ORE RESOURCES LIMITED — Board/Management Information 2014

Jun 1, 2014

2 June 2014

Market Announcements Platform ASX Limited Exchange Centre 20 Bridge Street Sydney NSW 2000

Auroch Restructures Board and Management

Mozambique-focused emerging gold producer, Auroch Minerals NL (ASX: AOU) ( Auroch or the Company ), is pleased to advise of a Board and management restructure effective 31 May 2014.

Dean Cunningham will step down as Managing Director of Auroch with immediate effect as the Manica Gold Project gains momentum and moves into the development and construction phase. He will remain on as a consultant assisting the Executive Chairman in securing ongoing project financing from South African Banks required for the development phase of the project.

Glenn Whiddon will become Executive Chairman. Professor Jim Porter will assume the role of Chief Operations Officer with immediate effect. Prof. Porter is a Consulting Engineer with 37 years’ operational, project management and consulting engineering experience. He is a registered Project Management Professional (PMP) and Fellow of the Southern African Institute of Mining and Metallurgy. Prof. Porter is also Adjunct Professor and Director for the Centre of Mechanised Mining Systems at Wits University, Chairman and CEO of a gold exploration company in Zimbabwe and Senior Vice President of the Southern African Institute of Mining and Metallurgy.

The Company is pleased to advise of the appointment of Mr Nicholas Ong as Non-Executive Director. Mr Ong spent seven years as a Principal Advisor at the ASX overseeing the listings of over a hundred companies. He has since worked as a director and company secretary to listed companies and has developed a wide network of private client advisers, high net worth individuals and sovereign fund managers. Mr Ong also currently holds the position of Executive Director of Excelsior Gold Limited (ASX:EXG).

Executive Chairman Glenn Whiddon commented “The Company is moving into an exciting development phase. Dean remains a significant shareholder and a valued contributor to the Company in a consultant capacity. We wish him well and thank him for his valued time and effort over the past 17 months.”

For further information please visit www.aurochminerals.com or contact:

Glenn Widdon Executive Chairman Auroch Minerals NL T: +61 8 9486 4036 E: glenn@lagral.com