Announcement PDF 1 Building a Standalone Gold Producer RESOURCE GROWTH & REGIONALLY STRATEGIC MILL 1 3 N o v e m b e r 2 0 2 6 auricmining.com.au ASX : AWJ 2 ● Western Australian-focused gold producer seeking to transition into an integrated gold mining platform, with 628km² of prospective tenure and a growing portfolio of gold assets ● Munda Gold Mine provides a cornerstone production pathway, initially producing 25 – 40kozpa Au with multi-year operation targeted to commence in Q4 2027 ● 100% owner of the Burbanks Gold Processing Facility, provides fully permitted downstream infrastructure to control processing and capture more of the mine-to-mill value chain, with commissioning and first gold targeted for Q1 2028 ● An initial Burbanks-Munda integrated study has shown compelling economics with significant upside assessing only the Munda open-pit while the resource remains open along strike and at depth ● Recent acquisitions increase global resource to ~370,000oz gold4 with four operational areas with strong resource growth and mining potential (subject to completion) ● Demonstrated operating capability through successful mining at the Jeffreys Find and the Munda Starter Pit operations, which have generated a combined A$176m of gold sales Auric at a glance Building an integrated gold mining and processing platform in Western Australia’s Eastern Goldfields 1: Proforma (30 September 2026 + Placement Funds) - excludes the cash consideration paid on 7 October 2026 for Union Jack Acquisition (A$6.5m) 2: Proforma including Placement Shares (pre-issue of shares for Union Jack acquisition (12.5 million)) 3: Proforma @ Placement Price - undiluted market capitalisation 4: Pro-forma resource number, assuming completion of Iron Maiden and conversion of JORC resources 2 ~A$49m Cash 1 ~280m Shares on issue 2 ~A$52m Market Cap 3 1. Iron Maiden project is subject to Completion 3 A Board with a track record of successful gold discovery, development and production Experienced leadership team Steven Morris Founding Non-Executive Chairman • Steven has over 25 years’ experience in financial markets, including senior roles at Patersons Securities, Intersuisse, Peloton Shareholder Services and the Little Group. He served nine years on the board of the Melbourne Football Club and has held directorships at De Grey Mining (ASX: DEG) and Purifloh (ASX: PO3). He is currently a Non-Executive Director of EverGold Minerals (ASX: EG1). Mark English Founding Managing Director • Mark is a Chartered Accountant and experienced resources executive with over 45 years’ experience across the resources sector and corporate services. As co-founder and Managing Director of Auric, he led the company to its ASX listing and is responsible for strategy, financial management, corporate development and acquisitions. Gareth Solly CEO & Executive Director • Gareth has more than 25 years’ experience in the mining industry, predominantly in gold. He has held senior roles at Silver Lake Resources and Saracen Minerals and was the founding Managing Director of Black Cat Syndicate, leading its transition from a junior explorer to a multi-asset gold producer. John Utley Founding Technical Director • John is a geoscientist with over 40 years’ experience in gold exploration and mining across Australia, South America, Papua New Guinea and Canada. He was Chief Geologist at Atlantic Gold Corporation and previously led exploration at Plutonic Resources’ Darlot Gold Mine, including during the discovery and development of the 2.3Moz Centenary deposit. Scott Bailey Processing Manager • Scott has extensive experience in Western Australian gold processing, including senior roles at Black Cat Syndicate, Westgold Resources and KCGM. At Black Cat, he played a key role in the acquisition and recommissioning of the Lakewood processing plant and the ahead-of-schedule restart of the Paulsens Gold Mine. 4  Proven execution capability and relevant management ● Auric has successfully mined and monetised Jeffreys Find and the Munda Starter Pit, demonstrating ability to convert deposits