AURUM RESOURCES LIMITED — Management Reports 2024

Dec 1, 2024

==> picture [150 x 73] intentionally omitted <==

2 December 2024

Testwork demonstrates gold recoveries in excess of 95% from the Boundiali

Gold Project

Aurum Resources Limited (ASX: AUE) (Aurum) is pleased to report highly encouraging results from scoping study level metallurgical testwork completed on diamond drill core from BD Target 1 and 2 prospects on the BD Tenement, part of its 1,037km[2] Boundiali Gold Project in Côte d'Ivoire, West Africa.

Highlights

• Independent metallurgical testwork on diamond core samples from oxide, transi�onal and fresh material from BD Target 1 & Target 2 prospects on the Boundiali BD tenement demonstrates poten�al for high gold recoveries at a rela�ve coarse grind size (P80 of 106µm):

• Easy to crush : Ore is likely suitable for a single-stage SAG mill circuit

• Gravity gold recovery : Gold can be recovered using gravity methods (29.3% - 56.0%)

• Rela�ve fast leaching kine�cs : Leaching can generally be achieved in 24 hours or less

• High overall gold recoveries : Overall gold recoveries (gravity + leaching) are excellent (9599% at 106 µm)

• Standard free milling process circuit suitable : A typical gravity concentra�on and Carbonin-Leach (CIL) circuit should be effec�ve for processing this ore.

• Aurum has six self-owned diamond rigs at Boundiali Gold Project and will complete more than 50,000m in CY2024, with up to ~10,000m drilling capacity per month

• Inaugural Mineral Resource Es�mate for Boundiali Gold Project targeted for late CY2024

• Aurum’s takeover of Mako Gold (ASX: MXG)[1] declared uncondi�onal – merger to achieve greater scale and market presence, with a stronger pla�orm for future growth and success

• Aurum is well-funded for con�nued aggressive explora�on with >$19M at 30 Sept 2024 .

Aurum’s Managing Director Dr. Caigen Wang said: “This scoping study level testwork has reported very promising results, demonstra�ng the poten�al for a standard free-milling gravity and CIL circuit following a single-stage crushing and SAG milling (SSAG).

The BD gold mineralisa�on looks to have a moderate to high propor�on of gravity-recoverable gold for all domains and ore characteris�cs that favour a coarse primary grind size P80 of 106µm with leaching of about 24 hours for total gold recovery including gravity and leaching of between 95-99%.

We s�ll have some more leach and gravity testwork underway and we will require further variability samples will also be required to firm up these excellent results.

“Our six rigs con�nue to systema�cally ramping up drilling as we work to unlock the full poten�al of Boundiali. We're well-funded, allowing us to build on these encouraging results. We're targe�ng an inaugural JORC resource for Boundiali by late 2024 .”

1 The full terms of the bid are set out in the Bidder Statement lodged with ASX and ASIC on 30 October 2024 (declared unconditional on 22 November 2024)

AURUM RESOURCES LIMITED | ACN 17 650 477 286 | +61 8 6559 1792 Suite 11, 23 Railway Road, SUBIACO, PERTH, WA 6008 | www.aurumres.com.au

1

==> picture [150 x 73] intentionally omitted <==

INTRODUCTION

Aurum engaged MACA Interquip Mintrex (MIQM) to manage a scoping study metallurgical testwork program for its Boundiali Gold Project overseen by ALS in Perth, Western Australia.

This report provides a summary and analysis of the results of the scoping level comminu�on and gravity/cyanida�on leach testwork program.

Samples (diamond drill hole sec�ons) supplied to ALS Perth were divided into seven composites. Table 1 shows the forma�on of each composite with details on drill hole iden�fica�on, oxida�on state, prospect and received sample mass.

==> picture [425 x 212] intentionally omitted <==

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

Oxida�on Metallurgical Drill Total Sample
Sample ID Prospect
state Hole ID Mass (kg)
DSDD0011
METDS001 Fresh BDT1 44.6
DSDD0012
DSDD0038 BDT2
METDS002 Fresh 33.2
DSDD0050 BDT1
DSDD0004
METDS003 Oxide BDT1 14.9
DSDD0010
DSDD0028 BDT2
METDS004 Fresh 43.9
DSDD0051 BDT1
DSDD0029
BDT2
METDS005 Oxide DSDD0034 26.7
DSDD0038
DSDD0003 BDT1
METDS006 Transi�onal 44.7
DSDD0074
METDS007 Transi�onal DSDD0007 BDT1 28.1
----- End of picture text -----

AURUM RESOURCES LIMITED | ACN 17 650 477 286 | +61 8 6559 1792 Suite 11, 23 Railway Road, SUBIACO, PERTH, WA 6008 | www.aurumres.com.au

2

==> picture [150 x 73] intentionally omitted <==

COMMINUTION TESTWORK

abrasiveness and breakage proper�es in order to provide input for comminu�on circuit selec�on and modelling before further study work. The intended testwork program included Bond abrasion index (Ai), ball mill work index (BWi), crushing work index (CWi), and SMC tests.

Bond Crushing Work Index

Five of the composites were subjected to Bond crushing work index tes�ng. Up to 20 pieces of -76mm, +51mm material was selected for each test. The results are shown in Table 2 .

Table 2: Bond Crushing Work Index Results

==> picture [381 x 125] intentionally omitted <==

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

Sample ID CWi (kWh/t) Density (kg/m3)
METDS001 7.86 2,620
METDS002 10.5 2,670
METDS004 9.07 2,630
METDS006 5.12 2,600
METDS007 7.99 2,760
----- End of picture text -----

hardness with respect to the crushability of each ore type.

Bond Work Index – Abrasion (Ai)

The Bond Abrasion Index (Ai) is a measure of the abrasiveness of an ore. Each composite is tumbled in a mill fi�ed with a paddle of known weight. A�er the process is finished, the mass of the paddle is weighed again, and the percentage wear of the paddle is the Ai. Ai is used to determine the wear rates of liners and grinding media consump�on. Five kilograms of each composite between -19mm, +12.5mm was set aside for tes�ng. Table 3 depicts the Ai for each composite.

