OZAURUM RESOURCES LIMITED — Investor Presentation 2021

Feb 7, 2021

==> picture [238 x 75] intentionally omitted <==

==> picture [440 x 171] intentionally omitted <==

==> picture [425 x 171] intentionally omitted <==

OzAurum Resources Limited (ASX: OZM)

OzAurum exploring two highly strategic gold projects in the Eastern Goldfields, Western Australia

Mulgabbie Gold Projects, Eastern Goldfields, Westerns Australia | February 2021

==> picture [94 x 30] intentionally omitted <==

Disclaimers

• 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.

Confidentiality

• The contents of this presentation are highly confidential. The presentation and its contents must not be reproduced or distributed by the recipient to any third party, including the press. Each person who has received a copy of this presentation (whether or not such person subscribes for shares in the Company) is deemed to have agreed: (i) not to reproduce or distribute this presentation, in whole or in part, without the prior written consent of the Company, other than to the recipient’s legal, tax, financial and other advisors on a need to know basis, (ii) without the prior written consent of the Company, not to disclose any information contained in this presentation except to the extent that such information was (a) previously known by such person through a source (other than the Company) not bound by any obligation to keep such information confidential, (b) in the public domain through no fault of such person, or (c) lawfully obtained at a later date by such person from sources (other than the Company) not bound by any obligation to keep such information confidential, and (iii) to be fully responsible for, and indemnify the Company against, any disclosure of this presentation, or the information contained herein, by such person or any of its employees, agents or representatives in contravention of these terms of confidentiality.

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. All results in this presentation have been previously disclosed in the Company’s Prospectus dated 10 December 2020.

2

Mulgabbie Gold Projects, Eastern Goldfields, Westerns Australia | February 2021

==> picture [94 x 30] intentionally omitted <==

Investment Summary

==> picture [166 x 416] intentionally omitted <==

• OzAurum Resources has two gold projects located in the Norseman-Wiluna Greenstone Belt of the Eastern Goldfields Province of the Yilgarn Craton: the Mulgabbie and Patricia Projects.

• The Managing Director and CEO, Andrew Pumphrey, began securing tenements at Mulgabbie from as early as 1990. The Mulgabbie Projects represent a strategic landholding in a proven gold belt near existing mine operations.

• Dual RC and Aircore drill rigs commenced 50,000m drilling program – extensive news flow and assays throughout the next period

• The Mulgabbie Projects represent a strategic landholding in a proven gold belt near existing mine operations. These areas are an important targets for future deep RC and diamond drilling.

• The Patricia Project encompasses the historic Patricia Gold Mine, which was operational until 1937 when production ceased.

• OzAurum Resources has assembled a skilled Board, comprising Directors who have a wide range of experience, with a proven track record of successful mineral exploration, discovery and development.

• OzAurum Resources has raised $12 million via IPO to enable it to:

• systematically undertake exploration and evaluation of OzAurum Resources’ projects, aimed at a discovery of a mineral resource within those projects;

3

Mulgabbie Gold Projects, Eastern Goldfields, Westerns Australia | February 2021

==> picture [94 x 30] intentionally omitted <==

Directors & Management – Strong executive Leadership

==> picture [89 x 106] intentionally omitted <==

==> picture [105 x 106] intentionally omitted <==

==> picture [99 x 112] intentionally omitted <==

==> picture [109 x 109] intentionally omitted <==

==> picture [109 x 109] intentionally omitted <==

Jeffrey Williams Non-executive Chairman

Andrew Pumphrey Founder, Managing Director and CEO B.Sc. (Geology & Mineral Exploration), Associate Diploma – Mine Surveying (WASM) MAusIMM, MAIG

