Aurumin : Presentation - Resources Roadhouse Investment Afternoon

onlyuse ersonalASX:AUN

WEST AUSTRALIAN

GOLD FOCUSSED

EXPLORATION AND DEVELOPMENT

9th June 2022

Resources Roadhouse Investment Afternoon

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Disclaimer

Disclaimer

onlyThe information contained in this presentation has been prepared by Aurumin Limited ("Aurumin" or "the Company"). This presentation is not an offer, invitation, solicitation or other recommendation with respect to the subscription

for, purchase or sale of any securities in the Company. This presentation has been made available for information purposes only and does not constitute a prospectus, short form prospectus, profile statement or offer information statement. This presentation is not subject to the disclosure requirements affecting disclosure documents under Chapter 6D of the Corporations Act.

This presentation may contain forward looking statements. Such forward looking statements are estimates for discussion purposes only and should not be relied upon. They are not guarantees of future performance and involve

k own and unknown risks, uncertainties and other factors many of which are beyond the control of Aurumin. The forward-looking statements are inherently uncertain and may therefore differ materially from results ultimately achieved.

Aurumin does not make any representations and provides no warranties concerning the accuracy of the information and disclaims any obligation to upgrade or revise any forward-looking statements based on new information,

future events or otherwise except to the extent required by applicable laws. While the information contained in this report has been prepared in good faith, neither Aurumin or any of its directors, officers, agents, employees or

advisors give any representation or warranty, express or implied, as to the fairness, accuracy, completeness or correctness of the information, opinions and conclusions contained in this presentation. Accordingly, to the maximum usext nt permitted by law, none of Aurumin, its directors, employees or agents, advisers, nor any person accepts any liability whether direct or indirect, express or limited, contractual, tortuous, statutory or otherwise, in respect of the

accuracy or completeness of the information or for any of the opinions contained in this presentation or for errors, omissions or misstatements or for any loss, howsoever arising, from the use of this presentation.

A recipient of this presentation must make their own assessment of the matters contained herein and rely on their own investigations and judgment in making an investment in the Company. This presentation does not purport to contain all of the information a recipient of this presentation requires to make an informed decision whether to invest in the Company. Specifically, this presentation does not purport to contain all the information that investors and their professional advisers would reasonably require to make an informed assessment of the Company's assets and liabilities, financial position and performance, profits, losses and prospects.

The information in this presentation is not a recommendation to subscribe for securities in the Company and does not constitute financial advice. Any person who intends to subscribe for securities must conduct their own investigations, assessment and analysis of the Company and its operations and prospects and must base their investment decision solely on those investigations and that assessment and analysis. Prospective investors should consult their own legal, accounting and financial advisers about an investment in the Company.

ersonalThe information in this presentation is an overview and does not contain all information necessary for investment decisions. In making investment decisions in connection with any acquisition of securities, investors should rely on their own examination of the assets and consult their own legal, business and/or financial advisers. The mineral tenements of the Company as described in this presentation are at various stages of exploration and development, or in c re nd maintenance, and potential investors should understand that mineral exploration and development are high-risk undertakings. There can be no assurance that exploration and development of the tenements, or any other te ements that may be acquired in the future, will result in the discovery of an economic ore deposit. Even if an apparently viable deposit is identified, there is no guarantee that it can be economically exploited.

ersonal use only

Building a Mining Company

Quality board and management

Extensive Development and Operational Expertise

History of adding and creating value

Delivering on growth ambitions

Sandstone acquisition completed and drilling now

Actively looking to leverage skill sets into projects

Two advanced, regional gold projects in WA

Southern Cross (Mt Dimer) and Sandstone

Historical production profiles and significant upside at both

Ongoing exploration, moving to development

Sandstone exploration active, including deep drilling

Southern Cross exploration active:

Gold and iron ore targets at Mt Dimer

Lithium targets at Mt Palmer

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Corporate Snapshot

Capital Structure
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Shares on Issue	139.2M
Share Price (28 April 2022)	$0.16
Market Capitalisation	$22.3M
Unlisted Options (30c)	25.2M
Unlisted Options (40c)	4.3M
Financial Position
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Cash (31 March 2022)	$3.7M
Debt (31 March 2022)	($6.4M)
Enterprise Value	$25.0M
ersonal	17%

Piers Lewis Non-Executive Chairman - BCom, CA, FGIA

Finance professional with 25 years of years corporate advisory experience with various ASX and AIM companies.

