• $14.6M gold sales resulting in $8.8M net revenue to date after milling fees
• 2,355 ounces produced from three gold pours
• Average sale price A$6,200 per ounce

Auric Mining Ltd (ASX: AWJ) has announced excellent sales and cash generation from its Munda Gold Mine. The company has banked A$8.8 million (ex GST) from the sale of gold from the first three pours of gold from the Munda Starter Pit. This sum is after payment of milling costs to Black Cat Syndicate Ltd (ASX: BC8) Lakewood Mill. A further third gold pour from Munda Gold Mine is now also complete, with 565 ounces sold at A$6,406 an ounce. Added to the first 1,790 ounces sold, a combined 2,355 ounces have now been sold for gross revenue to date of $14,600,000 at an average of A$6,200/ounce. Processing of this first almost 58,000 tonne parcel concluded at Lakewood Mill on 2 November 2025, with the Company expecting the GIC (gold in circuit) calculation to be determined by the end of this month. Auric expects to bank further cash within the fortnight. The next processing campaign is pencilled to start mid-January 2026 to deal with the 65,000-tonne contract balance. With the Starter Pit campaign complete, Auric will commence 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, mid-sized gold producer.

Auric expects to bank further cash within the fortnight from the Munda Gold Mine operations.

Auric has booked a second 65,000 tonne processing campaign at the Lakewood Mill commencing mid-January 2026. The company will also commence detailed planning and scoping for the Munda Main Pit, with work scheduled to begin in Q1/2026, representing a major opportunity to expand production.