AURIS MINERALS LIMITED — Capital/Financing Update 2021

Feb 21, 2021

==> picture [101 x 97] intentionally omitted <==

22 February 2021

DIAMOND DRILLING COMPLETE AT SAMS CREEK GOLD PROJECT

SHARE PURCHASE AGREEMENT EXECUTED WITH SANDFIRE

• Sandfire Resources Ltd (ASX: SFR) have completed seven diamond drill holes at the Sams Creek Gold Project in New Zealand

• Three diamond holes completed in the Main Zone resource for a total of 538.8m to test alternative geological models and continuity of high-grade intersections

• Early indications support Model 1 geological interpretation - which was used as the basis for the current JORC Resource

• Future drilling will concentrate on defining the NE trending high grade mineralisation in the fold hinges

• A further four diamond holes were completed for 233.7m at the SE Traverse Prospect

• All the mineralised core from diamond drilling has been submitted for assay with all results from the Main Zone Resource Drilling received (Refer Table 3) and the SE Traverse drill results are expected late February

• Sams Creek hosts significant exploration potential with only 1km of the 7km known dyke extent systematically drilled to date

• Share Purchase Agreement executed with Sandfire for the acquisition of 100% of Sandfire’s wholly owned subsidiary Sams Creek Gold Limited (“SCGL”)

Gold and Base Metals explorer Auris Minerals Limited (“ Auris ” or “ the Company ”) ( ASX: AUR ) is pleased to announce that diamond drilling, undertaken by Sandfire Resources Limited (“ Sandfire ”; ASX: SFR ), into the Main Zone Resource and the SE Traverse prospect at the Sams Creek Project has now been completed.

Sandfire has completed three diamond holes, designed to test alternative geological models, (Figure 4, SCDDH097-SCDDH099) for 538.8m in the Main Zone of the Sams Creek deposit. All three holes intersected the dyke with downhole dyke thickness ranging from 52 to 85m (Table 2) and a true thickness of approximately 50m. The dyke intersected in all three holes contained numerous sulphide veins (Figure 3). The sulphide veins are generally dipping moderately (40-60°) to the SE which is consistent with previous surface mapping and orientated core from previous Main Zone drill holes. Significant gold intersections are summarised in (Table 3) and (Figure 4).

Analysis of the drilling shows that generally broad zones of lower grade mineralisation were intersected which indicates the presence of a high-grade core is not likely and supports the Model 1 interpretation for future development. The three holes were drilled between NE trending high grade zones as shown in (Figure 5). Future drilling will now concentrate on defining the NE trending high grade mineralisation in the fold hinges.

AURIS MINERALS LTD ABN 77 085 806 284 Lvl3 18 Richardson Street West Perth Western Australia 6005 | PO Box 298 West Perth WA 6872 T +61 8 6109 4333 | E general@aurisminerals.com.au | W aurisminerals.com.au

SAMS CREEK GOLD PROJECT DIAMOND DRILLING UPDATE

22 FEBRUARY 2021 P a g e | 2

Following completion of the Main Zone Resource drilling, a total of four holes (SCDDH100-SCDDH103, Table 4) for 233.7m were completed at the SE Traverse prospect where previous drilling (SCDDH096 and SCDDH094, (Figure 6), Refer ASX Announcement 26 October 2020) intersected high grade mineralisation indicating a continuation of the Carapace mineralised shoot to the SW (Figure 6). The SE Traverse is a slab of dyke approximately 600m long that slipped downhill a few hundred metres from the outcrop and represents the SE limb of A1 anticline that runs from Main Zone to the Carapace (Figure 5).

The intersected dyke intervals within the SE traverse drilling were strongly weathered and broken. Variable amounts of arsenopyrite and quartz veining were intersected within SCDDH100-102. The strongest mineralisation was intersected within SCDDH102, comprising 8 metres (14 – 22m) of 2-3mm arsenopyrite veins and 3-5mm quartz-arsenopyrite (± sphalerite ± chalcopyrite ± galena) veins.

All drill core from drilling within the SE Traverse Prospect has been submitted for assaying, with the full suite of results expected to be received in late February.

On receipt of all Main Zone and SE Traverse assays the existing JORC (2012) Mineral Resource Estimate (MRE) of 1Moz gold @1.54g/t Au (0.7 g/t gold cut off) will be updated.

Management Commentary

Auris Managing Director, Mike Hendriks, commented, “Diamond drilling into the Main Zone Resource at Sams Creek has been completed. Results support the geological model which was used to establish the existing JORC Resource which was the main purpose of these holes.

The diamond drill rig has now just completed the planned SE Traverse drilling, designed to test the potential continuity of previously intersected high-grade mineralisation and all samples have been submitted for assaying. We are confident that this program will provide our team with the geological understanding needed to update the existing Sams Creek JORC Resource which remains open at depth and along strike. With only a small extent of the Sams Creek strike tested so far, we believe there remains significant exploration upside at the project.

Results of the assays of the last 4 holes will be reported once available. Exploration is continuing across our projects in the Bryah Basin, and we look forward to providing regular updates on exploration progress to our shareholders.”

Sams Creek Acquisition Background

Auris entered into a legally binding term sheet with Sandfire to acquire Sandfire’s interest in the Sams Creek Gold Project. Completion of the Sams Creek Project acquisition is subject to satisfaction of a number of conditions precedent by 31 March 2021, including New Zealand regulatory approvals and an extension of EP 40 338 for four years being approved by New Zealand Petroleum and Minerals.

For the extension of the permit to be successful an approved level of exploration is required to be carried out within the permit prior to its expiry. In order to meet this commitment, Sandfire is spending approximately $600,000 on exploration on the Sams Creek Project prior to the permit expiry of 26 March 2021.

Auris is pleased to advise that it has now executed a Share Purchase Agreement (“SPA”) with Sandfire in relation to the sale of shares in Sandfire’s wholly owned subsidiary Sams Creek Gold Limited (“SCGL”) to Auris.

Further details of the transaction can be viewed in the ASX release dated 30 September 2020.