Mr Williams has over 40 years’ Mr Pumphrey is a geologist and mine experience in the mining industry, with surveyor with over 30 years’ experience 16 years’ experience as a professional in the mineral exploration industry. He mining engineer in Australia and seven has extensive field experience in years in the stockbroking industry. Mr exploring for gold, nickel, silver and zinc Williams is a Fellow of the Australasian throughout Western Australia and has Institute of Mining and Metallurgy. His been involved with several mining experience ranges from mine underground and open pit gold planning, underground management operations. Based in Kalgoorlie since and feasibility studies through to mine 1989, Mr Pumphrey has operated a development. Mr Williams was the successful exploration contracting Managing Director of Mineral Deposits business and has an extensive Ltd for 15 years and departed in late knowledge of the geology of the 2011. He secured the Sabodala gold and Eastern Goldfields. For the last five Grande Cote zircon projects in Senegal years, Mr Pumphrey has been working in West Africa, and commenced gold as the Operations Manager and General production in March 2009. The market Manager for MacPhersons Resources capitalisation of Mineral Deposits Ltd Ltd and Horizon Minerals (ASX:HRZ). He increased from A$6m in 2003 to over previously worked as the Exploration A$1b in 2011. Manager for MacPhersons Resources Ltd for four years.

Martin C Holland Non-executive Director

Mr Holland is the co-founder, Chairman and Managing Director of Cobre Ltd (CBE:ASX). He is a known mining executive with over 12 years’ experience in M&A and corporate finance. Mr Holland was the founder and CEO of Lithium Power International (LPI:ASX) from 2015 to 2018. During this period, Mr Holland raised in excess of A$70m of new equity to progress LPI’s projects from acquisition and further exploration to a definitive feasibility study. Mr Holland is the Chairman of Sydney based investment company, Holland International Pty Ltd, which has strong working relationships with leading institutions and banks across the globe.

Andy Tudor Non-executive Director BAppSc(Geol), MAusIMM, MAIG

Mr Tudor’s experience has been gained over 34 years as a geologist in the mining industry. He has encompassed roles ranging from Managing Director/CEO of ASX listed companies to General Manager, Country Manager and Exploration Manager roles, as well as exploration and mine geology functions. Mr Tudor has also held the position of General Manager and Principal Consultant of a global mineral consulting firm where his role concentrated on project assessment, due diligence and evaluation studies, in conjunction with geological and resource assessments. Mr Tudor’s career commenced exploring and mining gold in Western Australia and progressed to the varying gold and base metal environments of the Australasian/Pacific region.

Stephen Hewitt-Dutton Company Secretary

Mr Hewitt-Dutton has over 20 years of experience in corporate finance, accounting and company secretarial matters. He is an Associate Director of Trident Capital Pty Ltd and holds a Bachelor of Business from Curtin University. Before joining Trident Capital Pty Ltd, Mr Hewitt-Dutton worked in a big 4 accounting firm and corporate accounting roles, and most recently was an Associate Director of Carmichael Corporate Pty Ltd, where he assisted clients by providing equity market, IPO and M&A advice and assistance. He has also held Financial Controller and Company Secretary positions for both public and private companies in excess of 15 years.

4

Mulgabbie Gold Projects, Eastern Goldfields, Westerns Australia | February 2021

==> picture [94 x 30] intentionally omitted <==

Capital structure

Capital Structure	Capital Structure
Total Shares on Issue	114.50m
Market Capitalisation	$28.63m
Cash at bank	$12m
Options on Issue1	13.32m
Restricted Securities	62.48m
Unrestricted Securities	52.02m

Top 5	Shares1	Ownership1
Andrew Ian Pumphrey	43,136,500	37.67%
Holland international Pty Ltd as trustee for the Holland Family Trust	10,400,000	9.08%
CS Third Nominees Pty Limited CUST NOM AU 13 A/C>	6.080.000	5.31%
Bedivere Holdings Pty. Ltd Glastonbury A/C>	3,208,500	2.80%
HSBC Custody Nominees (Australia) Limited	2,557,289	2.23%

1. The Company has issued 8 million options to existing shareholders exercisable at a 50% premium to the issue price of the IPO offer with a 5-year expiry. The Lead Manager will also receive broker options equating to up to 5% of the share capital of the Company (on a fully diluted basis) exercisable at a 50% premium to the issue price of the IPO offer with a 3-year expiry.

5

Mulgabbie Gold Projects, Eastern Goldfields, Westerns Australia | February 2021

==> picture [94 x 30] intentionally omitted <==

The Founder and Managing Director has compiled this portfolio of tenements over a 30 year period and 2021 is the year to advance extensive exploration

==> picture [432 x 242] intentionally omitted <==

Andrew Pumphrey, a Kalgoorlie-Boulder geoscientist says increased interest from mining companies in a remote exploration district he has traversed for 30 years points to growing potential for it to hold new gold discoveries.

