New Risk • Dec 07
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 168% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (40% average weekly change). Earnings have declined by 24% per year over the past 5 years. Shareholders have been substantially diluted in the past year (168% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (AU$23.0m market cap, or US$15.3m). Announcement • Dec 06
Auris Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 3.2 million. Auris Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 3.2 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 71,493,893
Price\Range: AUD 0.004
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 728,506,107
Price\Range: AUD 0.004
Transaction Features: Subsequent Direct Listing Announcement • Oct 16
Auris Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 3.2 million. Auris Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 3.2 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 71,493,893
Price\Range: AUD 0.004
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 728,506,106
Price\Range: AUD 0.004
Transaction Features: Subsequent Direct Listing Announcement • Sep 01
Auris Minerals Limited, Annual General Meeting, Oct 29, 2025 Auris Minerals Limited, Annual General Meeting, Oct 29, 2025. Location: level 1, 18 richardson street, west perth, western australia 6005 Australia New Risk • Aug 30
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$751k This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$751k free cash flow). Earnings have declined by 24% per year over the past 5 years. Revenue is less than US$1m (AU$71k revenue, or US$46k). Market cap is less than US$10m (AU$2.86m market cap, or US$1.87m). Announcement • Oct 14
Auris Minerals Limited, Annual General Meeting, Nov 12, 2024 Auris Minerals Limited, Annual General Meeting, Nov 12, 2024. Location: level 1, 18 richardson street, west perth, western australia 6005, perth Australia New Risk • Sep 18
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$870k This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$870k free cash flow). Shares are highly illiquid. Earnings have declined by 39% per year over the past 5 years. Revenue is less than US$1m (AU$101k revenue, or US$68k). Market cap is less than US$10m (AU$2.38m market cap, or US$1.61m). New Risk • Sep 03
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 39% per year over the past 5 years. Revenue is less than US$1m (AU$1.2k revenue, or US$806). Market cap is less than US$10m (AU$3.34m market cap, or US$2.25m). Minor Risk Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Announcement • Oct 12
Auris Minerals Limited, Annual General Meeting, Nov 21, 2023 Auris Minerals Limited, Annual General Meeting, Nov 21, 2023, at 11:00 W. Australia Standard Time. Location: Ground Floor Meeting Room, 216 St Georges Tce, Perth Western Australia Australia Agenda: To consider adoption of the Remuneration Report; to consider re-election of Mr Craig Hall as a Director; to consider approval of updated Employee Incentive Plan; and to consider approval of Additional Issuance Capacity. Board Change • Mar 14
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Non-Executive Chairman Neville Bassett was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Nov 17
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Non-Executive Chairman Neville Bassett was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Sep 19
Auris Minerals Limited Announces Drilling Review at Cashmans & Cheroona Projects, WA Auris Minerals Limited reported that encouraging zones of gold anomalism totalling 3km in length have been interpreted during a recent database review of the Cashman (AUR 100%) and Cheroona (AUR 70%, NST 30%) Projects located in the Bryah Basin, Western Australia. The detailed technical review was initiated following the withdrawal of Sandfire Resources from the respective farm-in agreements effective 4 August 2022. During the tenure of the farm-in agreements, Sandfire completed extensive exploration and drilling across both projects with exploration expenditure totalling approx. $8 Million. Exploration completed by SFR was primarily focused on targeting copper mineralisation and comprised the following key activities: 1,919 Air Core drill holes for 91,188 metres, 7 RC drill holes for 2,931.09 metres and 2 diamond drill holes for 1,431.6 metres. Extensive moving loop electromagnetic surveys, (MLEM). Down hole electromagnetic surveys on RC and diamond holes. The data review has successfully highlighted two main zones of gold mineralisation. The most significant gold anomalous zone encompasses the Orient Copper Gold Prospect, which is in the north of the gold anomalism zone which trends over 2 kilometres in a northeast/southwest direction. The gold anomalism is interpreted to be associated with the basal contact of the DeGrussa Formation, in contact with the Doolgunna Formation. The northern portion of the anomalism trends into the Degrussa Formation where the DeGrussa/Doolgunna contacts reverts to a trend of northwest/southeast. Anomalous results from drilling within the anomalous gold zone include: 10m @ 0.75g/t Au from 25m (CHAC1205) and 5m @ 0.86g/t Au from 96m (OTRC004). The northern extent of the above interpreted gold anomalous has a copper association highlighted by anomalous copper results within drilling at the Orient prospect including 33m @ 0.28% Cu from 0m and highly significant rock chip anomalism returning results up to 12.8% Cu, 41.7g/t Au, 0.38% Zn, 0.35% Pb and 337ppm As. The above anomalous gold zone is defined by drilling completed at a broad drill spacing of 50/100m x 400m. Another significant gold anomalous zone is located approximately 800 metres to the east of the Orient prospect and is interpreted to trend east-southeast for approximately 1 kilometre. The anomalous zone is poorly defined, with significant results being intersected in three air core drill holes completed at a spacing of 100m x 400m. Significant results from the drilling within the anomalous gold zone include: 1m @ 9.72g/t Au from 40m (CHAC0780), 10m @ 0.13g/t Au from 10m (CHAC0732) and 5m @ 0.60g/t Au from 25m (CHAC1185). An evaluation programme is being planned to follow up the gold anomalous zones. Other discrete areas of gold anomalism within the completed drilling will initially be follow up by field reconnaissance, mapping and surface sampling. Announcement • Sep 14