into cash ● High confidence in Munda – Starter Pit provided operating-scale validation & reduced uncertainty, with gold recovered 46% above Reserve estimate ● Gareth Solly and Scott Bailey bring relevant and recent WA gold development, plant restart and operating experience  Brownfield advantage at Burbanks ● Brownfield redevelopment follows a proven growth pathway of Australian gold producers – analogous with BC8, SLR, RMS, NST and EVN startups ● Permitted 180ktpa processing facility with connected power, water licence, bitumen access, mining leases and established tailings infrastructure ● New 600ktpa CIL circuit planned on existing footprint, with key infrastructure designed for future expansion to ~1.2Mtpa  Munda underwrites a defined path to owner- operated production ● Munda provides initial feed for Burbanks, with the base case recovering 141koz over ~5 years at 25-40kozpa ● The integrated development moves Auric to control of its own processing and cash flow, targeting first gold in Q1 2028  Attractive base-case economics and a strong funding base ● The study outlines A$437m LOM EBITDA, AISC of A$2,843/oz and a ~2.3-year payback at A$5,750/oz gold ● Auric’s proforma A$49m cash1 balance provides a meaningful starting contribution toward the A$145m peak funding requirement  Material Munda resource and mine-life upside ● The current study incorporates only the Munda open pit, while mineralisation remains open along strike and at depth ● Resource extension, grade-control and geotechnical drilling are planned to further improve grade confidence and support estimation of Ore Reserves  Regional growth and consolidation platform ● Auric controls a substantial Eastern Goldfields portfolio containing multiple potential future ore sources within trucking distance of Burbanks ● New discoveries, growing resources, M&A and third-party deposits provide pathways to extend mine life and support eventual 1.2Mtpa expansion ● Acquisition of Union Jack and Iron Maiden increase global gold resources to ~370,000oz, and add multiple potential mining fronts Investment highlights Brownfield projects rapidly progressing towards production 1: Proforma cash (30 September 2026 + Placement Funds ) - excludes the cash consideration paid on 7 October 2026 for Union Jack Acquisition (A$6.5m) 5 • Eastern Goldfields gold processing at capacity, more local capacity urgently required • Multi-year approval timeframes deter new mill construction, with Brownfield sites expediting years of Greenfields approvals being scarce and highly valuable • Re-establishing Burbanks creates a long-life, monetisable asset in tier-one province • Multiple companies with millions of ounces in resources within 200km of Burbanks, actively pursuing toll treatment • Auric uniquely positioned to provide processing options to the growing pipeline of stranded projects Burbanks – regionally strategic infrastructure Regional mill capacity is under pressure with multiple gold projects without committed processing arrangements Company Project Mill Mill Capacity FY26 Processing FY26 Head Grade Resource (Cont. Au) Resource grade Munda Burbanks 0.18Mtpa 370koz1 1.28g/t Norseman Phoenix 1.2Mtpa 1.1Mt 2.4g/t 4,685koz 3.3g/t Beta Hunt Higginsville 1.6Mtpa (expanding) 1.8Mt 2.2g/t 5,392koz 2.2g/t St Ives Lefroy 4.7Mtpa 4.4Mt 2.5g/t 3,364koz 3.6g/t Mount Monger Randalls 1.3Mtpa 1.3Mt 2.0g/t ~3,583koz ~3.6g/t Kal East Lakewood 1.2Mtpa (expanding) ~1.2Mt ~1.6g/t 1,217koz ~2.1g/t Coolgardie Three Mile 1.2Mtpa ~1.4Mt ~1.9g/t 2,680koz 1.87g/t Mungari Mungari 4.2Mtpa 4.1Mt 1.9g/t 7,200koz 1.31g/t Davyhurst Davyhurst 1.2Mtpa (expanding) 1.3Mt 2.9g/t 3,690koz 2.4g/t Processing status of regional processing plants reflects public disclosures as of November 2026 (see peer comparison sources in appendix). This slide is for illustrative purposes only. 1: Pro-forma resource number, assuming completion of Iron Maiden and conversion of JORC resources 1 6 Burbanks processing platform & infrastructure Established power, water, access and tailings infrastructure support redevelopment as a 600ktpa