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.