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Lesson one: public speaking INVESTOR PRESENTATION | SEPTEMBER 2025 WEST AFRICA’S RISING GOLD EXPLORER RAPIDLY ADVANCING BOUNDIALI (2.41MOZ) & NAPIÉ (0.87MOZ) GOLD PROJECTS www.aurumres.com.au | ASX:AUE Perth, Western Australia For personal use only
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Disc la im e r This p re se nta ti on p re p a re d by A ur um R es our ces Lt d (“Co m p a ny”) does not p u rp o rt to c o n t a in a ll the i nf or mati on tha t a pr os pect i v e in v e st o r may re q u ire in connect i on w it h a ny p ote nti a l i nvestment in the Comp a ny. Yo u shoul d not tre a t the c onte nts of t h is p re se nta ti on, or a ny in fo rm a t io n pr ov i ded in connect i on w it h it , as fin a n c ia l adv i ce, fin a n c ia l pr oduct a d v ic e or a d v ic e re la t in g to le g a l, ta xa ti on or i nvestment ma tte rs. No r epr es ent at i on or w a rra n ty, ex pr es s or im p lie d , is made as to the fa irne ss, accur acy , compl et enes s or cor r ect nes s of the in fo rm a t io n , o p in io n s a nd concl usi ons conta i ned in t h is p re se nta ti on. Th is p re se nta ti on is pr ov i ded e xp re ssly on the b a sis tha t you w ill c a rry out your own i ndependent in q u irie s in t o the ma tte rs conta i ned in the pr esenta ti on a nd m a ke your own i ndependent deci s i ons a bout the a ffa irs, fin a n c ia l p o sit io n or pr os pect s of the Comp a ny. Th e Compa ny r es er v es the rig h t to updat e, a mend or suppl ement the in fo rm a t io n at a ny t im e in it s a b so lu t e d isc re t io n (w it h o u t i ncur r i ng a ny o b lig a t io n to do so ). To the max i mum ex t ent p e rmi tte d by la w , none of the Compa ny it s d ire c to rs, empl oy ees or a g e nts, a d vise rs, nor a ny othe r p e rso n accept s a ny lia b ilit y , i ncl udi ng, wi thout lim it a t io n , a ny lia b ilit y a risin g fro m fa u lt or negl i gence on the p a rt of a ny of the m or a ny othe r p e rso n , fo r a ny lo ss a risin g fro m the use of t h is p re se nta ti on or it s c onte nts or o t h e rw ise a risin g in connect i on w it h it . Th is p re se nta ti on is not an o ffe r, in v it a t io n , so lic it a t io n or othe r r ecommendat i on w it h r es pect t o the su b sc rip t io n fo r, pur cha se or sa le o f a ny s ecur i t y , a nd nei ther t h is p re se nta ti on nor a nythi ng in it sh a ll fo rm the b a sis of a ny cont r act or commi tment what s oev er . COMPL IANCE S TA TEM EN T Th e i nf or mati on in t h is p re se nta ti on tha t r el at es to Bo u n d ia li M in e ra l R es our ces is ex t r act ed fro m the a nnouncement “ Bo u n d ia li Gol d P r oj ect R es our ce gr ows ~50% to 2. 41Moz , gr owi ng A ur um’ s gr oup r es our ces to 3. 28Moz ” r el eas ed to the A u s t r al i an S ecur i t i es E x cha nge on 5 Aug ust 2025 a nd av ai l abl e to v ie w on www.a sx.c o m .a u. Th e Compa ny c o n firm s tha t it is not aw ar e of a ny new in fo rm a t io n or d a ta tha t m a t e ria lly a ffe c ts the in fo rm a t io n i ncl uded in the o rig in a l ma r ket a nnouncement a nd, in the c a se of e sti ma te s of M in e ra l R es our ces , tha t a ll mat er i al a ssum p tio ns a nd t echni cal pa r a meter s under pi nni ng the e sti ma te s in the r el ev ant m a rke t a nnouncement conti nue to appl y a nd ha ve not m a t e ria lly cha nged. Th e C o m p a n y c o n firm s tha t the fo rm a nd cont ex t in w h ic h the Compet ent Pe rso n ’s fin d in g s a re pr es ent ed ha ve not been m a t e ria lly m o d ifie d fro m the o rig in a l m a rke t a nnouncement. Th e i nf or mati on in t h is re p o rt tha t r el at es to Na p ié M in e ra l R es our ces is ex t r act ed fro m the a nnouncement “ Na p ié P r oj ect List in g R ul e 5 . 6 di s cl os ur e” r el eas ed t o the A u s t r al i an S ecur i t i es E x change on 4 Fe b ru a ry 2025 a nd a va i l a b l e to v ie w on www.a sx.c o m .a u. Th e Compa ny c o n firm s tha t it is not aw ar e of a ny new in fo rm a t io n or d a ta tha t m a t e ria lly a ffe c ts the i nf or mati on i ncl uded in the o rig in a l m a rke t a nnouncement a nd, in the c a se of e sti ma te s of M in e ra l R es our ces , tha t a ll mat er i al a ssum p tio ns a nd t echni cal p a ra m e te rs under pi nni ng the e sti ma te s in the r el ev ant m a rke t a nnouncement conti nue to appl y a nd ha ve not m a t e ria lly cha nged. Th e Compa ny c o n firm s tha t the fo rm a nd cont ex t in w h ic h the Compet ent Pe rso n ’s fin d in g s a re pr es ent ed ha ve not been m a t e ria lly m o d ifie d fro m the o rig in a l m a