AURIS MINERALS LTD ABN 77 085 806 284

SAMS CREEK GOLD PROJECT DIAMOND DRILLING UPDATE

22 FEBRUARY 2021 P a g e | 3

==> picture [275 x 153] intentionally omitted <==

----- Start of picture text -----

Category Cut-Off Million Tonnes Au (g/t ) Au (K Oz)
Indicated 0.7 10.07 1.77 575
Inferred 0.7 10.4 1.31 439
Grand Total 0.7 20.47 1.54 1014
Indicated 1 7.9 2.03 515
Inferred 1 5.8 1.7 315
Grand Total 1 13.7 1.89 830
Indicated 1.5 5 2.48 402
Inferred 1.5 2.5 2.33 187
Grand Total 1.5 7.5 2.43 588
----- End of picture text -----

Table 1: Sams Creek 2012 Mineral Resource Estimate

==> picture [403 x 227] intentionally omitted <==

Figure 1: Diamond Drilling – Sams Creek

AURIS MINERALS LTD ABN 77 085 806 284

SAMS CREEK GOLD PROJECT DIAMOND DRILLING UPDATE

22 FEBRUARY 2021 P a g e | 4

==> picture [427 x 303] intentionally omitted <==

Figure 2: Sams Creek Dyke, Drill Hole Location

==> picture [428 x 60] intentionally omitted <==

----- Start of picture text -----

Easting Northing RL Total Dyke Dyke Interval
Hole ID Azimuth Dip
(NZTM) (NZTM) (m) Depth From To (m)
SCDDH097 1580104 5454506 231 070 -72 171.3 75.3 143.0 67.7
SCDDH098 1580104 5454506 231 050 -75 165.8 95.0 147.0 52.0
SCDDH099 1580104 5454506 231 033 -76 201.7 103.0 188.4 85.4
----- End of picture text -----

Table 2: Main Zone Resource Drilling Collar Details and Dyke Intersections

==> picture [296 x 169] intentionally omitted <==

----- Start of picture text -----

Hole ID From (m) To (m) Interval (m) Gold (g/t)
SCDDH097 91.5 120.0 28.5 1.09
Including 105.0 113.0 8.0 2.09
131.0 134.0 3.0 1.17
SCDDH098 99.0 107.0 8.0 1.11
110.0 121.0 11.0 1.46
127.0 132.0 13.0 1.20
137.0 140.0 3.0 2.32
Including 137.0 138.0 1.0 5.46
SCDDH099 106.0 109.0 3.0 2.57
Including 107.0 109.0 2.0 3.45
150.0 155.0 5.0 1.30
157.0 160.0 3.0 1.01
174.0 178.0 4.0 1.13
----- End of picture text -----

Table 3: Significant Drill Results - Sams Creek Dyke Main Zone Resource Drilling

AURIS MINERALS LTD ABN 77 085 806 284

SAMS CREEK GOLD PROJECT DIAMOND DRILLING UPDATE

22 FEBRUARY 2021 P a g e | 5

==> picture [370 x 66] intentionally omitted <==

==> picture [370 x 66] intentionally omitted <==

==> picture [370 x 66] intentionally omitted <==

==> picture [370 x 33] intentionally omitted <==

==> picture [369 x 67] intentionally omitted <==

==> picture [369 x 66] intentionally omitted <==

==> picture [369 x 67] intentionally omitted <==

==> picture [369 x 33] intentionally omitted <==

Figure 3: Mineralised drill core from diamond drill hole SCDDH097 (107.4-112.4m) at Sams Creek showing silicified and altered dyke with dark grey sulphide veins dominated by arsenopyrite

AURIS MINERALS LTD ABN 77 085 806 284

SAMS CREEK GOLD PROJECT DIAMOND DRILLING UPDATE

22 FEBRUARY 2021 P a g e | 6

==> picture [425 x 299] intentionally omitted <==

Figure 4: Two geological models showing results of drillholes SCDDH097, SCDDH098 and SCDDH099

==> picture [395 x 322] intentionally omitted <==

Figure 5: Plan view of the Carapace and Main Zone showing the dyke outcrop (purple) and with NE trending high-grade overlays (orange polygons)

AURIS MINERALS LTD ABN 77 085 806 284

SAMS CREEK GOLD PROJECT DIAMOND DRILLING UPDATE

22 FEBRUARY 2021 P a g e | 7

==> picture [428 x 52] intentionally omitted <==

==> picture [428 x 53] intentionally omitted <==

==> picture [428 x 52] intentionally omitted <==

==> picture [428 x 53] intentionally omitted <==

==> picture [428 x 52] intentionally omitted <==

==> picture [428 x 51] intentionally omitted <==

Figure 6: Plan view of the SE Traverse prospect showing new drill holes SC100 to SC104.

All assay results from the drilling completed at the SE Traverse prospect are pending.

==> picture [427 x 73] intentionally omitted <==

----- Start of picture text -----

Easting Northing RL Total Dyke Dyke Interval
Hole ID Azimuth Dip
(NZTM) (NZTM) (m) Depth From To (m)
SCDDH100 1579764 5453739 483 000 -90 63.6 53.5 57.6 4.1
SCDDH101 1579703 5453672 485 000 -90 54.7 43.9 47.5 3.6
SCDDH102 1579621 5453625 494 000 -90 32.5 11.0 22.0 11.0
SCDDH103 1579513 5453633 494 000 -90 82.9 75 77.8 2.8
----- End of picture text -----

Table 4. SE Traverse Drilling Collar Details and Dyke Intersections

-ENDS-

For and on behalf of the Board.

Mike Hendriks Managing Director

For Further information please contact: Mike Hendriks Managing Director Ph: 08 6109 4333

AURIS MINERALS LTD ABN 77 085 806 284

SAMS CREEK GOLD PROJECT DIAMOND DRILLING UPDATE

22 FEBRUARY 2021 P a g e | 8

ABOUT AURIS MINERALS LIMITED

Auris is exploring for base metals and gold in the Bryah Basin of Western Australia. Auris has consolidated a tenement portfolio of 1,410km², which is divided into eight well-defined project areas: Forrest, Cashman, Cheroona, Doolgunna, Morck Well, Feather Cap, Milgun and Horseshoe Well, (Figure 7).

In February 2018, Auris entered a Farm-in Agreement with Sandfire in relation to the Morck Well and Doolgunna Projects which covers ~430km² (the Morck Well JV). During September 2019, Auris entered into a Farm-in with Sandfire in relation to the Cashman Project tenements, E51/1053 and E51/1120, (the Cashman JV). On 4 February 2020 Auris and Northern Star Resources Limited (NST) entered into a Farm-in with Sandfire in relation to the Cheroona Project tenements, E51/1391, E51/1837 and E51/1838, (the Cheroona JV). Sandfire has the right to earn a 70% interest in each of above projects upon completion of a Feasibility Study on a discovery of not less than 50,000t contained copper (or metal equivalent) on the project. Auris manages exploration on all other tenements, including those that are subject to arrangements with third parties.

