ORE RESOURCES LIMITED — Board/Management Information 2018

Jun 4, 2018

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5 June 2018 Market Announcements Platform ASX Limited Exchange Centre 20 Bridge Street Sydney NSW 2000

Appointment of Chief Executive Officer and Board Changes

Auroch Minerals Limited ( ASX:AOU ) ( Auroch or the Company ) is pleased to announce the appointment of Mr Aidan Platel as Chief Executive Officer. Mr Platel has worked with Auroch for over 12 months as a consultant evaluating projects and more recently planning the work and drill programmes commencing on the Company’s recently acquired Arden and Bonaventura Projects in the world-class base-metal mining region of South Australia.

Mr Platel is a geologist with close to 20 years’ experience in the minerals industry, in both mining and exploration roles across a wide range of commodities. Recently, Mr Platel has worked as an independent strategic consultant focusing on project evaluation, prior to which he spent 12 years in South America in mining and exploration. He has a proven track record of exploration success having discovered and developed several major deposits including the world-class Santa Rita Nickel deposit (>1Mt contained Ni metal). Mr Platel’s appointment commenced effective 1 June 2018, with the terms of his appointment detailed in Appendix A.

The Company is also pleased to advise that Mr Adam Santa Maria has been appointed to the Board as a Non-Executive Director. Mr Santa Maria is an experienced corporate finance and public company executive and co-founder of Discovery Capital Partners, an emerging boutique investment house and advisory firm focused on identifying and developing potential tier 1 assets and businesses and which has led or advised on over $100 million in transactions since its inception in 2017. Both as a practising lawyer and investment banker, he has advised many of Australia’s leading and emerging companies on a number of significant corporate and commercial transactions throughout all stages of their development. Mr Santa Maria has particular expertise in corporate and commercial law and transaction execution, focussing on equity capital markets, corporate governance and M&A.

Auroch Executive Chairman Glenn Whiddon commented : “We are delighted to have Aidan and Adam join Auroch’s management team and board respectively. With Aidan’s successful experience in mining and exploration and Adam’s wide-ranging capital markets and M&A experience, which are both critically important, it ensures that the Arden and Bonaventura Projects are developed and funded successfully as we move to unlock value at these highly prospective projects.”

With Auroch focusing on the Arden and Bonaventura Projects, Mr David Lenigas and the Company believe that Mr Santa Maria’s skillset and appointment to the Board will allow Mr Lenigas to focus on other business commitments, particularly the emerging Pilbara gold and base metals company, Artemus Resources Limited, and he has resigned accordingly. The Board will still be able to avail itself of Mr Lenigas’ skills as he will remain as an advisor to the Board. Auroch and its Board, on behalf of shareholders, would like to thank Mr Lenigas for his contribution to the Company.

Auroch Minerals Ltd ABN 91 148 966 545 1A/1Alvan St, Subiaco WA 6008 Phone: +61 8 9486 4036 Fax: + 61 8 9486 4799 PO Box 510 Subiaco WA 6904 Email: admin@aurochminerals.com.au www.aurochminerals.com.au

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

Auroch Minerals Limited

Glenn Whiddon Chairman

T: +61 8 9486 4036

Auroch Minerals Ltd ABN 91 148 966 545 1A/1Alvan St, Subiaco WA 6008 Phone: +61 8 9486 4036 Fax: + 61 8 9486 4799 PO Box 510 Subiaco WA 6904 Email: admin@aurochminerals.com.au www.aurochminerals.com.au

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Appendix A – CEO Remuneration

As CEO of Auroch, Mr Aidan Platel remuneration package includes:

• $200,000 per annum salary exclusive of superannuation;

• The company may at some time pay a performance-based bonus; and

• Notice period of two (2) months.

Auroch Minerals Ltd ABN 91 148 966 545 1A/1Alvan St, Subiaco WA 6008 Phone: +61 8 9486 4036 Fax: + 61 8 9486 4799 PO Box 510 Subiaco WA 6904 Email: admin@aurochminerals.com.au www.aurochminerals.com.au