Currently non-executive director and company Secretary for a number of ASX Listed companies, including Grange Resources Limited and Noronex Limited. Founder and operator of SmallCap Corporate. Previous senior management roles with Credit Suisse (London), Mizuho International, ABN Amro and NAB Capital.

Brad Valiukas Managing Director - BEng (Mining), GradCert (Econ), Member AusIMM

Mining Engineer with over 20 years operational, management and executive experience, covering underground and open pit operations across multiple commodities around Australia and internationally.

Most recently Manager - Technical Services for Northern Star Resources, previously COO at Focus Minerals, COO at ABM Resources and multiple senior roles at Mincor Resources.

Darren Holden Non-ExecutiveDirector - BSc (Hons) (Geology), PhD (History)

Geologist and experienced director with over 25 years of industry experience in Australia and internationally including projects in Canada, USA and Mexico.

Currently non-executive director of Odessa Minerals Limited, owner of exploration advisory business GeoSpy Pty Ltd, and is a founder and director of project generators Marlee Minerals Pty Ltd and Odette Geoscience Pty Ltd. Additionally holds positions with Silver Mines (NSW), and Lion One Ltd (Fiji). Previously MD at ABM Resources and Executive VP Exploration at Geoinformatics.

Shaun Day Non-ExecutiveDirector - BCom, Fellow CA ANZ, Fellow FINSA

Finance professional with 20 years executive, financial and commercial roles across mining and infrastructure, investment banking and advisory firms.

Currently CEO of London listed Greatland Gold PLC. Previously CFO of ASX100 Northern Star Resources, SGX50 Sakari Resources and ASX 200 Straits Resources. Previously non-executive director of ASX Attila Resources, TSX Superior Gold and TSX Goldminco Corporation.

Mark Rowbottam Executive Manager - Corporate Development - BAppSc, MBA, F FIN, MAICD

Corporate finance professional with over 25 years executive, corporate advisory and board experience.

49%

25%

8%

Board & Management

MDI

Escrowed (9 Dec 2022)

Retail and Funds

Previously Non-Executive Director of ASX Latin Resources, Aleator Energy, GRP Corporation and co-founder of Allegra Capital Pty Ltd, a wholesale corporate advisory firm providing ASX listing and M&A advice in the minerals, energy, technology and biotechnology sectors.

Shane Tomlinson Manager - Exploration - BSc (Expl & Min Geology), MSc (Ore Deposits), Member AIG

Geologist with over 20 years of experience in exploration and mining geology, covering underground and open pit operations across multiple commodities throughout Western Australia and West Africa.

Recent positions include; Principal Geologist for Mineral Resources, Geology Manager for Hexagon Resources and Exploration Manager for West Peak Iron and prior positions with companies including Barrick Gold and Sons of Gwalia.

ESG and Sustainability

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Aurumin's priority is to add value to the society and business in which we operate.

Aurumin believes that environmental stewardship and social responsibility is integral to the success of its businesses. We strive to adhere to the best industry standards and governance in order to create additional value for our shareholders and stakeholders.

Rehabilitation	Support Local	Mutual Benefit	Low Carbon
Aurumin is committed to ensuring all	Wherever practicable, Aurumin	Aurumin is committed to developing	Aurumin is committed to minimising
exploration activities are	utilises local contractors and	enduring and mutually beneficial	the carbon footprint and
rehabilitated, including historical	purchases good and services in the	outcomes for all stakeholders	environmental impact of planned
activities	local community		developments

Our ESG commitment aligns to our Core Values - Integrity, Respect, Responsibility and Achievement.

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