DARGUES ACQUISITION COMPLETED
HIGHLIGHTS
▪ Acquisition of Dargues Gold Mine and tenements from Diversified Minerals completed
▪ Cash consideration reduced by approx. A$7.0 million due to the hedge risk mitigation mechanism
working in Aurelia’s favour
▪ Dargues diversifies Aurelia’s production base by adding a third strategic asset in NSW, reweights
portfolio further towards gold and lowers group All-In-Sustaining-Cost (AISC) profile
▪ Operational control of the Dargues mine has occurred
▪ Aurelia now set to drive operational ramp-up of the underground mine over 2H FY21
▪ Dargues expected to produce an average of 45 - 55koz gold p.a. at an average AISC of A$1,150 -
1,350/oz over the next five years1
▪ Significant upside potential with attractive extensional drill targets presenting life extension
opportunities
▪ Intensive surface and underground drill program set to commence, targeting significant mineralisation
along strike and at depth
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11 | 544785 | 0.210 |
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8 | 312891 | 0.200 |
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