Aureka Signs Toll Milling Agreement

Aureka Limited has signed a binding toll milling agreement with the Wedderburn Gold Processing Mill, allowing for cost-plus-margin toll milling services for ore from any Aureka nominated project. This agreement includes the potential to fund capital upgrades to the mill if necessary for Aureka’s specific production volumes. The agreement also provides a long-term option for the Irvine Gold Project, with studies ongoing to assess processing ore economically feasible at Wedderburn.

The company’s portfolio includes the Irvine Project and the St Arnaud Comstock Gold & Silver Project, positioning Comstock as its first production project with ongoing diamond drilling and studies. Infill diamond drilling is underway to potentially re-classify a portion of the current Inferred Mineral Resource to a higher confidence level. Historical high-grade drill results from Comstock have shown promising mineralization potentials.

Comstock, a previous mine site, is assessed for future production with complex geological features and structural controls. This announcement is approved by Competent Persons, ensuring compliance with the Australasian Code for Reporting of Exploration Results, Mineral Resources, and Ore Reserves. Investors are invited to inquire further for additional information on these developments.