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Auric Mining Ltd. ( (AU:AWJ) ) has issued an update.
Auric Mining Limited has announced the final processing campaign for its Jeffreys Find Gold Mine, with 60,000 tonnes of ore to be milled at the Three Mile Hill Mill in Coolgardie. The company expects to generate between $3.5 to $4.5 million in cash distributions from this campaign, which will support further operations at the Munda Gold Mine. This milestone marks a significant step for Auric as it transitions into a standalone gold producer, having already mined over 30,000 ounces from Jeffreys Find and banking more than $15 million from the project.
More about Auric Mining Ltd.
Auric Mining Limited is a company operating in the gold mining industry, focusing on the extraction and production of gold. The company is transitioning to become a gold producer in its own right, with operations centered around projects like the Jeffreys Find Gold Mine and the Munda Gold Mine in Western Australia.
Average Trading Volume: 221,013
Technical Sentiment Signal: Sell
Current Market Cap: A$33.51M
Find detailed analytics on AWJ stock on TipRanks’ Stock Analysis page.