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ASX : AUT 28 October 2021 ASX ANNOUNCEMENT September 2021 Quarterly Report AUTECO MINERALS Outstanding exploration results highlight strong growth outlook at 1.7 Moz Pickle Crow Gold Project AUTECO on track for Resource update in February 2022 AUTECO Minerals ( AUTECO or the Company ) ( ASX : AUT ) is pleased to report on a highly successful quarter in which the Company made another significant discovery as part of its strategy to grow the 1.7Moz Resource at its Pickle Crow Gold Project in Canada . KEY POINTS - OPERATIONAL1 • Inferred Resource at Pickle Crow increased by 710,000oz to 1.7Moz at 8.1 g / t gold • New Tyson vein system discovered . Mineralisation was encountered in every hole drilled on 160m spacing over a strike of 400m + and to depths exceeding 800m below surface . Results to date include : • 2.8m @ 17.9 g / t gold from 578.3m in hole AUDD0173 0.5m @ 88.7 g / t gold from 455m in hole AUDD0184 6.5m @ 6.6 g / t gold from 838.1m in hole AUDD0166 4.9m @ 7.5 g / t gold from 483.2m in hole AUDD0152 1.0m @ 30.1g / t gold from 546m in hole AUDD0152 3.3m @ 8.0 g / t gold from 836.4m in hole AUDD0166 4.9m @ 4.7 g / t gold from 514.1m in hole AUDD0178 5.5m @ 4.1 g / t gold from 566.5m in hole AUDD0173 1.1m @ 10.4 g / t gold from 665.05m in AUDD0166 W1 ( 50.1 gt * m ) ( 44.4 gt * m ) ( 42.9 gt * m ) ( 36.8 gt * m ) ( 30.1 gt * m ) ( 26.4 gt * m ) ( 23.0 gt * m ) ( 22.6 gt * m ) ( 11.4 gt * m ) The Tyson discovery points to further Resource growth , with the veins outside of the current 1.7Moz Resource² . The vein system remains open in all directions High - grade gold results received from Carey , with mineralisation intersected between the north - west trending veins and the southern contact zone of the Albany porphyry . Results include : о 9.8m @ 3.1 g / t gold from 140.3m in hole AUDD150 ( 30.4 gt * m ) • Near - mine drilling continues to define new mineralisation outside the 1.7 Moz Resource , with results reported during the quarter including : • 3.3m @ 15.9 g / t gold from 31.8m in hole PG - G - 03A ( Shaft 1 , crown pillar ) 0.5m @ 88.7 g / t gold from 455m in hole AUDD0184 ( Shaft 3 , new structure ) A Resource update as at 31 December 2021 is on track for delivery in February 2022 1 Refer to ASX releases dated 16/06/2021 , 15 / 7 / 2021,2 / 08 / 2021 and 5/10/2021 for details on drilling results 2 Refer to ASX release dated 15 July 2021 for details of the AuUTECO Mineral Resource Estimate . ASX : AUT T : +61 8 9220 9030 E : info@autecominerals.com W : www.autecominerals.com 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 Darren Cooke - Chief Operating Officer Page | 1