Tenure Renewal and Lidar Sets Up Comstock's Future

Aureka Limited (ASX: AKA) is pleased to announce the renewal of the exploration license for the St Arnaud Comstock project until 2030. The completion of a high-accuracy LiDAR and photogrammetry survey has provided crucial data for engineering design, operational planning, and geological interpretation to support potential gold production in the near term.

The successful renewal secures the long-term future of the project, which forms part of the broader St Arnaud gold field historically known for producing 400koz at an estimated 15g/t Au. The newly acquired survey data will aid in the scoping study to assess regulatory pathways and logistics for possible early production.

Aureka has seen significant progress on the Comstock Project in the past year, with a Maiden JORC Resource declared, high-grade gold intercepts, and engagements with mill owners. The company is planning additional work programs to capitalize on the exploration success and further develop the project.

Investors are encouraged to ask questions and stay updated on Aureka's progress through the InvestorHub platform on the company's website. Contact details for further information are provided, and competent persons have validated the technical information presented in this announcement. Aureka looks forward to an exciting future at the St Arnaud Comstock Project.