OZAURUM RESOURCES LIMITED — AGM Information 2021

Nov 23, 2021

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ASX Announcement

24 November 2021

CEO’s Annual General Meeting Address

OzAurum Resources Ltd (ASX: OZM ) CEO Andrew Pumphrey will address today’s Annual General Meeting of Shareholders to be held at The Kalgoorlie Boulder Chamber of Commerce and Industry Meeting Rooms, 58 Egan Street, Kalgoorlie, Western Australia at 1.00pm (WST) and refer to the Company’s recent Investor Presentation, a copy of which is attached.

Stephen Hewitt-Dutton CFO and Company Secretary

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OzAurum Resources Limited ABN 63 643 244 544 Unit 1, 15 Williams St, West Kalgoorlie WA 6430 | PO Box 10396, Kalgoorlie WA 6430 | info@ozaurumresources.com

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Exploring Large-scale Gold Potential In Western Australia OzAurum Resources Limited (ASX: OZM)

Important Information

This presentation has been prepared by OzAurum Resources Limited (ACN: 643 244 544) and its subsidiary (“ Company ”) and is for information purposes only. No representation or warranty, express or implied, is made as to the fairness, accuracy, relevance completeness or correctness of the information, opinions and conclusions contained in this presentation and nothing contained in the Presentation is, or may be relied upon as a promise, representation or warranty, whether as to the past or the future. This presentation has been prepared without taking into account the investment objectives, financial situation or particular needs of any participant. Past performance is no guarantee of future performance. The Company hereby excludes all warranties that can be excluded by law.

This presentation contains prospective financial material which is predictive in nature and may be affected by inaccurate assumptions or by known or unknown risks and uncertainties and may differ materially from results ultimately achieved. This presentation contains general background limited information about the Company and its activities current as at the date of this presentation. The information in this presentation is in summary form only and does not contain all the information necessary to fully evaluate any transaction or investment.

This is not an offer

This presentation is for information purposes only. Neither this presentation nor the information in it constitutes an offer, invitation, solicitation or recommendation to subscribe for or purchase any security and does not form the basis of any contract or commitment. This presentation does not constitute investment advice and has been prepared without taking into account the recipient's investment objectives, financial circumstances or particular needs and the opinions and recommendations in this presentation are not intended to represent recommendations of particular persons. All recipients should consider seeking appropriate professional advice in reviewing this presentation and the Company.

Forward looking statements

This presentation contains forward-looking statements. All statements other than those of historical facts included in this presentation are forward-looking statements. Where the Company expresses or implies an expectation or belief as to future events or results, such expectation or belief is expressed in good faith and believed to have a reasonable basis. However, forward-looking statements are subject to risks, uncertainties and other important factors, which could cause actual results performance or achievements or industry results to differ materially from any future results performance or achievements expressed, projected or implied by such forward-looking statements. Such risks include, but are not limited to, gold and other metals price volatility, currency fluctuations, as well as political and operational risks and governmental regulation and judicial outcomes. The Company does not undertake any obligation to release publicly any revisions to any information or any forward-looking statement in this presentation of any changes in events, conditions or circumstances on which any such forward-looking statement is based. Undue reliance should not be placed on any forward looking statements.

Reliance on third party information

The views expressed in this presentation contain information that has been derived from publicly available sources that have not been independently verified. No representation or warranty is made as to the accuracy, completeness or reliability of the information. This presentation should not be relied upon as a recommendation or forecast by the Company.

Competent Persons Statement

The information is this report that relates to exploration results is based on information compiled by Andrew Pumphrey who is a Member of the Australian Institute of Geoscientists and is a Member of the Australasian Institute of Mining and Metallurgy. Andrew Pumphrey is a full-time employee of OzAurum Resources Ltd and has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2012 edition of the “Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves”. Mr Pumphrey has given his consent to the inclusion in this report of the matters based on the information in the form and context in which it appears.

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OzAurum Resources Limited | 24 November 2021

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Investment Highlights − Focus on Discovery

High quality advanced gold projects in Western Australia

Mulgabbie North, North East Kalgoorlie

• RC drill testing multiple advanced targets over 8km strike

• Significant RC gold results confirm 1km strike

• High grade AC gold results confirm 2.8km strike − targeting follow up with deeper RC drilling into fresh rock

• Adjacent to operating 3.2 Mtpa gold Mill and next door to recent gold discovery by Nexus Minerals (NXM.ASX) − September 2021

• Limited historical exploration- currently exploring under transported cover

Patricia, North East Kalgoorlie

• High grade gold project

• RC drill testing - Open at depth

• Limited historical exploration

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Figure 1: WA Project Location plan

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OzAurum Resources Limited | 24 November 2021