Sitting in the shadow of Saracen’s Carosue Dam gold mine, the region, more than 100 km north-east of Kalgoorlie, has also become a hub for greenfields exploration.

Andrew Pumphrey and his associates have held leases around the historic Mulgabbie mining centre near Carosue Dam for three decades, a place that has been worked since 1903 and known as one of the few locations outside the Golden Mile that contain gold in tellurides.

“There’s been a considerable amount of alluvial gold that’s come out of that area since I’ve been involved in it, probably well over 1000 ounces,” he said.

“What’s really interesting about it is you’ve got Breaker down that southern end with their new discovery (Bombora).

“You’ve got Apollo to the east at Lake Rebecca and then Carosue Dam.”

He said increased activity from Saracen and promising drilling from St Barbara had given him more confidence in the prospectivity of the district.

6

Mulgabbie Gold Projects, Eastern Goldfields, Westerns Australia | February 2021

==> picture [94 x 30] intentionally omitted <==

Near Kalgoorlie Goldfield in Western Australia

==> picture [56 x 50] intentionally omitted <==

==> picture [422 x 353] intentionally omitted <==

Strategic landholding secured in highly mineralised eastern Norseman-Wiluna Greenstone belt.

• 100% Ownership.

• Prospective and strategic exploration landholding via granted Mining Leases, Prospecting Licences, Exploration Licences and Miscellaneous Licences.

• A number of open pit and high grade underground gold mines in the region.

• Numerous drill-ready exploration targets - drill hole locations planned with contractors locked in.

• Access via the well maintained Kalgoorlie Tropicana access road.

7

Mulgabbie Gold Projects, Eastern Goldfields, Westerns Australia | February 2021

==> picture [94 x 30] intentionally omitted <==

Plus Thirty Million Ounce Gold Province

==> picture [289 x 393] intentionally omitted <==

• Mulgabbie North lies on the Relief Shear at the contact between the mafic and felsic sequences. This is a geological feature that has emerged as a locator of a significant gold mineralising system.

• Patricia is a high-grade gold project open at depth.

• This coveted gold producing region has hosted a number of plusmillion ounce endowments.

• The Mulgabbie Perseverance and surrounding historical gold mines have historically produced some high grade gold Mineralisation, which is found on the contact between basalt and dolerite. These areas are an important target for future deep RC and diamond drilling.

==> picture [56 x 50] intentionally omitted <==

8

Mulgabbie Gold Projects, Eastern Goldfields, Westerns Australia | February 2021

==> picture [94 x 30] intentionally omitted <==

50,000m Stage 1 Dual-Rig Exploration Program Commenced

==> picture [351 x 310] intentionally omitted <==

Stage 1 drilling campaign 20,000m RC + 30,000m Aircore

• Initial drilling focussed at Mulgabbie North similar stratigraphy to the Carosue Dam sequence

• High priority RC targets James and Ben prospects along Relief Shear open at depth and along strike

• Mulgabbie North AC drilling testing gold geochemistry targets parallel to Relief Shear + 2km strike of the Relief Shear

• Multi Element BOH geochemistry on all AC holes aimed at increasing our understanding of the stratigraphy, alteration and vectors to high grade gold mineralisation

• Mulgabbie Camp + Offices and Infrastructure established ahead of drilling

9

Mulgabbie Gold Projects, Eastern Goldfields, Westerns Australia | February 2021

==> picture [94 x 30] intentionally omitted <==

Mulgabbie Gold Projects – Overview

==> picture [56 x 50] intentionally omitted <==

==> picture [402 x 353] intentionally omitted <==

• Mulgabbie North is underexplored with limited drilling despite gold endowment in the belts.

• Extend and upgrade resource to JORC 2012 compliance.

• Gold mineralisation open at depth and along strike.

• OzAurum drilling has already commenced and assays received from Mulgabbie drilling.