processing facility 180 Ktpa 600 Ktpa 1.2 Mtpa $138m Scalable plant, designed for expansion to 1.2 Mtpa A brownfield restart that leverages existing plant infrastructure for a low CAPEX pathway to owner-operator production boasting expansion potential from a 600ktpa to a 1.2 Mtpa CIL facility supporting growth beyond the current Munda mine plan Infrastructure expansion (including Plant & TSF) 100% owned plant 180ktpa CIL plant 9 km from Coolgardie, acquired for A$4.4 million in September 2025; front end infrastructure recently acquired for $1.2 million1 Brownfield operation with near-term restart pathway, with a clear accelerated development timeline Permitted Operating history in processing gold, with granted mining and infrastructure leases >130 years Three-phase grid power, water licenses and bitumen road access Connected Including tailings storage facility, water bores and borefields, shedding and administrative facilities etc Pre-existing infrastructure 1: Refer AWJ ASX announcement 16 September 2026 7 Burbanks-Munda integrated platform Integrated mine-to-mill strategy allowing Auric to capture and control the full gold value chain ● Initial open-pit plan mines 2.8 Mt @1.75 g/t over 2.7 years ● Geotechnical drilling currently underway to calculate Ore Reserves ● Mining using conventional open pit methods (200t/120t dig fleets) ● ~87km haul via sealed road to Burbanks processing facility Munda Gold Mine ● Initial processing rate of 600ktpa, scalable to 1.2Mtpa ● Conventional CIL processing at 89.5% recovery ● Regional processing capacity in the Goldfields is scarce and strategically valuable Burbanks ● ~141koz gold recovered over 56 months (25 – 40kozpa) ● Bring on other deposits, including Union Jack, Lindsays & Iron Maiden ● Capitalise on new opportunities - stranded deposits & acquisitions Gold production 8 Munda Open Pit Unit Result Mineralised Material Mined Mt 2.77 Grade Mined g/t Au 1.75 LOM Contained Gold Production koz 155 Strip Ratio W:O 11:1 Burbanks Processing ROM Processed Mt 2.84 Feed Grade g/t Au 1.73 Recovery % 89.5 LOM Gold Produced koz 141 Average annual production kozpa 25 - 40 Financials Gold Price A$/oz 5,250 5,750 6,250 Gross Revenue A$M 742 812 883 AISC A$M 400 402 404 AISC A$/oz 2,830 2,843 2,857 Pre-production Capital A$M 138 138 138 Peak funding requirement A$M 147 145 145 Payback years 2.5 2.3 2.1 1.25 g/t 1.58 g/t 1.36 g/t 1.58 g/t 1.55 g/t 1.67 g/t 1.48 g/t 1.53 g/t 1.93 g/t 2.14 g/t 1.71 g/t - 0.50 1.00 1.50 2.00 2.50 - 100,000 200,000 300,000 400,000 500,000 600,000 700,000 Q1 Q2 Q3 Q4 Q5 Q6 Q7 Q8 Q9 Q10 Q11 Quarterly Ore Mined Tonnes and Grade by Classification Inferred Indicated Total Grade Integrated Burbanks-Munda study outcomes 1: Refer ASX announcement 27 July 2026 Production profile & capex 1 Integrated scoping study outlines positive economics and a short payback period 33 40 83 - - 25 32 40 34 10 - 20 40 60 80 100 Year 1* Year 2 Year 3 Year 4 Year 5 Ounces Mined and Gold Produced Mined Ounces (koz) Gold Produced (koz) Study outcomes1 94.3 35.8 7.5 Pre-production capital (A$m) Processing Plant (EPCM) Processing related owners costs Mining related owners costs ~$138m tonnes grade Revenue $M 145.9 184.6 229.2 195.2 57.3 Sus. cost $M (112.5) (120.9) (86.5) (48.0) (33.8) AISC $/oz 4,290 3,765 2,169 1,414 3,390 EBITDA $M 33.4 76.9 153.8 149.2 23.5 Grow production by mining Union Jack & Iron Maiden 9 • Initial study includes only Munda open pit (155koz of Munda’s MRE of 191koz) • Munda remains open along strike and at depth with ongoing RC drilling targeting potential resource extensions and ~90,000m of GC drilling underway • Recent high-grade intercepts from drilling include: Hole Type Length (m) Grade (g/t Au) From (m) Grade Control 14 115.67 21 14 14.51 11 10 40.31 35 15 5.56 61 4 14 91 9 7.82 171 Current resource 46 8.40 102 17 17.65 53 13 14.62 60 11 16.51 72 19 9.29 111 18 9.09 96 6 26.98 70 5 31.23 46 8 16.07 40 6 20.44 94 Western extension 4 10.49 461 Munda growth and study upside Material exploration upside remains around existing large economic resource Multiple +100-gram x meter intercepts materially above the MRE grade 1: Refer ASX announcement 24 September 2026 10 Union Jack - 15km from Burbanks Recent acquisition significantly increases mineral inventory and provides second mining area • Granted mining/prospecting leases, 15km from Burbanks • Compelling near term, open pit mining opportunity with potential to extend Burbanks production • Extensive historical workings evident across the project • Minimal recent exploration with drilling only recently commenced • Strong shallow mineralisation in an area of prolific open pit mining • Current Inferred Mineral Resource 3.12Mt @ 1.02g/t Au for 102,000oz • Aiming to bring online as second production hub after completion of mining at Munda using Auric’s in-house mining team Tenement & Drill Hole Map Transaction Overview 1 Project Overview • $6.6M cash paid and tenement transfer underway • 12.5M shares (at $0.24) to be issued subject to shareholder approval • Additional milestone payments conditional on further resource growth • 1% royalty on gold sold from M15/120 1:Refer “Union Jack Project Strategic Acquisition and Resource Upgrade” announcement 09 September 2026 11 Union Jack - A new shallow untouched deposit Strong historical mining but exploration drilling only recently commenced Tenement & Drill Hole Map Immediate priority targets 1 Abundant thick, high-grade, shallow drilling 1 • Mineralisation remains open with strong growth potential • Historical workings provide additional undrilled trends • Extensive drilling program to commence in November 2026 • Targeting resource growth and upgrade ahead of mining studies • Prepare resource for mining after Munda open pit 1:Refer “Union Jack Project Strategic Acquisition and Resource Upgrade” announcement 09 September 2026 • 17m @ 4.57 g/t from 24m, • 15m @ 4.22 g/t from 62m, • 5m @ 9.64 g/t from 10m, • 10m @ 4.72 g/t from 19m, • 13m @ 3.55 g/t from 9m, • 5m @ 8.91 g/t from 19m, • 12m @ 3.26 g/t from 39m, • 11m @ 3.04 g/t from 11m, • 2m @ 16.51 g/t from 17m, • 10m @ 3.24 g/t from 26m, • 2m @ 5.75 g/t from 191m, and • 17m @ 3.99 g/t from 13m, • 5m @ 12.21 g/t from 56m, • 16m @ 2.99 g/t from 1m, • 18m @ 2.61 g/t from 26m, • 10m @ 4.54 g/t from 33m, • 12m @ 3.49 g/t from 11m, • 16m @ 2.26 g/t from 2m, • 6m @ 5.56 g/t from 48m, • 12m @ 2.7 g/t from 6m, • 2m @ 6.54 g/t from 200m, • 16m @ 4.34 g/t from 184m. 12 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 2: Refer “Iron Maiden Gold Project” announcement 10 November 2026 Iron Maiden - A hard rock, high-grade gold asset Strategic mining asset added to growing portfolio • Granted and pending mining/prospecting leases, 180km from Burbanks • Strategically located on the Mt Henry Shear between the multi-million-ounce Norseman and Mt Henry fields • Historical workings forming strong trends throughout the tenure • Multiple mineralisation styles with only shallow testing are open, with strong growth potential • Historical JORC 2004 Mineral Resource 1.4Mt @ 1.5g/t Au for 69,000oz1, 86% measured and indicated • Resource drilling, followed by mine planning activities to commence in early in 2027 Tenement Location Transaction Overview 2 Project Overview • Binding share sale agreement executed, to purchase Boomerang Mining Capital Pty Ltd (BMC), which owns the Project • A$1M cash consideration to BMC vendors and repayment of $3M loan funds used to acquire the project • Completion is subject to due-diligence 13 Iron Maiden - Underexplored and ready to grow A strongly mineralised section of the prolific Mt Henry Shear Deposit Map And little drilling elsewhere – underexplored for decades. Shallow high-grade historical results at Iron Duke and Surprise……….. 