Auric Mining Ltd. (AU:AWJ) has released an update.
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Auric Mining Ltd. successfully completed its second toll milling campaign for 2024 at the Jeffreys Find Gold Mine, producing 6,295 ounces of gold and generating $23.5 million in sales at an impressive average price of AUD$3,731 per ounce. The company boasts a total annual production exceeding 7,500 ounces, with an additional milling campaign slated for the year’s end. Despite a lower than expected ore yield, the high gold prices and a 93.2% recovery rate contributed to a robust financial performance for Auric.
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