rke t a nnouncement. FUTURE M A TTERS Th is p re se nta ti on may c o n t a in fo rw a rd l ook i ng sta te me nts tha t a re s ubj ect to risk fa c to rs a sso c ia te d w it h m in e ra l ex pl or ati on, mi ni ng a nd p ro d uc tio n b usine sse s. It is bel i ev ed tha t the ex pect at i ons r ef l ect ed in the se sta te me nts ar e r eas onabl e but t hey may be af f ect ed by a v a rie t y of v ar i abl es a nd cha nges in under l yi ng a ssum p tio ns w h ic h c o u ld c a use act u al re su lt s or tre n d s to d iffe r m a t e ria lly , i ncl udi ng but not lim it e d to p ric e f l uctua ti ons, act u al demand, cur r ency f l uctua ti ons, d rillin g a nd pr oducti on re sults, re se rve e st im a t io n s, lo ss of m a rke t, i ndustr y c o m p e t it io n , envi r onmenta l risks, p h y sic a l risks, le g isla t iv e , fisc a l a nd re g u la to ry cha nges, economi c a nd fin a n c ia l m a rke t c o n d it io n s in v a rio u s countr i es a nd re g io n s, p o lit ic a l risks, pr oj ect d e la y or adv ancement , a p p ro va ls a nd c o st e stim a te s. Th is p re se nta ti on a lso conta i ns r ef er ence to cer t ai n i ntenti ons, ex pect at i ons , f utur e p la n s, stra te g y a nd pr os pect s of the Comp a ny. Th o s e i ntenti ons, ex pect at i ons , f utur e p la n s, stra te g y a nd pr os pect s may or may not be achi ev ed. Th e y a re b a se d on cer t ai n a ssum p tio ns, w h ic h may not be met or on w h ic h v ie w s may d iffe r a nd may be af f ect ed by kno wn a nd unknown risks. In p a rtic u la r, th e re is a risk tha t the Compa ny w ill not be a b le to del i neat e J O RC r es our ces fro m ex pl or ati on d rillin g . Th e p e rfo rm a n c e a nd oper ati ons of the Compa ny may be i nf l uenced by a number of fa c to rs, ma ny of whi ch a r e outsi de the contr ol of the Comp a ny. No r epr es ent at i on or w a rra n ty, ex pr es s or im p lie d , is made by the Comp a ny, or a ny of it s d ire c to rs, o ffic e rs, empl oy ees , a d v ise rs or a g e nts tha t a ny i ntenti ons, ex pect at i ons or p la n s w ill be achi ev ed ei t her t o t a lly or p a rt ia lly or tha t a ny p a rtic u la r ra te of re tu rn w ill be achi ev ed. Th is p re se nta ti on conta i ns in fo rm a t io n ex t r act ed fro m ASX m a rke t a nnouncements re p o rte d in accor dance w it h the 2012 e d it io n of the " A u s t r al as i an Code fo r Re p o rt in g of E x pl or ati on Re sults, M in e ra l R es our ces a nd O re R es er v es " (" 2012 J O RC C o d e ") a nd av ai l abl e fo r v ie w in g a t www.a sx .com a nd i ncl udes r esul ts re p o rte d p re v io u sly and publ i s hed on ASX p la t fo rm : G iv e n the risks a nd uncer ta i nti es tha t may c a use the C o m p a ny’s act u al f utur e re sults, p e rfo rm a n c e or achi ev ement s to be m a t e ria lly d iffe re n t fro m tho se ex pect ed, pl a nned or i ntended, r eci pi ent s shoul d not p la c e undue r el i ance on the se i ntenti ons, ex pect at i ons , f utur e p la n s, stra te g y a nd p ro sp e c ts. Th e Compa ny does not w a rra n t or r epr es ent tha t the act u al re sults, p e rfo rm a n c e or achi ev ement s w ill be as ex pect ed, pl anned or i ntended. C O MPETENT PERSO NS S TA TEM EN T Th e in fo rm a t io n in t h is p re se nta ti on tha t re l a te s to E xp l ora ti on Ta r g e t s and E x pl or ati on Re su lt s is bas ed on in fo rm a t io n c o m p ile d b y Mr Ma rk St rize k, a Compet ent Pe rso n who is a M ember or Th e A u s t r al as i an I nsti tute of M in in g a nd M e t a llu rg y . Mr St rize k is an ex ecut i v e di r ect or of the Comp a ny. Mr St rize k ha s su ffic ie n t ex per i ence tha t is r el ev ant to the st y le of m in e ra lisa t io n a nd typ e of depos i t under c o n sid e ra t io n a nd to the a c t iv it y b e in g under ta ki ng to q u a lify as a Compet ent Pe rso n as def i ned in the 2012 e d it io n of the “ A u s t r al as i an Code fo r Re p o rtin g of E x pl or a ti on R esul ts, Mi ner a l R esour ces a nd O re R es er v es ” . Mr S t r i z ek cons ent s to the in c lu sio n in the a nnouncement of the ma tte rs b a se d on h is in fo rm a t io n in the fo rm a nd cont ex t in w h ic h it appear s . Ad d it io n a lly , Mr St rize k c o n firm s tha t the e nti ty is n ot aw ar e of a ny new i nf or mati on or d a ta tha t m a t e ria lly a ffe c ts the in fo rm a t io n conta i ned in the ASX r el eas es r ef er r ed to in t h is p re se nta ti on. Th e Compa ny c o n firm s tha t it is not aw ar e of a ny new in fo rm a t io n or d a ta tha t m a t e ria lly a ffe c ts the i nf or mati on i ncl uded in the p re v