Auris Minerals Limited, Annual General Meeting, Oct 19, 2022 Auris Minerals Limited, Annual General Meeting, Oct 19, 2022, at 11:00 W. Australia Standard Time. Location: Ground Floor, 216 St Georges Terrace, Perth Western Australia Australia Agenda: To consider adoption of the remuneration report; to consider re-election of Mr. Neville Bassett as a Director; and to consider approval of additional 10% placement facility. Announcement • Jul 22
Auris Minerals Limited Provides Update on Joint Venture Portfolio Located in the Bryah Basin, Western Australia Auris Minerals Limited provided the following update on exploration completed by Sandfire Resources Limited during the June 2022 quarter across the Company's Joint Venture portfolio located in the Bryah Basin, Western Australia. In February 2018, Auris entered a Farm-in Agreement with SFR in relation to the Morck Well and Doolgunna Projects which covers 430km². The Morck Well and Doolgunna Projects are strategically located 22km to the south-west and 4km to the southeast respectively, of Sandfire's DeGrussa Copper Mine in Western Australia. The Morck Well project is also located 8km along strike from Sandfire's Old Highway gold deposit with comparable high-grade gold mineralisation being intersected associated within similar geology within regional Air Core drilling completed to date. One diamond drill hole (MWDD0006) was completed at the Citra prospect, to a depth of 1,141m. Thedrill hole was designed to test an interpreted rift and transform structure intersection proximal to mapped exhalative sediments. Encouragingly, the hole intersected several trace mineralised horizons containing minor bornite, chalcopyrite and chalcocite. - 808-809.5m - Trace/minor bornite and chalcopyrite in exhalative jasper. - 812-840m - Trace/minor disseminated chalcopyrite along bedding planes. The hole was successfully grouted, PVC was run for the full length of the hole and is now awaiting DHEM. All assay results from the sampling of the drill hole are pending. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Non-Executive Chairman Neville Bassett was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Apr 19
Auris Minerals Limited Provides Update on Exploration During the March 2022 Quarter Across the Joint Venture Projects Located in the Bryah Basin, Western Australia Gold and Base Metals explorer Auris Minerals Limited provided the following update on exploration completed by Sandfire Resources Limited during the March 2022 quarter across the Joint Venture Projects located in the Bryah Basin, Western Australia. MORCK WELL JV (SFR earning a 70% interest): Project Summary In February 2018, Auris entered a Farm-in Agreement with SFR in relation to the Morck Well and Doolgunna Projects which covers 430km². The Morck Well and Doolgunna Projects are strategically located 22km to the south-west and 4km to the southeast respectively, of Sandfire's DeGrussa Copper Mine in Western Australia. The Morck Well project is also located 8km along strike from Sandfire's Old Highway gold deposit with comparable high-grade gold mineralisation being intersected associated within similar geology within regional Air Core drilling completed to date. Air Core Drilling Results were recently received for 15 holes (MWAC4242 MWAC4256), completed in the December 2021 quarter. This programme was designed as a 400x100m infill pattern to provide high quality litho- geochemical data and key geological information to delineate the upper Narracoota stratigraphy, known to be host to VMS-style mineralisation. No significant results were received. RC Drilling Two RC drill holes (MWRC0051 and MWRC0052) for 327m were completed to further evaluate interpreted supergene enrichment intersected at the base of complete oxidation within previous air core drilling including: 10m @ 0.42% Cu from 40m incl 5m @ 0.64% Cu from 40m - MWAC2870 15m at 0.46% Cu from 55m incl 5m at 0.89% Cu from 65m MWAC3356 MWRC0051 was abandoned after 34m and the hole re-designed, MWRC00052, intersected significant copper, zinc and lead mineralisation and 2m of trace native copper between 118-120m. The drill hole encountered an extended weathered profile, intersecting weathered upper saprolite down to 136m, interpreted to be associated with preferential weathering along a structure. Further RC drilling is being planned to test down dip and along strike to further evaluate the mineralisation intersected to date. Highlights: Morck Well Project: Two RC drill holes for 327m completed to further evaluate interpreted supergene enrichment intersected within previous air core drilling including: 10m @ 0.42% Cu from 40m incl 5m @ 0.64% Cu from 40m - MWAC2870 15m at 0.46% Cu from 55m incl 5m at 0.89% Cu from 65m MWAC3356 Two metres of trace native copper intersected in completed RC drill hole, MWRC0052, from 118-120m Best results from the completed RC drilling include: 11 m @ 0.12% Cu from 103m MWRC0052. 2m @ 0.12% Cu from 44m MWRC0052 A follow up RC drill programme is being designed to test the strike continuity of the mineralisation and to test the potential for mineralisation at depth. CHEROONA JV: RC precollar and diamond tail completed. Drilling was designed to target DeGrussa host stratigraphy and prospective structures. Results from 392.9m diamond tail are pending. Announcement • Mar 10
Auris Minerals Limited Announces Drilling Underway At Forrest Copper Project, Western Australia Auris Minerals Limited announced that Air Core drilling has commenced at the Company's Forrest Copper Project located 130km north of Meekatharra, in the Bryah Basin, Western Australia. A programme of 62 Air Core drill holesfor approximately 5,700m is planned to further evaluate select regional targets comprising: Significant copper/gold drill intercepts within previous Air Core drilling; Chargeability/conductivity targets identified by previously completed IP surveying; and/or Structural targets with similarities to the DeGrussa Copper Deposit. The drill targets are all located outside of the existing Forrest and Wodger resource areas, which havetogether produced a total copper resource of 2.4 Mt @ 1.7% Cu for 41,500 t Cu metal. The drill programme is expected to take approximately 2 weeks to complete, with initial assaysexpected to be reported in May 2022. Announcement • Feb 08