Table 3: Bond Abrasion Index Results

==> picture [376 x 120] intentionally omitted <==

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

Sample ID Ai
METDS001 0.334
METDS002 0.359
METDS004 0.363
METDS006 0.217
METDS007 0.041
----- End of picture text -----

The Ai values for composites METDS001, METDS002 and METDS004 are deemed to be moderately abrasive when compared to ores of similar types. Composites METDS006 and METDS007 possess low abrasiveness.

AURUM RESOURCES LIMITED | ACN 17 650 477 286 | +61 8 6559 1792 Suite 11, 23 Railway Road, SUBIACO, PERTH, WA 6008 | www.aurumres.com.au 3

==> picture [150 x 73] intentionally omitted <==

Bond Work Index – Ball Mill (BWi)

size. Each composite was crushed to a P100 of 3.35mm and ten kilograms set aside for BWI tes�ng. Table 4 shows the BWi for each composite to a closing sieve size of 106µm.

Table 4: Bond Ball Work Index

==> picture [461 x 161] intentionally omitted <==

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

Closing Screen Size
Sample ID F80 (µm) P80 (µm) BWi (kWh/t)
(µm)
METDS001 106 2,837 83 17.5
METDS002 106 2,804 82 18.6
METDS004 106 2,700 83 18.4
METDS005 106 364 50 10.5
METDS006 106 2,705 82 14.9
METDS007 106 2,706 78 14.1
----- End of picture text -----

The BWi of the ore indicates that it is of medium to moderate hardness.

SMC Testwork

The SMC suite of testwork is intended to provide parameters for use in comminu�on modelling. The following defini�ons are a guide to the results presented in

AURUM RESOURCES LIMITED | ACN 17 650 477 286 | +61 8 6559 1792 Suite 11, 23 Railway Road, SUBIACO, PERTH, WA 6008 | www.aurumres.com.au

4

==> picture [150 x 73] intentionally omitted <==

Table 5 .

• A is the resistance of breaking larger par�cles.

• b is the resistance of breaking smaller par�cles.

• comminu�on.

• ta is a measure of resistance to abrasion grinding.

As described in the JKTech SMC report for these composites, Mia is the work index for the grinding of coarser par�cles (> 750 µm) in tumbling mills such as autogenous (AG), semi- autogenous (SAG), rod and ball mills. Mih is the work index for the grinding in High Pressure Grinding Rolls (HPGR) and Mic for size reduc�on in conven�onal crushers. Along with the DWi values, these are required for comminu�on circuit modelling during subsequent studies. One hundred par�cles at -31.5mm, + 26.5mm were selected for tes�ng for each composite.

AURUM RESOURCES LIMITED | ACN 17 650 477 286 | +61 8 6559 1792 Suite 11, 23 Railway Road, SUBIACO, PERTH, WA 6008 | www.aurumres.com.au

5

==> picture [150 x 73] intentionally omitted <==

Table 5: SMC Results

==> picture [481 x 150] intentionally omitted <==

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

SMC
DWi DWi Mia Mic Mih
Sample Info A b A x b (kWh/m3) (%) ta (kWh/t) (kWh/t) (kWh/t) SCSE SG
METDS001 83.8 0.37 31.0 8.67 75 0.30 23.9 9.6 18.6 11.1 2.70
METDS002 81.3 0.39 31.7 8.53 74 0.30 23.4 9.4 18.1 11.1 2.73
METDS004 76.4 0.45 34.4 7.85 66 0.33 22.1 8.7 16.9 10.6 2.70
METDS006 71.3 0.74 52.8 4.90 28 0.53 15.8 5.7 11.0 8.62 2.58
METDS007 74.1 0.56 41.5 6.81 52 0.38 18.8 7.2 13.9 9.98 2.83
----- End of picture text -----

The A x b values of 31.0 to 34.4 for composites METDS001, METDS002, and METDS004 are rela�vely hard when compared to similar projects. METDS006 and METDS007 are much so�er with A x b vales of 52.8 and 41.5, respec�vely.

LEACH TESTWORK

The second stage of testwork was focussed leaching the gold from the ore by cyanida�on including selected gravity separa�on testwork. The first step for this testwork was to determine the extractable gold with a whole ore leach on each composite at three different primary grind sizes. Selected composites were then subjected to gravity concentra�on before leaching to determine the effec�veness of the inclusion of a gravity step in the process.

Head Assays

Sub-samples of each of the composites was subjected to duplicate gold assays, carbon specia�on, sulphur specia�on, and a 40-element ICP scan. The duplicate gold results are shown in Table 6 .

Table 6: Gold Head Assay Data

==> picture [448 x 169] intentionally omitted <==

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

Sample ID Gold Grade 1 (g/t) Gold Grade 2 (g/t) Average Gold Grade (g/t)
METDS001 2.39 2.26 2.33
METDS002 2.36 2.70 2.53
METDS003 0.86 0.68 0.77
METDS004 1.15 1.10 1.13
METDS005 0.76 1.78 1.27
METDS006 1.10 1.10 1.10
METDS007 1.81 1.55 1.68
----- End of picture text -----

AURUM RESOURCES LIMITED | ACN 17 650 477 286 | +61 8 6559 1792 Suite 11, 23 Railway Road, SUBIACO, PERTH, WA 6008 | www.aurumres.com.au 6

==> picture [150 x 73] intentionally omitted <==

Full assay analysis shows that minimal problem elements are present with organic carbon (<0.03% Corg), sulphide sulphur (<1.92% S2-), copper (<72 ppm Cu), and mercury (≤0.10 ppm Hg) content being negligible. All composites contained less than 1,000ppm As, except METDS007 at 3,880 ppm As.

Whole Ore Leach

grind sizes. The condi�ons for each test are as follows (results in Table 7 ):

• Grind size

• P80 of 150µm

• P80 of 106µm

• P80 of 75µm;

• Sparge oxygen at >20ppm for 48 hours;

• Sodium cyanide addi�on

• Start at 1,000ppm (0.10% w/w)

• Maintain at 500ppm (0.05%);

• Maintain at pH >10.0 with lime;

• 45% solids w/w.

