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ASX : AUT 29 April 2021 A AUTECO Minerals MARCH 2021 QUARTERLY ACTIVITIES REPORT Highly successful exploration campaign to underpin July Resource update Host of high - grade results outside the 1Moz Resource at Pickle Crow , Canada Auteco Minerals ( Auteco or the Company ) ( ASX : AUT ) is pleased to report on what has been a highly successful March quarter , with drilling returning a host of high - grade results which will underpin the Resource update planned for July . KEY POINTS - OPERATIONAL • • • • • Auteco's key focus in the quarter was on growing the Resource¹ ( 1Moz at 11.3 g / t ) at Pickle Crow An additional 176 square kilometre² land holding within the Pickle Lake greenstone belt was secured along strike of known mineralised structures The current 45,000m drill campaign remains on track for completion by mid - year , with 30,000m completed by 31 March 2021. Up to five rigs were active on site during the quarter Drilling³ continued to identify additional high - grade gold mineralisation outside the Inferred Resource Intersections from newly discovered veins outside of the Inferred Resource include : ■ ■ 5.6m @ 33.4g / t gold from 20.3m in hole AUDD0078 ( New Structure ) 0.3m @ 315.4 g / t gold from 41.7m in hole AUDD0102 ( New Structure ) 1.0m @ 34.9 g / t gold from 191.2m in hole AUDD0104 ( New Structure ) 1.2m @ 29.7 g / t gold from 249.7m in hole AUDD0079 ( New Structure ) 1.6m @ 16.7 g / t gold from 12.7m in hole AUDD0077 ( New Structure ) 2.3m @ 7.8 g / t gold from 39.8m in hole AUDD103 ( New Structure ) " 0.5m @ 33.7 g / t gold from 302.2m in hole AUDD120 ( New Structure ) ■ 4.0m @ 3.6 g / t gold from 432m in hole AUDD107 ( New Structure ) • In addition to the newly discovered veins , step out drilling extended the known mineralised vein structures outside of the Inferred Resource . Results included : ■ ■ 0.6m @ 313.0 g / t gold from 338.8m in hole AUDD0119 ( ~ 20m extension to known vein ) 5.0 @ 9.5g / t gold from 46.2m in hole AUDD0092 ( ~ 120m extension to known vein ) ■ ■ ■ ■ 1.5m @ 19.3 g / t gold from 250.5m in hole AUDD102 ( ~ 20m extension to known vein ) 4.0m @ 5.9 g / t gold from 420m in hole AUDD0056 ( ~ 80m extension to known vein ) 2.0m @ 8.2 g / t gold from 396.5m in hole AUDD0056 ( ~ 80m extension to known vein ) 1.6m @ 6.1 g / t gold from 168.5m in hole AUDD085 ( ~ 80m extension to known vein ) 1.2m @ 11.9 g / t gold from 382.1m in hole AUDD112 ( ~ 160m extension to known vein ) ■ 1.2m @ 8.0 g / t gold from 459.6m in hole AUDD100 ( ~ 70m extension to known vein ) 1 See ASX release dated 1 September 2020 for details of the Resource 2 3 See ASX release dated 28 January 2021 information relating to ground additions during the quarter See ASX releases dated 19 January 2021 and 7 April 2021 for details of drill results reported for the 2021 March quarter ASX : AUT T : +61 8 9220 9030 E : info@autecominerals.com.au W : www.autecominerals.com.au ACN : 110 336 733 Principal and Registered Office : Ground Floor 24 Outram Street West Perth WA 6005 Ray Shorrocks - Executive Chairman Michael Naylor - Non - Executive Director Stephen Parsons - Non - Executive Director Nicholas Katris - Company Secretary Page | 1