• First gold pour from Munda Starter Pit completed on 21 October 2025
• First sales of Munda gold expected by 31 October 2025
• First cash to Auric anticipated mid-November 2025

Auric Mining Limited (ASX: AWJ) has announced the completion of the first gold pour from the Munda Starter Pit at Black Cat Syndicate Ltd's (ASX: BC8) Lakewood Mill. The processing of the first 60,000-tonne parcel of ore commenced on 12 October 2025 and is progressing ahead of schedule. Auric has a contract with Black Cat to toll treat a total of 125,000 tonnes of Munda ore between now and February 2026. The company expects first gold sales from the Munda ore by late October, with cash flowing to Auric in mid-November, demonstrating its ability to generate near-term value for shareholders. This ore treatment arrangement with Black Cat represents a cost-effective pathway to monetize the Munda Starter Pit ore while positioning Auric for long-term growth. With the Starter Pit campaign complete, Auric has commenced detailed planning and scoping for the Munda Main Pit, with work scheduled to begin in Q1/2026. The Main Pit represents a major opportunity to expand production and reinforce Auric's ambition to build into an integrated, sustainable gold producer.

Auric has commenced detailed planning and scoping for the Munda Main Pit, with work scheduled to begin in Q1/2026. The Main Pit represents a major opportunity to expand production and reinforce Auric's ambition to build into an integrated, sustainable gold producer.