Executive Summary

Auric Overview

Auric Mining Ltd is a Western Australian based gold explorer and developer.

Auric Mining is a Western Australian gold exploration and development entity focused on establishing a gold mining enterprise of significant scale to attract capital and create share holder value. Auric is backed by an experienced Management Team with years of experience in the WA gold exploration sector.

Auric Mining main assets are the Widgiemooltha Gold Project, which comprises the 100% owned Munda Gold Project along with and the 100% owned Jefferys Find Gold Project in Western Australia.

Auric also hold the Spargoville Project comprising title to 1 granted and 2 pending exploration licences and 2 granted and 1 pending prospecting licence (EL’s) with demonstrated gold anomalism in the area and seek to acquire further quality exploration and near development landholdings with a view to developing other gold deposits.

Auric’s strong asset base of >220,000 ounces Au of JORC compliant resource plus the EL’s is complemented by a well credentialed and lean Board with significant experience developing gold projects both in Australia and globally.

About Us

Corporate
Values

The Company is an exploration and development entity focused on establishing a gold mining enterprise of significant scale to attract capital and create shareholder value.

Board of Directors

Steve Morris

Steve Morris

Non-Executive Chairman

Steve has over 20 years’ experience in financial markets. Previous roles include Head of Private Clients (Australia) for Patersons Securities, Managing Director of Intersuisse Ltd, Founder and Managing Director of Peloton Shareholder Services and senior executive roles within the Little Group. Steve is currently on the board of the Melbourne Football Club.

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

Mark English

Mark English

Managing Director

Mark has a Bachelor of Business and has a 40-year career as a Chartered Accountant.

Mark was the founding Director of Bullion Minerals Ltd, that he managed for 7 years prior to taking it to IPO, which has spun out to become Chalice Gold Mines Ltd (“CHN”) and Liontown Resources Ltd (“LTR”). Mark recently acted as the finance Director of Pela Global Ltd an unlisted mining company with substantial assets in Eastern Europe and assisted with major equity and debt raisings throughout 2016 to 2018.

Stephen Strubel

Stephen Strubel

Executive Director & Company Secretary

Stephen has completed a Bachelor of Business in Banking and Finance/International Trade and an MBA from the Australian Institute of Business. Stephen has worked in financial markets for approximately 10 years with Patersons Securities and FIIG Securities in sales and trading.

Stephen was the past Company Secretary of ASX-listed Purifloh Ltd (“PO3”) and recently employed as a full time ASX Company Secretary via Boardroom Pty Limited. Stephen currently provides consultancy Company Secretarial services to ASX listed companies. Stephen was a Director and Company Secretary of Pela Global Ltd an unlisted public company with mining assets in Eastern Europe for 5 years. He assisted with major equity raisings throughout this time.

John Utley

John Utley

Technical Director

John has a 35-year career in mining and exploration, principally gold assets. John holds a master’s degree in earth sciences from the University of Waikato in New Zealand.

John has worked in Australia, South America, Papua New Guinea and most recently 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 Ltd. John previously worked with Plutonic Resources Ltd. John was head of the exploration team at Darlot Gold Mine, during the discovery and development of the 2,300,000 ounce Centenary gold deposit.

Corporate Governance

Corporate Governance

Auric Mining’s approach to corporate governance is a foundation of our performance and success as a gold exploration and mining company with assets in Australia.

We believe that strong governance improves corporate performance to the benefit of all stakeholders. Auric Mining’s governance practices guide our behaviour and help ensure we act in an ethically and environmentally responsible manner and uphold our corporate values. We continually review and improve our practices to achieve higher standards of corporate governance.

The Auric Mining Board is committed to following the corporate governance guidelines and recommendations set out by the ASX Corporate Governance Principles and Recommendations.