default. Auric will bear any transfer and landholder duty on the transaction.
MMS, an entity associated with the Vendors, holds a right of first refusal to carry out any
mining on the Project tenements on the terms BMC proposes to agree with a third-party
contractor, for so long as Auric controls BMC. Accent also retains the rights to iron ore and
PGEs under a Mineral Sharing Agreement with BMC.
In aggregate, excluding duty and the royalty, Auric will pay A$1.0 million for the BMC shares
plus the loan repayment described above at completion, will guarantee BMC’s A$1.0
million deferred payment to Accent, and may become liable for up to A$2.0 million of
milestone payments.
An appendix 3B accompanies this announcement in respect of the potential issue of shares
in satisfaction of milestone payment consideration.
Competent Person Statement
The information in this announcement that relates to Exploration Results 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
ANNOUNCEMENT TO THE AUSTRALIAN SECURITIES EXCHANGE 10 NOVEMBER 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
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.
The information in this announcement that relates to the historical Mineral Resource Estimates
for the Iron Duke and Surprise deposits reported by Accent Resources NL under the JORC Code
2004, including the information in Appendix C, is an accurate representation of the available
data and studies for the Project. This statement is made by Mr John Utley, a Competent Person
who is a full-time employee of Auric Mining Limited and a member of the Australian Institute of
Geoscientists. Mr Utley consents to the inclusion of this statement in the form and context in
which it appears.
The information in this announcement that relates to Mineral Resource estimates for the Munda,
Union Jack and Jeffreys Find gold deposits can be found in Appendix A and is 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 announcement 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 Person’s findings are presented have not been materially modified from the original
market announcements.
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 10 NOVEMBER 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 – JORC 2012 Mineral Resource Estimates – Auric Mining Ltd (100% Owned)
Current Mineral Resource Estimates
Deposit
Cut off Category Tonnes Grade Ounces
Au g/t (Thousand) (g/t Au) (k oz Au)
Munda in situ#
0.5 g/t
Indicated 3,500 1.45 163
Inferred 700 1.3 29
Munda Stockpiles# Indicated 76 0.81 2
SUBTOTAL 4,276 1.41 194
Jeffreys Find^ 0.5 g/t
Indicated 10 2.1 1
Inferred 70 1.8 4
SUBTOTAL 80 1.8 5
Union Jack* 0.5 g/t
Inferred 3,100 1.02 102
SUBTOTAL 3,100 1.02 102
Combined 0.5 g/t
Indicated 3,586 1.44 166
Inferred 3,870 1.08 135
TOTAL 7,456 1.25 301
Auric Mining Limited Gold Resources. Rounding errors are apparent.
Notes on Resources:
• The preceding statements of Mineral Resource Estimates conform to the ‘Australasian Code for Reporting of Exploration
Results Mineral Resources and Ore Reserves (JORC Code) 2012 Edition’.
• All tonnages reported are dry metric tonnes.
• Data is rounded to thousands of tonnes and thousands of ounces gold. Discrepancies in totals may occur due to
rounding.
• Resources have been reported as both open pit with cut-offs as indicated which is discussed in the corresponding Table
1 which can be found with the original ASX announcements for each Resource.
• Resources are reported inclusive of any Reserves.
The announcements containing the Table 1 Checklists of Assessment and Reporting Criteria relating for the 2012 JORC
compliant Resources are:
# ASX:AWJ 25 May 2026. Munda Gold Deposit Mineral Resource Increased by 32%
^ ASX:AWJ 30 April 2026. Annual Report 2025
* ASX:AWJ 9 September 2026. Union Jack - Strategic Acquisition and Resource Upgrade
ANNOUNCEMENT TO THE AUSTRALIAN SECURITIES EXCHANGE 10 NOVEMBER 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 - Drill Hole Database Coordinates and Significant Intercepts at 0.5g/t Cut Off¹
Hole Collar coordinate (GDA 94) Hole Year Hole Orientation Intercept³
ID East North RL Depth
(m)
Drilled Type² Az./Incl.