In September 2020, Auris entered a binding agreement to acquire Sandfire’s interest in the Sams Creek Gold Project in New Zealand, (Figure 8), held through its wholly owned subsidiary Sams Creek Gold Limited (SCGL). The Sams Creek Gold Project is located in the northwest of the South Island of New Zealand and comprises two exploration permits, EP 40 338 (currently held joint venture with OceanaGold Corporation (ASX: OGC) (20%) and SCGL (80%)) and EP 54 454 (SCGL 100%), (refer ASX Announcement dated 30 September 2020).

==> picture [403 x 293] intentionally omitted <==

Figure 7: Auris' copper-gold exploration tenement portfolio, with Sandfire (SFR), Northern Star (NST), Westgold (WGX), Fe Ltd and Gateway JV areas indicated

AURIS MINERALS LTD ABN 77 085 806 284

SAMS CREEK GOLD PROJECT DIAMOND DRILLING UPDATE

22 FEBRUARY 2021 P a g e | 9

Notes :

1. The Forrest Project tenements E52/1659 and E52/1671 have the following outside interests:

2. Auris 80%; Westgold Resources Ltd 20% (ASX:WGX). Westgold Resources Ltd interest is free carried until a Decision to Mine

3. Westgold Resources Ltd own the gold rights over the Auris interest.

4. The Forrest Project tenement P52/1493 have the following outside interests:

5. Westgold Resources Ltd own the gold rights over the Auris interest.

6. The Forrest Project tenements P52/1494-1496 have the following outside interests:

7. Auris 80%; Fe Ltd 20% (ASX:FEL). Fe Ltd interest is free carried until a Decision to Mine

8. The Cheroona Project tenements E51/1391, E51/1837-38 have the following outside interests:

9. Auris 70%; Northern Star Resources Ltd 30% (ASX:NST)

10. The Horseshoe Well Project tenement E52/3291 has the following outside interests:

11. Auris 85%; Gateway Projects WA Pty Ltd (formerly OMNI Projects Pty Ltd) 15% (Gateway Projects free carried until a Decision to Mine)

12. The Milgun Project tenement E52/3248 has the following outside interests:

13. Auris 85%; Gateway Projects WA Pty Ltd (formerly OMNI Projects Pty Ltd) 15% (Gateway Projects free carried until a Decision to Mine)

14. The Morck Well Project tenements E51/1033, E52/1613 and E52/1672 have the following outside interests:

15. Auris 80%; Fe Ltd 20% (ASX:FEL). Fe Ltd interest is free carried until a Decision to Mine

==> picture [374 x 48] intentionally omitted <==

==> picture [374 x 48] intentionally omitted <==

==> picture [374 x 48] intentionally omitted <==

==> picture [374 x 48] intentionally omitted <==

==> picture [374 x 48] intentionally omitted <==

==> picture [374 x 48] intentionally omitted <==

==> picture [374 x 48] intentionally omitted <==

==> picture [374 x 48] intentionally omitted <==

==> picture [374 x 46] intentionally omitted <==

Figure 8: Sams Creek Gold Project exploration permit portfolio

AURIS MINERALS LTD ABN 77 085 806 284

SAMS CREEK GOLD PROJECT DIAMOND DRILLING UPDATE

22 FEBRUARY 2021 P a g e | 10

Competent Person’s Statement

Information in this announcement that relates to exploration results is based on and fairly represents information and supporting documentation prepared and compiled by Mr Matthew Svensson, who is a Member of the Australian Institute of Geoscientists. Mr Svensson is Exploration Manager for Auris Minerals Limited. Mr Svensson has sufficient experience, which is relevant to the style of mineralisation and type of deposit under consideration, and to the activity which he is undertaking to qualify as a Competent Person, as defined in the 2012 Edition of the Australasian Code for Reporting Exploration Results, Mineral Resources and Ore Reserves. Mr Svensson consents to the inclusion in the announcement of the matters based on this information in the form and context in which it appears.

No New Information

Except where explicitly stated, this announcement contains references to prior exploration results and Mineral Resource estimates, all of which have been cross-referenced to previous market announcements made by the Company. The Company confirms that it is not aware of any new information or data that materially affects the information included in the relevant market announcements and, in the case of estimates of Mineral Resources that all material assumptions and technical parameters underpinning the results and/or estimates in the relevant market announcement continue to apply and have not materially changed.

Forward Looking Statements

This announcement has been prepared by Auris Minerals Limited. This document contains background information about Auris Minerals Limited and its related entities current at the date of this announcement. This is in summary form and does not purport to be all inclusive or complete. Recipients should conduct their own investigations and perform their own analysis in order to satisfy themselves as to the accuracy and completeness of the information, statements and opinions contained in this announcement. This announcement is for information purposes only. Neither this document nor the information contained in it constitutes an offer, invitation, solicitation or recommendation in relation to the purchase or sale of shares in any jurisdiction.

This announcement may not be distributed in any jurisdiction except in accordance with the legal requirements applicable in such jurisdiction. Recipients should inform themselves of the restrictions that apply in their own jurisdiction. A failure to do so may result in a violation of securities laws in such jurisdiction. This document does not constitute investment advice and has been prepared without taking into account the recipient’s investment objectives, financial circumstances or particular needs and the opinions and recommendations in this representation are not intended to represent recommendations of particular investments to particular investments to particular persons. Recipients should seek professional advice when deciding if an investment is appropriate. All securities transactions involve risks, which include (among others) the risk of adverse or unanticipated market, financial or political developments.

No responsibility for any errors or omissions from this document arising out of negligence or otherwise is accepted. This document does include forward-looking statements. Forward-looking statements are only predictions and are subject to risks, uncertainties and assumptions which are outside the control of Auris Minerals Limited. Actual values, results, outcomes or events may be materially different to those expressed or implied in this announcement. Given these uncertainties, recipients are cautioned not to place reliance on forward-looking statements.

Any forward-looking statements in this announcement speak only at the date of issue of this announcement. Subject to any continuing obligations under applicable law and ASX Listing Rules, Auris Minerals Limited does not undertake any obligation to update or revise any information or any of the forward-looking statements in this document or any changes in events, conditions or circumstances on which any such forward-looking statement is based.