Table 7: Whole Ore Cyanida�on Results

==> picture [474 x 313] intentionally omitted <==

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

Grind Size Leach Recovery Leach Recovery Leach Recovery
Sample ID
P80 (µm) a�er 8h (%) a�er 24h (%) a�er 48h (%)
METDS001 150 88.0 91.8 92.5
METDS001 106 94.9 95.7 95.7
METDS001 75 96.3 96.0 96.9
METDS002 150 91.6 93.0 93.4
METDS002 106 96.0 96.9 97.0
METDS002 75 95.0 95.4 95.8
METDS003 150 95.8 98.7 98.7
METDS003 106 96.3 98.6 99.3
METDS003 75 98.2 99.4 99.4
METDS004 150 86.6 87.7 87.2
METDS004 106 92.2 91.6 92.8
METDS004 75 92.8 92.1 94.2
METDS005 150 83.6 88.3 89.4
METDS005 106 80.6 96.2 96.8
----- End of picture text -----

AURUM RESOURCES LIMITED | ACN 17 650 477 286 | +61 8 6559 1792 Suite 11, 23 Railway Road, SUBIACO, PERTH, WA 6008 | www.aurumres.com.au

7

==> picture [150 x 73] intentionally omitted <==

==> picture [474 x 135] intentionally omitted <==

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

METDS005 75 91.4 94.8 93.7
METDS006 150 88.8 90.9 92.3
METDS006 106 90.5 93.4 94.1
METDS006 75 96.5 97.4 96.5
METDS007 150 92.1 95.1 95.1
METDS007 106 92.8 94.9 94.9
METDS007 75 94.0 94.4 96.6
----- End of picture text -----

In each test, >80% of the available gold was extracted a�er 8 hours, which suggests fast gold leaching kine�cs in each sample regardless of grind size. Only two samples, at the coarsest primary grind size of a P80 of 150µm, did not reach 90% gold extrac�on over 48 hours of tes�ng. In most composites, gold extrac�on was lower at the coarsest primary grind size of a P80 of 150µm. Gold extrac�ons were similar across each composite at primary grind sizes of P80 of 75µm and 106µm.

Gravity Concentra�on

The composite samples were then subjected to gravity concentra�on testwork to determine the gravity gold component that can be expected from the various domains. Gravity concentra�on was tested using a laboratory-scale Knelson concentrator. Table 8 shows gravity recovery test results.

Table 8: Gravity Recovery Results

	Table 8: Gravity Recovery	Results
Sample ID	Grind Size P80 (µm)	Gravity Recovery (%)
METDS005	150	29.3
METDS005	106	56.0
METDS005	75	31.3

The composites showed high propor�ons of gravity gold, with 29.3% - 56.0% of the total gold in the samples being recoverable by gravity. This is indica�ve of possible spo�y gold, having small areas of high concentra�on. Overall gold extrac�on results are shown in Table 9 .

Table 9: Overall Gravity/Leach Results

==> picture [399 x 104] intentionally omitted <==

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

Sample Grind Size Gravity Recovery Leach Recovery Total Recovery
ID P80 (µm) (%) a�er 48h (%) (%)
METDS005 150 29.3 62.8 92.1
METDS005 106 56.0 39.4 95.4
METDS005 75 31.3 63.0 94.4
----- End of picture text -----

AURUM RESOURCES LIMITED | ACN 17 650 477 286 | +61 8 6559 1792 Suite 11, 23 Railway Road, SUBIACO, PERTH, WA 6008 | www.aurumres.com.au

8

==> picture [150 x 73] intentionally omitted <==

Leaching on the gravity tails showed that much lower lime and cyanide consump�ons were also achievable, with a decrease of 25% in lime consump�on and a decrease of 40% in cyanide consump�on at a P80 of 106µm when compared to whole ore cyanida�on leaching.

CONCLUSIONS

From this testwork, the following conclusions are drawn regarding Boundiali Gold Project ore:

• testwork and comminu�on modelling during next study phase):

• Ai indicates that the ore is not overly abrasive;

• CWi, BWi and SMC results indicate that the ore is of medium to moderate hardness;

• The SMC testwork indicates that the ore is likely to be amenable to single-stage crushing followed by SAG milling (SSAG) in closed circuit with or without a pebble crusher.

• It has a moderate to high propor�on of gravity-recoverable gold for all domains and ore characteris�cs.

• The ini�al op�mum condi�ons for the ore were inves�gated and found to be:

• Primary grind size P80 of 106µm;

• It was observed that leaching �mes in excess of 24 hrs were probably not necessary;

• The total gold recovery including gravity and leaching was between 95-99%.

• This all indicates that a standard free milling gravity and CIL circuit following the SSAG will probably be applicable.

RECOMMENDATIONS

results to feasibility-study level. MIQM recommenda�ons for further testwork include:

• More representa�ve samples from all domains and areas within the possible mining pit for testwork to confirm/op�mise/select the possible process flowsheet.

• Increase the total number of representa�ve samples that have been tested for comminu�on characteris�cs and con�nue the comminu�on tes�ng.

• Further comminu�on tests should also be undertaken with a closing screen size of 125µm to achieve a target grind size of 106µm.

• Con�nue with more leach and gravity testwork on more representa�ve samples at various grind sizes to help to op�mise the gravity circuit and select the appropriate grind size for comminu�on.

• ore characteris�cs and grind size.

• Complete carbon adsorp�on testwork and any other testwork needed due to the selected flowsheet (i.e. thickening, viscosity, etc.)

• Environmental testwork and cyanide destruc�on testwork if applicable.

AURUM RESOURCES LIMITED | ACN 17 650 477 286 | +61 8 6559 1792 Suite 11, 23 Railway Road, SUBIACO, PERTH, WA 6008 | www.aurumres.com.au

9

==> picture [150 x 73] intentionally omitted <==

Next steps

Aurum will continue its high-tempo gold exploration drilling at the Boundiali Gold Project and exploration drilling on the early-stage BM tenement, designed to test for potential new discoveries. Scout and step-back diamond drilling at the BD tenement will continue, aiming to delineate known gold zones and identify new targets.

With six diamond drill rigs in operation, Aurum maintains its target drilling rate of ~10,000m per month across the Boundiali Gold Project, and expects to drill more than 50,000m of diamond core at Boundiali this year. This drilling will support Aurum's goal of delivering an inaugural Mineral Resource Estimate for the Boundiali Gold Project by the end of CY2024 .

Aurum is well-funded to execute its exploration strategy with more than $19M cash as at 30 September 2024, and remains confident in the potential of the Boundiali Gold Project to deliver significant value for shareholders.