Auris Minerals Limited Announces Assays Received from RC Drilling At Feather Cap Gold Project Auris Minerals Limited announce that results have been received from the Reverse Circulation drilling programme completed at the Company's 100% owned Feather Cap Gold Project, located 95km north of Meekatharra, in the Bryah Basin, Western Australia. Results have also been returned from 1m resampling of several anomalous 5m composite intervals from previous Air Core drilling. The RC drilling programme completed over the Durack East Prospect comprised four holes for a total of 709m, and was designed to further evaluate high-grade gold mineralisation received from previously completed Air Core drilling, including intersections of 8m at 5.44g/t Au from 87m, including 1m at 26.7g/t Au from 87m (DEAC0089) and 10m at 1.22g.t Au from 85m. Significant results returned from this maiden RC drilling programme include 1m at 2.37g/t Au from 32m within DERC0002 and 5m at 1.87g/t Au from 30m within DERC0003 (in a 5m composite). Preliminary interpretations of the drilling completed to date at the Durack East Prospect has highlighted the potential for two mineralised structures. One of the structures has an interpreted apparent dip of approximately -40° to the north, subparallel and adjacent to the dip of the Narracoota/Ravelstone Formations' contact, which was the basis for the regional drilling orientation. The other mineralised trend has an interpreted apparent dip of between -45° to -70° to the south on the two RC drill lines. Gold mineralisation observed-to-date suggests high-grade mineralisation occurs where the two mineralised structures intersect or at the subvertical intersection with favourable regolith boundaries. Multi-element results from the assaying are expected in approximately 5 weeks, and will assist with the interpretation of controls. Further drilling is required to further understand the controls of the mineralisation at the Durack East prospect which will include proposed RC and/or Air Core drilling orientated to the north to scissor the high-grade intercepts within DEAC0075 and DEAC0089 and infill Air Core drilling on 200m line spacings along the mineralised trend. The infill Air Core drilling planned at Durack East is pending heritage surveying, which is scheduled for late February 2022. Announcement • Jan 25
Auris Minerals Limited Announces Completion of RC Drill Program at Feather Cap Gold Project, WA Auris Minerals Limited announced that follow up RC drilling has been completed at the Company's 100% owned Feather Cap Gold Project, located 95km north of Meekatharra, in the Bryah Basin, Western Australia. The completed RC drilling programme at the Durack East Prospect, comprising 4 holes for 709m (DERC0001 DERC0004, Table 1), was completed to further evaluate high-grade gold mineralization received from previously completed Air Core drilling including: 8m @ 5.44g/t Au from 87m, including 1m @ 26.7g/t Au from 87m (DEAC0089); and 10m @ 1.22g.t Au from 85m (DEAC0075). Drill hole DERC0002 was drilled to test for dip extensions to high grade mineralisation within DEAC0075 of 10m @ 1.22g.t Au from 85m and intersected an encouraging zone of 5-50% quartz veining between 123m and 133m. Drill hole DERC0004 was drilled to test for dip extensions to high grade mineralisation within DEAC0089 of 8m @ 5.44g/t Au from 87m, including 1m @ 26.7g/t Au from 87m and intersected comparable veining between 98 and 104m. A zone of weak and patchy, silica /pyrite ± sericite alteration and 2-20% quartz veining between 153m and 172m. All sampling from the completed RC drilling have been submitted for gold and multi-element analysis, with initial gold results from the assaying expected in 2-3 weeks. Pending results from recent Air Core drilling completed by Sandfire to the south of Durack East, within the Morck Well JV, adjacent to the Feather Cap tenement boundary will provide further value information to assist with the ongoing interpretation of this very prospective region. Additional Air Core drilling is planned at Durack East, resulting in a drill spacing of 200m over the interpreted mineralised trend at the Durack East prospect. Infill Air Core drilling is also planned to further evaluate the shallow high-grade mineralisation within DEAC0095 (5m @ 14.3g/t Au from 40m). All planned Air Core drilling is pending heritage surveying, which was initially scheduled to be completed early December 2021, however the programme has been suspended to a later date at the request of participants. At this stage the earliest the heritage surveying can be completed would be from February 2022. Regional Drilling Summary: Initial observations from drilling completed to date at the Durack East Prospect (located within the Feather Cap Project) and at the Morck Well Project to the east, suggest the potential exists for significant mineralisation to be defined over a total strike extent of 6.2km. Regional Air Core drilling completed along strike to the east by Sandfire within the Morck Well Project at 800m line spacing, has returned significant gold mineralisation, including 5m @ 4.76g/t Au from 70m (MWAC2682) and 10m @ 1.25g/t Au from 110m (MWAC2679), (Refer ASX announcement 23 October 2020). Air Core drilling completed by Sandfire in the west of the Morck Well Project, highlighted a potential 3.2km of gold mineralised trend. The mineralised trend highlighted in the above Sandfire Air Core drilling potentially extends to the west into the Feather Cap project for a further 3.0km, highlighted by the intersection of 4m @ 0.69g/t Au from 141m including 2m @ 1.26g/t Au from 142m (DEAC0009 Refer ASX Announcement 28 January 2021) within Air Core drilling completed during December 2020 and significant results of 8m @ 5.44g/t Au from 87m including 1m @ 26.7g/t Au from 87m (DEAC0089 - Refer ASX Announcement 13 October 2021), 10m @ 1.22g/t Au from 85m from drill hole (DEAC0075 - Refer ASX announcement 2 November 2021) and 5m @ 14.3g/t Au from 40m (DEAC0095 - Refer ASX announcement 17 December 2021) from the most recent Air Core drill programme. Significant gold mineralisation also occurs to the west, along strike of the interpreted mineralized trend, in the form of the Durack Gold Resource, located along over 2km strike and outside of Auris tenure. Historical RAB drilling by Plutonic Resources and Geopeko in the 1990's, located in the western extremity of the interpreted mineralised trend has intersected high-grade gold results including 35m @ 1.8g/t Au from 32m including 8m @ 5.19g/t Au from 32m (JRB43) and 20m @ 3.01g/t Au from 40m including 4m @ 10.7g/t Au from 40m, (JR60, Refer ASX announcement 28 October 2020). Announcement • Jan 24
