Auric Mining – Quarterly Activities Report 31 March 2024

Highlights

Jeffreys Find Gold Mine
• Stage Two Mining commenced on 10 March 2024 with over 300,000 tonnes of ore to be mined in 2024.
• First toll mining campaign for 2024 is underway at Greenfields Mill, Coolgardie.
• First gold sales expected early May 2024.

Munda Gold Project
• Assay results received for all of the 361 holes drilled in the first Munda 10m X 10m grade control pattern.
• Four contract mining companies have provided pricing estimates for mining and drill and blast services at Munda.
• Metallurgical testwork underway.

Corporate
• 17,493,780 options exercisable at 31 March 2024 were converted in April 2024, being 99% of this class of options on issue.
• The Company received $2,644,067, before costs, in April 2024 from exercise of options.
• Current cash at bank is around $4,100,000.