Aurum’s takeover bid for Mako Gold Limited

On 16 October 2024 Aurum launched a takeover bid for Mako Gold Limited (ASX: MKG) with the following highlights:

• Mako Gold Limited (MKG) and Aurum Resources Limited (AUE) signed a Bid Implementation Agreement (BIA), for an agreed merger pursuant to which Aurum proposes to acquire 100% of the issued shares in Mako and 100% of two classes of unlisted options by way of an offmarket takeover bid (Proposed Merger)

• Proposed Merger will create an emerging exploration and development gold business in West Africa, +A$20 million cash to advance Napié and Boundiali Projects in northern Côte d'Ivoire

• Aurum to offer:

• 1 Aurum share for every 25.1 Mako shares, representing an offer price of $0.018 per Mako share (Share Offer)

• 1 Aurum share for every 170 Class A Options

• 1 Aurum share for every 248 Class B Options

• Offer represents a 112% premium for Mako shareholders based on the 30-day VWAP of A$0.00855 (Based on Aurum’s 5-day volume weighted average price of A$0.455 per share as of 11 October 2024, being the last trading day prior to announcement of the Proposed Merge)

• Mako shareholders will own 20.5% of the merged entity under the Share Offer while Aurum shareholders will own the remaining 79.5%

• Mako Directors unanimously recommend that, in the absence of a superior proposal, all shareholders and option holders accept Aurum’s offers

• The combined group will be pursuing its growth strategy from a position of greater market scale, underpinned by a strong cash balance of $20 million and lower consolidated cost base

On 22 November 2024, Aurum declared takeover off for all Mako shares unconditional. Takeover offers will close at 7.00pm (Sydney time) on 4 December 2024 (unless extended).

AURUM RESOURCES LIMITED | ACN 17 650 477 286 | +61 8 6559 1792 Suite 11, 23 Railway Road, SUBIACO, PERTH, WA 6008 | www.aurumres.com.au

10

==> picture [150 x 73] intentionally omitted <==

In preparation for a successful conclusion of the takeover, Aurum purchased two new diamond drill rigs and 30,000m of drilling consumables and spare parts, which were shipped from China on 10 November and are expected to arrive in Côte d’Ivoire at the end of December 2024.

This update has been authorised by the Board of Aurum Resources Limited.

ENDS

FORWARD-LOOKING STATEMENTS

This ASX release contains forward-looking statements about Aurum Resources Limited's explora�on ac�vi�es, drilling programs, and poten�al Mineral Resource Es�mate at the Boundiali Gold Project. These statements are based on current expecta�ons and are subject to risks and uncertain�es inherent in mineral explora�on and mining. Factors that could cause actual results to differ materially include explora�on risks, drilling results, resource es�ma�on, gold prices, opera�onal risks, regulatory changes, and broader economic condi�ons. Investors should not place undue reliance on these forward-looking statements.

COMPETENT PERSONS STATEMENT

The informa�on in this release that relates to Explora�on Targets and Explora�on Results is based on informa�on compiled by Mr Mark Strizek, a Competent Person who is a Member of The Australasian Ins�tute of Mining and Metallurgy. Mr Strizek has been a non-execu�ve Director of the Company since 1 February 2024 and joined as an execu�ve Director on 1 June 2024. Mr Strizek has sufficient experience that is relevant to the style of mineralisa�on and type of deposit under considera�on and to the ac�vity being undertaking to qualify as a Competent Person as defined in the 2012 edi�on of the “Australasian Code for Repor�ng of Explora�on Results, Mineral Resources and Ore Reserves”. Mr Strizek consents to the inclusion in the announcement of the ma�ers based on his informa�on in the form and context in which it appears. Addi�onally, Mr Strizek confirms that the en�ty is not aware of any new informa�on or data that materially affects the informa�on contained in the ASX releases referred to in this presenta�on.

COMPLIANCE STATEMENT

This report contains informa�on extracted from ASX market announcements reported in accordance with the 2012 edi�on of the "Australasian Code for Repor�ng of Explora�on Results, Mineral Resources and Ore Reserves" ("2012 JORC Code") and available for viewing at www.asx.com and includes results reported previously and published on ASX pla�orm:

29 Nov 2024, Aurum earns 80% interest in Boundiali BM tenement (ASX:AUE) 28 Nov 2024, AUE appoints Mr. Steve Zaninovich as Non-Execu�ve Director (ASX:AUE) 25 Nov 2024, Aurum hits 17.31m at 5.90 g/t gold at Boundiali BM Target 1 (ASX:AUE) 22 Nov 2024, AUE Declares Takeover Offer for all MKG Shares Uncondi�onal (ASX:AUE) 15 Nov 2024, Supplementary Bidders Statement (ASX:AUE)

11 Nov 2024, Aurum hits 36 g/t gold at BM T1 of 2.5km strike (ASX:AUE)

30 Oct 2024, Bidders Statement (ASX:AUE)

16 Oct 2024, Recommended Takeover of Mako Gold By Aurum Resources (ASX:AUE) 09 Sep 2024, Aurum earns 51% interest in Boundiali BM tenement (ASX:AUE) 05 Sep 2024, AUE hits 40m at 1.03 g/t gold at Boundiali BD Target 1 (ASX:AUE) 03 Sep 2024, Boundiali South Explora�on Licence Renewed (ASX:AUE)

07 Aug 2024, Aurum to advance met studies for Boundiali Gold Project (ASX:AUE) 22 July 2024, Prelim metallurgical tests deliver up to 99% gold recovery (ASX:AUE)

17 June 2024, Aurum hits 69m at 1.05 g/t gold at Boundiali BD Target 1 (ASX:AUE)

28 May 2024, AUE hits 163 g/t gold in 12m @ 14.56 g/t gold at BD Target 1 (ASX:AUE) 24 May 2024, Aurum hits 74m @ 1.0 g/t gold at Boundiali BD Target 2 (ASX:AUE) 15 May 2024, Aurum expands Boundiali Gold Project footprint (ASX:AUE) 10 May 2024, AUE hits 90m @ 1.16 g/t gold at Boundiali BD Target 1 (ASX:AUE)