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Corporate Structure & Team − Extensive Experience

Capital Structure

Directors & Management

$16.6M Market Cap At $0.145/share

114.5M Shares on issue ASX: OZM

$6.0M Nil

Cash (As at 30 Sept 2021) Debt (As at 24 Nov 2021) ASX: OZM $10.6M 13.725M Enterprise Value Unlisted Options Ex-Price $0.375 cps

Jeff Williams Non-Executive Chairman 40+ years experience Andrew Pumphrey CEO - Managing Director 30+ years experience Martin Holland Executive Director Corporate 15+ years experience Andy Tudor Non-Executive Director (NXM: Managing Director) 35+ years experience Stephen Hewitt-Dutton CFO/Company Secretary 25+ years experience

Major Shareholders

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37.7% Andrew Pumphrey 10.0% Martin Holland 2.8% Bedivere Holdings Pty Ltd 1.9% HSBC Custody Nominees (Australia) Limited 0.9% Parkview Super Nominees Pty Ltd (Jeff Williams) 46.7% Other

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OzAurum Resources Limited | 24 November 2021

Strategic Location − In a Plus 30Moz Gold District

Eastern Norseman-Wiluna Greenstone belt near the Kalgoorlie Goldfield in Western Australia

• OzAurum’s Mulgabbie North and Patricia Projects − strategically located and in the heart of WA Eastern Goldfields 130 km NE of Kalgoorlie

• −

• Keith Kilkenny + Laverton Tectonic Zones Major structural corridors in the 30Moz Gold District

• Projects closely neighbour a number of existing mining operations and gold processing plants in the area − historically producing high grade gold mineralisation

• Mulgabbie North Project is strategically located 2km directly adjacent Northern Star’s Carosue Gold Dam Mine (~3.5moz) with similar rocks

• Long-standing relationships with existing stakeholders built up from working in the area for over 30 years

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Kalgoorlie
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Figure 2: Eastern Goldfields Project Location plan

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OzAurum Resources Limited | 24 November 2021

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Extensive Drilling −60,000M Combined RC and AC

Systematic exploration approach

• Large drill campaign − 22,500m Reverse Circulation (RC) + 37,500m Aircore (AC) drilling completed since ASX-listing in February 2021

• Exploration focused at both 100% owned Mulgabbie North and Patricia Gold Projects

• Significant gold mineralisation intersected in both RC and AC drilling programs at the Mulgabbie North and Patricia Projects to date

• Mulgabbie North AC drilling intersects widespread gold mineralisation − high priority targets for future RC drilling

• Extensive drill hole database established −integrating historical open file drill data including data from the Carosue Dam deposits

• Modern exploration techniques employed including: gravity, close spaced drone magnetics, hyperspectral analysis and BOH whole rock geochemistry

• High quality technical geology is the key to unlocking the significant gold discovery potential at Mulgabbie North and Patricia

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Figure 3: RC drill rig onsite at Mulgabbie

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Figure 4: RC drilling Patricia

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OzAurum Resources Limited | 24 November 2021

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Mulgabbie North Gold Project − Unlimited Potential

Opportunity for multiple deposits in a defined gold corridor

• 100% owned Mulgabbie North Gold Project

• Granted Tenure including key Mining Lease M28/240

• Exploring 8km of strike along the Relief Shear adjacent to Northern Star’s Carosue Dam Mine

• Adjoining 3.5 Moz NST Karari + Whirling Dervish gold mines under 20-30m of cover, small footprints of only 700-800m strike

• Previously underexplored with limited drilling despite significant gold endowment in the belt: 20-30m recent transported cover prevented historical discovery

• Numerous new targets for RC drill testing

• Gold mineralisation open at depth and along strike

• Mulgabbie North has all the hallmarks indicating potential for a significant gold discovery

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Figure 5: Mulgabbie North Project plan

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OzAurum Resources Limited | 24 November 2021

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Mulgabbie North RC Drilling – 16,500m Drilled

OzAurum Mulgabbie North RC results over 1km strike

• −

• 10m @ 4.6 g/t gold (Au) including 4m @ 10.26 g/t Au MNORC 012

• 14m @ 3.89 g/t Au − MNORC 038

• 20m @ 1.91 g/t Au from 25m within 46m @ 1.04 g/t Au − MNORC 040

Wide intervals of Gold mineralisation in RC

• 44m @ 1.06 g/t Au from 107m − MNORC 033

• 41m @ 1.00 g/t Au from 42m − MNORC 047

• 35m @ 1.10 g/t Au from 124m − MNORC 042

New Western Primary Gold Mineralisation in RC

• 20m @ 1.16 g/t Au from 89m − MNORC 088

• 19m @ 1.02 g/t Au from 112m − MNORC 058

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Figure 6: Mulgabbie North RC Plan

