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Auric Mining Ltd. ( (AU:AWJ) ) has issued an update.
WIN Metals Limited has finalized the sale of its non-core nickel rights on the Munda tenement to Auric Mining Ltd, receiving a total payment of $1.4 million. This transaction allows WIN Metals to focus on its core projects, such as the Butchers Creek Gold Project and the Radio Gold Mine, while enabling Auric Mining to proceed with its Munda Gold Project development, reflecting a strategic collaboration that benefits both companies.
More about Auric Mining Ltd.
WIN Metals Limited operates in the mining industry, focusing on nickel and gold assets. The company is involved in the development of the Mt Edwards Nickel Project and has recently acquired the Radio Gold Mine, indicating a strategic focus on expanding its gold mining operations.
Average Trading Volume: 438,052
Technical Sentiment Signal: Hold
Current Market Cap: A$33.48M
For an in-depth examination of AWJ stock, go to TipRanks’ Overview page.