01 May 2024, Aurum Appoints Country Manager in Cote d'Ivoire (ASX:AUE)

23 April 2024, AUE drilling hits up to 45 g/t gold at Boundiali BD Target 2 (ASX:AUE)

19 March 2024, AUE signs binding term sheet for 100% of Boundiali South (ASX:AUE)

12 March 2024, AUE hits 73m at 2.15g/t incl 1m at 72g/t gold at Boundiali (ASX:AUE)

01 March 2024, Aurum hits 4m at 22 g/t gold in Boundiali diamond drilling (ASX:AUE)

22 January 2024, Aurum hits shallow, wide gold intercepts at Boundiali, Côte d’Ivoire (ASX: AUE)

21 December 2023, Rapid Drilling at Boundiali Gold Project (ASX.AUE)

• 21 November 2023, AUE Acquisi�on Presenta�on (ASX.AUE)

• 21 June 2021, No�ce of General Mee�ng/Proxy Form (MSR.ASX)

21 May 2021, PlusOr to Acquire 6194 sq kms Ground Posi�on in Cote d’Ivoire (MSR.ASX)

• 22 August 2019, Boundiali RC Drill Results Con�nue to Impress (PDI.ASX)

• 15 July 2019, RC, Trench Results Grow Boundiali Poten�al In Cote D'Ivoire (PDI.ASX)

• 27 May 2019, New Drill Results Strengthen Boundiali Project Cote D'Ivoire (PDI.ASX

• 16 January 2019, PDI-Toro JV Sharpens Focus with Major Drilling Program (PDI.ASX)

26 November 2018, Boundiali North - Large Coherent Gold Anomalies in 14km Zone (PDI.ASX)

announcements.

AURUM RESOURCES LIMITED | ACN 17 650 477 286 | +61 8 6559 1792 Suite 11, 23 Railway Road, SUBIACO, PERTH, WA 6008 | www.aurumres.com.au

11

==> picture [150 x 73] intentionally omitted <==

==> picture [383 x 454] intentionally omitted <==

Figure 1: Loca�on of Aurum’s Boundiali Gold Project in Côte d'Ivoire

AURUM RESOURCES LIMITED | ACN 17 650 477 286 | +61 8 6559 1792 Suite 11, 23 Railway Road, SUBIACO, PERTH, WA 6008 | www.aurumres.com.au

12

==> picture [150 x 73] intentionally omitted <==

==> picture [419 x 449] intentionally omitted <==

Figure 2: Aurum’s Boundiali Gold Project

AURUM RESOURCES LIMITED | ACN 17 650 477 286 | +61 8 6559 1792 Suite 11, 23 Railway Road, SUBIACO, PERTH, WA 6008 | www.aurumres.com.au

13

==> picture [150 x 73] intentionally omitted <==

Table 10: Drill Collar Informa�on

==> picture [473 x 241] intentionally omitted <==

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

Hole ID UTM East UTM North Depth (m) Dip deg Azi deg Prospect Type
DSDD0003 787,782 1,054,531 156.00 -50 270 BM Target 1 DD
DSDD0004 787,873 1,054,480 235.00 -50 270 BM Target 1 DD
DSDD0007 787,658 1,054,269 241.50 -50 270 BM Target 1 DD
DSDD0010 787,831 1,054,412 142.50 -50 270 BM Target 1 DD
DSDD0011 787,844 1,054,256 199.50 -50 270 BM Target 1 DD
DSDD0012 787,926 1,054,320 304.50 -50 270 BM Target 1 DD
DSDD0028 789,313 1,059,301 231.00 -50 270 BM Target 2 DD
DSDD0029 789,163 1,060,036 251.00 -50 270 BM Target 2 DD
DSDD0034 789,315 1,059,521 201.45 -50 270 BM Target 2 DD
DSDD0038 789,303 1,059,731 213.00 -50 270 BM Target 2 DD
DSDD0050 787,881 1,054,397 300.50 -55 270 BM Target 1 DD
DSDD0051 787,927 1,054,492 355.50 -55 270 BM Target 1 DD
DSDD0074 787,844 1,054,491 251.50 -50 270 BM Target 1 DD
14 holes 3,082.95m TOTAL DD
----- End of picture text -----

AURUM RESOURCES LIMITED | ACN 17 650 477 286 | +61 8 6559 1792 Suite 11, 23 Railway Road, SUBIACO, PERTH, WA 6008 | www.aurumres.com.au 14

==> picture [150 x 73] intentionally omitted <==

About Aurum’s Boundiali Gold Project

The Boundiali Gold Project is comprised of four neighbouring explora�on tenements (Figure 2):

• 1) Boundiali Minex Tenement PR0893 (" BM ”), 400km[2] , holder Minex West Africa, of which Aurum holds 80% interest through its fully owned subsidiary Plusor Global Pty Ltd (“Plusor”).

• 2) Boundiali DS tenement PR808 (“ BD ”), 260km[2] , holder DS Resources Joint Venture Company, of which Aurum is 80% share capital owner through its fully owned subsidiary Plusor.

• 3) Boundiali South tenement PR414 (" BST ”), 167.34km[2] is located directly south of Aurum’s BD and BM tenement. The BST explora�on tenement was renewed on 19[th] August 2024. Predic�ve Discovery Côte d’Ivoire SARL (89% owned by Turaco Gold Limited and 11% owned by Predic�ve Discovery Limited) agreed to sell 100% interest to Aurum, subject to Aurum obtaining a renewal of the Boundiali South tenement (or the gran�ng of a replacement tenement) and being sa�sfied that the terms of the renewal (or replacement) do not restrict explora�on or poten�al future mining rights, along with all required Government approvals.

• 4) Boundiali North tenement PR283 (" BN "), 208.87km2, under renewal, Aurum to earn up to 70% interest through its wholly owned subsidiary Plusor.

The Boundiali Gold Project is located within the same greenstone belt as Resolute’s large Syama (11.5Moz) gold mine and Perseus’ Sissingue (1.4 Moz) gold mine to the north and Montage Gold’s 4.5Moz Koné project located to the south. Barrick’s Tongon mine (5.0Moz) is located to the northeast (Figure 1).

BM gold project JV

Plusor has earnt 80% interest through drilling 8,000m and spending US$2.5M accumulated explora�on expenditure.