io u s a nnouncements. Th is p re se nta ti on is a u t h o rize d fo r m a rke t r el eas e b y AUE’s Bo a rd of Dire c to rs. AURUM RESO URC ES 2 01 Sep 2025, Aurum expands footprint of Boundiali and Napie Gold Projects (ASX:AUE) 05 Aug 2025, Boundiali Gold Project Resource grows ~50% to 2.41Moz (ASX: AUE) 29 Jul 2025, Encouraging Drilling Results at BD & BST (ASX:AUE) 25 Jul 2025, Aurum hits 1.43m at 234.35 g/t gold from 107m at BMT3 (ASX:AUE) 23 Jul 2025, Quarterly Activities/Appendix 5B Cash Flow Report (ASX:AUE) 15 Jul 2025, 100 million share placement to strategic investors completed (ASX:AUE) 27 Jun 2025, Aurum commenced 30,000m diamond drilling at Napié (ASX:AUE) 17 Jun 2025, AUE hits 66m @ 1.07g/t gold from 33m @ Boundiali BD tenement (ASX:AUE) 27 May 25, AUE expands Boundiali Gold Project exploration ground (ASX:AUE) 21 May 25, AUE hits 34m @ 2.32g/t gold from 56m @ Boundiali BD tenement (ASX:AUE) 13 May 25, Assay Results at Boundiali BM Tenement (Amended) (ASX:AUE) 13 May 25, Aurum hits 73.10 g/t gold at Boundiali BM tenement (ASX:AUE) 07 May 2025, Aurum to raise $35.6 million from strategic investment (ASX:AUE) 16 Apr 2025, AUE hits 89m @ 2.42 g/t gold at 1.59Moz Boundiali Project (ASX:AUE) 08 Apr 2025, AUE to start diamond drilling at Boundiali South tenement (ASX:AUE) 31 Mar 2025, AUE to commence environmental study - Boundiali Gold Project (ASX:AUE) 27 Mar 2025, Aurum hits 83m@4.87 g/t Au at 1.59Moz Boundiali Project (ASX:AUE) 19 Mar 2025, Hits 4m at 54.64 g/t Au outside 1.59Moz Boundiali MRE area (ASX:AUE) 14 Mar 2025, Half Yearly Report and Accounts (ASX:AUE) 7 Mar 25, Investor Presentation March 2025 (ASX:AUE) 6 Mar 25, AUE Completes Acquisition of Mako Gold Limited (ASX:AUE) 27 Feb 25, 12m at 22.02g/t from 145m outside 1.59Moz Boundiali MRE area (ASX:AUE) 21 Feb 2025, 8m at 8.23g/t from 65m outside 1.59Moz Boundiali MRE area (ASX:AUE) 4 Feb 2025, Napie Project Listing Rule 5.6 Disclosure (Amended) (ASX:AUE) 3 Feb 2025, Mako Takeover Offer Closes (ASX:AUE) 31 Jan 2025, Drill Collar Table Addendum (ASX:AUE) 31 Jan 2025, Change in substantial holding for MKG (ASX:AUE) 31 Jan 2025, Quarterly Activities/Appendix 5B Cash Flow Report (ASX:AUE) 30 Jan 2025, Aurum hits 150 g/t gold at Boundiali, Côte d'Ivoire (ASX:AUE) 24 Jan 2025, Compulsory Acquisition Notice Mako Takeover (ASX:AUE) 24 Jan 2025, Non Binding MoU with SANY Heavy Equipment Co (ASX:AUE) 23 Jan 2025, Change in substantial holding for MKG (ASX:AUE) 9 Jan 2025, Best and Final offer for Mako Gold Limited (ASX:AUE) 31 Dec 2024, Boundiali Project Maiden Resource delivers 1.6 Moz (amended) (ASX:AUE) 24 Dec 2024, Change in substantial holding for MKG (ASX:AUE) 23 Dec 2024, AUE achieves in excess of 95% gold recoveries from Boundiali (ASX:AUE) 18 Dec 2024, Aurum hits 277 g/t gold at Boundiali BM Target 3 13 Dec 2024, Change of Directors and Addition of Joint Company Secretary (ASX:AUE & ASX:MKG) 6 Dec 2024, AUE receives firm commitments for A$10 million placement (ASX:AUE) 29 Nov 2024, Aurum earns 80% interest in Boundiali BM tenement (ASX:AUE) 28 Nov 2024, AUE appoints Mr. Steve Zaninovich as Non -Executive Director (ASX:AUE) 22 Nov 2024, AUE Declares Takeover Offer for all MKG Shares Unconditional (ASX:AUE) 15 Nov 2024, Supplementary Bidders Statement (ASX:AUE) 11 Nov 2024, Aurum hits 36 g/t gold at BM T1 of 2.5km strike (ASX:AUE) 30 Oct 2024, Bidders Statement (ASX:AUE) 16 Oct 2024, Recommended Takeover of Mako Gold By Aurum Resources (ASX:AUE) 18 Sep 2024, Aurum hits 11.46m at 6.67 g/t gold at Boundiali BM Target 1 (ASX:AUE) 9 Sep 2024, Aurum earns 51% interest in Boundiali BM tenement (ASX:AUE) 05 Sep 2024, AUE hits 40m at 1.03 g/t gold at Boundiali BD Target 1 (ASX:AUE) 03 Sep 2024, Boundiali South Exploration Licence Renewed (ASX:AUE) 07 Aug 2024, Aurum to advance met studies for Boundiali Gold Project (ASX:AUE) 22 July 2024, Prelim metallurgical tests deliver up to 99% gold recovery (ASX:AUE) 17 June 2024, Aurum hits 69m at 1.05 g/t gold at Boundiali BD Target 1 (ASX:AUE) 28 May 2024, AUE hits 163 g/t gold in 12m @ 14.56 g/t gold at BD Target 1 (ASX:AUE) 24 May 2024, Aurum hits 74m @ 1.0 g/t gold at Boundiali BD Target 2 (ASX:AUE) 15 May 2024, Aurum expands Boundiali Gold Project footprint (ASX:AUE) 10 May 2024, AUE hits 90m @ 1.16 g/t gold at Boundiali BD Target 1 (ASX:AUE) 01 May 2024, Aurum Appoints Country Manager in Cote d'Ivoire (ASX:AUE) 23 April 2024, AUE drilling hits up to 45 g/t gold at Boundiali BD Target 2 (ASX:AUE) 19 March 2024, AUE signs binding term sheet for 100% of Boundiali South (ASX:AUE) 12 March 2024, AUE hits 73m at 2.15g/t incl 1m at 72g/t gold at Boundiali (ASX:AUE) 01 March 2024, Aurum