AURIS MINERALS LTD ABN 77 085 806 284

SAMS CREEK GOLD PROJECT DIAMOND DRILLING UPDATE

22 FEBRUARY 2021 P a g e | 11

Appendix 1 – Sams Creek Drilling Assay Table

==> picture [374 x 669] intentionally omitted <==

----- Start of picture text -----

Sample Interval Original Repeat 1 Repeat 2 Duplicate
Hole Number From (m) To (m)
Number (m) Au (ppm) Au (ppm) Au (ppm) Au (ppm)
SCDDH097 SA4787 72.00 73.00 1.00 <0.01
SCDDH097 SA4788 73.00 74.00 1.00 <0.01
SCDDH097 SA4789 74.00 75.30 1.30 <0.01
SCDDH097 SA4790 75.30 76.00 0.70 0.06
SCDDH097 SA4791 76.00 77.00 1.00 0.18
SCDDH097 SA4792 77.00 78.00 1.00 0.12
SCDDH097 SA4793 78.00 79.00 1.00 0.20
SCDDH097 SA4794 79.00 80.00 1.00 0.70 0.7 0.90
SCDDH097 SA4795 80.00 81.00 1.00 0.14
SCDDH097 SA4796 81.00 82.00 1.00 0.12 0.14
SCDDH097 SA4797 82.00 82.50 0.50 0.13
SCDDH097 SA4798 82.50 83.00 0.50 <0.01
SCDDH097 SA4799 83.00 84.00 1.00 <0.01
SCDDH097 SA4800 84.00 85.00 1.00 <0.01
SCDDH097 SA4801 85.00 86.00 1.00 <0.01
SCDDH097 SA4802 86.00 87.00 1.00 <0.01
SCDDH097 SA4803 87.00 88.00 1.00 <0.01 <0.01
SCDDH097 SA4804 88.00 89.00 1.00 <0.01
SCDDH097 SA4805 89.00 90.00 1.00 <0.01
SCDDH097 SA4806 90.00 91.00 1.00 <0.01
SCDDH097 SA4807 91.00 91.50 0.50 0.32
SCDDH097 SA4808 91.50 92.00 0.50 0.77
SCDDH097 SA4809 92.00 93.00 1.00 0.99
SCDDH097 SA4810 93.00 94.00 1.00 0.96 0.89
SCDDH097 SA4811 94.00 95.00 1.00 0.89
SCDDH097 SA4812 95.00 96.00 1.00 0.21
SCDDH097 SA4813 96.00 97.00 1.00 0.26
SCDDH097 SA4814 97.00 98.00 1.00 1.06
SCDDH097 SA4816 98.00 99.00 1.00 1.16
SCDDH097 SA4817 99.00 100.00 1.00 1.09
SCDDH097 SA4818 100.00 101.00 1.00 1.13
SCDDH097 SA4819 101.00 102.00 1.00 0.11
SCDDH097 SA4820 102.00 103.00 1.00 0.68
SCDDH097 SA4821 103.00 104.00 1.00 1.74
SCDDH097 SA4823 104.00 105.00 1.00 0.29
SCDDH097 SA4824 105.00 106.00 1.00 3.54
SCDDH097 SA4825 106.00 107.00 1.00 0.29
SCDDH097 SA4826 107.00 108.00 1.00 0.41
SCDDH097 SA4827 108.00 109.00 1.00 0.77
SCDDH097 SA4828 109.00 110.00 1.00 1.65
SCDDH097 SA4829 110.00 111.00 1.00 3.17
SCDDH097 SA4830 111.00 112.00 1.00 5.31
SCDDH097 SA4831 112.00 113.00 1.00 1.56
SCDDH097 SA4832 113.00 114.00 1.00 0.35 0.35
SCDDH097 SA4833 114.00 115.00 1.00 0.68
SCDDH097 SA4834 115.00 116.00 1.00 0.30 0.39
SCDDH097 SA4835 116.00 117.00 1.00 0.51
SCDDH097 SA4836 117.00 118.00 1.00 0.23
SCDDH097 SA4838 118.00 119.00 1.00 0.36
SCDDH097 SA4839 119.00 120.00 1.00 0.98
SCDDH097 SA4840 120.00 121.00 1.00 0.13
SCDDH097 SA4841 121.00 122.00 1.00 0.44
SCDDH097 SA4842 122.00 123.00 1.00 <0.01
SCDDH097 SA4843 123.00 124.00 1.00 0.01
SCDDH097 SA4844 124.00 125.00 1.00 0.19
SCDDH097 SA4845 125.00 126.00 1.00 0.48
SCDDH097 SA4846 126.00 127.00 1.00 0.29
----- End of picture text -----

AURIS MINERALS LTD ABN 77 085 806 284

SAMS CREEK GOLD PROJECT DIAMOND DRILLING UPDATE

22 FEBRUARY 2021 P a g e | 12

==> picture [374 x 680] intentionally omitted <==

----- Start of picture text -----

Sample Interval Original Repeat 1 Repeat 2 Duplicate
Hole Number From (m) To (m)
Number (m) Au (ppm) Au (ppm) Au (ppm) Au (ppm)
SCDDH097 SA4847 127.00 128.00 1.00 0.08
SCDDH097 SA4848 128.00 129.00 1.00 0.27
SCDDH097 SA4849 129.00 130.00 1.00 0.33
SCDDH097 SA4850 130.00 131.00 1.00 0.22
SCDDH097 SA4851 131.00 132.00 1.00 1.55
SCDDH097 SA4852 132.00 133.00 1.00 1.12
SCDDH097 SA4853 133.00 134.00 1.00 0.85
SCDDH097 SA4854 134.00 135.00 1.00 0.15
SCDDH097 SA4855 135.00 136.00 1.00 0.32
SCDDH097 SA4856 136.00 137.00 1.00 0.21
SCDDH097 SA4857 137.00 138.00 1.00 0.21
SCDDH097 SA4858 138.00 139.00 1.00 0.13 0.1
SCDDH097 SA4859 139.00 140.00 1.00 <0.01
SCDDH097 SA4860 140.00 141.00 1.00 0.01
SCDDH097 SA4861 141.00 142.00 1.00 <0.01
SCDDH097 SA4862 142.00 142.95 0.95 <0.01
SCDDH097 SA4863 142.95 144.00 1.05 <0.01 0.03
SCDDH097 SA4864 144.00 145.00 1.00 0.01
SCDDH097 SA4865 145.00 146.00 1.00 <0.01
SCDDH097 SA4866 146.00 147.00 1.00 <0.01
SCDDH098 SA4871 92 93 1 <0.01
SCDDH098 SA4872 93 94 1 <0.01
SCDDH098 SA4873 94 95 1 <0.01
SCDDH098 SA4874 95 96 1 0.12
SCDDH098 SA4875 96 97 1 0.29
SCDDH098 SA4876 97 98 1 0.59
SCDDH098 SA4877 98 99 1 0.18
SCDDH098 SA4878 99 100 1 1.6 1.5
SCDDH098 SA4879 100 101 1 0.66
SCDDH098 SA4880 101 102 1 0.67
SCDDH098 SA4881 102 103 1 2.67
SCDDH098 SA4882 103 104 1 0.58
SCDDH098 SA4883 104 105 1 0.13
SCDDH098 SA4884 105 106 1 0.7
SCDDH098 SA4885 106 107 1 1.83
SCDDH098 SA4886 107 108 1 0.28
SCDDH098 SA4887 108 109 1 0.18 0.19
SCDDH098 SA4888 109 110 1 0.35
SCDDH098 SA4889 110 111 1 1.93
SCDDH098 SA4890 111 112 1 0.88
SCDDH098 SA4891 112 113 1 1.27
SCDDH098 SA4892 113 114 1 2.69
SCDDH098 SA4893 114 115 1 1.27
SCDDH098 SA4894 115 116 1 1.74
SCDDH098 SA4895 116 117 1 0.38
SCDDH098 SA4896 117 118 1 2.16 1.94
SCDDH098 SA4897 118 119 1 1
SCDDH098 SA4898 119 120 1 1.9
SCDDH098 SA4900 120 121 1 0.87
SCDDH098 SA4902 121 122 1 0.17
SCDDH098 SA4903 122 123 1 0.46
SCDDH098 SA4904 123 124 1 0.49
SCDDH098 SA4905 124 125 1 0.12
SCDDH098 SA4906 125 126 1 0.19
SCDDH098 SA4907 126 127 1 0.27
SCDDH098 SA4908 127 128 1 1.79
SCDDH098 SA4909 128 129 1 0.23
SCDDH098 SA4910 129 130 1 0.57
----- End of picture text -----

