• First outturn of 1,147 ounces of gold from Campaign Two
• Based on current gold price, $8.15M gold at ABC Refinery
• Auric establishing metal account at ABC Refinery to control and manage timing of sales

Auric Mining Limited (ASX: AWJ) has provided a preliminary progress report on the first 2026 gold pour from the Starter Pit at the Munda Gold Mine at Black Cat Syndicate Ltd's (ASX: BC8) Lakewood Mill on 3 February 2026. The first outturn of 1,147 ounces from ABC Refinery was completed on 10 February 2026. Processing of this second 65,000 tonne parcel from the Munda Starter Pit is expected to be finalized around 17 February 2026, meaning a total of 125,000 tonnes will have been processed through Lakewood Mill in two separate campaigns since milling commenced in October 2025. Auric is establishing a new metal account with ABC Refinery to control and manage the timing of gold sales. The Starter Pit is providing Auric with invaluable insights into the Munda orebody in terms of resource estimation, mining techniques, and processing. Following reconciliation of the gold recovered from the two processing campaigns with mining and processing data, the Company will commence detailed planning and scoping for the Munda Main Pit, which represents a major opportunity to expand production and reinforce Auric's ambition to build into an integrated, sustainable gold producer.

Auric expects a minimum of three gold pours and outturns from Campaign Two.