Auric Mining : AWJ Spark Plus Mining Day Presentation

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ASX ("AWJ")

Spark Plus Pte Ltd
Mining Day	1
14 December 2021

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 10 December 2021. The information contained in this Presentation is of general background and does not purport to be complete.

onlyinf 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.

Neither 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

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.

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Investment Highlights

Gold focused company in Tier 1 location, 100km south of Kalgoorlie.
Commanding tenement package around north end of Widgiemooltha Dome, including five (5) granted Mining Leases.
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Acquired three (3) projects from ASX listed companies, Estrella Resources ("ESR"), Mincor Resources ("MCR") and Neometals ("NMT") in past
15 months.
Expanding resource base currently 222,000 ounces, upgrade due January 2022.
All projects closely located, with excellent infrastructure, roads, power and water.
use
Strategically located with five (5) gold processing mills within 100km of Widgiemooltha.
Development planning commenced for Jeffreys Find and Munda.
Strong management team with substantial experience in resources sector delivering results.
Exploration cash focus with 77% of all operating cash spent on exploration/ acquisition activities since incorporation.
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Directors

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Steven Morris

Non-Executive Chairman

Steve has over 25 years' experience in financial markets. He was Head of Private Clients (Australia) for Patersons Securities, Managing Director of Intersuisse Ltd, Founder and Managing Director of Peloton Shareholder Services and held senior executive roles in the Little Group. Steve is Vice President of the Melbourne Football Club.

Steve was a Non-Executive Director of De Grey Mining Ltd ("DEG") from 2014 to 2019 and Chairman of ASX-listed Purifloh Ltd ("PO3") from 2013 to 2019.

Mark English

Managing Director

Mark has a Bachelor of Business degree, is a Chartered Accountant and a member of the Australian Institute of Company Directors. Mark has 40 year career in the resources sector and corporate services. Mark has particular responsibility for Company strategy, financial management, corporate development and acquisition opportunities. Mark was a founding Director of Bullion Minerals Ltd, that he managed for 10 years including completing IPO.

Mark is a Co-Founder, Director and Shareholder in the Moora Citrus group of companies, WA's largest citrus producing orchard in operation for over 20 years.

John Utley

Technical Director

John holds a Master's degree in earth sciences from the University of Waikato in New Zealand and he has a 30 year career in mining and exploration, principally gold sector. John is a member of the Australian Institute of Geoscientists (AIG) and the Australian Institute of Mining and Metallurgy (AusIMM).

John has worked in Australia, South America, Papua New Guinea and in Canada where he was Chief Geologist for Atlantic Gold Corporation, during exploration and development of the Touquoy Gold Mine and other gold deposits in Nova Scotia, prior to its acquisition by St Barbara. John previously worked with Plutonic Resources Ltd, where he was head of the exploration team at Darlot Gold Mine, during the discovery and development of the 2.3M ounce Centenary gold deposit.

Stephen Strubel

Executive Director & Company Secretary

Stephen completed a Bachelor of Business in Banking and Finance/International Trade and Graduate Certificate in Business (Finance) from Victoria University and has an MBA from the Australian Institute of Business. He is a Fellow of the Governance Institute of Australia. Stephen has worked in financial markets in Melbourne for approximately 10 years predominantly with Patersons Securities.

Stephen is a Non-Executive Director of Star Minerals Ltd ("SMS"), Executive Director of ChemX Materials Ltd and is Joint Company Secretary of the Environmental Group Ltd ("EGL").

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Capital Structure at 10 December 2021

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$10.2M

Market Cap

93.1M

Shares on Issue

43.9M

Options ($0.40 exercise price)

(expire 31 October 2023)

$2.6M

Cash

60%

Tradeable Shares

33%

Tradeable Options

Directors (27.39%)

Mincor (3.94%)

Neometals (3.68%)

Largest Shareholder (7.73%)

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