Auris Minerals Provides an Update on Exploration Completed by Sandfire Resources Auris Minerals Limited provided the following update on exploration completed by Sandfire Resources Limited during the December 2021 quarter across the Joint Venture Projects located in the Bryah Basin, Western Australia. A total of 15 holes for 1,420 metres were completed. The completed drilling is designed as a 400x100m infill pattern to provide high quality litho-geochemical data and key geological information to delineate the upper Narracoota stratigraphy, known to be host to VMS-style mineralisation. All results from the completed drilling are pending. No further Air Core drilling is currently planned for the March 2022 quarter at the Morck Well Project. RC drilling will be designed to follow-up on any geochemical anomalism observed as required. Announcement • Jan 11
Auris Minerals Limited Announces Maiden RC Drill Program to Commence at Feather Cap Auris Minerals Limited announced that an RC drill rig has been mobilised to site to complete a follow-up drilling programme at the Company's 100% owned Feather Cap Gold Project, located 95km north of Meekatharra, in the Bryah Basin, Western Australia. The maiden RC drilling programme at the Durack East Prospect, comprising approximately 4 holes for 720m, is planned to further evaluate high-grade gold mineralisation received from previously completed Air Core drilling including: 8m @ 5.44g/t Au from 87m, including 1m @ 26.7g/t Au from 87m (DEAC0089). 10m @ 1.22g/t Au from 85m (DEAC0075). All results have now been received from the previously completed Air Core drill programme. No further significant results were received within the assays of the final five drill holes, (DEAC0072 - DEAC0074 and DEAC0079 DEAC0080). A maximum result of 5m @ 0.46g/t Au from 30m was returned within DEAC0074. Additional Air Core drilling is planned at Durack East, resulting in a drill spacing of 200m over the interpreted mineralised trend at the Durack East prospect. Infill Air Core drilling is also planned to further evaluate the shallow high-grade mineralisation with DEAC0095 (5m @ 14.3g/t Au from 40m). The planned Air Core drilling is pending heritage surveying, which was initially scheduled to be completed early December 2021, however the programme has been suspended to a later date at the request of participants. At this stage the earliest the heritage surveying can be completed would be from February 2022. Initial observations from drilling completed to date at the Durack East Prospect (located within the Feather Cap Project) and at the Morck Well Project to the east, suggest the potential exists for significant mineralisation to be defined over a total strike extent of 6.2km. Regional Air Core drilling completed along strike to the east by Sandfire within the Morck Well Project at 800m line spacing, has returned significant gold mineralisation, including 5m @ 4.76g/t Au from 70m (MWAC2682) and 10m @ 1.25g/t Au from 110m (MWAC2679). Air Core drilling completed by Sandfire in the west of the Morck Well Project, highlighted a potential 3.2km of gold mineralised trend. Announcement • Dec 17
Auris Minerals Limited Announces Further Significant Gold Mineralisation Intersected in Recently Completed Air Core Drilling at it's 100% Owned Feather Cap Gold Project Auris Minerals Limited announced further significant gold mineralisation has been intersected in recently completed Air Core drilling at the Company's 100% owned Feather Cap Gold Project, located 95km north ofMeekatharra, in the Bryah Basin, Western Australia. This intercept was collected over the interpreted regolith boundary between transported cover and weathered residual upper saprolite which was logged at 42m. No quartz and/or chert is associated with the significant result. Due to the logged location within the regolith the result is considered either a result of dispersion from proximal gold mineralisation along the above regolith boundary orassociated with paleochannel gold mineralisation at the base of the transported cover. The significant result within DEAC0095 is located 400m to the east and 300m to the north respectively, of previously reported high-grade intercepts from recent Air Core drilling of 10m @1.22g.t Au from 80m (DEAC0075) and 8m @ 5.44g/t Au from 87m, including 1m @ 26.7g/t Au from 87m (DEAC0089). Results for a total of 58 drill holes have been received since the previous update on the Air Core drilling, and included the new significant result from DEAC0095. No other significant results were received. Results from five additional holes remain pending. Planned infill Air Core drilling, RC drilling and 1m sampling of the significant mineralised intercepts from the Air Core drilling will assist with the ongoing interpretation of the Durack East prospect. An RC drill rig is currently being sourced to complete a program of four RC drill holes at the Durack East Prospect, designed to further evaluate high-grade gold intercepts received for the recently completed Air Core. Planned drilling was expected to commence early December, however suitable drill rig availability has been limited, and the work is now proposed for First Quarter 2022. Announcement • May 12
Auris Minerals Limited Completes Diamond Drilling Programme at its Forrest Deposit, in the Bryah Basin, Western Australia Auris Minerals Limited (‘Auris’ or ‘the Company’) announced that it has completed the diamond drilling programme at the Company's Forrest Deposit located 130 kilometres north of Meekatharra, in the Bryah Basin, Western Australia. Copper sulphide mineralisation has been intersected within the final drill hole of the program, (WRDD007), in the form of several discrete zones of disseminated and stringer chalcopyrite and bornite within Narracoota Formation lithologies adjacent to the footwall contact with the interpreted Ravelstone Formation. No further results have been received since the previous update on the drilling. All assays are pending from sampling completed from drill holes FPDD005, WRDD006 and WRDD007. DHEM surveying is planned to be completed on WRDD007 as soon as a DHEM contractor can be secured. A total 5 holes for 2,339.3m of drilling have been completed between the Forrest and Wodger deposits. Based on the visual mineralisation from WRDD006 and WRDD007, it appears the north-westerly plunge to the mineralisation at Wodger is in line with current interpretations, plunging shallower than that interpreted at Forrest. Visual indications and assay results from the two drill holes will assist with this interpretation. All data and results from the drill program will be incorporated into the current interpretations for the Forrest and Wodger deposits once received. Upcoming exploration for the Forrest Project includes evaluation of selected IP targets identified from the survey completed late last year. Announcement • Apr 29