hits 4m at 22 g/t gold in Boundiali diamond drilling (ASX:AUE) 22 January 2024, Aurum hits shallow, wide gold intercepts at Boundiali, Côte d’Ivoire (ASX: AUE) 21 December 2023, Rapid Drilling at Boundiali Gold Project (ASX.AUE) 21 November 2023, AUE Acquisition Presentation (ASX.AUE) 21 May 2021, PlusOr to Acquire 6194 sq kms Ground Position in Cote d’Ivoire (MSR.ASX) 22 August 2019, Boundiali RC Drill Results Continue to Impress (PDI.ASX) 15 July 2019, RC, Trench Results Grow Boundiali Potential In Cote D'Ivoire (PDI.ASX) 27 May 2019, New Drill Results Strengthen Boundiali Project Cote D'Ivoire (PDI.ASX 16 January 2019, PDI-Toro JV Sharpens Focus with Major Drilling Program (PDI.ASX) 26 November 2018, Boundiali North - Large Coherent Gold Anomalies in 14km Zone (PDI.ASX) For personal use only
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AURUM RESOURCES 3 Aurum R es our ces : I nvestment Hig h lig h ts 3.28 Moz G o ld R es our ces Aggre ssive Exp lo ra tio n Cost -ef f ect i v e O p e ra tio n s C le a r D ev el opment P at hw ay F av our abl e J u risd ic tio n Côte d'I voi r e i s a s t abl e and su p p o rtive m in in g ju risd ic tio n with ex cel l ent infra struc ture PFS fo r th e Bo u n d ia li pr oj ect ex pect ed by e nd of 2025. D F S ex pect ed l at e 2026 Au ru m 's fle e t o f 10 d ia m o n d d rill rig s c u ts d rillin g c o sts b y up to 65%, m a xim isin g r es our ce growth and m in im isin g cash burn 130,000m dia mond d rillin g p la n n e d fo r C Y2 5; 100,000m a t Bo u n d ia li, 30,000m for Na pié 3.28 Moz gol d r es our ces t wo key pr oj ect s : Bo u n d ia li 2.41Mo z and Na pié 0.87 MozFor personal use only
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AURUM RESOURCES 4 “Through a dual strategy of organic growth and strategic acquisition, Aurum has grown to 3.28 Moz gold resources in just over 20 months, all powered by our cost-effective self-owned drilling fleet.” BGP = Boundiali Gold Project NGP = Napié Gold Project Refer to page 2 for reference to results reported previously and published on ASX platform No Resources 1.59Moz 2.45Moz 3.28Moz 0.13Moz 0.13Moz 0.60Moz Dec 2023 Dec 2024 Jan 2025 Jul 2025 BGP Indicated BGP Inferred NGP Inferred For personal use only
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AURUM RESOURCES 5 5 5 A$0.615 Share Price (03 Sep 2025) 339.9M Shares on Issue1 A$209M Market Capitalisation ~A$40M* *Cash + shares unaudited 31 August 2025 CAPITAL STRUCTURE (ASX:AUE) ~A$169M Enterprise Value ONE YEAR SHARE PRICE MOVEMENT Corporate Overview 1 Listed options AUEO (M) 7.2 Options / Performance Rights (M) 58.5 2 Aurum holds 2,887,496 Montage Shares (TSX:MAU) as at 2nd September trading at C$5.91 per share. N’KZANA (FRED) YAO Country Manager YAYA OUATTARA Exploration Manager MANAGEMENT DR CAIGEN WANG Managing Director MARK STRIZEK Executive Director DIRECTORS TROY FLANNERY Non-Executive Chairman STEVE ZANINOVICH Non-Executive Director SHAREHOLDER SUMMARY Board & Management 11.16% Lundin Family & associates 9.7% Montage Gold Corp 9.7% Zhaojin Capital Limited 8.3% For personal use only
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AURUM RESOURCES 6 Aurum’s 3.28Moz Gold R es our ces ar e l ocat ed i n Côt e d' I v oi r e • 3.28Moz gold resource in Côte d'Ivoire, West Africa: • Boundiali – 2.41Moz Gold Project • Napié - 0.87Moz Gold Project • Exploration upside (2,757 sq km): Gold mineralisation remains open at all deposits, with many targets yet to be drill tested. • Projects are located near infrastructure, including: • Roads • Grid Power • Water Refer to page 2 for reference to results reported previously and published on ASX platform For personal use only
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AURUM RESOURCES 7 B oundi al i and Napi é: T wo Project Growth E ngi ne • Boundiali is located within the same greenstone belt as: • Syama gold mine (11.5Moz) Resolute • Sissingué gold complex (~1 Moz) Perseus • Koné gold project (6Moz) Montage Gold • Barrick’s Fonondara gold project • Napié is located southeast of Tongon mine (5.0Moz) Barrick • Both projects have access to excellent infrastructure with roads, water and grid power Strategic, prospective land package Refer to page 2 for reference to results reported previously and published on ASX platform For personal use only
