Burbanks Mill Agreement Executed

• Auric Mining to acquire Burbanks Mill for $4.4 million
• Acquisition marks strategic milestone for Auric's mining operations
• Enables Auric to increase operational flexibility and reduce reliance on third-party mills

Auric Mining Limited (ASX: AWJ) has executed an Asset Sale Deed to acquire the Burbanks Plant and Associated Assets (Burbanks Mill) in Coolgardie, Western Australia, for $4.4 million (plus GST). The acquisition marks a significant milestone for Auric, as the company aims to become a fully integrated miner and producer. Auric's Managing Director, Mark English, stated that the Burbanks Mill has been a major missing piece for the company, and the execution of the Deed is a strategic step towards establishing its own processing pathway and being in control of its own destiny. The acquisition is expected to enable Auric to increase operational flexibility, reduce reliance on third-party mill arrangements, and capture greater value from its future mining operations. Auric is fully funded to complete the acquisition, and the company expects settlement and completion to be sometime in mid/late September 2025. Auric will keep the market informed of developments as the acquisition progresses.

Auric expects the acquisition of the Burbanks Mill to be an important piece of the company's longer-term future, enabling it to increase operational flexibility, reduce reliance on third-party mill arrangements, and capture greater value from its future mining operations.