Independent Auditor’s Review Report

INDEPENDENT AUDITOR’S REVIEW REPORT To the members of OzAurum Resources Limited

Independent Auditor’s Report on the Interim financial report Conclusion We have reviewed the accompanying interim financial report of OzAurum Resources Limited (“the Review Report company”) which comprises the consolidated statement of financial position as at 31 December 2021, the consolidated statement of profit or loss and other comprehensive income, the consolidated statement of changes in equity and the consolidated statement of cash flows for the half-year ended on that date, notes comprising a summary of significant accounting policies and other explanatory information, and the directors’ declaration, for the Group comprising the company and the entity it controlled at the half-year end or from time to time during the half-year. Based on our review, which is not an audit, we have not become aware of any matter that makes us believe that the interim financial report of OzAurum Resources Limited does not comply with the Corporations Act 2001 including:

INDEPENDENT AUDITOR’S REVIEW REPORT

To the members of OzAurum Resources Limited (a) giving a true and fair view of the Group’s financial position as at 31 December 2021 and of Report on the Interim financial reportits performance for the half-year ended on that date; and Conclusion (b) complying with Accounting Standard AASB 134 Interim Financial Reporting and the Corporations Regulations 2001. We have reviewed the accompanying interim financial report of OzAurum Resources Limited (“the company”) which comprises the Basis for conclusion consolidated statement of financial position as at 31 December 2021, the consolidated statement of profit or loss and other comprehensive income, the We conducted our review in accordance with ASRE 2410 Review of a Financial Report Performed consolidated statement of changes in equity and the consolidated statement of cash flows for the by the Independent Auditor of the Entity. Our responsibilities are further described in the Auditor’s half-year ended on that date, notes comprising a summary of significant accounting policies and responsibilities for the review of the financial report section of our report. We are independent of other explanatory information, and the directors’ declaration, for the Group the company in accordance with the auditor independence requirements of the comprising the Corporations Act company and the entity it controlled at the half-year end or from time to time during the half-year.2001 and the ethical requirements of the Accounting Professional and Ethical Standards Board’s Based on our review, which is not an audit, we have not become aware of any matter that makes APES 110 Code of Ethics for Professional Accountants (including Independence Standards) (the us believe that the interim financial report of OzAurum Resources Limited does not comply with the Code) that are relevant to our audit of the annual financial report in Australia. We have also fulfilled Corporations Act 2001 including: our other ethical responsibilities in accordance with the Code.

(a) giving a true and fair view of the Group’s Material uncertainty related to going concern financial position as at 31 December 2021 and of its performance for the half-year ended on that date; and We draw attention to Note 1(a) in the financial report, which indicates that a material uncertainty (b) complying with Accounting Standard AASB 134 Interim Financial Reporting and the exists that may cast significant doubt on the Group’s ability to continue as a going concern. Our Corporations Regulations 2001. conclusion is not modified in respect of this matter.

Basis for conclusion Responsibility of the directors for the financial report

We conducted our review in accordance with ASRE 2410 Review of a Financial Report Performed The directors of the Company are responsible for the preparation of the interim financial report that by the Independent Auditor of the Entity. Our responsibilities are further described in the Auditor’s gives a true and fair view in accordance with Australian Accounting Standards and the Corporations responsibilities for the review of the financial report section of our report. We are independent of Act 2001 and for such internal control as the directors determine is necessary to enable the the company in accordance with the auditor independence requirements of the Corporations Act preparation of the interim financial report that gives a true and fair view and is free from material 2001 and the ethical requirements of the Accounting Professionamisstatement, whether due to fraud or error. l and Ethical Standards Board’s APES 110 Code of Ethics for Professional Accountants (including Independence Standards) (the Code) that are relevant to our audit of the annual financial report in Australia. We have also fulfilled our other ethical responsibilities in accordance with the Code.

Material uncertainty related to going concern

We draw attention to Note 1(a) in the financial report, which indicates that a material uncertainty exists that may cast significant doubt on the Group’s ability to continue as a going concern. Our conclusion is not modified in respect of this matter.

Responsibility of the directors for the financial report

The directors of the Company are responsible for the preparation of the interim financial report that gives a true and fair view in accordance with Australian Accounting Standards and the Corporations Act 2001 and for such internal Financial Report for the half-year ended 31 December 2021control as the directors determine is necessary to enable the | 25 preparation of the interim financial report that gives a true and fair view and is free from material misstatement, whether due to fraud or error.

