Mineral Resource and Ore Reserve

Competent Persons Statements

Compilation of the drilling database, assay validation and geological interpretations for the Peak Mineral Resource Estimate were completed by Chris Powell, BSc, MAusIMM, who is a full-time employee of Peak Gold Mines Pty Ltd. The Mineral Resource Estimate has been prepared by Mr Powell who 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 Competent Person as defined in the 2012 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’. Mr Powell consents to the inclusion in this report of the matters based on their information in the form and context in which it appears.

Compilation of the drilling database, assay validation and geological interpretations for the Dargues Mineral Resource Estimate was completed under the supervision of Timothy O’Sullivan, BSc (Hons), MAusIMM CP (Geo), who was a full-time employee of Aurelia Metals Limited during the relevant period. The Mineral Resource Estimate for Dargues was prepared by Mr O’Sullivan. Mr O’Sullivan 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 Competent Persons as defined in the 2012 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’. Mr O’Sullivan consents to the inclusion in this report of the matters based on their information in the form and context in which it appears.

Compilation of the drilling database, assay validation and geological interpretations for the Federation Mineral Resource Estimates as well as the Federation Mineral Resource Estimates were prepared by Timothy O’Sullivan, BSc (Hons), MAusIMM CP (Geo), who was a full-time employee of Aurelia Metals Limited during the relevant period. Mr O’Sullivan has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which they are undertaking to qualify as Competent Persons as defined in the 2012 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’. Mr O’Sullivan consent to the inclusion in this report of the matters based on their information in the form and context in which it appears.

Compilation of the drilling database, assay validation and geological interpretations for the Nymagee Mineral Resource Estimate was completed under the supervision of Timothy O’Sullivan, BSc (Hons), MAusIMM CP (Geo), who was a full-time employee of Aurelia Metals Limited during the relevant period. The Mineral Resource Estimate for Nymagee was prepared by Mr O’Sullivan. Mr O’Sullivan 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 Competent Persons as defined in the 2012 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’. Mr O’Sullivan consents to the inclusion in this report of the matters based on their information in the form and context in which it appears.

The Ore Reserve Estimate was compiled by Justin Woodward, BEng (Mining), MAusIMM, who is a full-time employee of Aurelia Metals Limited.  Mr Woodward has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity for which he is undertaking to qualify as Competent Person as defined in the 2012 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’.  Mr Woodward consents to the inclusion in this report of the matters based on their information in the form and context in which it appears.

Mineral Resource and Ore Reserve

The following is an excerpt from the Group’s annual Mineral Resource and Ore Reserve Statement (ASX Announcement: Group Mineral Resource and Ore Reserve Statement) released to the market 30 August 2023. All supporting information for the tables included in this Mineral Resource and Ore Reserve section of the 2023 Annual Report is included in that ASX Announcement.

The Statement includes the 100%-owned Peak, Federation and Dargues Mines, along with Mineral Resource Estimates (MREs) its 95%-owned Nymagee Project in New South Wales (NSW).

The MREs and Ore Reserve estimates are reported in accordance with the guidelines of the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (JORC Code 2012). Estimates are reported as at 30 June 2023.

Group MREs and Ore Reserve estimates are presented in Table 1 and Table 2. Estimates for each mine and deposit are summarised in Table 3 to Table 11.

 

Mineral Resource Estimates

Ore Reserve Estimates