1:Refer “Iron Maiden Gold Project” announcement 10 November 2026 • 19m @ 10.51g/t Au from 28m, • 19m @ 8.22g/t Au from 36m, • 18m @ 5.46g/t Au from 17m, • 5m @ 13.49g/t Au from 24m, • 22m @ 2.84g/t Au from 4m, • 4m @ 14.80g/t Au from 0m, • 12m @ 4.14g/t Au from 22m, • 11m @ 4.19g/t Au from 45m, • 7m @ 6.35g/t Au from 21m. • 11m @ 22.00g/t Au from 39m, • 10m @ 19.85g/t Au from 16m, • 14m @ 8.96g/t Au from 26m, • 27m @ 3.07g/t Au from 25m, • 19m @ 3.53g/t Au from 28m, • 7m @ 8.49g/t Au from 38m, • 10m @ 5.58g/t Au from 6m, • 9m @ 5.25g/t Au from 27m, • 12m @ 3.75g/t Au from 44m, and 14 Multiple targets with exploration upside Seven prospective gold projects spread over 628km2 in the heart of the Western Australian Goldfields Lindsays Project Spargoville Project Higginsville Tenements • Near-term open pit opportunity 60km NE of Kalgoorlie • Positioned as a major growth asset with strong potential based on historical 2004 resources • Longer-term underground mining potential • Tenure matters expected to be resolved between Q4 2026 and Q2 2027 • High-grade exploration targets between major gold mines (Wattle Dam and Spargos Reward) • >700m gold anomaly with limited historical exploration • Fugitive: 2m @ 10.69g/t Au from 81m; 7m @ 4.88g/t Au from 45m; 1m @ 12.1g/t Au from 132m • Significant exploration potential with AC and RC drilling programs planned • Multiple gold targets located near +1Moz Trident deposit • Amorphous: 2m @ 10.27g/t Au from 28m; 2m @ 8.63g/t Au from 22m; 5m @ 5.16g/t Au from 18m • Foote’s Find: 3m @ 4.99g/t Au from 41m; 3m @ 4.65g/t Au from 30m; 4m @ 3.06g/t Au from 31m • Drill planning underway for priority targets 15 Calendar Year 2026 2027 2028 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Studies & Growth Starter Pit Mining Resource Update Initial studies Acquire Union Jack - ~100,000oz Acquire Iron Maiden - ~70,000oz 1 Drilling Programs Munda Grade Control - de-risking ops Munda Resource Growth Union Jack Resource Growth and Infill Iron Maiden Resource Growth Approvals Munda Burbanks Construction Munda Infrastructure Burbanks Construction Burbanks Commissioning Operations Munda Mining Haulage Burbanks Processing Execution timeline (Burbanks and Munda) Burbanks commissioning and first gold is forecast for Q1, 2028 1: Iron Maiden resource is JORC 2004 and subject to completion 16 Resource and Reserve Growth Ongoing Mine Life Extensions Completion of Burbanks Gold Processing Plant Establish Production and Rerate in-line with Producing Peers Key Catalysts Complete Iron Maiden Acquisition Estimation of maiden Munda Ore Reserve Discovery and Resource Growth Drilling ~90,000m Grade Control Programme Secure all Project Approvals Commencement of Open Pit Mining Q4 2027 Burbanks Commissioning & First Gold Q1 2028 Execute on Additional Inorganic Growth Opportunities Key catalysts over next 15 months Medium Term Value Drivers Regional Consolidation and M&A Recent acquisition significantly increases mineral inventory and provides second mining area Munda Union Jack Iron Maiden Munda Burbanks Consistent Gold Production Union Jack Resource Upgrade and Mining Study 17 Capital Raise 18 Equity Raising Summary $M $17m Placement and proposed $3m SPP1 Offer Size and Structure The Company has commitments to raise approximately A$17.0 million by way of a two-tranche placement via the issue of approximately 91.9 million new fully paid ordinary shares in the Company (“New Shares”) at A$0.185 (“Offer Price”) per New Share (the “Placement” or “Offer”): • Tranche 1 to comprise approximately 47.0 million New Shares to raise approximately A$8.7 million utilising the Company’s available placement capacity under ASX Listing Rules 7.1 and 7.1A (“Tranche 1”); • Tranche 2 to comprise approximately 44.9 million New Shares to raise approximately A$8.3 million (“Tranche 2”). Tranche 2 will be subject to shareholder approval to be sought at a General Meeting (“GM”), scheduled to be held on 14 December 2026 and is expected to settle after the GM, mid to late December. The Company also intends to undertake a A$3m Share Purchase Plan (“SPP”) on the same terms as the Offer, subject to the granting of a waiver by ASX. • The Offer will not be underwritten. Placement Price Fixed Placement price of A$0.185 per New Share, which as at 10 November 2026, represents a discount of: • 24.5% to the last closing price of A$0.245 per Share; • 21.5% to the 5-day volume weighted average price (VWAP) of A$0.236; and • 20.2% to the 15-day VWAP of A$0.232; Use of Proceeds Proceeds from the Offer, alongside existing cash, will be used towards the following: • Munda grade control and extensional drilling to grow the Mineral Resource; • Extensional and resource growth drilling at the Union Jack Project; • Acquisition costs associated with the Iron Maiden Project; • Relocation of the recently purchased second hand crushing circuit and equipment for Burbanks; and • General working capital and ongoing business development. Syndicate Canaccord Genuity (Australia) Limited (Canaccord), Taylor Collison Limited (Taylor Collison) and MA Moelis Australia Advisory Pty Ltd (Moelis) are Joint Lead Managers to the Offer. Lazarus Advisory Pty Ltd (Lazarus) is Co-Manager to the Offer. 1: The SPP will not be underwritten and is subject to receiving ASX waiver approval. 19 Sources and uses of funds Maintaining production timeline and growing resources Sources and Uses Opening Cash (1 October 2026) 33.0 Placement Funds (net of offer costs) 16.0 Total Sources (excludes $3M SPP1) 49.0 Drilling (exploration, resource growth and operations) -16.2 Burbanks Development (maintains schedule for 1st gold) -13.6 Acquisitions (Union Jack and Iron Maiden, incl. duty) -11.6 Working Capital (including tax of $4M) -7.6 Total Uses (excludes $3M SPP1) 49.0 $M Drilling Operations – 33% • 90,000m of early grade control to derisk Munda restart • Sterilisation drilling for Munda infrastructure • Growth drilling at Union Jack, Iron Maiden and Munda • Regional exploration including Spargoville and Higginsville Burbanks Development – 28% • Maintain development schedule to first gold • Ongoing approval support and detailed engineering • Dismantle and move crushing infrastructure to Burbanks • Order long lead items • Burbanks demolition works Acquisitions – 24% • Union Jack - 100,000oz • Iron Maiden - 68,500oz (JORC Code 2004) • Includes stamp duty Working Capital – 15% • Business continuity throughout 2027 • $4M income tax • Operational readiness activities for production Dual purpose funding targeting future production and near-term growth 1: The SPP will not be underwritten and is subject to receiving ASX waiver approval. 20 Key Dates for Placement and SPP Key Event SPP1 Record Date 5pm (AWST) Wednesday, 11 November 2026 Settlement of the New Shares issued under Tranche 1 of the Placement Tuesday, 17 November 2026 Allotment and application for trading of New Shares issued under Tranche 1 Wednesday, 18 November 2026 Lodgment of SPP booklet and opening of SPP Offer Thursday, 19 November 2026 Closing Date of SPP Offer 5pm (AWST) Tuesday, 15 December 2026 General Meeting of shareholders to approve the issue of New Shares under Tranche 2 Monday, 14 December 2026 Settlement of New Shares issued under Tranche 2 Mid to late December 2026 Allotment of New Shares issued under Tranche 2 and SPP shares Mid to late December 2026 Date and Time Dual purpose funding targeting future production and near-term growth Note: 1:The SPP timeline is subject to receiving ASX waiver approval. This timetable is indicative only and subject to change. Late applications will not be accepted. However, AWJ reserves the right to alter the dates, including the SPP Closing Date without prior notice, subject to the ASX Listing Rules, the Corporations Act 2001 (Cth) and other applicable law. The commencement of trading and quotation of SPP Shares is subject to ASX confirmation. Material changes to the timetable will be announced to ASX as soon as practicable. 21 $17m placement plus $3m SPP1 along with existing cash enables advancement of Burbanks and further exploration activities Auric has delivered two successful mining campaigns, with Munda producing >46% more gold than forecast Key takeaways New management, Gareth Solly (CEO) and Scott Bailey (Processing Manager), bring relevant and recent WA gold development and processing experience Burbanks provides permitted brownfield infrastructure for a new 600ktpa plant, expandable to ~1.2Mtpa Munda remains open and underpins the initial operation, with 141koz of recovered gold, A$437m LOM EBITDA, A$2,843/oz AISC and a 2.3-year payback Recent Union Jack and Iron Maiden acquisitions increase resources by 85% and are near-term mining opportunities, potentially extending processing life Auric’s 628km2 portfolio, including Lindsays, provides further resource, mine-life and regional growth, with drilling underway 1 2 3 4 5 6 7 1: The SPP will not be underwritten and will be subject to receiving ASX waiver approval. 