Auris Minerals Limited Provides Forrest Project Diamond Drilling and DHEM Update Auris Minerals Limited provided the following update on diamond drilling currently underway at the Company's Forrest Deposit located 130 kilometres north of Meekatharra, in the Bryah Basin, Western Australia. Forrest Deposit Drilling Summary: Significant results have been returned from the assaying of Forrest deposit drill hole FPDD004/W1 including 8m @ 1.19% Cu from 401m including 3m @ 2.1% Cu from 406m. The mineralisation within FPDD004/W1 is associated with a zone comprising 3% bornite along vuggy foliated fabric including a more discrete zone of 0.5m (407407.5m) comprising 6% bornite and 2% chalcopyrite in fractures. The results from FPDD004 and FPDD00W1 support preliminary interpretations of a potential steepening of the northerly plunge to the copper mineralisation at the Forrest deposit. Copper mineralisation along the plunge projection remains open at depth. A proposed diamond drill hole (planned for 290m depth) on nominal section 7185820mN at the Forrest deposit has been put on hold based on the revised interpretation of the steepening plunge. All assays are pending from sampling completed from drill holes FPDD005 and WRDD006. Wodger Deposit Drilling Summary: At the Wodger deposit, three kilometres NNW of Forrest, Auris has now completed the fourth diamond hole (WRDD006) of the drill programme to a final depth of 560.9m. A total of 1,868.0m of drilling has now been completed between the Forrest and Wodger deposits. Drill hole WRDD006 intersected a 1.2m zone of 13% disseminated and veinrelated bornite mineralisation between 531.30m and 532.50m within the Narracoota Formation volcanics adjacent to the footwall contact with Ravelstone Formation sediments. Based on the visual mineralisation from WRDD006, it appears the northwesterly plunge to the mineralisation at Wodger is in line with current interpretations, plunging shallower than that interpreted at Forrest. Visual indications from the current drill hole (WRDD007) and assay results from both holes will assist with this interpretation. The drill rig is currently drilling the final hole of the current drill programme (WRDD007), designed to further evaluate the interpreted northwesterly plunge to the copper mineralisation and resources at the Wodger deposit. Next Steps: All data and results from the drill program will be incorporated into the current interpretations for the Forrest and Wodger deposits once received. Upcoming exploration for the Forrest Project includes evaluation of selected IP targets identified from the survey completed late 2020. DHEM Summary - Forrest and Wodger Deposits: Down hole EM (DHEM) surveying has been completed on two of the completed diamond drill holes at the Forrest deposit, (FPDD004/W1 and FPDD005). Preliminary data and results have been received from the survey program. Although no compelling anomalous DHEM responses have been identified from the raw data at Forrest, final processing and detailed modelling is required to further evaluate and identify any responses not evident from the preliminary data. DHEM surveying of WRDD006 at Wodger deposit is currently underway. Announcement • Mar 19
Auris Minerals Limited Announces Significant Copper Results within Westgold RC Drilling Auris Minerals Limited reported that significant copper results have been received from the RC drill programme completed by Westgold Resources Limited at the company's Forrest Deposit located 130 kilometres north of Meekatharra, in the Bryah Basin, Western Australia. Auris has 80% of the rights to all minerals on the project except for gold. Westgold holds 100% of the gold rights and the remaining 20% rights to all other mineral rights within Forrest Project tenements, E52/1659 and E52/1671, which host the Wodger and Forrest Deposits respectively. Westgold completed an RC drilling programme at the Forrest Deposit during January 2021, comprising 39 drill holes for 3,081 metres. The drilling was primarily aimed at the leached gold cap but also to assist with understanding the interaction of copper oxide minerals in the transition zone. As part of this program Westgold drilled three deeper holes for an on behalf of the JV. All results from the completed drilling have now been received with a maximum significant copper result of 32m @ 1.8% Cu from 111m including 4m @ 4.63% Cu from 112m (20FSTRC038) returned from one of the deeper RC drill holes infilling the copper resource below the gold cap and along an interpreted highgrade trend/plunge within the weathering profile. Announcement • Mar 10
Auris Minerals Limited Announces Results from Diamond Drilling into the Se Traverse Prospect At the Sams Creek Gold Project in New Zealand Auris Minerals Limited announced high grade gold results have been received from diamond drilling into the SE Traverse prospect at the Sams Creek Gold Project in New Zealand. The drilling program was funded by Sandfire Resources Limited. A total of four for 233.7m were completed spaced 90100m apart at the SE Traverse prospect where previous drilling had intersected high grade mineralization indicating a continuation of the Carapace mineralized shoot to the SW. Results have now been received for the first three holes drilled at the SE Traverse prospect. Shallow, high grade gold results have been returned from all three holes including 12.6m at 5.53g/t Au from 13.4m in SCDDH102. This intersection includes 2.6m at 20.4g/t Au from 13.4m including 1m @ 38.8g/t from 14m. All significant results are tabulated below. Results for the last hole, SCDDH103, are pending. The SE Traverse is an isolated section of dyke approximately 600m long and 200m wide that is interpreted to be part of a historic landslide that slipped downhill a few hundred meters from the outcrop. This section of dyke includes the continuation of the A1 antiform that extends for over 1.5kms from Main Zone to Doyles through the Carapace and SE Traverse and is open at depth to the NE in the Main Zone. High grade gold mineralization is concentrated along the A1 antiform hinge. Similar subparallel antiforms have been mapped and intersected in Main Zone drillholes to the NW and SE of the A1. In addition, Sandfire has commissioned a revised JORC (2012) Mineral Resource Estimate (MRE) of the existing 1Moz gold @1.54g/t Au (0.7 g/t gold cut off) at Sams Creek. A Desktop Mining Study for the Main Zone deposit will also be completed. Announcement • Feb 22
