FireFly Metals Ltd. — Board/Management Information 2022

Dec 14, 2022

ASX: AUT 15 December 2022

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ASX ANNOUNCEMENT

Appointment of Experienced North American Non-Executive Director

Kevin Tomlinson’s knowledge will be invaluable as AuTECO implements its strategy to continue growing the 2.23Moz Resource (at 7.8g/t Au) at the Pickle Crow Project in Canada

AuTECO Minerals Ltd (ASX:AUT) is pleased to announce that Kevin Tomlinson has been appointed a Non-Executive Director of AuTECO, effective 15 December 2022.

Mr Tomlinson has more than three decades’ experience in major discoveries, exploration and resource growth, mine development and financing of mining projects globally. He has also played leading roles in many successful mergers and acquisitions.

He is currently Independent Non-Executive Chairman of highly successful ASX300 Company Bellevue Gold Limited (ASX:BGL).

Mr Tomlinson was previously Managing Director of Investment Banking at Westwind Partners and Stifel Nicolaus (2006-2012), raising significant equity and providing M&A corporate advice, and is the former Chair of ASX/TSX-listed Cardinal Resources Ltd, leading its C$587 million sale to Shandong Gold. Mr Tomlinson was also a Non-Executive Director at Centamin Plc (TSX:CEE), which discovered and built a significant gold mine in Egypt.

Mr Tomlinson is a Fellow of the Chartered Institute of Securities and Investment (CISI), a Fellow of the Institute of Directors and a Liveryman of the Worshipful Company of International Bankers (UK). He holds a Bachelor of Science (Honours) and a Masters degree in Structural Geology and has a Graduate Diploma in Finance and Investment, Banking, Corporate, Finance and Securities Law from the Securities Institute of Australia. He is currently a Non-Executive Director of Kodiak Copper Corp (TSX-V:KDK) and Churchill Resources Inc (TSX-V:CRI).

Executive Chairman Ray Shorrocks said: “Kevin brings a wealth of experience across all aspects of the resources industry, ranging from exploration and development to production and corporate transactions.

“His skills and knowledge will be invaluable to AuTECO as we implement our strategy to continue growing the 2.3Moz Resource (at 7.8g/t Au) at our Pickle Crow Project in Canada and demonstrate the immense value of this asset to the global investment community.”

Subject to shareholder approval, Mr Tomlinson will be issued 6 million performance rights under the Company’s Employee Securities Incentive Plan which vest in three equal tranches upon completion of 12, 24 and 36 months’ continuous service, respectively.

The Board wishes to take this opportunity to welcome Mr Tomlinson to the Company.

For and on behalf of the Board.

Maddison Cramer Joint Company Secretary

ASX: AUT ACN: 110 336 733 Ray Shorrocks - Executive Chairman Michael Naylor - Non-Executive Director T: +61 8 9220 9030 Principal and Registered Office: Stephen Parsons - Non-Executive Director E: info@autecominerals.com Level 2, 8 Richardson Street Kevin Tomlinson - Non-Executive Director W: www.autecominerals.com West Perth WA 6005 Darren Cooke - Chief Executive Officer William Nguyen - CFO & Joint Company Secretary Maddison Cramer - Joint Company Secretary

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ABOUT AUTECO MINERALS

AuTECO Minerals Ltd (ASX:AUT) is an emerging mineral exploration company focused on advancing high-grade gold resources at the Pickle Crow Gold Project in the world-class Uchi subprovince of Ontario, Canada.

The Pickle Crow Gold Project currently hosts a JORC 2012 Inferred Mineral Resource of 2.23 Moz at 7.8g/t gold, with a new 50,000m drilling program underway to expedite growth and further grow the resource.

Pickle Crow is one of Canada’s highest-grade gold mines – historically producing 1.5 Moz at 16g/t gold.

The Company also holds 90% interest in the Limestone Well Vanadium-Titanium Project in Western Australia.

For further information regarding AuTECO Minerals Ltd please visit the ASX platform (ASX:AUT) or the Company’s website https://www.autecominerals.com.

No new information

This announcement contains reference to Mineral Resource estimates, all of which have been extracted from the Company’s ASX announcement titled “Resource increases by 500,000oz to 2.23Moz at 7.8g/t” and dated 15 February 2022. The Company confirms that it is not aware of any new information or data that materially affects the information included in that ASX announcement and that all material assumptions and technical parameters underpinning the Mineral Resource Estimate (Inferred Resource – 8.9MT @ 7.8g/t gold for 2.23M ounces of gold) in that announcement continue to apply and have not materially modified.

Inferred Mineral Resource estimate for the Pickle Crow deposit as at 31 December 2021 (announced 15 February 2022)

15 February 2022)
Mineralisation Domain	LowerCut-off	Tonnes(Mt)	Gold Grade(g/t)	Gold(Million oz)
Quartz Lodes	3.5g/t	6.4	9.3	1.92
Alteration Hosted (BIF)	2.0g/t	2.5	3.8	0.30
TOTAL		8.9	7.8	2.23

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