AURIS MINERALS LIMITED — M&A Activity 2012

Mar 8, 2012

ASX ANNOUNCEMENT

9 March 2012

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$35M FORTNUM GOLD ACQUISITION SETTLED

RESOURCE AND INVESTMENT NL (ASX: RNI) (RNI or the Company) is pleased to announce that the Company has completed the acquisition of Grosvenor Gold Pty Ltd, owner of the Fortnum Gold Project and highly-prospective 1,791km[2] tenement package in Western Australia’s Bryah-Padbury Basin.

As announced to the ASX on 9 January 2012, RNI agreed to acquire Grosvenor Gold from BlueCrest Mercantile Master Fund Ltd for $35 million in cash and RNI securities.

The assets being acquired by RNI include the 1Mtpa Fortnum gold processing plant, a 1.2 million ounce JORC compliant resource base, a +100 person accommodation village and a 1,791km[2] tenement package.

For further information, contact:

MILES KENNEDY – CHAIRMAN RESOURCE AND INVESTMENT NL Tel: +61-8 9489 9200

Competent Person’s Statement

The information in this ASX release that relates to Exploration Results and Mineral Resources is based on information compiled by Mr Albert Thamm, who is a Fellow and Chartered Professional of the Australasian Institute of Mining and Metallurgy. Mr Thamm is a Director of Resource and Investment NL and has sufficient experience which is relevant to the style of mineralisation and types of deposit under consideration and to the activities undertaken to qualify as a Competent Person as defined in the 2004 Edition of the Australasian Code of Reporting of Mineral Resources and Ore Reserves. Mr Thamm consents to the inclusion in this release of the matters based on information in the form and context in which it appears.

RESOURCE AND INVESTMENT NL ABN 77 085 806 284 34 Bagot Road Subiaco Western Australia 6008 PO Box 298 West Perth WA 6872 T +61 8 9489 9200 F +61 8 9489 9201 E general@rninl.com.au W rninl.com.au