AURIS MINERALS LTD ABN 77 085 806 284

SAMS CREEK GOLD PROJECT DIAMOND DRILLING UPDATE

22 FEBRUARY 2021 P a g e | 13

==> picture [374 x 680] intentionally omitted <==

----- Start of picture text -----

Sample Interval Original Repeat 1 Repeat 2 Duplicate
Hole Number From (m) To (m)
Number (m) Au (ppm) Au (ppm) Au (ppm) Au (ppm)
SCDDH098 SA4911 130 131 1 2.3
SCDDH098 SA4912 131 132 1 1.12
SCDDH098 SA4913 132 133 1 0.05
SCDDH098 SA4914 133 134 1 0.69
SCDDH098 SA4915 134 135 1 0.47
SCDDH098 SA4916 135 136 1 0.1
SCDDH098 SA4917 136 137 1 0.15
SCDDH098 SA4918 137 138 1 5.46 4.86 4.86
SCDDH098 SA4919 138 139 1 0.07
SCDDH098 SA4920 139 140 1 1.44
SCDDH098 SA4921 140 141 1 0.11
SCDDH098 SA4923 141 142 1 0.17
SCDDH098 SA4924 142 143 1 0.16
SCDDH098 SA4925 143 144 1 0.25
SCDDH098 SA4926 144 145 1 0.34 0.61 0.44
SCDDH098 SA4927 145 146 1 0.72
SCDDH098 SA4928 146 147 1 0.13
SCDDH098 SA4929 147 148 1 0.01
SCDDH098 SA4930 148 149 1 <0.01
SCDDH098 SA4931 149 150 1 <0.01 <0.01
SCDDH099 SA4933 100 101 1 <0.01
SCDDH099 SA4934 101 102 1 <0.01
SCDDH099 SA4935 102 103.1 1.1 0.04
SCDDH099 SA4936 103.1 104 0.9 0.06
SCDDH099 SA4937 104 105 1 0.27
SCDDH099 SA4938 105 106 1 0.07
SCDDH099 SA4939 106 107 1 0.83
SCDDH099 SA4940 107 108 1 3.88 3.76 2.97 3.23
SCDDH099 SA4941 108 109 1 3.02
SCDDH099 SA4942 109 110 1 0.12
SCDDH099 SA4943 110 111 1 0.05
SCDDH099 SA4944 111 112 1 0.09
SCDDH099 SA4945 112 113 1 0.33
SCDDH099 SA4946 113 114 1 0.4
SCDDH099 SA4947 114 115 1 0.78
SCDDH099 SA4948 115 116 1 0.55
SCDDH099 SA4949 116 117 1 0.35
SCDDH099 SA4950 117 118 1 0.84
SCDDH099 SA4951 118 119 1 0.33
SCDDH099 SA4952 119 120 1 0.13
SCDDH099 SA4953 120 121 1 0.25
SCDDH099 SA4954 121 122 1 0.17
SCDDH099 SA4955 122 123 1 1.07
SCDDH099 SA4956 123 124 1 0.28
SCDDH099 SA4957 124 125 1 0.79
SCDDH099 SA4958 125 126 1 0.54
SCDDH099 SA4959 126 127 1 0.66
SCDDH099 SA4960 127 128 1 0.05
SCDDH099 SA4961 128 129 1 0.03
SCDDH099 SA4962 129 130 1 0.12
SCDDH099 SA4963 130 131 1 0.04
SCDDH099 SA4964 131 132 1 0.06
SCDDH099 SA4965 132 133 1 0.07
SCDDH099 SA4966 133 134 1 0.29
SCDDH099 SA4968 134 135 1 0.48
SCDDH099 SA4970 135 136 1 0.59
SCDDH099 SA4971 136 137 1 0.49
SCDDH099 SA4972 137 138 1 0.49
----- End of picture text -----

