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ASX Announcement 25 October 2021 ASX : AMI aurelia Quarterly Activities Report FOR THE PERIOD ENDED 30 SEPTEMBER 2021 METALS Ltd. Aurelia Metals Limited ( ASX : AMI ) ( Aurelia or the Company ) advises of the release of its quarterly activities report for the period ended 30 September 2021 . Highlights ■ ■ Zero Recordable Injuries for the Quarter . Group gold production of 27.3 koz at an All - In - Sustaining - Cost ( AISC ) of A $ 1,389 / oz ( JunQ : 22.9 koz at A $ 1,848 / oz ) , underpinned by a strong contribution from the Dargues Mine . On track for FY22 group guidance of 112 – 123 koz gold production at A $ 1,500 - 1,700 / oz AISC . Further exceptional extensional drilling results returned across Kairos , Federation and Great Cobar . Substantial reinvestment in organic growth with the Federation Feasibility Study and Great Cobar Pre- Feasibility Study progressing well ; significant Group Ore Reserve growth expected in FY22 . Mr Peter Botten appointed as a Non - Executive Director and to become Non - Executive Chairman following the 2021 Annual General Meeting ( to be held on 4 November 2021 ) . Cash at 30 September of A $ 66M ( JunQ : A $ 75M ) after $ 8m growth capital expenditure and $ 4m debt reduction . OPERATING SNAPSHOT Q1 FY22 PEAK Sep - 21 Q Jun - 21 Q % chg QoQ Mar - 21 Q FY22 YTD Ore processed t 163,586 155,625 5 % 128,399 163,586 Gold head grade g / t 2.40 2.89 -17 % 3.71 2.40 Gold produced OZ 11,873 13,166 -10 % 14,378 11,873 All - In - Sustaining Cost ( AISC ) A $ / oz 1,117 1,271 -12 % 1,097 1,117 HERA Ore processed t 83,600 112,963 -26 % 111,359 83,600 Gold head grade g / t 2.02 1.49 35 % 3.68 2.02 Gold produced OZ 4,650 4,465 4 % 11,658 4,650 All - In - Sustaining Cost ( AISC ) A $ / oz 685 1,352 -49 % 1,153 685 DARGUES Ore processed t 91,268 74,023 23 % 84,938 91,268 Gold head grade g / t 3.90 2.37 65 % 3.45 3.90 Gold produced OZ 10,827 5,234 107 % 8,865 10,827 All - In - Sustaining Cost ( AISC ) A $ / oz 1,753 2,696 -35 % 2,137 1,753 GROUP Gold production OZ 27,350 22,865 20 % 34,901 27,350 Gold sold OZ 23,109 24,965 -7 % 29,755 23,109 Copper production t 592 769 -23 % 870 592 Lead production Zinc production t 7,376 7,325 1 % 4,649 7,376 t 9,104 6,593 38 % 5,550 9,104 Group AISC A $ / oz 1,389 1,848 -25 % 1,429 1,389 See overleaf for AISC definition detail . Percentage change denoted in green is beneficial movement and red is detrimental movement . ABN : 37 108 476 384 Level 17 , 144 Edward Street BRISBANE QLD 4000 GPO Box 7 BRISBANE QLD 4001 T : +61 7 3180 5000 E : office@aureliametals.com.au www.aureliametals.com.au