• Second toll processing campaign of Munda ore commenced at Black Cat Syndicate's Lakewood Mill
• First gold sales expected in early February 2026
• Toll processing to take approximately 3 weeks
• All current mining operations of the Starter Pit at Munda Gold Mine completed

Auric Mining Limited (ASX: AWJ) has provided an operational update on activities at its Munda Gold Mine, announcing that the second toll processing campaign of Munda ore has commenced at the Black Cat Syndicate Ltd (ASX: BC8) Lakewood Mill on 26 January 2026. The toll processing is expected to take approximately 3 weeks, with first gold sales anticipated in the week starting 9 February 2026 and the first cash proceeds from the sale of gold expected in late February 2026. The Company also reported that all current mining operations of the Starter Pit at the Munda Gold Mine have been completed on 26 January 2026. Managing Director Mark English commented that the completion of mining the Starter Pit and commencement of the second processing campaign is a significant step forward for Auric, and the Starter Pit results continue to validate Munda as a high-quality gold asset capable of generating near-term value. Auric is focused on transitioning further into a sustainable gold producer.

Auric is continuing to build on the momentum from the Munda Gold Mine and transition further into a sustainable gold producer.