• 40,000 tonnes of high-grade ore stockpiled on Munda ROM
• Haulage contract executed with TLL Haulage Solutions
• 60,000 tonne toll parcel confirmed at Black Cat's Lakewood Mill

Auric Mining Limited (ASX: AWJ) is pleased to announce substantial progress at the Munda Gold Mine, with the first toll milling campaign formally scheduled at Black Cat Syndicate Ltd's (ASX: BC8) Lakewood Mill. Mining of the Munda Starter Pit commenced earlier in 2025 and is expected to be completed in October/November 2025. The first 60,000 tonne parcel will be processed commencing on or about 24 October 2025, with one or two further toll milling campaigns expected between January and March 2026. The toll milling arrangement represents a cost-effective pathway to monetise the Munda Starter Pit ore while positioning Auric for long-term growth. The Company expects to receive first cash flows in late November 2025, demonstrating its ability to generate near-term value for shareholders. Once the Starter Pit campaign is completed, Auric will commence detailed planning and scoping for the Munda Main Pit, with work scheduled to begin in Q2/2026. The Main Pit represents a major opportunity to expand production and reinforce Auric's ambition to build into a sustainable mid-tier gold producer.

The company expects to receive first cash flows from the toll milling campaign in late November 2025.

Auric is on track to deliver its first gold revenue from the Munda starter pit in November 2025. The company will then commence detailed planning and scoping for the Munda Main Pit, with work scheduled to begin in Q2/2026.