• Completed drilling 4,000m diamond holes to earn 30% interest

• Completed drilling a further 4,000m diamond holes to earn accumulated 51% interest

• Earnt an accumulated 80% interest from spending explora�on expenditure of US$2.5M using a nominal diamond drilling cost of US$140/m in calcula�on for expenditure commitment.

• 80-88% interest in future gold produc�on company (Government gets 10% free carry from local partner):

• 80% if local partner contributes 11% capex

• 85% if local partner does not contribute capex – they go to 5% free carry

• 88% if local partner sells us 3% of their interest they go to 2% free carry

BD gold project JV

Plusor owns 80% interest acquired from DS Joint Venture Company’s two shareholders:

• acquired 45% share capital of DS Joint Venture Company Sarl by paying US$430,000 to DS Resources Sarl; and

• acquired 35% share capital of DS Joint Venture Company Sarl from Turaco Gold Ltd by drilling 3,500m diamond holes in Turaco’s other gold projects in Cote D’Ivoire. This commitment has been completed.

AURUM RESOURCES LIMITED | ACN 17 650 477 286 | +61 8 6559 1792 Suite 11, 23 Railway Road, SUBIACO, PERTH, WA 6008 | www.aurumres.com.au

15

==> picture [150 x 73] intentionally omitted <==

• 80-88% interest in future gold produc�on company (Government gets 10% free carry from local partner):

• 80% if local partner contributes 11% capex

• 85% if local partner does not contribute capex – they go to 5% free carry

• 88% if local partner sells us 3% of their interest they go to 2% free carry

BST gold project consideration and payment for the binding term sheet

• Purchase of the tenement is subject to Aurum obtaining a renewal of the BST tenement (or the gran�ng of a replacement) and being sa�sfied that the terms of the renewal (or replacement permit) do not restrict explora�on or poten�al future mining rights, along with required Government approvals

• Within 15 business days of the satisfaction (or waiver) of the conditions precedent above, the Seller will, by written notice to the Purchaser, elect to receive one of the following forms of consideration ( Election ):

• (i) A$800,000 in cash ( Cash Consideration ); or

• (ii) If the 20-day volume weighted average trading price of Shares ( VWAP ) is:

  • Less than or equal to A$0.20 at the time of the Election, 5,000,000 fully paid ordinary shares in the Purchaser (Shares) (Consideration Shares 1); or

  • Greater than A$0.20 at the time of the Election, Shares to a value of A$1.2 million, as determined by dividing A$1.2 million by the 20-day VWAP for the Shares (Consideration Shares 2)

• 90% interest in future gold produc�on company (Government get 10% free carry from our interest)

BN gold project JV

Aurum is earning interest through carrying out explora�on to earn 70% interest in three stages:

• Stage 1: Aurum earns 35% interest by spending USD 1.2 million within 36 months of license grant

• Stage 2: Aurum earns 51% interest by spending USD 2.5 million within 60 months of license grant

• Stage 3: Aurum earns 70% interest upon comple�on of a pre-feasibility study on the tenement.

• Diamond drilling conducted by Aurum will be valued at US$140 per meter for expenditure calcula�ons

• Upon grant of a mining exploita�on license, the ownership structure will be: Aurum (70%), GNRR (20%), Ivorian Government (10%)

Sec�on 1 of the JORC Code, 2012 Edi�on – Table 1

Sampling Techniques and Data

AURUM RESOURCES LIMITED | ACN 17 650 477 286 | +61 8 6559 1792 Suite 11, 23 Railway Road, SUBIACO, PERTH, WA 6008 | www.aurumres.com.au

16

==> picture [150 x 73] intentionally omitted <==

==> picture [425 x 603] intentionally omitted <==

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

Criteria JORC Code explanation Commentary
Sampling  Nature and quality of sampling (e.g. cut  Samples were collected using diamond
techniques channels, random chips, or specific drilling techniques generally angled at 50°
specialised industry standard measurement towards north-northwest to optimally
tools appropriate to the minerals under intersect the mineralised zones.
investigation, such as down hole gamma  Diamond core was logged both for
sondes, or handheld XRF instruments, etc). geological and mineralised structures as
These examples should not be taken as noted above. The core was then cut in half
limiting the broad meaning of sampling. using a diamond brick cutting saw on 1m
 Include reference to measures taken to intervals. Typically the core was sampled
ensure sample representivity and the to geological intervals as defined by the
appropriate calibration of any measurement geologist within the even two metre sample
tools or systems used. intervals utilised. The right-hand side of the
 Aspects of the determination of core was always submitted for analysis
mineralisation that are Material to the Public with the left side being stored in trays on
site
Report. In cases where ‘industry standard’
 Sampling and QAQC procedures were
work has been done this would be relatively
carried out to industry standards.
simple (eg ‘reverse circulation drilling was
 Sample preparation was completed by
used to obtain 1 m samples from which 3 kg
independent international accredited
was pulverised to produce a 30 g charge for
laboratory Intertek Minerals Ltd. Following
fire assay’). In other cases more explanation
cutting or splitting, the samples were
may be required, such as where there is
bagged by the Client employees and then
coarse gold that has inherent sampling
sent to the laboratory for preparation.
problems. Unusual commodities or
These samples were subsequently sent to
mineralisation types (eg submarine nodules)
Ghana for analysis via 30g fire assay.
may warrant disclosure of detailed

information.
Drilling  Drill type (eg core, reverse circulation, open-  Diamond drilling carried out with mostly NTW
techniques hole hammer, rotary air blast, auger, Bangka, and some HQ sized equipment. PQ-size rods
sonic, etc) and details (eg core diameter, and casing were used at the top the holes to
triple or standard tube, depth of diamond stabilise the collars although no samples
tails, face-sampling bit or other type, whether were taken from the PQ size core.
core is oriented and if so, by what method,
etc).
Drill sample  Method of recording and assessing core and  Diamond drilling core recoveries ranged
recovery chip sample recoveries and results assessed. between 85% and 100% for all holes with no
 Measures taken to maximise sample recovery significant issues noted.
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.
Logging  Whether core and chip samples have been  All holes were field logged by company
geologically and geotechnically logged to a geologists. Lithological, alteration and
level of detail to support appropriate Mineral mineralogical nomenclature of the deposit
Resource estimation, mining studies and as well as sulphide content were recorded.
metallurgical studies. Metallurgical, Geotechnical and structural
 Whether logging is qualitative or quantitative data has been recorded
 Photography and recovery measurements
in nature. Core (or costean, channel, etc)
were carried out by assistants under a
photography.
 The total length and percentage of the  geologist’s supervision. All drill holes were logged in full.
relevant intersections logged.  Logging was qualitative and quantitative in
nature.
Sub-sampling  If core, whether cut or sawn and whether  NTW core cut in half using a core saw.
techniques quarter, half or all core taken. Typically, the core was sampled to major
 If non-core, whether riffled, tube sampled, geological intervals as defined by the
----- End of picture text -----