• Drilling planned to establish JORC compliant resources and reserves in short to medium term. 20,000 metres Aircore Drilling; and 40,000 metres RC drilling

10

Mulgabbie Gold Projects, Eastern Goldfields, Westerns Australia | February 2021

==> picture [94 x 30] intentionally omitted <==

Opportunity for Multiple Deposits in defined gold corridor adjacent to Carosue Dam

==> picture [56 x 50] intentionally omitted <==

==> picture [390 x 341] intentionally omitted <==

Exciting Potential

Mulgabbie Area contains highly encouraging exploration vectors:

• Major Trans Lithospheric Structure (Keith-Kilkenny Fault) – important structural locator of gold mineralisation in the Mulgabbie area.

• Greenschist facies metamorphism and sericite + carbonate alteration with pyrite and arsenopyrite which is a characteristic of large mesothermal lode Au deposits.

• Location of gold mineralisation occurring where flexures of 10–15° occur in strike of rock units.

Magnetic image of the Carosue Dam district showing local gold deposits within the main structures.

11

Mulgabbie Gold Projects, Eastern Goldfields, Westerns Australia | February 2021

==> picture [94 x 30] intentionally omitted <==

Mulgabbie North Project – Significant Gold Discovery

==> picture [56 x 51] intentionally omitted <==

==> picture [504 x 380] intentionally omitted <==

Mulgabbie North 8900N High Grade Gold Zone EDRC 025 5m @ 7.85 g/t Au inc 1m @ 23.0 g/t Au MNRC 001 6m @ 3.77 g/t Au inc 1m @ 9.06 g/t Au MNRC 002 6m @ 4.41 g/t Au inc 1m @ 9.57 g/t Au

• Extensive alteration and mineralisation footprint over 2km typical of a large gold system.

• Plans to extend and upgrade resource to JORC 2012 compliance beneath existing mineralisation.

12

Mulgabbie Gold Projects, Eastern Goldfields, Westerns Australia | February 2021

==> picture [94 x 30] intentionally omitted <==

Mulgabbie North Project – Significant Gold Discovery

==> picture [56 x 51] intentionally omitted <==

==> picture [504 x 379] intentionally omitted <==

OzAurum October 2020 RC + DD drilling - 9600 N zone selected results including:

MNORC 001 5m @ 2.21 g/t Au MNORC 002 4m @ 1.68 g/t Au MNORC 004 6m @ 2.65 g/t Au MNORC 005 6m @ 1.77 g/t Au MNORC 006 10m @ 1.60 g/t Au MNORC 007 1m @ 4.38 g/t Au EOH MNODH 001 5m @ 1.86 g/t Au 5m @ 1.82 g/t Au 5m @ 1.35 g/t Au

In conjunction with solid drill results including:

• Section 9600N

EDRC 001 30m @ 1.20 g/t Au inc 13m @ 2.26 g/t Au EDDH 002 6m @ 2.15 g/t Au EDRC 010 40m @ 1.00 g/t Au EDR 276 12m @ 2.72 g/t Au

13

Mulgabbie Gold Projects, Eastern Goldfields, Westerns Australia | February 2021

==> picture [94 x 30] intentionally omitted <==

Patricia Project –High Grade Gold Project

==> picture [56 x 50] intentionally omitted <==

==> picture [279 x 331] intentionally omitted <==

High grade historic gold production

Historical records show 4,115 tonne of ore was treated for 5,384 oz of gold

Only shallow RC + Diamond drilling undertaken

Diamond Drilling returned high grade intercepts beneath pit including:

PT 001 5m @ 18.8 g/t Au incl 1m @ 80 g/t Au PT 005 4m @ 38.4 g/t Au incl 1m @ 147.5 g/t Au PT 024 2m @ 22.8 g/t Au incl 1m @ 44.50 g/t Au And below the historical pit on section 10450N:

PT 012 2m @ 14.39 g/t Au PT 110 1m @ 12.50 g/t Au PT 159 1m @ 17.8 g/t Au

Mineralisation is open at depth.

The project has had very limited exploration over the last 30 years (no drilling has been undertaken).

14

Mulgabbie Gold Projects, Eastern Goldfields, Westerns Australia | February 2021

==> picture [94 x 30] intentionally omitted <==

Patricia Project – High Grade Gold Project

==> picture [56 x 50] intentionally omitted <==

==> picture [400 x 375] intentionally omitted <==

• Open at Depth.

• Targeting high grade gold extensions.

• 12,000m of RC + diamond drilling planned.

• The main imperative is to establish a well controlled 3D geological model by extension drilling at depth and along strike, leading to a JORC 2012 resource.

