• All bullion sold at average of A$7,178 per ounce
• Net Cash & sole debtor totals A$43.5M (ex GST) at 23 March 2026
• 8,886 ounces produced from Munda Starter Pit, 46% above budget

Auric Mining Limited (ASX: AWJ) is pleased to report on the finalisation of all gold sales for the Munda Gold Mine Starter Pit. This includes the sale of all bullion produced from the second Munda mining campaign and processed at Black Cat Syndicate Ltd.'s (ASX: BC8) Lakewood Mill from late January through to mid-February 2026. The gold was sold for an average A$7,178 an ounce. Cash at bank and an amount due from Black Cat totals net $43.5 million, after payment of all mining, haulage, processing and related costs, and excluding the GST owing. This represents an excellent overall result for Auric. The overall Starter Pit final total of 8,886 ounces of gold produced further represents a 46% increase in ounces above the budgeted 6,100 ounces. The reconciled average head grade for the Starter Pit came in at 2.46g/t against a predicted grade of 1.80g/t, and recovery was at 89.5% against a predicted recovery of 83.3%. These results surpassed all expectations and indicate that Munda hosts a larger, higher grade gold deposit than previously thought.

The Munda Main Pit represents a major opportunity and reinforces Auric's ambition to become an integrated, sustainable and significant gold producer.