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AURUM RESOURCES 8 Bo u n d ia li: G ro win g Fla g sh ip 2.41Mo z G o ld Pro je c t • Seven (7) permits for 1469.7sq km • Gold Resources stand at 2.41Moz @ 1.0 g/t Au: • Indicated Resources 18.5Mt at 1.0 g/t Au for 600,000 ounces • Inferred Resources 54.2Mt at 1.0 g/t Au for 1,810,000 ounces • Targeting +100,000m of DD using our own rigs to deliver second resource update end CY2025 • PFS underway with results expected end CY2025: • Preliminary BD met work: free milling +95% gold recovery • Gravity gold recovery between 50% to 60% using a 106µm grind • Excellent infrastructure with roads, water, 225kV grid power and flat development friendly landscape Simple “Drill to Build” Strategy Refer to page 2 for reference to results reported previously and published on ASX platform For personal use only
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AURUM RESOURCES 9 BD Gold JV Project: Multiple Targets still to be Drill Tested 14km By 3km Nyangboue Gold Corridor • 1.1Moz discovered so far from drilling at three deposits (BDT1, BDT2 and BDT3) • Gold mineralisation hosted in a thick, north-south trending sandstone unit • Gold mineralisation remains open in all directions • Drilling ongoing targeting resource growth from three deposits and five undrilled prospects • Significant drill results include: • 83m @ 4.87 g/t Au from 106m incl. 6.29m @ 34.94 g/t Au & 8m @ 14.81 g/t Au (DSDD0148) • 89m @ 2.42 g/t Au from 213 m inc. 7m @ 14.46 g/t Au & 6m @ 9.01 g/t Au (DSDD0150) • 12m @ 22.02 g/t Au from 145m incl. 7m @ 27.50 g/t Au (DSDD0136) • 73m @ 2.15g/t Au from 172m incl. 4m @ 18.63g/t Au (DSDD0012) • Preliminary BD met work: free milling +95% gold recovery with gravity gold recovery between 50% to 60% using a 106µm grind Refer to page 2 for reference to results reported previously and published on ASX platform For personal use only
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AURUM RESOURCES 10 BD Gold JV Project: Example Cross Sections BDT1 Cross Section BDT2 Cross Section BDT3 Cross Section Refer to page 2 for reference to results reported previously and published on ASX platform For personal use only
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AURUM RESOURCES 11 BM Gold JV Project: Multiple Targets still to be Drill Tested Fast Growing and Underexplored • 0.9Moz discovered so far from drilling at two deposits (BMT1 and BMT3) • Gold mineralisation can occur as plunging high-grade shoots hosted in NNE trending shear zones • Gold mineralisation remains open in all directions • Drilling ongoing targeting resource growth from two deposits and six undrilled prospects. Underexplored, only ~5km of 57km gold mineralised shears drill tested • Significant drill results include: • 4.20m @ 80.64 g/t Au from 107m inc. 2.90m @ 116.66 g/t Au inc. 1.43m @ 234.35 g/t Au & 5.66 m @ 6.99 g/t Au from 121m (MBDD214B) • 1.19m @ 277.54 g/t Au from 31m (MBDD118) • 9m @ 24.61 g/t Au from 221m inc. 4m @ 54.64 g/t Au from 222m (MBDD174) • 1m @ 150.50 g/t Au within 3m @ 50.56 g/t Au from 124m (MBDD130) • 2m @ 63.55 g/t Au from 111m inc. 1m @ 110.95 g/t Au & 23m @ 2.04 g/t Au from 118m (MBDD123) Refer to page 2 for reference to results reported previously and published on ASX platform For personal use only
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AURUM RESOURCES 12 BM Gold JV Project: Example Cross Sections BMT3 Cross Section Refer to page 2 for reference to results reported previously and published on ASX platform For personal use only
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AURUM RESOURCES 13 BST Gold Project: Shallow Resource Primed for Growth Multiple Drill -Ready Targets • 0.36Moz discovered so far from shallow drilling at BST1 • Gold mineralisation is hosted in a thick, north-south trending sandstone/conglomerate package • Gold mineralisation remains open in all directions • Drilling ongoing targeting resource growth from one deposit and two sparsely drilled prospects (5.5km strike) • Significant drill results include: • 20m @ 10.45g/t Au from 38m (BRC0004S BIS) • 30m @ 8.30g/t Au from 39m (NDC007) • 28m @ 4.04g/t Au from 3m and 6m @ 3.29g/t Au from 47m (BRC003) • 9m @ 7.90g/t Au from 99m (BRC006) • 27m @ 2.42g/t Au from 27m (BRC175) • 20m @ 1.29g/t Au from 211m (NDC016) • 2m @ 13.57g/t Au from 130m (NDC017) Refer to page 2 for reference to results reported previously and published on ASX platform For personal use only
