• Munda Gold Mine's first production campaign exceeds expectations, generating A$16.85M in gross sales
• Jeffreys Find Gold Mine completes rehabilitation, delivering A$14.5M in cashflow over its life
• Acquisition of Burbanks Gold Processing Plant enhances Auric's long-term strategic capacity

Auric Mining Ltd (ASX: AWJ) has delivered an outstanding December 2025 quarter, with the successful completion of the first production campaign at the Munda Gold Mine. The campaign produced 2,718 ounces of gold, generating A$16.85 million in gross sales and delivering A$10.82 million in net cash to Auric after milling, haulage and royalty costs. This result significantly exceeded internal planning estimates and has materially strengthened the company's financial position. At the end of the quarter, Auric had approximately 67,000 tonnes of high-grade ore stockpiled at Munda, in preparation for a second and final processing campaign at the Lakewood Mill, scheduled to commence in late-January 2026. The Jeffreys Find Gold Mine Joint Venture entered the closure stages during the quarter, having delivered a strong financial contribution to Auric over its life, producing approximately 29,537 ounces of gold and generating A$14.5 million in cashflow. Auric also continued its technical and operational evaluation of the Burbanks Gold Processing Plant, a key strategic asset supporting the company's transition toward becoming an integrated miner and processor. Additionally, Auric progressed the acquisition of the Lindsay's Gold Project, completing settlement on four tenements not subject to Warden's Court proceedings and assuming legal management and responsibility for the Warden's Court matter relating to tenement M27/169.

Auric expects the second 65,000-tonne processing campaign at the Munda Gold Mine to commence in late-January 2026, extending the strong production and cashflow momentum established in Campaign One.

Auric is well-positioned to progress growth initiatives, with the significant cash inflow from the successful Munda Gold Mine Campaign One. The company is also preparing for a transition to larger-scale operations in the Munda Main Pit, with detailed design work and further economic analysis expected to lead to permitting of the Main Pit later in 2026.