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OzAurum Resources Limited | 24 November 2021

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Mulgabbie North AC Drilling − 37,500m Drilled

OzAurum AC drilling results over 2.8km of strike

High grade AC paleochannel gold mineralisation:

• 1m @ 162.5 g/t gold (Au) from 27m − MNOAC 120

• 1m @ 34.5 g/t Au from 27m − MNOAC 144

• 1m @ 31 g/t Au from 34m − MNOAC 130

Significant AC Saprolite gold mineralisation:

• 3m @ 2.07 g/t Au from 64m − MNOAC 019

• 13m @ 1.06 g/t Au from 50m − MNOAC 106

• 3m @ 2.28g/t Au from 71m to EOH − MNOAC 115

New Western AC gold mineralisation:

• 4m @ 5.02 g/t Au from 24m − MNOAC 326

• 4m @ 1.40 g/t Au from 28m − MNOAC 326

• 4m @ 4.54 g/t Au from 40m − MNOAC 326

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Figure 7: Mulgabbie North AC cross section

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OzAurum Resources Limited | 24 November 2021

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Mulgabbie North – Widespread Gold Mineralisation

Right host rocks, extensive alteration and mineralisation

• 2.8km long x up to 150m wide zone of widespread gold mineralisation on the Relief Shear situated in gravity low trough similar to Carosue Dam corridor of riches.

• 10,000m RC planned targeting AC gold intersections and Relief Shear prospects

• AC drilling planned along strike immediately south to test for extensions

• 40-80m wide zone of hematite alteration intersected in the bottom of the AC holes − defining a trend striking NW for approximately 2.8kms, and situated 150m west of the Relief Shear

• Hematite alteration is the characteristic alteration of the adjacent Northern Star’s Karari and Whirling Dervish Gold Mines

• Intermediate − felsic volcaniclastic host rocks, extensive sericite alteration

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Figure 8: Mulgabbie North AC Max gold

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OzAurum Resources Limited | 24 November 2021

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Patricia – High Grade Gold Project

Potential high grade gold discovery opportunity

• 100% owned situated north east (NE) of Kalgoorlie + 40km NE of Mulgabbie

• Granted Mining Lease M31/487

• Open pit approximately 800m long x 150m wide x 25m deep

• Historical production (1930-1937) of 5,384 oz’s gold − 41 g/t Au

• Targeting high grade gold mineralisation at depth

• Located on a 10-15° flexure in stratigraphy adjacent to a 1km long porphyry intrusion

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• Previous exploration limited

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Kalgoorlie
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Figure: 9 Patricia Gold Project Interpreted Geological Plan

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OzAurum Resources Limited | 24 November 2021

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Patricia RC Drilling − 6,530m Drilled

Recent OzAurum RC – high grade gold intersections

• 4m @ 38.08 g/t gold (Au) −(from 99m within 8m @ 20.9 g/t Au) −

• including 1m @ 93.9 g/t Au PTORC 002

• 5m @ 37.11 g/t Au – (from 154m) – including 1m @ 90.4 g/t Au, 1m @ 63.60 g/t Au – PTORC 024

• 1m @ 21.00 g/t Au −(from 118m) − PTORC 002

• 5m @ 37.11 g/t Au – (from 154m) −including 1m @ 90.4 g/t Au, 1m −

• @ 63.60 g/t Au, 1m @ 16 g/t Au PTORC 024

• Visible gold intersected in two RC holes PTORC 022 (154-155m) and PTORC 024 (155-157)

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• Assays for 6 RC drill holes still pending

• Diamond drilling program planned to commence shortly

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Kalgoorlie
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Figure: RC drilling at Patricia
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Figure: 10 Patricia Gold Project RC drill results Plan

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OzAurum Resources Limited | 24 November 2021

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Ongoing Advanced Exploration − Timeline

OzAurum will continue exploration of the Mulgabbie and Patricia Projects, with the objective of discovering significant economic gold deposits capable of being developed.

Mulgabbie Gold Project	Q4 2021	Q1 2022	Q2 2022
Aircore drilling - Mulgabbie North	●	●
Reverse Circulation drilling - Mulgabbie North	●	●
Diamond Drilling		●	●
Patricia Gold Project	Q4 2021	Q1 2022	Q2 2022
Reverse Circulation drilling	●	●
Diamond Drilling		●
Geological Mapping + structural interpretation		●	●

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OzAurum Resources Limited | 24 November 2021

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OzAurum Directors Martin Holland and Andrew Pumphrey (left to right)

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For further information, please contact: CEO Andrew Pumphrey

andrew@ozaurumresources.com +61 3 9093 0039 PO Box 10396, Kalgoorlie 6430