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AURUM RESOURCES 14 Boundiali PFS – On track for delivery in late 2025 • Easy to crush: Ore is likely suitable for a single-stage SAG mill circuit • Gravity gold recovery: Gold can be recovered at 50% to 60% using gravity methods at a 106µm grind • Relatively fast leaching kinetics: Leaching can generally be achieved in 24 hours or less • High overall gold recoveries: Overall gold recoveries (gravity + leaching) are excellent at a reasonably coarse grind (95-99% at 106 µm) • Leads to reduction in reagents: Leaching on the gravity tails showed a decrease of 32% in lime consumption and a decrease of 40% in cyanide consumption at a P80 of 106µm when compared to whole ore cyanidation leaching • Standard free milling process circuit suitable: A typical gravity concentration and Carbon-in-Leach (CIL) circuit should be effective for processing Boundiali material. Location of Met samples BD Met work: Free milling +95% gold recovery Refer to page 2 for reference to results reported previously and published on ASX platform For personal use only
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AURUM RESOURCES 15 Napié Gold Project: ~26 km of Undrilled Gold -Bearing Shear Over 93% of the MRE is shallower than 150m • 0.87Moz discovered so far from drilling at two deposits (Tchaga and Gogbala) • Gold mineralisation hosted in en-echelon quartz veins, stringers and vein breccias. Quartz veins are often associated with higher-grade and rare visible gold • Gold mineralisation remains open in all directions • Drilling ongoing targeting resource growth from two deposits and six undrilled prospects. First resource update expected end CY2025 • Significant drill results include: • 41m at 4.51g/t Au from 17m (NARC216) • 13m at 20.82g/t Au from 32m (NARC145) • 9m at 22.73g/t Au from 36m within 32m at 7.10g/t Au from 13m (NARC184) • 10m at 18.98g/t Au from 7m (NARC486) • 26m at 4.34g/t Au from surface (NARC214) • Preliminary met testwork returned +94% average gold recoveries • Excellent infrastructure with roads, water and grid power Refer to page 2 for reference to results reported previously and published on ASX platform For personal use only
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AURUM RESOURCES 16 Napié Gold Project: Example Cross Section (Tchaga) Refer to page 2 for reference to results reported previously and published on ASX platform For personal use only
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AURUM RESOURCES 17 Côte d'Ivoire – Growing Gold Producer Alassane Ouattara Bridge Stable Political governance and strong economic performance Extensive Birimian Gold-bearing rocks with approximately 34% of West Africa’s greenstone host over 60+1Moz deposits Underexplored World-class discovery potential Proven jurisdiction Eight operating Gold mines For mine development with modern, transparent and attractive mining code >1.5Moz pa (Barrick, Endeavour, Perseus, Tietto, Allied Gold and Fortuna) Excellent infrastructure Extensive network of sealed roads, grid power and HV transmission lines, skilled local workforce and contractors 8 For personal use only
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AURUM RESOURCES 18 • 3.28Moz Gold Resource: Combined resource across Boundiali and Napié projects • Exploration Upside: Both projects have potential to grow resources through drilling • Cost-Effective Exploration: In-house diamond drilling fleet reduces costs by up to 65% and accelerates resource growth • Experienced Leadership: Proven track record of creating shareholder value • Clear Development Pathway: The ongoing PFS on Boundiali provides a direct path towards a DFS and possible development decision in CY2026 Why Invest in Aurum Resources? This timetable is indicative only and may change. Please refer to key risks that may cause changes to the timetable Boundiali Q1 Q2 Q3 Q4 100,000m DD drilling First Mineral Resource update Second Mineral Resource update Boundiali PFS Napié 30,000m DD drilling First Mineral Resource update 2025 For personal use only
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AURUM RESOURCES 19 Troy Flannery Non-Executive Chairman Email: contact@aurumres.com.au Dr Caigen Wang Managing Director Email: caigen.wang@aurumres.com.au Contact us + 61 8 6559 1792 Mark Strizek Executive Director Email: mark.strizek@aurumres.com.au Want to know more about Aurum? www.aurumres.com.au For personal use only
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AURUM RESOURCES 20 Appendix Ouattara Yaya (MAusIMM) Exploration Manager Ehouinsou Kacou Fabrice Senior Exploration Geologist For personal use only
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AURUM RESOURCES 21 Napié Project: Underexplored, offering significant potential for growth Refer to page 2 for reference to results reported previously and published on ASX platform For personal use only
