ORE RESOURCES LIMITED — Interim / Quarterly Report 2014

Nov 2, 2014

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Quarterly Activities Report as at 30 Se tember 2014 p

ASX Code: AOU

Securities on Issue:

33,310,015 fully paid ordinary shares (quoted)

25,000,000 fully paid ordinary shares (restricted)

21,800,000 partly paid shares (restricted)

4,000,000 options exercisable at $0.15 expiring 18/7/2016

Mozambique-focused emerging gold producer, Auroch Minerals NL (ASX:AOU) ( Auroch or the Company ) provides shareholders with the following summary of its activities during the September quarter.

Voluntary Suspension

On 15 August 2014 Auroch requested a trading halt from the ASX pending an announcement in relation to a resource update at its 100% Manica Gold Project, Mozambique. Subsequently the Company requested a voluntary suspension while the resource update is being finalised.

Directors

Glenn Whiddon (Executive Chairman)

Nicholas Ong (Non-executive Director)

Jan Nelson (Non-executive Director)

Company Secretary

Capital Movements

During the quarter, the Company issued 217,500 ordinary shares and 4,000,000 options exercisable at $0.15 per share on or before 18 July 2016 in connection with the convertible note facility announced on 23 April 2014. In addition, the Company bought back and cancelled 1,400,000 Employee Share Scheme shares.

At the end of the quarter the Company had 58,310,015 ordinary shares, 21,800,000 party paid shares and 4,000,000 options exercisable at $0.15 per share on or before 18 July 2016 on issue.

Matthew Foy

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

Contact

Office J, Level 2 1139 Hay Street West Perth WA 6005

Tel: +61 8 9486 4036 Fax: +61 8 9486 4799

Auroch Minerals NL

Glenn Whiddon Chairman

T: +61 8 9486 4036 E: glenn@lagral.com

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Interest in Mining Tenements

Mozambique

Tenement	Tenement ID	Status	Interest at beginning of quarter	Interest acquired or disposed	Interest at end of quarter
Manica Gold Project	3990C	Granted	100%	-	100%
Mucurumadzi Project1	5026L	Granted	-	-	-
Gondola Project1	5000L	Granted	-	-	-
Sussundenga Project1	4800L	Granted	-	-	-

1 Tenements proposed to be acquired from Republic Gold Limited (refer ASX announcement 11 June 2014)

Tenement	Tenement ID	Status	Farmin Interest at beginning of quarter	Farm-in Interest acquired or disposed	Farm-in Interest at end of quarter
Baobab Farm-in	1022L	Granted	-	-	-

Western Australia

Tenement	Tenement ID	Status	Interest at beginning of quarter	Interest acquired or disposed	Interest at end of quarter
Crawford	E09/1899	Granted	100%	-	100%
Beete	P63/1646	Granted	100%	-	100%
Peninsula	P63/1694	Granted	100%	-	100%

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