AURIS MINERALS LTD ABN 77 085 806 284

SAMS CREEK GOLD PROJECT DIAMOND DRILLING UPDATE

22 FEBRUARY 2021 P a g e | 14

==> picture [374 x 635] intentionally omitted <==

----- Start of picture text -----

Sample Interval Original Repeat 1 Repeat 2 Duplicate
Hole Number From (m) To (m)
Number (m) Au (ppm) Au (ppm) Au (ppm) Au (ppm)
SCDDH099 SA4973 138 139 1 1.27 1.26
SCDDH099 SA4974 139 140 1 0.42
SCDDH099 SA4975 140 141 1 0.26
SCDDH099 SA4976 141 142 1 0.89
SCDDH099 SA4977 142 143 1 0.18 0.16 0.15 0.25
SCDDH099 SA4978 143 144 1 0.33
SCDDH099 SA4979 144 145 1 0.62
SCDDH099 SA4980 145 146 1 1.62
SCDDH099 SA4981 146 147 1 0.88
SCDDH099 SA4982 147 148 1 0.4
SCDDH099 SA4983 148 149 1 0.11
SCDDH099 SA4984 149 150 1 0.11
SCDDH099 SA4985 150 151 1 3.48
SCDDH099 SA4986 151 152 1 0.93
SCDDH099 SA4987 152 153 1 0.67
SCDDH099 SA4988 153 154 1 0.08
SCDDH099 SA4989 154 155 1 1.32
SCDDH099 SA4990 155 156 1 0.14
SCDDH099 SA4991 156 157 1 0.18
SCDDH099 SA4992 157 158 1 1.18
SCDDH099 SA4993 158 159 1 1.07
SCDDH099 SA4994 159 160 1 0.78
SCDDH099 SA4995 160 161 1 0.12
SCDDH099 SA4996 161 162 1 0.17
SCDDH099 SA4997 162 163 1 0.64 0.64 0.62
SCDDH099 SA4998 163 164 1 0.04
SCDDH099 SA4999 164 165 1 0.43
SCDDH099 SA5000 165 166 1 0.04
SCDDH099 SA5751 166 167 1 0.37
SCDDH099 SA5752 167 168 1 0.06
SCDDH099 SA5753 168 169 1 1.09
SCDDH099 SA5754 169 170 1 0.16
SCDDH099 SA5756 170 171 1 0.06
SCDDH099 SA5757 171 172 1 0.58
SCDDH099 SA5758 172 173 1 0.24
SCDDH099 SA5759 173 174 1 0.42
SCDDH099 SA5760 174 175 1 2.64
SCDDH099 SA5761 175 176 1 0.07
SCDDH099 SA5762 176 177 1 0.39
SCDDH099 SA5763 177 178 1 1.42
SCDDH099 SA5764 178 179 1 0.22
SCDDH099 SA5765 179 180 1 0.82
SCDDH099 SA5766 180 181 1 0.83
SCDDH099 SA5767 181 182 1 0.06
SCDDH099 SA5768 182 183 1 0.47
SCDDH099 SA5769 183 184 1 0.01 0.03
SCDDH099 SA5770 184 185 1 <0.01 <0.01
SCDDH099 SA5771 185 186 1 0.03
SCDDH099 SA5772 186 187 1 0.07
SCDDH099 SA5773 187 188.4 1.4 0.02
SCDDH099 SA5774 188.4 189 0.6 <0.01
SCDDH099 SA5775 189 190 1 <0.01
SCDDH099 SA5776 190 191 1 <0.01
SCDDH099 SA5777 191 192 1 <0.01
----- End of picture text -----

AURIS MINERALS LTD ABN 77 085 806 284

SAMS CREEK GOLD PROJECT DIAMOND DRILLING UPDATE

22 FEBRUARY 2021 P a g e | 15

JORC Code, 2012 Edition, Table 1

Section 1 Sampling Techniques and Data

Criteria	JORC Code explanation	Commentary
Sampling techniques	 Nature and quality of sampling (eg cut channels, random chips, or specific specialised industry standard measurement tools appropriate to the minerals under investigation, such as down hole gamma sondes, or handheld XRF instruments, etc). These examples should not be taken as limiting the broad meaning of sampling.  Include reference to measures taken to ensure sample representivity and the appropriate calibration of any measurement tools or systems used.  Aspects of the determination of mineralisation that are Material to the Public Report. In cases where ‘industry standard’ work has been done this would be relatively simple (eg ‘reverse circulation drilling was used to obtain 1 m samples from which 3 kg was pulverised to produce a 30 g charge for fire assay’). In other cases more explanation may be required, such as where there is coarse gold that has inherent sampling problems. Unusual commodities or mineralisation types (eg submarine nodules) may warrant disclosure of detailed information.	 Diamond core (DC) drilling was used to obtain samples for geological logging, UCS and assaying. Downhole geophysical logging wasn't undertaken.  DC drilling was used to obtain core samples. For sampling, these were split in half, using a core saw, at 1 m intervals unless detenmined by lithology e.g. dyke contact areas. Sample length ranged from 0.2 m to 2.9 m. The core sampling included at least 5 m into the hanging wall and footwall.  The core samples were pulverised to >95% passing 75 µm to produce a 30 g charge for fire assay for Au. Various multi-element analyses were also undertaken from the DC with at least As, Ag and S analysed.
Drilling techniques	 Drill type (eg core, reverse circulation, open- hole hammer, rotary air blast, auger, Bangka, sonic, etc) and details (eg core diameter, triple or standard tube, depth of diamond tails, face- sampling bit or other type, whether core is oriented and if so, by what method, etc).	 Drilling diameters comprised PQ (96 mm) to 39.2m followed by HQ (63 mm) to 171.3m, both were triple tubed. N  All suitable drill core has been orientated.
Drill sample recovery	 Method of recording and assessing core and chip sample recoveries and results assessed.  Measures taken to maximise sample recovery and ensure representative nature of the samples.  Whether a relationship exists between sample recovery and grade and whether sample bias may have occurred due to preferential loss/gain of fine/coarse material.	 Sample recovery was recorded by measuring the length of recovered core and comparing this with the drilled interval.  The core recovery for the Main Zone, historically, is approximately 96.6%. There is also increased core loss in brittle high-grade zones, but these appear to have no material impact on the analytical results.
Logging	 Whether core and chip samples have been geologically and geotechnically logged to a level of detail to support appropriate Mineral Resource estimation, mining studies and metallurgical studies.  Whether logging is qualitative or quantitative in nature. Core (or costean, channel, etc) photography.  The total length and percentage of the relevant intersections logged.	 All drilling has been logged for lithology, weathering, bedding, structure, alteration, mineralisation and colour using a standard set of in-house logging codes. The logging method is quantitative.  Deeper interval have been logged for magnetic susceptibility (MS) using hand- held MS meters.  Mineralised zones were logged for type, intensities both in vein number and percentage, angle to long core axis and mineralogy.  Summary geotechnical information was recorded. All core trays were photographed prior to core being sampled.  The geological model is supported by visual grade trends and variography (preferred axes of continuity)and is the basis for

