ersonal use only
ASX ("AWJ")
Spark Plus Pte Ltd
Metals & Mining Day1
3 March 2022
Important Notice
This Presentation ("Presentation") has been prepared by Auric Mining Limited ("Auric" or "the Company") to provide summary information about Auric and its associated entities and their activities current as at 3 March 2022. The information contained in this Presentation is of general background and does not purport to be complete.
onlyNeither Auric nor any of its officers, employees, related bodies corporate, affiliates, agents or advisers guarantees or makes any representations or warranties, express or implied, as to, or takes resp nsibility for, the accuracy or reliability of the information contained in this Presentation. Auric does not represent or warrant that this Presentation is complete or that it contains all material inf rmation about Auric or which a prospective investor or purchaser may require in evaluating a possible investment in Auric or acquisition of Auric shares. Nothing contained in this document nor any information made available to you is, or should be relied upon as, a promise, representation, warranty or guarantee, whether as to the past, present or the future. Neither Auric nor any of its useoffic rs, employees, related bodies corporate, affiliates, agents or advisers has carried out due diligence investigations in connection with the preparation of this Presentation. You must conduct your own independent investigations and enquiries as you deem fit. The information set out in this Presentation does not constitute or purport to be a recommendation by Auric, its officers, mployees, agents or advisers and has been prepared without taking into account the objectives, financial situation or needs of its recipients. The information in this document does not constitute
This Presentation is not, and should not be considered as, an offer or an invitation to acquire securities in Auric and neither this Presentation nor any of its contents will form the basis of any offer, invitation, contract or commitment. This Presentation is not a prospectus and does not contain all of the information which would be required to be disclosed in a prospectus.
financial product advice (nor investment, taxation or legal advice).
To the maximum extent permitted by law, Auric and its related bodies corporate and each of their respective directors, employees, officers, affiliates, agents and advisers expressly disclaim any and all liability (including without limitation for negligence) for representations or warranties or in relation to the accuracy or completeness of the information, statements, opinions or matters, express or implied, contained in, arising out of or derived from, or for omissions from, this Presentation including, without limitation, any historical financial information, any estimates or projections and any other financial information derived therefrom. In particular, this Presentation does not constitute, and should not be relied upon as, a promise, representation, warranty or guarantee as to the past, present or the future performance of Auric.
This Presentation contains certain forward-looking statements and opinions which are provided as a general guide only and should not be relied on as an indication or guarantee of future performance and involve known and unknown risks, uncertainties and other factors, many of which are outside the control of Auric. Past performance is not necessarily a guide to future performance and no representation or warranty is made as to the likelihood of achievement or reasonableness of any forward looking statements or other forecasts.
All numbers in this Presentation are in Australian dollars (AUD) unless stated otherwise.
ersonal | auricmining.com.au | 2 |
Auric's Projects: World Class Address
ersonal use only
auricmining.com.au | 3 |
Widgiemooltha Gold Project
• Proven geological setting for gold and other mineralisation.
only | The tenement package surrounds the key Munda Project on 3 sides. | |||
• | ||||
• Substantial coverage at the north end of the Widgiemooltha Dome. | ||||
• | Even with the extensive mining history in the area, considerable exploration | |||
prospectivity remains with several significant gold projects discovered or developed | ||||
use | in the past ten years, including: | |||
Karora Resources (TSX:KRR); Higginsville Gold Operations (resources of | ||||
- | ||||
30Mt @ 1.5g/t for 1,466,000oz Au1); | ||||
- | Karora Resources; Beta Hunt (resources of 12Mt at 2.7g/t for 1,055,000oz | |||
Au1); and | ||||
- | Anglo Australian Resources (ASX:AAR); Mandilla Project (resources | of | ||
ersonal | 24.0Mt @ 1.0g/t for 784,600oz Au2). | |||
• | Total tenement package contains 13 granted tenements (including 5 granted | |||
Mining Leases) and 5 applications. Auric has a commanding land holding in the | ||||
region. | ||||
1 - (TSX: KRR) Karora Resources 1 February 2021. Technical Report 29 January 2021 | ||||
2 - (ASX: AAR) Announcement 18 January 2022; Mandilla Mineral Resource grows further to 784,000 ounces. Group | ||||
Resources total 900,000 ounces. | ||||
auricmining.com.au | 4 |
Widgiemooltha: Munda Deposit
• At date of acquisition by Auric, Munda had an Inferred resource of approximately 46,000oz Au at a 1g/t cut-off
only | ||||
• | Following re-evaluation of the historic drill hole data and two phases of | |||
RC drilling by Auric, the Munda resources have been upgraded to | ||||
198,700oz Au at a 0.5g/t cut-off. | ||||
• Within 16 months, Auric has increased the resource fourfold and | ||||
moved from 0% Indicated to 82% Indicated. | ||||
• Auric's Initial RC drilling program in February/ March 2021 was 27 | ||||
use | ||||
holes for 3,664 metres drilled. 24 of the 27 holes were gold | ||||
mineralized. Second RC drilling program in July/ August 2021 was 28 | ||||
holes for 3,116 metres drilled. Outstanding results have added to | ||||
latest estimate of resources. | ||||
ersonal | ||||
Significant Auric drill hole intercepts | ||||
AMRC003 | 13m @ 6.00 g/t Au, inc 1m @ 42.85 g/t Au | |||
AMRC012 | 13m @ 14.62 g/t Au, inc 1m @ 137.4 g/t Au | |||
AMRC014 | 18m @ 3.69 g/t Au, inc 5m @ 8.85 g/t Au | |||
AMRC041 | 5m @ 4.72 g/t Au, inc 1m @ 17.11 g/t Au | |||
AMRC050 | 4m @ 3.34 g/t Au, inc 1m @ 10.01 g/t Au | |||
AMRC051 | 4m @ 6.23 g/t Au, inc 1m @ 20.63 g/t Au | |||
auricmining.com.au | 5 |
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Auric Mining Ltd. published this content on 02 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 March 2022 09:26:07 UTC.