December 2024 Quarterly Activities & Cashflow Report

Aureka Limited (ASX: AKA) achieved significant milestones in the December 2024 quarter, including a successful recapitalization and name change to reflect its gold heritage and growth vision. The company raised $6M through capital raises, strengthened its board with the appointment of Graeme Hunt as Non-Executive Chair, and commenced a 7,000m diamond drilling program across key projects. Exploration activities advanced at the Irvine and Tandarra projects, with drilling programs initiated to extend mineral resources.

The company's cash balance at the end of the quarter was $4.9M, with key expenditures detailed in the report. Aureka continues to focus on its high-potential gold projects in Victoria, with plans to enhance mineral resources and exploration targets through ongoing drilling programs. The company is committed to engaging with stakeholders and delivering value to shareholders.

Investors are encouraged to visit the Aureka website for further information and engage with the company through the InvestorHub platform. The Board of Directors has approved this report for release to the market, and any questions or inquiries from investors are welcome.

For more details and a comprehensive overview, please refer to the full report available on the company's website. Management is available to address any questions or provide further information as needed. Thank you for your continued support and interest in Aureka Limited.