Completion of Purchase of Munda Related Assets

• Acquisition of nickel rights, water assets, and mining camp from WIN Metals
• Enhances mining operations at Auric's Munda Gold Mine
• Provides greater control and operational efficiencies

Auric Mining Limited (ASX: AWJ) has successfully finalized the purchase of a package of assets from WIN Metals Ltd (ASX: WIN), including all nickel and associated mineral rights at the Munda M15/87 tenement, water access rights and usage, and a fully equipped mining camp. The total consideration for the acquisition is $1.4 million (ex GST), with the first tranche of $900,000 paid on 30 June 2025 and the second tranche of $500,000 due by 30 November 2025. This milestone agreement has considerably enhanced Auric's mining operations at its Munda Gold Mine, providing the company with greater control and operational efficiencies. Auric now owns all mineral rights at Munda, except for lithium, which remains with WIN Metals. The acquisition of the water asset and the mining camp have been particularly beneficial, with the camp located just six kilometers north of the mine site, assisting greatly in housing the mining team. Auric's Managing Director, Mark English, stated that the completion of this acquisition is a major step forward for the company at the Munda Gold Mine, where mining is proceeding according to plan.