Auris Minerals Limited Completes Diamond Drilling at the Sams Creek Project Auris Minerals Limited announced that diamond drilling, undertaken by Sandfire Resources Limited, into the Main Zone Resource and the SE Traverse prospect at the Sams Creek Project has now been completed. Sandfire has completed three diamond holes, designed to test alternative geological models, for 538.8m in the Main Zone of the Sams Creek deposit. All three holes intersected the dyke with downhole dyke thickness ranging from 52 to 85m and a true thickness of approximately 50m. The dyke intersected in all three holes contained numerous sulphide veins. The sulphide veins are generally dipping moderately (40-60°) to the SE which is consistent with previous surface mapping and orientated core from previous Main Zone drill holes. Analysis of the drilling shows that generally broad zones of lower grade mineralisation were intersected which indicates the presence of a high-grade core is not likely and supports the Model 1 interpretation for future development. The three holes were drilled between NE trending high grade zones as shown in. Future drilling will now concentrate on defining the NE trending high grade mineralisation in the fold hinges. Following completion of the Main Zone Resource drilling, a total of four holes for 233.7m were completed at the SE Traverse prospect where previous drilling, Refer ASX Announcement 26 October 2020) intersected high grade mineralisation indicating a continuation of the Carapace mineralised shoot to the SW. The SE Traverse is a slab of dyke approximately 600m long that slipped downhill a few hundred metres from the outcrop and represents the SE limb of A1 anticline that runs from Main Zone to the Carapace. The intersected dyke intervals within the SE traverse drilling were strongly weathered and broken. Variable amounts of arsenopyrite and quartz veining were intersected within SCDDH100-102. The strongest mineralisation was intersected within SCDDH102, comprising 8 metres (14 - 22m) of 2-3mm arsenopyrite veins and 3-5mm quartz-arsenopyrite (± sphalerite ± chalcopyrite ± galena) veins. All drill core from drilling within the SE Traverse Prospect has been submitted for assaying, with the full suite of results expected to be received in late February. Announcement • Feb 18
Auris Minerals Limited Announces Update on Drilling Activity At Forrest and Wodger Deposits Auris Minerals Limited provide the following update on drilling activity at the Company's Forrest and Wodger Deposits located 130 kilometres north of Meekatharra, in the Bryah Basin, Western Australia. Visible copper mineralisation in the form of malachite noted within two of the completed RC drill holes, located within current copper resource outline Auris to undertake 6 diamond drill holes (2,540m) at Forrest and Wodger to infill and test for dip and plunge extensions to copper resource of 2.4Mt @ 1.7% Cu for 41,500t Cu Two of the planned diamond holes at the Forrest Deposit are designed to test within 100m of first and only intersected sulphide related copper mineralisation (bornite) associated with interpreted northern plunge Diamond drill rig is anticipated to arrive onsite 21st February Down hole EM surveys planned for 4 of the 6 holes outside the weathered zone Westgold Resources has completed RC drilling programme at the Forrest Deposit for a total of 39 holes for 3,081 metres - includes 3 deeper holes for 456m infilling the copper resource below the gold cap Air Core drilling programmes being generated, testing several anomalous target areas identified from the IP survey completed at the Forrest Project and to further evaluate significant mineralised trends at both the Feather Cap and Durack East prospectsAuris will shortly commence a programme of six (6) diamond drill holes for 2,540 metres at the Forrest and Wodger Deposits to infill and test for dip and plunge extensions to current copper resources of 2.4Mt @ 1.7% Cu for 41,500t Cu. A total of four (4) diamond drill holes for 1,550 metres are planned at the Forrest Deposit to infill and test for dip and plunge extensions to copper resources associated with the interpreted northern plunge. The current location of interpreted dip and plunge extents to the copper resource at the Forrest Deposit along the interpreted northern plunge is a result of a lack of drill information at depth, resulting in copper resources remaining open up, and down dip and down plunge to the north. A total of two (2) diamond drill holes for 990 metres are planned at the Wodger Deposit to test for dip and plunge extensions to copper resources at depth. Announcement • Jan 29
Auris Minerals Limited Announces Significant Gold Results Returned from Drilling At Feather Cap Project, Western Australia Auris Minerals Limited announced that results have been received for the Air Core drilling program completed in December at the company's 100% owned Feather Cap Project, located 95 kilometers north of Meekatharra, in the Bryah Basin, Western Australia. A total of 63 Air Core drill holes were completed for 6,572m at the Feather Cap Project during November and December 2020. The primary focus of the program was to further evaluate two high priority regional gold targets the Durack East and Feather Cap prospects respectively. Auris can report that significant results have been received from both prospects and this requires further evaluation and follow-up work. Twenty-seven Air Core holes for 3,133 meters were completed at the Durack East prospect to test for strike extensions to high grade gold mineralization identified by Sandfire within recent Air Core drilling in the Morck Well JV. Results from drilling completed by Sandfire within the Morck Well JV include a maximum result of 5m @ 4.76g/t Au from 70m. Significant gold mineralization also occurs to the west of the completed drilling in the form of the Durack Gold Resource, located along over 3km strike and outside of Auris tenure. Historical RAB drilling