AURUM RESOURCES LIMITED | ACN 17 650 477 286 | +61 8 6559 1792 Suite 11, 23 Railway Road, SUBIACO, PERTH, WA 6008 | www.aurumres.com.au

17

==> picture [150 x 73] intentionally omitted <==

Criteria	JORC Code explanation	Commentary
and sample preparation	rotary split, etc and whether sampled wet or dry.  For all sample types, the nature, quality and appropriateness of the sample preparation technique.  Quality control procedures adopted for all sub-sampling stages to maximise representivity of samples.  Measures taken to ensure that the sampling is representative of the in-situ material collected, including for instance results for field duplicate/second-half sampling.  Whether sample sizes are appropriate to the grain size of the material being sampled.	geologist within the even two metre sample intervals utilised. All samples were collected from the same side of the core.  Sample sizes are considered appropriate to correctly represent the moderately nuggetty gold mineralisation based on: the style of mineralisation, the thickness and consistency of the intersections, the sampling methodology and assay value ranges for Au.  The 250gm sample is milled through an LM5 using a single puck to 90% <75 micron  Milled sample is homogenised through a matt roll with a 150gm routine sample collected using a spoon around the quadrants and sent to Ghana for analysis and the remaining 100gm kept at Intertek for checks.  Field QC procedures involved the use of 2 types of certified reference materials (1 in 20) which is certified by Geostats Ltd,  Primary RC duplicates: Generated from the first splitter off the rig and inserted 5% (1 in 20 samples). This sample is collected from a spear sample from the reject material of the primary split.  Primary DD duplicate: Generated by cutting the remaining half core into a ¼ and sampled.  Coarse blank samples: Inserted 1 in every 20 samples  Laboratory Internal Duplicates and Standards  Sample sizes are considered appropriate to correctly represent the moderately nuggetty gold mineralisation based on: the style of mineralisation, the thickness and consistency of the intersections, the sampling methodology and assay value rangesforgold
Quality of assay data and laboratory tests	 The nature, quality and appropriateness of the assaying and laboratory procedures used and whether the technique is considered partial or total.  For geophysical tools, spectrometers, handheld XRF instruments, etc, the parameters used in determining the analysis including instrument make and model, reading times, calibrations factors applied and their derivation, etc.  Nature of quality control procedures adopted (eg standards, blanks, duplicates, external laboratory checks) and whether acceptable levels of accuracy (i.e. lack of bias) and precision have been established.	 The analytical techniques used 50 gram Fire Assay on 150g pulp samples. Aurum is investigating assaying for gold using ChrysosTM PhotonAssay methodology . This uses a high-energy X-ray source that is used to irradiate large mineral samples, typically about 500g compared to the 50g of the fire assay. The X-rays induce short-lived changes in the structure of any gold nuclei present. As the excited gold nuclei return to their ground state, they emit a characteristic gamma-ray signature, the intensity of which is directly proportional to the concentration of gold. The penetrating nature of ChrysosTM PhotonAssay provides much higher energy than those used in

AURUM RESOURCES LIMITED | ACN 17 650 477 286 | +61 8 6559 1792 Suite 11, 23 Railway Road, SUBIACO, PERTH, WA 6008 | www.aurumres.com.au

18

==> picture [150 x 73] intentionally omitted <==

==> picture [425 x 600] intentionally omitted <==

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

Criteria JORC Code explanation Commentary
conventional X-ray fluorescence (XRF), which
provides a true bulk analysis of the entire
sample. Samples are presented into a fully
automatic process where samples are
irradiated, measured, data collection and
reporting. Further work is ongoing to
determine the suitability of this method.
 No geophysical tools were used to determine
any element concentrations used for this
report.
 Sample preparation checks for fineness were
carried out by the laboratory as part of
internal procedures to ensure the grind size
of 2mm was being attained. Laboratory
QAQC includes the use of internal standards
using certified reference material, and pulp
replicates. No anomalous assays were noted
in information provided to the Client.
 The QAQC results confirm that acceptable
levels of accuracy and precision have been
established for the Classifications applied.
Verification of  The verification of significant intersections by  NA
sampling and either independent or alternative company  No holes have been twinned
assaying personnel.  No adjustment to assay data
 The use of twinned holes.  Logging records were mostly registered in
 Documentation of primary data, data entry physical format and were input into a digital
procedures, data verification, data storage format. The core photographs, collar
(physical and electronic) protocols. coordinates and down the hole surveys were
 Discuss any adjustment to assay data. received in digital format.
 Assay values that were below detection limit
were adjusted to equal half of the detection
limit value. Un-sampled intervals were
assumed to have no mineralisation and they
were therefore set to blank in the database,
however these are minimal.
Location of  Accuracy and quality of surveys used to locate  DD collar positions were located using a
data points drill holes (collar and down-hole surveys), handheld GPS with a location error of +/3m.
trenches, mine workings and other locations  The datum employed is WGS84, Zone 29
used in Mineral Resource estimation.
 Specification of the grid system used.
 Quality and adequacy of topographic control.
Data spacing  Data spacing for reporting of Exploration  Drillholes were completed on variable
and Results. spacings and orientations.
distribution  Whether the data spacing and distribution is  No judgement has yet been made by an
sufficient to establish the degree of geological independent qualified consultant on whether
and grade continuity appropriate for the the drill density is sufficient to calculate a
Mineral Resource and Ore Reserve estimation Mineral Resource.
procedure(s) and classifications applied.  The samples were not composited prior to
 Whether sample compositing has been assay.
applied.
Orientation of  Whether the orientation of sampling achieves  Drill holes were drilled approximately at
data in unbiased sampling of possible structures and right angles to the anticipated strike of the
relation to the extent to which this is known, considering target geochemical anomaly and orthogonal
geological the deposit type. to the interpreted mineralisation
structure  If the relationship between the drilling orientation.
orientation and the orientation of key
----- End of picture text -----