==> picture [234 x 176] intentionally omitted <==

Patricia pit looking south

15

Mulgabbie Gold Projects, Eastern Goldfields, Westerns Australia | February 2021

==> picture [94 x 30] intentionally omitted <==

Mulgabbie Hotel Project – Historic Bonanza Gold Grades

==> picture [306 x 379] intentionally omitted <==

• Historical gold production 1898 – 1940 7,706 oz produced at 34 oz/t or 1057 g/t.

• Vendor 1990 Underground tribute mining produced 20 tonnes at grade 64.8 g/t.

• • 1,000 oz recent alluvial tribute gold production M28/364 Hotel.

• • Dolerite hosted mineralisation and telluride mineralisation.

• Significant Intersections include: RCMC 7 22m @ 2.22 g/t Au from 4m RCMC 3 10m @ 2.64 g/t Au from 26m RCMC 6 12m @ 2.29g/t Au from 46m Photograph: Mulgabbie high grade underground gold ore M28/364 -1990 underground mining operation

16

Mulgabbie Gold Projects, Eastern Goldfields, Westerns Australia | February 2021

==> picture [94 x 30] intentionally omitted <==

Scheduled Work Plan

• OzAurum plans to focus on the exploration of the Mulgabbie Project and Patricia Project, with the objective of discovering significant economic gold deposits capable of being developed.

Mulgabbie Gold Project	Q1 2021	Q2 2021
Aircore drilling - Mulgabbie North	●	●
Reverse Circulation drilling - Mulgabbie North	●	●
Drone Magnetometer Survey Mulgabbie	●

Patricia Gold Project	Q1 2021	Q2 2021
Reverse Circulation drilling		●
Open Pit Dewatering permitting	●	●
Drone Magnetometer Survey	●
Heritage Survey	●

17

Mulgabbie Gold Projects, Eastern Goldfields, Westerns Australia | February 2021

==> picture [94 x 30] intentionally omitted <==

Why OzAurum?

• Focused gold exploration on projects in strategic locations.

• Strong Board with required technical skills.

• Projects located in the heart of WA Goldfields excellent infrastructure and multiple milling opportunities.

• The projects closely neighbour a number of existing mining operations and gold processing plants.

• The Mulgabbie Perseverance and surrounding historical gold mines have historically produced high grade gold.

• Granted Mining Leases and Miscellaneous Licenses in place – potential accelerated path to production.