IRC001 387477 6429648 337.1 56 1996 RC 85/-50 1m @ 0.59 g/t from 23m
1m @ 1.61 g/t from 40m
11m @ 4.19 g/t from 45m
IRC002 387518 6429706 347.2 42 1996 RC 115/-60 3m @ 0.99 g/t from 10m
1m @ 0.79 g/t from 21m
2m @ 0.83 g/t from 25m
1m @ 0.96 g/t from 30m
IRC003 387499 6429745 348.8 42 1996 RC 90/-60 10m @ 0.76 g/t from 8m
IRC004 387515 6429822 348.1 27 1996 RC 90/-60 1m @ 0.81 g/t from 0m
1m @ 0.86 g/t from 4m
7m @ 1.01 g/t from 14m
IRC005 387503 6429657 340.8 39 1997 RC 80/-60 1m @ 0.82 g/t from 0m
2m @ 1.42 g/t from 26m
IRC006 387520 6429682 344.9 89 1997 RC 85/-60 2m @ 0.63 g/t from 0m
1m @ 0.78 g/t from 7m
1m @ 0.80 g/t from 10m
4m @ 2.52 g/t from 14m
4m @ 1.99 g/t from 35m
IRC007 387504 6429722 347.7 75 1997 RC 88/-60 1m @ 2.62 g/t from 17m
3m @ 5.84 g/t from 34m
IRC008 387509 6429748 349.5 72 1997 RC 92/-60 8m @ 1.42 g/t from 0m
1m @ 1.00 g/t from 19m
3m @ 4.14 g/t from 45m
IRC009 387527 6429833 348.4 71 1997 RC 88/-60 1m @ 0.86 g/t from 1m
2m @ 1.59 g/t from 6m
4m @ 3.00 g/t from 14m
LMRB001 387201 6430287 300.0 41 1998 RB 360/-90 NSI
LMRB002 387226 6430287 300.0 31 1998 RB 360/-90 NSI
LMRB003 387251 6430287 300.0 21 1998 RB 360/-90 NSI
LMRB004 387276 6430290 300.0 21 1998 RB 360/-90 NSI
LMRB005 387301 6430287 300.0 21 1998 RB 360/-90 NSI
LMRB006 387326 6430304 300.0 21 1998 RB 360/-90 NSI
LMRB007 387351 6430310 300.0 26 1998 RB 360/-90 NSI
LMRB008 387376 6430324 300.0 5 1998 RB 360/-90 NSI
LMRB009 387401 6430321 300.0 26 1998 RB 360/-90 NSI
LMRB010 387426 6430317 300.0 27 1998 RB 360/-90 NSI
LMRB011 387451 6430357 300.0 38 1998 RB 360/-90 NSI
LMRB012 387476 6430352 300.0 33 1998 RB 360/-90 NSI
LMRB013 387501 6430377 300.0 26 RAB 360/-90 1m @ 0.58 g/t from 16m
1m @ 0.97 g/t from 1m
LMRB014 387526 6430392 300.0 23 1998 RB 360/-90 NSI
LMRB015 387231 6430237 300.0 7 1998 RB NSI
LMRB016 387251 6430242 300.0 61 1998 RB NSI
ANNOUNCEMENT TO THE AUSTRALIAN SECURITIES EXCHANGE 10 NOVEMBER 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
LMRC-06 387411 6430342 300.0 124 1998 RC 360/-90 NSI
LMRC-07 387446 6430357 300.0 82 1998 RC 360/-90 NSI
LMRC-08 387306 6430117 300.0 80 1998 RC 360/-90 NSI
LMRC-09 387306 6430167 300.0 90 1998 RC 360/-90 NSI
LMRC-10 387286 6430167 300.0 70 1998 RC 90/-59 NSI
LMRC-11 387266 6430167 300.0 37 1998 RC 90/-59 NSI
LMRC-12 387266 6430142 300.0 38 1998 RC 360/-90 NSI
LMRC-13 387286 6430142 300.0 55 1998 RC 360/-90 NSI
LMRC-17 387318 6430243 324.9 49 2004 RC 250/-60 4m @ 0.79 g/t from 0m
LMRC-18 387520 6430393 313.0 30 2004 RC 90/-60 3m @ 0.53 g/t from 5m
LMRC-19 387503 6430378 314.1 30 2004 RC 90/-60 3m @ 0.81 g/t from 20m
LMRC-20 387222 6430300 321.1 19 2004 RC 90/-60 2m @ 0.78 g/t from 14m
LMRC-21 387275 6430324 319.8 25 2004 RC 90/-60 NSI
NDC001 387457 6429566 335.3 60 1997 RC 90/-60 NSI
NDC002 387487 6429567 332.2 111 1997 RC 90/-60 1m @ 1.38 g/t from 71m
NDC003 387518 6429569 329.4 60 1997 RC 90/-60 6m @ 1.58 g/t from 6m
4m @ 4.91 g/t from 27m
NDC004 387558 6429569 329.0 70 1997 RC 90/-60 NSI
NDC005 387488 6429601 332.5 50 1997 RC 90/-60 2m @ 1.92 g/t from 17m
14m @ 1.58 g/t from 29m
NDC006 387467 6429602 333.4 40 1997 RC 90/-60 NSI
NDC006A 387469 6429601 333.4 90 1999 RC 90/-60 1m @ 0.58 g/t from 69m
5m @ 1.11 g/t from 81m
NDC007 387529 6429569 329.1 30 1998 RC 90/-60 5m @ 1.04 g/t from 2m
5m @ 3.18 g/t from 18m
NDC008 387596 6429469 326.1 60 1998 RC 90/-60 NSI
NDC009 387576 6429465 327.0 100 1998 RC 90/-60 NSI
NDC010 387471 6429766 347.8 92 1999 RC 90/-60 4m @ 0.96 g/t from 31m
1m @ 0.62 g/t from 51m
11m @ 1.45 g/t from 60m
NDC011 387512 6429768 349.7 60 1999 RC 90/-60 1m @ 0.54 g/t from 0m
2m
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