Aurora Minerals Limited announced the grant of E74/651, Mount Short, near Ravensthorpe, and is preparing for field exploration activities in the 2020 field season, pending the acceptance of aboriginal heritage agreements. Mount Short has been extensively investigated and drilled by several previous explorers, including WMC and BHP. This has generated large volumes of data for interpretation, which is currently underway and will be reported on further in due course. Work to date: Data Compilation - All of the open file data relevant to the applied and granted tenure has been obtained and is being systematically compiled and investigated. This includes satellite imagery, drilling data, geochemical sample data, geophysical survey data and open file reports. Geological Interpretation - GSWA geology and historical reporting have confirmed the ground to be suitable for structurally controlled VMS and gold mineralisation. Detailed geological interpretation is underway. Planned Exploration - The data compilation and interpretation will highlight where further work is required and field work will be planned accordingly, including: geophysical drone surveys, stream sampling, ground truthing of identified anomalies, soil sampling grids and drilling. Mount Short: The Mount Short tenement E47/651 secures a 50km2 area of the Ravensthorpe Greenstone Belt, prospective for volcanogenic massive sulphides (VMS), nickel massive sulphides and structurally controlled gold mineralisation. Ultramafics of the Ravensthorpe Greenstone Belt alternate with metasediments and banded iron formation units, all disrupted by north-west trending thrust faults, interpreted as conduits to mineralisation. North east to east-west striking dyke swarms crosscut the Archean granite and greenstone units. Historical Exploration: A total of 246 holes were historically drilled, mostly shallow air core (50 holes) and rotary air blast (RAB - 171 holes) designed to penetrate the regolith. Aurora will focus on reviewing the 10 deep diamond drill holes and 15 RC holes drilled by Traka Resources during their tenure from 2005 to 2017. The very limited outcrop and agricultural land use limits surface exploration to seasonal soil sampling. In this environment, mobile metal ion (partial) analysis of soil samples is proposed for future soil surveys to define geochemical anomalism across the tenure. Historical soil sampling open file results are available for the south eastern corner of the tenure and this data will be reviewed in conjunction with drilling data. Traka conducted a detailed aeromagnetic survey and a ground EM survey in 2010, defining a number of EM anomalies as illustrated in the figures below. Historical drilling has targeted these anomalies and a review of drill logs and available drill core will highlight whether coincident magnetic and electromagnetic anomalies have been adequately investigated. Reinterpretation of these historical geophysical surveys will assist with depth targeting for Aurora's ongoing exploration. Loudens Patch: Aurora has applied for the "Loudens Patch" tenement in the Pilbara which has had limited previous exploration despite sharing similar geology with some well mineralised neighbours. For example, a volcanogenic massive sulphide (VMS) JORC Resource has been defined at Evelyn, 21km due south of Loudens Patch, occupying the same geological units and regional structural controls. The Loudens Fault separates Loudens Patch from the Whim Creek tenure, held by Venturex Resources Limited, where multiple VMS JORC Resources have been defined and historically mined from similar Archean greenstone host rocks. However, most neighbouring tenure is targeting gold mineralisation and the lack of available ground in the area attests to its prospectivity. Loudens Patch Geological Interpretation: Loudens Patch occupies a triangular, fault-bound sub-basin of Mallina Formation fine grained Archean metasediments underlain by sandstones and conglomerates of the Constantine Fm. The bounding faults - Loudens Fault to the north east and Mallina Shear to the South - are both mineralised structures dotted with historical gold workings, including Loudens Patch, after which the tenement is named. The sub-basin units are steeply folded to overturned along a north-east trend and are an ideal trap site for structurally controlled mineralisation such as gold and VMS deposits. The underlying Constantine Formation conglomerates outcrop along the Mallina shear and are known to be gold mineralised. Geological interpretation of detailed Landgate aerial photography has highlighted colour anomalies that suggest alteration and has defined numerous cross-cutting structures (north-east, north-west and east-west trending) that present suitable conduits to mineralisation. These require further investigation as follows. Ongoing acquisition strategy: Consistent with the Company's previously disclosed strategy, the Company will continue to assess more advanced projects to complement Aurora's exploration projects, which are suited to the application of technical solutions (such as sorting) and provide the opportunity to rapidly advance through to development and production.