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AURUM RESOURCES 22 West Africa - Destination of Choice CONSTRUCTION Low capital intensity with industry- wide track record of delivering projects on time and on- budget PRODUCTION Largest Gold producing region globally ANNUAL Au PRODUCTION BY REGIONDISCOVERIES BY AREA EXPLORATION Largest number of discoveries over last 10 years globally – still significantly underexplored PERMITTING Efficient process reduces time from discovery to construction compared to global average ANNUAL GOLD PRODUCTION BY REGION 2010-2021 IN MILLIONS OF OUNCES, FOR 2021 Source: S&P Global Market Intelligence, Endeavour Mining. West Africa includes Burkina Faso, Cote d'ivoire, Ghana, Mali, Guinea and Senegal. West Africa Ecuador Indonesia Burkina Faso Canada Australia USA China Chile Serbia Cote d'Ivoire South Africa Mali Ghana Congo Mexico Russia Turkey Finland Sudan Guinea 67Moz 28Moz 27Moz 23Moz 20Moz 19Moz18Moz 18Moz 18Moz17Moz 15Moz 14Moz 13Moz 11Moz 8Moz 6Moz 6Moz 5Moz 4Moz 4Moz 4Moz West Africa is the largest gold producing region globally +80% gold production increase over 10 years Six of the top 10 major gold producers have a presence in West Africa Accounted for 14% of global gold ounces in 2021 PRODUCTION West Africa China Russia Australia Canada USA Peru Mexico Indonesia Uzbekistan 16Moz 12Moz 12Moz 11Moz 7Moz 5Moz 4Moz 7Moz 4Moz 4Moz 4Moz South Africa For personal use only
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AURUM RESOURCES 23 West Africa - Destination of Choice (continued) ANNUAL Au PRODUCTION BY REGIONGOLD PROJECT CONSTRUCTION GOLD PROJECT CONSTRUCTION Based on 44 primary gold projects built since 2010 Capital intensity calculated as development capital costs divided by M&I resource as per the feasibility study Project built on time & schedule Project missed budget or schedule Low capital intensity with industry-wide track record of delivering projects on time and on budget Large skilled workforce and numerous established mining service and engineering providers in the region High quality projects Significant resource potential Favourable topography and weather Good power and transport infrastructure 1) Based on expected construction timeline that remains on track as of 22 March 2023 Source: S&P Global, Endeavour Mining. West Africa consists of Cote d'Ivoire, Burkina Faso, Guinea, Senegal, and Mali. Latin America North America Asia-Pacific Europe West Africa 7 Projects 10 Projects 5 Projects 4 Projects 18 Projects 3.0 yrs. 2.3 yrs. 2.0 yrs. 2.0 yrs. 1.7 yrs. Source: S&P Global, Endeavour Mining. Considers primary Au mines with over 1Moz in M&I resources, with capital cost estimate published after 1 January 2018 $103/oz $125/oz $141/oz $142/oz $168/oz West Africa North America South America Oceania Europe & Middle East For personal use only
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AURUM RESOURCES 24 Aurum’s Projects The flagship 2.41Moz Boundiali Gold Project is comprised of seven neighbouring tenements: BM gold project JV 80% interest Can earn 80-88% interest in future gold production company (Government gets 10% free carry from local partner): • 80% if local partner contributes 11% capex • 85% if local partner does not contribute capex – they go to 5% free carry • 88% if local partner sells us 3% of their interest they go to 2% free carry BD gold project JV 80% interest Can earn 80-88% interest in future gold production company (Government gets 10% free carry from local partner): • 80% if local partner contributes 11% capex • 85% if local partner does not contribute capex – they go to 5% free carry • 88% if local partner sells us 3% of their interest they go to 2% free carry BST gold project 100% interest Application for mining exploitation licence was lodged with the Ministry of Mines, Petroleum and Energy in March 2025. 90% interest in future gold production company (Government get 10% free carry from Aurum interest) BN gold project JV Aurum is earning interest through carrying out exploration to earn 70% interest in three stages: • Stage 1: Aurum earns 35% interest by spending USD 1.2 million within 36 months of license grant • Stage 2: Aurum earns 51% interest by spending USD 2.5 million within 60 months of license grant • Stage 3: Aurum earns 70% interest upon completion of a pre-feasibility study on the tenement. Diamond drilling conducted by Aurum will be valued at US$140 per meter for expenditure calculations Upon grant of a mining exploitation license, ownership structure will be: Aurum (70%), GNRR (20%), Ivorian Government (10%) BE Encore JV Project Applications (No. 1740 and No. 1745) totalling nearly 320km2 are strategically located between Aurum's existing BD and BST tenements and south of BM, offering growth potential for its 1.6Moz Boundiali Gold Project. Staged earn-in agreement aligns expenditure with milestones for each permit area: • Path to 51% interest: 4,000m diamond drilling. • Path to 80% interest: Additional 8,000m diamond drilling (total 12,000m) OR US$2.5M nominal expenditure. Mako Gold Pty Ltd is a wholly owned subsidiary of Aurum and holds the following projects: 0.87Moz Napié Gold Project. 