Auric Mining Ltd. (AU:AWJ) has released an update.
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Auric Mining Limited has updated its mineral resources estimate for the Munda Gold Deposit, now standing at 3.65 million tonnes at 1.23 grams per tonne for 145,000 ounces of gold. This update, based on new detailed drilling data, supports the company’s plans to initiate a starter pit in early 2025. The revised resource model is set to optimize surface gold extraction, reflecting promising prospects for economic mining.
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