AURIS MINERALS LTD ABN 77 085 806 284

SAMS CREEK GOLD PROJECT DIAMOND DRILLING UPDATE

22 FEBRUARY 2021 P a g e | 16

==> picture [427 x 681] intentionally omitted <==

----- Start of picture text -----

Criteria JORC Code explanation Commentary
geostatistical domaining. The geological
logging and assays have been used to
develop the geological interpretation.
Sub-sampling  If core, whether cut or sawn and whether  DC sample intervals were physically marked
techniques quarter, half or all core taken. on the core, which was sawn in half
and sample lengthways with a diamond core-cutting
 If non-core, whether riffled, tube sampled,
preparation saw. The resulting half core was taken for
rotary split, etc and whether sampled wet or
the laboratory sample and the remaining
dry. core was archived.
 For all sample types, the nature, quality and  The field duplicates, laboratory duplicates
appropriateness of the sample preparation
and laboratory repeats were assayed and
technique.
laboratory duplicates and repeats were
 Quality control procedures adopted for all sub-
found acceptable in comparison with
sampling stages to maximise representivity of regular laboratory samples, with no major
samples. issues identified.
 Measures taken to ensure that the sampling is  Field duplicates are routinely submitted as
representative of the in situ material collected, half core. Field duplicates were originally DC
including for instance results for field quarter cuts. This practice caused and issue
duplicate/second-half sampling. with repeatability due to the smaller sample
 Whether sample sizes are appropriate to the size and vein orientation. To address this
grain size of the material being sampled. issue, the remaining quarter core was
sampled and the results for the two quarter
cuts were average for comparison with the
routine sample.
 The laboratory sample sizes, typically 2 kg to
3 kg for DC samples, are considered
appropriate to the grain and particle sizes
for representative sampling in respect of
fundamental sampling error considerations
Quality of  The nature, quality and appropriateness of the  DC samples were sent to SGS Waihi, New
assay data assaying and laboratory procedures used and Zealand, where they were assayed by 30g
and whether the technique is considered partial or fire assay.
laboratory total.  Multi-elements were undertaken by ALS
tests  For geophysical tools, spectrometers, Townsville where a 48-element suite was
handheld XRF instruments, etc, the determined via ICP-MS. ALS has a full QAQC
parameters used in determining the analysis program.
including instrument make and model, reading  SGS laboratories carry a full QAQC program
times, calibrations factors applied and their and are ISO 19011 certified. Sample
derivation, etc. preparation of geological samples by SGS
 Nature of quality control procedures adopted comprises of drying, crushing, splitting (if
(eg standards, blanks, duplicates, external required) and pulverising to obtain an
laboratory checks) and whether acceptable analytical sample of 250 g with >95% passing
levels of accuracy (ie lack of bias) and precision 75 µm.
have been established.  No independent laboratory inspections
were carried out during these phases of
drilling, sampling and analysis.
 Certified Rock Laboratories Standards were
submitted with every batch. Blanks, core
duplicates, laboratory duplicates and
laboratory repeats were used and recorded.
 The accuracy and precision for all the QAQC
results are considered acceptable.
Verification of  The verification of significant intersections by  Mineralisation intersection data was
sampling and either independent or alternative company inspected and verified independently by the
assaying personnel. project manager. The project manager and
 The use of twinned holes. visited the deposit on average weekly in
 Documentation of primary data, data entry support of the exploration program.
procedures, data verification, data storage  All laboratory assay results were received
(physical and electronic) protocols. and stored in both CSV and laboratory
 Discuss any adjustment to assay data. signed PDF formats.
 Data is stored in Microsoft Excel and Vulcan.
 Data storage system protocols are basic but
robust.
 Quarter core cuts are added together to get
the same sample weights per sample
----- End of picture text -----

AURIS MINERALS LTD ABN 77 085 806 284

SAMS CREEK GOLD PROJECT DIAMOND DRILLING UPDATE

22 FEBRUARY 2021 P a g e | 17

==> picture [427 x 582] intentionally omitted <==

----- Start of picture text -----

Criteria JORC Code explanation Commentary
interval.
Location of  Accuracy and quality of surveys used to locate  All drilling has been surveyed to New
data points drill holes (collar and down-hole surveys), Zealand Transverse Mercator 2000 (NZTM)
trenches, mine workings and other locations by GPS methods. On completion of drilling
used in Mineral Resource estimation. will be surveyed by DGPS to 0.1m accuracy.
 Specification of the grid system used.  A digital terrain model (DTM) was
 Quality and adequacy of topographic control. constructed based on topographic mapping
using LiDAR that was performed by NZ Aerial
surveys in 2011. The drill hole collar
elevations were reconciled with the DTM
elevations at the collar coordinates for each
drill hole.
Data spacing  Data spacing for reporting of Exploration  Drilling in the Main Zone and Bobby Dazzler
and Results. has mostly been conducted on average 75 m
distribution  Whether the data spacing and distribution is spacing with ranges between 50 m to 150 m.
sufficient to establish the degree of geological The drill spacing was suggested by drill hole
and grade continuity appropriate for the density analysis (Golder, 2012) down to
Mineral Resource and Ore Reserve estimation the50 m RL in the Main Zone which is
procedure(s) and classifications applied. deemed reasonable for an open pit mining
 Whether sample compositing has been methodology.
applied.  Drilling directions and distances are variable
because of the terrain, orientation of the
target dyke and the orientation of the
mineralisation within the dyke. Multiple
drilling orientations have been fanned off
single drill pads to make most of pad sites
due to access agreement restrictions and
the steep and challenging terrain.
 The Carapace, with a much flatter terrain
was drilled on 50 m spacing with vertical
holes.
 Sample compositing was to 1 m which is the
dominant sample length.
Orientation of  Whether the orientation of sampling achieves  Most drill holes intercept at a low angle to the
data in unbiased sampling of possible structures and host porphyry and therefore drill down the
relation to the extent to which this is known, considering porphyry (drilled northward) but at a higher
geological the deposit type. angle to the general orientation of the
structure  If the relationship between the drilling mineralisation. These holes appear to be
orientation and the orientation of key more optimal to delineate grade and possible
mineralised structures is considered to have grade domains. However, with often poorly
introduced a sampling bias, this should be intact porphyry contacts recovered in their
assessed and reported if material. core, these holes are sub-optimal for
delineating the geometry of the porphyry.
 This relationship between drill hole
orientation and expected benefits has been
taken into consideration during drill hole
design and implementation.
Sample  The measures taken to ensure sample security.  Drill samples were securely packaged on site
security and transported to the Laboratories by a
courier with "chain of custody''
documentation.
Audits or  The results of any audits or reviews of  Golder AU previously carried out an
reviews sampling techniques and data. independent review of the sampling
techniques and data. The results were
satisfactory.
----- End of picture text -----