(a) giving a true and fair view of the Group’s financial position as at 31 December 2021 and of its performance for the half-year ended on that date; and (b) complying with Accounting Standard AASB 134 Interim Financial Reporting and the Corporations Regulations 2001.

Basis for conclusion

INDEPENDENT AUDITOR’S REVIEW REPORT

We conducted our review in accordance with ASRE 2410 Review of a Financial Report Performed To the members of OzAurum Resources Limited by the Independent Auditor of the Entity. Our responsibilities are further described in the Auditor’s responsibilities for the review of the financial Report on the Interim financial report report section of our report. We are independent of the company in accordance with the auditor independence requirements of the Conclusion Corporations Act 2001 and the ethical requirements of the Accounting Professional and Ethical Standards Board’s APES 110 Code of Ethics for Professional Accountants (including Independence Standards) (the We have reviewed the accompanying interim financial report of OzAurum Resources Limited (“the Code) that are relevant to our audit of the annual financial report in Australia. We have also fulfilled company”) which comprises the consolidated statement of financial position as at 31 December our other ethical responsibilities in accordance with the Code. 2021, the consolidated statement of profit or loss and other comprehensive income, the consolidated statement of changes in equity and the consolidated statement of cash flows for the Material uncertainty related to going concern half-year ended on that date, notes comprising a summary of significant accounting policies and other explanatory information, and the directors’ declaration, for the Group comprising the We draw attention to Note 1(a) in the financial report, which indicates that a material uncertainty company and the entity it controlled at the half-year end or from time to time during the half-year. exists that may cast significant doubt on the Group’s ability to continue as a going concern. Our conclusion is not modified in respect of this matter. Based on our review, which is not an audit, we have not become aware of any matter that makes us believe that the interim financial report of OzAurum Resources Limited does not comply with the Responsibility of the directors for the financial report Corporations Act 2001 including: The directors of the Company are responsible for the preparation of the interim financial report that gives a true and fair view in accordance with Australian Accounting Standards and the Corporations Act 2001 and for such internal control as the directors determine is necessary to enable the (a) giving a true and fair view of the Group’s financial position as at 31 December 2021 and of its performance for the half-year ended on that date; and preparation of the interim financial report that gives a true and fair view and is free from material (b) complying with Accounting Standard AASB 134 Interim Financial Reporting and the misstatement, whether due to fraud or error Corporations Regulations 2001. .

Auditor’s responsibility Basis for conclusion for the review of the financial report Our responsibility is to express a conclusion on the interim financial report based on our review. We conducted our review in accordance with ASRE 2410 Review of a Financial Report Performed ASRE 2410 requires us to conclude whether we have become aware of any matter that makes us by the Independent Auditor of the Entity. Our responsibilities are further described in the Auditor’s believe that the interim financial report is not in accordance with the Corporations Act 2001 including responsibilities for the review of the financial report section of our report. We are independent of giving a true and fair view of the Group’s financial position as at 31 December 2021 and its the company in accordance with the auditor independence requirements of the Corporations Act performance for the half-year ended on that date, and complying with Accounting Standard AASB 2001 and the ethical requirements of the Accounting Professional and Ethical Standards Board’s 134 Interim Financial Reporting and the Corporations Regulations 2001. APES 110 Code of Ethics for Professional Accountants (including Independence Standards) (the Code) that are relevant to our audit of the annual financial report in Australia. We have also fulfilled A review of an interim financial report consists of making enquiries, primarily of persons responsible our other ethical responsibilities in accordance with the Code. for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Australian Auditing Material uncertainty related to going concern Standards and consequently does not enable us to obtain assurance that we would become aware We draw attention to Note 1(a) in the financial report, which indicates that a material uncertainty of all significant matters that might be identified in an audit. Accordingly, we do not express an audit exists that may cast significant doubt on the Group’s ability to continue as a going concern. Our opinion. conclusion is not modified in respect of this matter.

Independence Responsibility of the directors for the financial report

In conducting our review, we have complied with the independence requirements of the The directors of the Company are responsible for the preparation of the interim financial report that Corporations Act 2001. gives a true and fair view in accordance with Australian Accounting Standards and the Corporations Act 2001 and for such internal control as the directors determine is necessary to enable the preparation of the interim financial report that gives a true and fair view and is free from material misstatement, whether due to fraud or error.

HLB Mann Judd Chartered Accountants

Perth, Western Australia 15 March 2022 N G Neill Partner

Section 3

OzAurum Resources Limited ACN 643 244 544

Unit 1, 15 Williams Street, West Kalgoorlie WA 6430 info@ozaurumresources.com | www.ozaurumresources.com