22 Appendices 23 Steven Morris | Non-Executive Chairman Mark English | Managing Director Gareth Solly | CEO & Executive Director John Utley | Technical Director Scott Bailey | Processing Manager Share price and trading data Corporate Snapshot ASX: AWJ Unit Current Ordinary shares outstanding mm 188 Fully diluted shares outstanding mm 222 2 Last share price – 12-Nov-2026 A$ / sh 0.20 Undiluted market capitalisation A$m 38 3 Total Debt A$m ~0 Total Cash and Cash Equivalents A$m 33 4 Undiluted Enterprise Value (A$m) A$m 5 5 • Capital structure Pre Placement Capitalisation 1 Board and management Top 20 (excl directors) 36% Directors 12% Other 52% Pre Placement Share register Research Coverage 1:Market data 12 November 2026 2: Assumes performance rights and ‘in-the-money’ options are dilutive as per the Treasury Stock Method. Excludes shares to be issued as part of the Union Jack Acquisition (12.5 million) 3: Excludes dilutive securities in market capitalisation calculation (A$0.20/sh x ~188 million = ~A$38m) 4: 30/09/2026 quarterly. Excludes the cash consideration paid on 7 October 2026 for Union Jack Acquisition (A$6.5m) 5. Excludes 1.9koz on stockpile, owned camp and corporate office and warehouse, Burbanks and infrastructure package etc 0.0 1.0 2.0 3.0 4.0 5.0 6.0 7.0 $0.00 $0.05 $0.10 $0.15 $0.20 $0.25 $0.30 $0.35 $0.40 $0.45 Nov-25 Jan-26 Mar-26 May-26 Jul-26 Sep-26 Nov-26 Volume (m) Price ($) Market Volume Share Price 24 Auric has demonstrated execution ability with a de-risked pathway to larger development ● Starter Pit mined 2025/2026 on schedule and budget ● 8,886oz sold generated A$64 million in revenue and $39 million in profit ● Established site with fully equipped 20-man camp, water rights, access roads, offices and remaining ore stockpiles containing 1.9koz ● Post mining, resource increased 32% to 194koz, despite Starter Pit depletion ● Geological, metallurgical & operating data de-risks the development pathway ● Consistent positive reconciliations from a conservative resource model ● Munda underpins Burbank's base case enabling potential financial upside ● Jeffreys Find mined between 2023 and 2025 on schedule and budget ● 29,537oz sold generating A$112 million in revenue and $33 million in profit1 ● Illustrates AWJ's ability to exploit small-scale, high-grade gold deposits in the Eastern Goldfields ● Dual mining campaigns validate geological model, reducing geological risk inherent to narrow vein high-grade orebodies METRIC FORECAST ACTUAL VARIANCE Dry Tonnes Milled 125,000t 126,057t +1% Reconciled Grade 1.80 g/t 2.46 g/t +37% Mill Recovery 83% 89.5% +8% Gold Recovered 6,100oz 8,886oz +46% Auric Mining – successful track record Jeffrey’s Find – A$112M Gold Sales Campaign 1 Munda Starter Pit – De-risking the Integrated Development 1. 50% profit split to AWJ Jeffreys Find mining campaign 2024 25 Note: Numerical differences occur due to rounding # 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 Acquisition and Major Resource Upgrade Current Mineral Resources Current JORC 2012 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 2004 Mineral Resource Estimates Deposit Cut off Category Tonnes Grade Ounces Au g/t (Thousand) (g/t Au) (k oz Au) Iron Maiden% 0.5 g/t Measured 750 1.6 39 Indicated 410 1.5 20 Inferred 221 1.4 10 TOTAL 1,380 1.5 69 Note: Numerical differences occur due to rounding % Subject to Completion - ASX:AWJ 10 November 2026. Iron Maiden Gold Project – refer to AXS:ACS 26 November 2012 for original resource report. Cautionary Statement: the Iron Maiden 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 26 The information in