ORE RESOURCES LIMITED — Board/Management Information 2021

Feb 9, 2021

ASX ANNOUNCEMENT

10 February 2021

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AUROCH APPOINTS NON-EXECUTIVE DIRECTOR AND CHIEF FINANCIAL OFFICER

Auroch Minerals Limited (ASX:AOU) (Auroch or the Company) is pleased to announce that effective from today, the appointment of:

• Mr Trevor Eton as Non-Executive Director (NED) of the Company

• Ms Rebecca Moylan as Chief Financial Officer (CFO) of the Company

Mr Trevor Eton

Mr Eton is a well-respected finance executive with over 35 years’ extensive experience in corporate finance within the minerals industry. His previous full-time role was as CFO and Company Secretary of sulphide nickel producer, Panoramic Resources Limited ( ASX:PAN ) ( Panoramic ) from 2003 to 2020 in which he was instrumental in the financing, construction and development of the Savannah Nickel Project and the acquisition and subsequent development of the Lanfranchi Nickel Project, which saw the company reach a market capitalisation exceeding $1 billion in 2007. Prior to Panoramic, he held corporate finance roles with various other resource companies, including diversified metal producers, MPI Mines Limited (MPI) and Australian Consolidated Minerals Limited (ACM).

Trevor holds a Bachelor of Arts (Hons.) degree with a major in Economics from the Victoria University of Wellington (VUW), New Zealand, a Post Graduate Diploma in Management from the Melbourne Business School and is an Associate Fellow of the Australian Institute of Management (AFAIM).

Ms Rebecca Moylan

Ms Moylan is an experienced CFO with expertise in financial and corporate management, accounting, project financing and contract negotiation. During her career in the mining industry, she has spent nearly 10 years in various senior roles. This has included positions as CFO and Company Secretary of several ASX-listed companies.

Ms Moylan holds a Bachelor of Business (Accounting and Finance), is a Certified Practicing Accountant (CPA), a fellow of Financial Services Institute of Australasia and a Graduate Member of Australian Institute of Company Directors (GAICD).

Auroch Managing Director Aidan Platel commented:

“ We are extremely pleased that Trevor has joined Auroch’s Board of Directors. His nickel industry knowledge, leadership and experience in all areas of corporate finance, treasury, off-take, risk management, cost control and equity markets will be a tremendous asset as the Company continues to aggressively explore and develop its Saints, Leinster and Nepean Nickel Projects in Western Australia. We are also very pleased to welcome Rebecca to the Auroch team as CFO. Her wealth of knowledge and experience gained in similar roles for other ASX-listed resource companies will be invaluable as the Company builds the team it needs to aggressively progress its high-quality nickel sulphide portfolio.”

This announcement has been authorised by the Board of Directors of the Company.

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For further information visit www.aurochminerals.com or contact: Aidan Platel Managing Director E: aplatel@aurochminerals.com