90% Mako and African American Investment Fund (AAIF) has a 10% interest in the Napié Project free carried to completion of a feasibility study. Korhogo Project (100%), significant manganese discovery Brobo Project (100%), prospective for lithium/rare earths Aurum-Major Start Plus SARL’s (“MSP”) partnership • Aurum pays FCFA7 million (~A$19,000) for the 35% registered share capital of MSP, which has FCFA20 million for its 100% registered share capital. Aurum contributes FCFA23 million (~A$63,000) to MSP administration and ongoing operation, prior to receiving first exploration permit. • Within twenty-four (24) months following the granting of an Exploration Permit ("Phase 1"), (a) to spend normal the FCFA equivalent of one million five hundred thousand (1,500,000) USD to the Exploration Work or to carry out seven thousand (7000) meters of diamond drilling and (b) to grant to MSP, in cash or in AURUM shares, the FCFA equivalent of two hundred and fifty thousand (250,000) USD on JORC resources of at least two hundred and fifty thousand (250,000) ounces defined with a cut-off grade of 0.5 g/tonne (the "First Milestone Payment"); • Within four (4) years following the grant of the Exploration Permit ("Phase 2"), (a) to spend normal the FCFA equivalent of three million (3,000,000) USD to the Exploration Work or to carry out fifteen thousand (15,000) meters of diamond drilling and (b) to grant to MSP, in cash or AURUM shares, the equivalent of one (1) USD per ounce of JORC Resources (Resources 1) in the indicated category with a cut-off grade of one (1) g/ tonne for resources less than two hundred (200) metres vertical to the ground surface and two (2) g/tonne cut at 0 ff for resources above 200 m depth vertical to the ground surface (the "Second Milestone Payment"); and • Until the completion of a Pre-Feasibility Study (the "Phase 3"), (a) to allocate the amount necessary for Expenditures and Exploration Work to carry out the pre-feasibility study, and (b) to grant to MSP, in cash or in AURUM shares, the FCFA equivalent of one (1) USD per ounce of updated JORC Resources (Resources 2) less Resources 1 in the indicated category with a cut-off grade of one (1) g/tonne for the resources within two hundred (200) metres of vertical depth to the ground and two (2) g/tonne of 0 ff cut for resources above 200 m vertical depth of the ground surface (the "Third Milestone Payment"). • Upon completion of Phase 1, Aurum will hold fifty-one percent (51%) of the rights and interests of the Exploration Permit • Upon completion of Phase 2, Aurum will own eighty percent (80%) of the rights and interests in the Exploration Permit; and • Upon completion of Phase 3, Aurum will own ninety-five percent (95%) of the rights and interests in the Exploration Permit. • At mining exploitation phase: a. if MSP contributes five percent (5%) of the construction costs of a future mine, MSP will have four and a half percent (4.5%) in the capital of the Operating Company alongside Aurum. That is Aurum 85.5%, MSP 4.5% and the State 10% (the "Option 1"); or b. If MSP doesn’t contribute any construction costs of a future mine, MSP will hold three percent (3.0%) free carry in the capital of the Operating Company alongside AURUM. That is Aurum 87.0%, MSP 3.0% and the State 10% (the "Option 2"). For personal use only
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AURUM RESOURCES 25 Aurum Mineral Resources JORC 2012 Deposit Category Tonnes (Mt) Grade (g/t Au) Au (koz) Tchaga Inferred 14.6 1.16 545 Gogbala Inferred 7.8 1.29 323 Global Resource Total 22.5 1.20 868 Boundiali Statement of Mineral Resources by Deposit as at 31 July 2025, for BST1, BDT1, BDT2, BDT3, BMT1 and BMT3 deposits wi th 0.4 g/t Au cut off above 300m depth, and 1 g/t below 300m depth 1 Napié Mineral Resource Estimate; On 14 June 2022, a maiden Mineral Resource Estimate was reported in accordance with JORC (2012) comprising two deposits, Tchaga and Gogbala 2. Mineral Resources reported at a cut-off grade of 0.6g/t gold. Differences may occur in totals due to rounding. 1 “Boundiali Gold Project Resource grows ~50% to 2.41Moz, growing Aurum’s group resources to 3.28Moz” released to the Australian Securities Exchange on 5 August 2025 and available to view on www.asx.com.au. 2 “Napie Project Listing Rule 5.6 Disclosure (Amended)” released to the Australian Securities Exchange on 4 February 2025 and available on www.asx.com.au. For personal use only