Ann: Edjudina Gold Project - Contract Mining Agreement Executed, page-9

When you look at Aurics AGM address today, the numbers are very interesting:



In 2024 Jeffreys Find continued its outstanding performance with mining wrapping up early this year, albeit activities are still continuing. For the second stage of the project, which encompassed most of 2024, almost 18,000 ounces of gold were sold taking total production from the mine to circa 28,000 ounces of gold, since inception.

Jeffreys Find will finish with a flourish. About 60,000 tonnes are currently being hauled to the Three Mile Hill Mill at Coolgardie where it will be processed starting at the beginning of July. We expect it to produce somewhere around 2,750 ounces of gold and a payment to Auric of more than $3 million, to be received in Q3/2025. Our total cash investment into the Jeffreys Find Mine is about $1.5 million. It looks certain to generate more than $15 million in cash returns for Auric which has made it a resounding success.

In no small way that has been due to the excellent partnership with BML Ventures of Kalgoorlie. They have been a proficient open pit miner and we have learned much from the way they operate. That we are splitting more than $30 million in surplus cash from less than three years of mining says much about how well the mine has performed. I especially thank the key executives of BML Ventures and all their staff and contractors. The outcome for Auric has been tremendous.