by Plutonic Resources and Geopeko in the 1990's, located approximately 1.7km to the west along strike from the proposed drilling has intersected high grade gold results including 35m @ 1.8g/t Au from 32m including 8m @ 5.19g/t Au from 32m (JRB43) and 20m @ 3.01g/t Au from 40m including 4m @ 10.7g/t Au from 40m. The completed drilling was undertaken over a single line with drill holes initially spaced every 100 meters. Infill drilling to 50m spacings was completed in two locations along the drill line due to the intersection of prospective chert horizons and Narracoota/Ravelstone Formations contacts resulting in the completion of an addition 4 drill holes. An encouraging result from the Durack East prospect of 4m @ 0.69g/t Au from 141m including 2m @ 1.26g/t Au from 142m was returned from DEAC0009 associated with minor quartz veining and chert horizons within mafic lithologies of the Narracoota Formation. The intersection is interpreted to be located along strike from the Durack resource to the west and significant air core intersections within previous Sandfire drilling in Morck Well JV to the east. All other significant results returned from the drilling are interpreted to be associated with zones of lateral dispersion of gold within the weathering environment trending along regolith boundaries, resulting in the interpretation of a depleted gold zone down to vertical depths ranging between 70 and 100m. In summary, the Air Core drilling at Durack East has identified significant mineralization along interpreted mineralized trends which link significant mineralization along strike to the east and west. Further Air Core drilling is required along the 1.7km prospective trend between the recently completed drilling and the Durack Resource tenement boundary to further evaluate the gold potential of the mineralized trends. Sandfire have a planned line of Air Core drilling, approximately 500m to the east of the recent drill line, within the Morck Well JV. A total of 27 Air Core holes for 2,628 meters were completed to infill existing drilling at the Feather Cap prospect to a 50/100 x 200m drill spacing to better evaluate identified anomalous gold mineralization within previous drilling, (including a maximum result of 11m @ 0.82g/t Au from 33m including 1m @ 4.76g/t Au from 35m, FCAC039) which extends over an interpreted strike extent of approximately 1.8km and remains open to the north and south. A significant result of 5m @ 1.39g/t Au from 30m was returned from FCAC093 which is interpreted to be associated with the lateral dispersion of gold along regolith boundaries within the weathering environment. A maximum result of 2m @ 0.34g/t Au and 0.12% Cu was returned within FCAC093 associated with jasperoidal chert. Importantly, significant mineralization within drilling at Feather Cap remains open to the south. Further Air Core drilling is required at the Feather Cap Prospect in order to test for southern extensions to the mineralization and RC drilling is required to infill around the above significant mineralization and prospective geology to better understand the gold potential of the area. The remaining 9 holes for 811m were completed within tenements E52/3275, E52/3350 and E52/3351, to further evaluate lower priority gold targets. No significant results were returned from this drilling. Announcement • Jan 22
Auris Minerals Limited Reports Results from the Offset Pole-Dipole Induced Polarisation Survey Completed in December At the Forrest Project, in the Bryah Basin, Western Australia Auris Minerals Limited reported results from the offset poledipole induced polarisation (IP) survey completed in December at the Forrest Project, located 130 kilometers north of Meekatharra, in the Bryah Basin, Western Australia. A total of ten (10) IP target areas have been identified from the early modelling, interpretation and integration of the IP survey results with other exploration datasets. A number of these identified IP target areas are located along strike from the Forrest and Wodger deposits. The source of these chargeable responses could be sulphide veining and/or disseminated sulphide mineralization, alteration, or chargeable stratigraphic units, which is potentially the case for a large and strike extensive chargeability anomaly located in the west of the survey area likely associated with chargeable sedimentary units of the Horseshoe Formation. Ground reconnaissance for all IP target areas will be carried out prior to any follow up exploration. Priority IP target areas identified by the survey are planned to be drill tested variously by Air Core, RC and diamond drilling as appropriate. A diamond drill rig has been secured and is expected onsite during February 2021 to commence drill testing of a number of these targets. The IP survey evaluated approximately 4.5 kilometers of strike of an interpreted anomalous copper trend within the Forrest Project, encompassing both the Forrest and Wodger deposits. During July 2020, a maiden resource estimate was reported for the Forrest and Wodger deposits, which both remain open along strike, downdip and downplunge, comprising a global estimate of 2.4Mt @ 1.7% Cu for 41,500t Cu. Announcement • Jan 21
Auris Minerals Limited Provides Update on Exploration Activities Auris Minerals Limited provided update on exploration activities completed during the December quarter 2020 within the Morck Well, Cashman and Cheroona Joint Ventures by Sandfire Resources Limited in the Bryah Basin, Western Australia. Air Core drilling continues with 61 holes completed for 3,617 metres. Further significant Copper and Gold results from the first pass Air Core drilling completed during the quarter include: 15m at 0.46% Cu from 55m incl 5m at 0.89% Cu from 65m MWAC3356 5m at 0.21% Cu from 95m MWAC3503; 5m at 0.51 g/t Au from 15m MWAC3541. All significant results from the regional Air Core drilling completed during 2020 remain open along strike to the east and west for up to 1,600 metres. Infill Air Core and RC Drilling is being planned to further evaluate significant results. Approximately 600 Air Core drill holes remain to be drilled. Announcement • Dec 12