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

==> picture [277 x 191] intentionally omitted <==

==> picture [276 x 156] intentionally omitted <==

Alluvial Gold found on OzAurum tenements

18

Mulgabbie Gold Projects, Eastern Goldfields, Westerns Australia | February 2021

==> picture [94 x 30] intentionally omitted <==

Tenement schedule

	Tenement / Application	Status	Registered Holder / Applicant	Beneficial Owner1	Project	Beneficial Owner Interest % share	Term	Grant	Expiry	Area (hectares (ha) or blocks(bl))
	E31/1083	Granted	Andrew Pumphrey	OzAurum Mines Pty Ltd	Patricia	100%	10 Years	2-Feb-15	1-Feb-25	1 bl
	M31/487	Granted	Andrew Pumphrey	OzAurum Mines PtyLtd	Patricia	100%	21 Years	23-Feb-16	22-Feb-37	117.6 ha
	P31/2063	Granted	Andrew Pumphrey	OzAurum Mines Pty Ltd	Patricia	100%	8 years	30-Jan-15	29-Jan-23	15.4591 ha
	L31/73	Application not yet granted	Andrew Pumphrey	OzAurum Mines Pty Ltd	Patricia	100%	N/A	N/A	N/A	79 ha
	E31/1085	Granted	Andrew Pumphrey	OzAurum Mines Pty Ltd	Mulgabbie	100%	5 Years	18-Oct-16	17-Oct-21	3 bl
	M28/240	Granted	Andrew Pumphrey	OzAurum Mines Pty Ltd	Mulgabbie	100%	21 Years	7-Jan-08	6-Jan-29	261.9 ha
	E31/1137	Granted	Andrew Pumphrey	OzAurum Mines Pty Ltd	Mulgabbie	100%	5 years	29-May-18	28-May-23	1 bl
	E28/2477	Granted	Andrew Pumphrey	OzAurum Mines Pty Ltd	Mulgabbie	100%	5 Years	18-Oct-16	17-Oct-21	18 bl
	L28/48	Granted	Andrew Pumphrey	OzAurum Mines Pty Ltd	Mulgabbie	100%	21 years	8-Feb-19	7-Feb-40	70 ha
	L28/49	Granted	Andrew Pumphrey	OzAurum Mines Pty Ltd	Mulgabbie	100%	21 years	8-Feb-19	7-Feb-40	18.29 ha
	L28/71	Application not yet granted	Andrew Pumphrey	OzAurum Mines Pty Ltd	Mulgabbie	100%	N/A	N/A	N/A	93.46 ha
	E28/3003	Application not yet granted	Andrew Pumphrey	OzAurum Mines Pty Ltd	Mulgabbie	100%	N/A	N/A	N/A	3 bl
	P28/1356	Application not yet granted	Andrew Pumphrey Michael Daffen	OzAurum Mines Pty Ltd	Mulgabbie	100%	N/A	N/A	N/A	96 ha
	P28/1357	Application not yet granted	Andrew Pumphrey Michael Daffen	OzAurum Mines Pty Ltd	Mulgabbie	100%	N/A	N/A	N/A	198 ha
	M28/364	Granted	Andrew Pumphrey Pendragon(WA)PtyLtd	OzAurum Mines Pty Ltd	Mulgabbie	100%	21 Years	25-Mar-09	24-Mar-30	54.62 ha
	P28/1301	Granted	Andrew Pumphrey Pendragon (WA) Pty Ltd	OzAurum Mines Pty Ltd	Mulgabbie	100%	4 Years	11-Jul-17	10-Jul-21	192 ha
	P28/1302	Granted	Andrew Pumphrey Pendragon (WA) Pty Ltd	OzAurum Mines Pty Ltd	Mulgabbie	100%	4Years	3-Jan-17	2-Jan-21	148 ha
	P28/1303	Granted	Andrew Pumphrey Pendragon(WA)PtyLtd	OzAurum Mines Pty Ltd	Mulgabbie	100%	4 Years	3-Jan-17	2-Jan-21	170 ha
	P28/1304	Granted	Andrew Pumphrey Pendragon (WA) Pty Ltd	OzAurum Mines Pty Ltd	Mulgabbie	100%	4 Years	3-Jan-17	2-Jan-21	186 ha
	P28/1388	Application not yet granted	Andrew Pumphrey Pendragon (WA) Pty Ltd	OzAurum Mines Pty Ltd	Mulgabbie	100%	N/A	N/A	N/A	18.24 ha
	P28/1389	Application not yet granted	Andrew Pumphrey Pendragon (WA) Pty Ltd	OzAurum Mines Pty Ltd	Mulgabbie	100%	N/A	N/A	N/A	9.78 ha
	P28/1390	Application not yet granted	Andrew Pumphrey Pendragon(WA)PtyLtd	OzAurum Mines Pty Ltd	Mulgabbie	100%	N/A	N/A	N/A	8.44 ha

1. OzAurum Mines Pty Ltd ( OzAurum Mines ) has acquired a 100% interest in all of the Tenements and Tenement Applications pursuant to the completion of the Option Agreements. Transfer of the Tenements from the Registered Holders to OzAurum Mines cannot be lodged for registration with the DMIRS until the Duty is assessed and paid, and the stamped documents are received. Accordingly, the Registered Holders listed above remain as the registered holders of the Tenements until such time as they can be transferred to OzAurum Mines. The Tenement Applications are currently held on trust for OzAurum Mines by the Registered Holders pursuant to the Option Agreements. If the Tenement Applications are granted, OzAurum Mines will apply to become the registered holder of those tenements.

19

Mulgabbie Gold Projects, Eastern Goldfields, Westerns Australia | February 2021

==> picture [94 x 30] intentionally omitted <==

Further Information

==> picture [453 x 340] intentionally omitted <==

==> picture [56 x 51] intentionally omitted <==

For further information, please contact:

CEO

Andrew Pumphrey andrew@ozaurumresources.com +61419 965 976 PO Box 10396, Kalgoorlie 6430

Mulgabbie Diamond drilling October 2020

20