AURUM RESOURCES LIMITED | ACN 17 650 477 286 | +61 8 6559 1792 Suite 11, 23 Railway Road, SUBIACO, PERTH, WA 6008 | www.aurumres.com.au

19

==> picture [150 x 73] intentionally omitted <==

Criteria	JORC Code explanation	Commentary
	mineralised structures is considered to have introduced a sampling bias, this should be assessed and reported if material.
Sample security	 The measures taken to ensure sample security.	 Chain of custody is managed by the Client’s senior site geologists and geotechnicians. Samples are stored in a core shed at site and samples were delivered to the laboratory by client geologists. Client employees have no further involvement in the preparation or analysis of the samples.
Audits or reviews	 The results of any audits or reviews of sampling techniques and data.	 Aurum is reviewing the suitability of PhotonAssay to analyse for gold compared _tofire assay. This work is ongoing. _

Sec�on 2 of the JORC Code, 2012 Edi�on – Table 1

Criteria	JORC Code explanation	Commentary
Mineral tenement and land tenure status	 Type, reference name/number, location and ownership including agreements or material issues with third parties such as joint ventures, partnerships, overriding royalties, native title interests, historical sites, wilderness or national park and environmental settings.  The security of the tenure held at the time of reporting along with any known impediments to obtaining a license to operate in the area.	 Exploration results are from the Boundiali project area.  There are no impediments to working in the area.
Exploration done by other parties	 Acknowledgment and appraisal of exploration by other parties.	 The exploration results reported in this announcement are from work undertaken by PlusOr and BM on behalf of Aurum Resources Limited  The license area is known as a prospective region for gold and recent artisanal workings revealed the presence of primary gold mineralisation in artisanal pits and _small-scale underground mining. _
Geology	 Deposit type, geological setting and style of mineralisation.	 The geology consists of granitoid intrusives, metasediments, typical of granite – greenstone belt Birimian terrains. Mineralisation style is typical structurally controlled, mesothermal, lode gold orogenic style.
Drill hole information	 A summary of all information material to the under-standing of the exploration results including a tabulation of the following information for all Material drill holes:  easting and northing of the drill hole collar  elevation or RL (Reduced Level – elevation 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	 Complete drill hole data has been provided.  Drill hole collar locations are shown in figures in main body of announcement.

AURUM RESOURCES LIMITED | ACN 17 650 477 286 | +61 8 6559 1792 Suite 11, 23 Railway Road, SUBIACO, PERTH, WA 6008 | www.aurumres.com.au

20

==> picture [150 x 73] intentionally omitted <==

==> picture [425 x 598] intentionally omitted <==

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

Criteria JORC Code explanation Commentary
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  Assay Intervals are shown in detail. Drilling
aggregation averaging techniques, maximum and/or intervals are predominantly 1m and 2m.
methods minimum grade truncations (e.g. cutting of  Metal equivalent values are not being
high grades) and cut-off grades are usually reported.
Material and should be stated.
 Where aggregate intercepts incorporate
short lengths of high-grade results and
longer lengths of low-grade results, the
procedure used for such aggregation should
be stated and some typical examples of such
aggregations should be shown in detail.
 The assumptions used for any reporting of
metal equivalent values should be clearly
stated.
Relationship  These relationships are particularly important  True widths have not been estimated as the
between in the reporting of Exploration Results. geological controls on mineralisation in
mineralisation  If the geometry of the mineralisation with these initial drill holes into the prospect are
widths and respect to the drill hole angle is known, its not yet well understood.
intercept nature should be reported.  The holes were drilled from east to west to
lengths  If it is not known and only the down hole test a steeply east dipping foliation in the
lengths are reported, there should be a clear limited rock exposures seen in the area. The
statement to this effect (e.g.’down hole mineralisation lies within what has been
length, true width not known’). interpreted to be a ductile shear zone which
would suggest that mineralisation should lie
parallel to foliation.
Diagrams  Appropriate maps and sections (with scales)  Appropriate diagrams relevant to material
and tabulations of intercepts should be results are shown in the body of this
included for any significant discovery being announcement.
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  All drill hole and trench collar locations were
Reporting drill holes (collar and down-hole surveys), surveyed utilising handheld GPS methods.
trenches, mine workings and other locations Exploration results only being reported. No
used in Mineral Resource estimation. Mineral Resource exists
 Where comprehensive reporting of all  Drilling teams utilised the Reflex EZ-shot
Exploration Results is not practicable, instrument to measure deviations in
representative reporting of both low and high azimuth and inclination angles for all holes;
grades and/or widths should be practiced to however, vertical holes were not surveyed.
avoid misleading reporting of Exploration The first measurement is taken at 6 m
Results. depth, and then at approximately every
30m depth interval and at the end of the
hole. being reported
Other  Other exploration data, if meaningful and  All relevant exploration data is either
substantive material, should be reported including (but not reported in this announcement or has been
exploration limited to): geological observations; reported previously by Aurum, Randgold or
data geophysical survey results; geochemical survey Predictive Discovery and is referred to in the
results; bulk samples - size and method of announcement.
treatment; metallurgical test results; bulk
density, groundwater, geotechnical and rock
characteristics; potential deleterious or
contaminating substances.
----- End of picture text -----

AURUM RESOURCES LIMITED | ACN 17 650 477 286 | +61 8 6559 1792 Suite 11, 23 Railway Road, SUBIACO, PERTH, WA 6008 | www.aurumres.com.au

21

==> picture [150 x 73] intentionally omitted <==

==> picture [425 x 14] intentionally omitted <==

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

Criteria JORC Code explanation Commentary
----- End of picture text -----

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.	 The Company intends to continue exploration on the project and this work will include auger, aircore, RC and diamond core drilling, along with further geophysical surveys and geochemical sampling programs.  Diagrams included in body of report as deemed appropriate by competentperson

AURUM RESOURCES LIMITED | ACN 17 650 477 286 | +61 8 6559 1792 Suite 11, 23 Railway Road, SUBIACO, PERTH, WA 6008 | www.aurumres.com.au 22