Auris Minerals Limited Provides Forrest Project IP Survey Progress Report Auris Minerals Limited provided a progress report on the offset poledipole induced polarisation survey currently underway at the Company's Forrest Project, located 130 kilometres north of Meekatharra, in the Bryah Basin, Western Australia. The IP survey is evaluating approximately 4.5 kilometres of strike of an interpreted copper anomalous trend within the Forrest Project, encompassing both the Forrest and Wodger deposits. During July 2020, a maiden resource estimate was reported for the Forrest and Wodger deposits, which remain open along strike, down dip and down plunge, comprising a global estimate of 2.4Mt @1.7% Cu for 41,500t Cu. The IP survey was initially planned to take three weeks to complete, however due to several unforeseen delays, the total survey time is expected to be closer to 8 weeks. Preliminary data from the IP survey to date has highlighted several chargeability anomalies and trends and some of which are interpreted along strike from the Forrest and Wodger deposits. The source of these chargeable responses could be sulphide veining and/or disseminated sulphide mineralisation or chargeable sedimentary units. Large coherent chargeability anomalism located in the west of the survey area are interpreted to be responses associated with sedimentary lithologies of the Horseshoe Formation. An extension of the IP survey has since planned to follow up a chargeable response located to the south of the Forrest deposit. Further processing, modelling and integration of the IP data is still required and will be carried out upon survey completion, however preliminary results from the raw IP data are very encouraging. Target areas identified by the survey following integration with other exploration datasets are expected to be tested by RC and/or diamond drilling. A drill rig is currently being organised to complete this drilling within first quarter of 2021. Other recent exploration within the Bryah Basin tenement group comprises the completion of an Air Core drilling program within the Feather Cap Project designed to evaluate anomalous air core drilling at the Feather Cap prospect and potential strike extensions of significant gold mineralisation identified by Sandfire within the Morck Well JV during the June 2020 quarter including 5 metres at 4.76g/t Au from 70 metres within MWAC2682. Results from this program are expected late December/early January. Announcement • Dec 11
Air Core Drilling Completed At Feather Cap Project Auris Minerals Limited announced that Air Core drilling has been completed at the Feather Cap Project, located 95 kilometres north of Meekatharra, in the Bryah Basin, Western Australia. A total of 63 Air Core drill holes were completed for 6,572m at the Feather Cap Project, with the program designed to further evaluate two priority regional gold targets Feather Cap and Durack East. Twentyseven (27) Air Core holes for 3,133 were completed at the Durack East prospect to test for strike extensions to high grade gold mineralisation identified by Sandfire Resources Limited ("Sandfire") within recent Air Core drilling in the Morck Well JV Project. Results from drilling completed by Sandfire within the Morck Well JV include a maximum result of 5m @ 4.76g/t Au from 70m. The gold prospectivity of the area is further highlighted by the Durack Gold Resource, located along over 3km strike to the west of the completed drilling and outside of Auris tenure. Historical RAB drilling by Plutonic Resources and Geopeko in the 1990's, located approximately 1.7km to the west along strike from the proposed drilling has intersected high grade gold results including 35m @ 1.8g/t Au from 32m including 8m @ 5.19g/t Au from 32m (JRB43) and 20m @ 3.01g/t Au from 40m including 4m @ 10.7g/t Au from 40m. Announcement • Nov 26
Auris Minerals Limited Appoints Michael Petrus Hendriks as Director Auris Minerals Limited announced appointment of Michael Petrus Hendriks as Director. Date of appointment is 20 November 2020. Announcement • Nov 18
Auris Minerals Limited to Commence Drilling at Feather Cap Project Auris Minerals Limited announced that Air Core drilling is due to commence at the Feather Cap Project (100% AUR), located 95 kilometres north of Meekatharra, in the Bryah Basin, Western Australia. The Air Core drill rig and crew are currently mobilising from Port Hedland and are expected onsite to commence work on 20 November 2020. A total of 60 Air Core holes for approximately 6,300 metres is planned at the Feather Cap Project, with the majority of the drilling designed to further evaluate two priority regional gold targets identified
during a recent project review. Twenty-three Air Core holes for approximately 3,100 metres are planned to test for strike extensions to high grade gold mineralisation identified by Sandfire Resources in recent Air Core drilling at the Morck Well JV. Results from the recent Sandfire program include a best result of 5m at 4.76g/t Au from 70m. The gold prospectivity of the area is further highlighted by the 85% owned Westgold Resources Limited's Durack Gold Resource, located along over 3.5km strike to the west of the proposed drilling and outside of Auris tenure. Historical RAB drilling by Plutonic Resources and Geopeko in the 1990's, located approximately 2km to the west along strike from the proposed drilling has intersected high grade gold results including 35m at 1.8g/t Au from 32m including 8m at 5.19g/t Au from 32m (JRB43) and 20m at 3.01g/t Au from 40m including 4m at 10.7g/t Au from 40m. A further 28 Air Core holes for 2,400 metres are designed to infill existing drilling to a 50/100 x 200m drill spacing in order to better evaluate identified anomalous gold mineralisation within completed drilling, (including a maximum result of 11m at 0.82g/t Au from 33m including 1m at 4.76g/t Au from 35m, FCAC039) which extends over an interpreted strike extent of approximately 1.8km and remains open to the north and south. The remaining 10 holes for 800m is designed within tenements E52/3350 and E52/3351, to further evaluate isolated anomalous gold results within regional drilling. Announcement • Nov 06
Auris Minerals Limited, Annual General Meeting, Dec 07, 2020 Auris Minerals Limited, Annual General Meeting, Dec 07, 2020, at 14:00 W. Australia Standard Time. Location: Ground Floor, 216 St Georges Terrace Perth Australia Agenda: To consider adoption of the remuneration report; to consider reelection of director; to consider approval to issue shares to sandfire for the acquisition of sams creek gold limited; to consider ratification of issue of Sandfire options; to consider approval of additional 10% placement facility; and to consider approval to amend company constitution.