AURIS MINERALS LTD ABN 77 085 806 284

SAMS CREEK GOLD PROJECT DIAMOND DRILLING UPDATE

22 FEBRUARY 2021 P a g e | 18

Section 2 Reporting of Exploration Results

==> picture [427 x 661] intentionally omitted <==

----- Start of picture text -----

Criteria JORC Code explanation Commentary
Mineral  Type, reference name/number, location and  Sams Creek is situated mostly in the
tenement and ownership including agreements or material Northwest Nelson Conservation Park which
land tenure issues with third parties such as joint ventures, lies on the eastern edge of the Kahurangi
National Park in northwest Nelson area.
status partnerships, overriding royalties, native title  The Exploration Permit EP40338 expires on
interests, historical sites, wilderness or the 26 March 2021 and is subject to a joint
national park and environmental settings. venture with Oceanagold Corporation with
 The security of the tenure held at the time of Sandfire owning 80%.
reporting along with any known impediments  The eastern neighbouring permit EP54454
expires on the 25 September 2022. This
to obtaining a license to operate in the area.
covers the eastern areas of the Sams Creek
Dyke over Barron's Flat into the Waitui
catchment. Sandfire is the sole permit
holder of EP 54454.
 The Crown royalty is not currently applicable
to the Sams Creek Project but would
become applicable for any gold or silver
production once the Sams Creek permits are
converted to mining permits.
 The Sams Creek permit is also subject to an
agreement between Royalco Resources
Limited (Royalco) and OGC. Under this
agreement, a royalty of 1% gold produced is
deliverable by OGC to Royalco.
Exploration  Acknowledgment and appraisal of exploration  All exploration results in drill holes up to
done by other by other parties. SCDDH056 in this resource estimation were
produced by CRAE (1980-1987) and OGC
parties
(1996-2005).
Geology  Deposit type, geological setting and style of  Sams Creek mineralisation is contained
mineralisation. within a hydrothermally altered peralkaline
granite porphyry dyke that intrudes Early
Paleozoic metasediments. The dyke is up to
60 m thick and can be traced east-west
along strike for over 7 km. The dyke
generally dips steeply to the north (-60°)
with gold mineralisation extending down dip
for at least 1 km and is open at depth. The
geological and geochemical characteristics
of the Sams Creek granite dyke indicate it is
a member of the intrusion-related gold
deposits (IRGD).
 Gold mineralisation is largely contained
within thin (1-15 mm) sheeted quartz-
sulfide veins that crosscut the dyke which
strike to the NE and dip predominantly to
the SE at around 50°.
 The Sams Creek dyke was deformed by a 03
event which resulted in gentle upright F3
folds plunging to the NE-ENE. A model is
proposed whereby gold-bearing sulfide
veins formed along F3 fold hinges and
parallel boudin necks of extending fold
limbs, perpendicular to the maximum
shortening direction. The higher
concentrations of veining in these two areas,
results in NE plunging mineralised shoots up
to 35 m wide and 100 m high separated by
narrower zones of lower grade gold
mineralisation.
Drill hole  A summary of all information material to the  All previous exploration results have
information under-standing of the exploration results previously been communicated. Drill results
received by Oceanagold Corporation and
----- End of picture text -----

AURIS MINERALS LTD ABN 77 085 806 284

SAMS CREEK GOLD PROJECT DIAMOND DRILLING UPDATE

22 FEBRUARY 2021 P a g e | 19

==> picture [427 x 680] intentionally omitted <==

----- Start of picture text -----

Criteria JORC Code explanation Commentary
including a tabulation of the following MOD Resources used within the mineral
information for all Material drill holes: resource have been previously reported
 easting and northing of the drill hole collar during -2011 and 2012-2019 respectively.
 Collar coordinates for all completed drilling
 elevation or RL (Reduced Level – elevation are included.
above sea level in metres) of the drill hole
collar
 dip and azimuth of the hole
 down hole length and interception depth
 hole length
 If the exclusion of this information is justified on
the basis that the information is not Material
and this exclusion does not detract from the
understanding of the report, the Competent
Person should clearly explain why this is the
case.
Data  In reporting Exploration Results, weighting  The core is generally samples at 1 metre
aggregation averaging techniques, maximum and/or intervals but slightly shorter or longer
methods minimum grade truncations (e.g. cutting of samples may be taken around geological
high grades) and cut-off grades are usually contacts. For reporting of drill hole intercepts
Material and should be stated. weighted average estimates are used based
 Where aggregate intercepts incorporate short on a 0.5 g/t Au cut-off. No top cuts are
lengths of high grade results and longer applied.
lengths of low grade results, the procedure  In the calculation of significant intervals, no
used for such aggregation should be stated more than two metres of internal
and some typical examples of such consecutive dilution (<0.5g/t Au) was
aggregations should be shown in detail. included and only intercepts greater than
 The assumptions used for any reporting of 1.0g/t Au reported.
metal equivalent values should be clearly  Metal equivalents are not used or reported.
stated.
Relationship  These relationships are particularly important  All drill hole results are report as downhole
between in the reporting of Exploration Results. intercepts.
mineralisation  If the geometry of the mineralisation with  The drill holes have been drilled orthogonal
widths and respect to the drill hole angle is known, its to the host lithology -the Sams Creek Dyke.
intercept nature should be reported. Mineralisation within the dyke in either
lengths  If it is not known and only the down hole lengths contained in thin sulphide veins, breccia's or
are reported, there should be a clear statement disseminated within the dyke. The sulphide
to this effect (e.g. ‘down hole length, true width veins generally dip moderately (55°) to the SE
not known’). so are intersected by the drill hole at a
moderate angle (i.e. 45°).
 Subsequently, the downhole intercept length
represents a close approximation of the true
width of the mineralisation.
Diagrams  Appropriate maps and sections (with scales)  Relevant diagrams have been included
and tabulations of intercepts should be within the main body of the announcement.
included for any significant discovery being
reported. These should include, but not be
limited to a plan view of drill hole collar
locations and appropriate sectional views.
Balanced  Accuracy and quality of surveys used to locate  Downhole surveys were completed on the
Reporting drill holes (collar and down-hole surveys), drilling.
trenches, mine workings and other locations
used in Mineral Resource estimation.
 Where comprehensive reporting of all
Exploration Results is not practicable,
representative reporting of both low and high
----- End of picture text -----

AURIS MINERALS LTD ABN 77 085 806 284

SAMS CREEK GOLD PROJECT DIAMOND DRILLING UPDATE

22 FEBRUARY 2021 P a g e | 20

Criteria	JORC Code explanation	Commentary
	grades and/or widths should be practiced to avoid misleading reporting of Exploration Results.
Other substantive exploration data	 Other exploration data, if meaningful and material, should be reported including (but not limited to): geological observations; geophysical survey results; geochemical survey results; bulk samples - size and method of treatment; metallurgical test results; bulk density, groundwater, geotechnical and rock characteristics; potential deleterious or contaminating substances.	 No other exploration data reported.
Further work	 The nature and scale of planned further work (e.g. tests for lateral extensions or depth extensions or large- scale step-out drilling).  Diagrams clearly highlighting the areas of possible extensions, including the main geological interpretations and future drilling areas, provided this information is not commercially sensitive.	 Update JORC Resource Estimate  Conceptual Mining Study

AURIS MINERALS LTD ABN 77 085 806 284